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Wednesday, October 17

17th Oct - EU Open




Roundups
News roundup – Between The Hedges
The 6am Cut London – alphaville / FT
Emerging Markets Headlines – beyondbrics / FT

Reference
Debt crisis: live – The Telegraph
The Euro Crisis Blog – WSJ
Tracking Europe’s Debt Crisis – NYT
FX Options Analytics – Saxo Bank
European 10yr Yields and Spreads – MTS indices

MORNING BRIEFINGS
Morning Briefing (Asia): Dow Rallies as US Data Remains UpbeatBNY Mellon
Ireland’s export-led resilience can only absorb so much pressure

3 Numbers to Watch: UK Unemployment,US Housing & EZ ConstructionSaxo Bank
Latest estimates say UK jobless claims are expected to fall for September, while the US housing market looks set to receive a boost after an improvement in the number of housing permits and housing starts. Eurozone construction output is also due.

Asia Today: EURUSD firmer as Moody’s holds Spain rating steadySaxo Bank
EUR was given an additional leg up at the start of Asian trading after Moody’s left Spain’s rating unchanged at Baa3, though with a negative outlook, which ran contrary to rumours circulating yesterday of an imminent downgrade. EURUSD edged higher

Market Preview: Moody's affirms Spain's ratingSaxo Bank
European markets are expected to open marginally higher Wednesday after Moody's affirmed its credit rating on Spain and amid speculation that Spain is inching closer to seek a bailout. Investors await US housing starts data due later today.

Aamukatsaus Nordea (pdf)
Moody’s piti Espanjan luottoluokituksen ennallaan * Luottamus koheni arvioitua enemmän Saksassa * Euro vahvistui selvästi Espanjan tukipyynnöstä arvuuttelun myötä

AamukatsausTapiola (pdf)
Markkinan suunta:  Osakemarkkina nousuun Espanjan pelastushuhujen ja positiivisen tuloskauden alun myötä. USA:n tuloskauden seuranta: Tulokset odotettuja parempia, varovaisuuteen kuitenkin syytä. Tuloskausi ja tulosvaroitukset: Aamulla hyvä tulos Wärtsilältä ja odotetun kaltainen tulos TeliaSoneralta. Eilen ”negarit” Ahlströmiltä ja Nokian Renkailta, tänään aamulla Martelalta.

Morning Briefing (EU/US): Beggars BanquetBNY Mellon
Perhaps Greece will get the money after all.

MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat