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Tuesday, April 17

Apr 17th - Still bullish, IMF's outlook




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EUROPE

Merkel Commits to a Bold New Europe, Just Not in the Euro Area – BB
German CDU, SPD caucus leaders squabble over reform commitment * German chancellor cites need for treaty change to her caucus

German unions, employers reach breakthrough in public sector wage talks – Reuters


MARKETS / OTHER
FX Forecast Update – Danske Bank
EUR/USD to slide near term, but next big move is higher

Majority Of Investors Starting To Cash Out, Convinced Market Peaks In Second Half – ZH

Goldman: The Only Two Times We've Seen A Market Like This Was The Cuban Missile Crisis And The 1987 Crash – ZH

The decline in manufacturing, charted – FT

  IMF OUTLOOK
IMF Spots Trouble Ahead for the Global Economy After 2020 – BB
Fund keeps forecast unchanged but warns world growth will slow * ‘First shots’ fired in potential trade war, Obstfeld says

Jason Schenker: IMF's Rosy Outlook Contains a Caveat for Investors – BB
The report suggests the economic growth outlook, commodity prices and equity markets are all at risk of dropping.

The Party Is Ending: IMF Warns The Coming Risks Are "Clearly To The Downside" – ZH


REGULARS
FirstFT Daily Briefing – FT
WPP dogs unleashed, Wizard of Oz returns, Venezuela’s refugees

WSJ City – WSJ
WPP Looks to Fill the Gap, Netflix Beats Expectations, US Looks to New Front in Trade Spat

WSJ Economics – WSJ
Trade Tensions Escalate (Again) | China’s Economy Advances | Employers Turn to Teens

“Best of the web” daily charts – Lukas Daalder

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler
Dollar Recovers from Further Selling as Turnaround Tuesday Unfolds

Brussels Playbook – Politico
Macron in Strasbourg — Security matters — Trump’s shadow

Five Things You Need to Know to Start Your Day – BB
 
US Open – ZH
US Futures Surge; Confused Dollar Stumbles Then Spikes Higher