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Tuesday, February 5

5th Feb - Still bullish #4013


EUROPE
Vanishing Act: The Eurogroup’s AccountabilityTransparency
Our conclusion then is that the Eurogroup continues to evade proper accountability.
Italy’s deficit set to jump putting pressure on spreads

Leonid Bershidsky: Russia’s Economic Growth Looks Too Good to Be TrueBB
Under a new top statistician, recent data have been much more optimistic. That doesn’t make them correct.

Russia: Positive past, cloudy futureING
The acceleration of GDP growth from 1.6% in 2017 to 2.3% in 2018 is a positive surprise, but its concentration in the oil and gas sector and persistent weakness in investment growth - even after upward revisions - suggest we shouldn't get too excited about 2019


REGULARS
Eco Day AsiaBB
Yen Surge in Offing, Uncertainty Soars, Fed Rate Regret * Australia could shift policy stance to neutral at rate meeting * Italy’s citizens income has arrived, and business isn’t happy

EU Open RundownRANsquawk

FirstFT Daily BriefingFT

Brussels BriefingFT
Cosmetic changes won’t fix the euro’s democratic failings * Critics see the eurogroup as a closed-door cabal with the power to make or break economies

Brussels EditionBB

Brussels PlaybookPolitico
Black Monday — Another messy day in Brexit — Trolling Romania

Danske DailyDanske Bank
Trump and Powell meet in the White House

Eco Day EuropeBB
Italy Income Plan, U.K. Confidence, Trump-Powell Meet * Brexit is holding back investment, U.K. minister says * Eastern European central banks will keep rates unchanged

Daily Market Comment Marc Chandler
Greenback Remains Firm

Five Things to Start Your Day USBB

US Open RundownRANsquawk

US OpenZH
Global Stocks Hit 2 Month High On Muted Levitation, Iron Ore Soars

Eco Day US – BB
Powell and Trump, World Bank Head, U.K. Services Shock * Fed chair met with U.S. president to discuss economic outlook * U.K. growth comes to near-halt on services as Brexit looms


FINNISH
Aamukatsaus: Lisää hiipumisen merkkejä EuroopastaNordea
Tänään saadaan palvelusektorin ostopäällikköindeksejä useista Euroopan maista | Myös USA:n palveluiden ISM-indeksi on julkaisuvuorossa | Euroalueen sijoittajien luottamus laski alimmilleen sitten loppuvuoden 2014