20 March 2014 ~ US Claims ~ US Phili Fed

Thursday suffered some considerable selling across the board in a continued reaction to the more Hawkish stance from Yellen the night before.

Of note:
12:30 noon London Time: US Claims released without any surprises, and negligible market impact.

14:00 London Time: US Philadelphia Fed hits 9.0 as against expectation of 3.0
Markets jerk a little but still register as a 1/10 on the Harry Hindsight Impact Meter.
* Several minutes later US equities had risen several points but I question whether this was a direct result of the Phili Fed number. More likely general sentiment.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s