Google Analytics

Saturday, March 16

16th Mar - Weekender: Weekly Support

The last week reviewed – and the next previewed! Previous Weekly Support here.

Previously on MoreLiver’s:

Follow ‘MoreLiver’ on Twitter or Facebook

FRIDAY’S CLOSE
Markets – Between The Hedges
Recap – Global Macro Trading (on holiday next week)
Europe: European Financials And Spanish Bonds Ignore Equity Exuberance – ZH
US: Market 'Plunges' By 0.17%, Worst Drop In Three Weeks – ZH

LAST WEEK
Prices
Weekly Scoreboard – Between The Hedges
Weekly Eurozone Watch – Global Macro Monitor
Week in Review – Global Macro Monitor
U.S. Equity Sector ETF Weekly Performance – Global Macro Monitor
US market portrait – Portfolio Probe


US Summary for Week – Calculated Risk

This was another week of solid economic data. Retail sales were strong even after removing the impact of higher gasoline prices. Industrial production is at a new post-recession high and nearing the pre-recession peak.  And the four-week average of initial weekly unemployment claims is at the lowest level since March 2008. One negative was a fairly sharp decline in consumer sentiment,

The Weekender – beyondbrics / FT

Succinct summation of week’s events – The Big Picture

(audio) MarketBeat: Streak Over, But Rally Intact – WSJ
Ryan Detrick of Schaeffer's Investment Research said he's cautiously optimistic about stocks, even with major U.S. indexes around record levels.

Week in Review – DealBook / NYT
SAC settles insider trading cases for $614 million * Senate inquiry faults JPMorgan on trading loss * Fed faults two big banks over plans for capital * At hearing, nominee for S.E.C. chief vows to be a tough Wall St. regulator * Andrew Ross Sorkin on the realities behind prosecuting big banks.

Politics this week – The Economist

Business this week – The Economist


NEXT WEEK
US Schedule for Week – Calculated Risk
There are three key housing reports that will be released this week: February housing starts on Tuesday, February Existing home sales on Thursday, and the March homebuilder confidence survey on Monday. A key event this week is the two day FOMC meeting on Tuesday and Wednesday. Also, for manufacturing, the Philly Fed survey will be released on Thursday.

Economic Calendar – Handelsbanken (pdf)

Next Week’s Tape: A Fed Meeting, Slew of Housing Data – MarketBeat / WSJ

S&P 500 Earnings Week Ahead – Reuters

Wall Street Week Ahead – Reuters
Big gains, low valuation - why worry? - Major stock indexes have never been higher - and yet that's hardly scaring people.

Week Ahead Videos:
Europe – Reuters
Asia: Policies put to the test in Japan, Malaysia – Reuters
US: Fed set to keep its foot on the gas – Reuters

Weekly Preview: Europe's hair shirts  – BNY Mellon

Weekly Focus: US up, Europe down, China sideways – Danske Bank (pdf)

The Week Ahead – Handelsbanken

FX Positioning and Technical Outlook – Marc to Market
While recognizing that market positioning gives scope for some extension of these corrective moves, we advise taking advantage of the price action as a better opportunity to participate in the underlying trends or, alternatively, adjust hedges accordingly.  

Weekly Credit Update – Danske Bank (pdf)

Nordea Risk Perception Publication – Nordea (pdf)
Complacency ruling – play the ranges (summary).

Commodities Update – Danske Bank (pdf)
Tug of war: stronger US data, stronger USD

EMEA Weekly – Danske Bank (pdf)

Emerging Markets Calendar – Handelsbanken (pdf)

Emerging: Week Ahead – beyondbrics / FT

Agenda: EU looks at arming Syrian rebels and wooing Russia – euobserver
Foreign ministers will seek a deal on arming the Syrian rebels this week, while the European commission will table new proposals on transferring more economic governance powers to Brussels.

OTHER
Monthly Macro Update – Handelsbanken (pdf)
China: Slowdown coming earlier than expected * Eurozone: The German locomotive has decoupled *  US: Optimism is back, despite persistent problems * Sweden: Brighter employment outlook, but sluggish GDP path * Bond markets: Long bond yields to rise at a moderate pace


CALENDARS
Economic Calendar – Forexpros
Economic Calendar – fxstreet.com
Monthly Economic Calendar – fxstreet.com
Economic Calendar – BB
EU calendar – europa.eu

Markkinakalenteri – Nordnet
Markkinakalenteri – Taloussanomat

Follow ‘MoreLiver’ on Twitter or Facebook