No signs of hope yet from credit market
Key test for market sentiment today with TARP vote up in the House and after US equities touched recent lows yesterday. MAJOR HEADLINES US Aug. Factory Orders fell -4.0% vs. -3.0% expected Australia Sep. AiG Performance of Service Industries rose to 44.9 from 39.3 in Aug. Switzerland Sep. CPI out at +0.1% vs. -0.1% expected THEMES TO WATCH – UPCOMING SESSION Key Risk Events (All times in GMT) Norway Sep. PMI (0700) Germany Final Sep. Services PMI (0755) EuroZone Final Sep. Services PMI (0800)
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