Here are
the links to the weekly roundups, reviews and also previews of the beginning
week. Last week's 'Support' here.
This post will be updated as new
material is published.
Previously
on MoreLiver’s:
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LAST WEEK
Weekly
Scoreboard – Between
The Hedges
Treasury
Yields Tumble, Stocks Fumble, & Commodities Crumble
Succinct
summation of week’s events – The
Big Picture
5 charts
from the week in markets – WSJ
NEXT WEEK
US Schedule
for Week – Calculated Risk
Economic Calendar – Berenberg
Economic
Calendar – Handelsbanken
World Week
Ahead – WSJ
Global
Central Banks Calendar – WSJ
Week Ahead
– ZH
5 Things
to Watch on the Economic Calendar – WSJ
Wall St
Week Ahead – Reuters
Only a
payrolls surprise could shake stalling market
Weighing
the Week Ahead – Dash
of Insight
Will Soft
Economic Data Confirm the Commodity Price Message?
EU Week
Ahead: – WSJ
Weekly
Market Outlook – Moody’s
Week
Ahead – Nordea
Next week’s
key events in the US are the nonfarm payrolls figures
and the ISM reports. The euro calendar will include final PMIs and Euro-area
retail sales. In addition, the continued discussions around the third Greek aid
programme will receive some attention. In the UK focus will be on the central bank’s
monetary policy and inflation report. The BoJ is not likely to change its
monetary policy or its tone regarding the economy and inflation. In Norway focus will be on house prices.
Strategy:
Fed not far from its first hike – Danske
Bank
The FOMC statement
suggests the Fed is not far from the first rate hike * US data are key to our
call for a September Fed hike and very important for financial markets * We
expect higher short-end bond yields and lower EUR/USD in the short-term * In
the euro area focus is back on better fundamentals following the Greek deal mid-July
* In China we expect the impact on growth from the stock market turmoil to be
modest
USA: July jobs report one of the important ones
ahead of September Fed meeting. We expect +210K, will move the core of the FOMC
in favour of a September hike. Euro area: June retail sales set to
decline in line with the lower consumer confidence. German factory orders and
industrial production should continue to be supported by foreign orders. UK: policy announcement, minutes and latest
Inflation Report will be released at the same time. MPC to be divided on
whether to raise the interest rate or not.
Macro
Weekly – A lot of noise – ABN AMRO
A lot has
happened during the last couple of weeks and there is a broad spectrum of
concerns, ranging from Greece to China and the strength of the global
economy. Despite these concerns, I think the global economy is likely to
strengthen in the period ahead. It is easy to worry about unexpected
developments, but it is important to focus on what are the key drivers of the
global economy.
EM FX
Weekly – Brazilian real outlook deteriorates – ABN
AMRO
Emerging
market currencies lower * BRL impacted by worsening fiscal situation and
negative S&P outlook * RUB under pressure on the back of lower oil prices *
CNY: Depreciation undercurrents
building
G10 FX
Weekly – Still positive on the USD – ABN
AMRO
US dollar
recovers after FOMC meeting * NZD and CAD stage a relief recovery * BoJ, BoE
and RBA to keep monetary policy unchanged next week
Euro
rates update – Nordea
FX
Outlook – Marc
Chandler
Near-Term
Dollar Outlook and Speculative Positioning
Weekly
Market Summary – The Fat
Pitch
There are
several breadth and sentiment indicators that suggest the indices have reached,
or are at near, a one month low. But more importantly, for the first time in
awhile it is possible to see an endgame to the sideways trading range that has
persisted in 2015. A break lower soon, should it occur, would likely lead to a
washout low. This is the set up for US equities as seasonally weak August begins.
CALENDARS
Economic
Calendar – investing.com
Economic
Calendar – BB
EU calendar – europa.eu
Markkinakalenteri
– Nordnet