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Thursday, March 23

23rd Mar - Second recovery day



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EUROPE
The Netherlands just issued two friendly reports on Brexit – Open Europe

  EUROPEAN CENTRAL BANK
Banks Scramble For Free ECB Money: €233.5 BIllion Allotted To 464 Banks – ZH
Take-up of TLTRO loans is good news for euro bank credit – Pictet
What will TLTRO funds be used for? – ABN AMRO

Europe's Murky Path to Normal Monetary Policy – BB
Euro zone survey data point to robust first quarter, ECB says – Reuters
Economic Bulletin Issue 2, 2017 – ECB

 
OTHER
Mohamed El-Erian: The Many Culprits in Tuesday's Market Selloff – BB
What if breakeven inflation and the “term premium” are measuring the same thing? – FT
How Asness Became A Billionaire By Building A Vanguard Of Hedge Funds – Forbes


REGULARS
Morning Report APAC – TF
Five people are dead including a policeman and the assailant after the apparent terrorist attack described by PM Theresa May as 'sick and depraved'.

FirstFT – FT
London on alert after terror assault, why mavericks are better than mega-mergers, and how Puerto Rico ran out of blond hair dye

WSJ City – WSJ
Police Arrest Seven Following Westminster Attack, May Faces First Major Security Test

Danske Daily – Danske Bank

Eye-Opener – Nordea
Markets marked by worries about Trump’s pro-business agenda *^Today: last TLTRO and vote on Obamacare * Rates grind lower with worse risk appetite * USD/JPY hits lowest level since November 2016

Morning Markets – TF
Tuesday's equities selloff was met by an attempted recovery in both the US and Asia but while bourses in both regions gained ground volatility is elevated and further downside risk remains.

From the Floor – TF
Brent may have survived the first test of its defences at the the $50/barrel mark, but with Opec running out of firepower and Libya coming back online, it might only be a matter of time. Meanwhile, last-ditch negotiations could rescue Trump's healthcare plan.

Daily Market Comment – Marc Chandler
Some Thoughts about the Recent Price Action

Brussels Playbook – Politico

Five Things You Need to Know to Start Your Day – BB

10 things you need to know before the opening bell – BI

US Open – ZH
Global Stocks, US Futures Rebound Ahead Of Critical Obamacare Repeal Vote, Yellen Speech

Frontrunning – ZH

FX Update – TF
Today's vote on the controversial Obamacare repeal bill is being treated as a key signal of the Trump administration's ability to set policy with dollar pairs waiting on the result.


FINNISH
Aamukatsaus – Nordea
Joko edullinen keskuspankkiraha kiinnostaa? * EKP julkaisee viimeisen TLTRO-rahoitusoperaation * Yhdysvaltain edustajainhuone äänestää terveydenhuoltolakiuudistuksesta * Öljyn hinta laski alle 51 dollariin