Google Analytics

Tuesday, May 16

16th May - Euro strenghtens





Follow ‘MoreLiver’ on Twitter


EUROPE
President Macron's biggest challenge is to make the nation dynamic again – BB
Merkel and Macron promise to strengthen EU – FT
Merkel and Macron Inch Toward a Common Budget – BB
JPMorgan: It's Time To Start Shorting Europe Again – ZH
Markozy, Merde, and now Meron – Marc Chandler


OTHER
Volatility below long-term mean in nearly all assets, JPM warns ‘too low’ – BB


REGULARS
Morning Report APACTF
Asian markets were in the green at the start of trading following a 2% rise in the oil price.
The bounce followed news Saudi Arabia and Russia had agreed to extend output cuts through March 2018.

FirstFTFT
Hackers prime second classified US cyber weapon and China seeks to ease concerns

WSJ CityWSJ
Fears of a New Era in Cyberattacks, Trump Shared Intelligence Secrets With Russians

Danske DailyDanske Bank

Eye-OpenerNordea
Political risks increasing in the US, while easing in Europe * Focus on Sweden and Norway today * Yields higher as French 30-year announced – with more long dated expected * EUR/USD a whisker away from 1.1 as US political risks rise

Morning MarketsTF
Sentiment in Asian stock markets got an early lift on Tuesday from a higher Wall Street close, a softer yen and firmer oil prices, but the Asian rally faltered and part of the gains were erased later in the day. Oil's rally extended into Tuesday, with Brent crude hitting $52/barrel.

From the FloorTF
Global investors are showing 'massive interest' in European stocks, says Saxo Bank head of equity strategy Peter Garnry, and all signs point to continued bullish developments.

Daily Market Comment Marc Chandler
Greenback and Dollar Bloc Lose Ground to Europe and Yen

Brussels PlaybookPolitico

Five Things You Need to Know to Start Your DayBB

10 things you need to know before the opening bellBI

US Open ZH
Euro Surges As Trump Fears Slam Dollar; Futures Poised For New Records

FrontrunningZH

FX Update TF
US President Donald Trump is proceeding with his bull-in-a-china-shop act and keeping the US dollar under pressure as we await US housing data today. Elsewhere, the resurgent euro is pressing higher across the board and oddly so in an environment of strong carry trade tailwinds and surging EM currencies.

FINNISH
AamukatsausNordea
Suomessa odotettua vahvempaa kasvua * Emme odota yllätyksiä euroalueen BKT-lukuihin * Öljy jatkoi nousuaan * Ruotsin uudet rahapoliittiset tavoitteet * Euro hienoisessa myötätuulessa