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Thursday, 25 July 2013
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RBI updates
* India Central bank says banks' cash balances 2.94 trln Rupees on July 20
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Wednesday, 24 July 2013
US OUTLOOK/OPINION: JPM says latest core econ data reported for construction,...
US OUTLOOK/OPINION: JPM says latest core econ data reported for construction,
cap goods, retail sales, trade, and inventories could "be modestly favorable for GDP growth on net" from 2010 on, "led by a decent-sized upward revision to 1Q13 and mixed results across the other quarters." GDP revisions are due Jul 31 and could initially confuse, JPM says.
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gold updates
Spot Gold down 2 pct to below $1,320/oz as Crude oil drops, Dollar adds gain
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US DATA: July Markit PMI (flash) 53.2 vs 51.9f June, and text confirms it's a...
US DATA: July Markit PMI (flash) 53.2 vs 51.9f June, and text confirms it's a high since March. Text says there was solid gain in orders and employment gained. One caveat is that response rate was only 85% of normal.
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