Previously on MoreLiver’s:
Roundups
News
roundup – Between
The Hedges
The 6am Cut
London – alphaville
/ FT
Emerging
Markets Headlines – beyondbrics
/ FT
MORNING BRIEFINGS
3 Numbers to Watch: German IFO, EU econ.
forecast, LTRO2 repay
– TradingFloor
Juhani
Huopainen: Policy-guiding economic forecasts from the European Commission, the
first repayment opportunity of the second LTRO-allotment and Germany's IFO Sentiment guarantee an
interesting end to the week.
European
markets are likely to stage a recovery Friday. Markets are keeping an eye on
German Ifo sentiment indices which are expected to show an improvement for
February. Additionally, the final reading of German fourth quarter GDP will be in focus.
The
negative sentiment has continued on concerns about a weakening growth outlook and
the outcome of the Italian elections. The Spanish bank Bankia will reveal an
annual loss of more than EUR19bn according to the FT. Chinese house prices rose in 60 out of 70
cities from December to January
Market
movers today: Second three-year LTRO repayment, German Ifo expectations, European
Commission winter 2013 Economic Forecast
Aamukatsaus – Nordea (pdf)
Euroalueen elpymiselle takapakkia * USA:n teollisuuden
mieliala haparoi * Teollisuusmetalleilla heikko viikko
Aamukatsaus – Tapiola (pdf)
Markkinakalenteri – Nordnet
Markkinakalenteri – Taloussanomat
EUROPE
Italian Elections – Global Macro
Monitor
UNITED STATES
Don't Dismiss the Communications Value of QE – Tim
Duy’s Fed Watch
Rather than
the current nebulous language surrounding asset purchases, the Fed would be
better served by communicating a version of the Evan's rule to tie changes in
the asset purchase program to specific economic objectives, presumably some
point on the way to the Evan's rule thresholds.