Past events: • GBP Claimant Count Change out at 23.5K versus expected -14.6K, previous -9.6K• USD Building Permits out at 0.62M versus expected 0.63M, prior 0.65M• JPY Overnight Call Rate out at 0.1% versus expected 0.1%, prior...
Market Notes: The TIC Flows report yesterday showed that China sold off enough US debt in December to let Japan become the new number one holder of US debt.
The Summit of the European leaders, does not stop Euro’s Avalanche Past sessions · USD Unemployment Claims out at 440K, versus expected 460K and prior 483K· CHF CPI m/m out at -.01% versus expected -0.4%, and prior...
Past events • USD Trade Balance out at -40.2B versus expected -35.8B, prior -36.4B• CAD Trade Balance out at -0.2B versus expected -0.1B, versus prior 0.2B• AUD Employment Change out at 52.7K, versus expected 15.1K and prior...
Market Notes: Germany is considering loan guarantees for Greece and other troubled EMU members to prevent contagion to banks and other countries. However no decision has been made yet. The related discussion will be held behind closed...
Market Notes: After ECB Chief Trichet surprising leaving a central bank conference in Australia early to attend and ECB meeting, the rumors on the forex market imply that the ECB will assist the Greece’s debt situation. The...
Past Sessions • CAD Housing Starts – out at 186K versus expected 180K, prior 176K• GBP BRC Retail Sales Monitor y/y out at -0.7% versus prior 4.2%• GBP RICS House Price Balance out at 32% versus expected...
Market Notes: Friday’s U.S. Non-Farm Employment Change published at -20K – which is close to what we’ve expected (close to zero). Next month data we’ll expect to be positive. However, the unemployment rate showed a decrease from...
Past Sessions • USD Change in Non-Farm Payroll -20K versus expected 10K, prior -150K• USD Unemployment rate out 9.7% versus expected 10%, and prior 10%• CAD Employment Change out at 43K versus expected 15.2K, prior -2.6K• CAD...
Past events· EUR Minimum Bid Rate out at 1.0%, versus expected 1.0%, prior 1.0%· GBP Official Bank rate out at 0.5%, versus expected 0.5%, prior 0.5%· GBP Asset Purchase facility out at 200B, versus expected 200B, prior...
