Monthly Archives: August 2012

The Dawn Patrol – 31.08.12 – On Jackson Hole, On the ECB banking Union. Iliad!! UBS world agenda and Citi’s European Portfolio… Have a great week end.

Howdy! Markets seem like they will open slightly down following the US last night and Asia this morning. Iron ore continues to drop. Everyone is ready to listen (at 16:00 Paris time) to a bearded man who will speak from some place in Wyoming where indians and trappers used to hunt elks… Other things to […]

The Dawn Patrol – 30.08.12 – RCUBE shorts the US consumer discretionary. On the Beige Book, Spain and Japan. Some Earnings and more.

Sawubona, Markets to open slightly down, there is no volume, everyone awaits Jackson Hole and there is a US 3 day week end ahead of us, so no one moves. We’ll watch the German unemployment, eht EU consumer confidence (11:00) and the US jobless claims because it’s already Thursday… PERNOD: Numbers are OK but expectations […]

The Dawn Patrol – 29.08.12 – On Jackson Hole, Spain, the Fiscal Cliff and French Debt.

Bonjour, Markets expected to open flat as markets are still waiting for something to happen in Jackson Hole… Macro eyes on US Q2 GDP, US home sales and the Beige Book. BOUYGUES Q2 sales slightly better than consensus thanks to better construction number, but the telco side dropped meaningfully. Expect some downgrades for Bouygues and […]

The Dawn Patrol – 28.08.12 – The Mood in NY. BAM’s “Code Red”; JPM ups cyclicals, GS’ Hatzius on Jackson Hole, RCUBE in the WSJ. MS likes Reckitt.

Bonjour, Markets to open slightly down as caution remains ahead of the Jackson Hole event. Lots of earnings this week from French corporates. Today, my sore eyes will focus on EU M3, consumer condidence, Spanish bills and Italian bonds sales. What to do in Jackson Hole CREDIT AGRICOLE: Hard to read earnings as there are […]

The Dawn Patrol – 02.08.12 – RCUBE/LCM Macro. On the Fed, the ECB. Earnings…

Mohin, Nervous markets today… The Fed will do something later, but nothing announced last night. All are awaiting the Dark Knight… Keep your eyes on earnings, Initial claims, the ISM for NY and the Spanish bonds auction… (only for the fans: nobody expects the Spanish bonds auction… Sorry, I tried). BNP offers a strong beat […]

The Dawn Patrol – 01.08.12 – On the Chinese PMI, the European politics. Many more earnings. France 3rd…

Bonjour Markets seem to be headed down at the opening as we wait for the FOMC tonight. Japan down on earnings disappointments from Komatsu and Sumitomo and a slightly weaker Chinese PMI. Today, our sore eyes will look at the the Eurozone PMI (10:00), the US PMIs and ISM (15:00 and 16:00). Germany will sell […]