The last week reviewed – and the next previewed!
Previous Weekly Support here.
What a week: Fed minutes reveal end to QE is perhaps closer than we were led to believe. European Commission presented its terrible macroeconomic forecasts. UK gets downgraded and markets seem nervous. Next stop will be the Italian election.
Previously on MoreLiver’s:
FRIDAY’S CLOSE
News – Between
The Hedges
Markets – Between
The Hedges
Recap – Global
Macro Trading
Roundup – Kiron
Sarkar / The Big Picture
Europe: EURUSD Slumps To
Worst 3-Week Run In 7 Months – ZH
US: S&P Has First Weekly Loss Of Year As Dow
Regains 14,000 – ZH
LAST WEEK
Prices
Weekly
Scoreboard – Between
The Hedges
Weekly
Eurozone Watch – Global
Macro Monitor
Week in
Review – Global Macro Monitor
U.S. Equity Sector ETF Weekly
Performance – Global
Macro Monitor
US market
portrait – Portfolio
Probe
Daily Recaps by Global Macro Trading and Kiron Sarkar
Thursday KS
Wednesday GMT
Monday KS
Summary
for Week – Calculated
Risk
Ending week’s
US economic data, with charts.
The
Weekender – beyondbrics
/ FT
Succinct summation of week’s events – The
Big Picture
Weekly Bull/Bear Recap – Rational
Capitalist Speculator
(podcast) MarketBeat Week – MarketBeat
/ WSJ
The Fed
minutes and what they mean for the Dow in its relentless push toward record
highs.
Week in Review: Sweeping Changes or a Symbolic
Reprimand? – DealBook
/ NYT
Prosecutors,
shifting strategy, are building a new model for Wall Street cases * Morgan
Stanley is striving to coordinate two departments often at odds * Andrew Ross
Sorkin says Steven L. Rattner's reputation, once sullied, has acquired a new
shine
Politics this week – The
Economist
Business this week – The
Economist
NEXT WEEK
This will
be a very busy week for economic data. The key reports are the January New Home
sales report on Tuesday, the January Personal Income and Outlays report on
Friday, and the second estimate of Q4 GDP on Thursday… Fed Chairman Ben Bernanke will
deliver the Semiannual Monetary Policy Report to the Senate on Tuesday, and to
the House on Wednesday.
Economic Calendar – Handelsbanken
(pdf)
A revised
fourth-quarter GDP report, as well as retailer earnings, and an Italian election.
S&P 500 Earnings Week Ahead – Reuters
Wall Street Week Ahead – Reuters
U.S. investors face another Washington-imposed
deadline on government spending cuts next week, but it's not generating the
same level of fear as two months ago when the "fiscal cliff" loomed
large.
Weekly Preview: Getting political – BNY
Mellon
The first
exit polls from the Italian general election on Monday afternoon will be
scrutinised to see whether Bersani and Monti are able to form a centre-left
coalition. Ben Bernanke is due to deliver his semi-annual testimony before the
Congress and we hope his speech will spread light on his thinking about asset
purchases. The Japanese government is expected to announce its candidate to
take over the job as governor of the Bank of Japan.
The Week
Ahead – Handelsbanken (pdf)
US: GDP growth in Q4 probably landed in
positive territory in the second estimate. In January, core PCE prices likely
increased more than in recent months. In February, ISM manufacturing possibly
weakened slightly. Sweden: Forecast sales in-crease at the start
of 2013; ex-pecting a slower recovery in February PMI; huge drop in Q4 forecast GDP - a repeat of 2011. Norway: LFS unemployment rate likely fell
in Dec., modest growth in retail sales expected in Jan. EMU: Inflation expected
to re-main at 2.0 percent y-o-y in Feb. China: PMI
Weighing
the Week Ahead – A Dash of Insight
FX
Positioning and Technical Outlook – Marc
to Market
Given the
sizable moves in the foreign exchange market, we thought it might be useful to
look at the long-term technical picture of the major currencies.
Weekly Credit Update – Danske
Bank (pdf)
EMEA Weekly – Danske
Bank (pdf)
Commodities: Perfect storm spurs broad-based
sell-off – Danske
Bank (pdf)
Emerging
Markets Calendar – Handelsbanken
Emerging: Week Ahead – beyondbrics / FT
CALENDARS
Economic
Calendar – Forexpros
Economic
Calendar – fxstreet.com
Monthly
Economic Calendar – fxstreet.com
Economic
Calendar – BB
EU calendar – europa.eu
Markkinakalenteri
– Nordnet
Markkinakalenteri
– Taloussanomat