February 9, 2010 6:54 PM

JPY Core Machinery Orders

comments

Core machinery orders m/m were 20.1%; much better than the forecast of 8.1% and prior reading of -11.3%. Despite the much better than expected release the JPY still trades off session lows at 89.77.

2-10 Economic Calendar

Comments (1)

Canada Trade Improves, US a Touch Lower Than Survey

Italian PM Monti says wouldn’t mind if Italian banks tapped ECB funds to buy Italian bonds

Greek MP Stasinos resigns in protest of austerity package, according to sources.

According to sources, German Fin. Minister says IMF may be ready to take part in Greek aid package.

UK PPI (Jan) 0.5%; better than the 0.1% expectation.

German lawmakers says Greece must deliver on reform promises to get the “OK” for aid.

Breaking News

ZEW comments
Eurozone ZEW -8.1 (-32.5 prior).
UK CPI Jan (y/y) 3.6% as expected.
German economics ministry says OECD expects German GDP to rise 0.4% in 2012.
French Prelim Non-Farm Payrolls (Q4) -0.2%, as expected.
UK RICS House Price Balance Declines by -16% in Jan, Better than the -17% Consensus
ECB Notwotny says more steps needed before aid tranche is distributed to Greece