technical analysis will be away until wednesday 8th april
Quote:
‘Oh, the shark has pretty teeth, dear –
And he shows them pearly white –
Just a jack-knife has Macheath, dear –
And he keeps it out of sight.’ Bertolt Brecht (1898-1956)
The News:
Leaked draft that EU leaders decide not to add to existing economic stimulus packages.
The Numbers:
Greenwich Mean Time, with expectations and previous figures in brackets.
07:00 DE February PPI –0.5% M/M, +0.9% Y/Y, versus –1.2% and +2.0% January.
08:30 EU27 EU leaders continue on the second day of their meeting in Brussels.
09:00 US Fed’s Bullard speaks on monetary policy, Banque de France, Paris.
10:00 EZ16 January Industrial Production (-0.8% to –6.2% M/M, -17.3% and –12.3% Y/Y, vs –2.6% and –12.0%).
11:00 GB March CBI Industrial Trends (-65 to –46 versus –56 February).
12:30 CA January Retail Sales (-2.5% to +2.1% M/M, Less-Autos –3.0% to +1.5%, versus –5.4% and –3.2% Dec).
12:30 CA January Vehicle Sales (+0.6% to +6.0% M/M versus –14.8% December).
13:00 DE ECB’s Weber speaks on the financial crisis, Berlin.
16:00 US Fed’s Bernanke, and FDIC’s Bair, speak on the financial crisis, Phoenix.
23:30 ME ECB’s Trichet speaks on the financial crisis and commodity prices, Mexico City.
The Psychology:
Vernal Equinox holiday in Japan today. Fifth anniversary of the start of this Iraq war.
The Risk:
Technical Analysis will be away until Wednesday 8th April.
Today’s most interesting chart: Swedish krona
Biggest gainer so far this month (12.5%).
