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Wednesday, February 6

6th Feb - US Open



Previously on MoreLiver’s:

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US OPEN
Roundups & Commentary
Frontrunning – ZH
Overnight: Sentiment Dampened On Resurgent Berlusconi – ZH
The Lunch Wrap – alphaville / FT
Emerging N.Y. headlines – beyondbrics / FT
Daily press summary – Open Europe

Morning MarketBeat: Earnings Nothing to Celebrate – WSJ
Broker Note Briefing – WSJ
Nervous Market: Key Developments – Marc to Market
Morning Briefing (EU/US) – BNY Mellon
  Putting the Italian general election in context


EUROPE
Analysis: Euro overshoot will rekindle bloc-wide tensionsReuters
If the euro zone loses the global 'currency war', the price will be paid in growth and jobs and fresh tensions about the future of the bloc.

Where's your positive contagion now, Mr Draghi?The Telegraph

The Bárcenas scandal: “untrue — except for some things”alphaville / FT
El Pais, which has been reporting on the allegations for several days, has handed over the “secret papers” on which the claims centre to prosecutors, and Luis Bárcenas, the PP’s former treasurer at the heart of the claims, is today talking with prosecutors. JP Morgan’s Alex White has weighed in on the possible outcomes, based on the accusations made so far.

Briefing: Agreement to cut the EU budget faces significant obstacles this weekOpen Europe
“We see a 35% probability of a deal this week. If Italy and France keep on insisting on more cash to achieve short-term political gains, the talks will fall.”

ASIA
A gesture, at least, towards Chinese redistribution and rebalancingalphaville / FT
After eight years and much delay, China’s State Council has released its plan for addressing income inequality.

China’s challenges, explained in three easy chartsalphaville / FT

Will China’s demographic shift force a fall in investment share?alphaville / FT