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Tuesday, October 9

9th Oct - US Open





Previously on MoreLiver’s

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Roundups & Commentary
US Opening News And Market Re-Cap – Ransquawk / ZH
Frontrunning – ZH
Overnight Sentiment Liquid: IMF Cold Water And PBOC Reverse Repo Gusher – ZH
The Lunch Wrap – alphaville / FT
Emerging N.Y. headlines – beyondbrics / FT
Today’s front pages – presseurop
Daily press summary – Open Europe

Morning MarketBeat: Record Highs, Five Years Later – WSJ
Broker Note Briefing – WSJ
Two For Tuesday: Spain and GreeceMarc to Market 

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
Tracking Europe’s Debt Crisis – NYT
FX Options Analytics – Saxo Bank
European 10yr Yields and Spreads – MTS indices


EUROPE
What might debunk OMT euphoria?Economistmeg
Excellent list and discussion of possible future bad news.

Now that we're all in the same boat, can we please move forward?Saxo Bank
Steen Jakobsen: The “beauty” of a real crisis is that it creates the necessary resolve to finally do something at least at the micro level. And I am convinced that action at the micro level will pay for the compounding of errors by the central planners on the macro level. The positive turn will be change-ready companies and countries. The fact that the crisis has finally reached the core northern EU countries could be the best news for a better outcome for Europe as it brings us closer to an eventual solution.

Europe’s growth modelvoxeu.org
It is common these days to read and hear Europeans calling for a ‘new growth model.' This column argues that the end of complacency in Europe is a good thing, but this loss of confidence could be dangerous. It also discusses what needs to be done to make the European economic model different.

Eurobarometer feverDe Volkskrant / presseurop
Opinion polls conducted by the European Commission continue to show that Europeans remains committed to the union — statistics then used to justify ongoing integration projects. Such an approach could be considered trivial if it didn't widen the gulf between citizens and the EU leaderships, warns a Dutch columnist.

Eurozone gives Greece 10-day ultimatumeuobserver
"We stressed that before the next disbursement Greece clearly and credibly should demonstrate its commitment to fully implement the programme ... by the 18 October at the latest," said Jean-Claude Juncker, chair of the eurozone finance ministers, on Monday (8 October).

The Greek conundrumMacroScope / Reuters
There are signs of divisions between the euro zone and IMF, with the latter convinced only dramatic measures such as a big writedown on the Greek bonds held by European governments will make the numbers add up.

Speech Mario DraghiECB
Hearing at the Committee on Economic and Monetary Affairs of the European Parliament

OTHER
Why The Big Overnight Move In EURUSD? Citigroup ExplainsZH
Bloomberg’s changes to Spanish benchmark bonds


IN FINNISH
Onnenpotku – ainut keino päästä talousahdingosta?TalSa
Viime viikkoina on taloudesta saatu vain synkkiä katsauksia. Mikä voisi auttaa? Eurokriisin hellittäminen, sanoo yksi. Euron heikkeneminen, Venäjän-kaupan kasvu tai laivatilaus, sanovat toiset. Jos Euroopan talous on vuosia matalalennossa, pitääkö vain odottaa onnenkantamoista?


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