Google Analytics

Saturday, March 16

16th Mar - Weekender: Weekly Support

The last week reviewed – and the next previewed! Previous Weekly Support here.

Previously on MoreLiver’s:

Follow ‘MoreLiver’ on Twitter or Facebook

FRIDAY’S CLOSE
Markets – Between The Hedges
Recap – Global Macro Trading (on holiday next week)
Europe: European Financials And Spanish Bonds Ignore Equity Exuberance – ZH
US: Market 'Plunges' By 0.17%, Worst Drop In Three Weeks – 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


US Summary for WeekCalculated Risk

This was another week of solid economic data. Retail sales were strong even after removing the impact of higher gasoline prices. Industrial production is at a new post-recession high and nearing the pre-recession peak.  And the four-week average of initial weekly unemployment claims is at the lowest level since March 2008. One negative was a fairly sharp decline in consumer sentiment,

The Weekenderbeyondbrics / FT

Succinct summation of week’s eventsThe Big Picture

(audio) MarketBeat: Streak Over, But Rally IntactWSJ
Ryan Detrick of Schaeffer's Investment Research said he's cautiously optimistic about stocks, even with major U.S. indexes around record levels.

Week in ReviewDealBook / NYT
SAC settles insider trading cases for $614 million * Senate inquiry faults JPMorgan on trading loss * Fed faults two big banks over plans for capital * At hearing, nominee for S.E.C. chief vows to be a tough Wall St. regulator * Andrew Ross Sorkin on the realities behind prosecuting big banks.

Politics this weekThe Economist

Business this weekThe Economist


NEXT WEEK
US Schedule for Week Calculated Risk
There are three key housing reports that will be released this week: February housing starts on Tuesday, February Existing home sales on Thursday, and the March homebuilder confidence survey on Monday. A key event this week is the two day FOMC meeting on Tuesday and Wednesday. Also, for manufacturing, the Philly Fed survey will be released on Thursday.

Economic CalendarHandelsbanken (pdf)

Next Week’s Tape: A Fed Meeting, Slew of Housing DataMarketBeat / WSJ

S&P 500 Earnings Week AheadReuters

Wall Street Week AheadReuters
Big gains, low valuation - why worry? - Major stock indexes have never been higher - and yet that's hardly scaring people.

Week Ahead Videos:
EuropeReuters
Asia: Policies put to the test in Japan, MalaysiaReuters
US: Fed set to keep its foot on the gas – Reuters

Weekly Preview: Europe's hair shirts  BNY Mellon

Weekly Focus: US up, Europe down, China sidewaysDanske Bank (pdf)

The Week Ahead – Handelsbanken

FX Positioning and Technical OutlookMarc to Market
While recognizing that market positioning gives scope for some extension of these corrective moves, we advise taking advantage of the price action as a better opportunity to participate in the underlying trends or, alternatively, adjust hedges accordingly.  

Weekly Credit UpdateDanske Bank (pdf)

Nordea Risk Perception Publication Nordea (pdf)
Complacency ruling – play the ranges (summary).

Commodities UpdateDanske Bank (pdf)
Tug of war: stronger US data, stronger USD

EMEA WeeklyDanske Bank (pdf)

Emerging Markets Calendar Handelsbanken (pdf)

Emerging: Week Aheadbeyondbrics / FT

Agenda: EU looks at arming Syrian rebels and wooing Russiaeuobserver
Foreign ministers will seek a deal on arming the Syrian rebels this week, while the European commission will table new proposals on transferring more economic governance powers to Brussels.

OTHER
Monthly Macro Update Handelsbanken (pdf)
China: Slowdown coming earlier than expected * Eurozone: The German locomotive has decoupled *  US: Optimism is back, despite persistent problems * Sweden: Brighter employment outlook, but sluggish GDP path * Bond markets: Long bond yields to rise at a moderate pace


CALENDARS
Economic Calendar – Forexpros
Economic Calendar – fxstreet.com
Monthly Economic Calendar – fxstreet.com
Economic Calendar – BB
EU calendar – europa.eu

MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat

Follow ‘MoreLiver’ on Twitter or Facebook