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Wednesday, December 9, 2009

RIL says no plans to buy LyondellBasell debt

Reliance Industries said on Wednesday it had no plans to buy any debt of LyondellBasell Industries. On Wednesday, a newspaper had reported Reliance was expected to buy out some of the bankrupt petrochemical company's debt.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jun 12
18:00 Initial Jobless Claims 4-week average 1 240.25K 235.25K Revised from 235.00K
18:00 Producer Price Index (MoM) 2 0.1% 0.2% -0.2% Revised from -0.5%
18:00 Producer Price Index ex Food & Energy (MoM) 2 0.1% 0.3% -0.2% Revised from -0.4%
18:00 Producer Price Index ex Food & Energy (YoY) 3 3.0% 3.1% 3.2% Revised from 3.1%
18:00 Producer Price Index (YoY) 2 2.6% 2.6% 2.5% Revised from 2.4%
20:00 EIA Natural Gas Storage Change 1 108B 122B
21:00 4-Week Bill Auction 1 4.17%
21:30 USDA WASDE Report 1
22:30 30-Year Bond Auction 1 4.819%
Friday, Jun 13
04:00 Business NZ PMI 2 53.9
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