The Day Today 6 Nov 2013

* Much better NZ Employment: +1.2% QoQ vs 0.5% exp and 0.4% prior

* Fed to lower the unemployment threshold to offset any taper? Hilsenrath in WSJ flags new study by Bill English, to be presented at IMF meeting Friday http://on.wsj.com/1bWQB0a
* Fed’s Williams disappointed that he’s not seeing the pick-up in data he expected, and he doesn’t see where growth will come from next year {fifw NSN MVTETT6JIJUT <go>}
* UK IP bounces back from last month’s disappointment, 0.9% MoM /2.2% YoY vs 0.6/1.8e and -1.1/-1.5p
* Italy FinMin on the wires again, trying to do the ECB’s job for them: “Surely the European Central bank is taking care of all those factors…[inflation] is remarkably below the ECB inflation targets, and it is an important indication of the ECB future policy” http://on.wsj.com/18YfaXt
* BOJ Minutes: CPI increase may pause; fiscal reform stance may be weakening; economy is recovering moderately  {fifw NSN MVTEWM6K50Y2 <go>}

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