Roundups
News roundup – Between
The Hedges
The 6am Cut London – alphaville
/ FT
MORNING BRIEFINGS
Today’s key updates
include releases on consumer sentiment in Germany (Gfk Consumer Climate
Indicator), retail-sector activity in Britain (CBI Distributive Trades Survey),
and the outlook for housing sales in the US (pending home sales data).
Market Preview: German GfK survey and US
pending home sales eyed – TradingFloor
European markets are
expected to open lower on Wednesday amid growing concern over a potential US military intervention in Syria. Meanwhile, traders await GfK consumer
confidence and US pending home sales data due later today for further
direction.
Danske Daily – Danske
Bank (pdf)
Focus continues
to be on the emerging market sell-off and the possibility of US military
intervention in Syria. On the data front, euro-area M3 growth is expected to
decline from 2.3% y/y to 2.0% y/y...US pending home sales for July will be
quite interesting as they serve as a good leading indicator for existing home
sales... Bank of England governor, Mark Carney,
will be given a speech today (text expected to be released 13:45 CET).
Market comment: Just when everything looked
better again – Nordea
Core bonds with
sizable rallies, as Syrian conflict boosts flight-to-quality * Equities taking
big losses – crude oil prices surge higher * Syria capturing most headlines –
markets pricing in most risks beforehand * German confidence continues to
improve * US pending home sales and Euro-zone credit data ahead * Finland with
a new 5-year benchmark * US auctions set to continue
Aamukatsaus – Nordea
Saksan kurssi
vakaa * Katseet Kaakkois-Aasiaan * Syyrian kiristynyt tilanne hermostuttaa
markkinoita
Aamukatsaus – Tapiola
(pdf)
Aloitimme sijoitussuositusten julkaisun
yhteydessä pohjoismaisten osakkeiden seurannan. Olemme tarkastelleet TOP10
suositusten tunnuslukuja sekä lisänneet tärkeimmät tunnusluvut aamukatsaukseen.
Markkinan suunta: Osakemarkkina
voimakkaaseen laskuun ja öljyn hinta kuuden kuukauden huippuihin Syyrian
kriisin pelossa. Eilinen makrodata positiivista Saksasta ja USA:sta. Osakefutuurit
miinuksella, indikoiden laskuavausta OMX HEX:iin.
EUROPE
Merkel Blames SPD’s
Schroeder for Letting Greece Into the Euro – BB
The downsizing dilemmas of European employers – voxeu.org
In times of economic
crisis, managers often take drastic measures to survive. This column presents
new research on the preferences of managers from across Europe when faced with ‘downsizing’.
UNITED STATES
The Creeping Fear Of The "Great
Normalization" Of US Monetary Policy – ZH
Reverse Repos and Fed Intervention – Stephen
Williamson
ASIA
Indian Rupee Collapses By Most In Over 20 Years – ZH
OTHER
SocGen's Shocking Oil
Forecast: $150 Upside; $125 Base Case Following Syrian Attack "Within A
Week" – ZH
FINNISH
Suomen pankin Liikanen: Eurooppa ei enää
talouskriisin keskiössä
– HS
Suomen
Pankin pääjohtajan mielestä EKP:lle on kasattu liikaa vastuuta