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Thursday, August 9

9th Aug - Sanctions on Russia, US-China trade war


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EUROPE
ECB Economic BulletinECB

  RUSSIA
Russia Blasts New U.S. Sanctions Plan as Ruble, Stocks SlideBB
U.S. announced new restrictions over U.K. nerve-agent attack * Congress considering “crushing” new curbs to punish Kremlin

Aeroflot Shares Plunge as U.S. Sanctions Raise Flight-Ban RiskBB
Russia’s state-run carrier falls as much as 12% in Moscow * Analyst warns of possible tit-for-tat response from U.S.

Russia Condemns New "Draconian" Sanctions, Weighs Banning Rocket Engines To USZH


UNITED STATES
Steven Mnuchin Is Still Standing BB
Trump’s Treasury secretary has pushed tax cuts and sanctions and has learned to keep his head down in the trade war.


OTHER
What Now for Saudi Arabia's Planned $2 Trillion Fund?BB

  CHINA TRADE WAR
Handling of U.S. trade dispute causes rift in Chinese leadership: sources
Reuters

The Debate That Evenly Divides Economists: Is This a ‘Trade War?’WSJ

The Yin and Yang of the US-China Relationship Marc Chandler

The Trump Administration’s Dead End on TradeProject Syndicate
The Trump administration has initiated a trade dispute with China with the stated goal of reducing America's bilateral deficit. But given the strengthening dollar and expansionary US fiscal policies, the US trade balance will almost certainly worsen for the foreseeable future.

Noah Smith: Trump Is Right: China Should Stop Stealing the U.S.'s Best IdeasBB
The theft or forced transfer of technology and intellectual property should be a no-no.

Pocket’s 30 Million Users Are Great for PublishersBB
Mozilla’s focus on leisurely reads is aimed at publishers burned by Facebook. It’s paying off: Traffic is already up 75 percent this year.


REGULARS
EU Open RundownRANsquawk

FirstFT Daily BriefingFT

WSJ EconomicsWSJ
China’s Getting Ready for a Long, Bruising Trade Fight

Danske DailyDanske Bank

Daily Market CommentMarc Chandler
Sterling Remains Under Pressure, while the Greenback Firms Broadly

Brussels PlaybookPolitico
What it means to be German — Trade is on (or is it?) — Bad look for Macron

Five Things You Need to Know to Start Your DayBB

US OpenZH
Futures Flat As China Charges Higher; Ruble, Lira, Kiwi Collapse

US Open RundownRANsquawk

AamukatsausNordea
Rupla heikentyi USA:n uusien sanktioiden myötä, punta Brexit-riskin myötä | Tänään julkaistaan Suomen kesäkuun ulkomaankaupan alustavat tilastot | Uuden-Seelannin keskuspankki lykkäsi seuraavaa koronnostoaan kauemmas yllätysliikkeessä