The Day Today

"The (Lehman RIP) Day Today" - 16 Sept

* Summers withdraws from the race to be Fed chairman after key Democrat senators, emboldened by Syria deference to Congress, warn he won’t pass muster {NSN MT7B286JIJUZ <go>} * WSJ: Other candidates aside from Yellen are Kohn,

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"The Day Today" - 12 Sept

* RBNZ become first G10 central bank to signal rate hikes: “OCR increases will likely be required next year…We expect to keep the OCR unchanged in 2013” http://bit.ly/13PPgqO * But Governor Wheeler tries to talk down the ccy: “Overvalued NZD is a problem…would like to see a weaker NZD” 

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"The Day Today," - 11 Sept

SYRIA

* Obama: Asks Congress to postpone a vote on military strike on Syria; Orders military to maintain its position to keep pressure on Assad; US is not the world’s policeman   {NSN MSY2H76TTDS1 <go>}

* France: Draft to UN Security Council to give Syria 15 days to declare chemical weapons

* WSJ: Obama Rescues Assad  http://on.wsj.com/14Enq3p

JAPAN

* Wholesale prices +2.4% YoY,

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"The Day Today" - 9 Sept

  • Chinese Premier Li writes in FT – ‘China will stay on the path of reform…we can no longer afford..the old model of high consumption and high investment’ and that 7% growth is the “lower limit” to ensure steady growth and employment  http://on.ft.com/1e7TAs2
  • Guardian: John Kerry careful not to rule out return to UN for Syria resolution http://bit.ly/1esEF9G

JAPAN

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