Posts Tagged Moller Maersk A/S

As  reported yesterday, Japan’s machinery orders rose 10.5% vs. 4.1% consensus in September. Bloomberg story: Japan Machine Orders Rise More Than Expected; Recovery May Last. Off course it sparked optimism for the bulls. Today Japan’s October producer prices came out at -6.7% vs. 6% consensus. This was 10th month in a row with negative figure. Bloomberg story: Japan’s Producer Prices Fall 6.7%, 10th Monthly Drop. Japan government bonds rose. Maybe a preview of the U.S. developments.

Interesting story on the U.S. budget in the WSJ: White House Aims to Cut Deficit With TARP Cash. Disregarding the nonsense on TARP repayment decreasing the budget deficit, the article offers some insights on the U.S. budget for the next year.