Archive for July 7th, 2011

Daily Reading – Thursday, July 7, 2011

*** FT Alphaville: Default as a state of normalcy ***
*** FT Alphaville: Trichet on rating requirement for Portugal: whatever, don’t worry about it ***
*** FT Alphaville: All going to plan. Argentina’s plan that is ***
*** FT Alphaville: Germany isn’t about exports anymore ***
*** The Financial Times: Sweden eyes Chinese lessons in schools ***
*** FT BeyondBRICs: Afghan iron ore: the Indian connection ***
*** The Big Picture:Insider Buying? Headlines vs S&P 500 Index ***
*** The Slope Of Hope: PO TW: Internet Abbreviations ***
*** Calculated Risk: Goldman’s Hatzius forecasts 125,000 payroll jobs added in June ***
*** The Wall Street Journal: Hedge Funds Lagged S&P 500 In June ***
*** The Wall Street Journal: Latest Twist in the Bonds, Drugs and Porn Litigation ***
*** The Telegraph: Monkey steals camera to snap himself ***

U.S. Initial Jobless Claims At 418.000; Down 14.000

Initial jobless claims in the U.S. were reported at 418.000 vs. 420.000 consensus and last week revised (up 4.000) reading of 432.000.

ADP Employment Rose 157,000 In June

ADP Employment rose 157,000 in June vs. revised (down 2,000) gain of 36,000 in May.

Large upside surprise, I wonder whether it will be confirmed by non-farm payrolls.

 

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