26th Jan - Quiet

Follow ‘MoreLiver’ on Twitter

EUROPE

ECB’s Lautenschläger: The test of progress - Europe, the euro and the future – BIS

  

  UNITED KINGDOM

UK GDP beats expectations in fourth quarter of 2016 – Politico

Tim Worstall: Brexit Recession - Growth 0.6%, Best In Developed World – Forbes

Britain Was The Fastest Growing Developed Economy In 2016 – ZH

U.K. Brexit Boom Still Sees Economy Plagued by Old Problems – BB

UNITED STATES
What Did NAFTA Really Do? – Economist’s View

  FEDERAL RESERVE

Ben Bernanke: Shrinking the Fed’s balance sheet – Brookings

Why Bernanke Thinks The Fed Shouldn't Shrink Its Balance Sheet – ZH

  TRUMP
Krugman: Reagan, Trump, and Manufacturing – NYT

Tim Worstall: Krugman's ‘Trumpism Will Be Like Reaganism’ – Forbes
Trump Poised to Deliver on ‘Extreme Vetting’ Pledge for Refugees – BB

El-Erian: Trump's Economic Approach Starts to Take Shape – BB

Trump moves ahead with wall, immigration, security policy – Reuters

OTHER

Earnings Repeat Role as Market Elixir as Results Fan Stocks Anew – BB 

Deutsche Warns Global Economy About To Roll Over, Says "Sell" – ZH

What is “long-term debt sustainability” or “kestävyysvaje” all about? – Jussi Lindgren 

Dow 20,000 Is Here: What Professional Investors Say Comes Next – ZH

Are Interest Rates No Longer Driving the Dollar? – Marc Chandler 

Top Economics & Finance Blogs of 2017 – Focus Economics

Best Blogs to Read for Financial Advisors in 2017 – Advisor Websites

REGULARS

Morning Report APAC – TF

The Dow Jones has finally broken the 20000 points level on upbeat corporate earnings. The long-awaited surge has boosted the appetite for risk prompting investors to switch to equities and away from safe havens such as precious metals.

FirstFT – FT

Trump rally resumes after presidential orders on pipelines and Mexican wall

WSJ City – WSJ

Danske Daily – Danske Bank

Eye-Opener – Nordea

Risk on – yields and equities up, USD down * Today UK GDP and Nordic unemployment numbers * Yields resume the rise with equities * USD remains under pressure

Morning Markets – TF

The mood was upbeat in Asia markets today after the Dow Jones rallied past 20000. Meanwhile the world looks to the UK where Q4 GDP figures are due out this morning.

Euro wrap-up – Daiwa

Daily Market Comment – Marc Chandler

Dollar is Firmer, but Mostly Sidelined, as Equity Charge Continues

Daily Press Summary – Open Europe

Brussels Playbook – Politico

Five Things You Need to Know to Start Your Day – BB

UK growth * Free-trade China * Trump’s walls * Stocks rise * Bonds slump

10 things you need to know before the opening bell – BI

US Open – ZH

Global Stock Index On Verge Of All-Time High Propelled By "Dow 20,000" Euphoria

Frontrunning – ZH

FX Update – TF

It is tough to discern why the USD continues to trade on the weak side in some places given that interest rate spreads at least at the short end of the curve continue to point to a strong greenback. It needs a pick up soon in dollar index terms or the bulls may have to suffer another long walk in the desert.

FINNISH

Aamukatsaus – Nordea

Vaalikuume nousee Italiassa * Ison-Britannian BKT-luvut viimeiseltä neljännekseltä julkaistaan tänään * Dow Jones -indeksi ylitti ensimmäistä kertaa 20 000 pisteen rajan * Saksan liike-elämän luottamus laski yllättäen

Trumpin ”veromuurin” oikulliset vaikutukset – Roger Wessman