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Tuesday, October 1

1st Oct - US Open

Previously on MoreLiver’s:

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Roundups & Commentary
Frontrunning – ZH
Overnight: On The First Day Of Shutdown, The Futures Were... Giddy – ZH
The Lunch Wrap – alphaville / FT
Emerging N.Y. headlines – beyondbrics / FT
EU daily news – Europa
Daily press summary – Open Europe
  Berlusconi risks party rebellion ahead of confidence vote; Scarpetta: PM Letta may survive vote, but political stability in Italy will remain elusive
Morning MoneyBeat: Government Shutdown Rattles Wall Street – WSJ
Morning Bond Update: US shutdown yet to impact markets – TradingFloor
Shutdown Weighs on Dollar, but Equities Recover and Bonds Ignore – Marc to Market

EUROPE
Nordic Outlook - October 2013 – Danske Bank (pdf)

The never-ending story: Italy’s political trouble – MacroScope / Reuters

Chaos in Rome: Berlusconi Tricks Spark Fear in Europe – Spiegel
Silvio Berlusconi has plunged Italy into another political crisis. It's a wake-up call for Europe and a reminder that, despite what the recent German election campaign suggested, the euro crisis is by no means over yet.

Bundesbank's Weidmann in new sovereign debt warning – CNBC

August Euro area unemployment rate at 12.0% EU28 at 10.9% - Europa
Euro zone factory growth eases but strong demand enables price hikes – Reuters
  
UNITED STATES
How big is the Fed’s communications gap? Six months, give or take – MacroScope / Reuters

  SHUTDOWN
Government Shutdown: The Fight Is Win-Win for GOP – Reason

Great Graphic: S&P 500 Performance around Past Government Shut Downs – Marc to Market

US government shutdown sends very bad signal – Danske Bank (pdf)

What Will the Government Shutdown Cost? – EconoMonitor

Shut Happens – ZH

Government Has Shut Down 18 Times Since 1976 – ZH

Why US government shutdown matters little – Long Short / FT

Shutdown starts, 1 million workers on unpaid leave – Reuters

Government Shutdown Begins as Deadlocked Congress Flails – BB

Shutdown Would Cost U.S. Economy $300 Million a Day – BB
                     
U.S. Shutdown Idles 800,000 as Congress Deadlocked – BB
The U.S. government began its first partial shutdown in 17 years, idling as many as 800,000 federal employees, closing national parks and halting some services after Congress failed to break a partisan deadlock by a midnight deadline.

Debt Ceiling Wall of Worry Is Another Reason for U.S. Investing – BB
The U.S. congressional standoff that shut down the government for the first time in 17 years is a buying opportunity for stock investors, if history is any guide.

  SHUTDOWN: MARKET REACTION
U.S. Credit Default Swaps Widen as Shutdown Looms – Sober Look

Futures Ramp On Speculation House Republicans May Fold; Fall On Report No More Votes Tonight – ZH

For Markets, a Shutdown Is Usually a Ripple – NYT

Markets Assess the Impact of a Federal Shutdown – NYT

ASIA
BOJ Beat: Five Takeaways From Tankan Survey – WSJ

Asia PMIs: signs of improvement – beyondbrics / FT

Abe Orders Japan’s First Sales-Tax Increase Since ’97 – BB
Abe proceeded with an April sales-tax increase and a 5 trillion yen ($51 billion) stimulus plan as he tries to rein in the world’s biggest debt burden without negating efforts to end deflation.

FINNISH
Euro supporter’s slogan: Justice, stability, no elections – euron kannattajien iskulause: laki, vakaus, ei vaaleja – Tyhmyri

Ja miten sitten kävikään? Osa 2 – Henri Myllyniemi / US Puheenvuoro

Suomen teollisuus romahtaa - "yksi suurimmista pudotuksista" – TE