Previously on
MoreLiver’s:
Roundups
News
roundup – Between
The Hedges
The 6am Cut
London – alphaville
/ FT
Emerging
Markets Headlines – beyondbrics / FT
Reference
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
Economic
Calendar – Forexpros
MORNING BRIEFINGS
As the US prepares for Hurricane Sandy we
prepare for the week ahead, with new home loans in the UK expected to rise in September. Household
incomes in the US are forecast to improve, while
inflation in Germany is likely to edge slightly lower.
Today’s
Asian session kicked off with participants having one eye on tracking the path
of Hurricane Sandy and the other on tomorrow’s Bank of Japan meeting. Activity
was relatively subdued in both respects with USDJPY holding below the 80.0
mark.
Market Preview: Eyes on German CPI – Saxo Bank
European markets are expected to open mostly lower Monday amid concerns over a slew of disappointing corporate results. Meanwhile, markets are keeping an eye on German CPI and US personal income and spending data due later today.
Market Preview: Eyes on German CPI – Saxo Bank
European markets are expected to open mostly lower Monday amid concerns over a slew of disappointing corporate results. Meanwhile, markets are keeping an eye on German CPI and US personal income and spending data due later today.
Danske Daily – Danske
Bank (pdf)
Key news: US equity trading closes ahead of
hurricane Sandy approaching New Jersey. Draghi endorses German proposal
for control with national fiscal policies. Focus today on the impact of Sandy, retail sales in Sweden, Rajoy-Monti meeting. Market movers
today: SEK: Retail sales, GBP: Mortgage approvals, USD: Equity markets
closed due to hurricane Sandy; personal spending, EUR: Rajoy and
Monti meeting in Madrid, JPY: Bank of Japan meeting starts
USA:n taloudessa odotettu 2% kasvu * Japanin keskuspankilta
odotetaan lisäelvytystä * Yritysten odotuksista jääneet tulokset painoivat
Saksan korkoja
Aamukatsaus – Tapiola (pdf)
Aamukatsaus – Tapiola (pdf)
Markkinan suunta: Markkinan valuminen pysähtyi, kun USA:n Q3
BKT kasvu positiivinen yllätys perjantaina. Osakefutuurit nyt miinuksella,
indikoiden laskuavausta pörssiin. 3Q12-tuloskauden ”välitilinpäätös” – tulokset
olleet linjassa odotusten kanssa: Liikevaihdot hieman ylittäneet odotukset ja
raportoidut tulokset marginaalisesti alittaneet. Tulokset ilman
kertakustannuksia todennäköisesti hyvinkin linjassa odotusten kanssa.
Morning Briefing (EU/US): Oil change – BNY Mellon
Morning Briefing (EU/US): Oil change – BNY Mellon
Global
demand notwithstanding, Oil’s slide post QEIII hints at a state of flux in the
market
Markkinakalenteri – Nordnet
Markkinakalenteri – Taloussanomat
EUROPE
How much of the “improvement” in peripheral EZ
sovereign creditworthiness is actually due to the CDS short selling ban? – Bond
Vigilantes
UNITED STATES
On Coordinated Monetary and Fiscal Policy – Tim
Duy’s Fed Watch
Moreover, I
would find it unlikely that we pass through another two or more years of zero
interest rates without seeing capital mis-allocations, assets bubbles, and
excessive risk taking. In such an
environment, I don't think the Fed is going to be particularly successful in
moving the economy off the zero bound without triggering a fresh
recession.
UNITED
STATES: HURRICANE SANDY
NYSE
Euronext and Nasdaq: markets to close Monday, possibly also Tuesday – alphaville
/ FT
Bracing for
Storm, U.S. Stock Markets to Close – DealBook
/ NYT
Markets Go Dark Ahead of Storm – WSJ
Markets Go Dark Ahead of Storm – WSJ
Citigroup,
Goldman Sachs Shut Some NYC Offices for Storm – BB
Traders
Brace for ‘Frankenstorm’ – MarketBeat
/ WSJ
Wall Street
Prepares to Work From Home as Storm Approaches – DealBook
/ NYT
ASIA
The RBA – leaning against the wind – alphaville
/ FT
Is the Reserve Bank of Australia intervening in the market to hold down the remarkably resilient Aussie dollar?
Is the Reserve Bank of Australia intervening in the market to hold down the remarkably resilient Aussie dollar?
Just Who is Xi Jinping? – The Diplomat
In the
coming weeks, analysts around the globe will make their predictions regarding China's presumed next leader. The task
won't be easy.
The Wen Family Empire – NYT
Beginning with diamonds in the 1990s, the relatives of Wen Jiabao
amassed a fortune by forming a complex business network that bought stakes in
sectors as varied as real estate and telecommunications.
Hong
Kong is
taking extraordinary measures in an attempt to arrest what increasingly looks
like a residential property bubble - much of it driven by foreign capital
inflows
IN FINNISH
Jotain mätää
Tanskanmaalla – miksi Tanska ei ole toipunut yhtä hyvin kuin Ruotsi? – tyhmyri
Ovatko nämä
euroeliitin todelliset kasvot – poliitikkojen veronkierron paljastanut
vankilaan Kreikassa – tyhmyri
Euron kriisi ei
ratkea ilman devalvaatioita – HS
Vieraskynä: Kriisimaat tarvitsevat kipeästi sisäistä
devalvaatiota. Yhteisvastuu veloista voi pahentaa tilannetta.