Special: German Elections 2013 (updated)
Roundups &
Commentary
Frontrunning – ZH
Overnight: Futures Flat In Absense Of Overnight Ramp – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
EU daily news – Europa
Daily press summary – Open Europe
Morning MoneyBeat: Stock Investors Shrug off Rising Rates – WSJ
Morning Bond Update – TradingFloor
Aussie-Kiwi Pulled in Opposite Directions, Yen Recovery Extended – Marc
to Market
EUROPE
Reduce policy uncertainty to solidify EZ
recovery – voxeu.org
The Eurozone is
recovering but the revival is fragile – ringed by downside risks. This column
argues that three steps – reducing policy uncertainty, repairing the financial
system, and creating new investment opportunities – are essential. They could
switch the negative confidence-growth feedback loop into a positive one, thus
paving the way to robust medium-term growth. There is no room for complacency
or procrastination.
Live blog: Mark Carney at parliament – Money Supply /
FT
Germany is committing slow economic suicide. It has staked its future on heavy
industry and manufacturing, yet has no energy policy to back this up.
Austerity could create 25mn more poor Europeans – euobserver
Up to 25 million more
people in Europe are at risk of poverty by 2025 if governments continue with
austerity policies, international aid agency Oxfam has said.
Tobacco firms under fire for EU lobbying – euobserver
Lobbying by firms such
as Philip Morris risks destroying the EU's new tobacco-control law, senior
policy makers have said.
State of the Union Address: ‘Mixed messages’ – Presseurop
ECB
Dispute with ECB: European Parliament Delays
Banking Union Vote – Spiegel
The European
Parliament has delayed an important vote on the euro zone banking union that
will see the most important financial institutions placed under the supervisory
of the European Central Bank. Members of parliament want greater ECB
accountability.
Monthly Bulletin, September 2013 – ECB (pdf)
Statistics Pocket Book, September 2013 – ECB (pdf)
PIIGS
Italian market test – MacroScope
/ Reuters
Italian bond yields
have already clambered above Spain’s for the first time in 18 months which is
bonkers if you look only at the underlying economic fundamentals.
Several hundred
thousand people took part in the Catalan Way, a human chain extending over 400km along the
region’s borders on September 11,
ASIA
BOJ Beat: Spotlight Still on Fed Policy – WSJ
Minutes from the last
Bank of Japan policy meeting show that one thing continues to bother the
central bank: the possible spillover effect of the Federal Reserve's expected
move to scale back its bond-buying program.
OTHER
Global FI Strategy: A September to remember – Nordea (pdf)
With less than a week
to go before the long-awaited September FOMC meeting, the market is finding
itself in a wait-and-see mode (summary).
FINNISH
Rahoituksen
kallistuminen uhkaa pohjoismaisia asuntomarkkinoita – Kai
Nyman / Piksu
"Teollisuuden
valitus kustannuskilpailukyvystä turhaa – olisi pitänyt ajatella aiemmin" – Verkkouutiset
Suomessa on pidetty esillä
kustannuskilpailukykyä, mutta todellinen ongelma on reaalisessa
kilpailukyvyssä. Vanhat tuotteet eivät käy kaupaksi, oli hinta mikä tahansa,
sanovat Ulkopolitiikka-lehden haastattelemat asiantuntijat.
Täällä
Bryssel - Eija-Riitta Korhola – YLE
EU:n tupakkadirektiivin uusimisesta kertoo
pakinassaan eurokansanedustaja Eija-Riitta Korhola (kuvassa) Strasbourgista.
EU on
rajoittamassa puun polttoa – YLE
Puupolttoaineelle kaavaillut
kestävyyskriteerit huolestuttavat suomalaisia metsänomistajia. Pelkona on, että
EU-säädökset lisäävät myös byrokratiaa.
Kiinteistöveroon
tulossa mojova korotus – TE
Aika
romuttaa kliseet maahanmuutosta – Tilastokeskus
blogi
Koko kaupan myynti kasvoi heinäkuussa 1% YoY –
Tilastokeskus
Rakennusyritysten liikevaihto väheni
huhti-kesäkuussa lähes 2% YoY – Tilastokeskus