- Iowa result leads to GOP confusion (FT [11])
- Romney ekes out Iowa caucus victory (FT [12])
- MF Global sold assets to Goldman before collapse (Reuters [13])
- China’s Wen Jiacao sees ‘relatively difficult’ first quarter (Bloomberg [14])
- German Scandal Adds to Pressure on Merkel (WSJ [15])
- US mortgage demand fell at year-end, purchases sag (Reuters [16])
- Bank worries hit Europe stocks, euro down (Reuters [17])
- Martin Wolf: The 2012 recovery: handle with care (FT [18])
- SNB Chief’s Wife Defends Dollar Trades (Bloomberg [19])
- China Home Prices Slide Amid Reserve-Ratio Speculation (Bloomberg [20])
- Analysis: Obama among the winners in Iowa (Reuters [21])
European Economic Data:
- Eurozone PMI Composite 48.3 – higher than expected. Consensus 47.9. Previous 47.9.
- Eurozone PMI Services 48.8 – higher than expected. Consensus 48.3. Previous 48.3.
- Eurozone CPI Estimate 2.80% - in line with expectations. Consensus 2.80%. Previous 3.00%.
- Germany PMI Services for December 52.4 – lower than expected. Consensus 52.7. Previous 52.7.
- France Consumer Spending for November -0.1% m/m -2.1% y/y – lower than expected. Consensus 0.4% m/m -1.8% y/y. Previous 0.0% m/m -0.9% y/y.
- France PMI Services for December 50.3 – higher than expected. Consensus 50.2. Previous 50.2.
- Italy PMI Services for December 44.5 – lower than expected. Consensus 45.3. Previous 45.8.
- Italy CPI - EU Harmonized for December 0.3% m/m 3.7% y/y – higher than expected. Consensus 0.2% m/m 3.5% y/y. Previous -0.1% m/m 3.7% y/y.
