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>> EUROZONE Latest News

JUN 28, 2013 - Zero Hedge

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More Fed Jawboning On Deck To Usher Green Close To First Half Of 2013

Overnight newsflow (which nowadays has zero impact on markets which only care what Ben Bernanke had for dinner) started in Japan where factory orders were reported to have risen the most since December 2011, retail sales climbed, the unemployment rate rose modestly, consumer prices stayed flat compared to a year ago, however real spending plunged -1.6% significantly below the market consensus forecast for +1.3% yoy, marking the first yoy decline in five months. This suggests that households are cutting utility costs more so than the level of increase in prices. By contrast, real spending on ... Read More

Tags: More Fed Jawboning On Deck To Usher Green Close To First Half Of 2013,  Eurozone Latest News