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Friday, January 27

27th Jan - Quiet




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EUROPE
Refugee crisis cost Germany over €20 billion in 2016 – Politico
Editorial: Europe Needs New Rules for a New Labor Market – BB
Euro-area inflation preview: Hold your horses – Nordea


UNITED STATES
FOMC Preview: Still waiting for news on 'Trumponomics' – Danske Bank

  TRUMP
View: The Least Popular President – BB
Editorial: Trump's Wall: A Wasteful, Foolish Boondoggle – BB
Grantham's GMO Asks: "What If Trump Succeeds?" – ZH

  DATA
Fourth-Quarter U.S. GDP – At A Glance – WSJ
U.S. Growth Cools on Trade Drag as Business Spending Rises – BB
Q4 GDP Misses Big As Exports Tumble: +1.6% In 2016 – ZH
US GDP Misses, but Final Domestic Sales Accelerate – Marc Chandler
BEA: Real GDP increased at 1.9% Annualized Rate in Q4 – Bill McBride
Q4 GDP: Investment – Bill McBride
US growth back to normal - Q4 GDP review – Nordea
Economists: ‘Be Wary of Reading Too Much Into the Slowdown’ – WSJ
Consumer Sentiment in U.S. Increased in January to 13-Year High – BB
Consumer Confidence Is The Highest In 13 Years – ZH


OTHER
As Bond Bear Market Beckons, Veterans Tell Tales of the Unknown BB
"When Will It End?" BofAML's 10-Point ChecklistZH
Earnings: This Is What GOOGL, MSFT, INTC And SBUX Reported – ZH
Putin, Trump to speak Saturday: Kremlin – Politico
Putin, Trump To Talk By Phone On Saturday – ZH
View: "Reform" Isn't the Answer for Everything – BB


REGULARS
Morning Report APACTF
Crude oil prices rose have headed higher on hopes that Opec will be successful in curbing production. Meanwhile the Dow Jones extended its rally lifting sentiment in some Asian markets. And the ASX is trading again today following the Australia Day holiday on Thursday.

FirstFTFT
May’s face-to-face with Trump, US President puts larger trade talks with EU on ice

WSJ CityWSJ

Danske DailyDanske Bank

Eye-OpenerNordea
Trump, Greece, US GDP * All eyes on US GDP numbers * Italian BTPs under pressure *CHF stronger on corporate purchase announcement

Morning MarketsTF
UK prime minister Theresa May enters the lion's den Friday and the world's leaders will watch with fascination to see what kind of reception she gets from US president Donald Trump. It may set the template for how he sets about all his bilateral relations.

From the FloorTF
A traumatised Mexican peso has succumbed to the latest war of words between president Donald Trump and his counterpart Pena Nieto. With UK prime minister Theresa May walking through the White House door today, has Trump set the tone for the US' bilateral relations?

Euro wrap-upDaiwa

Daily Market CommentMarc Chandler
Week Ending on Mixed Note as Year of Rooster Begins

Daily Press SummaryOpen Europe

Brussels PlaybookPolitico

10 things you need to know before the opening bellBI

US OpenZH
Dollar Rebound Continues, Europe Stocks Pressured By Banks As Much Of Asia Goes On Holiday

FrontrunningZH

FX UpdateTF
The USD found a solid bid yesterday as the prior weakening move ran out of steam and ahead of a key week for the greenback with all the usual first-week-of-the-month US economic data and an FOMC meeting mid-week.

The Daily ProphetsBB
Of Stocks, Profits and Yellen's Credibility


FINNISH
AamukatsausNordea
USA:n talouskasvu kulkee omia teitään * Tänään julkaistaan euroalueen luotonannon kasvuluvut joulukuulta * Peso heikkeni Trumpin ja Meksikon presidentin twiittailujen jäljiltä * Ison-Britannian BKT-kasvu jatkui vakaana vuoden 2016 lopulla

Totuuden jälkeinen aika – Sampo Terho