Oh dear.
EURO HITS 8 1/2-MONTH LOW OF $1.3567 – REUTERS DATA
Now that can’t entirely be blamed on the Greek bail out damp squib.
Elsewhere on Friday morning…
EURO ZONE Q4 2009 GDP ESTIMATED AT +0.1 PCT QTR/QTR – EUROSTAT (REUTERS POLL FORECAST +0.3 PCT)
EURO ZONE Q4 2009 GDP ESTIMATED AT -2.1 PCT YR/YR – EUROSTAT (REUTERS POLL FORECAST -1.9 PCT)
EURO ZONE Q3 2009 GDP CONFIRMED AT +0.4 PCT QTR/QTR, -4.0 PCT YR/YR – EUROSTAT
And…
GREEK Q4 GDP -2.6 PCT Y/Y VS -1.7 PCT IN Q3- FLASH ESTIMATE
GREEK Q4 GDP -0.8 PCT Q/Q VS -0.4 PCT IN Q3- FLASH ESTIMATE
GREEK Q1, Q2, Q3 GDP REVISED DOWN-STATS SERVICE
GREEK Q1 GDP REVISED DOWN TO -1.0 PCT Y/Y FROM -0.5 PCT, Q2 TO -1.9 FROM -1.2, Q3 TO -2.5 FROM -1.7
And last but by no means least:
CHINA’S CENTRAL BANK RAISES RESERVE REQUIREMENTS
CHINA’S CENTRAL BANK RAISES RESERVE REQUIREMENTS BY 0.5 PCT PTS
Time for the tin hat?
Related links:
Euro rise *alert* – FT Alphaville
Let’s throw a concert for Greece – FT Alphaville