Start the Day
5
0
Violent street protests in Colombia as slum dwellers loose their savings in pyramid schemes
Thu, Nov 13 2008, 07:21 GMT
by Nicole Elliott
Quote:
‘Distrust any event that requires new clothes.’ Philip Larkin (1922-1985)
The News:
Violent street protests in Colombia as slum dwellers loose their savings in pyramid schemes.
The Numbers:
Greenwich Mean Time, with expectations and previous figures in brackets.
(23:50) JP October Domestic CGPI –1.6% M/M, +4.8% Y/Y, versus revised –0.6% and +6.8% September.
04:00 JP October Tokyo Condominium Sales –26.0% Y/Y versus –53.3% September.
07:00 DE Q3 GDP –0.5% Q/Q, +0.8% Y/Y, versus revised –0.4% and +1.9% Q2.
08:15 CH October PPI (-0.9% to –0.2% M/M, +2.5% to +3.2% Y/Y, versus –0.5% and +3.7% September).
09:00 EZ15 ECB Monthly Bulletin.
10:00 CH November ZEW Index (-102 to –80 versus –91.1 October).
13:00 ECB’s Weber, Papademos, and Tumpel-Gugerell speak at 5th ECB Central Banking Conference, Frankfurt.
13:30 US Weekly Jobless Claims (465K to 500K, Continuing Claims 3700K to 3900K, vs 481K and 3843K prior week).
13:30 US September Trade Balance (-$59B to -$53B versus -$59.1B August).
13:30 CA September Trade Balance (+C$1.2B to +C$5.5B versus +C$5.8B August).
17:00 US Fed’s Plosser speaks on the economy, Philadelphia, Stern at 19:00 Winona University, Minnesota.
18:55 US President Bush comments on financial markets and G20 finance ministers meet ahead of leaders’ summit Sat.
19:00 US October Monthly Budget Statement (-$232B to -$80B versus -$56.8B September).
The Psychology:
Hedge fund managers have to explain their businesses to US authorities.
The Risk:
Treasury auctions in Italy, UK and US (30-year TBond).
Today’s most interesting chart: Australian S&P/ASX 200 Index
Lower than October’s low.
Published on Thu, Nov 13 2008, 07:32 GMT
Archive
- Israeli artillery fires into Lebanon in response to rocket attacks from there
Published On Thu, Jan 8 2009, 07:29 GMT - Treasury auctions in Germany, UK and US
Published On Wed, Jan 7 2009, 07:18 GMT - Toyota will close plants 11 days in February and March
Published On Tue, Jan 6 2009, 07:37 GMT - EU leaders meet to discuss Russia/Ukraine gas dispute which starts to affect them
Published On Mon, Jan 5 2009, 10:16 GMT - Volume of toxic assets in Germany may be up to $800B, one third of GDP
Published On Mon, Dec 22 2008, 07:29 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
Why Non-Farm Payrolls Could Rebound in December by GFT (Global Forex Trading)
Thu, Jan 8 2009, 17:27 GMT
Daily Forex News - Forex - Dollar reversed gains early week gains after weaker ADP report by ACM - Advanced Currency Markets
Thu, Jan 8 2009, 10:54 GMT
Daily Analysis - The British pound may rise above 1.55 says Citigroup by Finotec Group Inc.
Thu, Jan 8 2009, 09:47 GMT
Central European Daily - Successful Polish 2-year auction by KBC Bank
Thu, Jan 8 2009, 08:19 GMT
Daily Forex Overview by Dukascopy Swiss FX Group
Thu, Jan 8 2009, 08:15 GMT
Related content
Japan forex reserves $1.031 trln at end-December
Thomson Financial News | Fri, Jan 9 2009, 00:08 GMT
UPDATE 1-U.S. consumer credit posts record drop in November
Thomson Financial News | Thu, Jan 8 2009, 20:33 GMT
U.S. consumer credit posts record drop in November
Thomson Financial News | Thu, Jan 8 2009, 20:15 GMT
US ECON: November Consumer Credit Falls By Record $7.94 Bln
Thomson Financial News | Thu, Jan 8 2009, 20:15 GMT
US Consumer Credit Falls By Greatest-Ever Amount In Nov
Dow Jones | Thu, Jan 8 2009, 20:15 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.