EUROPE
Editorial: Europe
Should Help the U.K. to Cancel Brexit – BB
The
European Union could clear the way for a second Brexit vote.
Germany: Cold
summer shower
– ING
Disappointing
new orders data show tentative signs of trade tensions hitting the German
economy, which doesn't bode well for the industrial outlook in the second half
of the year
Friendship no
more: how Russian gas is a problem for Germany – Reuters
EuroTragedy: A
Drama in Nine Acts, by Ashoka Mody – FT
The
book demonstrates a good eye for what is economically important
Refugees Fleeing
to Spain Surpass Italy and Greece – Marc
Chandler
UNITED STATES
Kenneth Rogoff: Trump’s
Policies Hurting Long-Term US Growth? – Project
Syndicate
When
it comes to economic performance, US presidents have considerably more
influence over long-term trends than over short-term fluctuations. And it is by
this standard that Donald Trump's administration should be judged.
OTHER
China Meets
Trump’s Tariff Hardball With Pledge to Endure – BB
State
media says country’s people can ‘endure hardships’ * China released details of
proposed tariffs late Friday
US playing with
fire over China trade
– ING
Washington’s
policy of seemingly encouraging capital outflows from China is a dangerous one.
The risk is that the underperformance of Chinese and Asian equities spreads
across the Pacific
China steps up
retaliation and prevents capital outflows – ING
China
retaliates with the US raising tariffs from 10% to 25% on $200 billion of
goods. At the same time, the central bank imposes 20% reserves on short yuan
derivatives to prevent capital outflows from the escalating trade war
China Launches
Personal Attack At "Arrogant, Deceitful" Trump: "We Are Prepared
To Fight To The End" – ZH
REGULARS
EU Open Rundown – RANsquawk
FirstFT Daily
Briefing
– FT
WSJ Economics – WSJ
U.S.
Companies Look for Higher Prices to Offset Rising Costs
Danske Daily – Danske
Bank
Daily Market
Comment
– Marc
Chandler
Sterling's
Drop Paces Dollar Gains
Brussels Playbook – Politico
Why
does Europe love the Iran deal? — Germans in glass houses — Dead sea
Five Things You
Need to Know to Start Your Day – BB
US Open – ZH
Futures
Rebound As Chinese Stocks Tumble, Yuan Resumes Slide, Cable Crashes
US Open Rundown – RANsquawk
Aamukatsaus – Nordea
Tällä viikolla luvassa useita inflaatiojulkistuksia
loppuviikkoon painottuen | Britanniasta saadaan perjantaina toisen vuosineljänneksen
BKT-luvut | Italian budjettineuvottelut sekä USA:n ja Kiinan kauppasota
heiluttivat korkoja