Google Analytics

Thursday, July 20

20th Jul - ECB not as dovish as was hoped

Follow ‘MoreLiver’ on Twitter

How is the European Union progressing towards its Europe 2020 targets? – Eurostat
Germany’s fiscal: surpluses but demographics might become a problem! – DB

Options for ECB tapering – ABN AMRO
More Thoughts on the ECB – Marc Chandler
ECB/Rates: Tweaks tomorrow, scenarios going forward – Nordea
When Will the ECB Pull Its Trillions From the Markets? – BB
Draghi Moves On From Sintra as ECB Refines Stimulus Message – BB

Monetary policy decisions –
ECB Leaves Guidance Unchanged as Anticipation for Autumn Builds – BB
ECB sticks to easy money pledge despite better growth – Reuters
ECB Keeps Rates, QE Unchanged; Ready To Increase QE "In Size And Duration" – ZH
ECB instant view: Moving very, very slowly – Nordea

Introductory Statement –
Draghi Says Officials ‘Aren't There Yet’ as ECB Keeps Stimulus – BB
Bunds Violently Whipsawed On Draghi Confusion – ZH
ECB review: Trying to avoid dates with destiny – Nordea
ECB on the dovish side – Handelsbanken
El-Erian: Why the ECB Decided to Stand Pat on Stimulus – BB
ECB fights to keep a lid on tightening financial conditions – ABN AMRO
ECB: see you in autumn – Pictet
Dollar hits nearly two-year low against euro after Draghi comments – Reuters

Mueller Expands Russia Probe to Examine Trump's Business Transactions – BB
White House deregulation push clears out hundreds of proposed rules – Reuters
Congressional Republicans unveil bills to bar class-action rules – Reuters
S&P's Prophetic Warning About Another Debt Ceiling Showdown – BB

Fed hawks talk tough for now, but medium term, doves will ascend – BB
Trader Warns - Next Week's FOMC Meeting May Not Be "Benign" – ZH
Here’s Why Yellen’s Fed Cares About America’s Opioid Epidemic – BB

Major central banks to turn up heat despite low-burn inflation: poll – Reuters
BOJ pushes back inflation target for sixth time, keeps policy steady – Reuters
Albert Edwards: Just One Aberration Prevents A "Petrifying Bear Market" – ZH

We Need Cyberwar Rules of Engagement Now – BB
The Battle for the Moon Begins – BB
Editorial: How to Win the Online War Against Islamic State – BB

Morning Report APAC TF
Equities have gained ground across Asian markets today but many investors are cautious ahead of policy announcements from the Bank of Japan and the ECB. Meanwhile upbeat jobs numbers have given the lofty Australian dollar another boost.

FirstFT Daily BriefingFT
Tech stocks record, Detroit 50 years on, song of the summer

What to Expect From Mario Draghi, Tech Stocks Beat Dot Com Record, EU Won’t Ride to UK’s Rescue

“Best of the web” daily chartsLukas Daalder

Danske Daily Danske Bank

Equities break records, inflation still missing, ECB awaited * Bank of Japan forced to revise its inflation forecasts lower again * Little volatility in the FX and Rates markets yesterday * ECB GC meeting will be the key event for markets this week

Morning MarketsTF
More and more international banks will move staff from London to Frankfurt. Morgan Stanley is the latest to do so. On a macro level the announcement by the European Central Bank also Frankfurt-based today will be watched closely even if a rate change is not expected.

Daily Market CommentMarc Chandler
ECB Game Day

Brussels PlaybookPolitico
Poland on Article 7 sanction notice — Brexit snooze — Parliament’s long holiday

Five Things You Need to Know to Start Your DayBB

10 things you need to know before the opening bell BI

World Stocks Hit Record High For 10th Consecutive Day In "No-Vol Nirvana"

Frontrunning ZH

EKP pitää tänään kokouksen | Isosta-Britanniasta vähittäismyyntidataa | Euro-alueen kuluttajaluottamus jäämässä kasvu-uralle

Kannatusmittaus: Perussuomalaisten lähtö ei yksin selitä hallituksen alamäkeä – YLE
[pdf] Puolueiden kannatusarviot heinäkuu 2017 – YLE