Fri, Oct 30 2009, 07:37 GMT
by Nicole Elliott
‘I would rather start out somewhere small, like London or England.’ Britney Spears (1981-)
Bank of Japan votes to end ultra-cheap money to banks in March; forecasts 3 years of deflation.
Greenwich Mean Time, with expectations and previous figures in brackets.
(23:30) JP September Jobless 5.3%, Job-to-Applicant 0.43, versus 5.5% and 0.42 August.
(23:30) JP September Household Spending +1.0% Y/Y versus +2.6% August.
(23:30) JP October Tokyo CPI –2.4% Y/Y, Ex-Fresh Food –2.2%, versus revised –2.1% and –2.1% September.
(23:30) JP September National CPI –2.2% Y/Y, Ex-Fresh Food –2.3%, versus –2.2% and –2.4% August.
00:01 GB October GfK Consumer Confidence –13 versus –16 September.
05:00 JP September Housing Starts 699K and –37.0%, Construction Orders 14.0%, vs 676K,–38.3% and –25.2% Aug.
07:00 DE September Retail Sales –1.5% M/M, -3.9% Y/Y, versus revised –1.8% and –2.9% August.
07:00 GB October Nationwide House Prices +0.4% M/M, +2.0% Y/Y, versus +0.9% and 0% September.
10:00 EZ16 October CPI (0% to –0.3% Y/Y versus –0.3% September). 10:30 CH Oct KOF (0.9 to 1.4 vs 0.85 Sep).
10:00 EZ16 September Unemployment (9.6% to 9.8% versus 9.6% August).
12:30 US September Personal Income (-0.2% to +0.2%, Spending –0.8% to –0.1%, vs +0.2% and +1.3% August).
12:30 US September Core PCE (+0.1% to +0.2% M/M, +1.2% to +1.4% Y/Y, versus +0.1% and +1.3% August).
12:30 US Q3 Employment Cost Index (+0.3% to +0.6% versus +0.4% Q2). CA August GDP (-0.3% to +0.5% vs 0%).
13:45 US October Chicago Purchasing Managers (47 to 52.5 versus 46.1 September).
14:00 US final October University of Michigan Confidence Survey (68 to 74 versus 69.4).
German police arrest founder of K1 Group suspected of embezzling millions from global banks.
Markets looking for direction.
Thrashing around at 50% retracement and ‘cloud’.
Published on Fri, Oct 30 2009, 07:44 GMT
Mizuho Corporate Bank
| 1-3-3, Marunouchi, Chiyoda-ku, Tokyo 100-8210
http://www.mizuho-cb.co.uk | Nicole.Elliot@mhcb.co.uk
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