EUROPE
Merkel, Macron Pledge a
United Europe as They Bid Kohl Farewell – BB
Weidmann Meets the
People With Reassurances on ECB Policy Path – BB
ECB: Hawkish comments
over the weekend – Nordea
Macron’s €9bn austerity
headache – FT
OTHER
Macro Monday: New quarter new divergence – TF
We have kicked off the
third quarter of the year with Mario Draghi's hawkishness and the BoE's Carney
being unsure whether rates would be hiked or loosened. All eyes look to the
next "real" Fed meeting on September 20 after all the holidays
Key Events In The Coming
Week: Payrolls, Fed Minutes, ISM, G-20 – ZH
Official Coordination or
Is the Market Getting Ahead of Itself? – Marc
Chandler
El-Erian: What Stock
Investors Need to Know, and Why – BB
SocGen: "Global
Stocks 21.5x P/E: Higher Revenue Growth Needed" – ZH
REGULARS
Morning Report APAC – TF
The third quarter of the year has kicked off with a whimper rather than a
bang on equity markets in Asia with nervous investors struggling to find
direction. In Australia hopes of a rebound from last week's sharp losses have
failed to materialise.
FirstFT Daily Briefing – FT
EU considers tougher regulatory powers, Total’s milestone, the science of
naming asteroids
WSJ City – WSJ
Banks Could Face €15bn Brexit Bill, Stage Set for More Volatile Second
Half
“Best of the web” charts – Lukas Daalder
Danske Daily – Danske Bank
Eye-Opener – Nordea
Mixed inflation data, higher sentiment, bond sell-off continues * Euro-area
core inflation heading higher * Another day of rising yields * Riksbank ahead
this week
Morning Markets – TF
Asian equity markets struggled to find direction today with little
guidance from the US following only minor gains on Wall Street last Friday. And
given that Wall St closes early today and takes tomorrow off some markets may
be muted again for a day or two. But the release of nonfarm jobs at the end of
the week should jolt sidelined investors into activity. Meanwhikle in Australia
there are no signs yet of investors taking up the "buy in July"
mantra and the S&P/ASX200 added to last week's slide.
From the Floor – TF
Saxo Bank head of equity strategy Peter Garnry is eyeing the energy
sector closely as depressed valuations and a determined uptick in crude prices
have the potential to signal a turnaround for the long-weak sector.
Daily Market Comment – Marc Chandler
Dollar Bounces to Start H2
Brussels Playbook – Politico
Mosco circus — Tech meets politics — Catalan showdown
10 things you need to
know before the opening bell – BI
US Open – ZH
S&P Futures, Euro Shares Start 2nd Half Solidly In The Green; Oil
Rises For 8th Day
Frontrunning – ZH
FX Update – TF
The pattern of global central banks turning more hawkish faces an
interesting test this week as the RBA meets tonight and even more so as the
uber-dovish Riksbank is also set to meet tomorrow.
FINNISH
Aamukatsaus – Nordea
Joko palkat nousevat - tällä viikolla tulossa
Yhdysvaltojen työmarkkinaraportti * Riksbankin kokous on tiistaina *
Markkinoilla oli perjantaina rauhallista
Talous pyrähti kasvuun, mutta rakenneongelmat pysyvät – Euro
ja Talous