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| From Nordea's weekly. |
Roundups and
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
The Closer – alphaville / FT
Roundup – A
View From My Screens
Roundup – Kiron
Sarkar / The Big Picture
Tomorrow’s Tape – WSJ
US Summary: Equities Jump As Risk-Correlations Slump –
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
In response
to several inquiries1, I offer a few more comments on Europe in 2013, in particular why I do not
view a delay in euro area fiscal integration as a disaster, why the United Kingdom will not leave the European Union
and what I view as the major downside risk in 2013.
European Union:
Financial Sector Assessment, Preliminary Conclusions – IMF
Commission backs latest tranche of €39 billion
Spanish bank rescue
– euobserver
Cyprus Bonds Slump To 3-Month Lows As IMF Demands Haircuts – ZH
ESRB Risk Dashboard – ESRB
(pdf)
The
dashboard is a set of quantitative indicators and not an early-warning system.
Users may not rely on the indicators as a basis for any mechanical form of
inference.
UNITED STATES
FISCAL
CLIFF
The Three "Plan B" FX-Response
Scenarios – ZH
What progressives are pushing for now in a
fiscal cliff deal –
Wonkblog
/ WP
HOUSING
James
Sweeney of Credit Suisse has written one of the more optimistic (and
convincing) notes we’ve come across about the near-term trajectory for US housing.
Existing
Home Sales: Another Solid Report – Calculated
Risk
Existing Home Sales: The Increase in
Conventional Sales – Calculated
Risk
ASIA
OTHER
Chart Of The Day: From Here To QEternity - Here
Come The Central Printers – ZH
Business Insider’s 70 Best Charts of 2012 – PragCap