EUROPE
EU Expresses
Horror at Brexit Vote, Refuses to Reopen Deal – BB
European
Commission’s Juncker tells May: ‘Time is almost up’ * Macron: EU won’t help fix
U.K.’s ‘internal political problem’
Brexit Monitor:
The waiting game –
Danske
Bank
As
widely expected, PM Theresa May's Brexit deal failed in the House of Commons.
The defeat, however, was bigger than expected, 432 against versus 202 in
favour.
What’s next for
Brexit and the pound as UK lawmakers reject deal – ING
Theresa
May’s government faces a battle for survival on Wednesday, although all signs
point a no-confidence vote failing to gain enough support amongst MPs. That
would switch focus back to the deal, and whether Theresa May will be forced to
seek cross-party support for a new direction. One way or another, the pound
faces a bumpy ride over coming weeks
Theresa May hints
at delay to UK’s exit from Europe – FT
British
prime minister fails to rule out extension to Article 50 divorce process
Outlook for euro
periphery bonds
– Pictet
Economic
fundamentals should come back into focus, but politics still a factor.
UNITED STATES
US government
shutdown: Feeling the strains – ING
The
longest ever government shutdown is causing financial strain for the 800,000
workers directly affected and is creating headwinds for the broader US economy.
This only heightens the likelihood of a 1Q pause from the Federal Reserve
OTHER
Monthly Yield
Outlook: Even more blurred outlook for global yields – Danske
Bank
We
hold to the view that 10Y bund and Treasury yields will slowly climb higher
during 2019, but mainly on a six- to 12-month horizon as central bank
expectations in the market change.
Why Trump’s
America is rethinking engagement with China – FT
The
more aggressive US approach is part of a strategic shift that goes well beyond
the trade war
REGULARS
EU Open Rundown – RANsquawk
FirstFT Daily
Briefing –
FT
Brussels Briefing
–
FT
The
meaning of the vote: Theresa May needs to convince EU leaders that she has
authority and a realistic proposal to win a majority
Brussels Edition – BB
Brussels Playbook – Politico
Theresa
May makes history — Day 1 of a no-deal Brexit — America’s Democrats to EU
rescue
Danske Daily – Danske
Bank
No
Brexit clarity but dovish central banks support markets
Eco Day Europe – BB
May's Defeat Means BOE Delay, Weidmann's New Contract
Daily Market
Comment –
Marc Chandler
Markets
are Eerily Calm
Five Things You
Need to Know to Start Your Day – BB
US Open Rundown – RANsquawk
US Open – ZH
Global
Stocks Rise, Pound Mixed Ahead Of May Confidence Vote After Record Liquidity
Injection By China
Eco Day US – BB
U.S.
Home Sales, Fed Beige Book, Brexit Fallout for BOE * Germany looks to homegrown
support to navigate turbulent times *Turkey extends rate pause as currency
laggard stalks economy
FINNISH
Aamukatsaus – Nordea
Mayn Brexit-sopimus hylättiin murskalukemin
Iso-Britannian parlamentissa | Saksan BKT:n kasvuvauhti hiipui vuositasolla |
Tänään saadaan Britannian inflaatioluvut joulukuulta, lisäksi Turkin
keskuspankki kokoustaa