EUROPE
Clive Crook: Germany's Enthusiasm for
Macron Won't Last – BB
OTHER
Monthly
Investment Strategy Highlights, May 2017 – Pictet
Eerie
Calm Shrouds Markets – Marc
Chandler
REGULARS
Asian markets opened lower as the focus turned to key regional events. South
Koreans are voting today to replace ousted leader Park Geun-hye and Australia
will release its federal budget.
White House dismisses hearing on Russia ties
Retail Sales Smash Estimates, Fear Gauge Nears 1993 Low
Fading relief, surging Finnish exports, Italy under pressure * Strong
export numbers from Finland * Markets on Macron? Meh * Italian bond spreads
jump
Major stock indices finished the first day after French election close to
levels a few hours earlier when bourses were opened.
Daily Market Comment – Marc Chandler
Dollar Firms amid Position Adjustments
Katainen bursts the Macron bubble — New EU ambassadors — Climate
negotiators fear US exit
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
Crushed Vol Boosts Dollar, Commodities; Futures Flat
Frontrunning – ZH
USDJPY pulled higher to levels not seen since mid-March as sovereign bond
have come under pressure again. Elsewhere EURCHF has arched to new multi-month
highs perhaps finally able to respond to higher yields now that the immediate
existential EU fears have eased after the French presidential election.
FINNISH
Suomen vienti
vahvassa vedossa * Eiliset markkinareaktiot Ranskan presidentinvaalien
tuloksiin hyvin vaisut * Yhdysvaltain VIX indeksi alimmalla tasolla sitten
vuoden 1993 * Tänään on tulossa hiljainen päivä