The Day Today

"The Day Today" - 10 Oct

The Fed are data dependent now, and, er, there isn’t any data…paralysis to persist until US debt ceiling – and shutdown – resolved. Unusual equity market response whereby cash prices aren’t moving much,

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"The Day Today" - 9 Oct

* World’s most important central bank looks set to get female boss, with White House confirming Yellen’s nomination (now she just has to make it through the confirmation process!)  http://on.ft.com/1bYo4Zp  http://on.wsj.com/19iekZJ

* WPT Debt Ceiling timeline {NSN MUD8WV3HBS3K<GO>}

* Weekly drop in US Economic Confidence largest since Lehman collapse http://bit.ly/GKPIP4

Ahead of FOMC Minutes tonight: * Plosser Says Delay in QE Tapering Undermined Fed Credibility {NSN MUD6WZ1A74E9<GO>} * Pianalto: Saw Enough Improvement For September QE Taper {NSN MUD0D76JIJUO<GO>} http://on.wsj.com/GKOy5Y

* Merkel to find coalition partner by Oct 22  {NSN MUD17O6TTDSU <go>} RTRS Germany http://bit.ly/GGdnQn * Weidmann warns low interest rates create risks,

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"The Day Today" - 8 Oct

* UK RICS house price balance jumps to highest since 2002 at +54 vs 45 exp and 40 prior * BRC retail sales fall back to weakest pace since April though,

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