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2013.10.2517:39:00UTC+00Fx Market News Roundup

  • ECB's Asmussen Italy's fate will critically determine the EZ's fate, EZ needs credible nat'l backstops before ECB starts bank supervision
  • Earthquake of magnitude 7.1 recorded 231 miles east of Japan's Honshu Island, "Yellow Warning" of 1-metre tsunami issued for Fukushima region
  • Germany's conservatives to push for reduction of German debt/GDP to below 60% w/in 10 years in coalition talks w/SPD
  • Buba VP Lautenschlaeger suggests banks run their own intensive tests for flaws in '13 accounts before bank checks
  • Italy Govt aims to start sales in privatization pgm by YE to give market sign of commitment
  • Banxico considers that lower benchmark rate is congruent w/convergence of inflation towards 3% but no further reductions recommended, adverse shocks have begun to faded- CB expects slack in economy to continue
  • Italy's Banca Marche placed under special administration
  • Fitch affirms Italy at 'BBB+'; outlook negative
  • Fitch affirms Chile FC IDR at 'A+"; outlook stable
  • Brazil CB rejects all bids in 1st leg of auction for Feb 4 '14, accepts bids in 2nd leg of auction for Jun 3 '14
  • Durable Goods m/m Sep, 3.7 f/c, 2.0%, 0.2-prev
  • Durable Goods ex-Trans m/m Sep,-0.1%, f/c 0.5%, -0.4%-prev
  • Nondef Capex ex-Air m/m Sep, -1.1%, f/c -0.6%, 0.4%-prev
  • BR Current account, -2.629bn , f/c -1.8bn, -5.505bn-prev
  • BR Foreign direct investm't, 4.77bn, f/c 4.8bn, 3.775bn-prev
  • MX Trade balance, 0.659bn, -0.234bn-prev
  • MX Trade balance s/a, 0.604bn, 0.496bn
  • TR/UoM sentiment Final, 73.2, f/c 75, 75.2-prev
  • TR/UoM conditions Final, 89.9, 92.8-prev
  • TR/UoM expectations Fin, 62.5, 63.9-prev
  • TR/UoM 1yr inflation Fin, 3.0%, 2.9%-prev
  • TR/UoM 5-Yr Inflation Fin, 2.8%, 2.8%-prev
  • US Wholesale inventories mm, 0.5%, f/c 0.3%, 0.2%-prev
  • US Wholesale sales mm, +0.6%, f/c 0.3%, 0.0%-prev
  • MX Interest rate, 3.50%, f/c 3.50%, 3.75%-prev
  • US ECRI weekly index, 131.1, 130.3-prev
  • US ECRI weekly annualized, +2.0, +2.7-prev        

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