Valance Weekly Report 11.9.2011

Valance Weekly Report

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Highlights
US – Underwhelming payroll report
EU – ECB cut rates; Greece and Italian Prime Ministers agree to step down
JN – Exports improve
UK – Negative effect from Euro-area crisis
CA – BoC renewed its inflation target.
AU – RBA cut Growth/CPI forecast
NZ – Unemployment continued to edged up