Google Analytics

Monday, January 8

8th Jan - European barometer to post-2000 highs

Follow ‘MoreLiver’ on Twitter

Merkel at bay…Social Democrats to set high coalition priceThe Guardian
German chancellor faces hard talks with centre-left on Sunday to secure fourth term, but rightwingers may cause trouble

John Lloyd: There’s a better way to unite EuropeReuters
The European political year, grinding back into gear for 2018, is full of doubt, even woe. In the continent’s major countries politics are stuck, or likely to stick, in cul-de-sacs from which exit is difficult. Only in France, under the banner not so much of the tricolor as the injunction En Marche! (Let’s Go!), is there official optimism and vigor.

The Eurozone: Going into overdriveING
Recovery seems to be going into overdrive - for how long can that continue? * Eurozone indicators close to historical highs * The political conundrum * Growth momentum and solid base effects

Nordic OutlookDanske Bank
Denmark: Growth running at 2%, with risks more towards overheating than the opposite * Sweden:  Housing investment will no longer ensure high growth * Norway: Oil investments set to drive growth as housing investment slows * Finland: Growth set to slow a little but remain high.

Euro-Area Economic Confidence Soars to Nearly Two-Decade HighBB
Index rose to 116 in December, forecast was for 114.8 * 2017 economic growth set to have been strongest in a decade

Macro: Home Sales, Retail Sales and Manufacturing Surge Higher The Fat Pitch
The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests the imminent onset of a recession is unlikely.

Republicans, Democrats Far Apart on Deal as Shutdown Clock TicksBB
Less than two weeks remain to work out agreement on spending * Immigration, budget caps are two major issues unresolved

Bannon’s Olive Branch Too Late for Angry TrumpBB
Fallout continues from book portraying White House dysfunction * Trump gives aides a choice: you’re with Bannon, or with me

El-Erian: U.S. Needs a Well-Designed Infrastructure PlanBB
The question isn't the economic or financial desirability of such a program, but its political feasibility.

Monthly Economic Update: The growing inflation puzzleING
The financial markets have started 2018 where they left off in 2017. Manifold geopolitical risks continue to be treated as background noise, and a stream of mildly positive growth surprises continue to keep asset prices buoyant. In our view, forecasters may still be underestimating the upswing, in which case a bigger threat to the markets’ mood may come from inflation. 2018 may give some answers to the puzzle as to why inflation hasn’t already stirred.

Five macro themes for 2018
Danske Bank
Robust global recovery continues * Inflation to stay subdued * The (long) road to monetary policy ‘normalisation’ * Political risks to remain in check * China the main downside risk to global growth

U.S. Equity Melt-Up Already Obliterating Analysts' 2018 TargetsBB
Equity Euphoria Grips the Entire WorldBB

I Can't Shake This Feeling....More on USD/JPY Macro Man

FirstFT Daily BriefingFT
UK cabinet reshuffle, Iran’s English ban, PwC’s drones unit

U.K. Companies Tighten Belts, Apple Investors Question Social Responsibility

“Best of the web” daily chartsLukas Daalder

Danske DailyDanske Bank
We are heading for a quieter week in terms of data where inflation takes centre stage after activity numbers were in the spotlight last week.

Daily Market CommentMarc Chandler
Dollar Posts Modest Upticks to Start the New Week

Brussels PlaybookPolitico
Barnier meets Farage — EU budget battle begins — Peter Sutherland dead at 71

Five Things You Need to Know to Start Your DayBB

Euphoria Sends Global Stocks To New Record Highs, Korean Won Boosts Dollar With Overnight Fireworks


Aamukatsaus Nordea
Tällä viikolla huomio kohdistuu inflaatiolukuihin | USA:n työmarkkinaraportti oli hieman odotuksia heikompi | Tänään ei ole tulossa merkittäviä datajulkistuksia
Teemu Muhonen: Suomalaisista ei ole tullut työn karttelijoitaTalSa
Hallitus patistelee työttömiä töihin, vaikka työllisyysaste on jo lähellä huippulukemiaan. Ongelma ei ole suomalaisten laiskistuminen vaan ikääntyminen.