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Monday, April 11, 2011

Bloomberg: Oil Falls From 30-Month High on IMF Forecast; U.S. Stocks Drop

Related News: U.S. · Asia
Oil Falls From 30-Month High on IMF Forecast; U.S. Stocks Drop
By Margot Habiby and Nikolaj Gammeltoft - Apr 12, 2011 5:08 AM GMT+0900

Oil fell from a 30-month high after the International Monetary Fund cut its growth forecasts for the U.S. and Japan, dragging down shares of energy producers and the Standard & Poor’s 500 Index. The difference between yields on Treasury 10-year notes and inflation-protected securities widened to the most in three years.

WSJ: Economists See Growth Accelerating Later in Year

ECONOMY|APRIL 11, 2011
Economists See Growth Accelerating Later in Year

By PHIL IZZO

The U.S. economic recovery is expected to gain momentum over the rest of the year, despite a sharp pullback in growth during the just-finished first quarter, according to economists surveyed by The Wall Street Journal.

Bloomberg: China Inflation Is `Somewhat Out of Control’ on Weak Currency, Soros Says

Related News: Asia · Commodities · Currencies · China · Funds · Economy · Retail
China Inflation Is `Somewhat Out of Control’ on Weak Currency, Soros Says
By John Detrixhe - Apr 11, 2011 1:02 PM GMT+0900

China’s decision to keep its currency weak has caused the government to lose control of inflation and risks fuelling wage-price gains, billionaire investor George Soros said.

Bloomberg: U.K.’s ‘Moderate’ Bank Report Calls for More Capital, Sales

Related News: Finance · Law · Europe · U.K. & Ireland · Bonds
U.K.’s ‘Moderate’ Bank Report Calls for More Capital, Sales
By Jon Menon and Gavin Finch - Apr 11, 2011 7:55 PM GMT+0900

The Independent Commission on Banking recommended the U.K.’s biggest banks should hold core Tier 1 capital levels of about 10 percent, implement plans for an orderly bankruptcy and ring-fence consumer units in what it termed a “moderate” set of proposals.

Sunday, April 10, 2011

Reuters: As worry list grows, G20 gets wonky

As worry list grows, G20 gets wonky
By Emily Kaiser
WASHINGTON | Sun Apr 10, 2011 4:59pm EDT

(Reuters) - While the world watches revolutions in the Arab world and a nuclear crisis in Japan, the Group of 20 is engrossed in an esoteric debate over something called indicative guidelines.

Bloomberg: Retail Sales in U.S. Probably Rose as Job Gains Overcame Surge in Gasoline

Related News: Economy · U.S. · Bonds · Currencies · Retail
Retail Sales in U.S. Probably Rose as Job Gains Overcame Surge in Gasoline
By Shobhana Chandra - Apr 11, 2011 12:25 AM GMT+0900

U.S. retail sales probably climbed in March, indicating an improving labor market is helping Americans cope with rising gasoline prices, economists said before a report this week.

S&P: CMBS: Risk Retention Guidelines; Rising Mall Vacanies

CMBS: Risk Retention Guidelines; Rising Mall Vacanies (00:12:44 min)

In this Standard & Poor's podcast, Managing Director Ted Burbage, of Investor Relations, and Managing Director Howard Esaki, of Structured Finance Research, discuss “qualified” collateral in risk retention proposals for commercial mortgage-backed securities (CMBS) and new data on mall vacancies.

Listen

Friday, April 8, 2011

Bloomberg: European Stress Tests to Examine Banks’ Readiness for Basel III

Related News: Europe · Germany · Finance · U.K. & Ireland · Currencies · Bonds · France · Economy · Italy
European Stress Tests to Examine Banks’ Readiness for Basel III
By Ben Moshinsky - Apr 8, 2011 8:01 AM GMT+0900

European regulators were criticized by German banks for a plan to incorporate into this year’s stress tests global capital standards that aren’t scheduled to be implemented for eight years.

WSJ: Europe's Rate Rise Signals End of Cheap-Money Era

WORLD NEWS|APRIL 8, 2011
Europe's Rate Rise Signals End of Cheap-Money Era

By BRIAN BLACKSTONE and DAVID WESSEL

The European Central Bank on Thursday became the first monetary authority in a major developed economy to raise interest rates since the global financial crisis struck—a sign that the long period of extraordinarily easy credit is beginning to come to a close.

Thursday, April 7, 2011

WSJ: ECB Raises Interest Rates

ECONOMY|APRIL 7, 2011, 5:15 P.M. ET
ECB Raises Interest Rates

By BRIAN BLACKSTONE

FRANKFURT—The European Central Bank raised interest rates for the first time in nearly three years Thursday, but sought to reassure investors that it won't embark on a rapid-fire series of increases that could disrupt fragile economies in parts of the euro bloc.