ESM vote, leaked European banking union plans, and the latest Finnish 'bribery-like' (I don't want to get sued) Finnish scandal that seems to involve everyone. I'm not sure if they will even get scared or just more careful in the future. If scared, maybe we will see less shit like this in the future. If more careful, it will only be hidden deeper. Pure amateurs, they didn't even give identical stories in police interrogations. They are not accustomed to being investigated, unlike the regular criminals. They are not regular criminals, they are the elite. Do they actually belong to M.O.R.E.?
Previously on MoreLiver’s:
Roundups & Commentary
US Opening News And Market Re-Cap –
Ransquawk / ZH
Frontrunning
– ZH
Overnight
Summary – ZH
The Lunch
Wrap – alphaville
/ FT
Emerging
N.Y. headlines – beyondbrics
/ FT
Today’s
front pages – presseurop
Daily press
summary – Open
Europe
EU
banking union proposal to strengthen role of the EBA through panel of ‘independent
experts’
Morning
MarketBeat: Fear Making a Comeback – WSJ
Broker Note
Briefing – WSJ
Morning
Take-Out – NYT
AM Dear
Dairy: Speed Bump – Macro
and Cheese
Dollar
Soft, New Insight into Euro Rise, Japan/China Tensions – Marc
to Market
A Plausible Bear Path – TF Market Advisors
US session ahead
A Plausible Bear Path – TF Market Advisors
US session ahead
Pre-market
Commentary – Marketwatch
Pre-Market
Trading – CNNMoney
Pre-Market
– NASDAQ
US Equity Preview – Bloomberg
Earnings
& Events – The
Street
MarketCurrents
– Seeking
Alpha
Reference
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
EUROPE
The countdown for the ESM: press views on Karlsruhe – bruegel
On Wednesday Germany’s Federal
Constitutional Court (FCC) will announce its decision on the ESM as well as on the Fiscal
Pact. Immediately after the decision Chancellor Angela Merkel will react in the
German Bundestag with a government declaration to the FCC’s decision. The
decision is eagerly anticipated by German and EU politicians as well as of both
German and international press and we review the German press here.
No delay from Karlsruhe – alphaville
/ FT
Eurointelligence have put together a press wrap
ahead of the actual decision, including a consensus that the much favoured
‘Yes-But’ option is a lot trickier than is generally assumed:
Banking Union Part II – now for the safeguards – Open
Europe
Non-euro countries raise concerns on banking
union – euobserver
Top diplomats from non-euro countries have held
a special meeting in Brussels to air concerns about EU bank supervision plans.
The market ♥ peripheral corporate debt – alphaville
/ FT
Research: Finnish economy - falling star
– Danske
Bank (pdf)
We have revised down our outlook for Finland to take into account the worse-than-expected 2012 Q2 figures: GDP is now forecast to remain flat in
2012. According to the preliminary figures GDP contracted by 1.1% q/q in the
second quarter. Given weak leading indicators and statistic flow, Finland has probably fallen into the recession as we expected. For 2013 we
expect sluggish growth of 1.0%, because the year will get a challenging start
and the weak euro area outlook continues to hurt exports.
USA
FOMC preview - QE3 coming up – Danske
Bank (pdf)
ASIA
China's M2 money supply growth came in worse than expected at 13.5%.
OTHER
Weekly Market Comment: Late-Stage, High-Risk – Hussman Funds
9/11 Articles, past and present (2011) – MoreLiver’s
Daily
IN FINNISH
Suomen liittolaiset
eurokriisissä käymässä hyvin vähiin? – Nordea
Hollanti äänestää
huomenna ennenaikaisissa parlamenttivaaleissaan. Vaikka maan eurolinja vaalien
jälkeen on aiheuttanut paljon epävarmuutta, Hollannin kriittisyys euroa kohtaan
tuskin tulee ainakaan lisääntymään.
Ilmarinen / Toffe /
Finnair
Finnairin johto sai eettisen oppitunnin – SSS
Koplausta, mutta lain puitteissa – KS
Hyvä opetus talouselämän eliitille – SM
Keskustelu hyvä veli -verkoista jatkuu – Karjalainen
Opiksi on syytä ottaa, vaikka rikosta ei tapahtunut – SS
Opiksi siitä, että näin ei saa tehdä – Kaleva
Opiksi siitä, että näin ei saa tehdä – Kaleva
Finnair-johdon sähköpostiketju kohubonuksista vuoti
julkisuuteen – IS
Lue Vehviläisen 100 000 euron sähköposti – IS
Vehviläinen arvostelee poliisia kovin sanoin – IS
Kansa kuumeni – näin vastaa Jorma Kalske – IS
Kukaan ei saanut syytettä - lue perustelut – IS
Muut
Sitra-pomo 1,8 miljardin it-kohuhankkeesta: "Oikeastaan
se on edullinen" – TE
Tänä vuonna melkoinen irtisanomisaalto – osaltaan kiitos
Nokian ja rahapolitiikan puuttumisen – tyhmyri
Espanjan Mariano Rajoy on tainnut ymmärtää mitä EKP:n
suunnitelma tarkoittaa… - tyhmyri