March 17, 2011

***Looking Ahead***

– 12:30 (GE) German Fin Min Schaeuble speaks on Economic Governance
– 17:00 (CO) Colombia Jan Industrial Production Y/Y: 5.9%e v 4.0% prior
– 17:00 (CO) Colombia Jan Retail Sales Y/Y: 12.8%e v 12.4% prior
– 17:00 (CL) Chile Central Bank Interest Rate Decision: Expected to raise the Nominal Overnight Rate Target by 25bps to 3.75%
– 18:00 (JP) Planned G7 Finance Ministers Teleconference call on Japan

6:48 AM TradeTheNews.com European Market Update: G7 Finance Ministers teleconference poised for unified response on Japan

***Economic Data***

– (IN) India Central Bank (RBI) raised both the Repo and Reverse Repo Rates by 25bps to 6.75% and 5.75% respectively (as expected) . The RBI maintained the Cash Reserve ratio (CRR) unchanged at 6.00% (as expected)
– (SZ) Swiss National Bank (SNB) maintained it’s the 3-Month Libor Target Rate unchanged at 0.25%; As Expected
– (IN) India Primary Articles w/e Mar 11th WPI Y/Y: 12.3% v 14.0% prior; Food Articles WPI Y/Y: 9.4% v 9.5% prior – 2:45 (SZ) Swiss Mar SECO Economic Forecasts
– (FI) Finland Feb PPI M/M: 0.9% v 0.6% prior; Y/Y: 7.0% v 7.2% prior
– (RU) Russia Gold & Forex Reserve w/e Mar 11th: $497.3B v $497.2B prior
– (HU) Hungary Jan Final Industrial Production SA M/M: 15.3% v 15.5% prelim; Y/Y: 10.7% v 10.9% prelim
– (SZ) Swiss Q4 Industrial Production Q/Q: 7.4% v 4.6%e; Y/Y: 6.1% v 6.3%e
– (HK) Hong Kong Feb Unemployment Rate: 3.6% v 3.7%e
– (NV) Netherlands Feb Unemployment Rate: 5.1% v 5.1%e
– (SW) Sweden Feb Average House Prices (SEK): 2.11M v 2.20M prior
– (SW) Sweden Feb Unemployment Rate: 7.9% v 7.9%e
– (PD) Central/Eastern European Mar ZEW: 13.9 v 24.5 prior
– (EU) Euro Zone Jan Construction Output M/M: +1.8% v -1.8% prior; Y/Y: -4.5% v -12.0% prior
– (GR) Greece Q4 Unemployment Rate: 14.2 % v 12.4% prior
– (RU) Russia Producer Prices M/M: 3.3% v 1.0%e; Y/Y: 21.4% v 19.0%e

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