News Headline Summary

US Philadelphia Fed (Jan) M/M -5.8 vs. Exp. 5.6 (Prev. 8.1, Rev. 4.6)

- New Orders: -4.3 vs. Prev. 4.90
- Prices Paid: 14.7 vs. Prev. 23.50
- Employment: -5.2 vs. Prev. -0.20

Reaction details:

- In immediate reaction to the worse than expected headline figure:
- E-mini S&P moved 1.75 points lower from 1472.75 to 1471.
- T-notes moved 2 ticks higher from 131.28 to 131.30.

Print 15:00, 17 Jan 2013 - US Data - Source: Newswires