Google Analytics

Tuesday, July 17

17th Jul - Trump clarifies - or backtracks?




Follow ‘MoreLiver’ on Twitter

EUROPE
Leonid Bershidsky: Putin's Spies Can't Even Get Along With Each Other – BB
Interagency rivalries expose the adventurous GRU and it’s mistakes.

May in Brexit Turmoil as Her Majority Is Cut to Three – BB
A tenth member of her government is reported to have quit in order to vote against her.


UNITED STATES
Putin and Trump: Enemies, allies or competitors? – Nordea
A journey of a thousand miles begins with a single step. Will the first step made yesterday by Trump and Putin be enough to revitalize US-Russian relationship?

Trump’s Defense of Putin Proves Too Much for Some Republicans – BB
Allies back away from president’s remarks on U.S. Intelligence * Former congressman says GOP at ‘inflection point’ on president

Ramesh Ponnuru: Trump’s Russia Fixation Has a Simple Explanation – BB
He can’t separate the question of interference in the election from the question of his own legitimacy.

Trump says he has confidence in US agencies on Russia, misspoke in Helsinki – Reuters

Mark Gongloff: Trump's Helsinki Walk-Back Doesn't Go Far Enough – BB
There are still questions about his deference to Putin.




OTHER
More S&P 500 Companies Seeing Negative Impact from FX Than Tariffs in Earnings Calls for Q2 – Factset

The Rising Dollar Is Weighing on Corporate Earnings – WSJ

Wall Street Profit Expectations Tumble As Economic Pessimism Surges – ZH

Mark Gilbert: Sovereign Wealth Fund Warning Light Is Flashing – BB
When the world’s biggest investors scale back, everyone should take notice.

Perspectives Aug-Sep – Pictet
After a relatively subdued first half for risk assets, the outlook for the rest of 2018 looks complicated, but not without hope.

  TRADE WAR
Globalization is more than Pax Americana – Marc Chandler

Trade tension and China – FT

Gauging the market impact of global trade tensions – BlackRock


REGULARS
EU Open Rundown – RANsquawk

FirstFT Daily Briefing – FT
Trump backs Putin, Netflix falls short, Europe’s most divisive commodity

WSJ City – WSJ
Republicans Reproach Trump on Russia, Oil Market Dynamics Are Shifting

WSJ Economics – WSJ
Whirlpool Applauded U.S. Tariffs. Then Things Got Complicated.

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler
Dollar on Back Foot Ahead of Powell

Brussels Playbook – Politico
Welcome to the new world order — Japan-EU’s Trump bump — Fruit fascism

US Open – ZH
Futures Flat Ahead Of Powell As Netflix Shock Lingers Over FAANGs

Aamukatsaus – Nordea