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Thursday, June 1

1st Jun - New ATH, EZ federalism, US exits Paris Accord





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EUROPE 
Weidmann Says ECB Is Starting to Debate Changing Guidance – BB 

  FUTURE OF EURO AREA
Europe’s Political Spring: Fixing the Eurozone and Beyond – voxeu
New eBook: Europe’s Political Spring: Fixing the Eurozone and Beyond – voxeu
European Commission's proposal for integration better than the alternative – BB
George Soros: Standing Up for Europe – Project Syndicate
'Dysfunctional' EU has plunged into existential crisis, Soros warns – The Telegraph


UNITED STATES
Trump to Withdraw U.S. From Climate Accord to Seek Better Deal – BB
Trump says U.S. to withdraw from Paris climate accord – Reuters
Despite Paris Accord Exit, Companies Expect Little Change – WSJ

DATA
Brainard, Powell, Employment Report Ahead – Tim Duy
5 Things to Watch in the May Jobs Report – WSJ


Private Sector Employment Increased by 253,000 Jobs in May – ADP
ADP Employment Surges Despite Biggest Job Cuts Spike In 2 Years – ZH
U.S. factory activity ticks up; private payrolls surge – Reuters
US Manufacturing PMI Drops To 8-Month Lows In May – ZH


OTHER
Bilderberg Agenda: "The Trump Administration - A Progress Report" – ZH


REGULARS
Morning Report APAC – TF
Asian markets were largely flat at the start after US stocks closed slightly lower and traders await China's Caixin PMI data.|

FirstFT Daily Briefing – FT
Paris climate pact, May’s no-show and JPMorgan trial

Danske Daily – Danske Bank

Eye-Opener – Nordea
China PMI below 50; weaker USD; lower oil inventories * Lower Norwegian inflation target?

Morning Markets – TF
A new data release shows Japanese capital spending grew by 4.5% in the first three months of 2017 a print that together with strong profit readings and manufacturing growth sent stocks surging higher with the Nikkei 225 gaining 1.07% in Wednesday's session.|

From the Floor – TF
Another disappointing Chinese PMI release sets a rather careful tone for the outlook of the world economy. In Europe, however, expansion continues apace leaving ECB policy looking increasingly out of place.

Daily Market Comment – Marc Chandler
Greenback Steadies at Lower Levels, Sterling Struggles

Brussels Playbook – Politico
Trump trumped on climate — EU-China summit — Why UK pollsters can’t agree

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 Stocks Rise As Oil Rebounds; Yuan Soars

Frontrunning – ZH

 
FINNISH
Aamukatsaus – Nordea
Takamatkalta lentoon? Suomen ensimmäisen neljänneksen BKT-luvut julkaistaan tänään * Euroalueen inflaatio hidastui odotetusti toukokuussa * USA:n teollisuuden luottamus (ISM) julkaistaan tänään

Heikki Koskenkylä arvioi liittovaltiohaukka Guy Verhofstadtin esitystä: olisiko Euroopan Yhdysvallat ratkaisu EU:n ongelmiin? – Suomen Uutiset