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Eurozone condemned to permanent crisis without reforms – The Telegraph
Single currency will not become a "United States of Europe" as countries deal with the scars of the current crisis, former Brussels chief Olli Rehn warns
Merkel and Hollande to discuss migrant crisis at Berlin meeting – FT
Greek Election: Syriza 2.0 vs. What’s Left – BB
Uncertainty to keep Fed’s finger off the trigger in September – Danske Bank
6 reasons the FOMC is unlikely to move in September – Sober Look
The majority of economists still expect the Federal Reserve to begin the long-awaited liftoff next month.
Lawrence Summers: The Fed looks set to make a dangerous mistake – FT
Raising rates this year will threaten all of the central bank’s major objectives
FX: QEvent – Nordea
Jackson Hole will ponder inflation, just as the Markets will ponder implications. FX important in light of recent China action. Fear is not a USD friend right now.
EURUSD surprise break higher was on the cards – TF
As EURUSD approaches the top of a seven-month long range, it is good to review the underlying drivers of the exchange rate and whether a breakout is near. My guess is that a break higher would be entirely possible, and a big surprise to the markets.
These Currencies Could Be The Next To Tumble In Global FX Wars – ZH
China plunges 8.5% triggering global rout – FT
China’s Stocks Sink Most Since 2007 as State Intervention Fails – BB
Oil slides to 6-year low as commodities tumble – FT
Great fall of China sinks world stocks, dollar tumbles – Reuters
European Stock Selloff Intensifies as DAX Heads for Bear Market – BB
What Next After Stock Drop? — View From the Street – WSJ
Chinese slowdown everybody knew was coming – WaPo
Morning MoneyBeat Europe – WSJ
Global Stocks Selloff Continues
Morning MoneyBeat US – WSJ
As Markets Drop, Is 2007 the Next Stop for Dow, S&P?
Danske Daily – Danske Bank
Euro rates update – Nordea
Eye-Opener – Nordea
Bad day for equities, which dragged down oil, yields bound to go lower * This week: Euro-area inflation back to zero? * Bond markets will gain from safe-haven flows as equities fall * EUR/NOK at yearly high on sliding oil prices
Morning Markets – TF
It's an absolute bloodbath in equities and commodities after continued concerns over China fueled risk-off to send the SHCOMP down 9% and lead Asia as well as commodities-led currencies to devastating plunges.
Daily FX Comment – Marc Chandler
Market Rout Continues, North American Leadership Awaited
Daily Shot – TF
The turbulence in markets got even uglier on Friday, with the S&P 500 out of its trading range, and rampant risk aversion has stoked expectations that the US Federal Reserve will take a dovish stance. The VIX volatility index has hit levels not seen since late 2011.
Daily Press Summary – Open Europe
‘No’ campaign takes shape and seeks support of up to eight cabinet ministers *
Greek government still targeting 20 September for election despite delays * Osborne heads to Scandinavia to help build alliances for EU reform * Belgium calls for review of Schengen border-free arrangements following failed terror attack * Italian Foreign Minister: Refugee crisis could put Schengen into question * EU figures reveal increase in fraud within the EU budget * Podemos distant third in new Spanish poll * German bank association warns Capital Markets Union must not come at the expense of banks
Brussels Playbook – Politico
Terror on the Thalys — Merkel goes underground — Lebanon protests
US Open – ZH
Summarizing The "Black Monday" Carnage So Far
Frontrunning – ZH
FX Update – TF
The renewed meltdown in Chinese equities overnight kept the negative momentum in risk appetite running high after the swan dive in major US indices on Friday. In the major currencies, this means additional upside pressure in the euro and yen and weakness in the US dollar, seeing EURUSD and USDJPY confronting critical levels.
From the Floor – TF
China's 'Black Monday' – with the Shanghai Composite closing down 8.49% – is creating panic in the global markets.
Aamukatsaus – Nordea
Suomi saamassa hyviä uutisia Saksasta - euroalueen ostopäällikköindeksit odotettua paremmat * Osakeindeksit laskivat jyrkästi perjantaina * Turvasatamakorot painuivat
Jan Hurri: Näin euro kaluaa Suomenkin taloutta – TalSa
Yhteiskuntasopimus kaatui, joten hallitus yrittänee sisäistä devalvaatiota talouspoliittisin pakkokeinoin. Sopimus tai ei, odotettavissa on ansiotulojen laskua ja työttömyyttä. Niistä löytyvät euromaan talousjoustot. Euro ei jousta, joten sinä joustat
Ekonomisti: "Poliitikoille ei nyt kiitoksia heru" – TalSa
Poliitikkojen pitäisi OP-ryhmän pääekonomistin Reijo Heiskasen mielestä nyt laittaa Suomen etu oman uran edelle. Talous näyttää vastaisuudessakin synkältä ja kipeitäkin muutoksia on tehtävä.