Google Analytics

Wednesday, November 30

30th Dec - OPEC boosts oil, JPY weak

Follow ‘MoreLiver’ on Twitter

Gauging Europe’s political risksBlackrock

Europe Warned It’s on Edge of Abyss Unless Brexit Lessons Heeded
Social democratic leaders warn of existential risk for EU * Germany’s Gabriel says Europe’s main policies are failing

BOE: UK is Europe’s investment banker, stability risks elevatedBB

France: Can Fillon Beat Le Pen?Project Syndicate
Fillon maintains momentum as poll shows him crushing Le Pen Politico
Fillon’s nomination was the worst case scenario for Le PenEuropp

Austrian Presidential Election is ImportantMarc Chandler
What would a far-right president mean for Austria? – FT

Italy’s Turn to Keep Traders Awake
Italy referendum ramificationsABN AMRO

Mario Draghi: Populism could unravel project Europe –
Speech  Mario Draghi: The productivity challenge for Europe – ECB
Survey on the Access to Finance of Enterprises in the Euro Area – ECB
Inflation up just a little bit, core rate stable – Nordea

Noah Smith: Give Trump's Infrastructure Plans a ChanceView / BB

Wall Street Reacts To Steve Mnuchin Choice For Treasury Secretary – ZH
Trump plans ‘largest tax change’ since Reagan, says Mnuchin – FT
 Donald Trump pledges to leave his business empire – FT

ADP Employment Report Jumps Most In 5 Months After Trump Win – ZH
ADP: Private Employment increased 216,000 in November – Bill McBride
U.S. private employers boost hiring; consumer spending rises – Reuters
U.S. Consumer-Spending Gain Moderates as Incomes Increase – BB
Personal income, consumption, price indexes – Daiwa

Jobs preview: not a key determinant for December hike – Danske Bank
U.S. growth to slow in H1 2017 before rising again in H2 – Pictet

The great December central bank countdown – TF
After an event-rich November, December is also scheduled to be full of drama for investors. On top of a full suite of central bank meetings, European political tensions will be high as Italy and Austria head to the polls.

Long-term dollar appreciation reaching maturity

El-Erian: The Messages Markets Sent Politicians in NovemberView / BB

Is Globalization Dead? A Different View of the Data Says No WSJ

Oil jumps 5 percent on prospects for OPEC output cut – Reuters
OPEC Ministers Say a Deal Is Close as Meeting on Oil Cuts Begins –
OPEC Agrees To "Contingent" Deal – ZH
OPEC agrees first output cut since 2008, Saudis to take 'big hit' – Reuters
OPEC Agrees to Cut Production in Drive to End Record Glut – BB
U.S. shale greater threat to OPEC after oil price war – Reuters
Oil surges as Opec agrees first supply cut in 8 years – FT
Deal more important for OPEC's reputation than the oil market – Danske Bank
The OPEC Deal – At A Glance – WSJ

Danske DailyDanske Bank

Markets cautious ahead of OPEC meeting * Today OPEC meeting and Euro-area inflation * Rates taper as stocks look fragile * USD shaky and ready to correct on first data miss

Morning MarketsTF
Oil prices rose on Wednesday in a nervous market ahead of a landmark Opec meeting in Vienna where the members are expected to try to forge a production cut to boost prices. Asian bourses were mixed with Chinese shares falling Japanese stocks flat and Korean and Hong Kong shares ending firmer.

Euro wrap-upDaiwa

Daily Market CommentMarc Chandler
Renewed OPEC Hopes and Month End Featured

Daily Market CommentMacro Man
A spectre of short covering

Daily Press Summary Open Europe

Brussels PlaybookPolitico

US Open ZH
Global Stocks, US Futures And Yields, Rise As Oil Soars On OPEC Deal Optimism