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Friday, January 11

11th Jan - EU Open


What a night: FX, especially JPY, moving like there's no tomorrow. Perhaps there isn't.


Previously on MoreLiver’s:                  

Roundups
News roundup – Between The Hedges
The 6am Cut London – alphaville / FT
Emerging Markets Headlines – beyondbrics / FT

Reference
Debt crisis live – The Telegraph
The Euro Crisis Blog – WSJ
Tracking Europe’s Debt Crisis – NYT
FX Options Analytics – Saxo Bank
European 10yr Yields and Spreads – MTS indices
Economic Calendar – Forexpros

MORNING BRIEFINGS
3 Numbers to Watch: Rehn speaks, ITA auction, US Trade BalanceTradingFloor
EU Commissioner Rehn's lecture might create a headline or two, Italy's auction should go well following on from Thursday's success, while the US Trade balance should confirm that the economy is slow.

Market Preview: Japan unveils stimulus; UK prod. data on tapTradingFloor
European markets are expected to open higher Friday. Investors will keep an eye on UK production, US trade balance data and a budget statement due later today.

Danske DailyDanske Bank (pdf)
ECB closed the door on further rate cuts, sending EUR/USD and yields higher. Japan’s Prime Minister Abe unveiled a significant fiscal stimulus plan this morning. Chinese inflation surged on extremely cold weather in December. Market movers today: Today’s UK industrial production, US trade balance, Q4 earnings reports

AamukatsausNordea (pdf)
EKP:ssa koronlaskuvaatimukset vaienneet * Vastapaino säästöintoiselle Euroopalle: Maailman velkaisin valtio elvyttää lisää * EURUSD nousi voimakkaasti ja päätyi korkeimmilleen huhtikuun jälkeen

AamukatsausTapiola (pdf)
Positiivinen data Kiinasta nosti eilen USA:n S&P 500 indeksin viiden vuoden huippuihin. EKP:n linja hieman odotettua tiukempi, ohjauskorko pidettiin yksimielisesti ennallaan. Osakefutuurit plussalla, indikoiden nousuavausta. Nokialta positiivinen tulosvaroitus NSN:n ansiosta.

MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat