Google Analytics

Monday, November 21

21st Nov - Italy worries





Follow ‘MoreLiver’ on Twitter

EUROPE
Mario Draghi Speech to European Parliament ECB

Day of Reckoning Strikes Europe’s Balance-Sheet Basket CasesBB
Firms with highest debt ratios are slumping this month * Prospects of imminent Fed rate hike weigh on the shares

  ITALY
Interview Italy’s Five Star’s Bebbe GrilloEuronews

Italy’s referendum holds the key to the future of the euroFT
On December 5, Europe could wake up to an immediate threat of disintegration

Italy’s Looming Referendum Risk Splits Southern Europe’s Bond MarketsWSJ


UNITED STATES
Olivier Blanchard: What Size Fiscal Deficits for the United States?PIIE

  TRUMP
Trump’s economic advisor explains upcoming policy – ZH
What Will Trump Do on Economic Policy? – WSJ
Citi on what will happen to "Trump repatriation" cash – ZH
Noah Smith:  Even Trump Is a Keynesian – View / BB
Steve Bannon and the Last Crusade – Noah Smith
In Trump Versus China, Everyone Can Win – BB


OTHER
Macro Monday: It's destination parity for EURUSDTF
The Eurozone's structural issues persist and with a US regime about to change and generally low negative sentiment towards EURUSD there's only one outcome - the USD and the EUR are looking likely to reach parity.

BofA: How to trade the year of “peak everything, big rotations”ZH

  MEDALLION
Inside a Moneymaking Machine Like No Other – BB
The Medallion Fund, an employees-only offering for the quants at Renaissance Technologies, is the blackest box in all of finance

Matt Levine: Renaissance's Skill and Facebook's BuybackView / BB


REGULARS
Danske Daily – Danske Bank

Eye-OpenerNordea
Dovish Draghi, stronger USD, OPEC expectations * Euro area on ECB support in the coming years * Euro area yields went lower as investors may start to question the sell-off * Dollar continues its rally. Traded below 1.06 on Friday

Morning MarketsTF
The US dollar is continuing its dizzying ascent against a broad range of currencies and looks to stretch its winning streak to an 11th consecutive session. Despite the strong greenback oil is higher on renewed hopes of a production cutting deal while the British pound has firmed as traders eye a key Brexit speech by PM Theresa May this morning.

Daily Market CommentMarc Chandler
Flattish Consolidation Hides Dollar Strength

Daily Market CommentMacro Man
Au revoir, Sarko

Daily Press SummaryOpen Europe

Brussels PlaybookPolitico

US OpenZH
Trumpflation Takes A Breather As Global Stocks Rise, Oil Jumps On Renewed OPEC "Deal Optimism"

Frontrunning ZH

FX Update TF
It is the week of the Thanksgiving holiday in the US possibly meaning a consolidation or at least a pause in the brutal US dollar rally seen after mid-week.


FINNISH
AamukatsausNordea
Euroopan kohtuullinen kasvu saa jatkoa * Saksan korot laskivat perjantaina * Draghin perjantaina Frankfurtissa pitämä puhe oli odotetusti kyyhkymäinen * EKP:n pääjohtaja Draghi on Euroopan parlamentin kuultavana

Kauppa on kuolemaksiPertti Haaparanta

Selvitys: Euro on myrkkyä osakemarkkinoilleKL
Euro on ollut Euroopan osakemarkkinoille todellista myrkkyä, selviää LähiTapiolan tuoreeesta selvityksestä.