Trade the News Market Update

***Looking Ahead***

– 15:00 (AR) Argentina Apr Consumer Price Index M/M: 0.8%e v 0.8% prior; Y/Y: 9.6%e v 9.7% prior
– 15:00 (AR) Argentina Apr Wholesale Price Index M/M: No est v 0.9% prior; Y/Y: No est v 12.9% prior
– (CO) Colombia Monetary Policy Meeting Minutes

10:31 AM Market Internals update at 10:30ET

– NYSE volume 170M shares, about 22% below its three-month average; decliners lead advancers by 1.4:1.
– NASDAQ volume 445M shares, about 5% below its three-month average; decliners lead advancers by 1.6:1.
– VIX index +2.5% at just over 16.00

– 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.

5:50 AM TradeTheNews.com European Market Update: European GDP data mostly exceeds expectations

***Economic Data***

– (FR) France Q1 Preliminary Gross Domestic Product Q/Q:1.0% v 0.6%e; Y/Y: 2.2% v 1.8%e
– (GE) Germany Q1 Preliminary GDP Q/Q: 1.5% v 0.9%e; Y/Y: 5.2% v 4.5%e; GDP wda Y/Y: 4.9% v 4.2%e
– (FI) Finland Apr CPI M/M: 0.2% v 0.2%e; Y/Y: 3.2% v 3.2%e
– (FI) Finland Mar GDP Indicator: 4.7% v 5.6% prior
– (FI) Finland Mar Final Retail Sales Volume Y/Y: 1.4% v 2.1% prior
– (FR) France Q1 Preliminary Non-Farm Payrolls Q/Q: 0.4% v 0.3%e; Wages Q/Q: 1.0% v 0.6%e
– (SP) Spain Q1 Preliminary GDP Q/Q: 0.3% v 0.2%e; Y/Y: 0.8% v 0.7%e
– (CZ) Czech Q1 Preliminary GDP Q/Q: 0.6% v 0.5%e; Y/Y: 2.5% v 2.5%e
– (HU) Hungary Q1 Preliminary GDP Q/Q: 0.7% v 0.8%e; Y/Y: 2.4% v 2.4%e
– (AS) Austria Q1 GDP Q/Q: 1.0% v 0.9% prior; Y/Y: 4.2% v 3.0% prior
– (HU) Hungary Mar Final Industrial Production M/M: -3.6% v -3.6% prior; Y/Y: 9.2% v 9.2% prior
– (FI) Finland Mar Current Account: -€300M v +€460M prior
– (SZ) Swiss Apr Producer & Import Prices M/M: 0.3% v 0.4% prior; Y/Y: 0.1% v 0.5%e
– (NV) Netherlands Q1 Preliminary GDP Q/Q: 0.9% v 0.7%e; Y/Y: 3.2% v 2.5% prior
– (NV) Netherlands Mar Retail Sales Y/Y: 1.2% v 3.0% prior
– (NV) Netherlands Mar Trade Balance: €3.5B v €3.8B prior
– (SW) Sweden Q1 Industry Capacity: 89.0% v 88.6% prior
– (IT) Italy Q1 Preliminary GDP Q/Q: 0.1% v 0.3%e; Y/Y: 1.0% v 1.3%e
– (SW) Sweden Apr PES Unemployment Rate: 4.0% v 4.1%e
– (HK) Hong Kong Q1 GDP Q/Q: 2.8% v 1.2%e; Y/Y: 7.2% v 5.5%e
– (EU) Euro-Zone Q1 Advanced GDP Q/Q: 0.8% v 0.6%e; Y/Y: 2.5% v 2.2%e
– (PO) Portugal Q1 Preliminary GDP Q/Q: -0.7% v -0.3%e; Y/Y: -0.7% v 1.2% prior
– (GR) Greece Q1 Preliminary GDP Q/Q: +0.8% v -2.8% prior; Y/Y: -4.8% v -7.4% prior; first quarterly growth since Q3 2009

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