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Thursday, May 25

25th May - Wilder swings



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EUROPE
The end of easy money: how and when to scale back – BB
Editorial: Macron's Work Has Barely Begun – BB


UNITED STATES
What Keeps Bank of America Up At Night – ZH
FOMC minutes: Fed outlines QT principles and expects to hike ‘soon’ – Danske Bank
FOMC minutes: Fed still on track for June hike – Nordea
Fed Not Ready To Change Course – Tim Duy


OTHER
What Is Causing China's Yield Curves To Invert: UBS Answers – ZH
Oil Tumbles After OPEC Ends With A Whimper; Agrees Only To Nine Month Extension – ZH
OPEC Extends Oil Cuts for Nine Months to End Global Glut – BB


REGULARS
FirstFT Daily BriefingFT
UK ‘halting intelligence-sharing’ with US, Brazil troops mobilise, China battles the undead

WSJ CityWSJ
Post-Brexit Unity May Not Hold, US Seeks Deutsche Details on Trump

Daily Market Comment Marc Chandler
Euro Strength more than Dollar Weakness

Brussels PlaybookPolitico
Trump at EU — Trump at NATO — Trump at G7

Five Things You Need to Know to Start Your DayBB

10 things you need to know before the opening bellBI

US OpenZH
Traders Spooked After Night Of Sharp, Violent Moves Across All Asset Classes

FrontrunningZH