News Headline Summary

US Philadelphia Fed (Feb) M/M -12.5 vs. Exp. 1.0 (Prev. -5.8)

- New Orders: -7.8 vs. Prev. -4.3
- Prices Paid: 8.9 vs. Prev. 14.7
- Employment: 0.9 vs. Prev. -5.2

Reaction details:

- In immediate reaction to the worse than expected headline figure:
- EUR/USD moved 10 pips higher from 1.3194 to 1.3204.
- E-mini S&P moved 2.75 points lower from 1500.5 to 1497.75.
- T-notes moved 3+ticks higher from 131.25+ to 131.29.

Print 15:00, 21 Feb 2013 - US Data - Source: Newswires