FOREX ECONOMIC CALENDAR

Date Time * Source Description Forecast Previous 5/9/2008 01:30 AUS Reserve Bank Quarterly Monetary Policy Statement n/a n/a 5/9/2008 05:00 JPN Leading Economic Index na 54.5% 5/9/2008 05:00 JPN Coincident Index 33.3% 70.0% 5/9/2008 11:00 CA Unemployment Rate 6.0% 6.0% 5/9/2008 12:30 CA International Merchandise Trade C$ 4.5 C$ 4.9 5/9/2008 12:30 US Trade Balance $-60.5 B $-62.3 B 5/11/2008 23:50 JPN Broad Liquidity (YoY) n/a 3.1% 5/12/2008 01:30 AUS Home Loans n/a -5.9% 5/12/2008 04:30 JPN Bankruptcies (YoY) n/a 8.0% 5/12/2008 05:00 JPN Eco Watchers Survey: Current n/a 36.9 5/12/2008 06:00 JPN Machine Tool Orders (YoY) n/a 3.3% 5/12/2008 08:30 UK Total Trade Balance (GBP/Mn) n/a -GBP4439 5/12/2008 12:30 CA New Housing Price Index MoM 0.3% 0.3% 5/12/2008 18:00 US Monthly Budget Statement $155.0B n/a 5/12/2008 22:45 NZ Food Prices (MoM) n/a 0.7% 5/12/2008 23:01 UK BRC April Retail Sales Monitor n/a n/a 5/13/2008 01:30 AUS NAB Business Conditions n/a 7 5/13/2008 08:30 UK CPI (YoY) n/a 2.5% 5/13/2008 12:30 US Advance Retail Sales 0.1% 0.2% 5/13/2008 14:00 US IBD/TIPP Economic Optimism n/a 39.2 5/13/2008 21:00 US ABC Consumer Confidence n/a n/a 5/13/2008 23:50 JPN Current Account Total n/a Yen2467.7B 5/14/2008 00:30 AUS Westpac Consumer Confidence n/a -1.3% 5/14/2008 01:30 AUS Wage Cost Index YoY n/a 4.2% 5/14/2008 03:00 NZ Non Resident Bond Holdings n/a 76.8% 5/14/2008 08:30 UK Claimant Count Rate n/a 2.5% 5/14/2008 09:00 EU Euro-Zone Ind. Prod. wda (YoY) 2.9% n/a 5/14/2008 09:30 UK Bank of England Quarterly Inflation Report n/a n/a 5/14/2008 11:00 US Bloomberg Global Confidence n/a 14.54 5/14/2008 12:30 US CPI (YoY) 3.9% 4.0% 5/14/2008 22:45 NZ Retail Sales (MoM) n/a -0.7% 5/14/2008 23:50 JPN Machine Orders YoY% n/a 2.4% 5/15/2008 00:00 NZ Business NZ PMI n/a 48.3 5/15/2008 00:30 AUS Consumer Inflation Expectation n/a 11.2% 5/15/2008 01:30 AUS Average Weekly Wages (YoY) n/a 4.7% 5/15/2008 06:00 EU German CPI (YoY) n/a 2.4% 5/15/2008 09:00 AUS Reserve Bank Governor Stevens Gives Speech in Sydney n/a n/a 5/15/2008 10:00 EU Euro-Zone CPI (YoY) n/a 3.6% 5/15/2008 12:30 US Initial Jobless Claims n/a n/a 5/15/2008 12:30 CA Manufacturing Shipments MoM -0.5% 1.6% 5/15/2008 12:30 US Continuing Claims n/a n/a 5/15/2008 12:30 US Empire Manufacturing 1.5 0.6 5/15/2008 13:00 US Total Net TIC Flows n/a $64.1B 5/15/2008 13:15 US Industrial Production -0.1% 0.3% 5/15/2008 14:00 US Philadelphia Fed. -20.0 -24.9 5/15/2008 17:00 US NAHB Housing Market Index 20 20 5/15/2008 22:45 NZ Producer Prices- Outputs (QoQ) n/a 1.5% 5/15/2008 23:50 JPN GDP Annualized 2.5% 3.5% 5/16/2008 04:30 JPN Industrial Production (YoY) n/a -0.4% 5/16/2008 05:00 JPN Consumer Confidence n/a 37.0 5/16/2008 06:00 EU EU 25 New Car Registrations n/a n/a 5/16/2008 06:00 JPN Machine Tool Orders (YoY) n/a n/a 5/16/2008 09:00 EU Euro-Zone Trade Balance n/a 0.8B 5/16/2008 12:30 CA New Motor Vehicle Sales MoM 0.1% -3.2% 5/16/2008 12:30 US Building Permits 915K 928K 5/16/2008 14:00 US U. of Michigan Confidence 63.0 62.6 5/19/2008 01:30 AUS Preliminary BoP Imports MoM sa n/a 1.0%

* Times listed are GMT