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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

US DATA
US DATA: Initial Jobless Claims below-expected 212,000
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- Initial claims -16k to 212k in May 11 wk vs 220k BBG and MNI. 
- Claims 4-wk avg +4,750 to 225k, but likely to decline next week.
- Unadj initial claims -16,344 to 187,689, just below the year ago level 
- Continuing claims -28k to 1.660m in May 4 wk.