Here are
the links to the weekly roundups, reviews and also previews of the beginning
week. Last week's 'Support' here.
This post will be updated as new
material is published.
Previously
on MoreLiver’s:
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LAST WEEK
Weekly
Scoreboard – Between
The Hedges
Friday’s
Price Monitor – Global
Macro Monitor
Furious
"Plunge Protection" In Final Minutes Fails To Push Stocks Green For
2015
Succinct
summation of week’s events – The
Big Picture
NEXT WEEK
US
Schedule for Week –
Calculated
Risk
World
Week Ahead – WSJ
Fed
Prepares to End ‘Forward Guidance’ Era
Week
Ahead – ZH
The Week
The Fed Loses "Patience"
Global
Central Banks Calendar – WSJ
Central
Bank Release Calendar
– Daily FX
Week
Ahead: Fed, U.K. Budget, Israel Vote, Iran, F1 – BB
EU Week
Ahead: Russia, Libya and Iran – and a Summit – WSJ
Economic
Calendar – Berenberg
Germany:
ZEW index to improve again * Fed: Getting less patient? * UK: Do not expect big
pre-election government budget giveaways
Economic
Calendar – Handelsbanken
5 Things
to Watch on the Economic Calendar – WSJ
Wall St
Week Ahead – Reuters
Investors
in 'patient panic' over Fed language
Top
Economic Events to March 24 – Reuters
Weekly
Market Outlook – Moody’s
Weekly
Focus – Danske
Bank
The main
event is the FOMC meeting. We expect the key sentence that the FOMC can be
patient in beginning to normalize the stance of monetary policy to be omitted from
the statement. This will mark the final transfer from calendar-based guidance
on monetary policy to data-dependency.
Macro –
Has the world gone mad? – ABN
AMRO
More and
more government bonds in the eurozone are trading at negative yields. And yet,
when asked who will sell their bonds to the ECB, few market participants appear
keen to do so. Has the world gone mad?
Strategy
- More upside risk to euro area growth – Danske
Bank
Euro area
tailwinds keep building – more upside risk to growth * US and Chinese data
disappoint * Euro stocks in historic outperformance – more to come * New lows
in euro yields – it’s all about the flows * EUR/USD heading for parity
Central
banks will be very much in focus next week. We expect the Fed to remove the key
“patient” phrase from the FOMC statement, a move which would open the door for
a rate hike at any subsequent meeting. Demand for the ECB’s third TLTRO should
be low. We expect Norges Bank to cut rates by 25bp to 1.0%, while the Swiss
National Bank will likely stay put.
New
financial forecasts
– Nordea
The tension
in the markets because of the ECB and the Fed going in opposite direction has
increased over the last month, after ECB started its QE program and strong
labour market numbers are continuing to come in from the US. The USD has strengthened strongly
and yields in the US and Euro Zone diverged more.
STOCKS
Weekly
Market Summary – The
Fat Pitch
CREDIT
Euro
rates update – Nordea
Euro
Rates Weekly: Can a floor become a noose? – ABN
AMRO
Setting a
floor to the ECB deposit rate, the ECB has supported duration and credit trades
* The universe of eligible bonds decreased and could limit the room to
manoeuvre for the Buba * Chance of shortage is diminished by substitute
purchases and the marketable debt loophole * If the Buba will run out of
eligible bonds, the universe of eligible names will be extended
FOREX
FX
Weekly – US dollar hegemony – ABN
AMRO
Given the
powerful forces at play, there is a rising chance that EURUSD parity and below
is achieved. Next week the FOMC meeting will be eyed. We expect a signal in the
statement that it remains on track to hike interest rates in June.
FX 4
next week: Fed faces the 'patience' dilemma – TradingFloor
FOMC may
find it too early to take "patience" out of the equation next week
* EURGBP could bounce but event-risk
ahead from BoE meeting, UK jobs data * Risk-off sentiment could see NZDJPY succumb
* Expected dovish Norges Bank meeting March 19 could spark NOK into action
FX
Outlook – Marc
to Market
Dollar
Momentum Takes a Life on of Its Own
CALENDARS
Economic
Calendar – investing.com
Economic
Calendar – BB
EU calendar – europa.eu
Markkinakalenteri
– Nordnet
Global
Central Banks Calendar – WSJ
Central
Bank Release Calendar
– Daily FX