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Friday, January 4

4th Jan - US Open: Payroll style!



Previously on MoreLiver’s:                  

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Roundups & Commentary
Frontrunning – ZH
The Lunch Wrap – alphaville / FT
Emerging N.Y. headlines – beyondbrics / FT
Today’s front pages – presseurop
Daily press summary – Open Europe
Cameron: Voters will be given ‘a real choice’ on Britain’s EU future

Morning MarketBeat: Treasurys’ Rocky Start Faces Jobs Test – WSJ
Broker Note Briefing – WSJ
Dollar Driven Higher – Marc to Market
 
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
Tracking Europe’s Debt Crisis – NYT
FX Options Analytics – Saxo Bank
European 10yr Yields and Spreads – MTS indices
Economic Calendar – Forexpros


EUROPE
Deposits stable in euro zone periphery in November: ECBReuters
Consumers and firms' deposits in banks in troubled euro zone member states remained mainly stable in November, ECB data showed, indicating that worst fears of bank collapses or even a euro zone exit are receding.

U.K. Government Bonds Take Strain; Yields Peep Above France’sThe Euro Crisis / WSJ

Signs of hope for euro zone, but new worry for UKReuters
Tentative signs the euro zone may have passed the worst of its downturn emerged in December but business surveys also suggested Britain's economy tipped back into contraction in the final months of 2012.

Busy January For Europe - Complete Monthly Event CalendarZH

UNITED STATES
Insight: "Fiscal cliff" fracas: From smiles to distrust to rancor Reuters
(Note: includes graphic language)

From anti-inflation to pro-inflationHumble Student

The New Tell-All FedOp-Ed / NYT

OTHER
Morning Briefing (EU/US): A Change Would Do You GoodBNY Mellon
We return (unashamedly) to the subject of inflation targeting

2013 starts with a bang. NFP not likely to calm things downtradingfloor

Another year of ineffectual policiesThe A-list / FT
Mohamed El-Erian: Governments' policies will lag economic reality – this is the easy part of the prediction for the coming year. The more difficult is whether policymakers will be forced to deliver better outcomes for citizens, or be able to delay big decisions as was the case in 2012.

Weekly Credit UpdateDanske Bank (pdf)

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