Economic Calendar

Daily Highlights: 10.28.09

  • Asian stocks drop on National Australia loss, Canon earnings; Yen advances.
  • Consumer Confidence in US unexpectedly fell in October on job concerns.
  • Euro up slightly to $1.4830 in European morning trade amid US consumers' worries.
  • Oil falls to near $79 a barrel in Asia amid mixed signals about strength of US recovery.
  • France announces €1.65B plan to prop up the country's agricultural companies.
  • Home Prices in 20 US cities rise for third straight month: S&P/Case-Shiller.

Daily Highlights: 10.27.09

  • Asian stocks fall on commodity price decline, Hong Kong's property curbs.
  • China sees faster production gains in fourth quarter.
  • China state fund investing $500 million in Canada-based coal miner in Mongolia.
  • Dollar falls as China Output report sparks demand for high-yielding assets.
  • EU approves Pepsi bottlers merger, no concerns of dominance in Europe.
  • Euro rises to $1.4905 in European morning trade.
  • Milk glut has dairy farmers killing hundreds of thousands of cows to reduce demand.

Daily Highlights: 10.26.09

  • Asian shares were mostly higher Monday with S.Korean shares helped by upbeat economics.
  • Bank failures in US exceed 100 for this year, most closings since 1992.
  • China's September coal imports increase 7% from August as economy recovers
  • Oil prices slipped to near $80 a barrel in Asia
  • Dollar falls versus Euro as recovery signs, stock gains sap safety demand.
  • Japan to punish BNP Paribas's unit over convertible bond, share price manipulation.

Daily Highlights: 10.22.09

  • Asian stocks fall as bank loan-loss speculation raises valuation concerns.
  • China's economy expands 8.9% in Q3, fastest pace in a year, on stimulus, lending.
  • Euro rises above $1.50 for first time since August '08 on recovery outlook.
  • Leading Index in U.S. probably rose for sixth month in sign of expansion.
  • Russia warns of reduced access to credit, signalling cut in interest rates.
  • Sept's regional, state unemployment rates climbed in 23 states and the District of Columbia.

Daily Highlights: 10.13.09

  • Asian stocks were mixed Tuesday, with caution ahead of U.S. earnings.
  • Bank of England likely to expand its bond-purchase program to $316B next month.
  • China Vice PM: 3Q,4Q GDP to each grow higher on year vs. 7.1% in 1H 2009.
  • China September passenger vehicle sales up 83.6% on year
  • Contractors expect cuts in big weapon sales; Congress to vote on 2010 defense budget by month's end.
  • Crude oil futures trade above $73/barrel, helped by a weak dollar, early strength in equities.
  • German investor confidence unexpectedly drops as economy remains `fragile'

Daily Highlights: 10.9.09

  • Asian stock markets rose Friday on US gains, with resource and energy stocks leading.
  • Bernanke says Fed ready to tighten monetary policy when economy improves.
  • Dollar rises for first time in 5 days after Bernanke says Fed ready to 'tighten' policy.
  • Initial Jobless claims in US decrease 33,000 to 10-month low of 521,000.
  • Japan Machine Orders increased 0.5% in August, rebounding from record low.
  • Treasuries decline, set for weekly drop, after Bernanke signals tightening.

Daily Highlights: 10.7.09

  • Asian stocks gain on commodity prices; Newcrest advances on record gold prices.
  • ECB little reason to raise rates over next 12 months because of a muted inflation outlook: IMF.
  • Fed should increase interest rates 'sooner rather than later,' Hoenig says.
  • Gold hits record $1,045 on report suggesting the end of dollar-based oil trading.
  • Gold jumps to record $1,038 an ounce as outlook for inflation fuels demand.
  • JP Morgan says US may take until 2013 to recover jobs lost in recession.

Daily Highlights: 10.5.09

  • Asian stocks mixed as Roubini, US data stoke economic growth concerns.
  • Bank failures rise to 98 as three close in Minnesota, Michigan, Colorado.
  • BOE's Tucker says largest banks pose 'special' risks to financial system.
  • China Central Bank says country's lending heading for 'sustainable level'.
  • Euro rises against the U.S. dollar despite attempts to boost the dollar.
  • G-7 avoids criticism of Dollar, warns against 'disorderly' currency shifts.
  • Global semiconductor sales rose 5% in Aug - 6-straight month of sequential gains.

Daily Highlights: 10.1.09

  • ADP said the U.S. lost 254,000 private-sector jobs in September.
  • Asian stock markets were mixed Thursday in cautious trade after mild losses on Wall Street.
  • Bank of Japan holds key interest rate unchanged, upgrades economic assessment.
  • Baucus health overhaul would spare insurers gov't competition, cost less for others.
  • British retail sales unexpectedly flat in August, annual rate of increase moderates.
  • Chicago Purchasing Managers' Index unexpectedly fell to 46.1 in September.

Daily Highlights: 9.30.09

  • Asian stocks rose for a second day, led by automakers and technology companies.
  • Bank of Japan said to consider ending corporate debt purchases on recovery.
  • Cash for farmers, surplus purchases in $350 million congressional dairy aid package.
  • China's shares rebound from 3-day slump ahead of holiday; steel, banks, oil gain.
  • Consumer confidence in US unexpectedly declines amid rising unemployment.
  • EU nations to hammer out financial oversight, exit strategies in wake of G-20 summit.

Daily Highlights: 9.24.09

  • Crude Oil drops nearer to $68 after unexpected US supply gain.
  • EU raids cement makers, Holcim & Cemex in Spain, as part of a price-fixing probe.
  • Euro falls from one-year high versus Dollar before meeting of G-20 leaders.
  • European Commission proposed new bloc-wide regulatory bodies to supervise banks.
  • Fed highlighted signs of recovery as it left rates steady.
  • Japanese exports fell 36% in August from year ago, 11th straight decline.

Daily Highlights: 9.9.09

  • Asian stocks fall on share sales; Alibaba slumps as Chairman pares stake.
  • China looking at investing part of its $300B sovereign-wealth fund in US realty.
  • China plans first offering of yuan sovereign debt outside mainland China, in Hong Kong.
  • China's steel output rises 2% as state spending spurs demand.
  • Euro rises toward 9-month high versus Dollar on speculation of recovery.
  • Japan to hike fees it pays to aluminum producers by 53% - highest in 14 yrs.
  • OPEC Committee to recommend keeping quotas unchanged: Kuwait Minister.

Daily Highlights: 9.8.09

  • Asian markets were mostly higher Tuesday; Taiwan up 1.2% on Cabinet reshuffle.
  • China plans to offer 6B yuan ($879M) of government bonds in Hong Kong
  • China showcases commercial jet at Asia air show
  • China 2009 vehicle sales may rise 28% on stimulus, probably surpassing US.
  • ECB says significant contraction in euro-zone economy has ended; rates unchanged.
  • G-20 finance chiefs propose banks curb bonuses, increase capital holdings.

Daily Highlights: 9.3.09

  • Asian stocks gain on Gold, Alcoa forecast; Honda drops on strong Yen.
  • China to buy around $50B in notes denominated in the IMF's quasi-currency.
  • China's stocks rise most in six months
  • Employment in the US private sector falls by 298000 in August
  • European Central Bank will leave interest rates at a record low to nurture recovery
  • European equities were seen falling for a fourth straight session