Start the Day
1
0
Thai protesters lift airport siege with an official ‘handing over' ceremony, singing the king's anthem
Wed, Dec 3 2008, 07:20 GMT
by Nicole Elliott
Quote:
‘Raw capitalism is a dead end.’ Hank Paulson (1946-)
The News:
Thai protesters lift airport siege with an official ‘handing over’ ceremony, singing the king’s anthem.
The Numbers:
Greenwich Mean Time, with expectations and previous figures in brackets.
00:01 GB November Nationwide Consumer Confidence 50 versus 55 October.
07:00 EU NATO foreign ministers meet, Brussels.
09:30 GB November Services PMI (39.8 to 42.5 versus 42.4 October).
10:00 EZ15 October Retail Sales (-1.0% to +1.0% M/M, -2.5% to 0% Y/Y, versus –0.2% and –1.6% September).
10:30 GB November BRC Shop Price Index.
12:30 US November Challenger Job Cuts (versus 78.9% October).
13:15 US November ADP Employment Change (-350K to –169K versus October).
13:30 US final Q3 Unit Labour Costs (+3.0% to +3.9%, Non-Farm Productivity +0.7% to +1.5%, vs +3.6%/+1.1%).
15:00 US November Non-Manufacturing ISM (37 to 46.5 versus 44.4 October).
15:15 US Fed’s Kroszner speaks on the mortgage crisis, Washington. Lacker at 17:30.
19:00 US Fed’s Beige Book.
23:50 JP Q3 Capital Spending (-13.7% to –8.5%, Ex-Software –12.0% to –7.9%, versus –6.5% and –7.6% Q2).
The Psychology:
Bank of England starts a two-day MPC meeting (most expect –50 bp, several –100 vs 3.25%).
The Risk:
Stock markets and Yen crosses test the bottom of recent consolidation ranges.
Today’s most interesting chart: UK benchmark 10-year yield
Collapsing to lowest since mid-1950’s despite government plans to double Gilt issuance.
Published on Wed, Dec 3 2008, 07:24 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
Daily Market Outlook by AceTrader
Fri, Jan 9 2009, 00:20 GMT
European and US summary - USD Slumps Ahead of Payrolls by Forexnews.com
Thu, Jan 8 2009, 22:49 GMT
Why Non-Farm Payrolls Could Rebound in December by GFT (Global Forex Trading)
Thu, Jan 8 2009, 17:27 GMT
Daily Market Report - The Bank of England cut rates today by 50 basis points, to 1.50% by Wachovia
Thu, Jan 8 2009, 13:10 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
Related content
CORRECTED-Oakland, Calif. firms close early after Wed. riot
Thomson Financial News | Fri, Jan 9 2009, 00:46 GMT
Fed's Rosengren says recession more severe than thought
Thomson Financial News | Fri, Jan 9 2009, 00:31 GMT
US FED: Rosengren Supports Expanded FHA Mortgage Lending
Thomson Financial News | Fri, Jan 9 2009, 00:31 GMT
Delaware regulators concerned about Exelon-NRG deal
Thomson Financial News | Fri, Jan 9 2009, 00:26 GMT
Japan forex reserves $1.031 trln at end-December
Thomson Financial News | Fri, Jan 9 2009, 00:08 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.