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US military planes fly ‘humanitarian aid' to Georgia before Condoleezza Rice arrives in Tbilisi
Thu, Aug 14 2008, 06:21 GMT
by Nicole Elliott
Quote:
‘Never sell it too cheap, it won’t move off the shelves.’ Helena Rubinstein (1870-1965)
The News:
US military planes fly ‘humanitarian aid’ to Georgia before Condoleezza Rice arrives in Tbilisi.
The Numbers:
British Summer Time, with expectations and previous figures in brackets.
00:50 JP June Tertiary Industry Index –0.8% M/M versus –0.2% May.
05:00 JP July Tokyo Condominium Sales –44.5% Y/Y versus –30.0% June.
06:45 CH Q3 Consumer Confidence –17.0 versus +2.0 Q2.
07:00 DE Q2 GDP –0.5% Q/Q, +1.7% Y/Y, versus revised +1.3% and +2.6% Q1.
09:00 EZ15 August ECB Monthly Report.
10:00 EZ15 Q2 GDP (-0.5% to 0% Q/Q, +1.2% to +1.9% Y/Y, versus +0.7% and +2.1% Q1).
10:00 EZ15 July CPI (-0.2% to +0.1% M/M, +4.1% to +4.2% Y/Y, versus +0.4% and +4.0% June).
10:00 EZ15 July Core CPI (+1.7% to +2.0% Y/Y versus +1.8% June).
13:30 US August Empire Manufacturing Survey (-11 to 0 versus –4.9 July).
13:30 US July CPI (+0.1% to +0.6% M/M, +4.8% to +5.3% Y/Y, versus +1.1% and +5.0% June).
13:30 US July Core CPI (+0.1% to +0.3% M/M, +2.3% to +2.5% Y/Y, versus +0.3% and +2.4% June).
13:30 US Weekly Jobless Claims (400K to 465K, Continuing Claims 3280K to 3400K, vs 455K and 3311K prior week).
15:30 CA Bank of Canada Review.
19:30 US Fed’s Stern speaks on the economy, Montana.
The Psychology:
Assumption Day holidays in many countries tomorrow.
The Risk:
Auction of UK £925M 1.125% 2037 Index-linked Gilts.
Today’s most interesting chart: Bank of England Trade Weighted pound
Weakest since January 1997.
Published on Thu, Aug 14 2008, 08:14 GMT
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Published On Wed, Nov 26 2008, 07:35 GMT
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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