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Wednesday, November 21

21st Nov - EU Open: No Greek Deal





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

MORNING BRIEFINGS
3 Numbers To Watch: BoE Minutes, US Claims & Consumer SentimentSaxo Bank
Will the Bank of England's minutes release clarify the path ahead for monetary policy amid recent reports of higher inflation and slower growth? In the US, high stakes for jobless claims and a mild retreat for consumer sentiment's November revision.

Asia Today: EUR plays ping-pong on Eurogroup meeting headlinesSaxo Bank
Asian markets were steady with tomorrow’s US Thanksgiving holiday providing players with the excuse to sit back. We did see some volatility midway thought the session on Eurogroup headlines with EURUSD eventually resolving lower.

Market Preview: US jobless claims and BoE minutes on tap Saxo Bank
European markets are expected to open in the red Wednesday as EU finance ministers failed to reach a deal on the next tranche of the Greek bailout package. Meanwhile, markets will track the BoE minutes and the US jobless claims data due later today.

Danske DailyDanske Bank (pdf)
Key news: European finance ministers fail to agree on a debt-reduction plan for Greece. Very weak Japanese export orders for October. Strong housing starts data from the US. Market movers today: Today’s BoE minutes University of Michigan consumer confidence Markit PMI (US)

AamukatsausNordea (pdf)
Neuvottelut Kreikan tukipaketista venyvät edelleen * Suomen työttömyyden lasku tilastoharhaa * EURUSD selvään laskuun Kreikka-päätöksen viivästymisen myötä 

AamukatsausTapiola (pdf)
Markkinan suunta: Osakemarkkinalla haettiin eilen suuntaa. USA:n asuntomarkkinadata jatkui vahvana, mutta Bernanken varoitukset budjettikiistasta painoivat tunnelmia. Kreikan tilanteeseen ei vielä eilen ratkaisua, päätös siirrettiin ensi maanantaille. Osakefutuurit miinuksella, indikoiden laskuavausta. Shortatut OMX HEX osakkeet – shortti-intressien ilmoitukset lisääntyneet: Shortteja on muistettu alkaa ilmoittelemaan Fiva:lle ja siten lista on pidentynyt ja syventynyt. Eniten shortatut osakkeet ovat: Nokia, Outotec, StoraEnso, Outokumpu, UPM-Kymmene.


MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat


EUROPE
  EUROGROUP MEETING
EU Stumbles on Greek Debt Reduction After Clash With IMFBB
Euro zone, IMF fail to strike Greek debt dealReuters
No Greek Deal; Talks Postponed Till Monday; Who Blinks First? – Mish’s
Eurogroup meeting, interrupted – alphaville / FT
GREuphoria, Interrupted... Or Not – ZH
The Myth Is Over: Europe Fails To Agree On GreeceZH