Quote: ‘Consistency is the hobgoblin of the small mind.’ Julie Burchill (1959-) The News: Fed cuts Fed Funds target 50 basis points to 3.00% as Fitch cuts rating on bond insurer FGIC. The Numbers: Greenwich Mean Time, with expectations and previous figures in brackets. 01:30 JP December Labour Cash Earnings –1.9% Y/Y, Overtime –0.8%, versus +0.1% and +0.5% November. 05:00 JP December Housing Starts 1.050M Y/Y, Construction Orders +4.7% Y/Y, versus 0.956M and –3.8% November. 05:00 JP January
Related posts:
- Landslide victory for Putin while Venezuela’s Chavez’s bid for new powers is rejected by voters
- Thailand lifts capital controls; offshore baht weakens to converge with onshore currency
- Fed chairman Bernanke’s ‘put’ (rate cuts) under whelm financial markets
- China increases by 50 basis points to 13.50% the reserve requirements of banks
- FOMC cuts central bank rate by 25 basis points
Author:
Time:
Thursday, January 31st, 2008 at 10:29 am
Category:
Comments:
You can leave a response, or trackback from your own site.
RSS:
You can follow any responses to this entry through the RSS 2.0 feed.
Navigation:
