14th Mar - US Close

Previously on MoreLiver’s:

Thursday US Open

EURUSD Update

Thursday EU Open

Wednesday US Close

Roundups & Commentary

News – Between The Hedges

Markets – Between The Hedges

Recap – Global Macro Trading

The Closer – alphaville / FT

Tomorrow’s Tape: CPI, Industrial Production, Empire State Survey – WSJ

US: 10-In-A-Row For Dow As VIX Plunges To New Cycle Low – ZH

Morning Briefing (Asia): Dow Rallies for 10th Consecutive Session – BNY Mellon

EUROPE

Deutsche Bank: Only Jesus Can Save The Euro – BI

'Doubts about benefits of EU are growing' – euobserver

There is a growing sense of doubt among citizens about the benefits of the EU, Europe's top trade unionist has said.

European Parliament: Change looms ahead of 2014 – Hufvudstadsbladet / presseurop

The European elections slated for 2014 will be a departure from the past procedure, and that has awoken high hopes among the public. The most crucial aspiration among Europe's citizens is the fostering of a true trans-national debate.

  EU SUMMIT

Katainen says no shortcut to growth – Brussels blog / FT

Cyprus seeking a ‘fair’ bailout deal – Brussels blog / FT

Waiting for the socialists in snow – Brussels blog / FT

Malta’s Muscat calls for ‘common sense’ – Brussels blog / FT

Leaders meet amid austerity debate – Brussels blog / FT

Hollande, Cameron put Syria on agenda – Brussels blog / FT

  PIIGS

Why Italy Is More Like Japan Than Spain – ZH

Italy has the second fastest aging population in the world (and highest in Europe)

To bail-in, or not to bail-in: that is the question (now for Cyprus) – bruegel

There is an intense debate on the possibility of bailing-in bank shareholders and lenders of troubled financial institutions (ie forcing investors to take losses), or relying on taxpayers to take the hit.

Greece: Statement by the EC, ECB and IMF – IMF

UNITED STATES

The Fed’s Exit – The Big Picture

The markets have begun to wonder whether the Fed (and other central banks) will ever be able to exit from its Quantitative Easing policy. We believe there is only one reasonable exit the Fed can take. Rather than sell its portfolio of bonds or allow them to mature naturally, we believe the Fed’s only practical exit will be to increase the size of all other balance sheets in relation to its own.

OTHER

The Dollar and S&P 500 Relationship Re-examined – Marc to Market

EMEA Weekly – Danske Bank (pdf)

IN FINNISH

Markkinamenu: sarvesta härkää vaiko karhunniskaa? – Henri Myllyniemi / US Puheenvuoro

Kiirettä europarlamentissa – Sampo Terho

Urpilainen: Euroryhmän kokous tuli yllätyksenä – YLE

Valtiovarainministeri Jutta Urpilaisen (sd.) mukaan euroryhmän jäsenet odottavat vielä tietoja huomisen Kypros-kokouksen asioista. Urpilaisen mukaan Suomi hakee ratkaisua, jossa sijoittajavastuu on mukana ja josta Kyproksella on mahdollisuudet selvitä.