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EUR/JPY stops, sell orders noted
BOE Agents: Private Sector Employment Intentions Bit Stronger
Ireland FinMin: EU, ECB, IMF Officials Due In Dublin Thursday
UK Analysis: Surprise Fall In Oct Claimant Count Unemployment
UK DATA: Oct claimant count unemployment -3,700;…..
UK jobs data better than expected
BOE minutes: 7 MPC voted for unchanged policy in November, Posen for 50 bln QE, Sentance for 25 bps rate hike
China cabinet: Will make moves to stablise prices
Rumour doing the rounds, helps lift cable
ACB sells USD/JPY
Austrian FinMin: Greek payment tranche will be postponed to January from December
Germany’s Merkel: EMU Not Endangered By Debt Crisis: Press
Irish FinMin: Finance Ministers of eurozone are determined to take action to ensure stability of eurozone
Finnish FinMin: Difficult to believe Ireland does not need financial help
UK’s Osborne: It is in Britain’s interest that Ireland is stable
LCH Clearnet says ups margin requirement to trade Irish government debt
USD/JPY steady in early European trade
Sweden’s Borg: Irresponsible EU States Must Pay More: Press
Bank of England rate decision minutes and jobs to highlight deep divisions over economy
Greek rescue frays as Irish crisis drags on

EUR/JPY stops, sell orders noted

Posted:

We sit at 112.72. Talk of stops through 112.80 before sell orders at 113.00.

BOE Agents: Private Sector Employment Intentions Bit Stronger

Posted:

...

Ireland FinMin: EU, ECB, IMF Officials Due In Dublin Thursday

Posted:

LONDON (MNI) - Ireland's government will fully engage with their Eurozone partners in the current talks process, Ireland's Finance Minister Brian Lenihan said Wednesday. Talking to Ireland's RTE radio, Lenihan confirmed that officials from the European Union, the European Central ...

UK Analysis: Surprise Fall In Oct Claimant Count Unemployment

Posted:

--Oct claimant count unemployment -3,700; rate 4.5% --Jul-Sep ILO unemployment -9,000 q/q; rate 7.7% --Sep total weekly earnings +2% 3m y/y vs +1.7% in Aug --Sep regular weekly earnings +2.2% 3m y/y vs +2% in Aug LONDON (MNI) - Claimant count unemployment posted a surprise fall in ...

UK DATA: Oct claimant count unemployment -3,700;…..

Posted:

UK DATA: Oct claimant count unemployment -3,700; rate 4.5% --Jul-Sep ILO unemployment -9,000 q/q; rate 7.7% --Sep total weekly earnings +2% 3m y/y vs +1.7% in Aug --Sep regular weekly earnings +2.2% 3m y/y vs +2% in Aug ------------------------------------------------------------------------ Claimant count unemployment posted a surprise fall on the month in Oct against the ...

UK jobs data better than expected

Posted:

October jobless claims fell -3,700, better than median forecast of a +5,000 rise. First monthly fall since July. Sterling little firmer in wake of data, cable up at 1.5930. Claimant count rate unchanged at 4.5% ILO jobless rate 3 months to September unchanged at 7.7%.

BOE minutes: 7 MPC voted for unchanged policy in November, Posen for 50 bln QE, Sentance for 25 bps rate hike

Posted:

So the rumour two members voted for rate hike mercifully turned out to be rubbish. Phew.

China cabinet: Will make moves to stablise prices

Posted:

Will take forceful measures to curb consumer prices Will ensure adequate supply of oil products, especially diesel To increase supplies of grain, oil and sugar from reserves Will impose temporary controls on key product prices, such as daily necessities Will ensure stable prices of natural gas Will increase shipments of cotton from Xinjiang to other ...

Rumour doing the rounds, helps lift cable

Posted:

There's a rumour doing the rounds in the market. Talk is the Bank of England minutes will show 2 MPC members calling for rate hike. Take it for what you will. Heaven help us if it's true. One misguided soul on the MPC was bad enough, but two!!! Sheesh. I can ...

ACB sells USD/JPY

Posted:

in recent trade. We're at 83.45, down slightly from 83.54 session high. Just when it looked like we might see a little upside, up pops an Asian sovereign seller. Frustrating?, I should coco.

Austrian FinMin: Greek payment tranche will be postponed to January from December

Posted:

Greek numbers look significantly better

Germany’s Merkel: EMU Not Endangered By Debt Crisis: Press

Posted:

BERLIN (MNI) - The current sovereign debt crisis is not an existential threat to the Eurozone, German Chancellor Angel Merkel said in a television interview aired late Tuesday night. "I don't think that the Eurozone is endangered," Merkel told German ...

Irish FinMin: Finance Ministers of eurozone are determined to take action to ensure stability of eurozone

Posted:

Intensive engagement will now take place to ensure that banking sector can be stabilised Talks with EU/ECB/IMF officials will begin on Thursday Aid from UK is a matter for the UK authorities Knows UK is anxious to help in every possible way Despite an amount of work done to help banks, dislocation continues No deadline ...

Finnish FinMin: Difficult to believe Ireland does not need financial help

Posted:

By jove, I think he might be onto something...... Hopes Britain would take part in any Irish bailout package

UK’s Osborne: It is in Britain’s interest that Ireland is stable

Posted:

Britain stands ready to support Ireland

LCH Clearnet says ups margin requirement to trade Irish government debt

Posted:

To 30% of net position.

USD/JPY steady in early European trade

Posted:

Same as it ever was. We sit presently at 83.45. I sometimes find myself wondering what bank USD/JPY traders do all day. Must get somewhat boring. Anyways, talk of stops through 83.60, Mumblings of 84.00 barrier option interest and more stops just above there apparently.

Sweden’s Borg: Irresponsible EU States Must Pay More: Press

Posted:

FRANKFURT (MNI) - Fiscally irresponsible states should bear more of the burden for funding a European crisis mechanism so that moral hazard is minimized and countries gain an incentive to follow sound fiscal policies, Swedish Finance Minister Anders Borg wrote in the Financial Times. ...