Previously on MoreLiver’s:
25-Nov
Weekender: Off-Topic, In Finnish
25-Nov Weekender: World & Markets
24-Nov Weekender: Weekly Support
25-Nov Weekender: World & Markets
24-Nov Weekender: Weekly Support
Roundups and
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
Recap – Global
Macro Trading
The Closer – alphaville / FT
Roundup – A
View From My Screens
Roundup – Kiron
Sarkar / The Big Picture
Europe: Equities Catch Down
To Credit's Deterioration – ZH
US: Light Volume Lifts Equities To Exuberant Unch
Close – ZH
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
Catalonia election, Italy’s spring election, Hollande's
support has slumped, but the center-right UMP can't quite figure out its
strategy.
Spurred by crisis, euro zone is shaping up:
study – Reuters
The euro
zone is turning into a more balanced and potentially more dynamic economy
thanks to market pressure and the constant demand for structural reforms, a
study showed on Monday.
BUDGET
TALKS
Commission redrafts 2013 EU budget, numbers
stay the same – Reuters
The EC submitted
a new proposal on Monday for the EU's 2013 budget, just days after the bloc's
leaders failed to agree a separate long-term spending plan for 2014-2020.
The EU
leaders' failure to find an agreement on the budget is largely symbolic as
negotiations concern only a very small part of the Union’s wealth. More important to the
EU’s future is the efficiency of the single market and relations between the
countries inside and outside the currency bloc.
GREEK
TALKS
Comments from euro zone finance ministers,
officials – Reuters
EZ finance
ministers and the IMF will seek to unfreeze the second bailout package for Greece in talks on Monday, but they must
first agree if some of the official loans to Athens might eventually be forgiven to cut
Greek debt.
Euro zone to seek Greek aid deal without
write-off – Reuters
EZ finance
ministers and the IMF made their third attempt in as many weeks to agree on
releasing emergency aid for Greece on Monday, with policymakers saying
a write-down of Greek debt is off the table for now.
IMF wants 40 billion euro cut in Greek debt,
more later-source –
Reuters
The IMF wants
euro zone finance ministers to agree to cut Greece's debt by 20 percent of GDP now and commit to further debt
reduction in the future to get the country's finances back on a sustainable
path, a source familiar with EU-IMF talks said on Monday.
CARNEY
TO HEAD BOE
Quick
Thoughts on Carney's Move to the BOE – Marc
to Market
A global
market in central bankers – The
World / FT
Bank of
England’s New Leader, a Member of the ‘Government Sachs’ Club – DealBook
/ NYT
Mark Carney
named new Bank of England governor – BBC
Profile:
Mark Carney – BBC
Carney
named Bank of England chief – Reuters
UNITED STATES
Could the private sector stage a stimulus plan? – MacroScope
/ Reuters
There’s No Such Thing as a Painless
Fiscal-Cliff Deal –
MarketBeat
/ WSJ
Morgan Stanley 2013 Market Call, Three Big
Ideas – BI
ASIA
The Australian Dollar: A Global Currency? – The
Diplomat
The East Asian Miracle 2.0 – EconoMonitor
OTHER
Global Central Bank Focus: Déjà Vu All Over
Again – PIMCO
If the
eurozone is to endure, it will require reduced economic differences among
countries and larger common fiscal capacity…While central banks in advanced
economies have not traditionally used explicit policies to target exchange
rates, the European debt crisis may change all that.
Recent
developments only bolster the view that oil price dynamics are in a state of
flux
Score Card for 2012 Trade Ideas – Global
Macro Trading
IN FINNISH
Romahdus ja
Devalvaatio – Jarmo
Korhonen / IL blogit
JP Morgan: Suomi eron
jälkeen – Juhani
Huopainen / US Puheenvuoro
Käsittämätön tilanne
Suomessa: ”Päättäjät valvovat itse itseään ja päättävät, mitä kerrotaan
poliisille” – Uusi
Suomi