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Saturday, November 10

10th Nov - Weekender: Weekly Support



Here are the links to help you review the ending week – and prepare for the next one. You might also want to see the previous ‘Weekly Support’. The missing links will be updated when the articles are published. The embedded youtube video is the 1989 video of "Just A Techno Groove" by a band called "Dow Jones". Must....palm....face....

Previously on MoreLiver’s:

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LAST WEEK
Prices
Weekly Scoreboard – Between The Hedges
Weekly Eurozone Watch – Global Macro Monitor
Week in Review – Global Macro Monitor
U.S. Equity Sector ETF Performance – Global Macro Monitor 
US market portrait 2012 week 46Portfolio Probe  


Summary for Week ending 9-NovCalculated Risk 
The key report was the trade deficit that showed exports increased more than imports in September, and the trade deficit declined.  Also Consumer sentiment has increased to pre-recession levels. 

The Weekenderbeyondbrics / FT 

Succinct summation of week’s eventsThe Big Picture 

Weekly ReviewA View From My Screens 

(podcast) MarketBeat WeekMarketBeat / WSJ
With the election over, the "fiscal cliff" has moved into the spotlight. The Dow industrials suffered their worst weekly performance since June and have dropped 4% throughout the last three weeks.

Week in Review: On Wall Street, a New Tone With Old TacticsDealBook / NYT
An analysis of President Obama's tough choices on housing * On Wall Street, its time to mend fences with the president * Andrew Ross Sorkin said that the election won't solve all puzzles * A big bets soured, imperiling a small firm * A deal maker for Morgan Stanley was eased out * HSBC may face charges in a laundering inquiry.

Politics this weekThe Economist

Business this weekThe Economist


NEXT WEEK
Schedule for Week of 11-NovCalculated Risk 
The key report for the week is retail sales for October. For manufacturing, the November NY Fed (Empire state) and Philly Fed surveys, and the October Industrial Production and Capacity Utilization report will all be released this week. On prices, CPI for October will be released on Thursday. Also Fed Chairman Ben Bernanke speaks Thursday 

Next Week’s Tape: Budget Talks; Sandy’s Data ImpactMarketBeat / WSJ
Markets will likely pay close attention to scheduled talks next week in Washington on avoiding the fiscal cliff, and to how superstorm Sandy affected retail and manufacturing.

S&P 500 Earnings Week AheadReuters
 
(video) Europe Week Ahead: Spain in focus as ECOFIN meetsReuters

(video) Asia Week Ahead: China to reveal leadership line-upReuters

(video) US Week Ahead: Three headaches for investorsReuters 

Wall Street Week AheadReuters 
Wall Street's post-election sell-off may gather steam in the coming weeks as worries mount about the looming "fiscal cliff" and technical weakness suggests a possible correction ahead.

Global Week AheadNordea (pdf)
Time to avoid fiscal cliff: Focus is likely to be on the US fiscal risks, the Fed, and Greece next week. US retail sales and Euro-area GDP numbers are the most important data. We expect no surprises on the US data front, while we could see modest positive surprises in the Euro area.

Weekly PreviewBNY Mellon
It's the Euro-zone economy stupid 

Preview Of The Boring Week AheadGoldman Sachs / ZH

Weekly FocusDanske Bank (pdf)
USA: Focus turns to fiscal cliff negotiations, retail sales to weaken a bit due partly to Hurricane Sandy. We expect regional business surveys from Empire and Philadelphia to decrease. Fed minutes to reveal how close Fed is to Evans rule EUROPE: Debt relief and new programme for Greece in focus at the Eurogroup meeting. We expect Euro Q3 GDP data to show a decline of 0.2% q/q. Swedish data is likely to point to rising inventories. We expect inflation to undershoot the Riksbank target. ASIA: New leadership in China is dueto  be announced during  the  week    probably on Thursday. Japanese Q3 GDP figures are likely to show a substantial decline in Q3.

Economic and Market OutlookNordea (pdf)
If markets go more into risk-off heading into the winter, long-term investors should be looking to switch more into risk-on trades.

G10 Weekly: US election – Now what?Nordea (pdf)
US election – Now what? * China – Dr Copper´s confusing diagnosis * Sweden – All eyes on Friday´s production data

Market Analysis: Are We Already In A Recession? The Short Side of the Long 

Weighing the Week AheadA Dash of Insight 
Will US Leaders Become Cliff Divers?

Markets Weekly TF Market Advisors



Choppy markets aheadHumble Student 
I believe that all these cross-currents are just a recipe for more volatility. While I am concerned about downside risks, investors also have to be aware of what could go right. 

FX Positioning and Technical OutlookMarc to Market
The US dollar appears to have broken out of the ranges that seemed to dominated since mid-September against the major currencies, except the Japanese yen and Australian dollar 

Weekly Credit UpdateDanske Bank (pdf)
US: Short-lived after-party * Pick-up in primary market activity * Finnish authorities propose LTV cap on new mortgages

EMEA Weekly, Week 46Danske Bank (pdf) 

Agenda: Money issues to dominate this weekeuobserver 
Negotiations on next year's EU budget and how to pay 2012's bills will take centre-stage this week. Meanwhile Malta's EU commissioner is due to be grilled by MEPs.


Emerging: Week Aheadbeyondbrics / FT 
This week Obama becomes the first US president to visit Myanmar, the annual Asean summit begins in Cambodia, and we have results from Merck and Unicredit.

 

CALENDARS
Economic Calendar – Forexpros
Economic Calendar – fxstreet.com
Monthly Economic Calendar – fxstreet.com
Economic Calendar – BB
EU calendar – europa.eu

MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat

REFERENCE
TV: Bloomberg, CNBC, BBC,
Debt crisis: live – The Telegraph
Europe Crisis Tracker – WSJ
Tracking Europe’s Debt Crisis – NYT
FX Options Analytics – Saxo Bank

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