TNS Global Flash – 10 June 2014 +America Digest+ Stocks pared their gains early afternoon, but remained higher as investors were encouraged by a spate of corporate deal-making of some companies. Macro Update - No major U.S. macroeconomic released yesterday. - St. Louis Feds Bullard said the time is fast approaching its policy goals when the central bank may need to begin raising interest rates. +Europe Digest+ European markets closed in the green as upbeat Chinese and Japanese macro data led to optimism that the global economic recovery remains on track. Macro Update - Eurozones investor confidence declined to 8.5 unexpectedly in June, indicates Sentix. +Asia Digest+ Asian markets ended mostly in positive territory tracking Friday’s gains on Wall Street and following robust Chinese and Japanese economic data. - Japan’s economy grew 6.7% more than the preliminary estimate of 5.9% in the first quarter of 2014. - Japan’s trade deficit narrowed to JPY 780.4 bn in April, less than market estimates. +Commodities Digest+ - The Gold spot drifted slightly lower to close at USD 1,251.92 in thin trading as investors faced no major new economic data following last weeks largely as-expected reading on the U.S. labor market. - WTI and Brent crude oil climbed to close at 104.41 and 109.99 as investors looked toward signs of stronger demand in the second half of the year and upbeat Chinese trade data released over the weekend raised the demand prospect for crude oil. For full report, please contact TNS Global Trading. TNS Global Trading Connecting the World Email: [email protected] Tel: 02-217-8780-1
Posted on: Tue, 10 Jun 2014 06:27:36 +0000
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