EUROPE
Eurozone - No history
in the making? – Merkelnomics
Is Merkel gearing up
for a scrap over EU Treaty change? – Open
Europe
Angela Merkel set out her proposals for giving the EU greater powers
over eurozone members’ national budgets to EU Council President Herman Van
Rompuy last week, a move which would require EU Treaty change.
France's Hollande
seen losing 2017 presidential election: poll – Reuters
Eurozone PMIs
disappoint but growth path remains on track – TradingFloor
While the European PMI's were weaker than expected, the growth trend
remains in place and the outlook for the periphery is good. Unfortunately, France's bad performance
could begin to hurt the European political process.
Euro-Area Services,
Manufacturing Unexpectedly Slow – BB
UNITED STATES
How Much Has the Fed
Opened Up? – WSJ
It’s no secret the Federal Reserve has gotten a lot chattier in recent
years.
A Very Expensive Tea
Party
– NYT
Simon Johnson: The only force that can rein in Tea Party extremism – and get the nation off the road to fiscal ruin – is resurgence among Republican moderates. Unfortunately, their recent performance has not been impressive.
Simon Johnson: The only force that can rein in Tea Party extremism – and get the nation off the road to fiscal ruin – is resurgence among Republican moderates. Unfortunately, their recent performance has not been impressive.
ASIA
OTHER
Today's Ifo business climate index should explain why services are
tanking in Europe. The euro area's monetary data will show a continuing
credit crunch, but the ECB is unable to do much about it. UK's 3Q GDP is a
potential game changer.
EMEA Weekly: Week 43 – Danske
Bank
Stress Indicators:
The market is sleeping – TradingFloor
Should Saxo Bank's Stress Indicators be renamed 'Complacency
Indicators'? Well that's what Steen Jakobsen suggests because the market is
quite stupidly ignoring systemic value at risk and valuation conservatism.
FINNISH
Korkman Wahlroosin EKP-analyysistä: Ei osu
asian ytimeen – Verkkouutiset
Urpilainen: “Ministeriö on ottanut
opiksi" – IS
Valtiovarainministeri
Jutta Urpilaisen mukaan oikeuskanslerin moittimat ministeriön ratkaisut
Kreikka-asiakirjojen julkisuudesta ovat “virkamiesten tekemiä ratkaisuja”
Vähittäiskaupan
pikaennakko: myynti laski syyskuussa 1% y-o-y – Tilastokeskus
Uusien
yritysten määrä edelleen laskusuunnassa – Tilastokeskus
Teollisuuden
tuottajahinnat laskivat syyskuussa 1,1% - Tilastokeskus