14th Mar - EU Open

Previously on MoreLiver’s:

Wednesday US Close

Wednesday US Open

Wednesday EU Open

Roundups

News roundup – Between The Hedges

The 6am Cut London – alphaville / FT

Emerging Markets Headlines – beyondbrics / FT

MORNING BRIEFINGS

3 Numbers to Watch: SNB decision, ECB bulletin, US jobless claims – TradingFloor

Switzerland is expected to maintain its zero percent target rate in today’s monetary policy assessment. Meanwhile, the ECB may drop clues about the possibility of a rate cut and weekly jobless claims for the US are projected to rise slightly.

Market Preview: All eyes on Brussels; US jobless claims in focus – TradingFloor

European markets are expected to open flat Thursday ahead of the commencement of the European Council's two-day meeting in Brussels later today. Additionally, US jobless claims data is likely to be in spotlight.

Danske Daily – Danske Bank (pdf)

Strong US retail sales suggest that consumers have ignored the recent tax hikes so far.

USD stronger but overall limited market reaction. Norges Bank is expected to remain on hold and signal unchanged rates for the rest of the year. Growth strategy and bailout for Cyprus is expected to top EU-summit’s agenda starting today.

Aamukatsaus – Nordea (pdf)

Aamukatsaus – Tapiola (pdf)

USA: n vahva vähittäismyynti sai yllättävän vaimean vastaanoton, pitkän nousuputken väsyttämältä markkinalta. Keskolta ja Stockmannilta kohtuullisen heikkoja myyntilukuja alkuvuonna. Osakefutuurit plussalla, ennakoiden nousuavausta pörssiin. Yritysvierailu Lassila & Tikanojassa (Tapiola Pankin TOP-10 osake): Uskomme konsensusestimaattien paikkansapitävyyteen (voitot ja osingot noussevat 2013). Arvostus edullinen = 15% alle historiallisen mediaanin (ja tämä vielä alhaisella korkotasolla!).

Markkinakalenteri – Nordnet

Markkinakalenteri – Taloussanomat

EUROPE

Cyprus's Audit Whitewash – WSJ

You don't go to the same doctor for a checkup unless you want the same answer.

Europe’s next protest movement – this time in Germany – Nordea

Protest movements can achieve strong election results and render forming a government difficult, creating uncertainty on financial markets.

OTHER

Monthly Macro: Widening rift in the eurozone to haunt markets again – Handelsbanken (pdf)

China: Slowdown coming earlier than expected * Eurozone: The German locomotive has decoupled *

US: Optimism is back, despite persistent problems * Sweden: Brighter employment outlook, but sluggish GDP path * Bond markets: Long bond yields to rise at a moderate pace

IN FINNISH

Vähittäiskaupan myynti kasvoi tammikuussa 2,9 prosenttia vuodentakaisesta – TK

Teollisuuden liikevaihto supistui vuoden 2012 viimeisellä neljänneksellä reilut 3 prosenttia vuodentakaiseen verrattuna – TK

Palvelualojen liikevaihto kasvoi loka-joulukuussa 2,7 prosenttia vuotta aiemmasta – TK

Inflaatio helmikuussa 1,7 prosenttia – TK