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Thursday, February 8

8th Feb - Another red day





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EUROPE
BOE Warns Rate Hikes May Be "Somewhat Earlier And By Greater Extent" – ZH

Editorial: Italian Politics Takes a Worrisome Turn on Race – BB
The center-right is acting recklessly, but the EU shares some blame.

Economic Bulletin – ECB

ECB Research: The road to becoming VP – Danske Bank

Ferdinando Giugliano: Germany's Wage Deal Is Good for Europe Too – BB
The end of pay moderation will help the European Central Bank meet its inflation target.


UNITED STATES
Why The Senate Budget Deal Is Sending Yields Surging – ZH

Tim Duy: Be Thankful for the Stock-Market Selloff – BB
Lower equity prices could allow the Fed to maintain a gradual pace of rate hikes.


MARKETS / OTHER
GS Head Quant: "Do I Have To Worry About Another Volatility Spike"- ZH
JPM’s Kolanovic: Crisis Playing Out Exactly The Same As Aug 2015 – ZH
XIV Post-Mortem: We Honor the Dead – Macro Man
This Vol Fund Run By A Former SAC Quant Is Crushing It – ZH
Another fear index - implied equity correlations  - just paniced – ZH
Will The Market Shock Escalate Further: It Depends On Just This One Thing – ZH

10Y Yield Spikes Back To Stock-Spooking Levels – ZH
Dow Dumps 200 Points From Pre-Market Melt-Up Highs As XIV Sinks – ZH
Dow Crashes Over 400 Points, VIX Tops 30 As Risk-Parity Plunges – ZH
Dow Drops 500 Points, S&P Breaks Below Key Support As Rate Vol Spikes – ZH
Dow Dumps 600 Points As XIV Crashes Again – ZH

Time Series Momentum: A Good Time for a Refresh – Alpha Architect


REGULARS
FirstFT Daily Briefing – FT
US budget deal, China M&A, ‘nut rage’ fallout

WSJ City – WSJ
The Real Concern About Markets, Congressional Leaders Seal Budget Deal, BlackRock Takes Leaf out of Buffett’s Book

WSJ Economics – WSJ
Budget Deal May Bring Back $1 Trillion Deficits | Easy Money Underlies Market Selloff | China Yuan Tumbles

“Best of the web” daily charts – Lukas Daalder

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler
Dollar Firms, While Equities Search for Stability

Brussels Playbook – Politico
Gaddafi sanctions fail — ECB sausage fest — 2019 election divisions continue

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

US Open – ZH
Dow Set For Another -200 Point Open After A Volatile, Extremely Illiquid Session



FINNISH
Aamukatsaus – Nordea
Saksassa ja USA:ssa päästiin sopuun * Englannin keskuspankki kokoustaa * Kiinan kauppatase voi vahvasti * Sopu näkyi valuutta- ja korkomarkkinoilla

Aamukatsaus – Danske Bank