Previously on MoreLiver’s
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
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
MORNING BRIEFINGS
HSBC's China PMI stayed in contraction territory for
the eleventh month in a row. The official PMI reading also failed to break back
into positive territory, registering 49.8 in Sep, the first time since 2009 it
has posted two months of contraction
Market Preview: EU manufacturing PMIs on tap – Saxo
Bank
European markets are expected to open lower
Monday amid rising concerns over Spain's economic crisis and on dismal economic
data from China, Australia and Japan. Markets await manufacturing data across the Eurozone and the US due later today.
As there were no big surprises in the estimate
for the recapitalisation need of Spanish banks in the Wyman report released
late Friday, focus today is expected to be back on macroeconomic data.
Manufacturing PMIs will be released across the world...Bernanke is scheduled to
speak about monetary policy in Indianapolis at 18:30. German ECB board member, Jürg
Asmussen, and Austrian board member, Ewald Nowotny, are both scheduled to speak
at a conference in Vienna starting at 18:30. Finally, we are still waiting for
Moody’s verdict on Spain’s sovereign debt
rating.
Aamukatsaus – Nordea
(pdf)
Espanjan pankkien
pääomatarve ei yllättänyt * Kiinan teollisuuden luottamus vahvistui hieman * Brent-öljyn
hinta nousi 15 prosentilla kolmannella vuosineljänneksellä
Aamukatsaus – Tapiola
(pdf)
Kiinan teollisuuden
luottamusluvut olivat edelleen vaisuja. Maan virallinen indeksi osoitti
teollisuustuotannon jatkaneen yllättäen hidastumistaan syyskuussa, joskin
aiempaa hitaammin. Edellisviikko päättyi markkinoiden laskuun heikon datan
painamana, kokonaisuudessa viikko oli heikoin osakkeille sitten kesäkuun. Viikonloppuna
julkaistut ostopäällikköindeksit osoittavat Kiinan talouden hidastumisen
jatkuvan, joskin aiempaa hitaammin. Viikon tärkeimmät tapahtumat tänään
julkaistava USA:n ostopäällikköindeksi, EKP:n torstainen korkokokous ja
perjantain USA:n työmarkkinaraportti. Osakefutuurit ovat miinuksella,
indikoiden laskuavausta.
The UK’s growth is key to deficit
reduction which underpins the country’s prized AAA rating
Markkinakalenteri – Nordnet
Markkinakalenteri – Taloussanomat
Reference
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
EUROPE
Spanish Bank Stress Tests – TF
Market Advisors
Great Graphic: European Taxes and the Division
of the Social Pie –
Marc
to Market
USA
If QE Causes Commodity Price Inflation... – Tim Duy’s Fed Watch
If QE Causes Commodity Price Inflation... – Tim Duy’s Fed Watch
If anything, inflation is lower, both for
commodity prices and headline PCE, after quantitative easing. So isn't it finally time to put to rest the
myth that quantitative easing is causing runaway inflation? Nothing to see here folks, move along.
ASIA
OTHER
FX Comment: action time? – Nordea
Deflating the emerging markets bubble – Sober
Look