8th Nov - Payrolls are a positive surprise

Previously on MoreLiver’s:

Thursday: ECB lowered, but markets recoup

ECB Special

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EUROPE

ECB publishes its opinion on the Single Resolution Mechanism (SRM) – ECB

Troika Statement on the final review mission to Ireland – ECB

Has the Euro Finally Turned? It all Depends on U.S Jobs, Yellen Hearings – WSJ

  FRANCE DOWNGRADED

Is Euro Zone Troubled to the Core? – WSJ

Le Downgrade: Le Shrug – WSJ

France Highlights the ECB’s Tough Job – WSJ

Explaining the Markets Tepid Reaction To France Downgrade – WSJ

Moments difficiles – Reuters

UNITED STATES
  FEDERAL RESERVE

Yellen’s Confirmation Hearing for Fed Set for Nov. 14 – WSJ

Fed Won’t Taper Until Next Year, Most Economists Agree – WSJ

It Ain’t Gonna be Ben’s Fed for Much Longer – Marc to Market

UBS Warns The Fed Is Trapped – ZH

  EMPLOYMENT REPORT

Highlights From the October Jobs Report – WSJ

Five Takeaways from October Jobs Report – WSJ

Fluky Jobs Report Keeps December Fed Action in Play, But Not Settled – WSJ

Economists React: ‘Hiring Didn’t Freeze as Feared’ – WSJ

US jobs data pushes dollar higher – TradingFloor

October’s nonfarm payrolls: 204,000 – FT

Soar By 204,000, Nearly Double Expected; Unemployment Rises To 7.3% - ZH

Markets Tumble On "Good News" Jobs Report – ZH

Retail, Hotel And Temp Workers Account For Half Of All October Job Gains – ZH

623,000 Full Time Jobs Lost Last Month – ZH

932K Americans Drop Out Of Labor Force; Participation Rate To 35y Low – ZH

Highlights From the October Jobs Report – WSJ

Job growth was pretty solid last month, despite the shutdown – WaPo

204,000 Jobs, 7.3% Unemployment Rate – Calculated Risk

US employment exceeds all expectations – TradingFloor

The U.S. labor force is still shrinking. Here’s why. – WaPo

Are New Jobs Good Jobs? – WSJ

204K Tops Forecasts, But Unemployment Rate Rises to 7.3% - dshort

Solid Report ex-Shutdown, Seasonal Retail Hiring highest since 1999 – Calculated Risk

Payrolls Jump 204,000 as U.S. Economy Weathers Shutdown – BB

Jobs numbers blow away expectations – Reuters

  CONSUMER SENTIMENT

Preliminary November Consumer Sentiment declines to 72.0 – Calculated Risk

Consumer Confidence Collapses To Lowest Since Dec 2011 (Biggest Miss Since 2006) – ZH

End of Shutdown Doesn’t Boost Consumers’ Moods – WSJ

U.S. consumer sentiment unexpectedly falls in November – Reuter

Michigan Consumer Sentiment: Deeper in the Dumps – dshort

 
ASIA

China’s Third Plenum: A Scorecard – WSJ

China Real Time has put together a guide to the issues China’s leaders could address in the Third Plenum, a once-in-a-decade meeting of top party leaders that kicks off Saturday.

China’s Plenum Test – Project Syndicate

Outside China, the prevalent view among business leaders is that President Xi Jinping’s new administration has consolidated its power and acquired enough authority to push through far-reaching economic reforms. Unfortunately, this view is both too sanguine and naïve.

Chinese Industrialization and its Discontent – Project Syndicate

Just as Chinese industrialization is unprecedented – no developing country has grown by more than 10% per year without interruption for two full decades – Britain’s industrialization 200 years ago was similarly unparalleled. For China's leaders, who must confront growing social unrest, the analogy does not end there.

Will debt derail Abenomics? – mpettis

Economists React: China’s Surprise Jump in Exports – WSJ

Chinese exports lifted by strong demand from EU – Nordea

FINNISH

Yrityssaneerauksien määrä kasvoi tammi-syyskuussa 13,2% yoy – Tilastokeskus

Yksityishenkilöiden velkajärjestelyjen määrä kasvoi tammi-syysk. Yoy - Tilastokeskus

Teollisuustuotanto väheni syysk. 1,7% yoy – Tilastokeskus

Teollisuuden uudet tilaukset vähenivät syysk. 3,3% yoy – Tilastokeskus

Konkurssien määrä kasvoi tammi-syyskuussa 6,2% yoy – Tilastokeskus