1st Mar - Huge rally (hawkish Fed, Trump behaved)

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EUROPE

EU Court Says It Can’t Rule Over EU-Turkey Migrant Deal – WSJ

Austria plans to stop giving food and shelter to rejected asylum seekers – Politico

Euro Rates Watch – Is Spain set to become semi-core? – ABN AMRO

  WHITE PAPER
Commission outlines 5 scenarios for future of EU in white paper – Politico

Brexit’s shadow on white paper – Politico
What Juncker said, what he meant – Politico

France, Germany support Juncker’s white paper options – Politico

Leonid Bershidsky: Forcing the EU to Make the Biggest Decision – BB

  FRANCE

Fillon Reveals Facing Criminal Charges, Stays In Presidential Race – ZH

Fillon, under formal investigation, says won’t quit – Politico

Therese Raphael: France's Election Is Giving the World Déjà vu – BB

  NETHERLANDS
The globetrotter confined - the hardening of Geert Wilders – Reuters
Election preview, part 2 – Nordea

Election Update: Election manifestos and price tags – ABN AMRO

2017 general election – a complicated jigsaw – RBC

UNITED STATES
This Is Now the Third-Longest Economic Expansion in U.S. History – WSJ

Q1 GDP Estimates Tumble: GS, Atlanta Fed 1.8%, JPM 1.5%, BoA 1.3% - ZH

  FEDERAL RESERVE

Fed Watch – Next Fed rate hike now seen in March – ABN AMRO

Tim Duy: Timing of the Next Fed Rate Hike Is Now a Balancing Act – BB

Fed’s Brainard: "Rate Hike Likely Appropriate Soon", USDJPY surges – ZH

TRUMP SPEECH

Trump's Address To Congress: Key Highlights And Full Text – ZH

From Rebellion To Pouting Pelosi: "We Bleed The Same Blood" – ZH

Trump softens immigration stance, takes measured tone in speech – Reuters

Trump’s Softer Tone Masks Hard Road Ahead for Agenda in Congress – BB

Speech Revives Campaign Themes But Details Remain Scarce – BB

Factbox: Main themes of Trump's speech to Congress – Reuters

Trump Asks Congress to Unite Behind Health Care, Tax Overhauls – WSJ

Speech Leaves Executives Optimistic, Wanting More Details – WSJ

Wall Street Reacts: "Presidential, Low On Details" Address – ZH

Editorial: Scapegoater in Chief – BB

Mohamed El-Erian: Markets Need to Hear More Details From Trump – BB

Jonathan Bernstein: Trump Strikes a Better Tone. So What? – BB

Few details from Trump – Fed to hike already in March? – Nordea 

Trump’s fiscal stimulus package may well be delayed – Pictet

OTHER

March Preview: Beware the Ides – Marc Chandler

REGULARS

Morning Report APAC – TF

The US economy expanded by 1.6% for 2016 its worst performance since 2016 and the Dow snapped its record 12-day winning streak ahead of the president's address to Congress.

FirstFT – FT

Trump softens tone, Uber chief caught on camera, and the 85-page nightmare

WSJ City – WSJ

Trump Seeks Unity, Food Feels a Sterling Squeeze, Billion Dollar Bet on the Pound

Danske Daily – Danske Bank

Eye-Opener – Nordea

Hawkish Fed, conciliatory Trump, Chinese momentum * Plenty of manufacturing PMI data on the calendar * Fed March rate hike odds spike to around 80% * USD rallies on Fed repricing

Morning Markets – TF

In his first speech to Congress US president Donald Trump displayed a softer and more ¨'presidential' tone and thereby calmed some of his critics. But his address lacked details about his future tax policy.

From the Floor – TF

Market expectations of a US Federal Reserve interest-rate hike next month have jumped to around two-thirds probability, and further hawkish noise overnight from New York Fed president William Dudley bolstered that view. US president Donald Trump's speech on Tuesday to a joint session of Congress set a less combative tone, which was met with relief in markets, though the address was still thin on details of the new administration's tax plans.

Daily Market Comment – Marc Chandler

Greenback Bounces, More Fed than Trump

Brussels Playbook – Politico

Five Things You Need to Know to Start Your Day – BB

10 things you need to know before the opening bell – BI

US Open – ZH

Global Stocks, US Futures Surge, Bonds Tumble On "Presidential" Trump Speech, Hawkish Fed Speakers

Frontrunning – ZH

FX Update – TF

The USD jumped higher as the New York Fed’s Dudley waxed hawkish on the need for hiking rates thus drastically raising March Fed rate hike odds. Trump’s speech was short on specifics but sounded supportive of some kind of border tax perhaps adding fuel to the USD rally.

FINNISH

Aamukatsaus – Nordea

Fedin korko-odotuksilla vain yksi suunta * Fed funds –futuurien indikoima maaliskuun koronnoston todennäköisyys pomppasi 80 prosenttiin * Ranskan helmikuun inflaatio alitti odotukset * USA:sta odotetaan vahvoja teollisuuden luottamuslukuja

Jan Hurri: Liittovaltio tai ero – tätä EU ei uskalla sinulta kysyä – IS

Suomalaisten selkeä enemmistö kannattaa EU:n talous- ja rahaliittoa ja euroa, koska ei ehkä ymmärrä – eikä ainakaan kannata – seurauksia