Google Analytics

Monday, March 25

25th Mar - US Close: Cyprus Deal Sours





Previously on MoreLiver’s:

Follow ‘MoreLiver’ on Twitter or Facebook

Roundups & Commentary
Markets – Between The Hedges
The Closer – alphaville / FT
NEW: Daily Interest Rate Monitor – Global Macro Monitor

Tomorrow’s Tape: Durable Goods, Case-Shiller – WSJ
Europe: Financials Biggest 1-Week Plunge In 8 Months; Russian Ruble Nears 2013 Highs – ZH
US: "Two Lips From Amsterdam" Sends Stocks Sliding – ZH
Morning Briefing (Asia) – BNY Mellon


EUROPE
Cyprus is Like a…WSJ
At a retreat in Finland, European ministers set aside their usual jargon for elaborate, sometimes all but incomprehensible metaphors.

Bankia Stock Value Is Nearly Wiped Out Under Recapitalization PlanDealBook / NYT
…slumped Monday in the first day of trading after regulators wiped out most of the stock’s value. The shares closed at 14.7 euro cents, down 41 percent from the close on Friday.

UNITED STATES
Citi Destroys The 'Cash-Hoarding-Corporations-Should-Return-It-To-Shareholders' MemeZH

Goldman Sachs: Sorry, U.S. manufacturing isn't coming backWonkblog / WP

FED
Bernanke Speech: Monetary Policy and the Global EconomyFED
Bernanke Rejects Charges Fed Policy Provokes Currency WarWSJ

Dudley Speech: The Economic Outlook and the Role of Monetary PolicyFED
10 Takeaways From Speech by Fed’s DudleyWSJ

NUMBERS
Existing Home Inventory is up 7.5% year-to-date – Calculated Risk
Chicago Fed: "Economic Activity Improved in February" – Calculated Risk
Chicago Fed: Economic Activity “Improved” In February – The Capital Spectator

OTHER
Key Events And Issues In The Week AheadZH

IMF Research Bulletin - March 2013IMF (pdf)