Quote:
‘Those dry Martinis did the work for me;
Last night at twelve I felt immense,
Today I feel like thirty cents.
My eyes are bleared, my coppers hot,
I’ll try to eat, but I cannot.
It is no time for mirth and laughter,
The cold, gray dawn of the morning after.’ George Ade (1866-1944)
The News:
President Sarkozy’s party wins just 36% of the vote in local elections; he takes the blame. PM Fillon offers to resign.
The Numbers:
Greenwich Mean Time, with expectations and previous figures in brackets.
07:00 DE February German Finance Ministry Monthly Report.
08:00 EU27 EU Foreign Ministers meeting, Brussels.
15:00 EZ16 March Consumer Confidence (-18 to –17 versus –17.4 February).
15:30 EU27 ECB’s Trichet speaks at the Committee on Economic and Monetary Affairs, Brussels.
19:45 US Fed’s Lockhart speaks on the economic outlook, Florida.
20:30 US Treasury’s Geithner speaks on financial reform at the American Enterprise Institute, Washington.
The Psychology:
Vernal Equinox in Japan and South Africa Human Rights Day holidays today.
The Risk:
Rio Tinto employees’ trial starts in Shanghai.
Today’s most interesting chart: GBP/CAD
Close to 1.4575 record low of February 1985.
