Here
are the links to the weekly roundups, reviews and also previews of the
beginning week. Last week’s roundup-post is here.
Previously
on MoreLiver’s:
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LAST WEEK
Weekly Market
Review
– ZH
NEXT WEEK
US Schedule for
Week
– Bill
McBride
Economic
Calendar – Berenberg
Global Week Ahead – BB
Brexit
Fallout, Spain Poll, Wimbledon * Yellen, Draghi speak at ECB forum after U.K.
votes to leave EU * ‘Three Amigos’ Summit takes place; Nike releases earnings
Brexit
Fall-Out
Wall St Week Ahead – Reuters
Wall
Street eyes low rates, earnings after Brexit rout
Weighing the Week
Ahead –
Jeff
Miller
Is
the Brexit Vote a Turning Point for Stocks?
EcoWeek – BNP
Paribas
Week
Ahead: Brexit! Now what? – Nordea
The
UK voters defied wide-spread expectations of “much ado about nothing” in the
case of a vote to stay in the EU. Links to the most important Brexit research
are included below. Next week will mostly be about the policy reactions to
Brexit as the big central banks meet, the EU Heads of State meet and the media
will be dominated by the question: Who’s next? Also watch the Spanish election
(Sun), US ISM (Fri), Chinese PMIs (Fri) and Norwegian unemployment (Fri).
Week Ahead – Handelsbanken
Global Views
Weekly –
Scotiabank
Weekly Market
Outlook
– Moody’s
[free
registration required]
Macro Weekly: Brexit
– now what –
ABN
AMRO
A
lot of commentary has been produced on the UK electorate’s shock decision to
leave the EU. Volatility on financial markets has jumped and it will probably
take a while before the dust settles. Uncertainty prevails.
Speculative
Positioning
– Marc
Chandler
Speculators
Cut Currency Exposure ahead of FOMC, BOJ, and Brexit
FX Outlook – Marc Chandler
Now
What?
Weekly Market
Summary
– The
Fat Pitch
But
sell offs triggered by a shock event like "Brexit" tend to bottom and
then reverse rather quickly. That is
likely now as well as investors realize that the non-binding vote will have
little material affect within the next year or two, if ever. Moreover, several
studies related to extremes in volatility and sentiment suggest US equities are
nearing a point where a reversal higher is very likely.