In the markets
First Published Thursday, 9 July 2009 09:54 am - © 2009 Need to Know News
* EZ Mar ESI economic sentiment seen rising to to 65.6 (median same) from 65.4
* UK February mortgage approvals expected to rise 32K (median 33K), after 31K in Jan
* European calendar also has ECB speak from Trichet, Weber and Bini Smaghi
* UK home prices fell -0.6%m/m in March, 10.3% y/y according to Hometrack
* US calendar quiet Monday, features another Fed outright purchase of Treasuries
* Canadian calendar has BoC Governor Carney speech
* Asian stock losses accelerate on U.S. Auto Task Force report on GM. Chrysler
* USD/JPY and JPY crosses slide on risk aversion; cross slide boosts USD v. currencies
* US Treasury yields eased amid lower Asian equity markets and U.S. stock futures
* NYMEX crude futures fell under $52 on continued global demand concerns
* GM's Wagoner is leaving GM; U.S. Auto Task Force warns bankruptcy an option
* Expectations for G20 meeting are quickly diminishing; fiscal stimulus moves unlikely
* Financial institution support seen in UK, Germany and Spain over weekend
* Japan Feb industrial output plunged 9.4% m/m (median: -9.1%), but plans for pick-up
* NZ Feb dwelling consents rose 11.6% m/m but down 40% y/y
