EUROPE
How Europe works – Eric Lonergan
Italian Bond Yields Plunge Most In 6 Years,
Banks Soar As Tria Endorses Euro – ZH
Marcus Ashworth: Italian Bonds Rejoice in Statement of the Obvious – BB
A technocrat’s
commitment to the euro is just what the short end wants to hear.
Despite
growing uncertainties around the strength of the eurozone recovery, little
underlying inflationary pressure and possible further market turmoil, the ECB
seems determined to demonstrate its focus on long-term trends. After Praet's
remarkable speech, we expect a very exciting meeting on 14 June
Fear of Italy leaving
the euro has driven Germany’s surplus with the European Central Bank to a
record €956 billion. But economists say this surplus could vanish overnight if
a real crisis hit.
UNITED STATES
Leonid Bershidsky: Trump’s
Leadership Isn’t Just About Tantrums – BB
His inconvenient tactics at the G-7 and beyond are not necessarily
irrational.
OTHER
G7 summit: a step
closer towards a real trade war – ING
Last
minute emotions prevent reconciliation and there's little time left to get
trade negotiations back on track
FX Strategy – Danske
Bank
EUR/USD
lower for longer - but not forever
Monthly Economic Update: A long, hot summer – ING
The
next few weeks present a number of political challenges that could upset global
economic growth and financial market confidence. President Trump continues to
ratchet up the rhetoric on trade as he aims to squeeze maximum concessions from
Europe and China, but he risks pushing too far as retaliation measures
escalate. At the same time European politics will remain in the headlines as
Brexit talks go in circles and Italy potentially tests the EU’s patience.
REGULARS
G7 chaos, Band’s Visit wins big, predicting World Cup victors
US Escalates Trade Clash With Allies, Trump Set for High-Stakes Kim
Summit
From Trump and Kim to the Fed and Inflation, It’s a Packed Week
Limited Immediate Impact from Quebec
The story behind that G7 photo — Juncker the ‘killer’ — Conte me out
Five Things You Need to
Know to Start Your Day – BB
Futures Flat As Nervous Traders Hunker Down For "The Week From
Hell"
FINNISH
Aamukatsaus – Nordea
EKP:n ja Fedin
kokoukset tapahtumatäyteisen viikon huippukohtia | Tänään luvassa Norjan
inflaatioluvut, myöhemmin viikolla vuorossa Ruotsi, USA ja Iso-Britannia |
G7-huippukokous päättyi sekaviin tunnelmiin