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Thursday, March 14

14th Mar - Quiet #4045




EUROPE
ECB Near End of Road Seeks Government Backup to Support Economy – BB
Policy makers step up calls for supportive fiscal policies * Central bank added stimulus after growth momentum slowed

Euro slides against the dollar on ECB dovishness – Pictet

Europe must learn to love fiscal stimulus – FT
Most countries can support economic growth without jeopardising debt sustainability

May Wins U.K. Parliament’s Backing for Plan to Delay Brexit – BB
The motion delays Brexit to June 30 if a deal is approved by March 20, or a longer delay if there is no accord.

Eurozone industry rebounds in January – ING
The month-on-month increase of 1.4% for Eurozone industrial production was better than expected, but with worries about global demand very much alive the industrial outlook is clouded by uncertainty


OTHER
China's Slowdown Hits Employment Even as Recovery Signs Emerge – BB
Industrial output has weakest start to year since 2009 * Investment in real-estate rises to highest since 2014

There at the Beginning – Marc Chandler
The end of the first expansion since the Great Financial Crisis may be drawing close…There is a specter haunting us.  It is the specter of a new Cold War; a multifaceted and sustained conflict that stops shy of actual direct military engagement and shapes international relations.

Monthly Yield Outlook – Danske Bank
ECB to keep short and long yields low through 2019


REGULARS
Five Things to Start Your Day Asia – BB

Eco Day Asia – BB
Alice in Wonderland Economy, China Dump, Trump Tax Fail * Trump shows openness on Xi summit terms to ease China concerns * Finally some good news for the German economy as Rhine refills

Five Things to Start Your Day Europe – BB

EU Open Rundown – RANsquawk

FirstFT Daily Briefing – FT

Brussels Briefing – FT
Brussels suffers a bout of trade tantrums - EU’s credibility will be damaged unless it lives up to commitments it made with the US

Brussels Edition – BB

Brussels Playbook – Politico
Tajani insists he’s not a fascist — Theresa May, third time unlucky — EU hits the slopes

Danske Daily – Danske Bank
After the UK parliament in yesterday’s vote also rejected leaving the EU without a deal, the third and final vote today will show whether the House of Commons can instead converge to agree on asking for an extension of Art. 50.

Eco Day Europe – BB
Europe’s Policy Cocktail, China Soft Patch, BOJ Lessons * More calls for fiscal stimulus as Europe eyes downturn * Weak industrial output headlines bad data day for China

Daily Market Comment – Marc Chandler

Five Things to Start Your Day US – BB

US Open Rundown – RANsquawk

US Open – ZH
S&P Futures Slide, Global Rally Pauses As Trade Deal Optimism Fizzles

Eco Day US – BB
Trump-Xi Meeting Delay, Canada’s Punch Bowl, U.K. Pain * Central banks like Canada’s are finding it hard to get home * China’s slowdown hits employment even as recovery signs emerge


FINNISH
Aamukatsaus – Nordea
Viikon kolmas brexit-äänestys edessä: tänään äänestetään eron lykkääntymisestä | No-deal vaihtoehto hylättiin Britannian parlamentissa, punta vahvistui | Tänään julkaistaan Suomen inflaatioluvut helmikuulta