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Bosnia's ex−president Karadzic arrested in Belgrade for war crimes after 11 years on the run

Tue, Jul 22 2008, 06:24 GMT
by Nicole Elliott

Mizuho Corporate Bank


Quote:

‘To see the world in a grain of sand

And a heaven in a wild flower,

Hold infinity in the palm of your hand

And eternity in an hour.’ William Blake (1757-1827)


The News:

Bosnia’s ex-president Karadzic arrested in Belgrade for war crimes after 11 years on the run.


The Numbers:

British Summer Time, with expectations and previous figures in brackets.

00:50 JP May All Industry Activity Index +0.4% M/M versus +0.8% April

06:00 JP June Supermarket Sales –0.9% Y/Y versus –1.1% May.

08:00 JP June Convenience Store Sales Y/Y versus +3.7% May.

09:45 GB Bank of England’s King, Gieve, Jenkinson and Bailey testify at Treasury Select Committee.

13:10 US Treasury’s Paulson speaks on the economy, New York.

13:30 CA May Retail Sales (+0.1% to +1.2% M/M, Less-autos 0% to +1.3%, versus +0.6% and +1.1% April).

13:30 US Fed’s Plosser speaks on the economy, Pennsylvania.

15:00 US May House Price Index (-0.8% to 0% M/M versus –0.8% April).

18:00 US Treasury auction result of twenty-year TIPS.


The Psychology:

India tight vote of confidence in parliament today. The Risk: Markets mark time.


Today’s most interesting chart: Dow Jones Industrial Average

Rally runs out of steam.


Archive

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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