UNITED STATES
• Is it so hard to believe that the U.S. recovery, albeit slow and halting, is beginning?
• Payrolls and claims look better
• ‘Cash-for-clunkers’ boosted auto sales late-month…Senate extends its life
• Retailers suffer a dismal July
EUROPE
• ECB on hold, but Trichet sounds cautiously more optimistic, describing the pace of the Euro region’s contraction as “clearly slowing”
• BoE keeps rates unchanged,but £ falls as quantitative easing efforts extended…Asset Purchase Facilityboosted to £175 bln from£125 bln
• Is it so hard to believe that the U.S. recovery, albeit slow and halting, is beginning?
• Payrolls and claims look better
• ‘Cash-for-clunkers’ boosted auto sales late-month…Senate extends its life
• Retailers suffer a dismal July
EUROPE
• ECB on hold, but Trichet sounds cautiously more optimistic, describing the pace of the Euro region’s contraction as “clearly slowing”
• BoE keeps rates unchanged,but £ falls as quantitative easing efforts extended…Asset Purchase Facilityboosted to £175 bln from£125 bln
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