Google Analytics

Friday, October 27

27th Oct - Good US GDP, Catalonia declares independence





Follow ‘MoreLiver’ on Twitter


EUROPE
A buoyant euro area labour market – Pictet
Recent economic crises took a heavy toll on the employment level in the euro area, with almost five years of uninterrupted employment losses.

  SPAIN
Spain set to impose direct rule in Catalonia as crisis spirals – Reuters
Catalan parliament votes to start 'constituent process' to split from Spain – Reuters
Catalonia's Parliament to Vote on Declaration of Independence – BB
Contagion Spreads To Europe Amid Spanish Bank Bloodbath – ZH
Catalonia declares independence from Spain, direct Madrid rule looms – Reuters
Spain Gets Ready to Take Control After Catalonia Declares Independence – BB

  EUROPEAN CENTRAL BANK
Results of the Q4 2017 ECB Survey of Professional Forecasters – ECB
The ECB Shows It Has Won the Market's Trust – BB         
Peter Praet: EMU - how much federalism? – ECB
Weidmann Says ECB Should Have Set Clear End Date for Bond Buying – BB


UNITED STATES
It’s Going to Stay a Yellen Fed No Matter Who Gets the Job – BB
Trump Leans Toward Jay Powell as Next Fed Chairman – BB

  GDP Q3
GDP Unexpectedly Grew At 3.0% In Q3, Ignores Hurricanes Harvey, Irma – ZH
U.S. economy grows 3 percent in third quarter on inventories, trade – Reuters
Growth at Above-Forecast 3% on Consumers and Businesses – BB
Economists react to report: ‘There’s Nothing to Complain About’ – WSJ
GDP grew 3% q-o-q SAAR in Q3, pushing up the y-o-y print to 2.3% - Pictet
GDP results generally bode well for the outlook – Daiwa


OTHER
Daily Prophet: Draghi Shows How to Taper Without a Tantrum – BB

Asia monthly October: EM sell-off – Nordea
Last month we have experienced an EM sell-off, but in our view it is still too early to call off the 2017 as the EM year. At a 3-month horizon, we see the biggest potential in the INR and the MYR, while we think the PHP and the SGD will underperform.

High Frequency Trading – Lighthouse Investment Management

Following The Stock Market Is Bad For Your Returns – The Fat Pitch
The irony of equity investing is this: if you knew nothing about the stock market and did not follow any financial news, you have probably made a very handsome return on your investment, but if you tried to be a little bit smarter and read any commentary from experienced managers, you probably performed poorly.


REGULARS
FirstFT Daily Briefing – FT
Solid Super Thursday, JFK files released, Australia’s citizenship fiasco

WSJ City – WSJ
Tech Giants Boom, RBS Posts Profit, Pivotal Day for Catalonia

Danske Daily – Danske Bank

Eye-Opener – Nordea
US tax reform edges forward * More focus on Catalonia
ECB announces a halving in the pace of its net asset purchases * German and especially Spanish bonds rally * EUR crushed by dovish ECB while USD buoyed by tax hopes

Daily Market Comment – Marc Chandler
Greenback Finishing Week on Firm Note

Brussels Playbook – Politico
Easy money flow slows — John Boehner does Frankfurt

Five Things You Need to Know to Start Your Day – BB

US Open – ZH
Global Stocks Jump Among Earnings Bonanza; Nikkei Closes Above 22,000 For First Time In 21 Years

Frontrunning – ZH


FINNISH
Aamukatsaus – Nordea
EKP ilmoitti osto-ohjelmansa supistamisesta | Tänään julkaistaan USA:n kolmannen neljänneksen BKT-luvut | Ruotsin keskuspankki piti ohjauskoron odotetusti ennallaan