Monoline proposal
Fed by itself or working with AAA counterparty offers to sell supplemental bond insurance to investors. (AFLAC concept) Maybe charge a point and insure up
January 31, 2008
Fed by itself or working with AAA counterparty offers to sell supplemental bond insurance to investors. (AFLAC concept) Maybe charge a point and insure up
stagflation there too Actual Forecast Previous 6:00am EUR CPI y/y (p) 3.2% 3.1% 3.1% 6:00am EUR Consumer Confidence -12 -10 -9 6:00am EUR Unemployment Rate
This has been much the same for new members that previously had higher budget deficits. It firms the Euro and keeps unemployment higher than otherwise.
Iraqi Oil Minister Sees No Output Change from OPEC (Reuters) Iraq’s oil minister Hussain al-Shahristani said on Thursday there was no sign of any shortage
Same twin themes taking hold – weakness and inflation. Highlights: US Mixed data EU Softening data could change ECB’s inflation rhetoric JN CPI Higher on
Opec reported Saudi production was up to 9.2 million bpd. This means demand has increased at the current posted prices probably making further price hikes
From Karim: GDP slows from 4.9% to 0.6% Personal consumption slows from 2.8% to 2.5% DGO strength in Dec shows up in modest positive in
MBAVPRCH Index + 4 Wk Ave + 12 Wk Ave From Karim: very volatile series-see chart-white line is purchase index-purple line is 4wk avg and
U.K. Mortgage Approvals Drop to Least Since 1999 By Jennifer Ryan (Bloomberg) U.K. mortgage approvals dropped in December to the lowest in at least nine
My guess is the GDP forecast the Fed is now getting from it’s staff is not a downgrade from previous forecasts, and may even be