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KOF Economic Barometer Released

Written March 27, 2009 at 6:44 AM EST by Danish FX 

The KOF Economic Barometer came out lower than expected at -1.79 from the previous -1.37.  A drop to -1.55 was forecast.

Archived in Forex News

EUROZONE Industrial New Orders Released

Written March 27, 2009 at 6:00 AM EST by Danish FX 

The EU Industrial New Orders came out at -3.4% from the previous -5.2%.  A drop to -5.7% was forecast.

Archived in Forex News

Bank of England’s Dale on the Wires

Written March 27, 2009 at 5:37 AM EST by Danish FX 

BOE designate member Miles: Monetary and fiscal stance set to be highly stimulative

- Sees reasons to be optimistic on UK outlook
- Collective stimulus could boost UK by at least 5% of GDP
- UK Debt to GDP ratio could rise to 70% of GDP
* Fiscal situation is far worse than anyone imagined a year ago
Archived in Forex News

UK Data Released

Written March 27, 2009 at 5:31 AM EST by Danish FX 

The UK Current Account came out at -7.6B from the previous -7.7B.  A rise to -5.8B was forecast.

The UK Final GDP came out at -1.6% from the previous -1.5%.  No change was forecast.

The GBP fell to session lows as both of these numbers missed forecasts.  This was the largest quartely fall in the UK GDP since 1990 and largest annual fall since 1991.

Archived in Forex News

Japanese Finance Minister Official Comments

Written March 27, 2009 at 5:19 AM EST by Danish FX 

Japan Senior Fin Min Official: Does not expect G-20 to discuss USD as key currency

- Notes G-20 will rather discuss global economy, markets, trade finance, aid to developing countries, financial regulation, IMF reform, protectionism
Archived in Forex News

German Import Prices Released

Written March 27, 2009 at 3:00 AM EST by Danish FX 

German Import Prices came out at -0.5% from the previously revised -3.6%.  A rise to -0.4% was forecast.

Archived in Forex News

UK’s Prime Minister Brown on the Wires

Written March 27, 2009 at 1:38 AM EST by Danish FX 

UK PM Brown: UK considering fiscal measures on mortgages

- Considering fiscal steps to curb inflation
- May take steps on public works and investment
Archived in Forex News

Economic Calendar (3/27/2009)

Written March 27, 2009 at 12:03 AM EST by Danish FX 

Friday, March 27, 2009

eco-3-271

Archived in Forex News

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