3rd Apr - US Open

I added several charts to the previous Views & Charts-post. Notably the EURUSD chart with ECB meeting days marked is a nice one, plus some sell-side charts on monetary conditions in the euro area.

Previously on MoreLiver’s:

Views & Charts

Wednesday EU Open

Tuesday US Close: Articles of Plenty

Tuesday US Open: Bad Europe, again

Special: Bailout of Cyprus (updated)

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Roundups & Commentary

Frontrunning – ZH

Overnight: Driftless – ZH

The Lunch Wrap – alphaville / FT

Emerging N.Y. headlines – beyondbrics / FT

Daily press summary – Open Europe

Morning MarketBeat: Divergens Develop – WSJ

Morning Bond Update – TradingFloor

Subdued Markets Ahead of Central Banks and US Jobs Data – Marc to Market

Morning Briefing (EU/US): Hidden Treasure – BNY Mellon

  The latest COFER data highlight a telling shift in appetite amongst the reserve management community.

EUROPE

Bank of England preview – Danske Bank (pdf)

New MPC remit will not change policy at this meeting

The Only Way to Save the Euro Is to Weaken It – WSJ

Mario Draghi will probably have to debase the currency soon if he is to save it, writes columnist Nicholas Hastings.

Europe's leaders paralysed as EMU jobless rate hits record high – The Telegraph

Eurozone unemployment reached a record 12pc in February and looks certain to ratchet higher as fiscal cuts deepen and manufacturing continues to struggle, raising the spectre of social explosion across southern Europe.

  GERMANY

Has Germany really gone off the idea of an EU treaty change? – Open Europe

Germans develop a thirst to own their homes – The Telegraph

Low mortgage rates and rising rents have prompted a nation wedded to the rental market to switch strategy.

  PIIGS

The Meaning of Cyprus – Project Syndicate

Daniel Gros: The crisis in Cyprus represents an extreme and special case in many respects. But the way that the problem arose, and the solution that was finally adopted, is likely to have very important consequences for the way that Europe addresses its banking problems.

Why is Italy in a political stalemate? – euobserver

Fundamental differences on how to govern Italy, not on policy, are stopping Italy's top three parties from making a deal.

Sovereign default swap market efficiency and country risk in the eurozone – BuBa (pdf)

Deutsche Bundesbank Discussion Papers by Yalin Gündüz, Orcun Kaya

Spain's credibility suffers another blow: Eurostat spots creative accounting – Open Europe

The Great European Bank Run that never was? – Open Europe

Eurozone data stinks up again – MacroBusiness

The Cypriot drama is beginning to wane, but if you read the MoU you’ll understand that this story is far from over…This week the Spanish government also finally announced its downgrade of its economy, bringing it somewhat in-line with its own central bank, as yet another political scandal rocks the country…Overnight was also another round of  manufacturing PMI data and there wasn’t any good news in it.

ASIA

Bank of Japan Preview: Kuroda expected to leave his mark – Danske Bank (pdf)

Expectations reconsidered at the BoJ – alphaville / FT

OTHER

BoJ on tap tonight – it’s a big one. ECB and BoE up as well. – TradingFloor

John J Hardy: For those living under a rock, we have a trio of important central bank meetings on tap for Thursday, starting with the most anticipated BoJ meeting in modern history and then less pivotal, if still interesting ECB and BoE meetings.

Econometrics free book – Bruce Hansen

This is a draft of a first-year Ph.D. econometrics textbook. This manuscript may be printed and reproduced for individual or instructional use, but may not be printed for commercial purposes.

Probe Causes Discomfort at Barclays – WSJ

‘Uncomfortable’ reading material – alphaville / FT

The Salz Review, looking at business practices at Barclays, is out.

The problem with Bitcoin – alphaville / FT

SocGen comments

IN FINNISH

Suuri verovalhe – Pauli Vahtera / IL