HALISTER1: U.S. ECO PREVIEW: Jobless Claims, Philly Fed Due in 5 Minutes

U.S. ECO PREVIEW: Jobless Claims, Philly Fed Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
  • Philly Fed 25.5; range 18 to 35.9 (49 estimates)
    • "It is likely that the headline gave up more ground, based on the continued lackluster trends in the actual metrics of output": Bloomberg Intelligence
  • Initial Claims 240k; range 230k to 255k (38 estimates)
  • Cont. Claims 2024k; range 2015k to 2030k (4 estimates)
    • "Fluctuations in the timing of the Easter holiday tend to result in temporary distortions": Bloomberg Intelligence
    • Prior report showed claims fell by 1,000 in week ended April 8 to 234,000, the lowest since a 44-year low of 227,000 in late February
    • Today’s data will correspond to the survey week for the government’s monthly employment report

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: Psagot: Buy Israel CPI-Linked Bonds Due 2025, Sell 2022

Psagot: Buy Israel CPI-Linked Bonds Due 2025, Sell 2022

(Bloomberg) -- Psagot expects “significant correction” in 5Y5Y inflation expectations, since they have remained low without any “satisfactory economic reason,” Guy Yehuda, senior economist at Psagot writes in e-mailed note.
  • Psagot recommends buying Israeli CPI-linked bonds due Oct. 2025 and selling CPI-linked bonds due Sept. 2022
  • Inflation expectations for 3 years and 5 years have returned to their level since the beginning of the year, but 9-year expectations remain behind
  • Shekel depreciation in past weeks, end to possibility of VAT cut, and increase in CPI data all support case for rise in long-term inflation expectations
  • NOTE: April 14, Israel March consumer prices rose 0.9% from year ago vs 0.7% median economist estimate

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: *VIRTU CONFIRMS DEAL TO TO BUY KCG FOR $20/SHR IN CASH

*VIRTU CONFIRMS DEAL TO TO BUY KCG FOR $20/SHR IN CASH

Alert: HALISTER1
Source: BN (Bloomberg News)

Tickers
KCG US (KCG Holdings Inc)
VIRT US (Virtu Financial Inc)

People
Glenn Hutchins (Silver Lake Technology Management LLC)
Justin Waldie (Virtu Financial Inc)
Robert Greifeld (Nasdaq Inc)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283