Roundups &
Commentary
US Opening
News And Market Re-Cap – Ransquawk / ZH
Frontrunning – ZH
Overnight: Micro In Focus; Macro On Backburner; Debt
Ceiling Showdown Looms – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
Today’s front pages – presseurop
Daily press summary – Open
Europe
German opposition parties come out against
Cypriot bailout
Morning MarketBeat: As Alcoa Goes, So Goes the Market?
– WSJ
Broker Note Briefing – WSJ
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
The Euro’s New Driver? Currency War – WSJ
So, what's
driving the euro as 2013 gets under way, asks David Cottle?
Comrade Barroso, the existential threat to the
euro is mass unemployment – The
Telegraph
Ambrose
Evans-Pritchard: Mr Barroso may be right that the euro will not implode in
2013. But what matters henceforth is whether the victim nations wish to stay in
a project that is causing so much damage, or indeed whether is any moral
purpose in holding the euro together at this stage.
ECB
The banker
now in charge of rescuing the euro wants his top staff to take Sundays off.
Mario Draghi, president of the ECB, eschews long meetings and refrains from
lecturing his colleagues, senior ECB officials say.
ECB preview: Keep an eye on the excess liquidity – Danske
Bank (pdf)
GERMANY
Merkel Economy Shows Neglect as Sick Man
Concern Returns – BB
PIIGS
Spanish Treasury 2013 Issuance Strategy – Tesoro
(pdf)
The year
2013 will also be challenging for the Spanish Treasury’s funding. Its borrowing
requirements will be high. Although total gross funding will be lower than in
2012, the Treasury’s regular issuance programme will be larger. Moreover, all Euro
Zone sovereign issuers have agreed to introduce Collective Action Clauses in new
debt instruments of more than one year to maturity, and this change will affect
their funding strategies.
Italian Workers Cool on Monti While Jobless
Rally Towards Him –
WSJ
German
opposition leader Sigmar Gabriel has said he will oppose the EU-Cyprus bailout
unless Cyprus cleans up its banking sector.
ASIA
A great new
year piece from Standard Chartered’s China economist Stephen Green. The
country’s economy, he writes, is “running along at a reasonable pace” as 2013
begins. But potential growth is already sliding, he says, and clouds are
gathering…
OTHER
French concerns about "an overvalued EUR"
are re-emerging.
IN FINNISH
Valuutat aseina –
Henri
Myllyniemi / US Puheenvuoro