Start the Day
0
0
UK's Gordon Brown ‘impressed' by Irish government's plan to back all deposits and bank bonds
Wed, Oct 1 2008, 06:53 GMT
by Nicole Elliott
Quote:
‘If there was a reincarnation, I want to come back as the bond market. You can intimidate everybody.’ James Carville (1944-)
The News:
UK’s Gordon Brown ‘impressed’ by Irish government’s plan to back all deposits and bank bonds.
The Numbers:
British Summer Time, with expectations and previous figures in brackets. France’s finance minister Lagarde says French banking system ‘solid’ as it has a different business model.
00:50 JP Q3 Tankan: Large Manufacturers -3, Outlook -4; Non-Manufacturing 1, Outlook -1; All Industry Capex 1.7%; versus 5/4/10/8/2.4% Q2.
02:30 JP August Labour Cash Earnings –0.3% Y/Y, Overtime –1.8% Y/Y, versus +0.3% and +1.1% July.
07:00 DE August Retail Sales +3.1% M/M, -3.0% Y/Y, versus revised –1.0% and +0.6% July.
08:30 CH September PMI (50 to 53 versus 52.5 August).
09:30 GB September Manufacturing PMI (43.4 to 46.3 versus 45.9 August).
09:30 GB July Index of Services (-0.1% to +0.3% 3M/M versus +0.2% June).
10:00 EZ15 August Unemployment (7.3% to 7.4% versus 7.3% July).
11:00 EU’s McCreevy news conference on changes to banks’ capital rules, Brussels.
12:30 US September Challenger Job Cuts (versus +11.7% Y/Y August).
13:15 US September ADP Employment Change (-135K to –20K versus –33K August).
13:30 CA August Raw Material Prices (-0.8% to +0.5%, PPI -1.0% to +0.2%, vs +1.4% and +0.4% July).
15:00 US September Manufacturing ISM (48 to 51, Prices Paid 70 to 75, versus 49.9 and 77 August).
The Psychology:
Holidays in Bahrain, China, Egypt, Hong Kong, Indonesia, Kuwait, Malaysia, Oman, Pakistan, Qatar, Saudi Arabia, Singapore, Turkey and United Arab Emirates until Friday; South Korea Friday only.
The Risk:
US SEC says hard-to-value assets need not be marked-to-market.
Today’s most interesting chart: Iceland crown
Ratings’ agencies downgrade on bank failure.
Published on Wed, Oct 1 2008, 06:58 GMT
Archive
- US regulators close seven banks yesterday, six in Illinois, bringing total to 52 so far this year
Published On Fri, Jul 3 2009, 06:40 GMT - US June vehicle sales –28% to 9.69 million units, Domestic 7.2M
Published On Thu, Jul 2 2009, 06:30 GMT - A very slow recovery means rates could stay close to zero for years
Published On Wed, Jul 1 2009, 06:40 GMT - Fannie Mae's seriously delinquent mortgages 3.42% vs 1.22% year ago on total $789B portfolio
Published On Tue, Jun 30 2009, 06:22 GMT - The country is not spiralling in to deflation
Published On Mon, Jun 29 2009, 06:41 GMT
Mizuho Corporate Bank
| 1-3-3, Marunouchi, Chiyoda-ku, Tokyo 100-8210
http://www.mizuho-cb.co.uk | Nicole.Elliot@mhcb.co.uk
Legal disclaimer and risk disclosure
The information contained in this page is based on or derived from information generally available to the public from sources believed to be reliable. No representation or warranty is made or implied that it is accurate or complete. Any opinions expressed in this paper are subject to change without notice. This page has been prepared solely for information purposes and if so decided, for private circulation and does not constitute any solicitation to buy or sell any instrument, or to engage in any trading strategy.Related reports
Weekly Focus - Is it strong enough? by Danske Bank A/S
Fri, Jul 3 2009, 15:00 GMT
Weekly Market Commentary - Libor and Official Interest rates are at their narrowest by Mizuho Corporate Bank
Fri, Jul 3 2009, 14:33 GMT
Your Summer Housing Market Update by Money and Markets
Fri, Jul 3 2009, 12:39 GMT
Friday Notes - W-shaped recovery increasingly probable by UniCredit Group
Fri, Jul 3 2009, 12:08 GMT
Asia Market Update - Most Asian equities indices track the US session declines as nonfarm payrolls data disappoints by TradeTheNews.com
Fri, Jul 3 2009, 11:55 GMT
Related content
2nd UPDATE: UK Service Sector Grows, End Of Recession Nears
Dow Jones | Fri, Jul 3 2009, 10:15 GMT
UPDATE: UK Service Sector Grows, But Slows In June
Dow Jones | Fri, Jul 3 2009, 09:43 GMT
CORRECT: DATA SNAP:Euro-Zone Jun Output Decline Slows Further
Dow Jones | Fri, Jul 3 2009, 09:39 GMT
UPDATE: Euro-Zone Output Decline Slows Further In June
Dow Jones | Fri, Jul 3 2009, 09:30 GMT
Euro Zone May Retail Sales fall 0.4% MoM and 3.3% YoY
FXstreet.com | Fri, Jul 3 2009, 09:06 GMT
Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.