Weekender: Weekly Support (updated)
Special: German Elections 2013 (updated)
Roundups &
Commentary
Frontrunning – ZH
Overnight: Lack Of Fireworks In German Election Aftermath Means Sideways
Open– ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
EU daily news – Europa
Daily press summary – Open Europe
Morning MoneyBeat: Bears Hibernate After Fed – WSJ
Morning Bond Update – TradingFloor
Big Picture to Begin Week – Marc to
Market
EUROPE
Eurozone Flash
Composite PMI – Markit
Germany Flash Composite PMI – Markit
France Flash Composite PMI – Markit
Euro zone business
activity growing faster than thought in September – Reuters
Euro-Area Services
Strengthen as Demand Improves – BB
PMI signals slow
recovery – Danske
Bank (pdf)
PIIGS
Next Greek package: Dangers for the EZ – voxeu.org
Charles Wyplosz: Greece is in dire straits; it will need more debt
relief. This column argues that Greece is suffering because northern EZ countries
kicked the can down the road by forcing crisis countries to borrow rather than
restructure their debts early on. It is time for the ‘generous’ lenders to face
the consequences of their short-sightedness. The bad news that Chancellor
Merkel ought to break now to her people is that official debt restructuring is
inevitable.
UNITED STATES
Consumers' view of inflation diverges further from
market-implied CPI – Sober
Look
Bank shares sell-off may be signaling weaker
credit growth ahead – Sober
Look
Shutdown countdown: What the next eight days
could bring – WP
ASIA
A BIS survey released
on September 5 reveals that the renminbi (RMB) is now among the 10 most
actively traded currencies in the world. This comes on the back of China’s recent draft plans to allow full convertibility
of the RMB within the newly approved Shanghai Free Trade Zone (FTZ).
The U.S. Federal
Reserve’s decision to postpone the “tapering” of its easy money policy has
given emerging Asia valuable breathing space. But with continued
uncertainty over the Fed’s actions, how long before the Asian market sell-off
begins afresh?
China Flash Manufacturing PMI – Markit
Lift in China PMI does
not solve fundamental challenges – Nordea
HSBC manufacturing PMI
improves for third month in a row – Danske
Bank (pdf)
China PMI Beats With Biggest 2-Month Surge In Almost 4 Years – ZH
China flash PMI: good signs – beyondbrics
/ FT
OTHER
Rotation watch, swings and bond routs – alphaville
/ FT
FINNISH
Pakko
puhaltaa uutta kuplaa – tai vanha poksahtaa – Jan
Hurri / TalSa
Mitä tekee maailman mahtavin keskuspankki nyt
jo kuudetta vuotta taloushistorian suurimman finanssikuplan jälkeen? Se
puhaltaa uutta ja entistä suurempaa kuplaa tilalle minkä palkeistaan irti saa.
Uusi kupla on jo niin suuri ja vaarallinen, että se hallitsee puhaltajaansa
eikä toisinpäin.
Huippuekonomisti:
Eurokriisi kestää vielä vuosia – KL
Finanssikriisi ei ole vielä missään
tapauksessa ohi. Näin sanoo finanssitalo UBS:n varainhoidon pääekonomisti
Andreas Höfert.
Paljastuuko
Euroopan pankeista uusia pommeja? "Bryssel varautuu kaaokseen" – TE
Turkki
ja EU-jäsenyys – Tyhmyri
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