Google Analytics

Monday, July 23

23rd Jul - Iran, China, Trump

Follow ‘MoreLiver’ on Twitter

What is priced in for the ECB and Fed ABN AMRO
ECB expected to hike in October next year * September hike nearly fully priced, but less conviction further out

Morgan Stanley: Large Moves Are Becoming More Common In The Market

Goldman Sachs: "Market Depth Has Collapsed" ZH
The same vol is now associated with lower depth.

Trade Tensions Threaten Global Economic Growth, G-20 CautionsBB
Global economy is less synchronized than it was in March * Pledge to refrain from currency devaluation removed from text

Trump as First Post-Cold War President and the Dollar Marc Chandler

Iran Warns Trump Not to Threaten Its Oil ExportsBB
Rouhani suggests Iran has export options aside from Hormuz * Trump reimposing U.S. sanctions to curb Iranian oil sales

Trump’s War of Words With Iran Shines Spotlight on Vital Oil RouteBB
Strait of Hormuz handles about 30% of seaborne-traded crude * Gulf Arab states can ship some oil by pipeline if Hormuz shut

Leonid Bershidsky: Iran Faces the Consequences of Snubbing TrumpBB
The U.S. president has made nice with North Korea and Putin, but keeps Iran in the firing line.

China says threats, intimidation on trade will never work – Reuters
China’s Stealth Yuan Devaluation Catching Trump’s Attention – BB
China isn't weaponising its currency (yet) – FT
China Says It Has "No Intention" To Devalue Yuan To Boost Exports – ZH

EU Open RundownRANsquawk

FirstFT Daily BriefingFT
EU rebuffs UK’s Brexit proposal for the City

Trump Fires Warning to Iran, Slump in Bond Liquidity Rattles Investors

WSJ EconomicsWSJ
$500B In Tariffs on Chinese Goods? ‘Definitely a Realistic Possibility’

Danske DailyDanske Bank

Daily Market CommentMarc Chandler
Dollar Consolidates Trump-Inspired Losses, BOJ Resolve Tested

Brussels PlaybookPolitico
Juncker’s expectations management — Brussels braces for Bannon — Political (in)decency

Five Things You Need to Know to Start Your DayBB

Yuan Resumes Slide As Dollar Rebounds; JGB Yields Surge As Global Stocks Stall


EKP kokoustaa torstaina | Tiistaina julkaistaan heinäkuun alustavat ostopäällikköindeksit sekä euroalueelta että USA:sta | Dollari heikentyi perjantaina kautta linjan