31st Oct - US Open

Previously on MoreLiver’s:

31-Oct EU Open

30-Oct US "Close"

30-Oct US "Open": JPY and EUR strong

Follow ‘MoreLiver’ on Twitter or Facebook

Roundups & Commentary

US Opening News And Market Re-Cap – Ransquawk / ZH

Frontrunning – ZH

Overnight Sentiment: BTF Window Dressing And Ignore All News – ZH

The Lunch Wrap – alphaville / FT

Emerging N.Y. headlines – beyondbrics / FT

Today’s front pages – presseurop

Daily press summary – Open Europe

Morning MarketBeat: Nobody Knows What to Expect – WSJ

Broker Note Briefing – WSJ

Three Key Developments – Marc to Market

US session ahead

Pre-market Commentary – Marketwatch

Pre-Market Trading – CNNMoney

Pre-Market – NASDAQ

Earnings & Events – The Street

MarketCurrents – Seeking Alpha

Reference

TV: Bloomberg, CNBC, BBC

Debt crisis: live – The Telegraph

The Euro Crisis Blog – WSJ

Tracking Europe’s Debt Crisis – NYT

FX Options Analytics – Saxo Bank

European 10yr Yields and Spreads – MTS indices

Economic Calendar – Forexpros

EUROPE

Spain's unrealistic expectations – Danske Bank (pdf)

The Spanish government expects the recession to come to an end by mid-2013. In an environment of fiscal tightening and sliding house prices, that appears to be wishful thinking. Even if Spain manages to deliver the anticipated -0.5% growth in 2013, this does not justify the government’s expectations that the unemployment rate should decline slightly in 2013. It is simply at odds with the empirical evidence. We expect that the Spanish economy will contract 1.5% or more in 2013, that Spain will miss its fiscal target and that the unemployment rate will rise to at least 26.5%.

Euro-zone banks not about to boost a recovery any time soon – Nordea

The results from the ECB’s latest bank lending survey (Q3) only add to worries that credit growth is not going to support an economic recovery any time soon.

‘Greek limbo’ is two words. TWO! – alphaville / FT
The Greek government has left this latest, very long, round of eurozone marriage counselling to head into, well, predictable domestic acrimony with headlines like “Crucial Test for Greek Coalition” trailing in its wake.

Fact Book: The Netherlands – Danske Bank (pdf)

Norway: No FX purchases in November, maybe in December – Nordea

Norway: Norwegian figures somewhat on the weak side – Nordea

UNITED STATES

Chasing storm damage estimates – alphaville / FT

Great Graphic: QE and S&P 500 Is that All there Is? – Marc to Market

ASIA

China’s strange quarterly GDP revisions could actually be good in YoY terms – alphaville / FT
 

China official leading indicator rose in September – ASA

Points to a likely pick-up in economic activities in the final quarter.

IN FINNISH

Uusia pitkäaikaissäästämissopimuksia solmittiin edelleen vähän – Suomen Pankki

Kotitaloudet nostivat syyskuussa 2012 uusia asuntolainoja 1,6 mrd. euron edestä, mikä on vähemmän kuin vuosi sitten syyskuussa.

Matti Viren: Miten Euroopan talouskasvua voidaan nopeuttaa? – Suomen Pankki

Follow ‘MoreLiver’ on Twitter or Facebook