Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
By Bob Chen The Finance Ministry also plans to strengthen monitoring of
European debt, China’s credit tightening and U.S. financial regulations,
according to a report on minister Yoon Jeung Hyun’s first year in office. Yoon
said yesterday it’s “premature” for the central bank
Meirelles made the comments in Sao Paulo today during a lunch with investors
sponsored by the France-Brazil Chamber of Commerce. A central bank spokesman,
who declined to be identified, citing central bank policy, said Meirelles
wouldn’t comment on whether he’ll run for federal
Fundamental Headlines • Fed to Bare Tightening Plan – Wall Street Journal • G-7
Leaders Split on Finance Regulation – Wall Street Journal • Traders cautious as
contagion fears linger - Financial Times • Weak Dollar Illusory as Correlated
Trading Shows Gains Since Bretton
“We expect to be around the center of the inflation range a year from now,”
Fischer said in an interview in Sydney where he is attending a symposium
organized by the Reserve Bank of Australia to celebrate its 50th anniversary.
“Growth looks to be reasonably well based. So it
Feb. 8 (Bloomberg) -- South African policy makers are looking at whether they
should maintain stimulus measures as the economy hasn’t been as affected by the
global recession as other countries, central bank Deputy Governor Xolile Guma
said. “Certainly in South Africa, we’ve been
“Certainly in South Africa, we’ve been taking a look at it, because we were not
affected as seriously as other people,” Guma said in an interview with
Bloomberg News in Sydney yesterday, without being more specific. South Africa’s
economy grew an annualized 0.9 percent in the three
Prices increased 4.4 percent from a year earlier, following a 2.8 percent
annual gain in December, according to a Quotable Value New Zealand Ltd. index.
Prices in the 17 largest cities rose 6.2 percent, the Wellington-based
government valuation agency said in an e-mailed report. Further gains
“Certainly in South Africa, we’ve been taking a look at it, because we were not
affected as seriously as other people,” Guma said in an interview with
Bloomberg News in Sydney yesterday, without being more specific. South Africa’s
economy grew an annualized 0.9 percent in the
“Everything points towards the direction of a recovery,” Sanchez said in
Sydney. While the central bank forecasts growth of 3.2 percent to 4.2 percent
this year, “I’m ready to be surprised as to the results of the economic
recovery,” he said. Mexico’s $1.09 trillion economy was
Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
