Five Headlines That Mattered
Spain and Italy rebound but rocky road lies ahead – Fox
U.S. Service Industries Sustain Gain as U.S. Hiring Climbs – Blomberg
China HSBC services PMI rises to four-month high – Reuters
CBO: Budget Deficit Estimate Drops Below $1 Trillion – CNBC
Euro advances vs dollar, yen ahead of ECB meeting – Reuters

Headlines That Didn’t Matter, But Should
World Risks ‘Perfect Storm’ on Capital Flows, Carstens Says – Bloomberg
China aims weapons at Japanese warship – FT
Hollande warns on euro strength – FT

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