Risk markets selling off slightly. ECB expectations managed by leaked reports that the "believe me"-man will buy the Quantanameras.
Previously
on MoreLiver’s:
Roundups & Commentary
US Opening News And Market Re-Cap –
Ransquawk / ZH
Frontrunning
– ZH
Overnight
Sentiment – ZH
The Lunch
Wrap – alphaville
/ FT
Emerging
N.Y. headlines – beyondbrics
/ FT
Today’s
front pages – presseurop
Daily press
summary – Open
Europe
MEPs
leak reports of ECB bond buying
Morning
MarketBeat: September’s Historically Tough for Stocks – WSJ
Broker Note
Briefing – WSJ
Morning
Take-Out – NYT
AM Dear
Dairy: ECB on Deck – Macro
and Cheese
Nervous
Calm Prevails – Marc to
Market
Re-Coupling
Trades are Working – 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
In short, bad banks are rarely a real solution.
They roll losses out of the public eye and in to the future. The loss is still
as real as ever and it is still the tax payer who will foot the bill.
Euroisation and de-euroisation in one handy
chart – alphaville
/ FT
JP Morgan’s Flows & Liquidity team have compiled a composite Eurozone disintegration measure:
JP Morgan’s Flows & Liquidity team have compiled a composite Eurozone disintegration measure:
Financial fragmentation in many parts – alphaville
/ FT
the above
with country-specific data, again from JPM
Mildly disappointing ECB on Thursday – Nordea
“Disappoint” because details of the new
intervention programme are likely to be scarce, and “mildly” because the
expected disappointment seems to have become the consensus call over the past
weeks.
Economic Outlook – Slow speed ahead – Nordea
The global economy continues to grow, but the
pace is slow. This also applies to the Nordic economies, with the exception of Norway and Sweden (full pdf in several languages
available for download).
USA
140 years of Equity Yield vs US Bond Yield – The
Big Picture
IN FINNISH
Talousnäkymät –
Hitaasti kiiruhtaen – Nordea
(sama katsaus kuin yllä, mutta suomeksi)
Talousennuste
vuosille 2012–2013 – PT (pdf)
Euroopan velkakriisi
hidastaa kasvua (lehdistötiedote pdf kiireisille/laiskoille)
Pääkirjoitus:
Pankkiunioni olisi kriisin täsmähoitoa – HS
Miksi Suomessa ei
kannata pitää teollista toimintaa – koska suomalainen työ on hintaansa nähden
tuottamatonta – tyhmyri
Luuleeko joku
oikeasti että jos Suomi palaisi markkaan, niin markan arvo vahvistuisi eikä
sille mitään voitaisi? – tyhmyri