Previously on MoreLiver’s:
Roundups &
Commentary
Frontrunning – ZH
Overnight – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics / FT
Daily press summary – Open Europe
Morning MarketBeat: Yields Analyzed – WSJ
Broker Note Briefing – WSJ
Apocalyptic Week Winds Down – Marc
to Market
Morning
Briefing (EU/US): I’ll take the low road – BNY
Mellon
Observing yesterday’s awful Euro-area GDP data, proponents of Japan’s ‘wild abandon’ may have concluded that it is
indeed on the right track
ASIA
Muto ado about something – alphaville
/ FT
It’s the
latest in Japanese swings and roundabouts, pushing the yen higher and JGB
yields and stocks lower… What to blame?
G20
The Group
of 20 major economies struggled to find common ground on currencies and
borrowing, exposing rifts between advocates of a dash for growth and supp
Draghi: currency talk fruitless, self-defeating – Reuters
Criticized
"chatter" on currencies that has roiled foreign exchange markets in
recent weeks.
War Not Worth Winning as G-20 Debates Yen
Intentions – BB
Someone needs to plug the G20 leak - for
everyone's sake – TradingFloor
Ken Veksler:
Yet more “draft” communiqué leaks from the freshly started G20 summit in Moscow did little to the market other than
to simply repeat what we heard earlier. They promise not to intervene in
markets, blah blah blah, bottom line, who cares really.
Melt-up or melt-down on this G20 - or both? – TradingFloor
John J
Hardy: This G20 meeting is a real test of where global markets stand as the
currency war theme links directly to the developments in risk appetite as well.
Action is likely to stay heated in coming trading days.
OTHER
Commodities Update – Danske
Bank (pdf)
Oil:
geopolitics support but risk of correction growing
Yield Forecast Update – Danske
Bank (pdf)
Global
recovery to push long-end rates higher
Weekly Credit Update – Danske
Bank (pdf)
Emerging Markets Briefer - Feb 2013 – Danske
Bank (pdf)
Perspectives Feb: Reductions in key interest
rates – Pictet
(pdf)
Central
banks of several medium-sized economies lowered their key interest rates in the
first weeks of the New Year. In most cases, this was triggered by an economic
slowdown.