Google Analytics

Friday, September 28

28th Sep - EU Open

Strafor video: Spain’s Troubles Threaten Eurozone

Previously on MoreLiver’s

News roundup – Between The Hedges
The 6am Cut London – alphaville / FT
Emerging Markets Headlines – beyondbrics / FT

TV: Bloomberg, BBC
Debt crisis: live – The Telegraph
The Euro Crisis Blog – WSJ
Tracking Europe’s Debt Crisis – NYT
FX Options Analytics – Saxo Bank
European 10yr Yields and Spreads – MTS indices

Morning Briefing (Asia): Dow Moves Higher Despite Weak US DataBNY Mellon
Will the Euro-area authorities try to tackle the Greek and Spanish crises at the same time?

Asia Today: Spain's budget/reform plans give EUR a temp boostSaxo Bank
A heavy Japan-centric data slate was overshadowed by Spain’s earlier draft budget with market sentiment encouraged by stronger commitments on spending cuts/tax revenues. EURUSD broke above an eight-day downtrend channel during today's Asian session

Market Preview: Eyes on EU CPI  Saxo Bank 
European markets are expected to open higher Friday amid optimism after the Spanish government unveiled plans for economic reforms. Markets are keeping a close eye on Eurozone CPI data due later today.

Danske DailyDanske Bank (pdf)
Stocks and EUR/USD higher after Spanish budget * Asian stocks lifted by Chinese stimulus speculation * Japanese PMI rises slightly while industrial production disappoints * Greek coalition strikes deal on austerity plan * Focus continues to be on Spain as Oliver Wyman releases its report on Spanish banks

AamukatsausNordea (pdf)
Espanjan budjetissa paino menoleikkauksissa * Euroalueen talousnäkymät yhä synkemmät * EURUSD nousuun ja Espanjan korot laskuun budjettiesityksen myötä

Aamukatsaus Tapiola (pdf)

Osake- ja hyödykemarkkina kääntyi eilen nousuun, kun Espanjan budjettileikkausten odotetaan riittävän tukitoimien saamiseksi ilman ylimääräisiä ehtoja. Markkinat ohittivat eilen heikon makrodatan olankohautuksella. Osakefutuurit nyt aamulla plussalla indikoiden nousuavausta. Hyviä osakkeita + aliperformoineet: Olvi, Metso, Fortum, Sanoma, Kesko.Heikkoja osakkeita + yliperformoineet:  Outokumpu, Ahlström, Neste Oil, Fiskars
Morning Briefing (EU/US): Friday on my mindBNY Mellon
It’s the end of the month and time to update our risk event calendar. 


EUR convertibility premium: confidence trumps everythingNordea

Spanish budget only a small step in the right directionNordea

Greece, Tell Brussels “To Take A Hike” And Let The Troika Bail Out The ECB InsteadTestosterone Pit

Why The Wealth Effect Won't Support The US 'Recovery'ZH
Morgan Stanley’s research note.

How to prop up the Chinese stock marketASA