The ending week in review – and next one previewed. The missing links will be updated as soon they are published.
Previously
on MoreLiver’s:
31.8. US Close: Bernanke's Apology (comments on Fed)
31.8. Best of August most read pieces + all my ’views’
LAST WEEK
Prices
Weekly
Scoreboard – Between The Hedges
Weekly
Eurozone Watch – Global
Macro Monitor
Week in
Review – Global Macro Monitor
US market
portrait 2012 week 36 – Portfolio
Probe
Summary for Week ending Aug 31 – Calculated
Risk
The key event of the week was Fed Chairman Ben
Bernanke’s speech on Friday at the Jackson Hole Economic Symposium…The economic
data was still weak, but a little better than expected - since expectations are
so low…Even the “better” news was pretty weak – definitely not “substantial and
sustainable strengthening in the pace of the economic recovery”. Next week the
focus will be on the August employment report and the European ECB meeting.
The Weekender – beyondbrics
/ FT
Succinct
summation of week’s events – The Big Picture
Podcast: In
the Balance – BBC (mp3)
Podcast: MarketBeat Week (25 min) – MarketBeat
/ WSJ
The pros, cons, and unintended consequences of
Federal Reserve Chairman Ben Bernanke‘s Jackson Hole speech, and the strong
indication that another easing program, the much anticipated QE3, is coming
soon. The crew debated whether QE3 would be good for the economy (probably
not), the markets (um, probably not), or have an effect on the Presidential
election (maybe, but, um, probably not).
Politics this week – The Economist
Business this week – The Economist
NEXT WEEK
Schedule for Week of Sep 2 – Calculated
Risk
The key report for this week will be the August
employment report to be released on Friday, Sept 7th. Other key reports include
the ISM manufacturing index on Tuesday, vehicle sales also on Tuesday, and the
ISM non-manufacturing (service) index on Thursday…On Thursday the ECB meeting
Next Week’s Tape: A Big Jobs Report, and ECB
Meeting – MarketBeat
/ WSJ
There are two big headline events next week:
Friday's monthly payroll report, and the ECB's governing council meeting on
Thursday.
S&P 500 Earnings Week Ahead – Reuters
Wall Street Week Ahead – Reuters
Marking the end of the summer doldrums, Wall
Street is likely to kick off September with heavy trading volume while it hopes
that the European Central Bank will hint at further stimulus measures to boost the
global economy.
Global Week Ahead – Nordea
(pdf)
Weighing
the Week Ahead – A Dash of Insight
Starting
the Week – RCS
Key Events
In The Coming Week – Goldman Sachs / ZH
Weekly
Preview – BNY Mellon
Weekly Focus: Waiting for Draghi's big plan – Danske
Bank (pdf)
Market
Analysis: – The Short Side of the Long
FX Positioning and Technical Outlook – Marc
to Market
The week ahead kicks off what we expect to be a
period of intense event risk. The combination of positioning, judging from the
futures market and anecdotal reports, and the low implied volatility in
currencies and equity markets warn of heightened risk in the period ahead.
The Weekly T Report – TF
Market Advisors
PIIGS Bonds, HY Bonds, Bank Bonds, and
Recoupling
Weekly Credit Update – Danske
Bank (pdf)
Secondary markets in wait-and-see mode while we
wait for the ECB, Increasing primary market activity
EMEA Weekly: Week 36 – Danske
Bank (pdf)
Commodities Forecast Update – Danske
Bank (pdf)
On track for a decent H2 - but still waiting
for China
Highlights
from Monday’s FTfm – alphaville / FT
Emerging:
Week Ahead – beyondbrics / FT
European Agenda: ECB showdown on bond-buying
plan – euobserver
A keenly-awaited meeting of the European
Central Bank board on Thursday will have to reconcile the details of a
bond-buying plan aimed at helping Spain and Italy with the fundamental
opposition to the scheme within Germany's Bundesbank.
SELL-SIDE RESEARCH (registration required)
Richard Koo's latest – Long
Room / FT
Is Greek exit from eurozone really necessary?
HSBC Currency weekly – LongRoom
/ FT
RORO – back
with a vengeance
CALENDARS
Economic
Calendar – fxstreet.com
Monthly
Economic Calendar – fxstreet.com
REFERENCE
Debt
crisis: live – The
Telegraph
Europe Crisis Tracker – WSJ
FX Options
Analytics – Saxo
Bank