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State of emergency declared in Bangkok as anti−government protests turn bloody
Tue, Sep 2 2008, 06:30 GMT
by Nicole Elliott
Quote:
‘That isn’t the light at the end of the tunnel. That’s the headlamp of the train coming in the opposite direction.’ Robin Griffiths (1943-)
The News:
State of emergency declared in Bangkok as anti-government protests turn bloody.
The Numbers:
British Summer Time, with expectations and previous figures in brackets.
From today GB August HBOS House Prices (versus –1.7% M/M and –8.8% Y/Y July.
00:50 JP August Monetary Base –0.2% Y/Y versus –0.7% July. PM Fukuda resigns, the second to do so in a year.
03:00 JP Bank of Japan governor Shirakawa speaks, Nagoya. Says needed global slowdown hard to avoid.
04:45 JP auction result of ten-year JGB: coupon 1.50%; average yield 1.485%; stop 1.489%; bid-to-cover 2.66.
05:30 AU Reserve Bank of Australia interest rate decision: –25 basis points to 7.00%.
06:45 CH August CPI –0.3% M/M, +2.9% Y/Y, versus –0.4% and +3.1% July.
06:45 CH Q2 GDP +0.4% Q/Q, +2.3% Y/Y, versus +0.3% and +3.0% Q1.
09:00 DE ECB’s Weber presents a study on banking and the financial crisis.
09:30 GB August Construction PMI (35.0 to 36.2 versus 36.7July). 10:00 auction result of conventional 2049 Gilt.
10:00 EZ15 July PPI (+0.3% to +1.9% M/M, +7.4% to +9.8% Y/Y, versus +0.9% and +8.0% June).
15:00 US August Manufacturing ISM (48.5 to 52.0, Prices Paid 70 to 88, versus 50.0 and 82 July).
15:00 US July Construction Spending (-0.9% to +1.1% versus –0.4% June).
17:30 US Fed’s Rosengren speaks on the economy, New Hampshire.
19:00 US September Fed Beige Book.
The Psychology:
UK government to unveil a package today to prop up the housing market.
The Risk:
South Korea warns on betting against the won after biggest capital flight in a decade.
Today’s most interesting chart: US Dollar Index
Upward-sloping ‘wedge’ formation.
Published on Tue, Sep 2 2008, 06:34 GMT
Archive
- It will eliminate 9,200 jobs at Washington Mutual, over 21% of workforce
Published On Tue, Dec 2 2008, 07:26 GMT - Rumours the Bank of Japan will hold an emergency meeting this week
Published On Mon, Dec 1 2008, 07:29 GMT - Thai Prime Minister declares a state of emergency as another explosion hits Mumbai
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
| 1-3-3, Marunouchi, Chiyoda-ku, Tokyo 100-8210
http://www.mizuho-cb.co.uk | Nicole.Elliot@mhcb.co.uk
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