Trade the News Market Internals Update

**Economic Data**

– (RU) Russia Gold & Forex Reserve W/E May 13TH: 514.4B V $524.7B prior
– (IN) India Primary Articles WPI w/e May 7th Y/Y: 10.9% v 12.0% prior; Food Articles WPI Y/Y: 7.5% v 7.7% prior
– (NV) Netherlands Apr Unemployment Rate: 5.0% V 5.1%E
– (TT) Taiwan Q1 GDP 6.6% v 6.2% prelim
– (UK) Apr Retail Sales ex Auto Fuel M/M: 1.2% V 0.8%E; Y/Y: 2.7% v 2.2%e
– (UK) Apr Retail Sales M/M: 1.1% v 0.8%e; Y/Y: 2.8% v 2.5%e
– (HK) Hong Kong Apr Unemployment Rate: 3.5% v 3.3%e
– (SZ) Swiss May Credit Suisse Zew Expectations Survey: -11.5 V +8.8 Prior
– (IT) Italy Mar Current Account: -€5.5B v -€6.3B prior

Fixed Income:

– (UK) DMO sells £5.0b in 2.25% 2014 gilts; avg yield 1.456% v 1.542% prior; bid-to-cover: 1.67x v 1.69x prior; tail 0.7bps
– (SP) Spain Debt Agency (Tesoro) Sells €3.22b Vs. €3.0-4.0b Indicated In 2021 And 2041 Bonds
– Sells €2.5B in 2021 Bonos; Avg Yield 5.395% v 5.472% prior; Bid-to-cover: 1.83x v 2.09x prior
– Sells €724M in 2041 Bonos; Avg Yield 6.002% v 5.875% prior; Bid-to-cover: 1.97x v 2.06x prior
– (FR) France Debt Agency (Aft) Sell Total In €8.48b In Notes And Bonds (Btan And Oat)
– Sells €4.48B in 2013 BTAN; Avg Yield 2.04% v 1.53% prior; Bid-to-cover: 2.02x v 2.77x prior
– Sells €2.720B in 2015 OAT; Avg Yield 2.67% v 2.68% prior; Bid-to-cover: 1.99x v 2.85 x prior
– Sells €1.280B in 2016 OAT; Avg Yield 2.80% v 2.76% prior; Bid-to-cover: 4.50x v 5.4x prior

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