General

Key News
* Best Currency Forecasters Say Dollar Slump Coming to an End (Bloomberg)
* EU Stress Test Data May Cause Market Instability (Bloomberg)
* Dutch FinMin: Greek Selective Default Not Ruled Out (iMarketNews)
* China’s Wen Says Inflation Top Priority; Will Watch Growth (iMarketNews)

The Event Agenda

Afternoon Run-Down
As the global markets shifted toward the European time zone this morning, [...]

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Key News
* Papandreou Confidence Vote May Decide Fate of Greece (Bloomberg)
* Reserve Bank Weighs Europe Debt in Holding Rates (Bloomberg)
* Fitch: would cut Greece to default on any voluntary debt rollover (Reuters)
* Why Germany must exit the euro (Telegraph)

The Event Agenda

Afternoon Run-Down
The euro zone crisis faces another stiff test later today, a vote of confidence [...]

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June 8, 2011
Key News
* European Central Bank risks being ‘wiped out’ by bail-outs (Telegraph)
* China official says U.S. could pursue weak dollar policy (Reuters)
* Limited default might clear way for Greek bond swap (Reuters)
* Fitch Warns U.S. on Debt Ceiling (WSJ)

The Event Agenda

Afternoon Run-Down
The broad dollar weakness of recent days began reversing today. Yesterday, Fed [...]

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Key News
* EU Rehn: Voluntary Extension Of Greek Debt Maturities Possible (iMarketNews)
* U.K. Inflation Accelerates, Fastest Pace Since 2008 (Bloomberg)
* As Debt Limit Reached, Agreement Still Far Off (WSJ)
* Aussie Dollar flounders as traders try to decipher RBA tea leaves (Sydney Herald)
The Event Agenda

Afternoon Run-Down
The dollar is in the third week of its bounce. The [...]

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Key News
* Greece’s Budget Deficit Wider Than Expected (WSJ)
* ADB: Food, Oil Could Hurt Asia Growth (WSJ)
* Geithner Says U.S. Won’t Pursue Strategy to Weaken Dollar (Bloomberg)
* PBOC Plans Forex-Reserve Investment Funds (WSJ)
The Event Agenda

Afternoon Run-Down
The dollar is sitting on lows going into one of the most anticipated Fed meetings in history. Tomorrow we’ll get [...]

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Key News
* China Banks to Need $131 Billion in Equity Over Six Years (Bloomberg)
* US lacks credibility on debt, says IMF (FT.com)
* BRICs to Seek End to U.S., Western Europe Monopoly of World Bank, IMF (Bloomberg)
* Spain: China Mulling €9.3 Billion Cajas Investment (WSJ)
The Event Agenda

Afternoon Run-Down
This week there continues to be a focus on [...]

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Key News
* Home Prices in U.S. Declined 3.9% in January (Bloomberg)
* Portugal Says 2011 GDP Will Fall (Bloomberg)
* Japan battles crippled nuclear plant, radiation fears grow (Reuters)
* Portugal austerity vote likely Wed, could topple govt (Reuters)
The Event Agenda

Afternoon Run-Down
Economist Nassim Taleb defines a “Black Swan” event as a high-impact, hard to predict, and rare event [...]

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Key News
* S&P Warns on Asian Inflation (WSJ)
* Weber Indicates ECB May Raise Rates Several Times This Year (Bloomberg)
* Fed Presidents Signal No Urgency to Expand Bond Purchases (Reuters)
* Greek Bond Yields Climb to Records Before EU Leaders Discuss Crisis (WSJ)
The Event Agenda

Afternoon Run-Down
The euro reached a new four month high against the dollar Sunday [...]

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Key News
* Not In German Interest To See EMU Break Up (Market News Intl.)
* Bernanke sees few ripples from oil cost on economy (Reuters)
* U.S. warns of Libya civil war if Gaddafi stays (Reuters)
* Canada Holds Rates Steady (WSJ)
The Event Agenda

 
Afternoon Run-Down
Energy and metals are leading the way today, both indicating more uncertainty surrounding Libya [...]

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