Here are the links to
the weekly roundups, reviews and also previews of the beginning week. Last
week's 'Support' here.
Follow ‘MoreLiver’ on Twitter
Weekly Scoreboard –
Between The Hedges
Friday’s Price Monitor
– Global Macro Monitor
Weekly market wrap – ZH
European Stocks Slide,
Close At Lows On Austrian Bank Concerns
Succinct summation of week’s events – The
Big Picture
Schedule for Week – Calculated
Risk
Economic Calendar – Berenberg
China: trade rebound *
Germany: solid industrial production growth * BoE meeting: on hold for now
Economic Calendar – Handelsbanken
UK Weekly – Handelsbanken
5 Things to Watch on
the Economic Calendar – WSJ
Kiron Sarkar’s Weekly
Update – The Big Picture
Wall St Week Ahead – Reuters
Double-digit profit
growth may return in Q2
Week Ahead – Bloomberg
It’s the turn of the
Bank of England to hog the limelight next week. The U.K.’s central bank
unanimously decided to keep rates on hold at its last meeting. But as the
unemployment rate continues to edge lower, could a rate hike come sooner than
the market expects? Elsewhere, there are industrial production figures due
throughout the region, while eyes will also turn to the release of the minutes
from the latest meeting of the Federal Reserve’s Open Market Committee.
Weekly Market Outlook
– Moody’s
Weekly Focus – Danske
Bank
Fed will release
minutes from its 17-18 June meeting on Wednesday. These will reveal whether there
has been discussion among the FOMC members regarding the monetary policy * Industrial
production figures in the four biggest countries in the euro area are due for release.
We expect to see a lagged effect in the figures from the weaker global growth in
Q1
Strategy: Difficult for Fed to remain very
dovish – Danske
Bank
Slack in US labour
market decreasing fast * Fed expected to turn less dovish during summer/autumn
* US bond yields are looking vulnerable, particularly in the short end of the
yield curve * Fewer restrictions in TLTRO programme than expected should
support further lower Eonia
rates and further
periphery yield compression
Week Ahead – Nordea
The Fed will deliver minutes
and Bank of England will have their MPC meeting - likely reaffirming their
continued stance. CPI will be out from Norway and Sweden with the latter in
focus after a Riksbank surprise cut. Furthermore, China will present trade and
inflation data.
Scandi markets ahead –
Danske Bank
Viikkokatsaus – Nordea
STOCKS
Weekly Market Summary – The
Fat Pitch
Net, a small bump
higher in rates and the end of Fed stimulus in themselves are not things with
which to be concerned. The caveat, and this is key, is that macro growth, and
therefore SPX revenue growth, must now pick up. These are the things with which
to be concerned.
CREDIT
Weekly Credit Update – Danske
Bank
‘The hunt for yield’ is still the main theme on the
credit markets * The Bank For International Settlements (‘BIS’) warns of low
interest rates * Strong job report from the US
puts pressure on the Fed * The ECB leaves rates unchanged * Divergence between
US and EUR macro outlook and central bank policy.
Market Data Highlights – Moody’s
Euro
rates update – Nordea
FOREX
FX Outlook – Marc
to Market
Dollar Technicals not
as Strong as Fundamentals
EMERGING
EMEA Weekly – Danske
Bank
Belka should cut but
will not. Romanian central bank likely to ease further next week.
EM Preview: The Week
Ahead – Marc to Market
Commodities Update – Danske
Bank
The past week in
commodity markets has been about mounting supplies and further improvement in the
Chinese economy * Consequently, we have seen some big moves. Oil and grain
prices have dropped on an improved supply situation, while base metal prices
were lifted on increasing demand from China * Next week could prove just as
interesting with Chinese foreign trade data and the IEA oil market report and
USDA WASDE on the calendar.
CALENDARS
Economic Calendar – investing.com
Economic Calendar – BB
EU calendar – europa.eu
Markkinakalenteri – Nordnet