30th Jan - Notable red day

Daily candlesticks

Monthly candlesticks

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EUROPE

Government Analysis: The UK Will Be Worse Off In Every Scenario – Buzzfeed

BuzzFeed News has seen a new Brexit impact assessment, which says leaving the EU will adversely hit almost every sector and every UK region.

  DATA

Economic Sentiment edges down slightly from 17-year high – EU
GDP up by 0.6% in both the euro area and the EU28 – Eurostat

Euro zone growth at 10-year high in 2017, January sentiment dips – Reuters

Euro-Area’s Strong 2017 Finish, confidence high – BB

Q4 GDP growth strong, but not stronger – Pictet

UNITED STATES

Trump’s Agenda Faces Tough Fiscal Reality After State of the Union – BB

Tax cut of $1.5 trillion projected to balloon federal deficit * President has backed away from proposal for welfare overhaul

Mnuchin: "I Absolutely Support A Strong Dollar Over The Longer Term" – ZH

MARKETS / OTHER

Ten-year Treasury yield has further to rise – Pictet

Taking into account last December’s fiscal reforms in the US, we have revised up our end-of-the year target for the 10-year Treasury yield.

Market Euphoria May Turn to Despair If 10-Year Yield Jumps to 3% - BB

Stocks, high-yield bonds, munis at risk as interest rates rise * ‘Goldilocks’ scenario only works if debt yields rise gradually

European Credit Markets Plunge To 6-Month Lows; Stocks Tank – ZH

Nomura: "What Was That?" – ZH

Today’s talking-point is the buy-side head-scratching on widespread ‘minor but curious’ performance wobbles experienced yesterday, as numerous consensual trades (largely concentrated in equities though) reversed course and disrupted the placid ‘momentum’ / ‘carry’ market of the past month

REGULARS

FirstFT Daily Briefing – FT

Brexit leak, Russia sanctions, super blue blood moon

WSJ City – WSJ

Global Bonds Swoon Amid Pickup in Growth, JP Morgan Plans for Life After Dimon

“Best of the web” daily charts – Lukas Daalder

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler

Dollar and Bonds Stabilize; Equities not Yet

Brussels Playbook – Politico

Parliament’s new leadership — EU readies for US trade war — UK poorer with any Brexit

Five Things You Need to Know to Start Your Day – BB

US Open – ZH

Global Markets A Sea Of Red As Dollar Selloff Resumes

Frontrunning – ZH

FINNISH

Aamukatsaus – Nordea

Euroalueelta saadaan pikaennakko 4. neljänneksen BKT-luvuista | Saksasta julkaistaan inflaatioluvut | Markkinoilla korot olivat nousussa

Aamukatsaus – Danske Bank

Miten luoda turvalliset velkakirjat Eurooppaan ilman yhteisvastuuta? – Euro ja Talous

Euroopasta puuttuu koko alueen kattava ja turvallinen sijoituskohde, joka tarjoaisi luotettavan takaisinmaksun yksittäisen valtion taloustilanteesta riippumatta sekä likvidit jälkimarkkinat.