Follow ‘MoreLiver’ on Twitter
EUROPE
Germany Will Lose if
Macron Fails – Project
Syndicate
Congratulations, President Macron – Now We Oppose You – Project Syndicate
France’s Anti-Populist
Populist – Project
Syndicate
Macron's Shared Eurozone
Budget Won't Work - Right Idea, But It Won't Work – Forbes
OTHER
Despite
North Korean efforts to grab the limelight with a missile launch China is in
the spotlight today with key data releases. Beijing has just concluded its
landmark Belt and Road summit as well which puts Asia's top economy at the
forefront of global efforts to boost trade and fight protectionism.
More
fuel to the inflation convergence story after low core inflation from US
Friday. The big question for Fed – will US core inflation head even lower?
Moreover, will EA inflation also disappoint this month? And are China worries
old news by now?
FX Forecast Update – Danske
Bank
Cyclical
risks surfacing as politics abate
REGULARS
Asian markets were lower at the start following North Korea's latest
missile launch. The markets were also cautious following the weekend G7 meeting
which outlined concerns over Trump's protectionist policies.
Weaker US inflation, focus on the Riksbank and UK CPI this week * US core
CPI undershoots expectations again * Lower USD-rates and higher EUR/USD * What
Schulz effect?
The energy ministers of Russia and Saudi Arabia have announced their
intention to extend the current production cut deal with crude prices rising by
1.5% in both Brent and WTI and equity futures surging.
From the Floor – TF
Oil prices rallied when Saudi Arabia and Russia voiced support for
extending Opec-led production cuts by nine months, to March 2018. But so far
the oil price rally is mainly driven by short-covering, and new longs would be
needed to drive it higher,
Daily Market Comment – Marc Chandler
Softer Dollar and Yen to Start the Week
Brussels Playbook – Politico
Merkron meeting — Schulz blow — UK insists on EU military veto
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
Oil Surges After Saudis, Russians Agree To 9 Month OPEC Output Cut
Extension; US Futures Flat
Frontrunning – ZH
FINNISH
Riksbank
rahapoliittisen keskustelun ytimessä * OPEC yrittää uudelleen * USA:n inflaatio
jäi taas odotuksista * Kiinassa heikkoja tilastoja