Nothing on calendar, focus shifting to Thursday's central bank meetings and Friday's payrolls.
Previously on MoreLiver’s:
Roundups
News – Between The
Hedges
The 6am Cut London – alphaville
/ FT
Emerging Markets
Headlines – beyondbrics / FT
Asia Morning MoneyBeat: A Good Start to the Third
Quarter – WSJ
Europe Morning
MoneyBeat – WSJ
MORNING BRIEFINGS
In today’s updates, UK construction activity is expected to
strengthen via the Markit/CIPS PMI release; analysts think Eurozone producer
prices will stabilise; and the growth rate in US factory orders is expected to
pick up.
Market Preview: EU PPI and US factory orders in
the spotlight – TradingFloor
European markets are
expected to open in the red Tuesday. With a light European economic calendar,
traders will keep an eye on US factory orders data due later today which is
likely to show a monthly improvement in May.
Danske Daily – Danske
Bank (pdf)
In terms of data
releases, the calendar is very thin. In the UK construction PMI data are released
at 10:30 CET, while US factory orders at 16:00 CET is the highlight during the
afternoon. In the morning, EC President Van Rompuy will participate in the EU
parliamentary debate on the latest summit outcome. Tonight Fed’s Dudley will
speak on the economy but we do not expect any major news from the event.
Aamukatsaus – Nordea
Luottamus
palautumassa USA:ssa * Teollisuusluvuista tukea raaka-aineille
EUROPE
Is
Europe Recovering? – naked capitalism
UNITED STATES
New York Fed releases 2012 annual report – N.Y.
FED (pdf)
Analyzes the year's
economic and financial developments, including Fed policies and their impact.
Also provides financial data on the New York Fed's operations.
Market Valuation Overview: Expensive, But Off
the Recent Highs – dshort
Market Valuation, Inflation and Treasury
Yields: Clues from the Past – dshort
ASIA
OTHER
Rates morning comment: See no evil, speak no
evil – Nordea
Yields drop marginally.
Equities higher on better-than-expected ISM figures. Chinese media asked to
stop writing about cash crunch. Italian former PM Monti threathening to
withdraw support for government. Portuguese FinMin Gaspar resigns
The Return on College, Around the World – Economix
/ NYT
FINNISH
Ranskassa sattuu ja tapahtuu – nainen minun
makuuni – tyhmyri