Weekender: Weekly Support (updated)
Special: German Elections 2013 (updated)
Roundups
News roundup – Between
The Hedges
The 6am Cut London – alphaville
/ FT
Emerging Markets
Headlines – beyondbrics
/ FT
Asia Morning MoneyBeat: The Bloom Comes Off the
No-Taper Rose – WSJ
Europe Morning MoneyBeat: German Stocks Tipped To
Applaud German Vote – WSJ
MORNING BRIEFINGS
As we continue to
digest the implications of Sunday's German elections, today’s key economic
releases include EU Manufacturing PMI and its bearing on the fragile revival,
the US Chicago Fed National Activity Index, and the US Manufacturing PMI.
Market Preview: Merkel wins elections; PMIs
across EU eyed – TradingFloor
European markets are
likely to open mostly lower Monday. With China’s manufacturing PMI surprising on the upside,
today’s manufacturing data across Europe will be
in focus. Angela Merkel triumphed in the German elections but lacks a majority.
Danske Daily – Danske
Bank (pdf)
After financial
markets have digested the outcome of the general election in Germany, focus will
shift to flash PMIs for the euro area in September...ECB president Mario Draghi
is scheduled to speak before the European Parliament. We will look for signals
suggesting that the ECB could be preparing to offer a new LTRO...After Fed’s
surprise decision last week to delay tapering considerable attention will be paid
today to speeches by several FOMC-members.
Market comment: Four more years with Angela – Nordea
China PMI pushes
Asian equity markets higher * Merkel wins federal election but coalition
structure uncertain * Bullard defends the Fed´s decision * Large LTRO
repayments as quarter-end is approaching * IFO and PMIs the highlights on this
week´s calendar * Plenty of central bank speeches this week * Issuance from
Italy in focus
Aamukatsaus – Nordea
Saksa äänesti
Angien jatkokaudelle * Maanantaina aimo annos ostopäällikköitä * Norjan kruunu
heikkeni selvästi
Aamukatsaus – Tapiola
(pdf)
Markkinan suunta: Makrodatan osalta viikko
alkuun positiivisesti, kun Kiinan teollisuuden ostopäällikköindeksin ennakko
odotuksia vahvempi. Saksan vaalien tulos odotetun kaltainen, ei merkittävää
vaikutusta markkinoihin. Osakefutuurit alas, indikoiden lasku avausta OMX
HEX:iin. Suositusten seuranta: Helsingin pörssi vahvassa nousussa. Suomi-yhtiöiden
liikevaihdon maantieteellinen jakauma: Positiivinen kehitys tukee Euroopassa
toimivia yhtiöitä.