- Global stock markets dived today after the White House denied General Motors and Chrysler multi-billion dollar bailouts and threatened to push the carmakers into bankruptcy.
- MoM Japanese industrial output fell 9.4% in February
- (Bloomberg) -- Japanese companies cut inventories at an unprecedented pace in February and said they would increase production in coming months, indicating the worst of the country’s manufacturing slump may be over.
- Economic sentiment in the Euro area fell from 65.3 to 64.6 in March
- Australia's new home sales rose 3.9% in February
- Soros said on Saturday it was "conceivable" that Britain would have to resort to a bailout from the International Monetary Fund
- The USDA said there were 65.389 million head of hogs on March 1st, down 2.7% YoY.
- China's ambassador to the U.K. said Beijing isn't calling for a new global reserve currency to replace the dollar.
- The World Bank has given warning of serious social discontent in Russia after delivering a bleak assessment of the country's economy.
No comments:
Post a Comment