Reports on Economic Indicators
ECB preview: likely on hold for some time
by Michael J. Malpede (Easy Forex) | Thu, Jul 2 2009, 06:32 GMT
The ECB will hold their next monetary policy meeting on Thursday, July 2. The ECB elected to hold rate policy unchanged in June. Since the financial crisis started last September the ECB has cut interest rates 325 bps to a record low 1%. The ECB has also implemented a plan to buy €60bln in bonds and to expand its liquidity operation for banks. The ECB has offered a record €442 bln in one year funds to EU banks to try and combat the recession. This offering by the ECB is effectively a de facto
Short Note
Croatia: 1Q C/A deficit narrows 29% y/y
by Alen Kovac (Erste Bank der oesterreichischen Sparkassen AG) | Wed, Jul 1 2009, 15:02 GMT
The 1Q C/A deficit landed in the expected region at EUR 1.8bn, declining a robust 29% y/y and bringing the 4Q MA current account deficit down from 9.4% in 4Q08 to 8% in 1Q09. As the trade balance figures suggested, the adjustment occurred, given the narrowing of the merchandise account deficit by 33% y/y to EUR 1.7bn. Imports were heavily hit by depleting domestic demand (-24% y/y), while exports performed somewhat better (-14% y/y). The service account, of secondary importance in 1Q, recorded
Fri, Jul 3 2009, 10:43 GMT
Spain: Balance of payments April 09
by La Caixa Economic Research Dept. - La Caixa
Fri, Jul 3 2009, 06:47 GMT
US: Employment report disappoints
by Signe Roed-Frederiksen - Danske Bank A/S
Thu, Jul 2 2009, 15:10 GMT
US: Factory Orders Continued to Recover in May
by Tim Quinlan - Wachovia
Thu, Jul 2 2009, 14:22 GMT
US: Employment - Job Losses Reflect Sector Changes
by John Silvia - Wachovia
Thu, Jul 2 2009, 10:13 GMT
US: Non-farm payrolls preview
by RANsquawk Research Team - RANsquawk
Thu, Jul 2 2009, 06:55 GMT
US: Construction Spending Fell in May
by Anika Khan - Wachovia
Thu, Jul 2 2009, 06:38 GMT
US: ISM recovery intact
by Signe Roed-Frederiksen - Danske Bank A/S
Thu, Jul 2 2009, 06:32 GMT
ECB preview: likely on hold for some time
by Michael J. Malpede - Easy Forex
Short Note | Wed, Jul 1 2009, 15:02 GMT
Croatia: 1Q C/A deficit narrows 29% y/y
by Alen Kovac - Erste Bank der oesterreichischen Sparkassen AG
US: ISM Manufacturing - No “V” Shaped Recovery; Jobs, Production Up | Wed, Jul 1 2009, 15:00 GMT
US: ISM Manufacturing - No "V" Shaped Recovery; Jobs, Production Up
by John Silvia - Wachovia
Wed, Jul 1 2009, 14:01 GMT
US: "Less Bad" is no Longer Good Enough for Consumers
by Mark Vitner - Wachovia
Wed, Jul 1 2009, 12:01 GMT
Japan: Tankan suggests growth is returning
by Flemming J. Nielsen - Danske Bank A/S
Wed, Jul 1 2009, 10:10 GMT
US: Cash-for-Clunkers Boost to Q3 Auto Sales Likely Unsustainable
by Mark Vitner - Wachovia
Wed, Jul 1 2009, 07:22 GMT
US: Preview of June Unemployment
by Michael J. Malpede - Easy Forex
Wed, Jul 1 2009, 07:03 GMT
US: ISM preview, June
by Signe Roed-Frederiksen - Danske Bank A/S
