Friday, June 26, 2015

FRIDAY 6/26/15; Japan Data; China Stock Market Crash; Greece Angst; Terrorism; FINL; Consumer Sentiment

At 7:20 PM EST Thursday evening in the States (8:20 AM Tokyo Friday morning), US futures are flat. S&P +1. Dow +20. Nasdaq -2. The disappointing MU earnings release will create a weak bias in semiconductors and tech stocks while the NKE joy will boost multinationals. The Greece bailout drama remains in limbo. Euro 1.1201. Dollar/yen 123.57. Pound 1.5746. USD 95.21. Aussie dollar 0.7736.

WTIC oil 59.67. Brent oil 63.20. Natural gas 2.837. Gold 1173. Silver 15.835. Copper 2.6265.

US Treasury yields are; 2-year 0.69%, 5-year 1.71%, 10-year 2.41%, 30-year 3.177%. German bund 0.863%. Japan 10-year yield 0.462%.

Japan CPI (consumer price index) is up +0.1% year on year a hair above expectations. Household spending is 







































[Text is Redacted: Purchase June 2015-06 to Read the Complete Chronology]




























concerned as bank runs increase with lines forming at ATM’s. Greek officials tell the public the banks will remain open and there is nothing to worry about. When politicians or company executives tell you not to worry, that is the time to worry.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.