“MM” Reports (Inc FI & FX) CS,JP,TD,CB – 03 Jan13

Some of the institutions issued new reports as of Friday. Many firm’s research desks have remained closed until tomorrow or in some cases Tuesday.

Here are the latest reports for the first complete week back in the new year 2014.

Here the outstanding ‘mm’ report from CS to kick things off.

cs-mm2-23-12-13

Here from JP

JP-MM-03-01-14

Here from JP on US equity specifically

JP-USEquity-02-01-14

Here also from JP on the crucial FI markets and their technical view. The UST remains over 3% with new US consumer mortgages falling again. (Note, new US mortgage applications and refi applications have fallen almost consecutively since may 2013). US fixed income markets are key to all asset markets globally.

JP-FITech-02-12-14

We keep returning to this debate between deflation and inflation. The recent omens, especially given the surge in rates in 2013, albeit from low record levels, along with the taper, the evolving China bear story, is waking up those in the deflation camp again nicely summarized here.

http://confoundedinterest.wordpress.com/2014/01/03/is-there-global-deflation-not-in-housing-money-multiplier-and-velocity-keep-falling-in-u-s/

Here some fx related reports:

JP-FXstrat-03-01-14

TD-FX-CAD-03-01-14

CS-FX-Reserves02-1-14

CB-FXAsia-02-1-14

MM Technical report and Capsyn analysis & comments Tuesday as usual.

All the best

Rich