FXstreet.com: Fundamental: Economic Calendar

December 2008 Calendar − Update

research@sucden.co.uk (Sucden (UK) Limited) — Mon, 01 Dec 2008 11:42:45 GMT

December 2008 Calendar

ISM indices (Nov): declining further

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 01 Dec 2008 10:32:49 GMT

Factory orders (Oct): dropping significantly for the third consecutive month Labour market (Nov): downward trend in payrolls sharply accelerating The ISM manufacturing index fell by 4.6 points to 38.9 in October, its lowest level since the 1982 recession. The most striking feature of the report was the plunge in the export component from 52.0 to a mere 41.0, indicating that trade has ceased to be a strong support for the US economy due to global economic weakness. As the overall new orders

ECB: scope for slashing interest rates

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 01 Dec 2008 07:00:04 GMT

German retail sales (October): unchanged German industrial new orders (October): up slightly Germany: Industrial new orders usually follow ifo order book development After plummeting in September, German industrial new orders are likely to have recovered in October, despite the fact that all correlated climate indicators dropped. German retail sales probably remained unchanged in October, as retailers’ business assessment improved and consumer confidence deteriorated. We do not expect any

Week of 12/1/2008 thru 12/5/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 01 Dec 2008 06:29:22 GMT

Monday, December 01, 2008 Economic 10:00am Nov ISM Manufacturing (last 38.9), Nov ISM Prices Paid (last 37), Oct Construction Spending m/m (last -0.3%), TAF auction. Events 1:30pmFed Chairman Bernanke, Fed's Fisher speaks on economic outlook inAustin. 3:00pm Treasury Sec Paulson to speak on economy and markets inWashington, DC. Merrill Lynch Generics Conference. Trades Ex-dividend: SLB $0.21, AVY $0.41, ELY $0.07, ES $0.025, FIC $0.02. Earnings Before the Open: BE, NRGY. After the Close: LTON,

December 2008

enquiries@worldfirst.com (World First) — Fri, 28 Nov 2008 15:03:34 GMT

Existing and new home sales (October): stabilizing on low levels

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 24 Nov 2008 12:26:12 GMT

GDP (Q3 preliminary): downward revision due to consumption and net exports . Consumer confidence indicators (November): still near record lows Durable goods orders (October): sharp decline PCE core deflator (October): approaching the Fed’s comfort zone Existing home sales went up by a more than expected 5.5% mom to 5.18m in September, thus surpassing the previous year’s level. Given that pending home sales (which lead existing home sales by 1 to 2 months) fell back in September, we expect

German ifo business climate (November): down

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 24 Nov 2008 07:40:19 GMT

EMU industrial confidence and economic sentiment (November): down German CPI (October): down to 1.4 % yoy due to further drop in oil prices German adjusted unemployment (November): no further decline due to economic weakness M3 growth (July): slowed to 8.1% yoy EMU inflation (November) flash estimate: down to 2.3 % yoy Germany: ifo business climate, current assessment and business expectations The ifo business climate is expected to have deteriorated further in November due to the financial

Week of 11/24/2008 thru 11/28/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 24 Nov 2008 06:33:31 GMT

Monday, November 24, 2008 Economic 10:00am Oct Home Sales (last 5.18M, m/m last 5.5%) 1:00pm Treasury's two-year note auction 1:00pm TSLF announcement Events 8:30amFDA Arthritis Advisory Committee. 4:00pm German IFO data. SGP R&DUpdate Conference. XRX Investor Conference. Trades Ex-dividend: WYN$0.04, LTD $0.15, MDP $0.215, VMC $0.49, TEG $0.67. Earnings Before the Open: APWR, CPB , CBRL, ITRN, VAL. After the Close: ADI, ATW, CTRN, DCI, HPQ , NUAN, SKIL, UTI. Tuesday, November 25, 2008

Leading indicators (Oct): accelerating downward trend

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 17 Nov 2008 11:18:06 GMT

NY Empire and Philadelphia Fed index (Nov): still at record-low recession levels Industrial production (Oct): slight increase but downward trend remains intact PPI and CPI (Oct): sharp declines due to correction in energy prices Philadelphia Fed & NY Empire manufacturing index The New York Empire manufacturing index , which was first released in July 2001, fell to an all-time low of –24.6 in November. Given the deterioration in domestic demand and the global economy and the continued

Week of 11/17/2008 thru 11/21/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 17 Nov 2008 06:05:19 GMT

Monday, November 17, 2008 Economic 8:30am Nov Empire Manufacturing (last –24.6) 9:15am Oct Industrial Production (last –2.8%), Oct Capacity Utilization (last 76.4%) 10:00am TAF auction Events 9:00amFed's Hoenig speaks on regulation in New York. 6:30pm Treasury SecPaulson to speak on the economy and markets in Washington, DC. Treasuryrefunding settlement. Senate may begin debate on auto industrybailout bill. Canaccord Adams Global Energy Conference. Deutsche Bank& Goldman Sachs Gaming

RBS PMI manufacturing indices Germany and EMU (November): down

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 17 Nov 2008 05:53:43 GMT

The RBS purchasing managers’ index for the German and EMU manufacturing sector will probably have continued deteriorating in November , just like most of the correlated business climate indicators. French consumer spending is expected to have decreased in October , because consumer confidence deteriorated. The EMU trade balance is likely to have improved in September , like the corresponding German figure.

Trade balance (September): narrower deficit despite fall in exports

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 10 Nov 2008 12:05:02 GMT

Import prices (October): third sharp decline in a row due to commodities Retail sales (October): sharper downward trend following plunge in consumer sentiment UMI consumer sentiment (Nov): slight stabilization possible after Obama victory The trade deficit narrowed from $61.3bn to $59.1bn in August, and could have shrunk to $56.5bn in September , as imports will have fallen particularly due to the oilrelated drop in import prices by 3.0% mom. However, given global economic cooling and

EMU industrial production (September): down

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 10 Nov 2008 06:29:39 GMT

German ZEW economic sentiment (November): down German, French, Italian and EMU GDP growth (Q3): down HICP inflation in the euro area (October): likely to be confirmed at 3.2% yoy In November , the German ZEW economic sentiment will probably have continued its downturn, but at a slower pace. All correlated indicators were obviously driven by the current financial turmoil and its potential long-term effects on economic growth. Both the ifo business expectations and the US ISM manufacturing index

Week of 11/10/2008 thru 11/14/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 10 Nov 2008 05:48:24 GMT

Monday, November 10, 2008 Economic None Seen Events Recommend early bond market close. 10:00am Treasury's Kashkari speaks about the TARP program in New York. Deutsche Bank BRIC Metal & Mining Conference. Merrill Lynch Banking& Financial Conference. Rodman & Renshaw Global InvestmentConference. Trades Ex-dividend: AMAT $0.06, WYE $0.30, AET $0.04, MER$0.35, RRD $0.26, PVH $0.038. Earnings Beforethe Open: NXST, FCFC, MDTL, GNET, VCGH, PSEC, EPCC, PMFG, AXAS, VSR,JBT, EPE, LNY, URRE,

November 2008 Calendar − Update

research@sucden.co.uk (Sucden (UK) Limited) — Fri, 14 Nov 2008 13:53:56 GMT

November 2008 Calendar

ISM indices (October): declining further to recession levels

corp-comm@bhf-bank.com (BHF-Bank) — Thu, 06 Nov 2008 15:52:48 GMT

Factory orders (September): decrease partly due to falling energy prices Labour market (October): downward trend accelerates Domestic vehicle sales could have fallen back from 9.6m to 9.0m in October . This would be the lowest level since the recession at the beginning of the 90s, as the credit crunch, rising unemployment and depressed consumer sentiment are reducing the willingness to buy cars. The ISM manufacturing index declined from 49.9 to 43.5 in September, and the regional October

ECB refi rate: 50bp reduction almost sure

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 03 Nov 2008 09:26:57 GMT

German industrial new orders (September): down Output in the German producing sector (September): down Germany: Output in the producing sector usually follows industrial new orders German industrial new orders and output in the German producing sector probably suffered setbacks in September, as their steep increases in August were mainly driven by a favourable holiday effect and nearly all correlated indicators dropped. The German trade balance and current account might have rebounded somewhat

Week of 11/3/2008 thru 11/7/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 03 Nov 2008 06:26:18 GMT

Monday, November 03, 2008 Economic 10:00am Oct ISM Manufacturing (last 43.5), Oct ISM Prices Paid (last 53.5), OctConstruction Spending m/m (last 0.0%), Treasury's TAF announcement 3:00pm Treasury's quarterly funding estimates Events 3:45am Fed's Lacker speaks on monetary policy in Israel. Credit Suisse Asian Healthcare Conference. Goldman Sachs SoftwareConference. Financial Times World Telecoms Conference. OppenheimerHealth Care Conference. Terrapin Asia Oil & Gas InvestmentConference.

Durable goods orders (Sep): no rebound after plummeting in August

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 27 Oct 2008 11:30:43 GMT

Consumer confidence indicators (Oct): sharp declines due to financial market crisis FOMC: fed funds rate could be reduced significantly for the second time in October GDP (Q3 advance): contraction mainly due to private consumption and residential investment PCE core deflator (Sep): only slowly approaching the Fed’s comfort zone In August, new home sales fell by 11.5% mom to the lowest level since January 1991, and the number of months taken to sell the stock of new homes jumped back to 10.9.

German ifo business climate (October): down

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 27 Oct 2008 11:43:02 GMT

M3 growth (July): slowed to 8.5% yoy German CPI (October): falling to 2.4 % yoy as fuel prices retreat German adjusted unemployment (October): slight increase possible due to economic weakness EMU industrial confidence and economic sentiment (October): down German retail sales (September): down EMU inflation (October) flash estimate: decline to 3.1 % yoy As banks are eagerly trying to attract deposits by offering high interest rates, we expect M3 growth to have remained robust in September.

Week of 10/27/2008 thru 10/31/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 27 Oct 2008 07:15:14 GMT

Monday, October 27, 2008 Economic 10:00am Sept New Home Sales (last 460K, m/m –11.5%) 1:00pm Treasury's five-year TIPS auction Events FriedlandCapital Global Investment Forum. Worldwide Business Research DefenseFinance Conference. Trades Ex-dividend: ATR $0.15, DIN $0.25, CALM$0.157. CLHB to be added to the S&P400 after the close. CRVL to be added to the S&P600 after the close. Earnings Before the Open: ACV, ARLP, AIT, ACI, BOH, BEAV, BWP, CRNT, CNA , CORS, DIN, DCO, EXP, FSNM, FPL ,

Leading indicators (Sep): unchanged after two sharp declines

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 20 Oct 2008 12:48:49 GMT

Existing home sales (Sep): stabilization on a very low level Leading indicators fell by 0.7% and 0.5% mom in the previous two months, and the August figure could even be revised down due to orders. In September, the components of the index will be a mixed pack. Jobless claims, building permits, stock prices, manufacturing working hours and orders will have contributed negatively. But this could be compensated for by real M2, a temporary rebound in consumer expectations due to lower gasoline

RBS PMI manufacturing indices Germany and EMU (October): down

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 20 Oct 2008 07:57:23 GMT

Due to the financial turmoil and fears of a substantial economic slowdown, the October sentiment indicators published this week will probably have deteriorated: this applies to the RBS purchasing managers’ index for the German and EMU manufacturing sector, Belgian business confidence, French business confidence and Italian business and consumer confidence. In September, French consumer spending could have remained stable at least, because consumer confidence improved. EMU industrial new orders

Week of 10/20/2008 thru 10/24/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 20 Oct 2008 07:25:46 GMT

Monday, October 20, 2008 Economic 10:00am Sept Leading Indicators (last –0.5%) Events 10:00amFed's Bernanke testifies to House Budget Committee, 12:45pm Fed'sLockhart speaks on the US economic outlook, 12:45pm Fed's Krosznerspeaks on risk management in Baltimore . Consumer Electronics Association Industry Forum. Trades Ex-dividend: APA $0.15, BWLA $0.15. Earnings Before the Open: ETN, HAL , HAS, MAT, MMR, EDU, NVS , PETS, BPOP, UB, WFT. After the Close: ACMR, AXP , ARTC, BRO, CAVM, EFX, ELS,

Producer and consumer prices (Sep): decreasing again

corp-comm@bhf-bank.com (BHF-Bank) — Tue, 14 Oct 2008 11:44:50 GMT

Retail sales (Sep): soften due to declines in auto sales and gasoline prices Industrial production (Sep): ISM, aggregate weekly hours and hurricanes indicate fall in output The Congressional Budget Office (CBO) estimates that September’s budget surplus was about $45bn, $68bn less than the surplus recorded in the same month last year, when corporates’ quarterly tax payments were much higher. Outlays are also likely to have risen markedly, even if adjusted to calendar effects. September marks

HICP inflation in the euro area (August): likely to be confirmed at 3.6% yoy

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 13 Oct 2008 12:35:32 GMT

German ZEW economic sentiment (October): down EMU industrial production ( August): up In October, the German ZEW economic sentiment will probably have suffered a setback after having improved twice unexpectedly. In the last four weeks, an increasing number of the financial analysts, who participate in the ZEW survey, will probably have realized the extent of the current financial turmoil and its potential long term effects on economic growth. Both the ifo business expectations and the US ISM

Week of 10/13/2008 thru 10/17/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 13 Oct 2008 12:04:24 GMT

Monday, October 13, 2008 Economic Bond markets are closed for the Columbus Day holiday Events 8:00am Treasury's Kashkari speaks at banking event in Washington. 8:15 Fed's Hoenig speaks on regulation in Washington. Merrill Lynch China Investment Summit. Nataixis Bleichroeder HiddenGems Conference. Cambridge Energy Research Global Power Summit. SolarPower Conference & Expo. EVVV investor and analyst meeting. Earnings Before the Open: FAST, TONS, KMGB. After the Close: CMG, ELS, JBHT .

Import prices (September): second sharp decline in a row

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 06 Oct 2008 13:35:43 GMT

FOMC minutes (16 September): more emphasis on economic risks than on inflation Trade balance (August): narrower deficit due to oil price correction The FOMC minutes might show an intense discussion on the consequences of the financial market turmoil and the potential collapse of major financial institutions. Although the risk assessment in the last FOMC statement was balanced, more emphasis was put on the economic risks. And despite indicating that the inflation outlook is highly uncertain,

German industrial new orders (August): down

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 06 Oct 2008 12:05:03 GMT

Output in the German producing sector (August): down Germany: Output in the producing sector usually follows industrial new orders German industrial new orders probably decreased in August for the ninth time in a row, as the correlated climate indicators continued deteriorating. Output in the German producing sector could have declined too, as most of the correlated indicators dropped. The German trade balance might have rebounded somewhat in August, after it had declined unexpected heavily in

Week of 10/6/2008 thru 10/10/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 06 Oct 2008 11:57:17 GMT

Monday, October 06, 2008 Economic 11:00am Treasury's ten-year TIPS announcement Events 11:30amTreasury's Ryan speaks at industry conference in New York. 12:00pmFed's Evans speaks on economic outlook in Texas. 1:30pm Fed's Fisherspeaks on the Fed and the economy in Wichita Falls, TX. BreanMurray Consumer One on One Conference. FirstEnergy Capital Corp GlobalEnergy Conference. Johnson & Rice Energy Infrastructure Conference.Trades Ex-dividend: CMCSK $0.063, CMCSA $0.063. Earnings Before the

October 2008 Calendar − Update

research@sucden.co.uk (Sucden (UK) Limited) — Wed, 01 Oct 2008 08:48:07 GMT

October 2008 Calendar

October 2008

enquiries@worldfirst.com (World First) — Tue, 30 Sep 2008 13:39:27 GMT

German retail sales (August): decreasing further

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 29 Sep 2008 12:53:45 GMT

EMU industrial confidence and economic sentiment (September): down German adjusted unemployment (September): only a slight decline EMU inflation (September) flash estimate: decline to 3.7 % yoy ECB refi rate: reduction because of the financial markets crisis not to be ruled out According to the national climate indicators already available, economic sentiment and industrial confidence in the EMU are likely to have plummeted further in September . The turmoil in financial markets has

PCE core deflator (August): moderate increase only

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 29 Sep 2008 12:44:43 GMT

Consumer confidence (September): decline due to rise in unemployment and financial market turmoil ISM indices (September): below the expansion threshold Labour market (September): unemployment rate remains elevated Personal income is expected to have increased moderately by 0.2 % mom in August. Nominal personal spending might only have remained unchanged, as retail sales fell by 0.3% mom and gasoline prices went down markedly. As the personal consumption deflator will have been slightly

Week of 9/29/2008 thru 10/3/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 29 Sep 2008 08:37:44 GMT

Monday, September 29, 2008 Economic 8:30am Aug Personal Income (last -0.7%), Aug Personal Spending (last 0.2%),Aug PCE Deflator y/y (last 4.5%), Aug PCE Core (last m/m 0.3%, y/y 2.4%) Events 8:45pm Fed's Hoenig speaks on economic policy in Nebraska. AWI investor meeting. Trades Ex-dividend: TYC $0.20, CAH $0.14, STT $0.24. Earnings Before the Open: AVSO, CALM, CC , HMX, OHB, SCS, WAG . After the Close: CMGI, TRR. Tuesday, September 30, 2008 Economic 9:00am July S&P/CS Home Price Index

Durable goods orders (August): down markedly mainly due to transportation

corp-comm@bhf-bank.com (BHF-Bank) — Tue, 23 Sep 2008 09:50:04 GMT

Existing and new home sales (August): another decline after temporary rebound UMI consumer sentiment (final September): increase somewhat smaller than initially announced Months supply of unsold homes Existing home sales increased noticeably from 4.85m to 5.00m in July, after pending home sales had rebounded in the previous months. However, July pending home sales, which lead existing home sales by 1 to 2 months, went down by 3.2% mom. We thus expect existing home sales to have fallen back to

M3 growth (July): slowed to 9% yoy

corp-comm@bhf-bank.com (BHF-Bank) — Tue, 23 Sep 2008 09:36:06 GMT

RBS PMI manufacturing indices Germany and EMU (September): down German ifo business climate (September): down Germany: ifo business climate, current assessment and business expectations In the last few weeks, the US ISM manufacturing index has deteriorated. The DAX performance index has declined and so has the German yield spread, as long-term interest rates have gone down while short-term rates have remained stable. On the other hand, the euro has depreciated and the price for crude oil has

Week of 9/22/2008 thru 9/26/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 22 Sep 2008 10:41:20 GMT

Monday, September 22, 2008 Economic 11:00am Treasury's 2 and 5 year note auction announcement Events CreditSuisse Economic Forum. Citigroup India Investment Forum. Deutsche BankHomebuilding Symposium. Thomas Weisel Consumer Conference. RBCIndustrial Manufacturing, Technology and Services Conference. SMi GroupDrug Delivery Conference. UBS Life Sciences Conference. SYMCShareholders meeting. NKE shareholders meeting. Trades Ex-dividend: KFT$0.29, PHM $0.04, FLS $0.25. Earnings Before the Open:

Housing starts (August): downward trend intact

corp-comm@bhf-bank.com (BHF-Bank) — Mon, 15 Sep 2008 11:23:57 GMT

First purchasing manager indices (September): more or less stable at low levels Industrial production (August): sharp decline due to vehicles and utilities Consumer prices (August): noticeable decline because of lower energy prices FOMC meeting: another balanced risk assessment indicating stable rates for the time being Philadelphia Fed & NY Empire manufacturing index The results of the New York Empire manufacturing index were mixed in August: at 2.8, the headline figure was positive for

Week of 9/15/2008 thru 9/19/2008

jessica@tradethenews.com (TradeTheNews.com) — Mon, 15 Sep 2008 06:21:20 GMT

Monday, September 15, 2008 Economic 8:30am Sept Empire Manufacturing (last 2.8) 9:15am Aug Industrial Production (last 0.2%), Aug Capacity Utilization (last 79.9%) Events Bankof America Annual Investment Conference. UBS Transport Conference.Merriman Curhan Ford Investor Summit. Trades Ex-dividend: AVF $0.481,RF $0.10, GES $0.10. Earnings Before the Open: DFS , NSSC, TITN. After the Close: PLL. Tuesday, September 16, 2008 Economic 8:30am Aug CPI (last m/m 0.8%, y/y 5.6%; ex food & energy