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US House Committee postpones vote on banking reforms

Fri, Nov 20 2009, 07:44 GMT
by Nicole Elliott

Mizuho Corporate Bank


Quote:

‘There’s a blush for won’t, and a blush for shan’t,

And a blush for having done it:

There’s a blush for thought and a blush for naught,

And a blush for just begun it’. John Keats (1795-1821-)


The News:

US House Committee postpones vote on banking reforms.


The Numbers:

Greenwich Mean Time, with expectations and previous figures in brackets.

04:00 JP Bank of Japan keeps rates unchanged at 0.10%; upgrades economic assessment.

07:00 JP October Convenience Store sales Y/Y versus –5.6% September.

07:00 DE October Producer Prices M/M, Y/Y, versus –0.5% and –7.6% September.

08:00 DE ECB’s Weber speaks at the European Banking Congress: ‘After the Crisis’ (he’s sure?), Frankfurt.

09:15 CH Swiss National Bank’s Roth speaks on the economy, Fribourg.

10:30 DE ECB’s Trichet also talks about ‘After the Crisis’ at the same do in Frankfurt.


The Psychology:

Japanese Labour and Thanksgiving holiday Monday 23rd.


The Risk:

Knee-jerk reactions may prove to be wrong.


Today’s most interesting chart: Benchmark US 2-year TNote yield

Almost as low as it was in December 2008 (0.612%).

Start The Day

Published on  Fri, Nov 20 2009, 07:44 GMT


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Mizuho Corporate Bank  | 1-3-3, Marunouchi, Chiyoda-ku, Tokyo 100-8210
http://www.mizuho-cb.co.uk | Nicole.Elliot@mhcb.co.uk

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