Frontrunning: April 26

Tyler Durden's picture
  • Fed Sweating the Details of First News Conference (WSJ)
  • Ex-Morgan Stanley Economist Berner Tapped as Counselor to Geithner (WSJ)
  • China Said to Raise Capital Adequacy Ratios for 5 Biggest Banks (Bloomberg)
  • CIC Set for up to $200bn in Fresh Funds (FT)
  • Monetary Policy in 3-D (Hussman) or a fancy and long way to say DV01 = $1.5 billion
  • Japan Auto View Cut (WSJ)
  • Asia Faces ‘Serious Setback’ on Rising Food Costs, ADB Says (Bloomberg)
  • Some 500 Arrested in Syria Crackdown (Reuters)
  • Trichet Says Important for Policy Makers to Anchor Inflation Expectations (Bloomberg)
  • Euro Zone 2010 Deficit Down but Greece and Portugal Up (Reuters)
  • US Policy Shift Builds Pressure on Syria (FT)
  • Aussie dollar and Swiss Franc both gain (FT)
  • US and UK to Look at Libya Fuel Blockade (FT)

European Economic Highlights:

  • Euro-Zone Govt Debt/GDP Ratio 85.1%.Previous 79.3%.
  • Switzerland Trade Balance for March 1.09B.Previous 2.38B.
  • Switzerland Exports real SA for March -4.8%.Previous 3.6%.
  • Switzerland Imports real SA for March 1.3%.Previous 0.9%.
  • Switzerland UBS Consumption Indicator for March 1.660.Previous 1.453.
  • Sweden Unemployment Rate for March 8.1% - higher than expected.Consensus 7.8%. Previous 7.9%.