Tallahassee, FL 2/6/12 (StreetBeat) -- Stocks were mixed in Asian trade. The Nikkei was among the best with a gain of slightly more than one percent, Australia also added one percent, but Shanghai was unchanged on the session and the Hang Seng was off by a quarter percent. European indexes are generally lower on the day with the Dax and Footsie both down by a slight fraction. US stock futures are down a bit as I write.*The December reading of Australian Retail Sales was weaker than expected at -0.1% month on month; a two tenth gain was forecast.
*The December reading of German Factory Orders was much stronger than expected at +1.7% month on month.
*In January UK house prices were up 0.6% on a monthly basis, according to Halifax.
*A deal between Greece and the private creditors group is “within reach” , in a “matter of days”…that one never gets old. France President Sarkozy says time is running out for Greece. Germany’s Merkel says she wants Greece to remain in the EMU, but they must have a debt accord and reach a deal with the Troika. Greek PM Papademos earlier pushed back a meeting with the various political parties in Greece to discuss and agree on Troika demands.
*St. Louis Fed boss Bullard is set to talk about inflation targeting this morning at 7:55am CST. Dallas Fed’s Fisher will discuss the economy in a speech at 11:15am CST.
*The Fed is scheduled to buy Treasuries today that are due to mature between 2/15/36 and 11/15/41; the results of the operation will be announced just after 10:00am CST.
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