Orlando, FL 1/4/12 (StreetBeat) --Stocks were mixed in Asian trade. Australia was among the strongest with a two percent gain and the Nikkei added one and a quarter percent, but Shanghai fell 1.4% and the Hang Seng dipped 0.8%. European indexes are mostly lower, with the Dax down about 0.6%, but the Footsie is essentially unchanged this morning. US stock futures are down a slight fraction as I write.*The final December readings of the Eurozone Purchasing Manager Indexes were each revised up about a half point; the service sector PMI is now said to be 48.8 and the manufacturing sector reading is now said to be 48.3.
*However, the final December reading of Germany’s service sector PMI was revised down three tenths to 52.4.
*Mitt Romney won the Iowa caucus, but just barely; only eight votes separated him from Rick Santorum. Both men received about twenty five percent of the vote, followed closely by Ron Paul with 21.5%.
*US mortgage applications were down 4.1% in the week ended December 30, according to the Mortgage Bankers Association. Both main components were down on the week, with applications for purchase the worst at -9.6%.
*The weekly report on chain store sales from ICSC showed sales were up 1.2% on a week on week basis for the week ended December 31. The Johnson Redbook report on the same thing is due out at 7:55am CST.
*The November reading of Factory Orders is due out at 9:00am CST, it is expected to be +2.0% month on month.
*The automakers are set to release their December vehicle sales results today; the annualized rate of total sales are forecast to be down slightly from the month before to 13.50 million.
*The Fed is scheduled to sell Treasuries today that are due to mature between 5/15/13 and 10/31/13; the results of the operation will be announced just after 10:00am CST.
*Because of the holiday on Monday the ADP jobs guess and the petroleum based inventory report will be released on Thursday.
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