Frontrunning: March 30

Tyler Durden's picture
  • Greenspan Op-Ed: Dodd-Frank fails to meet test of our times (FT)
  • The ‘Grand Bargain’ is Just a Start (Martin Wolf)
  • Parts Shortages Spread to Japanese Operations in U.S. (WSJ)
  • Osborne Insists Plan B Will Mean Higher Rates (Independent)
  • Apollo Global Raises $565.4 Million in Expanded Share Offering (Bloomberg)
  • Summit Swings Behind Libyan Rebels  (FT)
  • Are commodity prices peaking? (MarketWatch)
  • Merkel Faces Pressure on Euro, Taxes (WSJ)
  • Inflation Comes at Us Like a Knuckleball (Mike Pento)
  • Cephalon Stock Rises Above Valeant Takeover Bid of $73 a Share, logically Valeant surges too (Bloomberg)
  • Allies Intensify Call for Gadhafi to Step Down (WSJ)
  • History Backs Bernanke Betting Volatility Variable Won’t Hurt (Bloomberg)
  • Ivy League Alumni Quit Admissions Interviews as Success Slips (Bloomberg)

European economic data:

  • Euro-Zone Business Climate Indicator for March 1.41 – lower than expected.Consensus 1.42. Previous 1.46.
  • Euro-Zone Consumer Confidence for March -10.6 – in line with expectations. Consensus -10.6. Previous -10.6.
  • Euro-Zone Economic Confidence for March 107.5 – higher than expected.Consensus 107.3. Previous 107.9.
  • Euro-Zone Indust. Confidence for March 6.6 – higher than expected.Consensus 6.0. Previous 6.6.
  • Euro-Zone Services Confidence for March 10.8 – lower than expected.Consensus 11.5. Previous 11.2.
  • Switzerland KOF Swiss Leading Indicator for March 2.24 stronger than expected.Consensus 2.18. Previous 2.19.
  • UK Index of Services (3mth/3mth) for January -0.5% - higher than expected. Consensus -0.9%. Previous -0.6%.
  • UK Index of Services for January 1.3%.Previous -1.1%.
  • UK CBI Reported Sales for March15–higher than expected.Consensus -2. Previous 6.