Weekly Market
Review –
Zero
Hedge
Global Markets Dump $6 Trillion As "Loco" Fed & Trade Turmoil Spark Panic
Global Markets Dump $6 Trillion As "Loco" Fed & Trade Turmoil Spark Panic
What Happened This Week in the World Economy – BB
Trump,
Gloomy Outlook Hit Finance Chiefs in Bali
Take Five: World
markets themes for the week ahead – Reuters
Harr’s View – Danske
Bank
Stock
market rout to fade despite looming Italy-EU clash
EcoWeek – BNP
PARIBAS
The
eruption of US equity market volatility, with global spillover effects, is a
delayed reaction to a rather significant increase in bond yields since the
second part of August. Market-implied inflation expectations didn’t move that
much so the rise in long term rates reflects an increase in real yields which
in turn is related to strong growth numbers. Historically the relationship
between weekly changes in yields and stock market performance is weak. This
implies that one should focus on drivers of investor risk appetite and in
particular signs of slower growth.
Week Ahead: A
smell of February in the air – Nordea
A
fast spike in volatility and global equities are selling-off. Once again, it
happens on the back of rapidly rising USD real yields. It looks strikingly
reminiscent of February, and the market is worryingly positioned again.
Weekly Focus: The
return of volatility –
Danske
Bank
Italy
submits 2019 budget proposal to EU, Brexit talks and US Treasury’s FX report
Strategy – Danske
Bank
Equity
self-off is temporary; equities are
still set to move higher in 3-12M * China has eased monetary policy but does
not want CNY to depreciate too quickly * IMF has cut its global GDP growth
forecasts slightly * Brexit-optimism has led to an appreciation of GBP
Global Week Ahead – Scotiabank
Europe:
Crunch time arrives both for Brexit negotiations as well as Italy’s budget
proposals * US: US-China relations, earnings risk and macro data will all
combine to have the potential to catapult US developments into the heart of
world markets. One consideration will be whether US Treasury Secretary Mnuchin
points to China as a currency manipulator or once again passes on doing so.
Weekly Market
Outlook
– Moody’s
Financial
Market Volatility May Soon Influence Fed Policy
Macro Weekly – ABN
AMRO
Equity
markets sharply lower. Was it on Fed, rates, trade conflict, profit taking, EM
trouble? * US September inflation data is very benign * Chinese trade data
remains robust
Weekly
Market Summary – The Fat Pitch
Weekly Market
Comment
– Marc
Chandler
Constructive
Price Action Leads Technicals
Weekly Macro
Comment
– Marc
Chandler
Three
broad forces of movement in the week ahead: the equity market performance, political
developments, and economic data.
FX Weekly: Volatility
makes odd bedfellows
– Nordea
The
US outperformance story is increasingly at risk, once spill-backs from EM on to
US activity get more evident. Last week’s sell-off has sparked position
squaring in the FX space, why the odd bedfellows JPY and AUD performed
simultaneously.
G10 FX week ahead:
A big week for European politics – ING
With
global equities stabilising after a turbulent week, the focus turns back to
European politics - with Italy and Brexit on the agenda at a monumental EU
summit. EUR and GBP to stay sensitive to headlines. Elsewhere, the US
Treasury's FX report will be key as it'll tell us whether the US administration
will actually label China a currency manipulator