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Tuesday, June 25

25th Jun - Quiet #4121


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EUROPE
Luis de Guindos: Euro area banks: the profitability challenge – ECB


OTHER
Asia Watch – Trade conflict hits Asian supply chains – ABN AMRO
US-China trade conflict is hitting supply chains, pushing down Asian trade, with growth of Chinese imports from and exports to US having collapsed.  We have cut our regional economic growth forecasts for 2019 and 2020, although monetary/fiscal easing will help keep regional slowdown gradual. Downside risks stem from US-China tensions and other geopolitical factors, while an improvement in US-China relations would pose ‘upside risks. Upcoming G20 meeting Trump-Xi important litmus test in that respect


REGULARS
Five Things to Start Your Day Asia – BB

Eco Day Asia – BB
Hold Huawei Hard Line, Fed Cut Warning, Ultra-Rich Tax * Terms of Trade: Who Meets Xi-Common Sense Trump or Tariff Man? * Tom Orlik shows how Trump tariffs deadened and diverted trade

Five Things to Start Your Day Europe – BB

EU Open Rundown – RANsquawk

FirstFT Daily Briefing – FT

Brussels Briefing – FT
EU urged to get creative in power politics: scholars urge Brussels to redefine ‘economic sovereignty’ in the face of harsh new global realities

Brussels Edition – BB

Brussels Playbook – Politico
Democracy now! — Council roll call — Parliament stirs

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler
Heightened Political Risks Weigh on Sentiment

Five Things to Start Your Day US – BB

US Open Rundown – RANsquawk

US Open – ZH
Global Stocks, S&P Futures Hit By Iran Tensions, G20 Fears


FINNISH
Aamukatsaus – Nordea
Dollari ja korot laskevat Fedin koronlaskuodotusten pitäessä pintansa, eurotaala nousussa | Tänään luvassa melko hiljainen päivä, markkinat odottavat viikonlopun G20-kokousta | Suomen työllisyysasteen trendi 72,6 prosentissa toukokuussa