Roundups
News roundup – Between
The Hedges
The 6am Cut London – alphaville
/ FT
Emerging Markets
Headlines – beyondbrics
/ FT
Asia Morning MoneyBeat:
Pity the Shorts – WSJ
Europe Morning MoneyBeat: At Last, A Bone From D.C. –
WSJ
MORNING BRIEFINGS
The negotiations on
the US government shutdown and the debt ceiling are
running out of time and consumer confidence data will surely show a negative
reaction. Plenty of talking heads as the annual meetings of the IMF, World Bank
and IIF begin.
European markets are
likely to open higher on Friday amid signs of relief as US lawmakers are expected to reach a deal on
raising the US debt ceiling. Meanwhile, German CPI and US consumer sentiment data due later today will
be eyed for further cues.
Danske Daily – Danske
Bank (pdf)
In the US the
House is expected either today or Saturday to vote on a bill that will temporarily
increase the debt limit for six weeks without specific conditions for a framework
for negotiating budget cuts. This is a big concession from the Republicans. The
House will also be in session over the weeken
d working on a proposal
for a temporary funding bill to end the partial government shutdown. The G20
-finance minister
and central bank governor meeting in connection with the IMF and World Bank
annual meeting in Washington will conclude today. A press briefing is scheduled
for 19:30 CET.
Market comment: Markets cheer as debt ceiling
might be lifted for weeks – Nordea
US equities had the
best single day since January on potential postponement of debt ceiling * Bond
yields also dropped in the US * Bunds expected to be supported this morning
with spread tightening for peripherals * French FinMin sound upbeat on
Bloomberg * Watch Michigan sentiment and IMF annual meeting
Aamukatsaus – Nordea
USA:n
poliittinen takalukko hellittämässä * Painajainen Champs-Élyséellä * Englannin
keskuspankin rahapolitiikka säilyi ennallaan
Aamukatsaus – Tapiola
(pdf)
Osake- ja hyödykemarkkinat voimakkaaseen
nousuun, kun toiveet USA:n velkakattokiistan ratkaisemisesta nousivat. Vaisalalta
eilen tulosvaroitus, kun valtioiden kysyntä heikentynyt.
Osakefutuurit plussalla, indikoiden nousu
avausta OMX HEX:iin.
EUROPE
Great Graphic: German CPI and PMI Output Prices – Marc
to Market
UNITED STATES
SHUTDOWN / DEBT CEILING
The Republicans want to take away Treasury's
'extraordinary measures'. Wait, what? – WaPo
Obama to Boehner: No? – WaPo
Obama and G.O.P. Fail to Agree on Debt Limit
Plan – NYT
White House, Republican Meeting
"Inconclusive", To Continue Throughout The Night – ZH
The Republicans’ worst poll yet – WaPo
Podcast: The Republican role in the budget
battles gripping Washington DC
– FT
