October

Carry trades flying, Equities close to pre-correction levels and the "Bernanke Collar" remains firmly in place. What's not to like but the Dollar??

This week's data:

Sunday, 30 September 2007

2350 Japan Q3 Tankan large manufacturers’ index (23)

2350 Japan Q3 Tankan large manufacturers’ outlook (22)

2350 Japan Q3 Tankan non-manufacturing index (22)

2350 Japan Q3 Tankan non-manufacturing outlook (23)

2350 Japan Q3 Tankan large all-industry capital expenditures (7.7%)

Monday, 1 October 2007

0630 Eurozone European Central Bank President Trichet speaks

1400 US September ISM, manufacturing (52.9)

1400 US September ISM, prices paid (63)

2330 Australia September AIG performance of manufacturing index (52.4)

Tuesday, 2 October 2007

0900 Eurozone August producer price index (0.3% m/m)

0900 Eurozone August unemployment rate (6.9%)

1400 US August pending home sales

2301 UK September Nationwide consumer confidence (94)

2330 Australia October Reserve Bank of Australia interest rate decision

Wednesday, 3 October 2007

N/A UK Bank of England Monetary Policy Committee interest rate meeting

0130 Australia August retail sales (0.9%)

0900 Eurozone August retail sales (0.1% m/m)

0930 UK September BRC shop price index

1215 US September ADP employment change (38,000)

1400 US September ISM, non-manufacturing (55.8)

2330 Australia September performance of service index (51.6)

2350 Japan Foreign net equities investment (-¥157.0 billion)

2350 Japan Foreign net bonds investment (-¥1.160 billion)

Thursday, 4 October 2007

0210 Japan Bank of Japan Deputy Governor Iwata speaks

0500 Japan Bank of Japan Deputy Governor Iwata speaks

1100 UK Bank of England interest rate announcement

1145 Eurozone European Central Bank interest rate announcement

1230 Eurozone European Central Bank President Trichet speaks

1230 US Weekly initial jobless claims (298,000)

1230 US Continuing jobless claims (2.551 million)

1230 Canada August building permits (-11.3% m/m)

1400 US August factory orders (3.7%)

1400 Canada September Ivey PMI (58.5)

Friday, 5 October 2007

0500 Japan August leading economic index (72.7%)

1100 Canada September unemployment rate (6.0%)

1230 US September non-farm payrolls, net change (-4,000)

1230 US September unemployment rate (4.6%)

1230 US September average hourly earnings (0.3% m/m)

1900 US August consumer credit (US$ 7.5 billion)

(Source: GCI Financial)