European Central Bank President Jean Claude Trichet caused a ripple in US stock index futures this morning when he stated that governments will scale-back stimulus spending. Futures on the Standard & Poor’s 500 Index slid 0.8 percent at 7:18 a.m. in New York, while Europe’s Dow Jones Stoxx 600 Index dropped 0.9 percent. “Not all our liquidity measures will be needed to the same extent as in the past,” Trichet said at a conference in Frankfurt today. “Any non-standard measure whose [...] read more
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Posted by Scott Boyd at 9:16 am EST, 11/20/2009
Posted by Scott Boyd at 9:11 am EST, 11/20/2009
November
20
Today’s Global
Market Events
Market Events
8:30 am
CAD
Core Retail Sales m/m
0.5%
0.5%
CAD
Retail Sales m/m
0.8%
0.8%
10:00 am
USD
Existing Home Sales
5.57m
5.57m
6:00 pm
AUD
CB Leading Index m/m
1.8%
1.8%
