Previously on MoreLiver’s:
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: FR Ind. Pro., DE Ind.
Orders, US Crude Supply – TradingFloor
March updates on
industrial production for France and new factory orders for Germany will drive the day’s Eurozone economic news
while escalating tensions in the Middle East
will draw attention to today’s crude oil inventory report.
Market Preview: German factory orders data eyed – TradingFloor
European markets are
likely to open mostly lower Tuesday. Investors are keeping a tab on German
factory orders data due later today which is expected to show a decline in
March.
Danske Daily – Danske
Bank (pdf)
S&P500 hit another all-time high. The US
stock market is boosted by growth optimism and easy US monetary policy. ECB
chief Mario Draghi said the ECB could ease monetary policy if incoming data
showed a
softening European economy. Increased tensions between Syria and Israel push up
oil prices.
Aamukatsaus – Nordea
Euroalueen
taantuma hidastumassa * Australian keskuspankilta tukea taloudelle * Draghin
puheet uusista toimista painoivat euroa
Aamukatsaus – Tapiola (pdf)
Osakemarkkinat polkivat eilen paikallaan
perjantain voimakkaan kurssinousun jälkeen. Nikkei meni yli 14.000 pisteen
Japanin keskuspankin rahanpainamisen siivittämänä. EKP:n Draghi kommentoi
keskuspankin olevan valmis uusiin
koronlaskuihin, jos taloudellinen tilanne niin vaatii. Osakefutuurit plussalla, ennakoiden nousuavausta OMX
HEX:iin. 1Q13-tuloksia: Ilkka, Aktia, Finnlines, HKScan, Marimekko, Raisio,
SRV, Yleiselektroniikka. Metsä Board 1Q13 tulos klo 12.00.
EUROPE
I’ll say it again… – MacroScope
/ Reuters
Draghi felt it
necessary yesterday to depart from the script at a ceremony awarding an
honorary degree to reiterate his message from last Thursday – that the ECB
could cut interest rates again and was looking at pushing the deposit rate
which it charges banks for holding their funds overnight into negative
territory in an attempt to get them to lend again.
Crisis and non-reform – Fistful of Euros
It’s useful to look at
three related but distinct perspectives on why peripheral Europe is in economic crisis. The three perspectives
come from the three members of the Troika, so you’d think they’d capture a
consensus about why the Troika has to do what it does. And yet.
Rapid current-account rebalancing in the
southern Eurozone – voxeu.org
Recent data show that
the current-account deficits of Greece, Italy, Spain, and Portugal have improved at a rapid pace and are actually
close to being balanced. This column reviews recent research that shows this
adjustment has been remarkably fast. Compared to mid-2008, these four nations
have switched expenditures at a rate that is much higher than the typical rate
observed during large rebalancing episodes. A key requirement for a return to a
post-crisis Eurozone is thus on its way to being met.
ASIA
Anti-reform hardliners
in China's Communist Party have become seriously
alarmed by the sharp slow-down in economic growth, creating a
"task-force" to crank up production.
OTHER
Current account
imbalances since the crisis – alphaville
/ FT
from a recent Barclays report on global trade.
IN FINNISH
Kansantalouden
tuotanto laski helmikuussa 2013 – Tilastokeskus
Rahoitusmarkkinat
– Tilastokatsaus – Suomen
Pankki
Logiikkaa
aloittelijoille – Henri
Myllyniemi / US Puheenvuoro
Mistä
tunnet sä deflaation? – Henri
Myllyniemi / US Puheenvuoro