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Thursday, October 18

18th Oct - Markets break again


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EUROPE
Bumpy road ahead for Italian budget – Pictet

Rome rebuked by Brussels for breaking EU budget rules – FT
Yields on Italian 10-year bonds hit four-year highs as nervous investors renew sell-off


UNITED STATES
Editorial: Trump Is Right About China’s Postal Subsidy – BB
Chinese mailers get lower rates intended to help much poorer nations. A solution is long overdue.

US labour market going strong – Pictet


OTHER
P/E's are re-rating – Macro Man

The most dangerous setup – Kevin Muir
The US-China war will get worse, as both sides believe they have the upper hand


REGULARS
EU Open Rundown – RANsquawk

Brussels Edition Daily – BB

Brussels Briefing – FT

Eco Day Europe – BB
Brexit Bottleneck, No Currency Manipulators, Korea Hold

FirstFT Daily Briefing – FT

WSJ Daily Economics – WSJ
Expect the Fed to Keep Tightening | China’s Not Manipulating the Yuan | Canada Legalizes Pot

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler

Brussels Playbook – Politico
Brexit fatigue — Cool kids on the Grand Place — Poland unscrewed

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

Eco Day US – BB
Brexit Bottleneck, No Currency Manipulators, Korea Hold

US Open – ZH
Futures Drop After Asia Slides On Rate Hike, China Fears

US Open Rundown – RANsquawk

Aamukatsaus – Nordea
Ruotsista saadaan tietoa asuntojen hintakehityksestä syyskuussa | Fedin kokouksen pöytäkirja julkaistiin eilen, koronnostot jatkuvat | Brexit-neuvotteluiden edistymisestä ei saatu uusia merkkejä