Roundups &
Commentary
Frontrunning – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
EU daily news – Europa
Daily press summary – Open Europe
Leading SPD members consider grand coalition
with CDU/CSU; Angela Merkel rules out coalition with anti-euro AfD
Morning MoneyBeat: Final-Hour Selloffs Raise Warning Flag – WSJ
Dollar and Yen Softer to Start the Week – Marc
to Market
EUROPE
Ambrose
Evans-Pritchard: Europe's industry is being ravaged by exorbitant
energy costs and an over-valued euro, blighting efforts to reverse years of
global manufacturing decline.
Credit rating agencies and the Eurozone Crisis:
What is the value of sovereign ratings? – voxeu.org
Credit rating agencies
didn’t anticipate the Eurozone Crisis and their ratings have been procyclical
ever since. This column discusses research on the agencies' recent performance.
Since 2009, credit ratings have persistently lagged behind market spreads, suggesting
that ratings have been more lenient with respect to Eurozone countries than
generally believed. The author suggests that bond spreads may be too volatile
for regulatory purposes.
Silvio Berlusconi’s
political future – upon which both Italian and euro zone stability rest to
varying degrees – is up for debate when a Senate committee meets on Monday to
begin discussions that could end with formal procedures to expel him from the
Senate.
ECB modifies loan-level reporting requirements
for some asset-backed securities
– ECB
UNITED STATES
Events disrupt the Fed’s timetable – Gavyn
Davies / FT
A week ago, the
immediate path ahead for the Fed seemed to be well mapped out for the financial
markets…Now this timetable has been thrown into much greater doubt.
White House efforts to
convince the U.S. Congress to back military action against Syria are not only failing, they seem to be
stiffening the opposition.
How Larry Summers could fix his reputation and
help millions of Americans – Reuters
Summers Would Spark Confirmation Fight of the
Century – BB
ASIA
OTHER
Complete Syrian Event Update – ZH
FINNISH
Kokoomusnuorten
talouslääkkeet: euromaiden tuet ja kiintiöpakolaiset pois, Yle yksityiseksi – YLE
Komissaari
katuu: EU:n ilmastopolitiikka johtaa teollisuuden "verilöylyyn" – Verkkouutiset