JAPAN'S STIMULUS SPENDING MAY MEAN "MASSIVE" FUTURE COST!

Aso’s Stimulus Plan May Spur Economy at ‘Massive’ Future Cost - Bloomberg.com: "Aso’s Stimulus Plan May Spur Economy at ‘Massive’ Future Cost"

EURO: TRICHET OPTIMISTE POUR 2010!...VRAIMENT?

Trichet optimiste pour 2010 - Economie - Le Monde.fr: "Trichet optimiste pour 2010"

JAPAN TO SPEND A RECORD $150 BILLION STIMULUS PACKAGE!

Japan to Spend 15.4 Trillion Yen in Stimulus Package (Update3) - Bloomberg.com: "Japan to Spend 15.4 Trillion Yen in Stimulus Package (Update3)"

WORLD OIL DEMAND FORECAST CUT TO LOWEST SINCE 2004!

IEA Cuts Oil Demand Forecast to Lowest in Five Years (Update1) - Bloomberg.com: "IEA Cuts Oil Demand Forecast to Lowest in Five Years (Update1)"

WORLD MARKETS' "STRESS" FOR 2009, 2010?

BOJ Warned of Market ‘Stress’ Beyond Fiscal Year End (Update2) - Bloomberg.com: "BOJ Warned of Market ‘Stress’ Beyond Fiscal Year End (Update2)"

CHINA'S EXPORTS FALL FOR 5th MONTH!

China’s Exports Fall for Fifth Month on Global Slump (Update3) - Bloomberg.com: "China’s Exports Fall for Fifth Month on Global Slump (Update3)"

GERMANY TO NATIONALIZE HYPO REAL ESTATE BANK!

German government moves to nationalize bank - CNN.com: "German government moves to nationalize bank"

EUROPE: LES PLANS DE RELANCE...SUFFISANTS?....VRAIMENT?

Les plans de relance actuels sont suffisants, dit Trichet - Le Monde.fr: "Les plans de relance actuels sont suffisants, dit Trichet"

FEW US BANKS TO NEED MORE BAILOUTS!...REALLY?

Hoenig Says Few Big U.S. Banks to Need More Bailouts (Update1) - Bloomberg.com: "Hoenig Says Few Big U.S. Banks to Need More Bailouts (Update1)"

JAPAN TO UNVEIL BIG SPENDING PLANS!...RISKY?

Japan’s Aso to Unveil 15.4 Trillion Yen Stimulus Plan (Update2) - Bloomberg.com: "Japan’s Aso to Unveil 15.4 Trillion Yen Stimulus Plan (Update2)"

LE JAPON CONNAÎTRA LA PIRE RÉCESSION DES PAYS INDUSTRIALISÉS!

En 2009, le Japon conna�tra la pire r�cession des pays industrialis�s - L'�conomie en crise - Le Monde.fr: "En 2009, le Japon conna�tra la pire r�cession des pays industrialis�s"

RUSSIA'S BANKS' BAD LOANS MAY QUADRUPLE AS WORST CRISIS SINCE 1998 DEBT DEFAULT WORSENS!

Russia Banks’ Bad Loans May Reach $70 Billion as Crisis Deepens - Bloomberg.com: "Russia Banks’ Bad Loans May Reach $70 Billion as Crisis Deepens"

US FED: PESSIMISTIC!

Fed Saw Downside Risks Predominating at March Meeting (Update2) - Bloomberg.com: "Fed Saw Downside Risks Predominating at March Meeting (Update2)"

L'ÉCONOMIE AMÉRICAINE A CONTINUÉ DE SE DÉTÉRIORER!

Selon la Fed, l'�conomie am�ricaine a continu�de se d�t�riorer - Le Monde.fr: "Selon la Fed, l'�conomie am�ricaine a continu�de se d�t�riorer"

MÉXICO: ¿CÓMO VA HOY?....Miércoles, abril 08, 2009!

MERCADOS MEXICANOS-�Qu�dicen los analistas? 8 de abril
| Titulares
| Reuters: "MERCADOS MEXICANOS-�Qu�dicen los analistas? 8 de abril"

BANKS TAKEOVERS DEEPENED GLOBAL CRISIS!...YES!

Roubini Says Bank Takeovers Deepened Financial Market Crisis - Bloomberg.com: "Roubini Says Bank Takeovers Deepened Financial Market Crisis"

UNIÓN EUROPEA EN RECESIÓN!... PIB PEOR DE LO ESPERADO!

UE entra en recesi�n, cae PIB 1.5% IV-08, peor de lo esperado - Invertia: "UE entra en recesi�n, cae PIB 1.5% IV-08, peor de lo esperado"

MÉXICO: ¡INFLACIÓN CON SEÑALES MIXTAS!

Inflaci�n anual M�xico se desacelera en marzo - Invertia: "Inflaci�n anual M�xico se desacelera en marzo"

DON'T MISTAKE SLOWER ECONOMIC SLIDE FOR REBOUND!

Rosenberg Says Don’t Mistake Slower Economic Slide for Rebound - Bloomberg.com: "Rosenberg Says Don’t Mistake Slower Economic Slide for Rebound"

GERMAN EXPORTS FELL FOR A 5th MONTH PUSHING IT DEEPER INTO RECESSION!

German Exports Fell For a Fifth Month in February (Update1) - Bloomberg.com: "German Exports Fell For a Fifth Month in February (Update1)"

EMERGING MARKETS: A WARNING SIGN?

Commodity surge aids emerging market recovery - Apr. 6, 2009: "Emerging victorious"

L'AGENDE ÉCONOMIQUE MONDIALE: À SUIVRE CETTE SEMAINE! (06-10/Avril/2009)

LaTribune.fr - A suivre cette semaine, la production industrielle en Europe: "A suivre cette semaine, la production industrielle en Europe"

LES EXPORTATIONS ALLEMANDS RECULENT DE 23% EN FÉVRIER!

LaTribune.fr - Les exportations allemandes reculent de 23% en f�vrier: "Les exportations allemandes reculent de 23% en f�vrier"

L'ÉCONOMIE IRLANDAISE DEVRAIT SE CONTRACTER DE 8% EN 2009!

L'�conomie irlandaise devrait se contracter de 8 % en 2009 - Europe - Le Monde.fr: "L'�conomie irlandaise devrait se contracter de 8 % en 2009"

UK GROWTH (GDP) FAAALLS!..RECESSION RESEMBLES 1979!

U.K. GDP Drops 1.5% as Recession Resembles 1979, Niesr Says - Bloomberg.com: "U.K. GDP Drops 1.5% as Recession Resembles 1979, Niesr Says"

L'ÉCONOMIE DE LA ZONE EURO S'EST CONTRACTÉE PLUS QUE PRÉVU!

L'�conomie de la zone euro s'est contract�e plus que pr�vu - Economie - Le Monde.fr: "L'�conomie de la zone euro s'est contract�e plus que pr�vu"

MÉXICO: ¿CÓMO VA HOY?...Martes, abril 07, 2009

MERCADOS MEXICANOS-�Qu�dicen los analistas? 7 de abril
| Titulares
| Reuters: "MERCADOS MEXICANOS-�Qu�dicen los analistas? 7 de abril"

US BUSINESS CONFIDENCE LOWEST IN 7 YEARS!

Confidence Among U.S. Company Chiefs Sank Further (Update1) - Bloomberg.com: "Confidence Among U.S. Company Chiefs Sank Further (Update1)"

MÉXICO ¿EN PROFUNDA RECESIÓN?

Entra M�xico en recesi�n profunda | El Economista online: "Entra M�xico en recesi�n profunda"

APRÈS L'AVOIR LONGTEMPS OCCULTÉ, LE JAPON DÉCOUVRE LE PHÉNOMÈNE DE PAUVRETÉ!

Apr�s l'avoir longtemps occult�, le Japon d�couvre le ph�nom�ne de pauvret�- L'�conomie en crise - Le Monde.fr: "Apr�s l'avoir longtemps occult�, le Japon d�couvre le ph�nom�ne de pauvret�"

US FED AGREES ON SWAP LINES FOR EUROS, YEN, POUNDS!

Fed Agrees on Swap Lines to Access Euros, Yen, Pounds (Update2) - Bloomberg.com: "Fed Agrees on Swap Lines to Access Euros, Yen, Pounds (Update2)"

JAPAN: FINDING CASH FOR STIMULUS A HARD TASK?

Yosano Says Finding Cash for Stimulus Is ‘Major Task’ (Update1) - Bloomberg.com: "Yosano Says Finding Cash for Stimulus Is ‘Major Task’ (Update1)"

US STOCKS: A "BEAR MARKET" RALLY?

Soros Calls Gain in U.S. Stocks a ‘Bear-Market Rally’ (Update1) - Bloomberg.com: "Soros Calls Gain in U.S. Stocks a ‘Bear-Market Rally’ (Update1)"

JAPAN KEEPS RATE; WIDENS RANGE OF COLLATERAL FOR LOANS!

Bank of Japan Widens Range of Collateral for Loans (Update1) - Bloomberg.com: "Bank of Japan Widens Range of Collateral for Loans (Update1)"

AUSTRALIA CUTS RATE TO 49-YEAR-LOW 3%!

Australia’s Central Bank Cuts Rate to 49-Year-Low 3% (Update2) - Bloomberg.com: "Australia’s Central Bank Cuts Rate to 49-Year-Low 3% (Update2)"

IRELAND MAY FACE "GRAVE" BUDGET CRISIS!

Ireland May Raise Taxes, Cut Spending to Avert ‘Grave Crisis’ - Bloomberg.com: "Ireland May Raise Taxes, Cut Spending to Avert ‘Grave Crisis’"

BRAZIL: 1st RECESSION IN 17 YEARS?

Brazil GDP May Shrink First Time in 17 Years in 2009 (Update2) - Bloomberg.com: "Brazil GDP May Shrink First Time in 17 Years in 2009 (Update2)"

US FED'S BERNANKE:..OVER-OPTIMISTIC?

Bernanke ‘Green Shoots’ May Signal False Spring Amid Job Losses - Bloomberg.com: "Bernanke ‘Green Shoots’ May Signal False Spring Amid Job Losses"

US LABOR MARKET TO DETERIORATE FURTHER!

U.S. Jobs Index Dropped to 90.1 in March, Indicating More Cuts - Bloomberg.com: "U.S. Jobs Index Dropped to 90.1 in March, Indicating More Cuts"

US STOCKS FALL ON BANKING CONCERN! (2009, April 06)

U.S. Stocks Drop on Banking Concern, Collapse of Sun Takeover - Bloomberg.com: "U.S. Stocks Drop on Banking Concern, Collapse of Sun Takeover"

LE FMI FAVORABLE À UNE ADOPTION DE L'EURO EN EUROPE DE L'EST!

Le FMI favorable �une adoption de l'euro en Europe de l'Est - Economie - Le Monde.fr: "Le FMI favorable �une adoption de l'euro en Europe de l'Est"

MÉXICO: ¿CÓMO VA HOY?...Lunes, abril 06, 2009

MERCADOS MEXICANOS-�Qu�dicen los analistas? 6 de abril
| Titulares
| Reuters: "MERCADOS MEXICANOS-�Qu�dicen los analistas? 6 de abril"

US TOXIC-ASSET PLAN MAY BLUNT APPETITE FOR JUNK BONDS!

Geithner Plan May Blunt Appetite for Junk Bonds, Peters Says - Bloomberg.com: "Geithner Plan May Blunt Appetite for Junk Bonds, Peters Says"

ESTADOS UNIDOS: ¿QUÉ VA A PASAR?..(Agenda abril 06 -- abril 10, 2009)

Acciones EEUU pueden subir pr�xima semana por optimismo inversor
| Negocios
| Reuters: "Acciones EEUU pueden subir pr�xima semana por optimismo inversor"

MÉXICO: ¿QUÉ VA A PASAR?...(Agenda abril 06 -- abril 10, 2009)

MERCADOS MEXICANOS-Ver�n sesiones tranquilas por Semana Santa
| Negocios
| Reuters: "MERCADOS MEXICANOS-Ver�n sesiones tranquilas por Semana Santa"

AMÉRICA LATINA ESTA SEMANA...(abril 06 -- abril 10, 2009)

Mercados de A. Latina, a la expectativa de tasas de Per�y Chile
| Titulares
| Reuters: "Mercados de A. Latina, a la expectativa de tasas de Per�y Chile"

FMI: REPRISE MONDIALE AU PREMIER SEMESTRE 2010!...REALLY?

Le FMI compte sur la reprise au premier semestre 2010 - L'�conomie en crise - Le Monde.fr: "Le FMI compte sur la reprise au premier semestre 2010"

JAPAN STIMULUS PACKAGE TO EXCEED 2%!...REALLY?

Aso Wants Japan Stimulus Package to Exceed 2% of GDP (Update2) - Bloomberg.com: "Aso Wants Japan Stimulus Package to Exceed 2% of GDP (Update2)"

EUROPE PRODUCER PRICES FALL HIGHLIGHT DEFLATION RISK!

European February Producer Prices Fall More Than Expected - Bloomberg.com: "European February Producer Prices Fall More Than Expected"

UK: A HUGE GROWTH FORECAST ERROR?

FT.com / UK - Darling set to admit forecast error: "Darling set to admit forecast error"

S&P 500 STEEPEST RALLY SINCE 1938 MAY DISSIPATE!...WHAT?

S&P 500 Can’t See Enough Money in Final Quarter to Feed Rally - Bloomberg.com: "S&P 500 Can’t See Enough Money in Final Quarter to Feed Rally"

WORLD CRISIS' WEEKLY WRAP-UP: (March 30 -- April 03)

WORLD CRISIS WEEKLY WRAP-UP!   

(Last Week.... March 30 -- April 03)

G-20 Background. 

What to expect from last week's Summit. The Markets behaved great, but the world economy is deteriorating very fast!

-----Is it possible that the worst of this crisis be over? Financial Markets have been mostly positive for the past 4 weeks, with the lower volatility index underlining all the optimism (see the story below please). I think however that the damage is done and a recovery is still very far from our global regulators  reach, notwithstanding the fiscal and monetary expansionary steps they have taken! -----What is your conclusion from last week's selected news (below)?

-----(UPDATE 1 OF 3)-----

• G-20: NEW WORLD ORDER?..LESSER ROLE FOR U.S., MARKETS?
• IMF: $I TRILLION FOR GLOBAL RESCUES! ...WOW!
• US WEEKLY JOBLESS UP TO HIGHEST SINCE 1982!
• CHINA MANUFACTURING EXPANDS!...WEIRD?
• EUROPE CUTS RATE...AND DISAPPOINTS!
• G-20: RÉGULATION DE LA FINANCE!
• UK HOUSE PRICES UP!...WEIRD?
• US MANUFACTURING SHRINKS AT SLOWER PACE!
• GLOBAL ECONOMIC SLIDE MAY BE SUBSIDING!...REALLY?
• OBAMA: BANKRUPTCY FOR GM, CHRYSLER...BEST OPTION!
• EUROPE MANUFACTURING DOWN, DOWN, DOWN!
• EUROPE UNEMPLOYMENT UP, UP, UP!
• ASIA ECONOMY DEEPENS AS JAPAN TANKAN TUMBLES!
• MONDE: RISQUE DE DÉFLATION!
• MEXICO PREPARED TO TAKE 40 B CREDIT LINE FROM IMF!...
• GERMAN UNEMPLOYMENT UP FOR 5TH MONTH!
• US FINANCIAL RESCUE APPROACHES ITS GDP LEVEL!...WH...
• RUSSIA TO CONTRACT 4.5% THIS YEAR!
• AUSTRALIA'S RECESSION THIS YEAR?
• JAPAN JOBLESS JUMPS TO 3-YEAR HIGH!
• IRELAND LOSSES RATING, JOINS SPAIN, PORTUGAL, GREECE EURO-ZONE DOWNGRADES!
• SOME US BANKS NEED "LARGE AMOUNTS" OF AID!
• G-20: ¿MERCADOS INOCENTES?
• THE DOLLAR IS HERE TO STAY!...YES!
• UNEMPLOYMENT: DOUBLE DIGIT NUMBERS LOOM!
• G20 IN LONDON FOR SUMMIT. WORLD RECESSION AND REFORMOF THE IMF.

• MEXICO 1st IN IMF OFFER OF A FLEXIBLE CREDIT LINE OF UP TO $47 BILLION (NO STRINGS ATTACHED). 
• IADB  AGREED TO INCREASE MORE CAPITAL TO EXPAND LENDING. IT CAN ONLY LEND $8 B A YEAR. 
• UNIVERSITY OF TORONTO SAID 1,300 GOV COMPUTERS IN 103 COUNTRIES WITH SPYWARE. CHINA TO BLAME. 
• HUNGARY’S SOCIALISTS PICKED GORDON BAJNAI, TO REPLACE FERENC GYURCSANY AS PRIME MINISTER.
• NETANYAHU ISRAEL’S PRIME MINISTER IN A COALITION.
• GM, CHRYSLER INADEQUATE PLANS. OBAMA: BANKRUPTCY BEST. GM GIVEN 60 DAYS.
• BARCLAYS DOES NOT NEED THE BRITISH ASSET-PROTECTION SCHEME.
• UK RESCUE OF DUNFERMLINE BUILDING SOCIETY, A SCOTTISH MUTUAL LENDER. 
• SPAIN $12 B RESCUED CAJA CASTILLA LA MANCHA. 1ST TO BE BAILED OUT IN 16 YEARS. MORE TO COME.
• SWISS RE, WORLD’S 2ND-BIGGEST REINSURER, TO CUT 10% OF ITS GLOBAL WORKFORCE.
• OECD GRIM OUTLOOK: 30 COUNTRIES'S GDP's  -4.3% THIS YEAR.US -4%, EURO AREA’S -4.1%, JAPAN’S -6.6%. 
• WORLD BANK UPDATED FORECAST FOR THE WORLD ECONOMY,TO SHRINK BY 1.7% IN 2009.
• HOUSING OK?: US PENDING HOME-SALES +2.1% IN FEB (MTHLY). UK HOUSE PRICES + 0.9% MARCH $217,000. 
• MIXED JAPAN. TANKAN LARGE MANUFACTURERS SENTIMENT -58, LOWEST IN HISTORY SINCE 1974. 
• US FED BOUGHT $6 B OF 3 TO 4 YEAR TREASURIES ON APRIL 1ST.PART OF PLANS TO BUY OVER $300 B TO LOWER RATES.
• SK EXPORTS -21.2% IN MARCH Y-ON-Y. TO CHINA, MAIN MARKET, -17.2%, 20 DAYS OF MARCH.IMPORTS -36%.
• BRAZIL’S INDUSTRIAL OUTPUT PLUMMETS -17% LOWER IN FEB THAN A YEAR EARLIER.
• INDIA’S EXPORTS -21.7% Y-TO-FEB. IMPORTS -23%, TRADE DEFICIT NARROWED, TO $4.9 B.

US OBAMA TESTED BY NORTH KOREA MISSILE LAUNCH!

U.S. Will Ask for Tougher UN Sanctions on North Korea (Update1) - Bloomberg.com: "U.S. Will Ask for Tougher UN Sanctions on North Korea (Update1)"

WORLD ECONOMY THIS WEEK...GULP (Agenda April 06--April 10, 2009)

AHEAD OF  THE CURVE! 

UPCOMING THIS WEEK: POLITICS AND ECONOMY: ---EVENTS THAT MAY MOVE GLOBAL FINANCIAL MARKETS(Update 1 of 3)--- 

(April 06 -- April 10,  2009)---Outstanding Events That May Move Global Financial Markets:

WORLD MARKETS----Dollar Recovery, Possible?, ----Oil, Gasoline and Food Prices---NORTH AMÉRICA: ***United States: Consumer Credit (06); ABC Consumer Confidence (07); Mortgage Applications (08); Wholesale Inventories (08); FED FOMC Meeting Minutes (08); Trade Balance (09); Imports Inflation (09); Monthly Budget Statement (10);   ;  ;  México: Confianza del Consumidor (06); Indicadores Compuestos: Coincidente y Adelantado (07); Balanza Comercial (08);  ; Canada: Purchasing Managers Index (06); Unemployment Rate (09);  Trade Balance (09) ; -----EUROPE;;  Britain: Industrial Production (06); Consumer Confidence (07); GDP Estimate (07); Industrial Production (07); Producer Inflation (09); BOE Rate Decision (09);     ;   ;   Switzerland: Unemployment Rate (09); ;  ; Euro-Zone: Investor Confidence (06); Producer Inflation (06); Retail Sales (06); GDP (07); Household Consumption (07);ECB Monthly Report (09);    ; France: Inflation (10); Industrial Production (10);   ;  Germany: Current Account (08); Trade Balance (08); Exports (08); Inflation (09); Industrial Production (09);  Producer Inflation (10);  ;  Italy: Industrial Production (09);    ;---ASIA, PACIFIC: ---Japan: BOJ Regular Policy Board Meeting (Sunday 05); BOJ Rate Decision (06); Leading Index (06); Coincident Index (06); Current Account (07); Trade Balance (07); Economic Watchers Survey, Current and Outlook (08); Machine Orders (08); Foreign Buying. Selling of Japan's Stocks & Bonds (07); BOJ Monthly Report (08); BOJ Rate Minutes (09); Bank Lending (09);   ;  ;Australia; RBA Rate Decision (07); Consumer Confidence (08); Unemployment Rate (09);   ; -- New Zealand: Manufacturing Index (09);  ;  ; ----: ;----

---OUTSTANDING--- :

United States: FOMC Meeting Minutes; Trade Balance; Monthly Budget Statement; México: Indicadores Compuesto y Adelantado; United Kingdom: BOE Rate Decision; GDP Estimate; Euro-Zone: GDP; ECB Monthly Report;Germany; Trade Balance; Industrial Production;  Japan;BOJ Rate Decision; Australia: RBA Rate Decision 

SUNDAY 05: 

MONDAY 06: 

United States: Consumer Credit;

Japan: Rate Decision; Leading & Coincident Index

Euro-Zone: Investor Confidence; 

México: Confianza del Consumidor  

TUESDAY 07: 

Euro-Zone: GDP

United Kingdom: GDP Estimate;

México: Indicadores Compuesto y Adelantado

Australia: RBA Rate Decision; 

WEDNESDAY 08: 

United States: FED Rate Decision Minutes; 

Germany: Trade Balance;

México: Balanza Comercial; 

THURSDAY 09: 

United States: Trade Balance  

Japan: BOJ Rate Minutes; 

Euro-Zone: ECB Monthly Report

Germany; Industrial Production

Canada; Unemployment Rate

United Kingdom: Rate Decision

Switzerland: Unemployment Rate 

Australia: Unemployment Rate

FRIDAY 10: 

France: Industrial Production

SATURDAY 11: 

SUNDAY 12: 

---------º---------

US ECONOMY THIS WEEK...GULP! (Agenda April 06 -- April 10, 2009)

Trade Gap Probably Held at Six-Year Low: U.S. Economy Preview - Bloomberg.com: "Trade Gap Probably Held at Six-Year Low: U.S. Economy Preview"