Here are the links to the weekly roundups, reviews and also previews of the beginning week. Last week’s post is here.
Previously on MoreLiver’s:
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Weekly Scoreboard – Between The Hedges
Succinct summation of week’s events – The Big Picture
Weekly Market Review – ZH
Bloomberg Best of the Week – BB
US Schedule for Week – Bill McBride
Economic Calendar – Berenberg
5 Things to Watch on the US Economic Calendar – WSJ
Week Ahead – BB
Fed, Trump-Kelly, Hedge Funds. U.S. housing, consumer prices; Japan seen returning to growth. Cisco, Wal-Mart earnings; ‘Championship Sunday;’ Preakness
EU Week Ahead – WSJ
NATO, G-7, Greece, Migration and Weedkiller
Wall St Week Ahead – Reuters
S&P seen failing in reach for year-old record
Weighing the Week Ahead – Jeff Miller
Is it Springtime for housing?
EcoWeek – BNP Paribas
EZ: Strong start to the year for the German economy, and Eurozone GDP is up 0.5% q/q. But a slowdown is expected in the spring. US: The labour market has been losing momentum. It could be additional evidence of the soft patch the US economy went through in early 2016. It could also signal further slowdown on the horizon. ECB: Conventional monetary policy can be, and often is gradual. Unconventional policy cannot afford that luxury. Four reasons are behind the necessity of acting as fast and boldly as possible once unconventional policies have been initiated. Spain: The job market is still fragmented, split between permanent jobs on the one hand and temporary jobs on the other.
Week Ahead: Fed to remain hesitant – Nordea
Next week’s main event is the release of FOMC minutes. Data from the US will be rich next week with the April CPI report and manufacturing output data. In the Euro area, ECB meeting minutes and CPI prints are due. Also next week, we get the UK March employment report and CPI data and preliminary Q1 GDP data from Japan.
Weekly Focus – Danske Bank
Tue US CPI core +2.1% * Wed FOMC minutes likely divided, June hike closed
Strategy – Danske Bank
The market has become overly pessimistic on US growth in our view * The USD has bottomed and will strengthen near term, particularly versus European currencies * The window for higher euro yields has closed on Brexit risks and flows * Brexit risks, a stronger USD and falling China credit growth suggest that the risk rally will fade near term.
Week Ahead – Handelsbanken
Global Views Weekly – Scotiabank
Weekly FX Sentiment Report – Scotiabank
Weekly Market Outlook – Moody’s
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Macro Weekly - – ABN AMRO
The global business cycle: for better or worse? Commodity prices and cyclical assets have recovered since late February, but what does that signal? Is this the result of the earlier decline having gone too far or does it signal an improvement in global cyclical conditions? The evidence is mixed, but we think it weighs in favour of an improving outlook.
EM FX Weekly – ABN AMRO
Brazilian real likely to weaken somewhat… as focus turns back to reality. The Polish zloty has been the weakest CEE currency… because of political and downgrade risks… while we expect the Hungarian forint to shine.
FX Weekly – ABN AMRO
USD has recovered in recent weeks. JPY weakens due to verbal intervention from Finance Ministry. Commodity currencies under pressure. Norges Bank leaves rates unchanged at 0.5%.
Speculative Positioning – Marc Chandler
Significant Speculative Position Adjustment in the Currency Futures
FX Outlook – Marc Chandler
Dollar's Technical Tone Improves, but No Breakout (Yet)
Last week saw a US dollar recovery that was given an additional boost Friday in the form of a very strong April retail sales report. The outcome here, of course, is being felt in EURUSD, but look for weakness in the loonie as well.