Cable raw materials (aluminum) weekly report (5.23-5.27)

1.
Eurozone manufacturing PMI preliminary value for May was 51.
5, 51.
9 expected, and 51.
7
in the previous month.
Eurozone services PMI preliminary reading for May was 53.
1 vs 53.
2 expected and 53.
1
previously.
The preliminary Eurozone composite PMI for May was 52.
9, a 16-month low, 53.
2 expected, 53.
0 previously
.

2.
The US existing home sales index in April was 5.
1% month-on-month, 0.
7% expected, and the previous value was revised from 1.
4% to 1.
6%.

The US existing home sales index for April was 2.
9% year-on-year versus 0.
2% expected and revised from 2.
9% in the previous month to 3.
2%.

3.
The annualized quarter-on-quarter revised value of US real GDP in the first quarter was 0.
8%, 0.
9% expected, and 0.
5%
in the previous month.
U.
S.
personal consumption expenditures (PCE) were revised 1.
9% annualized quarter-on-quarter in the first quarter, versus 2.
1% expected and 1.
9%
prior.
The US GDP deflator for the first quarter was revised by 0.
6% vs 0.
7% expected and 0.
7%
prior.
The U.
S.
core personal consumption expenditures (PCE) price index for the first quarter was revised 2.
1% annualized quarter-on-quarter, 2.
1% expected, and 2.
1%
previously.