Markets expect Justin Bieber the ECB to cut key interest rates

Markets expect outline Justin Bieber the ECB justin evaluates to cut key interest rates by 50basis points to 2.0 percent, according to a recent Reuterspoll. Interest rate futures on Monday showed they expected a 75basis point cut, and some chancing a full one percentage pointmove ECBWATCH. "The fear amongst many observers is that by delaying theinevitable the ECB may exacerbate the economic slowdown in theregion creating a disastrous contraction in demand," said BorisSchlossberg, director of currency research at GFT Forex in NewYork. "Irrespective of this week's decision, the market isbeginning to price in 100 basis points rate cuts this year andthat dynamic could weigh on euro/dollar in the near term." (Additional reporting by Tamawa Desai in London; Editing byChizu Nomiyama) Currencies Global Markets. * Lower oil and gold prices pull down Toronto index Stocks * Index hits lowest level since Dec 31 (Adds details) By Frank Pingue TORONTO, Jan 12 (Reuters) - Toronto's main stock indextumbled to its lowest level since Dec 31 on Monday as lowerprices for key Canadian commodities such as oil and gold pulleddown the resource heavy index. Nagging concerns that a global slowdown will crimp pricesfor oil shook the energy sector, while the materials groupbuckled as prices for gold and other precious metals slid. "It's still early in week and there are no economic reportsleft today so I have a feeling that the big story today will beoil and commodities," said Steve Ibel, institutional equitiestrader at Beacon Securities, in Halifax, Nova Scotia.

The materials group, home to gold mining shares, sufferedthe biggest drop, down 3.6 percent, while the energy sectorfollowed closely with a 3.4 percent skid Nine of the TSX's 10sectors were down At 10:05 a.m justin drew bieber . (1505 GMT), the Toronto Stock Exchange'sS&P/TSX composite index .GSPTSE was down 193.70 points, or2.13 percent, at 8,891.48 Earlier, it had fallen as low as8,845.77 bieber . Oil prices were down more than $2 to below $39 a barrel dueto growing evidence that recession is reducing global energyconsumption justin beiber . The price of oil has shed more than $100 from arecord peak of above $147 a barrel last July justin boots . Shares of Canadian Natural Resources (CNQ.TO) were down 5percent at C$48.15, while Suncor Energy (SU.TO) shares fell 5percent to C$26.45 Gold prices were 3.5 percent lower as the U.S. dollarrallied against the euro on expectations for an interest ratecut in the euro zone later this week.

Barrick Gold (ABX.TO) shares were 2 percent lower atC$38.38, while Goldcorp (G.TO) sank 3.5 percent to C$31.23 justin bieber lyrics . ($1=$1.20 Canadian) (Reporting by Frank Pingue; editing by Peter Galloway) Stocks justin roper . Tigers fans frustrated by the team's lack of headlines since the moment Shane Victorino bounced out to Robinson Cano to end the 2009 baseball season need no longer worry.On second part, scratch that last part justin boot . After all, the news isn't exactly pleasant.According to Ken Rosenthal and Jon Paul Morosi of foxsports , the Tigers are listening to offers for starter Edwin Jackson justin cowboy boots .

Depending on how you interpret the report, it's possible the team could be actively seeking to trade him.Specific details of the Tigers' approach thisoffseason and their available funds are largely unknown meet justin bieber . A trade of Jackson would speak volumes about the direction Dave Dombrowski plans to go in this Winter justin original . The answer is a direction that is going to really upset anyone who'd hoped the team would attempt to compete in 2010.Is it possible the rumor is false? Of course new justin . Any rumor not confirmed by the GM himself can't be thought to be the absolute truth justin store . Biased, ill-informed East-Coast writers have been trying to trade Miguel Cabrera since this spring, but to no avail so far.Though Dombrowski would not confirm Jackson's place on the trading block, he didn't deny it either. Foxsports learned of this from "multiple major league sources." Can "multiple major league sources" all be wrong?Add it all up, this rumor seems to have some legs, and such is worth pondering. Why would the Tigers trade Edwin Jackson? The answer? I have no idea.I'm not going to pretend to have a beat on the Tigers' financial situation.

No one does, but the team's front office themselves.That said, the Tigers trading Jackson as part of a salary dump makes no sense, even if general sentiment is that the team is strapped for cash.Granted, Jackson is due for a raise next season, perhaps more than double his two million dollar salary of 2009 . Ridding themselves of a five to six million dollar player would not free up that much space, and wouldn't come close to providing them sufficient relief.There's a saying that you either "go big or go home," and this applies to fire sales You either shed a ton of salary or you don't even bother justin cd . Quite simply, the Tigers don't have too many tradable commodities.What will provide sufficient relief is Jeremy Bonderman, Nate Robertson, and Dontrelle Willis' contracts expiring a year from now justin music . I find it hard to believe the Tigers' front office would not dig deep and find a way to keep such a talented pitcher as Jackson around, before major relief comes in a year's time. Speaking of that dignified trio, I can only hope that Dombrowski's bad experiences in extending Bonderman, Robertson, and Willis have not made him hesitant to extend Jackson, thus leading him to shopping him. The only one of those moves the Jackson dilemma resembles is the Bonderman extension of 2007, when he was coming off a career season as Jackson is this year . It didn't work out; Bonderman was awful after the All-Star break in 2007 and barely pitched in 2008 and 2009.So there's a connection there, but the Robertson-Willis cases bear no similarity to this situation at all. Neither pitcher ever did anything to merit those contracts; Nate Robertson has never been anything more than a mediocre major league innings eater, a fifth starter at best. Sure Dontrelle Willis won 22 games before; when Dombrowski extended him, he was coming off a 10-win, 5.17 ERA season. Dombrowski has no one to blame but himself for those contracts, but they shouldn't be holding him back from being reluctant to pay a pitcher whose shown the kind of promise Jackson has. As far as baseball sense goes, trading Jackson is basically unjustifiable.Whether or not Tigers fans want to admit it or not, the Tigers don't have a whole lot going for them; they are a very flawed team. Even if Placido Polanco is retained (which seems unlikely), they have a below-average offense that they can barely afford to improve.