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Friday, May 10

10th May - EU Open



Previously on MoreLiver’s:

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Roundups
News roundup – Between The Hedges
The 6am Cut London – alphaville / FT
Emerging Markets Headlines – beyondbrics / FT
Asia Morning MoneyBeat – WSJ
Europe Morning MoneyBeat – WSJ

MORNING BRIEFINGS
3 Numbers to Watch: DE trade balance, G7, Fed's BernankeTradingFloor
The German trade balance is today's only notable macro number, but possible headlines from the G7-meeting and especially Ben Bernanke's speech will be closely watched.

Market Preview: German trade data and G7 meeting in spotlightTradingFloor
European markets are expected to open mostly higher Friday. Investors will keep watch on the two-day meeting of G7 finance ministers and central bank governors which starts today. German trade balance data due later today also holds market interest.

Danske Daily – Danske Bank (pdf)

AamukatsausNordea
Jostain tuottoa täytyy etsiä, vaikka sitten Portugalista * Korot laahaavat eurotalouden pyristellessä * USDJPY nousi tason 100 yläpuolelle

AamukatsausTapiola (pdf)
Osakemarkkinoiden nousu putki katkesi eilen USA:n keskuspankkiirin kommentteihin elvytyksen hillitsemiseksi. USA:n uudet työttömyyskorvaushakemukset laskivat  finanssikriisiä edeltäneelle tasolle. Osakefutuurit tasaiset, ennakoiden maltillista avausta OMX HEX:iin. Tuloskauden 1Q13:n ”tilinpäätös”:  96% tuloksista takana – heikkoutta havaittavissa, muttei katastrofia. 1Q13-tuloskommentteja: Honkarakenne ja Elecster.

MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat

EUROPE
European integration constrains party competition in the member statesEuropp / LSE

UNITED STATES
Fed Officials Shrug Off Waning InflationWSJ

Weighing In on the Recent Discrepancy in the Inflation StatisticsAtlanta Fed
The recent disinflation trend exhibited by the PCE price index doesn’t seem to be “woven” into the detailed price data, and it certainly doesn’t look like what we saw in 2010. But to you glass-half-empty types, we’d also point out that getting the inflation trend up to 2 percent is proving to be a curiously difficult task.

ASIA
Short Note on Falling YenMarc to Market
USD/JPY hits 100 - just as Abe orderedSober Look
Ripples of 100 Yen Spread Through AsiaWSJ

Japanese Government Bonds Halted Limit Down; Yields Spike To 10 Week High; Worst Day In 5 YearsZH

FINNISH
Teollisuustuotanto -0,3% maaliskuussa vuoden takaisestaTilastokeskus
Teollisuuden tilaukset -11,3% maaliskuussa vuoden takaisesta - Tilastokeskus