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Saturday, October 12

12th Oct - Weekender: Weekly Support



Here are the links to the weekly roundups, reviews and also previews of the beginning week. Last week's 'Support' here.

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LAST WEEK
Friday Close
Markets – Between The Hedges
Daily Risk Monitor – Global Macro Monitor
US: Low Volume Meltup Leaves Russell BTFATHers Euphoric – ZH

Weekly Scoreboard – Between The Hedges
US market portrait – Portfolio Probe

The Economist’s Weeklies:

The Weekenderbeyondbrics / FT

Succinct summation of week’s eventsThe Big Picture

The Week That WasZH


Weekly Bull/Bear RecapRCS
 
Weekend Reading: Wall Street’s View of the Fiscal CrisisDealBook / NYT


NEXT WEEK
Schedule for WeekCalculated Risk

Economic CalendarBerenberg (pdf)
US debt ceiling talks: deal to postpone deadline from 17 October? * Eurozone finance minister meeting: banking union debate and Ireland bail-out exit preparations * China GDP: growth edging up again * UK BoE focus: unemployment steady, inflation down

Economic CalendarHandelsbanken (pdf)

S&P 500 Earnings Week AheadReuters


Key Companies Reporting Earnings Next WeekBespoke

Wall Street Week AheadReuters
Debt-ceiling battle may overshadow earnings

Weekly Focus: Early signs of relief as US politicians start talkingDanske Bank (pdf)
US: ongoing budget and debt ceiling negotiations. China: Q3 GDP expect moderate growth acceleration, not yet visible in Chinese inflation expect 2.6% y/y – below the government’s target. UK: labour market report expect unchanged

Week AheadNordea (pdf)
US: negotiations, could pave the way for the release of the employment report. Euro zone: German ZEW index. UK: Unemployment numbers important for shaping expectations about the BoE. China: Q3 GDP and a number of other important numbers could set the tone for the Aussie and Kiwi. 

Scandi Markets aheadDanske Bank (pdf)

Low for longer in Scandinavia and value in long NOK/SEK
 
Drivers in the week aheadMarc to Market
The continued partial shutdown of the US government and the risk of default remains the overriding consideration in the global capital markets. There appears to have been limited progress over the weekend…The market is awaiting the ECB's announcement of the framework for the asset quality review
 
Strategy: Stock market correction may be coming to an endDanske Bank (pdf)
Risk correction may be coming to an end on debt ceiling optimism, stronger earnings and decent data. Bond yields bottoming – too few hikes are priced in 2016 in the US and euro area. EUR/USD peaking. More strong data out of Germany and Japan

Financial Forecast Update October 2013Nordea (pdf)
The US shutdown and the risks related to raising the debt ceiling has had a significant effect on the markets recently. The longer the shutdown lasts the bigger the impact on the real economy => later Fed tapering, lower rates, weaker USD and lower commodity prices. (summary).

Weighing the Week AheadA Dash of Insight
An End to the Debt Limit Stalemate? 

FX Outlook: USD Outlook Still Constructive Marc to Market
As counter-intuitive as it may seem, the US dollar strengthened for most of last week, despite the nomination of Janet Yellen as Fed chair and the continued partial closure of the US Federal government.
Big Picture Look at Next Week – Marc to Market

Key events in the week ahead by Goldman SachsZH

Weekly Credit UpdateDanske Bank (pdf)

EMEA WeeklyDanske Bank (pdf)
Russia's central bank Bank Rossii has updated its main description of the bank's FX policy, which has been characterised as 'managed floating exchange rate' for the past 14 years.

Emerging Market Preview: The Week Ahead – Marc to Market

Emerging: Week Aheadbeyondbrics / FT

The Week Ahead – Europarliament
EU Week Ahead: Backstops and Bombs – WSJ
Enlargement in the spotlight this week – euobserver


CALENDARS
Economic Calendar – investing.com
Economic Calendar – BB
EU calendar – europa.eu
MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat

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