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RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 12/11/10
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Lucky for everyone, the PPT got the emergency call at 03:10 EST this morning. For those who missed it (because they didn't get the call), the low tick was 1193 on the /ES. Wow, would that have looked ugly on the charts.
Eurozone GDPs all miss.
French 0.4% vs 0.5% expected
Ital 0.2% vs 0.4% expected
German 0.7% vs 0.8% expected
Euro zone industrial production -0.9% vs +0.5% expected (huge)
Euro zone GDP 0.4% vs 0.5% expected.....but all is well.
Considering France didn't have any gas, that seems like a pretty good number.
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