Google Analytics

Thursday, February 15

15th Feb - Rally

Market dashboard: US stocks are rallying, but Europe is reluctant. USDJPY's plunge notable. Oil, junk bonds are back in rally-mode. Implied volatility and correlation both are recovering back toward "normal" levels after the shock.

Crude and junk suggests the stock market has found it's bottom, but Europe's mediocre rally.... lagging, or German coalition talks & Italian elections a drag?




Follow ‘MoreLiver’ on Twitter


EUROPE
European Musical Chairs- an update – ING
Eurozone finance ministers are set to agree on a successor to ECB vice-president Vítor Constâncio. It's the first piece of a big puzzle in the near-total overhaul of the bank's board

Building support for De Guindos for ECB – ABN AMRO

Merkel Says CDU Won't Allow New German Debt in Pact With SPD – BB


UNITED STATES
Industrial Production Decreased 0.1% in January – Bill McBride
Three Gauges Show Prices Rising in U.S. Production Pipeline – BB
Producer prices rise in January on gasoline, healthcare – Reuters
Factory output fails to grow for second straight month – Reuters


MARKETS / OTHER
Bridgewater's European shorts $22 Billion - here’s the list – ZH
Ray Dalio Bets Big Against Europe – BB
Hedge fund Bridgewater makes $22 billion bet against European firms – Reuters

The VIX Futures Curve Reverts Back to Normal –
BB

When Trump’s SEC Punishes Wall Street, It’s Often Done Quietly –
BB

A Global Investor's Equities Playbook for Rising Bond Yields –
BB


REGULARS
FirstFT Daily Briefing – FT
Zuma departs, bitcoin’s slapdown, US school massacre

WSJ City – WSJ
Brexit Heads for Ireland Showdown, Zuma Resigns, U.K. Blames Russia for Cyberattack

WSJ Economics – WSJ
Inflation and the Fed | Immigration Debate Advances | Companies Lower the Bar for New Hires

“Best of the web” daily charts – Lukas Daalder

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler
Stocks Jump, Bonds Dump, and the Dollar Slumps

Brussels Playbook – Politico
EU mega president — SPD chaos — BoJo’s no-woe mojo

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

US Open – ZH
Global Stocks, S&P Futures Soar, Ignoring Yields Creeping Ever Closer To 3.00%

Frontrunning – ZH


FINNISH
Aamukatsaus – Nordea
USA:n tammikuun inflaatio yllätti ylöspäin, pörssit kuitenkin nousussa | Ruotsin asuntohinnoissa nähtiin nousua | Tänään on julkistuksien osalta hiljainen päivä

Aamukatsaus – Danske Bank