Message-ID: <10293204.1075849647685.JavaMail.evans@thyme> Date: Fri, 11 May 2001 07:09:00 -0700 (PDT) From: soblander@carrfut.com To: soblander@carrfut.com Subject: Weekly calendar Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: SOblander@carrfut.com X-To: soblander@carrfut.com X-cc: X-bcc: X-Folder: \John_Griffith_Nov2001\Notes Folders\All documents X-Origin: GRIFFITH-J X-FileName: jgriffit.nsf While markets digest the impact of the ECB's surprising, but apparently credibility damaging interest rate cut on both European asset markets and the euro, the Fed will rub salt into the wounds this week with another aggressive ease in policy. Although this may be the last ease this year, recent market moves suggest that the Fed has done enough to support hopes of a recovery in H2. The ECB in contrast, by last week's price action, still has some way to go, leaving EUR/USD vulnerable to new lows in the very short term. (See attached file: wcal010514.pdf) Carr Futures 150 S. Wacker Dr., Suite 1500 Chicago, IL 60606 USA Tel: 312-368-6149 Fax: 312-368-2281 soblander@carrfut.com http://www.carrfut.com - wcal010514.pdf