Start the Day
2
0
US big three car makers told to come back with detailed rescue plans in ten days' time
Fri, Nov 21 2008, 07:34 GMT
by Nicole Elliott
Quote:
‘Who can I tear to pieces if not my friends? If they were not my friends, I could not do such violence to them.’ Francis Bacon (1909-1992)
The News:
US big three car makers told to come back with detailed rescue plans in ten days’ time.
The Numbers:
Greenwich Mean Time, with expectations and previous figures in brackets.
06:00 JP Bank of Japan Monthly Report and interest rate decision: unchanged at 0.30%.
08:30 DE November Manufacturing PMI (40 to 44, Services 46.8 to 48.5, versus 42.9 and 48.3 October).
09:00 EZ15 November Manufacturing PMI (38 to 42, Services 42 to 46, versus 41.1 and 45.8 October).
10:30 DE ECB’s Weber speaks in Frankfurt; Trichet at 13:00.
12:00 CA October CPI (-1.0% to –0.1% M/M, +2.6% to +3.5% Y/Y, vs +0.1% and +3.4% September).
12:00 CA October Core CPI (-2.0% to –0.2% M/M, +1.7% to +2.1% Y/Y, versus +0.4% and +1.7% September).
13:15 US Fed’s Lacker speaks on financial conditions, Maryland. Plosser in Philadelphia ay 17:15.
16:00 FR President Sarkozy meets Zoellick of the World Bank in Paris.
The Psychology:
Labour Thanksgiving holiday in Japan today; Oman, UAE and US on Thursday.
The Risk:
Volatility remains too high to trade several instruments.
Today’s most interesting chart: Benchmark US 30-year TBond yield
Massive swings at an all-time low yield/high price. Note that US 3-month TBills yield 1 basis point!
Published on Fri, Nov 21 2008, 07:38 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
KBC News Picks - US: ADP report points to a 700 000 decline in payrolls by KBC Bank
Thu, Jan 8 2009, 08:21 GMT
Central European Daily - Successful Polish 2-year auction by KBC Bank
Thu, Jan 8 2009, 08:19 GMT
Related content
WRAPUP 1-EU seeks gas supply return after deal on monitors
Thomson Financial News | Thu, Jan 8 2009, 23:22 GMT
WRAPUP 5-Wal-Mart, other US retailers warn after dismal holiday
Thomson Financial News | Thu, Jan 8 2009, 23:18 GMT
WRAPUP 5-Wal-Mart, other US retailers warn after dismal holiday
Thomson Financial News | Thu, Jan 8 2009, 23:17 GMT
UPDATE 1-Hoenig; Fed needs plan to withdraw liquidity
Thomson Financial News | Thu, Jan 8 2009, 23:14 GMT
UPDATE 2-US FDA backs Merck, Schering-Plough's Vytorin
Thomson Financial News | Thu, Jan 8 2009, 23:10 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.