Week of October 9, 2011 thru October 15, 2011

US News Events Calendar

--Meetings & Events of Interest to Subscribers



15-Oct 1450/1050 Treasury Secretary Tim Geithner press conference following G20 meeting in Paris.

17-Oct 2330/1930 Richmond Federal Reserve Bank President Jeffrey Lacker speech on economic outlook to the Salisbury- Wicomico Economic Development Annual Meeting in Salisbury, Md.

17-Oct 2400/2000 Chicago Federal Reserve Bank President Charles Evans speech on monetary policy and the economic outlook to the Michigan Economic Summit.

18-Oct 1715/1315 Federal Reserve C

Credit Default Swaps: IG17 Narrows Despite Many Global Risks

CHICAGO, Oct 14 (MNI) - The benchmark index on investment grade U.S. credit default swaps or IG17 narrowed Friday despite multiple global risks.

The IG17 gapped open a tighter at 130.55 basis points versus Thursday's 3:00 p.m. ET close of 132.50 bps and the 5:00 p.m. ET close of 131.875 bps. The intraday range

US Debt Offering, Auction Calendar for Tsy and Agency Issues

October 14

Source: U.S. Treasury, Fannie Mae, Freddie Mac Amounts in billions of U.S.

Talk From The Trenches: American Consumer Not Showing Ennui

NEW YORK, Oct 14 (MNI) - The Treasury market got some very nice fundamental news Friday when retail sales came in stronger-than-expected and economists breathed a sigh of relief.

TheFXSpot: US Data Bolsters Risk, EZ Crisis Solution Still Key

NEW YORK, Oct 14 (MNI) - Mixed but overall positive U.S. data served to underpin risk appetite Friday, but with lingering questions about how Eurozone officials will try to solve the peripheral debt crisis, risk assets did not climb too far.

US Swaptions: Steady/Firmer Ahead G20, Gamma Off Early Lows

CHICAGO, Oct 14 (MNI) - Similar to the prior session, over-the-counter swaption volatility started off weaker Friday in gamma on short tails but firmed as the rather muted session ground on.

US's Geithner Continues Pressure on Europe to Avert Crisis

PARIS (MNI) - As finance ministers and central bankers from the Group of 20 nations gathered to prepare for an early November G20 leaders summit, Treasury Secretary Timothy Geithner continued to push for action to resolve the European debt crisis.

With a crucial summit of European leaders less than two weeks away, Geithner said they must act to enhance a bail-out fund to help not only Greece, but any other European debtor country that might need aid.

Update:France Data: MNI Econ Forecasts Survey Oct 17 to 21

--adds forecasts to version transmitted at 16:37 GMT Friday

Oct FR Business Climate - Industry Survey

Median Forecast 98.0 High forecast 98.0 Low forecast 96.0 Previous period 99 - Nr of responses 7 -

ABN Amro 98.0 BNP Paribas 97.0 Capital Economics 97.0 Commerzbank 98.0 DZ Bank 96.0 Societe Generale 98.0 UBS 98.0 West LB 98.0


Germany Data: MNI Survey Of Econ Data Forecasts Oct 17 to 21

Oct Oct Sep Sep DE DE DE DE ZEW ZEW PPI PPI Economic Current % % Sentiment Condition m/m y/y

Median Forecast -45.0 39.8 0.2 5.3 High forecast -35.0 43.6 0.4 5.7 Low forecast -48.3 33.6 -0.5 4.7 Previous period -43.3 43.6 -0.3 5.5 - Nr of responses 16 8 9 8 -

Update: Germany Data: MNI Econ Forecasts Survey Oct 17 to 21

--adds forecasts to version transmitted at 16:37 GMT Friday

Oct Oct Oct DE DE DE Ifo Ifo Ifo Business Current Expectation Climate Situation