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Monday, March 24, 2008

Hong Kong Rate Cut Spark Pan-Asian Rally

In Hong Kong, the Monetary Authority followed the Fed in cutting the base rate for its discount window by 75 basis points, to 3.75%.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 09
24h Whit Monday 0
04:15 Manufacturing Sales 1 1.1%
19:30 Wholesale Inventories 1 0% 0%
21:00 3-Month Bill Auction 1 4.25%
21:00 6-Month Bill Auction 1 4.15%
Tuesday, Jun 10
04:31 BRC Like-For-Like Retail Sales (YoY) 2 2.7% 6.8%
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