EUROPE
Strong
industrial production data confirms our view of a positive surprise in next
week's GDP data
More
than 10 years on from the financial crisis, regional labour markets across Europe
continue to feel the impact. Will the next decade be any different?
Renaissance
platform calls for empowering the European Parliament and attaching conditions
to EU funds.
Law
and Justice uses misgivings over single currency to appeal to Eurosceptic
voters
Italy Limbers Up
for Its Next Big Fight With Brussels – BB
The
European Commission’s deficit estimates paint an ugly picture. Another clash
between Rome and Brussels is inevitable.
OTHER
Shang-Jin Wei: The
Case for Climate Tariffs – Project
Syndicate
Because
the United States is the world’s biggest economy, most countries have to
accommodate America’s trade demands in some way. In a similar vein, a future US
government could use import tariffs, or the threat of them, to push other
countries to reduce their carbon dioxide emissions more sharply.
Exports
contracted 2.7% year-on-year in April while imports enjoyed a rise of 4.0% YoY.
These numbers reflect the negative outlook for smart devices and automobile
sales globally, and at the same show that China is importing more crude oil for
domestic use
China's
April credit data matched the smooth progress of trade talks last month. But as
the trade tension increases, we expect faster loan growth to return
The Dollar Dictates China’s Need for a Trade Deal – BB
The
country's exploding foreign debt means it has to keep hard currency coming in.
The U.S. and China Are Living in Different Universes – BB
After
all the talking, there’s still a huge gap in perceptions. That says as much about
the countries' leaders as it does about the state of diplomacy.
Mnuchin
said to be criticized in heated White House debate * Chinese delegation en
route for talks Thursday in Washington
China Threatens Retaliation as Trump Touts Chances of Deal – BB
President
says he’s been told China wants to make a deal * China warns it’ll retaliate
when U.S. hikes tariffs on Friday
American
consumers, Asian exporters and business investment are most vulnerable
REGULARS
China
Retaliation Risk, Fed Rate Review, Mahathir Fail * Indians are addicted to
cheap coal power and it’s killing them * After six leaders in 12 years,
Australia is set to end turmoil
Picking
the next European Commission president: Past episodes can offer some insights
See
you in Sibiu — Bratislava report card — Election mood music
Broken
Trade Talks, Rajan's BOE Job Odds, Norway Rates * Fed’s Brainad wants to hear
more about targeting yield curve * President Trump blames Beijing during
Florida campaign rally
Daily Market
Comment
– Marc
Chandler
De-Risking
as US-China Trade Talks Resume
Five Things to
Start Your Day US
– BB
US Open Rundown – RANsquawk
US Open – ZH
S&P
Futures Tumble, Chinese Stocks Plunge As Tariffs Loom
Eco Day US – BB
Fed’s
Human Basics, Trump Says Deal Broken, BOE Race * Clothing, shelter costs to
play key role in U.S. CPI data * Trump says China ‘broke’ deal as Liu heads to
Washington
FINNISH
Kauppasodan uhka kasvaa | Norjan keskuspankki kokoustaa
tänään | Saksan teollisuus osoitti sinnikkyyttä maaliskuussa
Vakausarvio – Suomen Pankki
Velat mitoitettava takaisinmaksukyvyn mukaan
Kommentteja erääseen eurovaaliohjelmaan – Peter
Nyberg