March 17th, 2010 19:55:44 GMT

LOOK AHEAD: US event calendar for Thursday;……….


LOOK AHEAD: US event calendar for Thursday;
—— ABA govt rels meeting, many Fed officials speak.
9.00am Cleveland Fed Pres Pianalto speech.
11.00am UST announces 3/6m bills.
11.30am Fed Gov Duke speech at ABA Womens Leadership.
12.00pm Korea FinMin visits US.
12.45pm UST’s Krueger speech at BondBuyer summit.

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March 17th, 2010 19:40:43 GMT

LOOK AHEAD: US economic data calendar for Thursday;..


LOOK AHEAD: US economic data calendar for Thursday;
8.30am Jobless Claims for Mar 13, survey wk. Est 455k.
8.30am Feb CPI. Median est +0.1%/+0.1% core.
8.30am Q4 C/A. Median est -$118b.
10.00am Mar Philly Fed index. Median est 18.
10.00am Feb leading indicators. Median est +0.2%.
10.30am EIA nat gas data for wk Mar 12.
4.30pm Fed releases M2 and banking data.

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March 17th, 2010 19:40:41 GMT

FED: Bernanke; have not seen any reduction in demand.


FED: Bernanke; have not seen any reduction in demand for US Tsys. Says
does not anticipate any problem financing US debt. Adds that if s-term
rates rise, so will l-term rates; increase cost of servicing debt. Does
not expect reduced demand for US Tsys. Says carry trade not a risk-free

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March 17th, 2010 19:27:29 GMT

I spy a potential double top in EUR/JPY


Since stalling at 125.07 this morning in London, EUR/JPY has had the potential to form a double top with the prior high at 125.21. A break below the low between the two peaks which comes in at 123.24 is the trigger point. A break of that level implies a decline of roughly two-JPY to come, on a measured-move basis. Stops from short-term players lie just below the 123.80 level, traders report.

3-17 eurjpy


1 13,229 13,230 13,231 13,232 13,233 13,234 13,235 13,236 13,237 13,238 13,239 15,585

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