As we close the week

• Dow closing very heavy down 240
• GE earnings set it lower
• Next week most US regional banks will report earnings all week
• Many major corporations will report next week JP Morgan for one

Central bank watch

• Trichet speaks in NYC Monday and again on Tuesday in Franfurt
• RBA meeting Monday
• BOJ minutes Sunday
• FED voting members speaking all week

Economic Data - loaded with inflation data

• CPI from NZD, USD, GBP, Germany, EURO zone
• PPI from GBP, USD, Germany
• Housing GBP, JPY
• Retails sales NZD, USD, GBP

Turn to this commentary for all the current economic updates and major events -  it will be a busy week.