Previously on MoreLiver’s:
Roundups &
Commentary
Frontrunning – ZH
Overnight: The Tremors Are Back: JP Recession, CH
Trade, EU Periphery – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
Today’s front pages – presseurop
Daily press summary – Open Europe
Broker Note Briefing – WSJ
FX Drivers
and Themes – Marc to
Market
US session ahead
Pre-market
Commentary – Marketwatch
Pre-Market
Trading – CNNMoney
Pre-Market
– NASDAQ
Earnings
& Events – The
Street
MarketCurrents
– Seeking
Alpha
Reference
Debt crisis
live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
Economic
Calendar – Forexpros
EUROPE
The Greek PSI bond buyback now closes at 12pm London time on December 11.
A Strong Core Keeps the Euro Flexible – WSJ
Despite the
economic slowdown, despite the worries about Germany heading into the recession and
despite the higher borrowing costs that Italy will now have to burden, investors
remain confident in the euro’s core. How long this will last remains to be seen.
Like the
generals of the First World War, Europe’s leaders seem determined to send wave after
wave of their youth into the barbed wire of tight money, bank deleveraging, and
fiscal austerity a l’outrance.
EU receives Nobel for building "continent
of peace" – Reuters
The
European Union will receive the 2012 Nobel Peace Prize at a ceremony in Oslo on Monday, honored by the Norwegian
committee for bringing decades of peace and democracy to Europe after the horrors and division of
two world wars.
Protesters say European Union does not deserve
Peace Prize – Reuters
Around a
thousand members of left-wing and human rights groups marched in Oslo on Sunday to protest against the
award of the Nobel Peace Prize to the European Union.
ITALY
Does Monti Matter? – WSJ
UNITED STATES
Research US - Tug of war – Danske
Bank (pdf)
We expect
the bumpy road to continue in the short term as a tug of war between improved
fundamentals and short-term headwinds continue. Looking further into next year,
we see good reasons why the economy should finally be able to reach sustained growth
above trend.
FOMC preview: Another monetary policy boost – Danske
Bank (pdf)
ASIA
The third
quarter was bad, but it was a revision of Q2 GDP data — from 0.1 to -0.1 per cent,
seasonally adjusted and annualised — that puts Japan in official recession
OTHER
Morning Briefing (EU/US): All or nothing – BNY
Mellon
A lack of
growth remains the Euro-area’s, and hence Germany’s, fundamental problem
The
currency market has a lot to busy itself with this week, with the FOMC and a
“QE4” likely in the wings on Wednesday, followed by a possibly pivotal SNB meeting on Thursday and then
Japan’s election over the weekend.
Global Economy Week Ahead – Reuters
Fed's
monetary stimulus meets 'fiscal cliff': The contrast could not be sharper:
Economists are all but certain the U.S. Federal Reserve will expand its
monetary stimulus this week, but they have no clue how the fiscal battle in
Congress will shake out.
Preview Of The Key
Events In The Coming Week – ZH
New Financial Forecasts – Renewed optimism
tested – Nordea
(pdf)
Recent
confidence data have on balance offered positive surprises supporting hopes
that better times lie ahead, even though the hard data has been more mixed (or
read the summary)
IN FINNISH
Ei tässä mikään auta
- maksat vaan Kreikat, Portugalit, Espanjat, Kyprokset... – TE
Aalto-yliopiston professori Vesa Puttonen on julkaissut
tänään kirjan Velka tikittää - hyödy siitä! Hän kirjoittaa eurokriisin lyhyen
historian.
Kauemmas kuilun
partaalta? – Vesa
Varhee / TalSa
Parin viime viikon uutiset vihjaavat talouden yleisen
tilanteen palailevan vähitellen kohti normaalia.