EUROPE
Editorial:Greece’s
Ordeal Is Far From Over – BB
Only
genuine debt relief can ensure it won’t be back in crisis.
Greece’s eight-year
odyssey shows the flaws of the EU – The
Economist
The
island where the euro crisis started has yet to recover from Europe’s help
Eurozone hails
Greek bailout exit as end of crisis – FT
Country
received €289bn of loans over eight years as economy collapsed
Italy's Economic
Outlook Makes Budget Blowout a Tough Sell – BB
Growth
set to slow through 2020 while yield spread could widen * Salvini says Italy
will resist financial-market speculators
Germany set for
world’s largest current account surplus – FT
International
pressure mounts on Berlin to do more to stimulate domestic demand
Europe risks
failure on migration
– FT
While
the EU tries to agree a policy, nativist politicians are whipping up prejudice
OTHER
Weekly Market
Summary
– The Fat
Pitch
US
equities have returned to, and in some cases exceeded, their January all-time
highs. The trend is clearly higher and several new momentum studies suggest
that equities are likely to gain more into year-end. Recent macro and corporate results data also
support the ongoing equity bull market. Despite the gains over the past 5
months, investor sentiment is not frothy.
Tech Firms Account
For 60% Of Profit Margin Growth In The Past 20 Years – ZH
Big Questions on
Global Economy Hang Over Jackson Hole Gathering – BB
Fed
watchers on lookout for signals on rates, balance sheet * Emerging markets will
grab attention, but unlikely to sway Fed
Macro Digest: It's
not Turkey, it's the debt cycle – Saxo
Bank
Venezuela lops
five zeros off the bolívar – FT
Currency
devalued by 95 per cent and redenominated in effort to curb hyperinflation
REGULARS
EU Open Rundown – RANsquawk
FirstFT Daily
Briefing
– FT
Danske Daily – Danske
Bank
Daily Market
Comment
– Marc
Chandler
Greenback
Consolidates Pre-Weekend Pullback in Quiet Turnover
Brussels Playbook – Politico
Jean-Claude
and Arnie — Putin’s busy weekend — Trump world order
Five Things You
Need to Know to Start Your Day – BB
US Open – ZH
Chinese
Stocks Jump After Government Intervention, Sending Global Markets Higher
US Open Rundown – RANsquawk
Aamukatsaus – Nordea
Tällä viikolla saadaan Fedin ja EKP:n edellisten
kokousten pöytäkirjat, lisäksi perjantaina vuorossa vuosittainen Jackson Holen
konferenssi | Vaikuttaako Turkin tilanne euroalueen ostopäälliköindeksiin? | Ruotsin
asuntojen hinnat laskussa