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EUROPE
European Union leaders discussed whether to allow euro zone states to run
higher deficits to cope with the costs of the migration crisis, EU officials
said early on Thursday, but failed to find a common position.
UNITED STATES
OTHER
Soft landing for China feels like hard landing
for the world – Danske
Bank
REGULARS
U.S. Stocks Extend
Losses for Third Day
Europe Rebounds as
Hawkish Yellen Cheers Bulls
Buybacks Can’t
Completely Remedy Sluggish Demand
The dollar has
strong-armed the euro back towards the 1.1150 mark and after a brief respite,
the Volkswagen fake test scandal is now threatening to engulf BMW, Daimler and
other parts of the VW Group.
Yellen Lifts Dollar
Daily Press Summary – Open
Europe
Polling reveals that
large proportion of business vote is “up for grabs” in EU referendum *
Merkel announces reform
of asylum law as domestic unease grips Germany * Greece continues to seek
European Parliament role in bailout * ‘Out’ camps join forces to push for
Brexit * European regulators to step up real world emission tests in response
to VW scandal * Putin’s move to prop up Assad reveals splits among Germany,
France and Britain * Market expectations of expanded stimulus grow despite ECB
playing down prospect * IMF warns Eurozone banks to come clean over bad loans *
EU spends millions to lobby against death penalty in US
Brussels Playbook – Politico
Auto world — Refugee
questions — Uber woes
Futures Surge On Renewed
"Hopes" Of Fed Rate Hike, Sliding Yen
Federal Reserve chair Janet Yellen
was not amused by the market’s reaction to last week’s FOMC meeting, apparently
wanting to keep a 2015 hike firmly on the table. The response was a stronger
USD in places and a weaker one elsewhere as riskier currencies took heart.
FINNISH
Poliittiset riskit esillä Espanjassa * Yellenin
mukaan ohjauskorkoa nostetaan tänä vuonna * Norjan keskuspankki laski korkoaan
ennakoitua aikaisemmin * Ruotsin teollisuuden luottamus yllätti positiivisesti