Here are the week in review and next week previewed-links, I will update this later. Come back later for my longer Weekender-posts.
Yesterday on MoreLiver’s:
main events of the week
Special: ECB WATCH (will update this on Sat evening)
Weekly Scoreboard – Between The Hedges
Weekly Eurozone Watch – Global Macro Monitor
Week in Review – Global Macro Monitor
US market portrait 2012 week 32 – Portfolio Probe
Summary for Week ending Aug 3rd – Calculated Risk
The week started with expectations of central bank action. The Fed went first, and although the FOMC statement acknowledged that “economic activity decelerated”, the FOMC took no action. Then it was the European Central Bank’s turn; the eurozone economy has taken a turn for the worse, and the ECB took no action. However, after further reflection, some analysts felt the ECB has laid the groundwork for sovereign bond buying, and that the Fed will announce QE3 in September. We will see. In the meantime, the data was mixed.
The Weekender – beyondbrics / FT
The Weekender – alphaville / FT
Succinct summation of week’s events – The Big Picture
Weekly Bull/Bear Recap – Rational Capitalist Speculator
Week in Review: Calls for Change to a Complex Market – DealBook / NYT
Calls for stronger regulations of the computer-driven markets were renewed after the third stock trading catastrophe in the past five months. A look back on our reporting of the past week's highs and lows in finance.
Podcast: MarketBeat Week (19min) – MarketBeat / WSJ
Central bankers disappointed and Knight Capital roiled the market, but all was forgiven after a surprising jobs report. We discuss these topics in the latest installment of MarketBeat Week.
Politics this week – The Economist
Business this week – The Economist
Schedule for Week of Aug 5th – Calculated Risk
The key report this week is the June Trade Balance report. The July Fed Senior Loan Officer Survey will be released on Monday, and Fed Chairman Ben Bernanke holds a town hall meeting on Tuesday and is expected to take questions from the audience.
Next Week’s Tape – MarketBeat / WSJ
Happy Anniversary, U.S. Downgrade
S&P 500 Earnings Week Ahead – Reuters
Wall St Week Ahead– Reuters
Positive momentum in the face of headwinds
Global Markets Week Ahead – Reuters
ECB/Fed cock the gun, G20 action eyed
Global Week Ahead – Nordea Markets (pdf)
The fact that the ECB did not deliver concrete action but only tough words implies a lot of uncertainty about what to expect from the central bank’s potential interventions in terms of amount, timing and interest rate targets. (summary here)
Weighing the Week Ahead – A Dash of Insight
Starting the Week – RCS
Key Events In The Coming Week – GS / ZH
Most of the focus in the week ahead will likely remain on the ECB decision, including the political debate across the Eurozone that usually follows important announcements. We expect continued headline-induced volatility and some focus on the "if" and "when" of any additional support for Spain.
Weekly Preview: Elpis has left the building – BNY Mellon
The clear implication of Mario Draghi’s statement yesterday is that the ECB may yet wield the SMP program once more, but certainly not before Italy and Spain have weakened sufficiently to warrant the execration of EFSF/ESM funding.
Weekly Focus: Awaiting further monetary easing – Danske Bank (pdf)
Following a busy week in the US there are only very few key figures of interest this coming week…In the euro area attention will most likely continue to centre on the development in the sovereign bond markets in Italy and Spain. Market attention will be on whether/when Spain and/or Italy will request EFSF intervention. Communication from the core countries’ political leaders will remain in focus as well as details on how the ECB could intervene.
Bulls vs Bears: US Equities – The Short Side of The Long
Currency Positioning and Technical Analysis – Marc to Market
The Weekend T Report: Brotes Verdes – TF Market Advisors
Was this just another temporary measure in Europe that will fail sooner or later, and most likely sooner? Or is it something real. The start to a truly European Central Bank that can drive rates low as it chooses? Is the economic data here stabilizing, albeit at an anemic level or was this too just an aberration and we are due to see the march of weak numbers resume?
Weekly Credit Update – Danske Bank (pdf)
Credit indices feel ‘Draghi-disappointment’, cash bonds do not * Rating agencies see continued challenges for Danish banks * Corporate earnings season on the weak side so far
EMEA Weekly – Danske Bank (pdf)
Weak Czech economy weakens further * Baltic growth slows further
Highlights from Monday’s FTfm – alphaville / FT
Emerging: Week Ahead – beyondbrics / FT
Economic Calendar – fxstreet.com
Monthly Economic Calendar – fxstreet.com
Debt crisis: live – The Telegraph
Europe Crisis Tracker – WSJ
Tracking Europe’s Debt Crisis – NYT
FX Options Analytics – Saxo Bank