Reserve Articles
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291. BoE minutes confirms a 9 – 0 vote. Focus on BoJ rate announcement.
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19 Dec 2007
292. China Fills Tanks at 1st Oil Reserve
China has finished filling the tanks at the first of four planned strategic oil reserve bases meant to insulate the economy against supply disruptions, the government announced Wednesday.
19 Dec 2007
293. UK CPI flat, ahead of BoE minutes. ECB inject funds, as RBA sound hawkish
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18 Dec 2007
294. NRP Buys Reserves
Natural Resource Partners has bought more West Virginia coal reserves. The company said Monday it paid $27.2 million for 17.5 million tons of metallurgical coal. The reserves were purchased from Bluestone Coal Corp. subsidiary National Resources Inc.
18 Dec 2007
295. BoE to Offer Additional Reserves
The Bank of England will offer additional reserves to lenders Tuesday as part of a global attempt to tackle the deepening credit crisis. The BoE, the U.S. Federal Reserve, the European Central Bank, the Bank of Canada and the Swiss National Bank unveiled a coordinated plan last week to ease an impending new year freeze in wholesale money markets.
18 Dec 2007
296. USD continues its rally on mixed data. Focus on US Housing Starts and UK CPI.
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17 Dec 2007
297. US Inflationary data strengthens dollar. Japanese business sentiment at 2 year lows.
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16 Dec 2007
298. Dollar boosted by strong data. Japanese Tankan Reports at 2 year lows for Q4
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13 Dec 2007
299. Timothy Geithner, New York Federal Reserve Bank President
Thomson Financial News - "The central aim of the new North American and European central banks' cooperative liquidity program is to reduce the incentive for an excessive liquidity hoarding by banks."
13 Dec 2007
300. Central Banks announce joint venture to ease short term funding pressure. USD reverses it rally.
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12 Dec 2007
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