Weekly Scoreboard – Between
The Hedges
Friday’s market prices
– Global
Macro Monitor
US: Small Caps Plunge
To Worst Week In 22 Months – ZH
Succinct summation of week’s events – The
Big Picture
[video] The week explained – The
Economist
EM Weekender – FT
Schedule for Week – Calculated Risk
Economic Calendar – Berenberg
Economic Calendar – Handelsbanken
UK Next Week's Agenda and Wrap Up – Handelsbanken
Wall Street Week Ahead – Reuters
If hiring picked up in
March at a healthy pace, that could convince U.S. stock investors next week that the economy's
recent setbacks caused by the weather were only temporary.
5 Things to Watch on the Economic Calendar – WSJ
Payrolls roll around
again, offering a fresh look at the U.S. labor markets. With the Federal Reserve paying
close attention to labor-market developments, the March report will be the only
jobs report out before the next policy meeting at the end of April.
EU
Week Ahead: Crunch Time for the ECB – WSJ
EU Week Ahead: March
31-April 4: Very, Very Many VIPs – WSJ
After U.S. President
Barack Obama dropped in this week, you might think European Commission
President José Manuel Barroso and his counterpart at the European Council,
Herman Van Rompuy would be putting their feet up and thinking about May’s
European elections. But no – there’s plenty more
dignitaries coming to town.
What Matters for
Global Markets in the Week Ahead – WSJ
Federal Reserve Chairwoman Janet Yellen kicks off the big action later
Monday with a speech in Chicago, while on Tuesday Japan raises sales tax in a
move that’s expected to deal a blow to the economy, while Thursday all eyes
will be on the European Central Bank’s latest policy decisions, after which
it’s Jobs Friday with non-farm payrolls in the U.S.
Weekly Focus: We
expect the ECB to deliver – Danske
Bank
Europe: inflation
far below the ECB’s target, March figures likely show a new low of 0.5%. Low
level partly due to a technicality related to Easter, so ECB may refrain from
acting. We expect the ECB to ease policy
Thursday. The decision will be tight, though, as the economy is recovering. US: non-farm payrolls delivered a
positive surprise in February. We expect that 195,000 new jobs in March
Strategy: EM markets bounce on stimulus – Danske
Bank
EM assets perform
despite weak Chinese data and Russia crisis * Peripheral bonds continue their strong
performance * US surprise index bounces * Euro activity stronger while inflation
is lower
– will the ECB deliver?
Week Ahead – Nordea
The ISM index and the
labour market report (NFP) will attract the most headlines in the US. From Europe we will have the flash inflation estimate as
well as the ECB meeting.
EcoWeek – BNP
Editorial: Euro zone rebound confirmed, sentiment improving. Q1 growth is likely
to be around 2% annually. EZ: A
genuine sign of hope * A positive surprise in Q1? * Will
euro scepticism decide the elections? US: Better than weak but still not strong
Scandi markets ahead –
Danske Bank
PMI week and divergent monetary policy between Norway and Sweden even more evident
PMI week and divergent monetary policy between Norway and Sweden even more evident
Viikkokatsaus: EKP miettii hidastuvaa
inflaatiota – Nordea
Tällä
viikolla: Työmarkkinadataa Yhdysvalloista * EKP ei kajoa korkoihin * Euroalueen
inflaatio hidastuu lisää? Viime viikolla: Luottamusmittarit lähelle odotuksia *
Kehysriihi painottui liikaa verojen korotuksiin
EQUITY
Weekly Market Summary – The
Fat Pitch
Entering 2014,
analysts and pundits were expecting a repeat of 2013 (post). Things haven't
turned out the way they expected. Investors have been massively underweight
both commodities and fixed income, both of which have massively outperformed;
and they are overweight equities, especially technology and small caps, which
have declined.
CREDIT
Weekly
Credit Update – Danske
Bank
Another week of strong primary market activity * Strong
credit sentiment, despite increased geopolitical risk
Weekly Market Outlook – Moody’s
Higher Treasury Yields
Slash Offerings of Lower-Rated Bonds
Market Data Highlights – Moody’s Analytics
FOREX
FX Outlook: Greenback Mixed for Start of Q2 – Marc
to Market
Four notable developments
in FX: EUR pulled back from the attempt seen earlier this month on the $1.40
level * GBP has recouped more than half of what it lost this month * USD has
moved to the upper end of its two-week trading range against the JPY * The USD-bloc
has powered ahead.
EMERGING
Emerging Markets: The
Week Ahead – Marc
to Market
EM FX: Looking for bright spots – Nordea
After three sell-off
rounds, several devaluations and a near-miss war, things seem to have taken a
turn for the better in the Emerging Market universe and investors look for the
bright spots.
EM Week Ahead –
beyondbrics / FT
A great deal of economic data is released this week, including
closely-watched China PMI numbers for the month of March, which are expected to
give further insights into how the world’s second largest economy performed in
March – expectations are for a further slowdown in growth. The big political
events include a presidential election in Afghanistan and for prime
minister in Hungary. Watch out too for a
decision by Gazprom on Tuesday, which could see gas prices from Russia to Ukraine raised.
CALENDARS
Economic Calendar – investing.com
Economic Calendar – BB
EU calendar – europa.eu
Markkinakalenteri – Nordnet