Oh, almost forgot - ECB left the rates unchanged. Enjoy these two different versions of the classic story.
Previously on MoreLiver’s:
Roundups &
Commentary
Frontrunning – ZH
Overnight: Concerns Of Political Circus Returning To
Italy– ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
Today’s front pages – presseurop
Daily press summary – Open Europe
Morning MarketBeat: Bonds, Stocks Singing Different
Tunes – WSJ
Broker Note Briefing – WSJ
Currencies Churn, Awaiting New Incentives – Marc
to Market
The T Report: Bulls are from Mars, Bears are from
Venus – TF
Market Advisors
US session ahead
Pre-market
Commentary – Marketwatch
Pre-Market
Trading – CNNMoney
Pre-Market
– NASDAQ
Earnings
& Events – The
Street
MarketCurrents
– Seeking
Alpha
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
(more on
ECB in my morning
post)
Analysis: For the EU, way ahead may be a
three-lane highway
– Reuters
Much has
been written over the past year about the risks of a two-speed Europe in which the 17 euro zone countries
move ahead more rapidly than the rest of the European Union.
Banking union and the EBA: where do we stand? – Open
Europe
Papering over the cracks at Deutsche
(allegedly) – alphaville
/ FT
European data still poor – MacroBusiness
The
Eurozone services and composite PMI data was released overnight and like the
manufacturing indexes earlier in the week, the data points to a continuing
slowdown across the region
SPAIN
Spain raises 4.3 billion euros, short of
top-end target
Spanish
gross issuance to rise, seen topping 100 bln euros
Euro zone sovereign debt supply outlook 2013 – Thomson
Reuters
Interactive
graphics, quite nice
UNITED STATES
ASIA
Performance
of the Asian currencies vs. the USD has been mixed over the past month. As the
global risk sentiment worsens, the EM Asian currencies could take a hit and
weaken in near term. (or read the summary)
http://blogs.ft.com/beyond-brics/2012/12/06/china-gdp-if-not-10-then-what/
OTHER
Morning Briefing (EU/US): Echoes – BNY
Mellon
A reminder
of the conundrum facing EU policy makers
EMEA Weekly, Week 50 – Danske
Bank (pdf)