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EURUSD is through session low

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(H2) Corrective Cycle

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BLOCKs, March 10Y Put Spds

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                      Dec 15    Dec 15    Dec 15
------------------------------------------------
                      Empire
                         Mfg  Industrl  Capacity
                      Survey  Productn   Utilizn
Data For                 Dec       Nov       Nov
Denomination               %         %         %
Median Forecast **      17.5       0.3      77.2
High Forecast           20.0       0.8      77.5
Low Forecast            14.7       0.0      77.1
Mean                    17.0       0.3      77.3
Standard Deviation       1.8       0.2       0.1
No. of Responses           7        17        16
Amherst Pierpont          NA       0.3      77.2
Bank of the West        18.0       0.3      77.1
BMO                       NA       0.4      77.3
Capital Economics       15.0       0.3      77.2
CIBC                      NA       0.1      77.1
Comerica Bank             NA       0.3      77.3
Credit Suisse             NA       0.4      77.3
Deutsche Bank           17.5       0.2      77.2
FT Advisors             14.7       0.3      77.2
Goldman Sachs             NA       0.8      77.5
Morgan Stanley            NA       0.3      77.2
Natwest                   NA        NA        NA
NTL Bank Canada           NA       0.0        NA
RBC                     18.0       0.4      77.3
SocGen                    NA       0.2      77.1
Stone McCarthy            NA       0.6      77.4
UBS                     16.0       0.6      77.4
UMaryland               20.0       0.3      77.2
     
** Note: The survey median is compiled solely from the forecasts listed above
and is not intended to represent a market consensus.
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
[TOPICS: MTABLE,M$U$$$]
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