Google Analytics

Saturday, December 3

3rd Dec - Weekly Support

Here are the links to the weekly roundups, reviews and also previews of the beginning week. Last week’s ‘Weekly Support’ is here.

Follow ‘MoreLiver’ on Twitter

Weekly ScoreboardBetween The Hedges

Succinct summation of week’s eventsThe Big Picture

Weekly Market ReviewZH
Tech, Small Caps Suffer Worst Week In 10 Months As Trump Hangover Hits

Bloomberg’s What'd You Miss in Markets This Week?Youtube

S&P 500 Snapshotdshort
Flat Friday, Down 0.97% for the Week

World Markets Weekend Updatedshort
The Rally Takes a Pause

US Schedule for WeekBill McBride

Economic Calendar – Berenberg

Wall St Week AheadReuters
Wall Street little changed as bank rally pauses

Weighing the Week Ahead  Jeff Miller

EU Week Ahead WSJ

EcoWeekBNP Paribas
The production cut announced by OPEC countries for the first half of 2017 led oil prices to markedly rebound. This is bad news for consumer spending, as energy demand is quite inelastic to prices. But the flexibility of US oil production should limit the increase in oil prices.

Week Ahead: Italy and ECB meeting Nordea
Financial markets should be prepared for a NO in the Italian referendum, causing a period of political uncertainty that could affect not least the banking sector. From the ECB, we expect more easing and no tapering hints to keep bond yields low.

Weekly Focus: ECB and EU politics Danske Bank
Italian referendum on Sunday – ‘No’ seems likely but do not expect market panics or exit rumors * ECB meeting to extend QE * Last Fed speeches before blackout period * UK Supreme Court hearing on Art.50

Strategy: Political super cycle not over yet Danske Bank
The global recovery is gathering pace and is likely to continue in 2017 * Long-term yields are set to rise further with reflation, primarily in the US * Despite a fragile OPEC deal, oil prices are likely to rise further in 2017 * Position for a stronger USD near-term but expect a rebound in EUR/USD later in 2017 * Stronger global economic outlook is still positive for equities.

UK Week AheadHandelsbanken

Week AheadHandelsbanken

Global Week AheadScotiabank
Europe: Italians and Austrians vote ahead of the ECB * Canada: BoC waiting for inflation, exports and Trump * US: Calm before the hike * Asia: Chinese, Indian inflation on opposite path * LatAm: Driven by external factors

Weekly FX Sentiment Report Scotiabank

Weekly Market OutlookMoody’s
Stocks to Guide Yields and Credit in 2017

Macro Weekly: No time for ECB taper ABN AMRO
ECB on Thursday to announce whether and at what pace to extend QE beyond March and changes to increase the eligible universe of assets. We expect the ECB to extend asset purchases at the same pace through to September 2017 while dropping the restrictions on not being able to purchase assets yielding below the depo rate and below a 2y maturity. Tapering would be inconsistent with the subdued trend in core inflation as well the weakness in labour cost growth. Our base case would boost German government bonds, especially at the short end of the curve, and lead to a lower euro.

Speculative PositioningMarc Chandler
Speculators Net Short Yen in the Futures Market for the First Time in a Year

FX OutlookMarc Chandler
Markets Lack Near-Term Conviction

Macro Comment Marc Chandler

Focus Shifts toward Europe
FX Week Ahead: Us needs to step up or risk stalling TF
The US dollar struggled in places this past week, most notably against resurgent sterling and oil-linked currencies. Now it's time for the strong USD to step up again for further gains if bulls want to avoid it stalling from now until year-end. We would like to see a broader-based USD rally, especially against the commodity currencies, euro and the Swiss franc in the coming week