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Friday, September 21

21st Sep - Still reflationary


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EUROPE
Business indicators present a contrasting picture of the euro area – Pictet
Euro area flash composite PMI dipped slightly to in September and came in slightly below consensus expectations.
  
Disillusion mounts in Europe’s housing market – ING
Most Europeans expect house prices to increase further over the next twelve months, reducing affordability and leaving many young people feeling shut out of the market. And the situation is expected to get even worse

Germany Would Favor Deutsche Bank Merger With Commerzbank – BB
Arguments for domestic tie-up gaining in Merkel’s government * European merger said to be held up by lack of EU banking union


OTHER
Danske money laundering details are shocking but sadly familiar – FT
Scandal’s revelations and censuring of Credit Suisse show there is a global problem


REGULARS
EU Open Rundown – RANsquawk

Brussels Edition Daily – BB

FirstFT Daily Briefing – FT

WSJ Daily Economics – WSJ
U.S. Stocks Hit Fresh High and Jobless Claims a Fresh Low

Danske Daily – Danske Bank
Japan's PMI rise - we expect Euro Area to follow suit

Daily Market Comment – Marc Chandler
The Mixed Performance Makes it Difficult to Talk about The Dollar

Brussels Playbook – Politico
Migration climbdown — Real Salzburg drama — Battle for Brussels

Five Things You Need to Know to Start Your Day – BB

US Open – ZH
Euphoria Grips Markets As Traders Brace For Quad Witching, Huge Index Rebalance

US Open Rundown – RANsquawk

Aamukatsaus – Nordea
USA:ssa osakeindeksit päätyivät ennätyslukemiinsa | Norjan keskuspankki nosti odotetusti korkoa, mutta yllätti markkinat laskemalla korkopolkuaan | Euroalueelta saadaan tänään alustavat ostopäällikköindeksit