26th Sep - EU Open

Previously on MoreLiver’s:

Wednesday US Close

Wednesday US Open: Washington's Fiscal Games

Wednesday EU Open

Weekender: Weekly Support

Roundups

News roundup – Between The Hedges

The 6am Cut London – alphaville / FT

Emerging Markets Headlines – beyondbrics / FT

Asia Morning MoneyBeat: More Questions, More Red – WSJ

Europe Morning MoneyBeat: Listless Start In Prospect, Fed Speakers Abound – WSJ

MORNING BRIEFINGS

3 Numbers to Watch: EU money supply, US consumer comfort, US jobs – TradingFloor

EU money supply, US jobless claims and the US Bloomberg Consumer Comfort Index are on the shortlist of economic updates to monitor on Thursday.

Market Preview: US GDP and initial jobless claims in spotlight – TradingFloor

European markets are likely to open lower on Thursday amid persistent worries over the US debt ceiling issue. Traders will closely monitor today’s revised Q2 US GDP and weekly initial jobless claims data for further cues on the health of the economy.

Danske Daily – Danske Bank (pdf)

With the deadline looming on Monday focus in the US will continue to be on the negotiations about an agreement for funding non- mandatory government spending for the new budget-year to avoid a government shutdown...In Europe the most important data is money supply growth for the euro area and not least the data for household and business credit growth released in connection with these data. In addition we have speeches from ECB governing council members Jörg Asmussen and Vitor Constancio

Market comment: the retracement continues – Nordea

Another firm session in Bunds and Treasuries * US equities have dropped in five consecutive sessions * EBA’s banking report shows gradual improvement * Macro agenda: French Consumer confidence, US jobless claims and pending home sales * Central bankers on the radar * Watch out for rebalancing needs as quarter end approaches

Aamukatsaus – Nordea

Erikoista kasvua kestokulutushyödykkeissä * Ruotsin talous yhä yhden kortin varassa * Norjan työttömyysaste nousi hieman

Aamukatsaus – Tapiola (pdf)

Osakemarkkinoiden laskuputki jatkui USA:ssa, kun Wal-Martin väitettiin supistavan tilauksiaan. Markkinoiden hermoilu USA:n lähestyvästä velkakatosta kasvaa jälleen, kun velkakaton raja täyttyy arvioilta seuraavan kuun puoliväliin mennessä. Osakefutuurit lievästi plussalla, indikoiden nousuavausta OMX HEX:iin. Cramon suurin omistaja, Hartwall, on myymässä jopa 10% yhtiön osakekannasta.

Markkinakalenteri – Nordnet

Markkinakalenteri – Taloussanomat

UNITED STATES

Resetting Expectations – Tim Duy’s Fed Watch

Policy expectations have been reset; tapering is not expected at the next meeting.  December at the earliest, but even that is questionable.