Monday, May 19, 2008

Tennis Probe Finds 45 Suspicious Matches

We first talked about the story here. Chris Masse blogged the story here.

You can read the full update from Bloomberg here:

Tennis investigators found 45 matches in the past five years that need to be studied because of ``unusual betting patterns,'' the sport's governing bodies said.

The matches, identified in a study started in January, ``require further review to ascertain if they affected the integrity of professional tennis or if there were other tennis reasons for the outcome of the matches,'' the International Tennis Federation, the ATP Tour and the WTA Tour said in a news release.

Tennis had ordered the review to assess the threat posed by gambling after suspicious betting on a match involving fourth- ranked Nikolay Davydenko of Russia in August sparked an investigation. More than a dozen players said publicly last year that they were approached to throw matches and the men's ATP Tour suspended three Italian players for betting on matches.


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Friday, May 02, 2008

Non-Farm Payroll (NFP) Predictions for April

Consensus: -78k
ADP: 10k

Last: -80k

DailyFX on the number:

Nearly everyone in the market seems to agree that non-farm payrolls will fall for the fourth month in a row, but will the job losses be more severe than what has been reported over the past 3 months? Job growth has been a sore point for the US economy for sometime and in March, the labor market reported its worst performance since March 2003. Analysts are currently looking for a mild improvement, but we believe that the conditions in the US labor market will worsen. In fact, non-farm payrolls could have even drop by 100k last month given the level of layoff announcements that have been announced.

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