Here are the links to the weekly roundups, reviews and also previews of the beginning week. Last week’s roundup-post is here.
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Weekly Scoreboard – Between The Hedges
Succinct summation of week’s events – The Big Picture
Weekly Market Review – ZH
Stocks & Bonds 'Pounded' After Biggest Risk-Parity Plunge In Over 6 Months
Bloomberg: What'd You Miss in Markets This Week? – Youtube
US Schedule for Week – Bill McBride
Economic Calendar – Berenberg
Global Week Ahead – BB
Clinton-Trump Meet in Round 2, Fed Minutes * JPMorgan Chase, Citigroup, Wells Fargo lead off bank earnings * Yellen, Carney, Kuroda top roster of monetary-policy speakers
EU Week Ahead – WSJ
Greece, CETA, Migration and the Future of Europe
Wall St Week Ahead – Reuters
Earnings season begins as White House race heats up
Weighing the Week Ahead: Is the earnings recession over? – Jeff Miller
We face a modest week for economic data. While equity markets remain open, bonds will not trade on Monday (Columbus Day). Yom Kippur begins Tuesday at sundown and extends through the next day. The punditry, fueled by recent revelations as well as Sunday’s debate, will pounce on the election news. With the official start of earnings season on Tuesday and important reports by the end of the week, perhaps we can hope to see a serious market discussion before the week ends. I expect the punditry (eventually) to be asking, is the earnings recession over?
EcoWeek – BNP Paribas
US: Philips curve, alive and kicking. Another month of strong payrolls growth. Unemployment rate edging up. Wages re-accelerating. EZ: Budget season. Member states are currently finalizing the draft proposals they will submit to the European Commission by mid-October. Its job will probably be difficult.
Week Ahead: Clinton vs Trump round 2 – Nordea
Next week, US events will take centre stage. The second presidential debate will take place during the night to Monday European time. The Fed minutes on Wednesday will show how close the FOMC was to hiking rates in September. From the Nordics, we will get the September inflation numbers.
Weekly Focus: Waiting for central bank signals – Danske Bank
Will the Fed hike rates in December or wait until next year? The coming week could tell us more about that, with important Fed speeches scheduled and minutes due from the September meeting, at which FOMC members differed on the policy course. Markets will also look for central bank signals in the Eurozone, following reports that the ECB is considering ways to taper QE. We believe US retail sales picked up in September after weakening for two consecutive months.
Strategy: The case for higher long-end bund yields – Danske Bank
Upside risk to long-end bund yields on tapering discussion, inflation * Risk of ‘hard Brexit’ has increased but GBP may stabilise near-term * A Trump win in the US presidential election would be negative for global equities, medium-term negative for USD vs G10 * A Trump win may pose upside risk to US yields.
UK Week Ahead – Handelsbanken
Week Ahead – Handelsbanken
Global Week Ahead – Scotiabank
Europe: Will Draghi set the record straight? US: Politics and the Fed * Asia: China rising?
Weekly FX Sentiment Report – Scotiabank
Weekly Market Outlook – Moody’s
Macro Weekly: A lot of distraction – ABN AMRO
Speculative Positioning – Marc Chandler
Bulls and Bears See Opportunity in the Currency Futures
FX Outlook – Marc Chandler
Near-Term Dollar Outlook
Macro Comment – Marc Chandler
FX 4 Next Week: Digesting NFP and Brexit plans – TF
The British pound dropped sharply this week, but recovered partly and gave an idea about what to expect in the time to come regarding GBP volatility. However, in other currencies things look different.