News
roundup – Between
The Hedges
News
roundup – The Trader
The 6am Cut
London – alphaville
/ FT
Emerging
Markets Headlines – beyondbrics
/ FT
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
Currency markets were still in limbo mode
during the Asian session ahead of today’s EU summit. Despite a few more data
points for the market to focus on, currencies remained rangebound with a slight
risk-on bias.
Market Preview: EU Summit in focus – Saxo
Bank
European markets are expected to open higher
Thursday as investors await positive developments at the EU summit commencing
later today. Additionally, Italian bond auctions scheduled for later today
could test risk appetite.
Danske
Daily – Danske
Bank (pdf)
Germany under pressure to implement short-term fire-fighting measures. Barclays
fined by regulators after submitting false Libor rates. Improved risk sentiment
pushes stocks and oil price higher.
Morning
Briefing: Golden Slumbers – BNY
Mellon
When national borrowing rises far faster than
output, as it has across the world in recent years, a whole swathe of future
growth must be sacrificed in order to settle the bill. This alone paints a
negative outlook for the price of gold, but there are also other issues to
consider