US Market Update Dow -43 S&P -5.5 NASDAQ -22 ***Economic Data*** – (CL) Chile Apr Economic Activity Y/Y: 4.6% v 2.2%e – (CL) Chile May Trade Balance: $0.7B v $1.4Be; Total Exports: $5.4Bt v $5.6B prior; $4.7B v $4.2B prior – US equities opened little changed from Friday’s close and vacillated in the first hour [...]

European Market Update: Hungary tries to reassure markets on its deficit pledge ***Economic Data*** – (CZ) Czech Apr Trade Balance (CZK): 15.4Bv 12.0Be – (CZ) Czech Apr Industrial Output Y/Y: 10.9% v 10.2%e; Construction Output Y/Y: -15.3% v -18.3% prior – (CZ) Czech Apr Retail Sales Y/Y: -4.5% v -1.0%e – (CZ) Czech Q1 Avg [...]

Asian Market Update: Equity markets following the US plunge after disappointing jobs report; EUR/USD, EUR/JPY make multi-year lows ECONOMIC DATA – (AU) AUSTRALIA MAY AIG PERF OF CONSTRUCTION INDEX: 53.2 V 55.8 PRIOR – (JP) Japan MAY Official Reserve Assets: $1.0T v $1.0T prior – (AU) AUSTRALIA MAY ANZ JOB ADVERTISEMENTS M/M: 4.3% V -1.2% [...]

US Market Update Dow -198 S&P -19.5 NASDAQ -36 ***Economic Data*** – (CA) Canada May Net Change in Employment: 67.3K v 15.0Ke; Unemployment Rate: 8.1% v 8.0%e ; Full Time Employment: 67.3K v 43.8K prior; Part time Employment: -42.5K v 64.8K prior – (US) May Change in Nonfarm Payrolls: 431K v 536Ke; Change in Private [...]

European Market Update: US Payrolls expected to register its best monthly gain in 27 years ***Economic Data*** – (HU) Hungary Apr Preliminary Industrial Output M/M: 1.1% v -0.4% prior; Y/Y: 9.7% v 7.3%e v 2.8% prior – (SP) Spain Apr Industrial Output NSA Y/Y: 3.0% v 6.8% prior; Industrial Output WDA Y/Y: 2.4% v -0.1% [...]