by Bryan Rich on August 31, 2009
in General
Key News
* India’s Growth Accelerates for First Time Since 2007 (Bloomberg)
* German First-Half Rail Cargo Traffic Declines Most on Record (Bloomberg)
* Japan DPJ Election Win Brings ‘Bloodless Revolution’ (Bloomberg)
* Canada to Sell Debt as Spreads Fall to Lowest in Year (Bloomberg)
*China’s Stocks Slump Most Since June 2008, Cap Monthly Loss (Bloomberg)
The Event Agenda
The Morning Run-Down
Chinese [...]
by Bryan Rich on August 25, 2009
in General
Key News
* Bernanke Is Nominated for Second Term as Fed Chief (Bloomberg)
* Government Spending Lifted Germany Out of Recession (Bloomberg)
* Home Prices in 20 U.S. Cities Fall Less Than Forecast (Bloomberg)
* Swine-Flu Report Details Number of Potential Cases (WSJ)
The Event Agenda
The Morning Run-Down
The general consensus following the Kansas City Fed symposium in Jackson Hole was [...]
by Bryan Rich on August 21, 2009
in General
Key News
* Existing Home Sales in U.S. Jump to Two-Year High (Bloomberg)
* Trichet Says Global Recovery Talk Makes Him ‘Uneasy’ (Bloomberg)
* China Said to Plan Rules Tightening Capital of Banks (Bloomberg)
* Bernanke Says Global Economy Emerging From Recession (Bloomberg)
The Event Agenda
The Afternoon Run-Down
The currency markets had plenty of news to digest today and, in the [...]
by Bryan Rich on August 17, 2009
in General
Key News
* Pound Drops as Home Sellers Lower Asking Prices Most This Year
(Bloomberg)
* Nikkei 225 Declines Most Since March on GDP, U.S. Confidence (Bloomberg)
* China Buys Treasuries, Proving Dollar Demise Overdone (Bloomberg)
* New York Factories Expand for First Times Since 2008 (Bloomberg)
The Event Agenda
The Morning Run-Down
Today the VIX (stock market implied volatility) has spiked 16% [...]
by Bryan Rich on August 11, 2009
in General
Key News
* Ruble Falls in Longest Slump Since February on Record GDP Drop
(Bloomberg)
* Brazil’s Real Drops to Lowest in August as China’s Loans Fall
(Bloomberg)
* BOJ’s Shirakawa Says Japan Recovery Likely to Be Weak
(Bloomberg)
* U.K. Trade Gap Unexpectedly Widens as Global Recession Persists
(Bloomberg)
The Event Agenda
The Morning Run-Down
The dollar continues to move higher today, except [...]
by Bryan Rich on August 10, 2009
in General
Key News
* Ruble Slumps on Devaluation Fears (WSJ)
* U.S. Economy: Payroll Losses, Sllow, Unemployment Rate Declines
(Bloomberg)
* Treasuries Fall Most in Week Since 2003 as U.S. Job Cuts Slow
(Bloomberg)
* Baltic Dry Index Has Worst Week Since October as Demand Slows
(Bloomberg)
The Event Agenda
The Afternoon Run-Down
The jobs data on Friday beat expectations. And the recovery theme received a super charge. [...]
by Bryan Rich on August 3, 2009
in General
Key News
* Euro gains on positive manufacturing data (AFP)
* Greenspan Says US Growth of 2.5% Is Possible in Third Quarter (Bloomberg)
* Tight credit could limit eurozone growth: analysts (AFP)
* Russian manufacturing industry shrank at slowest pace since September
(Bloomberg)
The Event Agenda
The Morning Run-Down
Better than expected manufacturing data in the Eurozone, China and the U.S. this morning [...]