FA Notes May 26, 2011
Jobless claims 424K vs. 404k est.
Q1 GDP 1.8% vs. 2.1% est., price index 1.9% vs. 1.9% est.
ECB may have more leeway on Greece restructuring than rhetoric says. Link
Euro – “Euro gained ground against most other currencies after European Financial Stability Facility Chief Executive Klaus Regling reportedly said that China and other Asian central banks are interested in buying EFSF bonds, which are expected to be issued in June” Link
F-35 fleet will cost $1 trillion over 50 years. Link
Today’s POMO $5-7 billion