Somewhat better than expected macro from China. Europe starting to get a taste of bad news, but just a feeling. USDJPY rejected the new highs, EURUSD on its way to range's bottom (perhaps to 1.3280)
Previously on MoreLiver’s:
Roundups
News
roundup – Between
The Hedges
The 6am Cut
London – alphaville
/ FT
Emerging
Markets Headlines – beyondbrics
/ FT
MORNING BRIEFINGS
PIMCO's
stress test on Cypriot banks will not only provide a number, but probably data
and tools to estimate the state of play in Europe. Expect the UK's Cameron to try to act like a
statesman, which could lead to a risk-off session.
Market Preview: Robust Chinese data; US
consumer sentiment eyed – TradingFloor
European
markets are expected to open marginally lower on Friday. The UK Prime Minster
has cancelled his speech to outline the nation's future ties with the EU. A
raft of Chinese macro data earlier today has surprised investors on the upside.
Danske Daily – Danske
Bank (pdf)
Chinese GDP growth accelerates for the first
time in two years in Q4 12, boding well for growth in 2013. Strong US housing data support US sentiment. Economic adviser to
Japanese PM says that USD/JPY at parity would be good for Japan.
Aamukatsaus – Nordea (pdf)
Kiina is back! * USA:ssa teollisuuden luottamus haparoi –
rakennussektorilta parempia uutisia * Huhut BoJ:n aggressiivisemmista
elvytystoimista painoivat jeniä
Aamukatsaus – Tapiola
(pdf)
USA:n vahva makrodata käänsi osakemarkkinat eilen nousuun. Kiinasta
aamulla hieman odotuksia paremmat makrotilastot. BKT:n kasvu kiihtyi odotetusti
neljännellä neljänneksellä. Osakefutuurit marginaalisesti plussalla, indikoiden
nousuavausta pörssiin. Suomi yhtiöiden liikevaihto ja tuloksen kasvuodotukset: Arvostukset
houkuttelevia kokonaisuudessaan. Yhtiötasolla erot suuria ja mahdollisuudet
erilaisten sijoitusstrategioiden toteuttamiseen hyvät.
Markkinakalenteri – Nordnet
Markkinakalenteri – Taloussanomat
EUROPE
Greek parliament votes to probe ex-minister – euobserver
Deputies in
the Greek parliament early Friday voted to launch a parliamentary investigation
into Greece’s former minister of finance Giorgos
Papaconstantinou.
Cameron publishes parts of unlucky EU speech – euobserver
Downing
Street has circulated parts of a speech due to warn of a British EU
"exit" after cancelling it because of the Algerian hostage situation.
ASIA
CHINA’S GDP
China Hard Landing Dispelled Again, 4Q
Earnings Up – Forbes
Is Chinese re-balancing bullish? – Humble
Student