Current Specials
Roundups
News roundup – Between The
Hedges
The 6am Cut London – alphaville
/ FT
Emerging Markets
Headlines – beyondbrics
/ FT
MORNING BRIEFINGS
3 Numbers to Watch: EZ Ind. Prod, US Retail
Sales & Cons. Sent. – TradingFloor
US retail sales are expected to be flat in March,
but will consumer sentiment for April promise better times ahead?
European markets are
expected to open lower Friday. Traders are keeping an eye on the two-day Euro
zone finance ministers meeting starting today. Additionally, Euro zone
industrial production and US retail sales data will garner market attention.
Danske Daily – Danske
Bank (pdf)
Stakes are rising
in Korea conflict as Pentagon warns on nuclear missile capabilities. Bank of Japan’s
Kuroda stresses inflation target to be handled flexibly. International Energy
Agency revises down oil demand projections. Market movers today: EUR:
industrial prod (11:00 CET) USD:retail sales (14:30 CET) USD: University of
Michigan consumer confidence (15:55 CET) EUR: Eurogroup meeting USD: Fed
speeches (Rosengren, Bernanke), US earnings reports
Aamukatsaus – Nordea (pdf)
Näe ja koe
uudistunut Aamukatsaus maanantaina! * Portugalille ja Irlannille helpotusta
tukilainojen ehtoihin? * EURUSD nousi osakemarkkinoiden vanavedessä
Aamukatsaus
– Tapiola
(pdf)
USA:n viikoittaisten työttömyyshakemusten
kääntyminen jälleen lasku-uralle nosti eilen osakemarkkinoita. Tänään
julkaistaan USA:n maaliskuun vähittäismyynnin ennakko. Osinkoja irti osakkeesta
tänään: Elektrobit EUR 0.01, Nokian Renkaat EUR 1.45. Osakefutuurit
miinuksella, ennakoiden laskuavausta pörssiin. Markkinaindikaattoreita
eurokriisin seurantaan: Euroriskit jatkaneet laskuaan Italian ja Kyproksen
riskien jälkeenkin.
EUROPE
‘Nobody in Europe’ Sees a ‘Contradiction’
Between Austerity and Growth –
New
Economic Perspectives
Economists have known
for at least 75 years that austerity is likely to make economic contractions
more severe. The eurozone’s infliction
of austerity has produced precisely the self-inflicted damage that economists
predicted. The European leaders who
caused this wholly gratuitous economic disaster, unsurprisingly, will not admit
or remedy their errors.
New Drive for Tougher Testing of European Banks – WSJ
“We’ve been stuck in this rubbish for five
years, because we’ve been doing everything to prevent the banks from being
recapitalized properly and the stress tests from being stringent enough,” one
official said. “If we don’t do this, we will stay in this trap until 2020.”
Buiter’s manifesto on a new eurozone world
order, post-Cyprus – Euromoney
Citi chief economist
Willem Buiter sketches the new face of creditor rights in the eurozone, reveals
the hole in the heart of the EU's crisis resolution plans, and forecasts more
debt restructuring in Cyprus.
Cameron meets Merkel to discuss EU powers – euobserver
British Prime Minister
David Cameron is travelling to Germany for a family weekend at Angela Merkel's
holiday retreat, where he will try to convince the Chancellor to back him on
re-evaluating EU's powers.
Germany must
share some of the blame for the persistence of the economic crisis in Spain – Europp
/ LSE
FT podcast: World Weekly with Gideon Rachman – The
World / FT
Pedro Passos Coelho, Portugal’s prime minister, is one of Europe’s staunchest backers of austerity. But his
government’s painful two-year programme of structural adjustment has yet to
deliver the results promised. And late last week, the country’s constitutional
court issued a ruling that could fatally undermine his efforts to get the
economy back on track.
ASIA
The challenges for China’s new leadership – mpettis
N. Korea Crisis: A View From Tokyo – The
Diplomat
With a host of
domestic challenges like a stagnant economy and its own homegrown nuclear
problems, Japan has taken a cautious yet steady approach when it comes to North
Korea.
Japanese Bond Implied Volatility Spikes To 10Y
High; Stocks Drop First Day In Last 8 – ZH
The question is: if
unemployment and disinflation typically go together, and if central banks
effectively prevented disinflation, then why is there still so much
unemployment?
Weekend Reads for Financial Advisors – CFA
Institute
Brains, Behavioral
Biases, and Bitcoins (and Taxes)
Rakennusyritysten
liikevaihto väheni marras-tammikuussa yli 3 prosenttia YoY – Tilastokeskus