Roundups &
Commentary
Frontrunning – ZH
Overnight: On The First Day Of Shutdown, The Futures
Were... Giddy – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
EU daily news – Europa
Daily press summary – Open Europe
Berlusconi risks party rebellion ahead of
confidence vote; Scarpetta: PM Letta may survive vote, but political stability
in Italy will remain elusive
Morning MoneyBeat: Government Shutdown Rattles Wall
Street – WSJ
Shutdown Weighs on Dollar, but Equities Recover and
Bonds Ignore – Marc
to Market
EUROPE
Nordic Outlook - October 2013 – Danske
Bank (pdf)
Silvio
Berlusconi has plunged Italy into another political crisis. It's
a wake-up call for Europe and a reminder that, despite what the recent German election campaign
suggested, the euro crisis is by no means over yet.
Bundesbank's Weidmann in new sovereign debt
warning – CNBC
August Euro
area unemployment rate at 12.0% EU28 at 10.9% - Europa
Euro zone
factory growth eases but strong demand enables price hikes – Reuters
UNITED STATES
How big is the Fed’s communications gap? Six
months, give or take
– MacroScope
/ Reuters
SHUTDOWN
Government Shutdown: The Fight Is Win-Win for
GOP – Reason
What Will the Government Shutdown Cost? – EconoMonitor
Shut Happens – ZH
Government Has Shut Down 18 Times Since 1976 – ZH
Shutdown starts, 1 million workers on unpaid
leave – Reuters
Government Shutdown Begins as Deadlocked
Congress Flails – BB
The U.S. government began its first partial
shutdown in 17 years, idling as many as 800,000 federal employees, closing
national parks and halting some services after Congress failed to break a
partisan deadlock by a midnight deadline.
The U.S. congressional standoff that shut
down the government for the first time in 17 years is a buying opportunity for
stock investors, if history is any guide.
SHUTDOWN:
MARKET REACTION
Futures Ramp On Speculation House Republicans
May Fold; Fall On Report No More Votes Tonight – ZH
For Markets, a Shutdown Is Usually a Ripple – NYT
Markets Assess the Impact of a Federal Shutdown – NYT
BOJ Beat: Five Takeaways From Tankan Survey – WSJ
Abe
proceeded with an April sales-tax increase and a 5 trillion yen ($51 billion)
stimulus plan as he tries to rein in the world’s biggest debt burden without
negating efforts to end deflation.
FINNISH
Euro supporter’s slogan: Justice, stability,
no elections – euron kannattajien iskulause: laki, vakaus, ei vaaleja – Tyhmyri
Ja miten sitten kävikään? Osa 2 – Henri
Myllyniemi / US Puheenvuoro
Suomen teollisuus romahtaa - "yksi
suurimmista pudotuksista"
– TE