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Friday, April 21

21st Apr - Nervous quiet ahead of elections





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EUROPE
If you like the euro, why not just call for a global gold standard? – FT
FTAlphaville and optimal currency areas – Tony Yates

Editorial: How to Break Europe's Financial 'Doom Loop' – BB

Le Pen Victory Worries Some Investors a Lot More Than Others – BB
French Election: Markets hold breath as first round draws near – Danske Bank
One Trader's Plan To Not Let The French Election Ruin His Weekend – ZH

Euro-area PMIs fulfilled high expectations – Nordea


UNITED STATES
US fiscal policy outlook: government shutdown on 29 April? – Nordea


REGULARS
Morning Report APAC – TF
Asian equities have made gains today helped by the rally on Wall St driven by renewed tax cut optimism. Meanwhile France is in the spotlight after Paris was shaken by a terrorist attack.

FirstFT – FT
France launches terror probe as shooting disrupts presidential campaign

WSJ City – WSJ
Paris Attack Shakes Up Election, Markets Send Worrying Signal on Growth

Danske Daily – Danske Bank

Eye-Opener – Nordea
US tax reform “pretty close”, risk appetite resilient, despite Paris attack * PMI data and the French vote ahead * Paris terror attack could boost election uncertainty * US Treasury sell-off out of steam

Morning Markets – TF
The latest polls show centrist Emmanuel Macron leading into Sunday's French vote but last night's shooting in Paris now claimed by ISIS may harm the candidate's chances as he is seen is less credible on security than rightist rivals Fillon and Le Pen.|

Daily Market Comment – Marc Chandler
Markets Enter Consolidative Mode Ahead of Weekend

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
European, US Stocks In Eerie Calm As French Vote Looms

Frontrunning – ZH


FINNISH
Aamukatsaus – Nordea
Tänään julkaistaan ostopäällikköindeksidataa sekä euroalueelta että Yhdysvalloista | Sunnuntaina huomion keskipisteessä ovat Ranskan presidentinvaalitulokset | Euro on viime viikkojen aikana vahvistunut dollaria vastaan