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News in 60 Seconds: Carney talks about CAD intervention; OPEC hints at increases!

Rating: 1 votes, 5.00 average.
by , 10-27-2009 at 09:36 AM (1572 Views)
Biggest % gainers: GBP/USD up 0.61% today, GBP/CHF, GBP/JPY

Biggest % losers: USD/CAD down 0.54%, EUR/GBP, EUR/CAD ....so mild GBP & CAD strength & mild EUR weakness. No really strong momentum moves just yet today.

Oil $78.96 OPEC hinting at increases in production.
Gold $1,041

Seems the SEC wants to restore the edge that the "big Wall Streeters" have over the small guy: http://www.reuters.com/article/busin...e=businessNews

USD Case/Shiller Home Price Index improves for the 5th month in a row! -11.3% vs. -11.9% expected and -13.3% last time.

GBP CBI Realized Sales (survey of retailers/wholesalers index) came in better
at 8 vs. 6 expected and 3 last time.

USD CB Consumer Confidence numbers out at 10am EST today 53.7 expected.

USD Richmond Manufacturing Index comes out at 10am EST.

BOC Governor Carney speaks again at 11am EST today. Carney's comments from yesterday attached.

USD Geithner speaks this evening in NY at 4pm EST

AUD CPI out at 8:30pm EST tonight.

NZD Business Confidence numbers out at 10pm EST tonight.

South Africa experiencing the largest budget deficits since 1961: http://bloomberg.com/apps/news?pid=2...d=azNoYrxFfYwA

India begins their exit from Monetary Stimulus: http://bloomberg.com/apps/news?pid=2...d=a.Cc4PTq_Tgg

Sean Hyman
DailyFX Forum Moderator
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