Bobbys Corner-Open Market-Feb.17.2010
Good Morning:
The JPY fell as signs that the global recovery is gaining traction, and Greece may not need a bailout made investors look for higher-yielding assets. Greeks Finance Minister in a meeting with other EU mionisters in Brussels said that “there is no actual need for a bailout”.
World equity markets rose-and US Futures are pointing to a higher opening this morning. Speculation that data will support that US growth is accelerating-helped equity markets overnight.
| TIME | FOR | EST | PRIOR | |||
| 08:30AM | IMPORT PRICE INDEX (MoM) | JAN | 1.O% | O.O% | ||
| 08:30AM | IMPORT PRICE INDEX (YoY) | JAN | 1O.8% | 8.6O% | ||
| 08:30AM | HOUSING STARTS | JAN | 58OK | 557K | ||
| 08:30AM | BUILDING PERMITS | JAN | 62OK | 653K | ||
| 08:30AM | HOUSING STARTS MoM | JAN | 4.10% | -4.O% | ||
| 08:30AM | BUILDING PERMITS MoM | JAN | -5.10% | 1O.9% | ||
| 09:15AM | INDUSTRIAL PRODUCTION | JAN | O.8% | O.6% | ||
| 09:15AM | CAPACITY UTILIZATION | JAN | 72.6O% | 72.O% | ||
| 02.00PM | MINUTES OF FOMC MEETING | |||||
Have a GREAT DAY & GOOD LUCK




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