by Bryan Rich on April 30, 2009
in General
Key News
*Stocks Rise Worldwide, Pushing S&P 500 to Best Month Since 1991 (Bloomberg)
* Trichet Calls for Silence as ECB Council Bickers Over New Tools (Bloomberg)
*Chrysler Will File for Bankruptcy, Official Says (Update2) (Bloomberg)
*Bank of Japan slashes forecasts (Financial Times)
The Event Agenda
The Morning Run-Down
Yesterday’s joy-ride in risk assets continued the paradox of data versus optimism. GDP [...]
by Bryan Rich on April 28, 2009
in General
Key News
*Home Prices in 20 U.S. Cities Declined by 18.6% in February (Bloomberg)
* New Zealand May Cut Interest Rate to Record-Low 2.5% (Bloomberg)
*Citigroup, Bank of America Decline on Capital Report (Bloomberg)
*Oil, Metals, Grains Drop on Outlook for Demand After Swine Flu (Bloomberg)
The Event Agenda
The Morning Run-Down
Though markets this morning are giving back some of the [...]
by Bryan Rich on April 22, 2009
in General
Key News
*UK Deficit Largest Since WWII; Unemployment Reaches 12-Year High (Bloomberg)
* Deflation bites UK as RPI goes negative (FT)
*Soaring US Budget Deficit Will Mean Billions in Bond Sales (Bloomberg)
*China’s Economy May Expand Faster Than Expected on Stimulus (Bloomberg)
The Event Agenda
The Morning Run-Down
As the New York session begins the markets are reflecting more of the risk [...]
by Bryan Rich on April 20, 2009
in General
Key News
*German Recession Deepened in First Quarter, Bundesbank Says (Bloomberg)
* Emerging-Market Stocks, bonds Fall on Oil, Deepening Recession
(Bloomberg)
* Roth Says SNB to Buy Currencies as Long as Needed (Bloomberg)
*Euro falls vs dollar, yen on ECB uncertainty (Reuters)
The Event Agenda
The Morning Run-Down
Risk aversion is back on track this morning and it appears that the short term [...]
by Bryan Rich on April 16, 2009
in General
Key News
*Geithner Refrains From Labeling China a Manipulator (Bloomberg)
* China’s Economy Grows 6.1%; Slowest Pace in Almost a Decade
(Bloomberg)
* Industrial production plunge weighs down single currency (MarketWatch)
*JP Morgan beat profit estimates on record revenue (Bloomberg)
*Euro falls on bets ECB division to undermine economic recovery (Bloomberg)
The Morning Run-Down
China reported slower growth overnight. At 6.1% its economy [...]
by Bryan Rich on April 14, 2009
in General