A quick roundup of some of the news that will shape sentiment in the early part of the day:’
(From various sources – Bloomberg, Briefing, NYT, WSJ and others)
- Initial Claims 370K vs 382K Briefing.com consensus; Prior revised to 395K from 393K
- Continuing Claims falls to 3.205 mln from 3.305 mln
- ECB President Draghi Press Conference- Kept rates unchanged due to high energy prices; says inflation expected to slide to below 2% in 2013
- ECB President Draghi Press Conference- says some economic data has stabilized at low levels
- Draghi Says Europe Growth Weakness to Extend Into 2013 Before a Recovery
- Egyptian Presidential Guards Deployed Outside Palace After Deadly Clashes
- Honda Set on Becoming Net Exporter of Autos From North America
- Beijing Eases Visa Rules on Tourists to Spur Arrivals, Spending
- Copper Declines on Concerns About Global Economic Growth
- Oil Trades Near One-Week Low as U.S. Distillate Supplies Surge
- Apple Declines Most Since 2008 on Nokia China Deal, Google