Google Analytics

Thursday, November 23

23rd Nov - European sell-off





Follow ‘MoreLiver’ on Twitter


EUROPE
Germany Heaps Pressure on SPD to Bow to Call for Merkel Pact – BB
 ‘Grand coalition’ seen as best option to avoid new election * Risks for Germany’s top parties in vote could outweigh rewards

A World Without Merkel – BB
After the collapse of coalition talks, the German chancellor is looking weaker than ever.

ECB Is Said to Review Corporate-Bond Plan as Next QE Step Nears – BB
Private debt may make up larger share of QE purchases in 2018 * Some policy makers skeptical over effectiveness of the program


UNITED STATES
  FEDERAL RESERVE
Dovish Inflation Concerns, “Sharp Market Reversal Could Damage Economy” – ZH

Fed Signals December Hike Even as Debate on Prices Persists – BB
Another increase ‘was likely to be warranted in the near term’ * Meeting minutes also show concerns about financial imbalances

Dollar Sinks on Fed's Inflation Concern, Rate Path: Markets Wrap – BB
Gold Jumps, Dollar Dumps After Dovish Fed Minutes – ZH

  DATA
U.S. Business Equipment Orders Fall for First Time Since June – BB
Core Capital Goods Orders Plunge Most In 13 Months – ZH
Consumer Sentiment in U.S. Eases From Highest Level Since 2004 – BB
UMich Consumer Confidence Slides In November As Faith In Stocks Falters – ZH


MARKETS / OTHER
These Are The Top 50 Hedge Fund Long And Short Positions – ZH

JPMorgan: Every Investor Class Is Now All-In Stocks – ZH

BoJ: We'll Let 10-Year Yield Rise Above Zero Percent Target Around 1Q 2018 –  ZH

China's $3.4 Trillion Corporate Bond Market Faces Rocky 2018 – BB

Leonid Bershidsky: Google Is Filtering News for the Wrong Reason – BB
If the standard is corporate safety, democracy has a problem.


REGULARS
FirstFT Daily Briefing – FT
UK Budget day, Uber data breach, Mugabe steps down

WSJ City – WSJ
What to Watch in the U.K. Budget, Akzo and Axalta End Talks, Uber Reveals Data Breach and Cover-up

“Best of the web” daily charts – Lukas Daalder

Danske Daily – Danske Bank

Eye-Opener – Nordea
Optimism back in global stock markets * UK public finances in focus today * US curve continues to flatten ahead of FOMC minutes * Big moves in Scandi FX

Brussels Playbook – Politico
Meet the weak powerful — Berlusconi vs. Italy — Verhofstadt’s Paradise Papers link

Five Things You Need to Know to Start Your Day – BB
https://www.bloomberg.com/authors/ARIYqLnEHrg/lorcan-roche-kelly

US Open – ZH
Asian Stocks Smash Records; Dollar Slides As Crude Surges To July 2015 Highs

Frontrunning – ZH


FINNISH
Aamukatsaus – Nordea
Fed julkaisee tänään marraskuun kokouksen pöytäkirjan | Iso-Britannian valtiovarainministeri Philip Hammond pitää budjettia koskevan puheen parlamentissa | Riksbank julkaisee puolivuosittaisen, talouden vakautta koskevan raporttinsa