30th Dec - OPEC boosts oil, JPY weak

Follow ‘MoreLiver’ on Twitter

EUROPE

Gauging Europe’s political risks – Blackrock

Europe Warned It’s on Edge of Abyss Unless Brexit Lessons Heeded – BB
Social democratic leaders warn of existential risk for EU * Germany’s Gabriel says Europe’s main policies are failing

BOE: UK is Europe’s investment banker, stability risks elevated – BB

  FRANCE

France: Can Fillon Beat Le Pen? – Project Syndicate

Fillon maintains momentum as poll shows him crushing Le Pen – Politico
Fillon’s nomination was the worst case scenario for Le Pen – Europp

  AUSTRIA

Austrian Presidential Election is Important – Marc Chandler

What would a far-right president mean for Austria? – FT

  ITALY
Italy’s Turn to Keep Traders Awake – BB
Italy referendum ramifications – ABN AMRO

  EUROPEAN CENTRAL BANK
Mario Draghi: Populism could unravel project Europe – Politico

Speech  Mario Draghi: The productivity challenge for Europe – ECB

Survey on the Access to Finance of Enterprises in the Euro Area – ECB

Inflation up just a little bit, core rate stable – Nordea

UNITED STATES

Noah Smith: Give Trump's Infrastructure Plans a Chance – View / BB

  TRUMP
Wall Street Reacts To Steve Mnuchin Choice For Treasury Secretary – ZH
Trump plans ‘largest tax change’ since Reagan, says Mnuchin – FT

 Donald Trump pledges to leave his business empire – FT

 MACRO DATA

ADP Employment Report Jumps Most In 5 Months After Trump Win – ZH

ADP: Private Employment increased 216,000 in November – Bill McBride

U.S. private employers boost hiring; consumer spending rises – Reuters

U.S. Consumer-Spending Gain Moderates as Incomes Increase – BB

Personal income, consumption, price indexes – Daiwa

Jobs preview: not a key determinant for December hike – Danske Bank

U.S. growth to slow in H1 2017 before rising again in H2 – Pictet

OTHER

The great December central bank countdown – TF

After an event-rich November, December is also scheduled to be full of drama for investors. On top of a full suite of central bank meetings, European political tensions will be high as Italy and Austria head to the polls.

Long-term dollar appreciation reaching maturity – Pictet

El-Erian: The Messages Markets Sent Politicians in November – View / BB

Is Globalization Dead? A Different View of the Data Says No – WSJ

  OPEC MEETING
Oil jumps 5 percent on prospects for OPEC output cut – Reuters
OPEC Ministers Say a Deal Is Close as Meeting on Oil Cuts Begins – BB

OPEC Agrees To "Contingent" Deal – ZH

OPEC agrees first output cut since 2008, Saudis to take 'big hit' – Reuters

OPEC Agrees to Cut Production in Drive to End Record Glut – BB

U.S. shale greater threat to OPEC after oil price war – Reuters

Oil surges as Opec agrees first supply cut in 8 years – FT

Deal more important for OPEC's reputation than the oil market – Danske Bank

The OPEC Deal – At A Glance – WSJ

REGULARS

Danske Daily – Danske Bank

Eye-Opener – Nordea

Markets cautious ahead of OPEC meeting * Today OPEC meeting and Euro-area inflation * Rates taper as stocks look fragile * USD shaky and ready to correct on first data miss

Morning Markets – TF

Oil prices rose on Wednesday in a nervous market ahead of a landmark Opec meeting in Vienna where the members are expected to try to forge a production cut to boost prices. Asian bourses were mixed with Chinese shares falling Japanese stocks flat and Korean and Hong Kong shares ending firmer.

Euro wrap-up – Daiwa

Daily Market Comment – Marc Chandler

Renewed OPEC Hopes and Month End Featured

Daily Market Comment – Macro Man

A spectre of short covering

Daily Press Summary – Open Europe

Brussels Playbook – Politico

US Open – ZH

Global Stocks, US Futures And Yields, Rise As Oil Soars On OPEC Deal Optimism

Frontrunning – ZH