W/E:
Weekly Support (updated!)
Follow ‘MoreLiver’ on Twitter
EUROPE
Philippe
Legrain: Is the Euro Compatible With Democracy? – FP
Berlin doesn't seem to think so.
EUROPEAN CENTRAL BANK
ECB
forecasts look promising but more QE is possible – TF
Max McKegg:
Months of talk is over, time to start buying * ECB staff forecasts are credible
but oil price the key * Buying inflation-linked bonds provides opportunities
Euro
Inflation Research No. 2 – Danske
Bank
ECB's core
inflation forecast is too optimistic
ECB
launches €1.1 trillion blitz as bond market dries up – The
Telegraph
'Our
monetary policy decisions have worked,' says ECB president Mario Draghi,
basking in the glow of recovery
UNITED STATES
US Trade
Deficit Worse Than Expected As Auto Exports Tumble – ZH
Bank
Stress Tests: What the Analysts Say – WSJ
FEB EMPLOYMENT REPORT
NFP
preview: Is another upside surprise in store? – TF
Live: February
Jobs Report: Everything You Need to Know – WSJ
Payrolls To
295K (235K expected), Unemployment Drops To 5.5% - ZH
US: Strong
job growth with limited wage inflation – Danske
Bank
Stocks,
Bonds, Commodities Drop, Dollar Pops, Good News Is Bad News – ZH
Goldman:
Fed Will Modify Forward Guidance, Possible June Rate Hike – ZH
Economy
added 295,000 jobs in February – WaPo
More Than
Half Of Jobs Added In February Were Lowest-Quality, Lowest-Paying – ZH
Employment
Report Comments and Graphs – Calculated
Risk
The Numbers:
February Jobs Report – WSJ
Hilsenrath:
Report Keeps Fed Moving Toward Midyear Rate Increase – WSJ
February’s
Jobs Report in 10 Charts – WSJ
Economists
React: ‘Full Employment!’ – WSJ
February
Jobs Report: Wage Growth Is Stuck Around 2% - WSJ
On the
brink of full employment – Nordea
ASIA
REGULARS
Daily
Central Banks – WSJ
Blackstone’s
Take: ECB More Upbeat, but Eurozone Remains a Laggard * Big U.S. Banks Pass Fed
Stress Tests * Fed’s Williams: Ready to Consider Rate Rises Starting This
Summer * ECB Raises Economic Forecasts for Eurozone Ahead of Stimulus Program *
SNB Says Repeal of Currency Cap Could Hit Its Performance
Daily
Macro – WSJ
Eurozone
bond yields and the euro fell further early Friday as investors continued to
absorb European Central Bank President Mario Draghi’s message following the
central bank’s latest policy meeting the previous day.
Danske
Daily – Danske
Bank
Eye-Opener – Nordea
ECB meeting
provided a lot of QE details * EUR/USD in terra incognita * Yet another strong
US jobs report?
Daily FX
Comment – Marc
to Market
All About
ECB and US Jobs
Daily
Shot – TF
Turkey's central bank is under pressure
from the government to cut rates, which doesn't make sense in the face of a
falling currency. It cut rates by 50 basis points last week, which apparently
wasn't large enough for President Erdogan. The bank is now left in a bind ahead
of its scheduled rate-setting meeting on March 17. Its independence is being
put into question and the lira has fallen to new lows against the dollar. A
rate hike by the US Fed later this year could do even more damage.
US Open – ZH
Euro
Plummets As Q€ "Priced In", Futures "Coiled" Ahead Of
Payrolls
FX
Update – TF
EURUSD
melting lower toward 1.10 has been grabbing all of the headlines, but most of
that has been a weak euro story. The USD, meanwhile, is merely among the
strongest currencies rather than a true stand-out. Cue today’s US employment report for whether the
USD bull is ready to charge again.
From the
Floor – TF
If the euro
had been hoping for some support from Mario Draghi's ECB press conference
yesterday, it got very little with an initial spurt giving way to sub 1.10
levels. With today's NFP looming, the common currency is floundering.
Daily
Newsletter – TF
After
several months of unexpectedly strong US employment data, markets are
expecting more of the same in today's NFP print. Should the numbers oblige,
expectations of a near-term Fed rate hike should ratchet up a tick or two. Also
worth watching today is revised Eurozone GDP data. Germany's industrial output data is also
due and always worth tracking as a proxy of wider Eurozone prospects.
FINNISH
Aamukatsaus – Nordea
Ei mikään normimaanantai | Euro hylkii eurodataa | USA:ssa
uusien työttömyyskorvaushakemusten määrä nousi korkeimmalle tasolleen yhdeksään
kuukauteen
Kansantaloudellinen aikakauskirja 1/2015 – Taloustieteellinen
yhdistys
Suomen velkaantuminen pahenee – "Nyt on raakaa faktaa"
– Verkkouutiset
Puheeni pakkoruotsista, jota en onnistunut pitämään –
Osmo
Soininvaara
Vakava varoitus Suomelle TV:ssä: ”Muutamassa vuodessa
kova kriisi” – Uusi
Suomi
Kun politiikasta tuli kvartaalipopulistista
vähittäiskauppaa – YLE
Politiikka ja aatteet eivät sovi tänään yhteen. Milloin
aatteettomuus astui mukaan politiikkaan ja milloin tilalle astui
kvartaalipopulistinen vähittäiskauppameininki? Milloin brändit ja imagot
jyräsivät aatteet ja tilalle astuivat lyhyen aikavälin pikavoitot? Sakari
Sirkkasen haastateltavana on entinen Ylen taloustoimittaja, nykyinen
viestintäyrittäjä, puolueiden aatteista kirjan kirjoittanut Jouko Marttila.
Laskeeko Suomen luottoluokitus taas? – IL
Valtiovarainministeri Antti Rinne yritti viikko sitten
vakuuttaa luottoluokittajia hallituksen päätöksentekokyvystä.
Kansalaisaloite: Ruotsin kieli valinnaiseksi oppiaineeksi
kaikilla kouluasteilla – Eduskunta
PS: Enemmistö jänisti pakkoruotsiäänestyksessä – Suomen
Uutiset
Legrain: Sopivatko euro ja demokratia yhteen? – Suomen
Uutiset