Search
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
- 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
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
Daily Forex Technical Report by ActionForex.com
Tue, Dec 2 2008, 15:26 GMT
Insights Market Outlook - Monetizing the Debt by Merk Hard Currency Fund
Tue, Dec 2 2008, 13:39 GMT
London Gold Market Report by BullionVault.com
Tue, Dec 2 2008, 12:34 GMT
Special Commentary by Wachovia
Tue, Dec 2 2008, 10:40 GMT
Daily Forex News - Forex - Higher yielding currencies sink on expectation Central banks rate cuts by ACM - Advanced Currency Markets
Tue, Dec 2 2008, 10:27 GMT
Related content
UPDATE 1-S.Korea Nov FX reserves at 4-yr low
Thomson Financial News | Wed, Dec 3 2008, 03:12 GMT
TABLE-Sri Lanka key economic indicators - Dec 3
Thomson Financial News | Wed, Dec 3 2008, 02:36 GMT
Commonwealth, Westpac seen raising up to A$3.5 bln
Thomson Financial News | Wed, Dec 3 2008, 02:09 GMT
UPDATE 1-Australia economic growth slowest in eight years
Thomson Financial News | Wed, Dec 3 2008, 01:58 GMT
Thailand Data Watch-BoT rate review/foreign reserves
Thomson Financial News | Wed, Dec 3 2008, 01:51 GMT
Interested in forex trading? forex brokerage firms!
FXstreet.com will give you a 3 months membership as soon as minimum rebates have been generated (€150 for private trader/ €300 for corporate trader)
[Read Premium full description]
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.
©2008 "FXstreet.com. The Forex Market" All Rights Reserved.