Google Analytics

Friday, March 23

23rd Mar - Carnage




Follow ‘MoreLiver’ on Twitter


EUROPE
Marcel Fratzscher explores the dark side of the German economy – FT

Europe chart of the week – monetary policy – Pictet
ECB ‘higher potential’ rhetoric comes with some difficulties.


UNITED STATES
  TARIFFS
China Hits Back on Trump Tariffs as Europe Off Hook for Now
– BB
China says it plans tariffs up to 25% on imports of U.S. goods * EU, others, exempted from metals tariffs to May 1

Wall Street Journal Admits "China Started The Trade War, Not Trump" – ZH

Global Trade Watch – Taking stock of the US import tariff threat – ABN AMRO
The imposition of tariffs remains by no means certain * The threat of tariffs looks much more like a negotiating tactic * The US administration is likely not as protectionist as it appears.


MARKETS / OTHER
For Stock Bulls, It's Earnings Perfection or Bust – BB
If companies fail to match the lofty expectations, get ready for another bout of rising volatility.

George Magnus: The next recession is a question of when, not if – Prospect
The downturn could come in 2020, with implications for both the US presidential election and Brexit process

Money Markets Are Messed Up, With Real Consequences – WSJ
Banks are paying more to borrow money now than during the 2012 euro crisis, a sign of trouble ahead


Rising U.S. bank funding costs: Five pressure points for markets – Reuters

"Baked In The Cake" - Why LIBOR's Blowout Has Already Done Its Damage – ZH

BofA: Risk That Global Growth Slows A Lot More Than Consensus Believes – ZH


REGULARS
FirstFT Daily Briefing – FT
Trade war tumbles, NY v London, post-Christian Europe

WSJ City – WSJ
Stocks Slide as China Fires Back at U.S., EU Backs U.K. Over Poisoning

WSJ Economics – WSJ
Trump Tariffs Takes Aim at China | China Fires Back | Senate Passes a Budget

“Best of the web” daily charts – Lukas Daalder

Danske Daily – Danske Bank

Brussels Playbook – Politico
Summit highs and lows — Which road to Rome? — Art of the deal (or no deal)

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

US Open – ZH
Global Stocks "Clobbered" As Trade War Breaks Out Amid Fears Of Political Instability

Frontrunning – ZH


FINNISH
Aamukatsaus – Nordea
Osakeindeksit laskussa USA:ssa ja Aasiassa | Odotamme Venäjän keskuspankin laskevan korkoa tänään | Euroalueen ostopäällikköindeksit jatkoivat laskuaan

Aamukatsaus – Danske Bank