Bad European data: bank lending in eurozone just does not fly. Trilater commission to meet in Helsinki next weekend. Trichet leads, so expect stability, greatness and overall #winning.
Previously on
MoreLiver’s:
Roundups and
Commentary
News – Between The Hedges
Markets – Between
The Hedges
Recap: Apple, Yen, ECB Loan Officer Survey – Global
Macro Trading
The Closer – alphaville / FT
Roundup: Eurozone Unemployment at Record Levels – Kiron
Sarkar / The Big Picture
The T Report: 1,000 Acts of Kindness – TF
Market Advisors
Reference
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
Economic
Calendar – Forexpros
EUROPE
The euro zone isn't
working – Free exchange
/ The Economist
A new European mindset, and a foreign policy equal to
it, is urgently needed if Europe is to meet the
challenges posed by Asia and the wider Middle
East. Unless Europe develops
the capacity to defend its own interests, it will become vulnerable to a
growing range of economic and security threats.
Euro area bank
lending: Halloween edition – alphaville
/ FT
Euro area credit
tightening – Danske
Bank (pdf)
PIIGS
Greek self-harm and
the Lagarde list – The
World / FT
I wonder if the Greek government realises just how
damaging the trial of Costas Vaxevanis is going to be for their country.
FANG
The Swiss National
Bank straddle – alphaville
/ FT
Norges Bank on hold
and first hike postponed – Nordea
UNITED STATES
Election update -
political uncertainty to continue – Danske
Bank (pdf)
How To Eliminate $4.5
Trillion of Debt – Bruce
Krasting
It will not work.
Credit
Suisse economists have updated their “Missing GDP” chart, now showing the average
contribution to real GDP growth of each subcomponent in the first thirteen quarters of the last
six US recoveries, and then comparing them against the corresponding
contributions in this one.
A Grim Preview Of This Friday's Jobs Number – ZH
PMI
Press
release – ISM
Chicago (pdf)
Misses
After Early Leak, Contracts; Employment At 33 Month Low – ZH
‘Sandy’
ain’t found
a way to kill me yet… - The
Reformed Broker
The Hidden
Economic Victims of Superstorm Sandy – The
Curious Capitalist
Costs to
come – Free
exchange / The Economist
America's Most Expensive Storms – NPR
Sandy
round-up – alphaville
/ FT
7 Things I
Learned from Hurricane Sandy – Altucher
Confidential
ASIA
China's people are increasingly defiant
and disdainful of their leaders. One explanation is a perception that the
authorities have grown afraid of the people and have shown a tendency to yield
to their demands when confronted with angry protesters.
IN FINNISH
Osuuspankin pelko:
Vero vie asiakkaat Nordealle – YLE
Rahoitusmarkkinaveron käyttöä selvittelee nyt 11 EU-maata.
Suomi ei ole joukossa mukana.
Kunnallisvaalikommentti – Hannu
Visti
Huippujohtajat saapuvat Helsinkiin miettimään
Euroopan tulevaisuutta – YLE
Helsingissä
pohditaan ensi viikonloppuna suuria asioita. Euroopan päättäjien
keskustelufoorumi, Trilateraalinen komissio, kokoontuu kaupungissa
Euroopan-puheenjohtajansa Jean-Claude Trichet'n johdolla.
Lainatiskeillä hiljaista syyskuussa – euroetana
Asuntojen hinnat
nousivat syyskuussa, mutta volyymin puolesta kuukausi näyttää olleen hiljainen.
Suomen Pankin tänään julkaiseman tilaston mukaan kotitaloudet ottivat uusia
asuntolainoja vajaan 1.6 miljardin euron arvosta, mikä on 15% vähemmän kuin
viime vuonna samaan aikaan.