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on MoreLiver’s:
W/E: Weekly Support (updated)
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EUROPE
EUROPEAN CENTRAL BANK
Introductory
statement to the press conference – ECB
Eurosystem
staff macroeconomic projections – ECB
Live
Blog: Mario Draghi’s December press conference – FT
Live
Blog: Draghi hints at more easing action – Marketwatch
Live Blog: ECB Countdown to QE– WSJ
ECB Says
Much about Doing Nothing – Marc
to Market
ECB
Inflation Expectations Crash; Slashed By Half In Just 9 Months – ZH
Draghi’s
oil front against QE-opponents – Merkelnomics
Current
forecast: an announcement of a first intermediate QE in the first quarter,
followed by sovereign QE in the second quarter, unless the Eurozone economy
stages an unexpected growth revival.
Post-ECB:
Investors Were Hoping For More – WSJ
5 Things
to Know as the ECB Kicks the QE Can Down the Road – WSJ
Mr.
Draghi Keeps QE Up His Sleeve. For Now – WSJ
Draghi disappoints with more delays
and dithering – TradingFloor
The ECB
keeps interest rates unchanged, confirms the economic outlook has deteriorated
and cites the oil price decline as a reason to delay.
Draghi:
ECB to assess need for more action early next year – Reuters
Draghi
hinted at more easing in January – Danske
Bank
Draghi
Says ECB Will Reassess Stimulus Measures Next Year – BB
Mario
Draghi dragged the European Central Bank toward more monetary stimulus with a
pledge to assess the need early next year, disappointing investors seeking a
faster commitment.
ECB’s
reality check – Credit
Agricole
ECB Said
to Prepare Broad-Based QE Package for January Meeting – BB
ECB’s
Governing Council expects to consider a proposal for broad-based asset
purchases including sovereign debt next month, two euro-area central-bank
officials familiar with the deliberations said.
ECB "QE
Coming" Headline Sends Stocks To New Record High – ZH
ECB QE
drifts from if to when, say many analysts – Reuters
Goldman
Explains What Draghi Really Said – ZH
Draghi
looks to QE despite governing council split – FT
ECB
Market Take: Zigzaghi
– Nordea
On an
average day for an average central banker this was dovish, but given Draghi’s
November speeches, less so than many hoped. Immediate market reactions are in
agreement. The euro strengthens and rates tick up both near the front and in
the “QE-zone” around 10Y. QE still seems close to inevitable and will likely
arrive in Q1 2015.
ECB to
buy everything but gold? – Nordea
The ECB
refrained from new measures at this point, but Draghi prepared further the
ground for more stimulus early next year. Risks to our call for sovereign bond
purchases in March are now clearly towards earlier action. Core yields could
rebound a bit higher in the near-term, but new lows still lie ahead. The euro
will feel more pressure.
UNITED STATES
FRIDAY’S PAYROLLS
Preview:
Employment Report for November – Calculated
Risk
Ahead of
the November Employment Report – Tim
Duy’s Fed Watch
US
Employment Report: Not What it Used to Be – Marc
to Market
5 Things to
Watch in the November Jobs Report – WSJ
ASIA
OTHER
Daily
Central Banks – WSJ
Derby’s Take: For Fed Policy Rule Fans, Devil’s In The Details * Brainard
Says Fed Limited in Its Oversight of Nonbank Financial Activities * Fed’s
Plosser Repeats Call For Fed to Ready Rate Rises * BOE on Hold as Inflation
Eases * Putin Calls for Push Against Ruble ‘Attack’
Daily
Macro – WSJ
Although
the likelihood is that no formal action will be taken at the conclusion of its
governing council’s meeting, President Mario Draghi will have an opportunity
again to lay out a path toward further monetary easing in his press conference.
Signals from the central bank suggest its governing council is getting close to
adopting outright purchases of government bonds–quantitative
easing–notwithstanding German resistance.
Danske
Daily – Danske
Bank
Nordea
Morning – Nordea
Political
uncertainty dominates Swedish news flow * ECB monetary policy announcement
today
FI
Eye-Opener: Can the ECB really afford to wait? – Nordea
Longer
German yields edge further up – US yields retreat a bit. Core yields with some
more near-term upside left. EUR/USD at fresh 2-year lows. S&P 500 in record-breaking
mode again. US economy maintaining momentum. ECB
needs to deliver, but not ready for government bond purchases yet. Spanish and
French auctions ahead.
Five
Things to Know Ahead of the ECB Meeting – Marc
to Market
US Open – ZH
Algo Eyes
On Draghi Ahead Of ECB Announcement
Daily Shot: QE demonstrandum – TradingFloor
Trade
Ideas for 2015 – Global
Macro Trading
EMEA Weekly – Danske Bank
FINNISH
Aamukatsaus – Nordea
Mitä Draghi tekee tänään? | Ruotsi järjestää uudet vaalit |
Iso-Britannia on Euroopan suurista talouksista parhaassa vedossa
Keskustan kannatus pilvissä – YLE
Viime eduskuntavaaleista keskustan kannatus on noussut lähes
yksitoista ja perussuomalaisten sulanut lähes viisi prosenttiyksikköä. Sekä
kokoomuksen että SDP:n suosio on pudonnut eduskuntavaaleista kolme
prosenttiyksikköä.
Nordean pääekonomisti: lomarahat pois – KL
Nordean pääekonomisti Aki Kangasharju ehdottaa radikaaleja
toimia Suomen kilpailukyvyn palauttamiseksi. Nopeasti vaikuttavia toimia
voisivat olla lomarahojen poisto, eläkemaksujen leikkaus tai peräti palkkojen
alennus.
Elvytetty vai kiristetty? – Taloustaito
Elvytys ja budjettiautomatiikka: tekeekö poliitikon
napinpainallus euroista erilaisia? – Harhala
"Miksi raha ei kelpaa Suomelle?" – Verkkouutiset
Kokoomuksen kansanedustajat Sanna Lauslahti ja Ben Zyskowicz
ihmettelevät hallituksen päätöstä olla esittämättä EU- ja ETA-alueiden
ulkopuolisilta opiskelijoilta perittäviä lukukausimaksuja.
Pekka Ervasti: Porvaripohja murenee – YLE
http://yle.fi/uutiset/pekka_ervasti_porvaripohja_murenee/7668944?origin=rss
Timo Soini: Suomen EU-maksu tuplaantuu ja valta puolittuu
– Verkkouutiset
Pienten EU-maiden maksut kasvavat samalla, kun niiden valta
vähenee, perussuomalaisten puheenjohtaja Timo Soini sanoo.
Putkonen: PS paljastaa EU:n ja maahanmuuton porsaanreiät
– PS
Jäsenmaksut jakavat EU:ta – ”EU-politiikkamme pielessä ja
pahasti” – PS
Sampo Terho: Junckerin komissio muistuttaa rötösfirmaa
– YLE