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EUROPE
Mark Whitehouse: Europe
Is Too Exposed to Italy to Let It Go – BB
French
and German banks have more than $400 billion at stake and would lose big if the
country left the currency union.
GERMANY
Merkel to Quit as
Party Chief as Her Chancellorship Wobbles – BB
German
leader suggests field of CDU contenders is wide open * Seeks to steer growing
speculation about end of Merkel era
Germany’s Merkel
steps down as CDU leader – FT
Chancellor
says she will also leave politics after current term ends in 2021
Merkel’s role as
EU power-broker hit by trouble at home – FT
German
chancellor’s retreat as party chief will complicate European decision-making
Leonid Bershidsky: Merkel’s Likely Successor: Nobody in Particular – BB
The
German leader leaves behind a fractured political landscape.
Your Questions
Answered on Merkel’s Shock Decision Not to Run Again – BB
As Merkel Heads
for the Exit, Here’s Who’s Lining Up to Replace Her – BB
The
race is on to succeed Germany’s chancellor as she prepares to leave the
political stage
Germany: Political
fragmentation continues – ING
Two
weeks after the Bavarian elections, voters in the state of Hesse confirmed the
ongoing process of political fragmentation and a transition to a post-Merkel
era - making German national politics even more complicated
Merkel's CDU
Suffers Crushing Losses; Worst Result For SPD In 130 Years – ZH
UNITED STATES
US election
monitor no. 4
– Danske
Bank
Trump
proposes new tax cuts but unlikely to change momentum so close to Election Day
Forecasting
the Next Recession: The Yield Curve Doesn’t Lie – Guggenheim
Our Recession Probability Model and Recession
Dashboard continue to suggest a recession is likely to begin in early 2020.
Investors ignore the yield curve’s signal at their peril.
Stocks,
Yuan Tumble On Report US To Announce Tariffs On All China Imports If Trump-Xi
Meeting Fails - ZH
OTHER
El-Erian: Central
Banks No Longer Cushion Economies and Markets – BB
Get
ready for greater instability as monetary policy in the U.S. and Europe moves
away from the business of suppressing volatility.
Goldman
Sees Just One Hope Left For A Bounce In Stocks - ZH
REGULARS
EU
Open Rundown
– RANsquawk
Brussels
Edition Daily
– BB
A Fragile Coalition
Brussels
Briefing
– FT
Both Merkel’s CDU and the SPD have
suffered a dramatic collapse in support
Eco
Day Europe
– BB
Italian Discussions, U.K. Budget, Slowdown
in China
FirstFT
Daily Briefing
– FT
WSJ Daily Economics – WSJ
Danske
Daily
– Danske
Bank
Another poor result for Merkel's
government
Daily
Market Comment
– Marc
Chandler
Brussels
Playbook
– Politico
Merkel clings on — Stubb in Weberland —
Brazil veers hard right
Five
Things You Need to Know to Start Your Day – BB
Eco
Day US
– BB
Record Treasury Sales, U.K. Budget,
China's Growth Pain
US
Open –
ZH
US Futures, European Markets Jump Despite
Another Chinese Rout
US
Open Rundown
– RANsquawk
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