W/E: Weekly Support (updated)
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EUROPE
Even though
European banks were endangered by their significant holdings of sovereign debt,
their portfolios were relatively less exposed compared to pensions, insurers,
and foreigners.
The
leaked Juncker decision on Moscovici – FT
Palace
Revolt in Eurozone’s Largest Bank – Wolf
Street
UKRAINE / RUSSIA
Russian
Roulette, reloaded – Bruegel
Russia Weighs Capital Controls in Case Net
Outflows Intensify – BB
Russia Loan Market Shut Down by Sanctions
Squeeze Funding – BB
EUROPEAN CENTRAL BANK
ECB
Faces Inflation Expectations Test – WSJ
ECB
preview – Danske
Bank
Draghi will
reveal details on ABS and covered bond programmes
Base
Effects Give ECB More Food for Thought – WSJ
MACRO NUMBERS
Euro area annual inflation down to
0.3% - Eurostat
Euro zone
inflation slows in September as expected – Reuters
Euro
Inflation at Five-Year Low Primes ECB for Deflation Debate – BB
Euro core
inflation surprises to the downside – Danske
Bank
Eurozone
Inflation Drops To Fresh 5 Year Low, EURUSD Tumbles – ZH
U.K. Economy Expands 0.9% as Strength of
Recovery Revised Up – BB
U.K. Consumer Confidence in Stasis as
Recovery Impact Hits Limit – BB
U.K. Home
Prices Post First Drop in 17 Months as Outlook Clouds – BB
Euro area
unemployment rate at 11.5% - Eurostat
German
Unemployment Unexpectedly Rises as Risks Increase – BB
UNITED STATES
Job growth
to make a rebound
Long-Term
Jobless Perfectly Employable, New Report Finds – WSJ
MACRO NUMBERS
U.S. consumer confidence falls in
September – Reuters
Consumer
Confidence Plunges, Biggest Miss Since Jan 2012 – ZH
U.S. home prices rise less than expected
in July: S&P/Case-Shiller – Reuters
ASIA
BOJ
Officials, Markets Differ Over Two-Year Time Frame – WSJ
Japan’s Anemic Production Data: Economists
React – WSJ
Japan’s Output Unexpectedly Slumps as
Retail Sales Rise – BB
BOJ Beat:
Officials’ Confidence Shaken By Bad Numbers – WSJ
Australia’s Options as It Seeks to Douse
House Prices – WSJ
China’s biggest political challenge since
Tiananmen in 1989 – FT
A Look at
Just How Much China’s Housing Downturn Could Hurt GDP – WSJ
China tries to avert property doom with
new policies – FT
OTHER
Daily
Macro – WSJ
The data
from around the world Tuesday provided fresh reminders that although the U.S. is growing, the headwinds from
other major economies are significant...The combined impact of this weak Asian and eurozone performance is
enough to offset the signs of sputtering growth in the U.S.
Daily
Central Banks – WSJ
Hilsenrath’s
Take: Report Points to Downsides of Fed’s Consensus Culture * Fed Rate Policies
Aid Foreign Banks * Fed Questions Bank Maneuver to Reduce Hedge Funds’ Dividend
Taxes * Annual Rate of Inflation in Eurozone Falls to Five-Year Low * Reserve Bank of
India Leaves Lending Rate Steady
Disappointing
Euro Area and Japanese Data Underpin Greenback – Marc
to Market
Trade
and the Impact of the Stronger Dollar – Marc
to Market
FX
trends in 2014, drawn and quartered – TradingFloor
Today, we
look back at the third quarter of 2014 and its developments and trends. The
goal, of course, is to be as informed as possible regarding developed market
forex trading into the fourth quarter. In the first of a two-part post, we look
at the long-term pressures surrounding key markets and currencies.
European
Stocks: Multi-year charts for Q4 perspective – TradingFloor
The
year-to-date movements have largely taken place in a defined sideways range,
i.e. in consolidation phases. At the margin, this keeps large cap European
indices in constructive patterns that could lead to a year-end rally.
FINNISH
POLITIIKKA
Suomen turvallisuuspolitiikka on puhdasta
lillerilallerisoitumista – IS
Tuomioja revittelee päiväkirjoissaan: tylyä tekstiä
Ahtisaaresta – IS
Tuomioja tyrmistyi Lipposen valinnasta – IS
Iiro Viinanen kritisoi Kataisen ja Stubbin hallituksia
päätösten lykkäämisestä – YLE
TALOUS
Eikö meidän siis pitänyt osata nämä Venäjä-jutut? – TalSa
”Oi niitä aikoja”, lauletaan vanhassa venäläisiskelmässä.
Muistatteko vielä lupaavat kasvumarkkinat ja Venäjä-delegaatiot? Nyt markkina
hiipuu ja Venäjä kyykyttää länsiyhtiöitä. Eikö Suomi osannutkaan lukea
naapurimaataan?
Viinanen haukkuu kokoomushallituksen: "Suomessa
eletään taas kuin pellossa" – IL
Onko vika todella valuuttakurssissa? – Hannu
Visti
Suurten yritysten liikevaihto elokuussa -3,2% YoY – Tilastokeskus
Sosiaaliturvarahastojen varat ylittivät 170 miljardia euroa
2014 Q2 – Tilastokeskus
Julkisyhteisöjen velka kasvoi 3 miljardia euroa vuoden 2014
Q2 – Tilastokeskus
Kotitalouksien velkaantumisaste 119,5 prosenttia 2014 Q2 – Tilastokeskus