For recent
articles see last night’s US Close: More bailouts! and follow the continuously updated special
post Spanish
Bailout: The Collection.
News
roundup – Between
The Hedges
News
roundup – The
Trader
Emerging
Markets Headlines – beyondbrics
/ FT
The 6am Cut
London – alphaville
/ FT
Market
Summary – Commodities
Trader
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
European markets are likely to open weaker
Thursday following Moody's downgrade on Spanish government debt to 'Baa3' from
'A3'. Market participants are keeping a tap on Italian long-term bond auctions
and US consumer price inflation data due today.
Danske Daily – Danske
Bank (pdf)
Moody’s downgrades Spain three notches to
Baa3. France will push for a stability pact in addition to a growth pact at
EU-summit. Market sentiment remains negative after weak retail sales in the US and continued concern
about Europe but no substantial impact from Moody’s downgrade of Spain. Main focus today
will be Italy’s government bond auction.
Morning Briefing – BNY
Mellon
Looking ahead to this weekend's election and
beyond.