Archived IMT (2008.09.25)

by Ashraf Laidi

Sep 25, 2008 13:34

US data deteriorates across the board. JOBS (Weekly claims surged to 490K) DURABLES (-4.5% vs exp -1.9%). We stick with expectations of INTERMEETING RATE CUT prior to Oct 29. CHF seen as the broadest winner today.

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