Frontrunning: April 12

Tyler Durden's picture
  • Japan Sees Greater Hit to Economy as Its Nuclear Crisis Deepens (Bloomberg)
  • President Open to Deal on Debt Cap (WSJ)
  • Democrats Allow Trims to Favored Programs (NYT)
  • Libya Rebels and West Dismiss Peace Plan (FT)
  • France and Britain say NATO must step up Libya bombing (Reuters)
  • Toyota Tells U.S. Dealers to Brace for Reduced Car Supplies (Bloomberg)
  • U.S. Lawmakers Reach Agreement on $38 Billion in Budget Cuts (Bloomberg)
  • Yemen's Saleh Exit Plan Held up by Opposition Dispute (FT)
  • U.S. probes A380 taxiway collision in New York (Reuters)
  • Bankers Get Off Scot-Free in Industry Overhaul (Bloomberg)
  • Ouattara urges peace after Ivory Coast rival held (Reuters)
  • UK Watchdog Attacks Commodity Caps Plan (FT)
  • Minsk Metro Bomb Explosion Kills up to 11 (FT)

European Economic Highlights:

  • Euro-Zone ZEW Survey (Econ. Sentiment) for April 19.7.Previous 31.0.
  • Germany Consumer Price Index for March 0.5% m/m 2.1% y/y – as expected.Previous 0.5% m/m 2.1% y/y.
  • France Current Account (EURO) for February -5.2B.Previous -4.1B.
  • Sweden CPI - Headline Rate for March 0.7% m/m 2.9% y/y - in line with expectation.Consensus 0.8% m/m 2.9% y/y.  Previous 0.6% m/m 2.5% y/y.
  • Sweden CPI - CPIF for March 0.4% m/m 1.5% y/y – lower than expected.Consensus 0.7% m/m 1.7% y/y. Previous 0.5% m/m 1.3% y/y.
  • Sweden CPI Level for March 310.11 – in line with expectation. Consensus 310.85. Previous 308.02.
  • Sweden PES Unemployment Rate for March 4.3% - lower than expected.Consensus 4.4%. Previous 4.5%.
  • UK DCLG UK House Prices for February 0.7% y/y – higher than expected.Consensus 0.1% y/y. Previous 0.5% y/y.
  • UK Visible Trade Balance GBP/Mn for February -£6,776 – better than expected.Consensus -8,000. Previous -7,789.
  • UK Trade Balance Non EU GBP/Mn for February -£2849 – better than expected.Consensus -4,900. Previous -4,210.
  • UK Total Trade Balance (GBP/Mln) for February -£2,443 – better than expected.Consensus -3,950. Previous -3,858.
  • UK CPI for March 0.3% m/m 4.0% y/y – lower than expected. Consensus 0.6% m/m 4.4% y/y. Previous 0.7% m/m 4.4% y/y.
  • UK Core CPI for March 3.2% y/y – lower than expected.Consensus 3.3% y/y. Previous 3.4% y/y.
  • UK Retail Price Index for March 232.5 – in line with expectation. Consensus 232.8. Previous 231.3.
  • UK RPI for March 0.5% m/m 5.3% y/y – lower than expected.Consensus 0.6% m/m 5.5% y/y. Previous 1.0% m/m 5.5% y/y.
  • UK RPI Ex Mort Int.Payments for March 5.4% y/y – lower than expected.Consensus5.5% y/y. Previous 5.5% y/y.