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Saturday, March 2

2nd Mar - Weekender: Weekly Support



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


Previously on MoreLiver’s:


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FRIDAY’S CLOSE
Markets – Between The Hedges
Europe: EURUSD Cracks To 3-Month Lows Under 1.30 – ZH
US: Stocks Up, Bonds Up, Dollar Up, VIX Up – 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

Summary for Week Calculated Risk
It was interesting week. In testimony to Congress, Fed Chairman Ben Bernanke made it clear he will keep the "pedal to the metal" with monetary policy. Meanwhile, Congress keeps tapping on the fiscal policy brakes, this time with "sequestration" budget cuts. However, even with conflicting policy, the economy is doing OK - at least so far in 2013.

The Weekenderbeyondbrics / FT

Succinct summation of week’s eventsThe Big Picture

(podcast) MarketBeat Week MarketBeat / WSJ
Sequester can’t prevent record highs, or can it?: Why the markets have largely been ignoring the latest budget impasse in Washington.

Week in Review: Sizable Pay for the Wall St. SurvivorsDealBook / NYT
The Heinz case may have involved a side bet in London * Mary Jo White is trying to allay skepticism ahead of her Senate confirmation hearing * Bonus pay on Wall St. rose 9% last year * Andrew Ross Sorkin warns that "shareholder democracy" can mask abuses * Banks fear a court ruling in Argentina's bond debt.

Politics this weekThe Economist

Business this weekThe Economist


NEXT WEEK
Schedule for Week Calculated Risk
The key report this week is the February employment report on Friday. Other key reports include the ISM service index on Tuesday, and the Trade Balance report on Thursday. Also, the Federal Reserve will release the Q4 Flow of Funds report on Thursday.

Economic CalendarHandelsbanken (pdf)

Next Week’s Tape: Nonfarm Payrolls, and the Dow’s Record RaceMarketBeat / WSJ
The market will be focused on the Dow's race for its record, it ended the week 75 points away, while keeping an eye on the budget fight in DC. Friday's brings the monthly jobs report.

S&P 500 Earnings Week AheadReuters

Wall Street Week AheadReuters
If Wall Street needs to climb a wall of worry, it will have plenty of opportunity next week.

Video: Europe Week Ahead: Squabbling Italians, enigmatic bankersReuters

Video: Asia Week Ahead: Xi takes the helm Reuters

Video: US Week Ahead: Despite market highs, don't dive in yet!Reuters

Weekly PreviewBNY Mellon

Weekly Focus: Can the ECB save Europe from Italy?Danske Bank (pdf)

Weighing the Week AheadA Dash of Insight

Is there a stop sign at the old market top?

FX Positioning and Technical Outlook: King Dollar Returns?Marc to Market
The US dollar rose against all the major currencies in the past week.  It seems clear that the greenback's gains were not a reflection of domestic developments, though it is true that US data stands in stark contrast with nearly ever other major country.

Weekly Credit UpdateDanske Bank (pdf)

EMEA WeeklyDanske Bank (pdf)

Emerging: Week Aheadbeyondbrics / FT

Agenda: Italian political mess dominateseuobserver

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

MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat

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