Frontrunning: February 2

  • In 2010, total compensation and benefits at publicly traded Wall Street banks and securities firms hit a record of $135 billion (WSJ)
  • The FT just a few months behind Zero hedge: Fed passes China in Treasury holdings (FT)
  • Cyclone Yasi Nears Coast of Australia Packing Winds Stronger Than Katrina (Bloomberg)
  • China's Wen vows to control inflation in new year (Reuters)
  • Germany Rules Out Bond Buybacks by Bailout Fund, Official Says (Bloomberg)
  • Bank of Japan's Kamezaki Says Economic Slowdown Is Temporary (Bloomberg)
  • Florida governor may stall Obama healthcare law (Reuters)
  • Much of nation's recent growth may have been a mirage (WaPo)
  • Bond `Sensation' Should Make Investors Nervous (Bloomberg)
  • Geithner To Meet Top Senate Democrats As Budget Debate Nears (WSJ)
  • The Paradox of Corporate Taxes (NYT)
  • Statement of David R. Malpass before the Senate Budget Committee (David Malpass)
  • Mubarak Fails to Calm Protests With Pledge to Step Down (Bloomberg)
  • Berlin nears deal on eurozone governance (FT)
  • European Emissions Markets to Reopen Gradually (WSJ)

European Economic Data Highlights

  • Euro-Zone PPI for December 0.8% - higher than expected.Consensus 0.7% m/m 5.2% y/y. Previous 0.3% m/m 4.5% y/y.
  • Hungary Trade Balance for December651.9M. Previous 651.5M.
  • Romania PPI for December1.2% m/m 9.6% y/y. Previous 0.8% m/m 8.1% y/y.
  • Russia CPI for January. Previous 0.4% m/m 1.8% y/y.


No comments yet! Be the first to add yours.