• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Today's Economic Docket: For What It's Worth, Here Are The Scheduled Economic Headlines

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Fri, 09/30/2011 - 07:43 | 1725190 depression
depression's picture

Rumor Mill open for business !

Love all the volatility, simply stay on the right side of the newest rumor and it's a no-brainer market right now.

Fri, 09/30/2011 - 07:44 | 1725197 msmith
msmith's picture

I guess we can conclude that we are closer to a sell off today than yesterday in equities.  The FX markets may be signaling another rebound for the very short term especially since today is the end of the month and quarter.  EURUSD price action could rebound further in the short term as it may have a completed 5 waves down.  http://bit.ly/pCtQ88

Fri, 09/30/2011 - 07:47 | 1725208 The Swedish Chef
The Swedish Chef's picture

Been riding the right horse all morning but I need more bad news to not wipe out the gains.

Fri, 09/30/2011 - 07:52 | 1725220 hondamikesd
hondamikesd's picture

+1, In the same boat.

Fri, 09/30/2011 - 07:53 | 1725227 SilverIsKing
SilverIsKing's picture

Is that a pic of you making a trade? If so, are you using a blackberry?

Fri, 09/30/2011 - 08:03 | 1725239 The Swedish Chef
The Swedish Chef's picture

No, it´s not, I´m a male. But I thought that it would be a nice pic illustrating the continous fisting we are subjected to.

Fri, 09/30/2011 - 11:26 | 1725928 sullymandias
sullymandias's picture

pick is gross, change it

Fri, 09/30/2011 - 07:48 | 1725209 GeneMarchbanks
GeneMarchbanks's picture

I bet that UofM consumer report gets bullshitted upward of 60...

Fri, 09/30/2011 - 07:53 | 1725225 buzzsaw99
buzzsaw99's picture

The usa federal reserve announced today that they will be buying widgets over the next six months and they sure hoped that leveraged speculators wouldn't drive the price of widgets to insane levels ahead of the move. ;)

Fri, 09/30/2011 - 08:28 | 1725318 saiybat
saiybat's picture

Tantum bona valent quantum vendi possunt.

Fri, 09/30/2011 - 07:55 | 1725235 GoldbugVariation
GoldbugVariation's picture

You missed Germany retail sales which are down 2.9% month on month versus a forecast of -0.5%.

http://news.businessweek.com/article.asp?documentKey=1376-LSBRRK1A1I4H01...

Germany has 82 million population by the way, and is a good indicator for the whole of 'core' Europe.

Fri, 09/30/2011 - 08:05 | 1725263 rhinotrader
rhinotrader's picture

Morgan Stanley CDS's soaring to highest level since 2009 and MS trades up 20% since last Friday. 

 

Morgan Stanley's CDS spread soars. The cost of acquiring credit-default swaps to insure Morgan Stanley's (MS) debt has soared to 456bp, higher than the cost of buying swaps for some major French and Italian banks. Morgan Stanley's CDS spread is still well below a post-Lehman peak of 1300bp, but nonetheless at its highest level since March 2009, as fears of French bank exposure heighten investor caution

Fri, 09/30/2011 - 08:16 | 1725291 msmith
msmith's picture
The GBPUSD is tracing out a similar wave pattern as EURUSD signaling a correction higher with the end of month and quarter today.  http://bit.ly/npAyxJ
Fri, 09/30/2011 - 08:34 | 1725334 msmith
msmith's picture

Gold Market Report is available here http://bit.ly/qWAApC.  Price action should continue to rebound over the short term.

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