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Thursday, July 25

25th Jul - 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: Bond Yields Spook Stock Bulls – WSJ
Europe Morning MoneyBeat: German Ifo, U.K. GDP Loom Large – WSJ


MORNING BRIEFINGS
3 Numbers to Watch: German Ifo, UK GDP, US jobless claims – TradingFloor
James Picerno: Today's shortlist of numbers to watch: Ifo's estimate of the sentiment in Germany’s business community, the first look at Q2 GDP for the UK and the weekly report on US jobless claims.

Market Preview: German Ifo indices, US durable goods orders eyed TradingFloor
European markets are likely to open mostly flat on Thursday. Investors await German Ifo indices and US durable goods orders data later today. Also, today’s US initial jobless claims—likely to show an increase for the last week—will be eyed.

Danske DailyDanske Bank (pdf)
We expect German IFO expectations to improve, adding to the recent positive sentiment in the euro area... Monetary development in the euro area is also likely to attract attention

Market comment: Recession recedingNordea
Core bonds take a beating on weak data – the pressure set to continue in the near term * Equities under pressure in the US and Asia overnight * Yes, also good news can come from the Euro zone * Ray of light in the ECB’s lending survey * China starts to stimulate again – but in a limited scale * US new home sales and preliminary PMI beat expectations * Euro-zone credit data and German Ifo ahead

AamukatsausNordea
EKP:lle ei tekosyytä löysätä * Saksan ja USA:n 10-v. korot nousussa

AamukatsausTapiola (pdf)
Eilen julkaistut euroalueen alustavat ostopäällikköindeksit yllättivät positiivisesti.Luottamusta kuvaava indeksilukema nousi yli 50 pisteen tason ja korkeimmalle tasolle kahteen vuoteen. Markkinan suunta: Euroalueen teollisuuden ostopäällikköindeksi vahvistui kahden vuoden huippuihin. Tänään klo 11 vuorossa mielenkiintoinen Saksan IFO-indeksi. Osakefutuurit noin nollassa, indikoiden tasaista avausta OMX HEX:iin. 2Q13-tuloskauden kommentit: Vaisala, Atria, Dovre Group, Okmetic, Oriola-KD ja Tikkurila. Myöhemmin tänään klo 10.00 Exel, klo 12.00 Metso ja klo 13.00 Amer Sports.

MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat


EUROPE
Is there a positive case for Lithuania to join the euro?euobserver

Germany stalls Greek bailout moneyeuobserver

Euro area PMIs suggest a return to growthDanske Bank (pdf)

UNITED STATES
Janet Yellen vs. Larry Summers. Who will be the next Fed Chairman?Sober Look

OTHER
Things That Make You Go Hmmm... Like FedspeakGrant Williams / ZH

For SAC, Indictment May Imperil Its SurvivalDealBook / NYT