BJ's Wholesale Club, Inc. said Thursday that same-store sales jumped 15.4% in August, beating analysts' expectations.

Ford Motor Company reported on Wednesday that U.S. auto sales fell 27% in August, a bigger-than-expected drop.

General Motors Corporation reported on Wednesday that sales fell 20% from a year ago, a smaller-than-forecast drop.

The Gap, Inc reported same-store sales fell 8% in August on Thursday.

Sony Corp recalled 440,000 units of Vaio laptop computers worldwide.

Toll Brothers, Inc posted a third quarter loss on Thursday amid the struggling housing market.

EUR/JPY continues to carve out fresh lows for the day under Y154.00. Euro-yen lows being notched near Y153.75 and one trader reminding of recent chatter that suggests Japanese exporters may be underhedged the cross.

Laurent Bilke of Lehman Brothers says the ECB press conference “took a slightly more dovish tone than expected. We look for a first rate cut in January 2009.”

The euro fell the most in almost four weeks against the dollar after European Central Bank President Jean-Claude Trichet said the region is undergoing an ``episode of weak activity,'' signaling policy makers aren't inclined to lift interest rates soon.

The European single currency dropped for a sixth day as Trichet said downside risks to growth prevail. The ECB kept its main rate at a seven-year high of 4.25% today.

The Bank of England kept its target rate at 5% today.

The euro has dropped 6.4% versus the dollar since Aug. 7, when Trichet said growth in the countries using the euro will be ``particularly weak'' through the third quarter.

The ECB today lowered its 2008 economic growth forecast to about 1.4% from 1.8%, and its 2009 prediction to 1.2% from 1.5%.

Gains in the dollar may be limited by speculation a deteriorating labor market will restrain consumer spending.

Companies in the U.S. cut an estimated 33,000 jobs in August, a private report based on payroll data showed today. The decrease followed a revised gain of 1,000 for the prior month that was lower than previously estimated, ADP Employer Services said.

Stocks tumbled Thursday, with the Dow sinking over 200 points, as sluggish retail sales and some dour readings on the labor market exacerbated worries about a global economic slowdown.

The concerns overshadowed a better-than-expected sales report from Wal-Mart Stores and surprisingly strong readings on services sector.

The world's leading retailer Wal-Mart reported stronger-than-expected August sales at its stores open a year or more, a metric known as same-store sales. Sales rose 3% versus forecasts for a rise of 1.6% and included the critical back-to-school period. Wal-Mart share gained 1%.

While Wal-Mart and select other discount retailers benefited from the need for a strapped consumer to still buy essentials, mall-based clothing chains and high-end sellers suffered.

Clothing chain Abercrombie & Fitch said sales fell 11%, versus forecasts for a 7.9% drop. Shares fell 4.5%.

Before the open report from payroll services firm ADP showed that the private sector lost 33,000 jobs in August, eclipsing forecasts for a drop of 30,000.

The report can sometimes be a harbinger of the broader government-issued monthly employment report, due Friday. Employers are expected to have cut 75,000 non farm jobs from their payrolls, after cutting 51,000 in July.

GBP/USD drops through support at $1.7760/45, further rate triggered stops below $1.7740 and fell down to $1.7680/90. Traders earlier mentioned the likelihood of $1.7610 testing.

EUR/JPY falls after breaking of key support at Y156.10 and printing lows around Y154.30. Rate currently holds near Y154.50. Techs suggesting the break of Y156.10 opens up a potential move towards this year's lows in the Y152.00 area.

Thursday sees release of weekly inventories data, delayed a day due to Labor Day holiday. Analysts predict for:
Crude oil stocks up 500,000 barrels
Gasoline stocks down 1.8 million barrels
Distillates stocks up 1.1 million barrels

- Euro still effectively overvalued against dollar, other currencies.

The major indices have opened markedly lower. Only two of the ten economic sectors are in positive ground.
A modest uptick in oil prices is translating into gains for the energy sector. Oil futures are up just 0.1% and trading near $109.40. Energy is up 0.7%.
Meanwhile, the defensive-oriented utility sector is showing a gain of 0.3%. Exelon (EXC 73.00 +1.09) is up after tightening its guidance for 2009. The firm initially projected profits between $4.00 and $4.40 per share, but now expects earnings to range from $4.15 to $4.30 per share. Exelon also announced it will be using $1.5 billion to help fund stock repurchases.

Prices paid 72.9, employment 45.4, new orders 49.7.

"this is still a reasonable forecast because the ADP report has consistently been overshooting the official Bureau of Labor Statistics private payroll numbers."

Futures slip as oil prices creep back up and investors await a slew of corporative reports: S&P futures vs fair value: -6.4. Nasdaq futures vs fair value: -11.5.
Fashion apparel retailer Guess (GES) posted a profit of $0.57 per share on sales of $515.2 million for its second quarter. Not only did the company's marks exceed the consensus forecast, but it induced management to raise its guidance for 2009. Tax and accounting service provider H&R Block (HRB) announced after yesterday's close it generated a loss of $0.40 per share for its latest quarter. The loss came as revenue slipped 11% year-over-year to $339.6 million. Both the top and bottom line results were short of expectations. Meanwhile, the much smaller Jackson Hewitt (JTX) posted a loss of $0.69 per share after revenues dropped 28% from the prior year to $4.3 million. Earnings per share were on par with estimates, but revenues were a bit short of expectations. Oil edged up early Tursday by 70 cents a barrel to $110.05.
At 14:35 GMT the U.S. Energy Information Administration will release its weekly report on oil stockpiles. A Platts survey expects an increase of 500,000 barrels in oil stocks and a drop of 1.8 million barrels of gasoline stocks. The report is for the week just before the arrival of Hurricane Gustav in the Gulf of Mexico, and won't fully reflect the storm's impact.
Also, retailers including Wal-Mart, Target, Gap and many others will release same-store-sales figures. These figures track sales from stores that have been open at least one year.

2008 HICP range 3.4-3.6% vs June f'cast 3.2-3.6% - 2009 HICP range 2.3-2.9% vs June fcast
ECB Staff 2009 GDP range 1.6-1.8% vs June fcast 1.0-2.0%.

- Strong underlying money expansion upside inflation risk
- Data confirm weakening of real GDP growth
- Imperative to avoid broad based second round effects
- Will continue to monitor very closely all developments

ULC revised to -0.5% from +1.3% (expected flat).

The euro snapped five days of declines against the dollar, rising from a seven-month low, on speculation the European Central Bank will signal today it will resist cutting interest rates any time soon.
ECB President Jean-Claude Trichet will hold a press conference later.
``Recent ECB rhetoric clearly points to Trichet adopting a hawkish tone, keeping the door on possible rate cuts firmly shut,'' analysts led Russell Jones, the head of global fixed- income and currency research in London at RBC Capital Markets, wrote in a research note. ``Any hint of dovishness would come as a surprise.''
ECB policy makers will hold the main refinancing rate at 4.25 percent today. The decision is due at 11:45 GMT and Trichet's press briefing will start at 12:30 GMT.
``You can't buy the euro as a long-term investment,'' said Tsutomu Soma, a bond and currency dealer at Okasan Securities Co. in Tokyo. ``The ECB will acknowledge that the economic outlook has worsened, and that will accelerate the euro's decline.'' The euro may weaken to $1.4410 today, Soma forecast.
The pound rose against the euro and the dollar as economists forecast inflation at more than double the Bank of England's target will prevent policy makers from lowering interest rates at a meeting today.
BOE MPC keeps interest rates unchanged, at 5.00%



EUR/USD having posted session high at $1.4540 before the NY opening lowered to $1,4450. Bids remain in place between $1.4450/40. Offers $1.4470, more toward $1.4500.

USD/JPY

Gains in the dollar may be limited by speculation a deteriorating labor market will restrain consumer spending.
ADP Employer Services will say U.S. companies reduced workers by 30,000 in August after adding 9,000 workers the previous month, according to a Bloomberg News survey of economists. The private sector report is due at 12:15 GMT.
U.S. nonfarm payrolls fell by 75,000 jobs in August, faster than the previous month's decline of 51,000, according to a Bloomberg survey before the Labor Department report due tomorrow.
Business across most of the U.S. was ``slow'' last month, the Federal Reserve said yesterday in its regional economic survey, known as the Beige Book.

Cable currently trades around $1.7820 after touching a pullback low of $1.7760. BOE MPC rate decision cane as expected:no change. Offers remain in place toward $1.7860, with interim interest building at $1.7820. Cable bids now seen placed between $1.7780/70, more between $1.7755/45 with stops on a break of $1.7740.

Airline and travel stocks are lower on back of rebound in crude oil prices. Spanish banks are lower ahead of the ECB press conference, where talk in the market is that the ECB may impose changes in collateral eligibility criteria for asset-backed securities (ABS) for ECB refinancing loans. FTSE-100 is outperforming, with BP leading the charge after it reached an agreement with its Russian partner in TNK-BP Ltd. CAC-40 is down 36pts (-0.81%), Xetra-DAX is down 78pts (-1.2%) and FTSE-100 is up 20pts (+0.37%).

The euro snapped five days of declines against the dollar, rising from a seven-month low, on speculation the European Central Bank will signal today it will resist cutting interest rates any time soon.
The 15-nation currency also climbed from near its weakest in five months against the yen before the ECB's decision, at policy makers will keep the key rate at a seven-year high, according to a Bloomberg News survey. ECB President Jean-Claude Trichet will hold a press conference later.
``Recent ECB rhetoric clearly points to Trichet adopting a hawkish tone, keeping the door on possible rate cuts firmly shut,'' analysts led Russell Jones, the head of global fixed- income and currency research in London at RBC Capital Markets, wrote in a research note. ``Any hint of dovishness would come as a surprise.''
ECB policy makers will hold the main refinancing rate at 4.25 percent today. The decision is due at 11:45 GMT and Trichet's press briefing will start at 12:30 GMT.
``You can't buy the euro as a long-term investment,'' said Tsutomu Soma, a bond and currency dealer at Okasan Securities Co. in Tokyo. ``The ECB will acknowledge that the economic outlook has worsened, and that will accelerate the euro's decline.'' The euro may weaken to $1.4410 today, Soma forecast.
The pound rose against the euro and the dollar as economists forecast inflation at more than double the Bank of England's target will prevent policy makers from lowering interest rates at a meeting today.
The Bank of England will keep its target rate at 5 percent today, according to all 61 economists surveyed by Bloomberg.
Gains in the dollar may be limited by speculation a deteriorating labor market will restrain consumer spending.
ADP Employer Services will say U.S. companies reduced workers by 30,000 in August after adding 9,000 workers the previous month, according to a Bloomberg News survey of economists. The private sector report is due at 12:15 GMT.
U.S. nonfarm payrolls fell by 75,000 jobs in August, faster than the previous month's decline of 51,000, according to a Bloomberg survey before the Labor Department report due tomorrow.
Business across most of the U.S. was ``slow'' last month, the Federal Reserve said yesterday in its regional economic survey, known as the Beige Book.

Resistance 3: Y109.70
Resistance 2: Y109.20
Resistance 1: Y108.80
Current price: Y108.30
Support 1: Y107.30
Support 2: Y106.50
Support 3: Y106.00
Comments: USD/JPY retreats after yesterday’s rally, holding within the downward channel from Aug 15, limited today by Y107.30/Y109.70 (strong support and resistance respectively). Below Y107.30 support comes at Y106.50 (Jul 25 low), then – to Y106.00 (22 Jul low). Resistance is around session highs on Y108.40, stronger – on Y109.20 (Tuesday’s high). Key resistance comes at channel line on Y109.70.

Resistance 3: Chf1.1390
Resistance 2: Chf1.1180
Resistance 1: Chf1.1070
Current price: Chf1.1029
Support 1: Chf1.1010
Support 2: Chf1.0950
Support 3: Chf1.0900

Comments: USD/CHF retreats a bit as employment ADP report is due to come today, weighting on Friday's Non-farm payrolls expectations. USD/CHF still holds a bit above the lower bound of the upward channel from Jul 16, limited today by Chf1.1010/Chf1.1390 (key support/resistance respectively). Under Chf1.1010 losses may widen to Sep 01 lows on Chf1.0940/50, then – to 23.6% of Chf1.0015 - Chf1.1180 rise at Chf1.0900. Resistance comes at session highs on Chf1.1070. Stronger resistance is near Wednesday’s high on Chf1.1170/80 (Jan 07 highs). Above then key resistance is at channel line on Chf1.1390.

Resistance 3: $1.8130
Resistance 2: $1.7940
Resistance 1: $1.7860
Current price: $1.7816
Support 1: $1.7700
Support 2: $1.7600
Support 3: $1.7500

Comments: GBP/USD holds within the narrow range Thursday. At 08:00 GMT Natiowide house prices index is schedule to release and may rise the recession concerns. But main focus will be on MPC rate decision. Analysts expect BoE will hold unchanged at current 5.00% with some risk of a 25 points rate cut. Support comes at session low on $1.7660. Strong level is around channel line from Jul 31 on $1.7500. Resistance is around $1.7820/30 (Wednesday’s highs). Above there is a risk of a rebound to $1.7940, then – to $1.8120 (channel resistance line).

Resistance 3:$1.4760
Resistance 2: $1.4600
Resistance 1: $1.4540
Current price: $1.4516
Support 1: $1.4480
Support 2: $1.4380
Support 3: $1.4320
Comments: Tech on euro has't changed. Rate still holds within the downward channel from Jul 22, limited today by $1.4180/$1.4760 (key support and resistance respectively). Resistance is around session high on $1.4540 with a break above will target $1.4600 and $1.4750/60 (23.6% of $1.5950 - $1.4370 decline and also channel resistance line). Interim support is near session lows on $1.4470/80. then – around Wednesday’s lows on $1.4380. Below losses may widen to $1.4320 (trend line from Feb 2006).

EUR/USD $1.4565, $1.4680, $1.4740.
USD/JPY Y108.30, Y108.00, Y108.70, Y110.40
AUD/NZD NZ$1.2305
USD/CAD C$1.0500, C$1.0680

GBP/USD
offers $1.7845/60
bids $1.7810/00

EUR/JPY
offers Y157.90

EUR/GBP
Offers stg0.8160
bids stg0.8145/40.

USD/JPY
Offers Y108.50, Y108.70/75

The euro traded near the lowest level against the dollar in more than seven months on speculation the European Central Bank will signal an economic slowdown is deepening.
The 15-nation currency traded near a five-month low against the yen before a policy meeting today at which the ECB will keep interest rates on hold, according to a Bloomberg News survey of economists. The pound dropped to its weakest in three years against the yen and a record low versus the euro as a separate survey showed the Bank of England, faced with slowing growth, will leave borrowing costs unchanged.
Sterling also dropped to an all-time low of 81.88 per euro today. British consumer confidence stayed at a four-year low in August, a Nationwide Building Society survey showed yesterday, adding to the case for rate cuts. The Bank of England will keep its target lending rate at 5 percent today, according to economists surveyed.
Currency fluctuations erode the appeal of holding higher- yielding European assets funded with the Japanese currency, so- called carry trades. Volatility implied by euro-yen options expiring in one month rose to 12.08 percent, near the highest in almost a month.
In carry trades, investors get funds in a country with low borrowing costs and buy assets where returns are higher. Japan's 0.5 percent benchmark interest rate compares with 4.25 percent in Europe. The risk to these trades is that currency moves may erase profits.
ECB President Jean-Claude Trichet and his colleagues will hold the main refinancing rate at 4.25 percent today, according to all analysts surveye.
Traders have pared bets the ECB will raise rates in coming months as reports yesterday showed European retail sales decreased 0.4 percent in July and investment by companies slid 1.2 percent, the first decline in five years.
Gains in the dollar may be limited by speculation a deteriorating labor market will restrain consumer spending.
U.S. nonfarm payrolls fell by 75,000 jobs in August, faster than the previous month's decline of 51,000, according to survey before the Labor Department report due tomorrow.
Business across most of the U.S. was ``slow'' last month, the Federal Reserve said yesterday in its regional economic survey, known as the Beige Book.

Stock market fixing:
Nikkei +80.12 +0.60% 12,689.59
Topix +8.18 +0.70% 1,220.55
FTSE -121.00 -2.15% 5,499.70
DAX -50.98 -0.78% 6,467.49
CAC -91.94 -2.03% 4,447.13
Dow +15.96 +0.14% 11,532.88
NASDAQ -15.51 -0.66% 2,333.73
S&P -2.59 -0.20% 1,274.99
10yr Note -0.4900 -0.131% 3.697%
NYMEX Crude Oil -0.36 -0.33% 109.35
Gold -2.30 -0.28% 808.20

Japan's stocks rose for the first time in three days, led by paper and tire makers, after crude oil slumped to a near five-month low, easing production costs.
Oji Paper Co., Japan's biggest user of high-sulfur fuel oil, climbed 6.9 percent to the highest in 11 months, while Sumitomo Rubber Industries Inc., the nation's third-largest tiremaker, surged 8.1 percent. JFE Holdings Inc. led steelmakers lower after rival ArcelorMittal said it will cut prices.
The Nikkei 225 Stock Average climbed 80.12, or 0.6 percent, to close at 12,689.59 in Tokyo, following a two-day, 3.5 percent slump. The broader Topix index rose 8.18, or 0.7 percent, to 1,220.55. Twenty of 33 Topix industry groups gained.
Crude oil futures fell as much as 8.7 percent to $105.46, the lowest since April 4, before closing at $109.71 yesterday after Hurricane Gustav appeared to cause only light damage to oil installations in the Gulf of Mexico. Oil has fallen more than $37 from its July record.
Oji, Japan's largest papermaker, leapt 6.9 percent to 586 yen, the highest since October 2007. Smaller rival Nippon Paper Group Inc. surged 9.1 percent to 336,000 yen, leading gains on the Nikkei. Sumitomo Rubber added 8.1 percent to 1,002 yen and posted the second-biggest gain on the MSCI World Index after Nippon Paper. Makers of paper and rubber were the two biggest winners among Topix groups.
Inpex Holdings Inc., Japan's largest oil and gas explorer, slumped 3.9 percent to 1.025 million yen, the lowest since Aug. 6. Mitsui & Co., a trading company that gets half of its profit from commodities, plunged 7.3 percent to 1,660 yen, the lowest since December 2006 and leading declines on the Nikkei.

European stocks dropped the most in two weeks on concern slowing economic growth will curb earnings at consumer companies while credit-market losses among financial firms increase.
Carrefour SA, the world's second-largest retailer, fell 1.9 percent after a report showed retail sales in Europe unexpectedly declined in July. Barclays Plc retreated for the first time in six days as Royal Bank of Scotland Group Plc said Barclays may have to raise more capital. Theolia SA slumped 1.8 percent after posting a first-half loss and cutting its full-year target for operating profit.
Banks have led losses among the 18 industry groups in the Stoxx 600 this year, falling 29 percent as mounting credit- related losses have forced companies from Royal Bank of Scotland to UBS AG to raise capital. Analysts now expect earnings at European banks to shrink 24 percent, compared with forecasts for a 2.1 percent decline at the end of last yearStocks pared losses after a report showed factory orders in the U.S. increased more than forecast in July, as demand grew for metals and construction materials.

U.S. stocks dropped for a third day, led by technology and raw-materials companies, after Corning Inc.'s cut its earnings estimates and commodity prices fell.
Corning, the biggest maker of glass for flat-panel displays, tumbled the most in two years and led technology stocks to the biggest retreat among 10 industries in the Standard & Poor's 500 Index. Newmont Mining Co. and Freeport-McMoRan Copper & Gold Inc. lost more than 3 percent each as gold prices dropped to a two- week low and Citigroup Inc. said a slump in commodity producers may worsen.
Technology stocks in the S&P 500 had a third day of losses greater than 1 percent. Corning cut its third-quarter earnings and sales estimates because television-set makers trimmed orders to work off excess inventory. The shares fell the most since July 2006, dropping 10 percent to $17.49.
Microsoft Corp. slipped 15 cents to $26.95 after Google Inc., the owner of the most popular Internet search engine, introduced a free Web browser to challenge the company's decade- long dominance of the market.
An index of raw-material producers in the S&P 500 sank to the lowest since January, dropping 1.7 percent. Gold and silver fell as the dollar climbed against the euro, reducing the appeal of the precious metal as an alternative investment.

The euro pared losses versus the dollar on investors' reluctance to sell the currency before the ECB's policy meeting tomorrow, according to Stephen Malyon, co-head of currency strategy at Scotia Capital Inc. in Toronto.
ECB President Jean-Claude Trichet and his colleagues will hold the benchmark at a seven-year high of 4.25 percent, according to all but one of the 53 analysts surveyed by Bloomberg News. ECB council member Axel Weber said last week that inflation leaves no room for rate cuts.
European reports showed retail sales and business investment dropped and crude oil extended its decline.
The yen rose for a fifth day against the euro and increased to a two-year high versus the New Zealand dollar as signs of a global economic slowdown led investors to sell higher-yielding assets and pay back loans in Japan. The Canadian dollar rose for the first time in a week after the central bank said the economy is ``still close'' to its production capacity.

EUR/USd Opened at $1.4422 after $1.4385/1.4530 overnight range.Euro had come within striking distance of its 2008 low ahead of the European session but with traders thinking the dollar had gone far enough, a modest rebound was seen on short-covering with euro stalled around $1.4420/30. Euro hold above $1.4460 with late action finding the euro at $1.4500 and near S session highs.
USD/JPY Opened at Y108.55 and Y156.55 after Y108.44/109.08 and Y156.25/158.05 overnight ranges.A mid-session dollar slide saw prints at Y108.10/156.50 as European traders exited and afternoon action saw recovery to Y108.40/157.10 into mid-afternoon before slippage resumed. Late trade found dollar at Y108.15 with euro-yen at Y156.85.

Today focus will be on BoE meeting announcement (11:00 GMT) and ECB meeting announcement (11:45 GMT). Later will be ECB press conference (12:30 GMT).

Japanese stocks ended Thursday's session lower across the board, extending the weakness seen at the mid-session break. The benchmark Nikkei 225 was down 131.93 points, or 1.04%, at 12557.66. The broader-based TOPIX was down 18.90 points, or 1.55%, at 1201.65.

Resistance 3: Y109.70
Resistance 2: Y109.20
Resistance 1: Y108.80
Current price: Y108.00
Support 1: Y107.30
Support 2: Y106.50
Support 3: Y106.00
USD/JPY retreats after yesterday’s rally, holding within the downward channel from Aug 15, limited today by Y107.30/Y109.70 (strong support and resistance respectively). Below Y107.30 support comes at Y106.50 (Jul 25 low), then – to Y106.00 (22 Jul low). Resistance is around session highs on Y108.40, stronger – on Y109.20 (Tuesday’s high). Key resistance comes at channel line on Y109.70.

Resistance 3: Chf1.1390
Resistance 2: Chf1.1180
Resistance 1: Chf1.1070
Current price: Chf1.1033
Support 1: Chf1.1010
Support 2: Chf1.0950
Support 3: Chf1.0900
USD/CHF retreats a bit as employment ADP report is due to come today, weighting on Friday's Non-farm payrolls expectations. USD/CHF still holds a bit above the lower bound of the upward channel from Jul 16, limited today by Chf1.1010/Chf1.1390 (key support/resistance respectively). Under Chf1.1010 losses may widen to Sep 01 lows on Chf1.0940/50, then – to 23.6% of Chf1.0015 - Chf1.1180 rise at Chf1.0900. Resistance comes at session highs on Chf1.1070. Stronger resistance is near Wednesday’s high on Chf1.1170/80 (Jan 07 highs). Above then key resistance is at channel line on Chf1.1390.

Resistance 3:$1.4760
Resistance 2: $1.4600
Resistance 1: $1.4530
Current price: $1.4486
Support 1: $1.4480
Support 2: $1.4380
Support 3: $1.4320
EUR/USD rebounds Thursday ahead of ECB rate decision. Market players expect ECB will hold rate unchanged at current 4.25%. Before the rate decision Germany Manufacturing orders are due to come at 10:00 GMT. Analysts predict orders rose 0.5% m/m after -2.9% in June. In general, techs on euro hasn’t changed: rate still holds within the downward channel from Jul 22, limited today by $1.4180/$1.4760 (key support and resistance respectively). Resistance is around session high on $1.4530 with a break above will target $1.4600 and $1.4750/60 (23.6% of $1.5950 - $1.4370 decline and also channel resistance line). Interim support is near session lows on $1.4470/80. then – around Wednesday’s lows on $1.4380. Below losses may widen to $1.4320 (trend line from Feb 2006).

High Low Close
EUR/USD 1.4530 1.4382 1.4492
USD/JPY 109.08 108.06 108.21
GBP/USD 1.7839 1.7666 1.7747
USD/CHF 1.1174 1.1040 1.1060

EUR/JPY 158.03 156.22 156.83
EUR/GBP 0.8170 0.8119 0.8164
GBP/JPY 194.07 191.90 192.09
GBP/CHF 1.9774 1.9606 1.9628

Change % Change Last
Nikkei +80.12 +0.60% 12,689.59
Topix +8.18 +0.70% 1,220.55
FTSE -121.00 -2.15% 5,499.70
DAX -50.98 -0.78% 6,467.49
CAC -91.94 -2.03% 4,447.13
Dow +15.96 +0.14% 11,532.88
NASDAQ -15.51 -0.66% 2,333.73
S&P -2.59 -0.20% 1,274.99
10yr Note -0.4900-0.131% 3.697%
NYMEX Crude Oil -0.36 -0.33% 109.35
Gold -2.30 -0.28% 808.20

07:55 Germany PMI services (August) seasonally adjusted 49.9 53.1
08:00 UK Halifax house price index (August) 3m Y/Y -8.8%
08:00 UK Halifax house price index (August) -1.7%
08:00 EU(15) PMI services (August) 48.2 48.3
10:00 Germany Manufacturing orders (July) unadjusted Y/Y -6.1%
10:00 Germany Manufacturing orders (July) seasonally adjusted Y/Y -2.2% -8.4%
10:00 Germany Manufacturing orders (July) adjusted 0.5% -2.9%
11:00 UK BoE meeting announcement 5.0% 5.0%
11:45 EU(15) ECB meeting announcement 4.25% 4.25%
12:15 USA ADP employment (August) -20K 9K
12:30 USA Unit labour cost (Q2) revised 1.3%
12:30 USA Productivity (Q2) revised 2.2%
12:30 USA Jobless claims (week to 30.08) 415K 425K
12:30 EU(15) ECB press conference
14:00 USA ISM Non-mfg business index (August) 49.6
14:00 USA ISM Non-mfg composite index (August) 50.0 49.5
20:30 USA M2 money supply (25.08), bln -10.5