Start the Day

1

0
US regulators close seven banks yesterday, six in Illinois, bringing total to 52 so far this year
Fri, Jul 3 2009, 06:40 GMT
by Nicole Elliott
Mizuho Corporate Bank
Quote:
‘When there’s no future
How can there be sin
We’re the flowers in the dustbin
We’re the poison in your human machine
We’re the future
Your future
God save the Queen.’ The S*x Pistols
The News:
US regulators close seven banks yesterday, six in Illinois, bringing total to 52 so far this year.
The Numbers:
British Summer Time, with expectations and previous figures in brackets.
08:15 CH June CPI (-0.2% to +0.3% M/M, -1.3% to –0.8% Y/Y, versus +0.2% and –1.0% May).
09:30 GB June Services PMI (49 to 53 versus 51.7 May).
09:30 GB Bank of England’s Q1 Housing Equity Withdrawl (-£10B to -£7B versus -£8B Q4).
10:00 EZ16 May Retail Sales (-0.5% to +0.2% M/M, -3.8% to –2.5% Y/Y, versus +0.2% and –2.3% April).
The Psychology:
US Independence Day holiday.
The Risk:
Top-heavy equity indices break below recent lows.
Today’s most interesting chart: Euribor interest rate future
New record high.

Published on
Fri, Jul 3 2009, 06:54 GMT
Archive
- US Major Nidal Malik Hasan shoots dead 12 and wounds 31 at largest army base, Texas
Published On Fri, Nov 6 2009, 07:31 GMT
- General Motors to axe 10,000 European jobs
Published On Thu, Nov 5 2009, 07:19 GMT
- Taxpayers vote against US Democrats in state elections
Published On Wed, Nov 4 2009, 07:31 GMT
- Reserve Bank of India buys 200 tonnes of gold for $6.8B from the IMF
Published On Tue, Nov 3 2009, 07:34 GMT
- CIT Group Inc. files for Chapter 11 protection
Published On Mon, Nov 2 2009, 07:47 GMT
[ View All ]
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 Market Commentary - Fed, BOE and ECB kept rates on hold by Mizuho Corporate Bank
Fri, Nov 6 2009, 15:45 GMT
Czech: CNB stays on hold despite dovish signal from its new forecast by KBC Bank
Fri, Nov 6 2009, 11:08 GMT
Market Session Recaps - London Session by FOREX.com
Fri, Nov 6 2009, 11:03 GMT
Technical analysis: EuroDollar Futures - Eurodollar Future – March 2010 by Mizuho Corporate Bank
Fri, Nov 6 2009, 09:08 GMT
Daily FX Market Commentary - Little movement in EUR/USD and USD/JPY by Danske Bank A/S
Fri, Nov 6 2009, 08:14 GMT
interestrate, techbanks
View All
Related content
ECB keeps its Refi Rate unchanged at 1.0%; EUR/USD holds above 1.4870
FXstreet.com | Thu, Nov 5 2009, 12:47 GMT
Czech Ctrl Bk Leaves Interest Rates Unchanged As Expected
Dow Jones | Thu, Nov 5 2009, 12:15 GMT
Bank Of England Raises Bond-Buying Program To GBP200B
Dow Jones | Thu, Nov 5 2009, 12:05 GMT
CURRENCIES: Dollar Dips Further As Fed Commits To Low Rates
Dow Jones | Wed, Nov 4 2009, 20:57 GMT
Forex: Dollar rises against the Yen after the FOMC decided to leave rates unchanged
FXstreet.com | Wed, Nov 4 2009, 19:33 GMT
interestrate, techbanks
View All
Trade Setups » Aug 6th ‘09 | GBP and EURO Interest rates & US NFP Tomorrow
Thu, Aug 6 2009, 10:14 GMT
FX Market Readings » Expected market moves for BOE interest rate announcement time
Fri, Jul 10 2009, 01:30 GMT
Forex Trading Today » RBA Holds The Cash Rate As Price Remains Rangebound
Tue, Jul 7 2009, 07:16 GMT
Forex Trading Today » It’s Hot Here, so Let’s Go for a Surf!
Mon, Jun 29 2009, 01:34 GMT
FX Market Readings » Moves expected before and after FOMC rate release time
Wed, Jun 24 2009, 23:29 GMT
interestrate, techbanks
View All
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our
user agreement. Please read our
privacy policy and legal disclaimer.
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.