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Wednesday, January 7

7th Jan - EZ inflation drops to -0.2%



Previously on MoreLiver’s:

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EUROPE
Juncker Left the EU Summit with an Empty Christmas Sackeuinside
The traditional December EU summit set a record of the shortest one in history

Maybe the SNB is the Only Real Buyer of the EuroMarc to Market
Euro slide not over as pressure grows on ECB: Reuters pollReuters

  GREECE
Merkel says she wants Greece to stay in the euro zoneReuters

Greek euro exit, debt rescheduling not on agenda: Moscovici to Le MondeReuters

  EUROPEAN CENTRAL BANK
ECB QE will not make Europe a good investmentFT

  MACRO NUMBERS
Euro area annual inflation down to -0.2% - Eurostat
Negative euro inflation in December – Danske Bank
Negative inflation here to stay for a while – Nordea
Eurozone falls into deflation for first time since October 2009 – FT
Inflation Hit Hands Mario Draghi Fuel for QE – WSJ
Welcome to deflation...it's here and it's hurting – TradingFloor
Prices fall more than expected in December, likely to trigger ECB action – Reuters
Euro-Area Deflation Risks Mount With Falling Consumer Prices – BB

Italy Unemployment Rises to New High, Showing Europe Divergence – BB
German Unemployment Falls to Record Low on Economic Recovery – Reuters


UNITED STATES
FOMC Minutes Preview: The 3 Key Issues The Sell-Side Is Looking For – ZH
5 Things to Watch in the Fed’s December Minutes – WSJ
FOMC Minutes – Calculated Risk
Fed Minutes Show Rate Rise Unlikely Before April – BB


Downside risk for December payrolls – jobs report preview – Nordea

ASIA
A Test for Abenomics 2.0? Marc to Market

REGULARS
Daily Central BanksWSJ
Hannon’s Take: Deflation Threat Level Rises for ECB * Obama to Nominate Allan Landon to Federal Reserve Board * Fed Names Thomas Laubach to Head Monetary Affairs * Eurozone Consumer Prices Fall * Documents Shed New Light on BOE Response to Financial Crisis

Daily MacroWSJ
Global deflation, and its market impact, is the theme of the moment. Not only did we get outright annual deflation in the eurozone’s consumer price index for December, but Brent crude, the international benchmark for oil prices, dropped below $50… What’s striking is the global nature of this phenomenon. To arrest it, policy makers need to be thinking about international coordination.

Danske DailyDanske Bank

FI Eye-OpenerNordea
Euro-area inflation to turn negative * Ultra-long rates plunge * Plummeting oil prices still hurting the NOK

Oil Falls, Pushing Euro Area into Outright DeflationMarc to Market

US OpenZH
First EZ Deflation Since Lehman Sends Futures Higher; Brent Tumbles Below $50 Then Rebounds

FINNISH
Aamukatsaus Nordea
Ruotsi vauhdilla uuteen vuoteen | Tänään keskiössä euroalueen inflaatioluvut ja Fedin kokouspöytäkirja

Vieraana Juhani Huopainen Radio Rapu
Teemoina euroalue, Kreikan tilanne, sekä laajemmin Euroopan ja Suomen taloudesta. Onko Kreikan taival mukana yhteisvaluutassa tulossa päätökseen? Mitä seuraavan hallituksen pitäisi tehdä Suomen talouden tervehdyttämiseksi?

Kommentti: Asento, lepo, vaaleihin, mars!MTV

Kreikan kriisi käymässä kalliiksi Suomelle - pettivätkö poliitikot äänestäjänsä?IS

Mitä jos Kreikka eroaa eurosta? – ”Ei tule millään konsteilla selviämään veloista”IS

Vaalikauden talouspolitiikasta julkaistaan riippumaton arvioVerkkouutiset