WORLD CRISIS : NEW ZEALAND 'S RATING MAY BE CUT!

New Zealand's AA Rating May Be Cut by S&P on Bank Sector - Bloomberg: "New Zealand's AA Rating May Be Cut by S&P on Bank Sector"

NEW ZEALAND RAISES RATE FOR 2nd MONTH!

New Zealand Raises Benchmark Rate for Second Month - Bloomberg: "New Zealand Raises Benchmark Rate for Second Month"

NEW ZEALAND RATE UP!...INFLATION THREAT?

New Zealand Raises Rate for First Time in Three Years (Update3) - Bloomberg.com: "New Zealand Raises Rate for First Time in Three Years (Update3)"

NEW ZEALAND LEAVES RATE AT RECORD LOW 2.5%, AMID "PATCHY" RECOVERY

N.Z. Leaves Key Rate at 2.5% Amid ‘Patchy’ Recovery (Update1) - Bloomberg.com: "N.Z. Leaves Key Rate at 2.5% Amid ‘Patchy’ Recovery (Update1)"

NEW ZEALAND JOBLESS RATE RISES TO 9-YEAR-HIGH 6%

New Zealand Jobless Rate Rises to Nine-Year-High 6% (Update2) - Bloomberg.com: "New Zealand Jobless Rate Rises to Nine-Year-High 6% (Update2)"

NEW ZEALAND KEEPS RATE UNCHANGED

New Zealand Leaves Key Rate Unchanged a Second Month (Update3) - Bloomberg.com: "New Zealand Leaves Key Rate Unchanged a Second Month (Update3)"

AUSTRALIA TO BE DRAGGED INTO RECESSION!

Rudd Says Australia to Be Dragged Into Recession (Update2) - Bloomberg.com: "Rudd Says Australia to Be Dragged Into Recession (Update2)"

THAILAND DECLARES STATE OF EMERGENCY!

Thailand Declares State of Emergency in Bangkok (Update2) - Bloomberg.com: "Thailand Declares State of Emergency in Bangkok (Update2)"

NEW ZEALAND SHRINKS 0.9%!

New Zealand Economy Shrinks 0.9% as Recession Deepens (Update2) - Bloomberg.com: "New Zealand Economy Shrinks 0.9% as Recession Deepens (Update2)"

WORLD AGENDA: MARCH 02 -- MARCH 06, 2009

AHEAD OF  THE CURVE! 

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

OUTSTANDING: (March 02--March 06, 2009)

United States:   Beige Book, Unemployment Rate;  Euro Zone:   ECB Rate Decision; GDP;   United Kingdom:   BOE Rate Decision;   Canada:   Rate Decision;  Australia:   Rate Decision

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SUNDAY 01: 

EUROPEAN UNION LEADERS TO MEET IN BRUSSELS TO DEAL WITH ECONOMIC CRISIS AND THREATENING PROTECTIONISM!

MONDAY 02: 

United States:  ISM Manufacturing

Euro-Zone: PMI Manufacturing; Budget Deficit;

Germany: PMI Manufacturing

Italy: Growth Rate (GDP)  

México: Encuesta (BANXICO) Sobre Expectativas Económicas del Sector Privado.

Canada: Growth Rate (GDP) 

Australia: Commodity Index 

TUESDAY 03:

United States: Pending Home Sales

Canada; Rate Decision

Switzerland: Growth Rate (GDP)

Australia: Rate Decision; 

WEDNESDAY 04:

United States: ISM Services; FED's Beige Book

Euro-Zone: PMI Services; Retail Sales; 

Japan: BOJ Suda Speaks; Capital Spending

Australia; Growth Rate (GDP)

New Zealand: Commodity Price Index

THURSDAY 05:

United States; Productivity; Factory Orders; 

Euro-Zone: Growth Rate (GDP); Rate Decision.

United Kingdom; Rate Decision

France: Unemployment Rate

FRIDAY 06:

United States; Unemployment Rate

SATURDAY 07:

SUNDAY 08: 

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AGENDA (Complete)

 (March 02--March 06, 2009)---Outstanding EventsThat May Move Global Financial Markets:

WORLD MARKETS----Dollar Recovery, Possible?, ----Oil, Gasoline and Food Prices---NORTH AMÉRICA: ***United States: Personal Spending (02); Personal Income (02); Personal Consumption Expenditure (02); Personal Consumption Expenditure Deflator (02); ISM Manufacturing (02); Construction Spending (02);Vehicle Sales (03); Pending Home Sales (03); ABC Consumer Confidence (03); Mortagage Applications (04); ISM Services, Composite (04); FED's Beige Book (04); Productivity and Unit Labor Costs (05); Factory Orders (05); Unemployment Rate (06); Consumer Credit (06);       México: Encuesta del Banco de México Sobre las Expectativas de los Especialistas en Economía del Sector Privado (02); Agregado de Tendencia (03); Confianza del Productor (03); Pedidos Manufactureros (03); Producción Manufacturera por Estado (03); Electricidad por Estado (03); Confianza del Consumidor (05);  ; Canada: GDP (02); BoC Rate Decision (03);  ; -----EUROPE;; Britain: PMI Manufacturing (02); Mortgage Approvals (02); Consumer Confidence (04); PMI Services (04); BOE Rate Decision (05); Producer Prices (06);   ; Switzerland: GDP (03); Inflation (06);   ; Euro-Zone: PMI Manufacturing (02); Inflation Estimate (02); Producer Inflation (03);PMI Composite (04); PMI Services (04); Retail Sales (04); GDP (05); Household Consumption (05); ECB Rate Decision (05);       France: PMI Manufacturing (02); PMI Services (04); Unemployment Rate (05);   Germany: PMI Manufacturing (02); Producer Inflation (06);   ; Italy: Annual GDP (02); Budget Deficit(02); PMI Services (04);  ;---ASIA, PACIFIC: ---Japan: Vehicle Sales (02); BOJ Suda Speaks (04); Capital Spending (04); Net Buying of Bonds and Stocks (japanese and Foreign);   ;Australia; Commodity Index (02); Retail Sales (03); Current Account Balance (03); RBA Rate decision (03) ; Services (03); GDP (04); Trade Balance (05);   ; -- New Zealand: Commodity Price Index (04); ; ----: ;----

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US STOCKS DOOOWN ON GRIM GDP NUMBERS!

Bloomberg.com:
Worldwide: "U.S. Stocks Fall, S&P 500 Drops to 12-Year Low; Citigroup Sinks"

UK ONE STEP CLOSER TO NATIONALIZING BANKS!...WHAT?

Bloomberg.com:
Currencies: "Darling Steps Closer to Nationalizing Britain’s Banks (Update1)"

ASIAN CURRENCIES:..WORST WEEK IN 4 MONTHS!

Bloomberg.com:
Currencies: "Asian Currencies: Korea Won, Taiwan Dollar Lead Weekly Declines"

AUSTRALIA'S ECONOMY...OK?

Bloomberg.com:
Economy: "Australia Central Bank Says Rate Cuts to Stoke Growth (Update2)"

AUSTRALIA CUTS RATE TO 45-YEAR-LOW!..WOW!

Bloomberg.com:
Economy: "Australia Cuts Key Interest Rate to 45-Year-Low 3.25% (Update3)"

US HOME SALES, LEADING INDICATORS UP!...WEIRD?

Bloomberg.com:
Worldwide: "U.S. Economy: Home Sales, Leading Indicators Unexpectedly Rise"

AUSTRALIA MAY CUT RATE BELOW 2% AMID RECESSION!..WOW!

Bloomberg.com:
Economy: "Australia May Cut Interest Rate Below 2%, Fraser Says (Update2)"

AUSTRALIA MANUFACTURING CONTRACTS FOR 7th MONTH!

Bloomberg.com:
Economy: "Australia’s Manufacturing Index Contracts for Seventh Month"

COMMODITY BOOM TURNS BUST IN 2008!

Bloomberg.com:
Worldwide: "Commodity Boom Turns Bust in 2008 as Worldwide Economy Crumbles"

NEW ZEALAND RECESSION WORSENS!

Bloomberg.com:
Economy: "New Zealand Economy Shrinks 0.4% as Recession Deepens (Update1)"