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Tuesday, July 4

4th Jul - US Closed





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OTHER
Goldman Warns Of Rising "Shock" Risk To Risk Parity Investors – ZH
Goldman Sachs On What Happens Next - Recession, War, Or Goldilocks – ZH
War or Recession Might Be Needed to Break Low-Vol, Goldman Says – BB
Citi's Sentiment Indicator Crashes, And Four Other Things That Scare The Bank – ZH


REGULARS
Morning Report APAC – TF
The USD hit its highest level in seven weeks against the yen following the better-than-expected ISM manufacturing data.

FirstFT Daily Briefing – FT
Nasdaq’s $123.47 puzzle, N Korean missile, Nike’s near-perfect marathon

WSJ City – WSJ
Hammond Says UK Must ‘Hold Nerve’, The Simple Maths of Bond Investing

“Best of the web” charts – Lukas Daalder

Danske Daily – Danske Bank

Eye-Opener – Nordea
Equities and yields up on ISM, Riksbank sidelined today, North Korean missile test * The Riksbank to stay sidelined today * Strong ISM pushes yields higher * The USD strengthens on ISM, JPY weakens on LDP election loss in Tokyo

Morning Markets – TF
Asian shares shrugged off a Nasdaq glitch that temporarily reset an array of stock prices but geopolitical tensions are in focus after a North Korean missile test infringed on Japan's exclusive economic zone.

From the Floor – TF
US bourses are closed today, providing a key opportunity to scrutinise local indices while they stand still. The Nasdaq, it seems, is in correction mode as tech stocks lead the charge lower.

Brussels Playbook – Politico
ECB’s boost to multinationals — UK’s EU battlegroup — Rogue MEP trips

US Open – ZH
Global Stocks Rebound From N.Korea ICBM Jitters; US Markets Closed For "Amexit Day"

 
FINNISH
Aamukatsaus – Nordea
Jatkuuko haukkamaisuus? * Riksbank kokoustaa tänään * Yhdysvaltojen ISM-indeksi vahvistui * Yhdysvaltojen markkinat tänään kiinni