18th Apr - US Close

Regular links have been moved to a permanent page.

Previously on MoreLiver’s:

Thursday US Open

Thursday EU Open

Wednesday US Close

Current specials:

Special: IMF Outlook & Kenneth-Rogoff (updated)

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EUROPE
  PIIGS

IMF Warns Spanish Debt-Load Is Unsustainable – ZH

Not to be Bitten by Same Dog Twice: Slovenia Update – Marc to Market

Slovenia Central Bank Chief Says Country Can Avoid Bailout – WSJ

Bundestag approves Cyprus bailout – euobserver

Germany Backs Cyprus Aid as Schaeuble Cites Default Risk – BB

German parliament backs Cyprus bailout – Reuters

UNITED STATES
Ari Wald: This is What Distribution Looks Like – The Reformed Broker

Wald has been pretty money on the major trends so far this year. In this week's note, the technician points out some major yellow lights in the internals.

Four Years of SPX Pullbacks in One Plot – Vix and More

ASIA
Japan rewarded for launching the currency war – Sober Look

Could the Yen Trigger Another Asian Financial Crisis? – PragCap

OTHER
The interbank repo effect and gold – alphaville / FT

When you haven’t got anything to repo and funding becomes tight, gold is likely to sell-off in anticipation of further banking and asset problems. This time the effect may also have been magnified because of the changing nature of the bailout game.

EMEA Weekly – Danske Bank (pdf)

Reuters Releases George Soros Obituary By Mistake: "Enigmatic Financier, Liberal Philanthropist Dies At XX" – ZH