Previously
on MoreLiver’s:
W/E:
Weekly Support
Follow ‘MoreLiver’ on Twitter
EUROPE
Merkel’s
challenge is to convince her people they have reliable partners, says Marcel
Fratzscher
It’s
Merkel Legacy Moment as She Tackles Twin Crises – BB
How the
German chancellor navigates the two-front crisis emanating from Moscow and Athens could determine whether she rises
to her role as Europe’s dominant leader or slips into history as a risk-averse manager who
couldn’t hold the region together.
Merkel
and Hollande fly to meet Putin – FT
SWITZERLAND’S RESERVES
SNB’s
Foreign Currency Reserves Hold Steady Amid Cap Exit – BB
Swiss
currency reserves edge up in January – MarketWatch
Rise in
Swiss forex reserves indicates SNB still intervening to curb franc – Reuters
GREECE
Germany wants new Greek rulers to ditch
anti-austerity promises – document – Reuters
Frances
Coppola: Greece should bail-in the eurozone – FT
Another
euro stitch unpicked – Macropolis
The Greek
banking system: a tragedy in the making? – Bruegel
‘The
Communist Manifesto’ (2015 edition) – Reuters
EUROPEAN CENTRAL BANK
Will QE
Work Its Magic on Inflation? These Bonds Aren’t So Sure – WSJ
ECB
finally leaves politics to politicians – Open
Europe
The ECB was
thrown into politics long ago. It has now handed a hugely political decision – Greece’s future inside the Eurozone – back
to politicians.
UNITED STATES
Fed
Updates – Tim
Duy’s
EMPLOYMENT REPORT (JANUARY)
257,000 Jobs,
5.7% Unemployment Rate – Calculated
Risk
257K jobs
in January; unemployment ticks up to 5.7 percent – WaPo
Jobs Report:
Everything You Need to Know – WSJ
The Numbers:
January Jobs Report – WSJ
Spectacular
Report Lifts Dollar, Mid-Year Hike Most Likely Scenario – Marc
to Market
Payrolls
Smash Expectations, Hourly Earnings Surge Most Since Nov 2008 – ZH
BLS
Unleashes Whopping Revisions To 2014 Jobs Data – ZH
Stocks,
Bond Yields, & The Dollar Surge On "Good News” Jobs Report – ZH
January’s
Jobs Report in 10 Charts – WSJ
Very strong
employment report – Danske
Bank
Strong Jobs
Move Forward Rate Hike Expectations – Bespoke
Employment
Report Comments and Graphs – Calculated
Risk
Benchmark
Revisions Cast Rosier Glow on 2014 – WSJ
Hilsenrath:
Jobs Report Means Fed Could Still Raise Rates in June – WSJ
Economists
React: ‘Astonishingly Strong’ – WSJ
Jobs
report: Getting harder to justify zero rates – Nordea
5 Takeaways
from the January Jobs Report – WSJ
January
Jobs Report Shows Workers’ Wages Rising – WSJ
Upbeat Jobs
Report – Tim
Duy
ASIA
RBA
sounds currency war cry with rate cut – TradingFloor
When the
Reserve Bank of Australia cut interest rates, it was
signalling that it didn't want to be left behind in the global contest of
currency depreciation. But there was no need to cut: it just decided that the
local economy would take second place to international pressures.
REGULARS
Daily
Central Banks – WSJ
Hilsenrath’s
Take: Third Piece of Wage Puzzle Falls Into Place With Jobs Report * Plosser
says No Agreement Yet on Whether to Remove “Patient” from Policy Statement * Two
Capitol Hill Democrats Seek Details on Fed Leak Probe * What You Need to Know
About China’s Growth Moves * BOJ Won’t Act if CPI Falls on Oil Plunge
Daily
Macro – WSJ
The
consistent rally in the dollar so far this year has mostly been driven by
external factors, as central banks everywhere else have resorted to aggressive
monetary easing solutions, sending holders of euros, yen, and Australian and
Canadian dollars in search of greenbacks. But Friday’s one of those days when
we get to test the other side of the equation: is the U.S. economy as detached from the rest
of the world’s woes as the market assumes it to be and if so, what does that
mean for prospects of rate increases by the Federal Reserve?
Danske
Daily – Danske
Bank
Eye-Opener – Nordea
DK rates
cut again, Greek/German standoff, dollar weaker ahead of US payroll set to miss, bond rally
losing some steam
Focus on
US Jobs, while Market Debates Details of ECB's Move – Marc
to Market
While Greek
has to negotiate with its creditors, other countries in Europe are doing fairly well. Ukraine on the other hand is facing
financial problems on top of the political struggle and in the US the trade deficit increased more
than expected.
US Open – ZH
Futures
Unchanged Ahead Of Payrolls
From the
floor – TradingFloor
Oil, the
Aussie and US jobs: these are the elements that are in play today as investors
await the US nonfarm payrolls print. On the
equities front Peter Garnry clarifies his negative stance on Twitter in light
of the companies earnings beat. Essentially? No user growth, no revenue growth.
Meanwhile, European leaders are in Moscow seeking an end to the Ukraine crisis, which brings the prospect
of a rouble gap closer and closer.
FINNISH
Aamukatsaus – Nordea
Suomen Kreikka-lainat jo lähes arvottomia | Tänään saadaan
USA:n työmarkkinaraportti | Saksan joulukuun tehdastilaukset ylittivät markkinoiden
odotukset
Pekkarinen vastaa Sasille: Keskustalla on yksi eurolinja
– entä kokoomuksella? – Verkkouutiset
Keskustan kansanedustajan Mauri Pekkarisen mukaan keskustan
eurolinja on yhtenäinen, mutta kokoomus vaikuttaisi olevan hajallaan.
Hän ratkaisee nämä vaalit – miljoona äänestäjää etsii
poliittista kotia – SK
Keskustalle on luvassa yli 300 000 uutta ääntä. Se imee
kannattajia kaikista muista puolueista.