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Thursday, May 25

25th May - Wilder swings



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EUROPE
The end of easy money: how and when to scale back – BB
Editorial: Macron's Work Has Barely Begun – BB


UNITED STATES
What Keeps Bank of America Up At Night – ZH
FOMC minutes: Fed outlines QT principles and expects to hike ‘soon’ – Danske Bank
FOMC minutes: Fed still on track for June hike – Nordea
Fed Not Ready To Change Course – Tim Duy


OTHER
What Is Causing China's Yield Curves To Invert: UBS Answers – ZH
Oil Tumbles After OPEC Ends With A Whimper; Agrees Only To Nine Month Extension – ZH
OPEC Extends Oil Cuts for Nine Months to End Global Glut – BB


REGULARS
FirstFT Daily Briefing – FT
UK ‘halting intelligence-sharing’ with US, Brazil troops mobilise, China battles the undead

WSJ City – WSJ
Post-Brexit Unity May Not Hold, US Seeks Deutsche Details on Trump

Daily Market Comment – Marc Chandler
Euro Strength more than Dollar Weakness

Brussels Playbook – Politico
Trump at EU — Trump at NATO — Trump at G7

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
Traders Spooked After Night Of Sharp, Violent Moves Across All Asset Classes

Frontrunning – ZH