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Wednesday, June 7

7th Jun - Super-Thursday risks fading





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EUROPE
UK elections: Theresa May win would be GBP positive – Danske Bank
Brexit will shave 7.5% from U.K. GDP, a no-deal Brexit even more – BB
If U.S. and Turkey continue straining NATO ties, Europe wants an alternative ready – BB
Finland Research: Economy at full speed towards potential – Danske Bank 
Banco Popular wiped out in Santander sale – ABN AMRO
Spain's Banco Popular Bailed In, Acquired By Santander For €1.00 – ZH
Failing Bank Resolution Done Right – Forbes

  EUROPEAN CENTRAL BANK
Mohamed El Erian: ECB Will Do This Week – BB
ECB: Small yet important changes tomorrow – Nordea
ECB Still Behind the Fed Even With Euro Area Outpacing U.S. – BB
ECB Critic Holds His Tongue as Race Nears for Bank’s Top Job – WSJ
Euro Tumbles On Reports ECB Will Cut Inflation Forecasts – ZH
Euro Spikes As Headline-Reading Algos Go Wild Ahead Of ECB – ZH


UNITED STATES
Fed Just Sort Of Confident About Full Employment – Tim Duy
Comey Testimony: The Big Questions and the Biggest Question – BB


OTHER
How Currency Experts Will Ride Thursday's Forex Rollercoaster – BB


REGULARS
Morning Report APAC – TF
Gold rose to a six-month high and the US dollar fell 1% against the yen as investors focused on risk aversion.

FirstFT Daily Briefing – FT
UK election looms, heads roll at Uber, Sweden’s Museum of Failure

WSJ City – WSJ
Economic Chasm Will Shape U.K. Election, Santander Buys Banco Popular

Danske Daily – Danske Bank

Eye-Opener – Nordea
US job openings, rallying bonds, cooling Norwegian house prices * US job openings hit a series high * Chinese central bank to start buying USTs again? * USD/JPY continues to sink

Morning Markets – TF
US assets weakened Tuesday as investors reduced their hopes for economy-boosting reforms from the Trump administration. Asian shares meanwhile largely managed to stay green while Australian GDP data came out in line with expectations.

From the Floor – TF
Britain's Conservative party could be headed for a weak majority in Thursday's general election as prime minister Theresa May has run a "terrible campaign", says Saxo Bank's chief economist Steen Jakobsen. Thursday's calendar offers a triple whammy of risk, with the UK election, an ECB meeting and testimony by the former FBI chief to a US Senate committee.

Daily Market Comment – Marc Chandler
Markets Mark Time Ahead of Tomorrow

Brussels Playbook – Politico
May’s security play — Mariya Gabriel under fire

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
Futures Flat, Market Anxiety Eased By European Bank Rescue

Frontrunning – ZH

FX Update – TF
AUDUSD pulled to new highs and around the 200-day moving average after a soft Q1 GDP number was not quite as weak as expected. Elsewhere the yen remains bid on lower bond yields and ahead of a trio of big event risks for tomorrow.


FINNISH
Aamukatsaus – Nordea
Tyyntä torstain edellä * Osakemarkkinat hienoisessa laskussa ennen torstaita * Dollari-indeksi seitsemän kuukauden pohjalukemissaan * Norjan asuntomarkkinat viilenevät