FRANCE: Centre-Left Meets On Potential Unity Candidate For 2027

Jul-02 15:53

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Senior figures from the centre-left of French politics are meeting to "discuss the conditions for a ...

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US OUTLOOK/OPINION: Atlanta Fed GDPNow Rises To 4.6% For Q2

Jun-02 15:49

Despite soft-looking ISM Manufacturing and construction spending data this morning, the Atlanta Fed's GDPNow estimate for Q2 GDP growth picked up to 4.6% vs 3.8% Friday.

  • Of the 0.8pp upgrade, about 0.2pp can be attributed to higher equipment investment and another 0.5pp to stronger PCE consumption. "The nowcasts of second-quarter real personal consumption expenditures growth and real gross private domestic investment growth increased from 3.3 percent and -1.4 percent, respectively, to 4.0 percent and 0.5 percent."
  • The latest estimate is easily the highest yet for GDPNow this quarter, and would represent a very strong rebound from -0.2% in Q1. Detailed table below:
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Source: Atlanta Fed

FED: US TSY 26W BILL AUCTION: HIGH 4.150%(ALLOT 87.95%)

Jun-02 15:33
  • US TSY 26W BILL AUCTION: HIGH 4.150%(ALLOT 87.95%)
  • US TSY 26W BILL AUCTION: DEALERS TAKE 29.30% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: DIRECTS TAKE 11.26% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: INDIRECTS TAKE 59.45% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: BID/CVR 3.13

FED: US TSY 13W BILL AUCTION: HIGH 4.250%(ALLOT 69.18%)

Jun-02 15:33
  • US TSY 13W BILL AUCTION: HIGH 4.250%(ALLOT 69.18%)
  • US TSY 13W BILL AUCTION: DEALERS TAKE 45.07% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: DIRECTS TAKE 6.39% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: INDIRECTS TAKE 48.54% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: BID/CVR 2.68