Trade the News Market Internals Update

***Looking Ahead***

– (PE) Peru Central Bank Interest Rate Decision: Expected to raise the Reference Rate by 25bps to 4.25%
– 13:00 (US) Treasury to sell $16B in 30-Year Bonds

– 18:00 (CL) Chile Central Bank Interest Rate Decision: Expected to raise the Nominal Overnight Rate Target by 25bps to 4.75%

10:30 AM Market Internals update at 10:30ET

– NYSE volume 200M shares, about 8% below its three-month average; decliners lead advancers by 1.9:1.

– NASDAQ volume 530M shares, about 13% above its three-month average; decliners lead advancers by 1.6:1.

– VIX index +4% at just over 17.00

– NOTE: NYSE volume may notably decrease going forward following a 1-10 reverse stock split in Citigroup (C). Before the reverse split, Citi was the most active stock on the NYSE, trading about 500M shares a day.

5:55 AM TradeTheNews.com European Market Update: Risk aversion sentiment envelops session; Precious metals sell-off continues on margin call concerns

***Economic Data***

– (FR) France Apr Consumer Price Index M/M: 0.3% v 0.4%e; Y/Y: 2.1% v 2.1%e; CPI Ex Tobacco Index: 122.32 v 121.9 prior

– (FR) France Apr CPI EU Harmonized M/M: 0.3%e v 0.4%e; Y/Y: 2.1% v 2.3%e
– (IN) India Mar Industrial Production Y/Y: 7.3%e v 4.0%e
– (JP) Japan Apr Preliminary Machine Tool Orders Y/Y: 32.3%e v 49.6% prior

– (IN) India Primary Articles WPI w/e Apr 30th Y/Y: 12.0% v 12.1% prior; Food Articles WPI Y/T: 7.7% v 8.5% prior

– (ID) Indonesia Central leaves the Reference Rate unchanged at 6.75%; As Expected
– (RU) Russia Gold & Forex Reserve w/e May 6th: $524.7B v $523.9B prior
– (SP) Spain Apr Consumer Price Index M/M: 1.2% v 1.2%e; Y/Y: 3.8% v 3.8%e
– (SP) Spain Apr CPI EU Harmonized M/M: 0.9% v 0.9%e; Y/Y: 3.5% v 3.5%e
– (SP) Spain Apr CPI Core M/M: 1.3% v 1.0%e; Y/Y: 2.1% v 1.9%e
– (SW) Sweden Apr CPI Headline Rate M/M: 0.4% v 0.4%e; Y/Y: 3.3% v 3.3%e; CPI Level: 311.44 v 311.36e

– (SW) Sweden Apr CPI Underlying Rate (CPIF) M/M: 0.5% v0.3%e; Y/Y: 1.8% v 1.8%e
– (EU) ECB Publishes May Monthly Report
– (UK) Mar Industrial Production M/M: 0.3% v 0.8%e; Y/Y: 0.7% v 1.1%e
– (UK) Mar Manufacturing Production M/M: 0.2% v 0.3%e; Y/Y: 2.7% v 2.8%e
– (EU) Euro Zone Industrial Production M/M: -0.2% v +0.3%e; Y/Y: 5.3% v 6.3%e

– (SA) South Africa Mar Gold Production Y/Y: +0.6 v -2.3% prior; Mining Production Y/Y: -1.4% v +2.8% prior

– (IR) Ireland Apr CPI M/M: 0.4% v 0.9% prior; Y/Y: 3.2% v 3.0% prior
– (IR) Ireland Apr CPI EU Harmonized M/M: 0.3% v 0.2%e; Y/Y: 1.5% v 1.5%e

This information was brought to you courtesy of TradetheNews.com, for your free trial Click Here