EUROPE
The
Eurozone’s Real Weakness – Project
Syndicate
A new eurozone crisis would most likely
have a less uneven effect than in 2008 or 2011, not least because its largest
economies are currently weak. But if a recession hits, policymakers will find
it hard to mount an effective response.
It’s time for the
ECB to use its monetary power – Eric Lonergan
ECB to move to
tiered deposit rate system? – ABN
AMRO
ECB: Never a dull
moment
– ING
The
latest comments from members of the European Central Bank have suddenly given
rise to rate cut fantasies. Don’t get carried away
The ECB Is
Struggling With Three Big Questions – BB
Peter
Praet’s comment on tiering interest rates is just one example of where the ECB
can’t make its mind up. The others are the outlook and inflation.
OTHER
China shifts
position on tech transfers, trade talks progress – Reuters
China
has made proposals in talks with the United States on a range of issues that go
further than it has before, including on forced technology transfer, as the two
sides work to overcome obstacles to a deal to end their protracted trade war.
REGULARS
Five Things to
Start Your Day Asia
– BB
Eco Day Asia – BB
Creeping
Recession Risk, China Recovery, Draghi Softens * Britain’s no-deal flotilla
gets ready to sail two weeks early * Three months later, a central banker
reflects on a flash crash
Five Things to
Start Your Day Europe
– BB
EU Open Rundown – RANsquawk
FirstFT Daily
Briefing
– FT
Brussels Briefing – FT
Macron’s
lofty eurozone budget gets downgraded - The tool’s eventual firepower could be
capped to as little as €22bn spread over seven years
Brussels Edition – BB
Soft
patch or slump?`
Brussels Playbook – Politico
May
offers to quit — EU don’t always get what you want — A green turn
Danske Daily – Danske
Bank
Potential
ECB tiering system opens for a rate cut
Eco Day Europe – BB
U.S.
Yield Curve, China’s Recovery, ECB’s Negative Rate
Daily Market
Comment
– Marc
Chandler
Brexit
Uncertainty Deepens as Parliament is Divided, while Turkey's Short Squeeze
Falters
Five Things to
Start Your Day US
– BB
US Open Rundown – RANsquawk
US Open – ZH
Stocks
Slide As Rate Drop Continues, Dollar Spikes
Eco Day US – BB
Terrible
Forecasting, Trade Talks, Fed Gauges to Watch * U.S. trade team back in Beijing
as China sees much left to do * Elusive economic growth points to depth of
Brazil’s problems
FINNISH
Aamukatsaus – Aamukatsaus
Brittiparlamentin äänestyksistä ei saatu suuntaa
brexitille | Tänään julkaisuvuorossa ovat Saksan inflaatioluvut ja Ruotsin
vähittäismyyntiluvut | Draghin mukaan EKP on valmis lisäämään toimia, jos
talouden olosuhteet sitä vaativat