Here are
the links to the weekly roundups, reviews and also previews of the beginning
week. Last week's 'Support' here.
This post will be updated as new
material is published.
Previously
on MoreLiver’s:
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Weekly Scoreboard – Between
The Hedges
Friday’s Price Monitor – Global Macro Monitor
Last Minute Fizzle Fails To Dent Best 3-Day Stock Surge In 3 Years
Succinct summation of week’s events – The
Big Picture
US Schedule for Week – Calculated Risk
Economic Calendar – Berenberg
Greek presidential elections: on the brink * Eurozone monetary data: slowly
turning credit cycle * Global manufacturing PMIs: cheap oil effects?
Economic Calendar – Handelsbanken
5 Things to Watch on the Economic Calendar – WSJ
Before Santa comes down the chimney, reports on home sales, sentiment and
other data will be released.
Wall St Week Ahead – Reuters
Oil, stocks go their separate ways
Weighing the Week Ahead – A Dash of Insight
Time for
the 2015 Pundit Forecasts!
Weekly Market Outlook – Moody’s
Weekly
Focus: Oil prices to bottom in Q1 15 – Danske
Bank
We expect
the focus to remain on oil price development and Russia over the coming weeks *
US: we estimate PCE core inflation was 1.5% y/y in November: The labour market
report for December is due to be released in the first week of January * EZ: we
expect headline HICP for December to decline to negative territory at -0.1% y/y,
while core inflation should remain unchanged at 0.7% y/y * The third and final
round of the Greek presidential election is scheduled for 29 December.
Strategy: Calm after the storm – Danske
Bank
Risk markets recover following another correction * Stronger business
cycle signals set to underpin risk assets in H1 15 * Looming Fed hikes put
upward pressure on US yields and USD
Week Ahead – Nordea
In the US we will
have a lot on the plate over Christmas including Q3 GDP, FOMC minutes and Non-farm
Payrolls. The Euro Area will deliver a presidential election in Greece and a
flash estimate of the euro area inflation. The most interesting event in UK over the
next couple of weeks will be the MPC meeting in January. China will
bring foreign trade data and both Norway and Sweden will
deliver Novembers retail sales figures.
Viikkokatsaus – Nordea
Macro
Watch: FOMC patient despite unruly ruble – TradingFloor
The ruble
stole the show this week with an abysmal performance, particularly on Tuesday.
STOCKS
Weekly Market Summary – The Fat Pitch
If the
trend line tops are in fact resistance, then there is limited upside from here (about
another 2%).
2014 a
fascinating year for equities – TradingFloor
Disappointing
year for emerging markets * Global equity markets continued to rise * Growth
markets outperformed value markets by wide margin
CREDIT
Weekly Credit Update – Danske
Bank
Financial
forecast update: More plenty of volatility around Christmas – Nordea
Even though
we expect long German yields to reverse course early next, yields have more
room to fall in the final weeks of this year. We continue to expect the Fed to
start hiking rates in June 2015 and the ECB to deliver QE in early 2015. More
volatility will be in store in the coming weeks.
Euro rates update – Nordea
FOREX
FX
forecast update: Santa bringing volatility instead of presents – Nordea
The end of
the year has provided plenty of volatility, especially in Scandis. While global
oil price developments recently led us to revise our EUR/NOK forecasts, we see few reasons to
change our other FX forecasts for now. While we see negative krona risks
stemming from the Riksbank, this is to some extent mitigated by the current
valuation of the SEK. We remain USD bulls.
COMMODITIES
Commodity
weekly: How low can crude oil go? – TradingFloor
Commodities
are heading for the weakest annual close since 2002 as collapsing oil prices
continue to set an overall negative tone in the market. This week, we saw some
of the worst turmoil hitting petro-currencies while the U.S. Federal Reserve
kept the door wide open for interest rate hikes during 2015.
Oil
price to bottom when non-OPEC output rise halts – déjà vu #2 – Danske
Bank
CALENDARS
Economic
Calendar – investing.com
Economic
Calendar – BB
EU calendar – europa.eu
Markkinakalenteri
– Nordnet