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Mandatory curfew in New Orleans as 2 million people evacuated ahead of hurricane due later today
Mon, Sep 1 2008, 07:11 GMT
by Nicole Elliott
Quote:
‘Do I contradict myself?
Very well then I contradict myself,
(I am large, I contain multitudes).’ Walt Whitman (1819-1892)
The News:
Mandatory curfew in New Orleans as 2 million people evacuated ahead of hurricane due later today.
The Numbers:
British Summer Time, with expectations and previous figures in brackets.
From today DE July Retail Sales due (versus –1.4% M/M and –3.9% Y/Y June).
02:30 JP July Labour Cash Earnings +0.3% Y/Y, Overtime +1.1%, versus +0.4% and revised +0% June.
06:00 JP August Vehicle Sales –14.9% Y/Y, versus +5.4% July.
06:30 GB August Hometrack House Prices –0.9% M/M, -5.3% Y/Y, versus –1.2% and –4.4% July.
08:30 CH August PMI (versus 54.1 July).
09:30 GB July Net Consumer Credit (versus £0.9B and £3.1B secured on Dwellings in June).
09:30 GB July Mortgage Approvals (versus 36K June).
09:30 GB August Manufacturing PMI (versus 44.3 July).
19:45 US Fed’s Hoenig speaks on financial turmoil, Buenos Aires.
The Psychology:
US and Canadian Labour Day holidays today.
The Risk:
EU leaders’ emergency meeting in Brussels today to discuss relations with Moscow.
Today’s most interesting chart: EUR/GBP
Weakest ever pound vs Euro at £0.8139 as Chancellor Darling warns the UK faces a deeper and longer economic downturn, possibly the worst in 60 years.
Published on Mon, Sep 1 2008, 07:18 GMT
Archive
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Published On Tue, Dec 2 2008, 07:26 GMT - Rumours the Bank of Japan will hold an emergency meeting this week
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Published On Fri, Nov 28 2008, 07:11 GMT - Indian militants target British and US citizens in Mumbai, killing and setting fire to prominent targets
Published On Thu, Nov 27 2008, 07:16 GMT - Anti-government protestors storm airport control tower cancelling flights to Bangkok
Published On Wed, Nov 26 2008, 07:35 GMT
Mizuho Corporate Bank
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