Last week
in review – next one previewed! For entertainment, see my special on the '87 crash.
Previously on
MoreLiver’s:
LAST WEEK
Prices
Weekly
Scoreboard – Between
The Hedges
Weekly
Eurozone Watch – Global
Macro Monitor
Summary for Week ending Oct-19 – Calculated Risk
The US economic data clearly improved last week. This was the third
week in a row with mostly better than expected data, and suggests some
recent pickup in economic activity.
The
Weekender – beyondbrics
/ FT
The Weekender – alphaville
/ FT
Succinct summation of week’s events – The
Big Picture
MarketBeat Podcast: Remembering the Crash of
1987 – MarketBeat
/ WSJ
E.S. Browning, Emma Moody and Steven Russolillo relive the memories of Black Monday -- the biggest one-day percentage drop in stock-market history.
E.S. Browning, Emma Moody and Steven Russolillo relive the memories of Black Monday -- the biggest one-day percentage drop in stock-market history.
Week in Review: Ex-Goldman Trader’s Book Is
Short on Details – DealBook
/ NYT
A look back
on our reporting of the past week’s highs and lows in finance.
(podcast) World Weekly with Gideon Rachman – The World / FT
What will
swing the US election? The US presidential race is as tight as
ever. President Obama appears to have ended his slide in the opinion polls
following a much stronger performance in the second debate with Mitt Romney,
but with less than three weeks until the election, what is likely to determine
who wins the White House? (11 min)
Politics this week – The Economist
Business this week – The Economist
NEXT WEEK
Schedule for Week of Oct-21 – Calculated Risk
The key U.S. economic report for the coming week is the Q3 advance GDP
report to be released on Friday. Also New Home sales will be released
on Wednesday. For manufacturing, two regional manufacturing reports will be released (Richmond and Kansas City Fed surveys). There is an FOMC meeting on Tuesday and Wednesday, with an announcement
scheduled for Wednesday at 2:15 PM ET. No significant announcement is
expected.
Third-quarter
earnings season continues next week with a bevy of tech companies, as well as
airlines, industrials and others. Housing and gross domestic product data are
expected, along with three initial public offerings.
S&P 500 Earnings Week Ahead – Reuters
Wall Street Week Ahead: Investors face earnings
blitz with dread – Reuters
U.S. earnings started the quarter on the
wrong foot, and things have only gotten worse.
(video) US Week Ahead: Tablet wars anything but
mini – Reuters
Global Week Ahead –
Positive bias to key figure surprises – Nordea
(pdf)
The most important events this week will be the FOMC
meeting and the Troika review of Greece. We
expect the Riksbank to stay on hold. (summary here)
US Earnings – what’s up…or is it down? * Riksbank preview: A fine balance
Asian currencies have generally performed well vs. the
USD in the past month benefiting from increased risk appetite in the markets
and return of the search for carry behaviour. (summary)
Weekly Preview: Breathe in the air – BNY Mellon
Weekly Focus:
Recovery moving east – Danske
Bank (pdf)
FOMC, US final
presidential debate, Spanish elections
Market Analysis: Understanding
The Bond Bubble – The
Short Side of Long
A look at both the stock and bond
markets
The Ultimate Presidential
Election Guide For Investors – ZH
Credit Suisse’s deep look – 42 pages
Weighing the Week Ahead: An Early Verdict on Q3 Earnings? – A Dash of Insight
The reaction to earnings turned negative, and it is easy to spot the turning point. Google [pending Larry quote] had an accidental early release of their earnings miss…As I predicted last week, the market action is all about expectations and interpretation. The earnings results have actually beaten expectations (given the lower bar) but the revenue beat rate and outlook has been disappointing.
Weighing the Week Ahead: An Early Verdict on Q3 Earnings? – A Dash of Insight
The reaction to earnings turned negative, and it is easy to spot the turning point. Google [pending Larry quote] had an accidental early release of their earnings miss…As I predicted last week, the market action is all about expectations and interpretation. The earnings results have actually beaten expectations (given the lower bar) but the revenue beat rate and outlook has been disappointing.
Our big picture view is that the US dollar is carving out an
important bottom, after selling off in Q3 as policy makers moved to
reduce the extreme tail risks.
The Weekly: Moore’s Law Meets Murphy’s Law & Milken – TF Market Advisors
Weekly Credit Update – Danske
Bank (pdf)
In the absence of high issuance volume in the primary
market recently, cash-rich investors have emptied the shelves for bonds to an extent
reminiscent of a Soviet supermarket. Consequently, spreads are moving tighter
again
Emerging Markets Briefer - Oct 2012 – Danske
Bank (pdf)
EMEA Weekly, Week 43 – Danske
Bank (pdf)
Country-specific fundamentals back in fashion
Emerging: Week Ahead – beyondbrics / FT
CALENDARS
Economic
Calendar – fxstreet.com
Monthly
Economic Calendar – fxstreet.com
Economic Calendar – BB
EU calendar – europa.eu
Markkinakalenteri
– Nordnet
Markkinakalenteri
– Taloussanomat
REFERENCE
Debt
crisis: live – The
Telegraph
Europe Crisis Tracker – WSJ
FX Options
Analytics – Saxo
Bank