EUROPE
The EU moves to
punish Hungary
– ING
Punishment
beckons for Hungary for allegedly breaching core European values. Economic
reaction has so far been muted, but reputational damage could hit investment
BANK OF ENGLAND
Bank
of England Keeps Rates Unchanged In Widely Expected Decision – ZH
Bank
of England review: Waiting for Brexit news – Nordea
BoE:
Steady course in stormy waters – ING
EUROPEAN CENTRAL BANK
Monetary
policy decisions – ECB
Introductory
statement to the press conference – ECB
ECB
staff macroeconomic projections – ECB
ECB
To Keep Rates Unchanged "Through Summer Of 2019", End QE By 2019 – ZH
Draghi
Sticks to Script – Marc
Chandler
Reinvestment
policy on the agenda in October and December – Nordea
The
ECB’s taper autopilot is still on – ING
Reduction
of monthly purchases forward guidance unchanged – ING
ECB
reaffirms plans to halt bond-buying programme – FT
OTHER
Lira Soars After
Massive Rate Hike Of 625bps To 24% - ZH
TRYing to restore
confidence
– Nordea
How Long Until The
S&P Doubles From Here And What Will Cause It To Do So? – ZH
TRADE WARS
U.S.
Asks China for New Round of Trade Talks Led by Mnuchin – BB
U.S.
Proposing New Round of Trade Talks With China – WSJ
China
open to US talks to defuse trade tensions – FT
Trade
Talks: Some cause for hope? – ING
Trump
Denies WSJ Report, Says "Under No Pressure To Make Deal With China" –
ZH
CRISIS 10 YEARS
Chief Economist's
Corner: 10 years after Lehman – Nordea
At
this time ten years ago the international financial crisis erupted when the
major US investment bank Lehman Brothers collapsed on 15 September. Today, the
world economy is again in great shape but the legacy of the crisis continues to
weigh.
Editorial: We
Never Learned From Lehman – BB
Ten
years after the bank’s collapse, the financial system remains too fragile.
El-Erian: Nine
Lessons From the Global Financial Crisis – BB
The
system is a lot safer, but some important changes have been put off until the
next meltdown.
The No. 1 Lesson
of the Lehman Collapse: QE Worked – BB
Doomsayers
predicted that the Fed’s bond-buying spree would wreck the U.S. economy.
Instead, it made the recovery possible.
Who Lost the Most
in the Financial Crisis? Ordinary Americans – BB
Wealth
transferred to banks and sophisticated investors.
Europe’s Bankers Are the Big Post-Lehman Losers – BB
While
local politicians and CEOs dithered, Wall Street cleaned up.
REGULARS
EU Open Rundown – RANsquawk
Brussels Edition
Daily
– BB
FirstFT Daily
Briefing
– FT
WSJ Daily
Economics
– WSJ
The
Trump Administration Reaches Out To China
Danske Daily – Danske
Bank
Amid
ECB and BoE meetings also keep an eye on Turkey
Daily Market
Comment
– Marc
Chandler
Vulnerable
To Disappointment
Brussels Playbook – Politico
Juncker’s
swan song — RIP internet? — Orbán defiant
Five Things You
Need to Know to Start Your Day – BB
US Open – ZH
Global
Stocks Rise Ahead Of Central Bank Barrage, Inflation Data
US Open Rundown – RANsquawk
Aamukatsaus – Nordea
EKP sekä Englannin ja Turkin keskuspankit kokoustavat
tänään | USA:sta saadaan inflaatiolukuja | Ruotsin ja Norjan kruunut
vahvistuivat euroa vastaan