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Friday, May 26

26th May - Boring



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EUROPE
ECB's policy not a problem for financial stability – withdrawal may be – BB
Trump is Right about Germany, for the Wrong Reasons – Francesco Saraceno

Fewer crisis spots on the euro-area housing market – Deutsche Bank


UNITED STATES
Q1 GDP Revised To 1.2% Stronger Spending and Capex. Corporate Profits Tumble – ZH
How Non-profit Organizations Saved Q1 GDP – ZH
Q1 US GDP Growth Revised Up To A Still Weak 1.2% - Forbes 
UMich Confidence Shows Partisan Divide Widest Ever – ZH


OTHER
Wall Street Throws Up On OPEC – ZH


REGULARS
Morning Report APAC – TF
Asian markets opened mixed following yesterday's Opec meeting. Opec confirmed it would extend its supply deal by nine months but oil prices fell 5% as investors were hoping for deeper cuts.

FirstFT Daily Briefing – FT
FBI investigates Kushner, Mosul strike, scenes from a ravaged city

WSJ City – WSJ
Gaming the VIX, OPEC Leaves Investors Wanting More

Danske Daily – Danske Bank

Eye-Opener – Nordea
Weaker GBP on thinning lead, Macron set for a majority, lower UST yields * OPEC deal disappointed * FOMC minutes supportive of (soft) June hike * Brent oil prices 6% lower

Morning Markets – TF
Oil prices slid further on Friday in Asian trading after a sharp dive on Thursday due to disappointment over Opec's agreed production cuts. The US dollar firmed against major currencies.

Brussels Playbook – Politico
7 tremendous Trump moments — Trump says Germans are ‘bad, very bad’ — G7 preview

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 Rally Fizzles After "OPEC Shock" In "Slow Risk-Off Session"

Frontrunning – ZH

FX Update – TF
Öljyn hinta kääntyi laskuun OPECin kokouksen jälkeen | Fedin pöytäkirja antoi viitteitä kesäkuun koronnostosta | Tänään ei ole tulossa tulossa suuria julkistuksia


FINNISH
Aamukatsaus – Nordea
Öljyn hinta kääntyi laskuun OPECin kokouksen jälkeen | Fedin pöytäkirja antoi viitteitä kesäkuun koronnostosta | Tänään ei ole tulossa tulossa suuria julkistuksia