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Thursday, June 1

1st Jun - New ATH, EZ federalism, US exits Paris Accord





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EUROPE 
Weidmann Says ECB Is Starting to Debate Changing Guidance – BB 

  FUTURE OF EURO AREA
Europe’s Political Spring: Fixing the Eurozone and Beyond – voxeu
New eBook: Europe’s Political Spring: Fixing the Eurozone and Beyond – voxeu
European Commission's proposal for integration better than the alternative – BB
George Soros: Standing Up for Europe – Project Syndicate
'Dysfunctional' EU has plunged into existential crisis, Soros warns – The Telegraph


UNITED STATES
Trump to Withdraw U.S. From Climate Accord to Seek Better Deal – BB
Trump says U.S. to withdraw from Paris climate accord – Reuters
Despite Paris Accord Exit, Companies Expect Little Change – WSJ

DATA
Brainard, Powell, Employment Report Ahead – Tim Duy
5 Things to Watch in the May Jobs Report – WSJ


Private Sector Employment Increased by 253,000 Jobs in May – ADP
ADP Employment Surges Despite Biggest Job Cuts Spike In 2 Years – ZH
U.S. factory activity ticks up; private payrolls surge – Reuters
US Manufacturing PMI Drops To 8-Month Lows In May – ZH


OTHER
Bilderberg Agenda: "The Trump Administration - A Progress Report" – ZH


REGULARS
Morning Report APACTF
Asian markets were largely flat at the start after US stocks closed slightly lower and traders await China's Caixin PMI data.|

FirstFT Daily BriefingFT
Paris climate pact, May’s no-show and JPMorgan trial

Danske DailyDanske Bank

Eye-OpenerNordea
China PMI below 50; weaker USD; lower oil inventories * Lower Norwegian inflation target?

Morning MarketsTF
A new data release shows Japanese capital spending grew by 4.5% in the first three months of 2017 a print that together with strong profit readings and manufacturing growth sent stocks surging higher with the Nikkei 225 gaining 1.07% in Wednesday's session.|

From the Floor TF
Another disappointing Chinese PMI release sets a rather careful tone for the outlook of the world economy. In Europe, however, expansion continues apace leaving ECB policy looking increasingly out of place.

Daily Market CommentMarc Chandler
Greenback Steadies at Lower Levels, Sterling Struggles

Brussels PlaybookPolitico
Trump trumped on climate — EU-China summit — Why UK pollsters can’t agree

Five Things You Need to Know to Start Your DayBB

10 things you need to know before the opening bellBI

US OpenZH
Global Stocks Rise As Oil Rebounds; Yuan Soars

FrontrunningZH

 
FINNISH
AamukatsausNordea
Takamatkalta lentoon? Suomen ensimmäisen neljänneksen BKT-luvut julkaistaan tänään * Euroalueen inflaatio hidastui odotetusti toukokuussa * USA:n teollisuuden luottamus (ISM) julkaistaan tänään

Heikki Koskenkylä arvioi liittovaltiohaukka Guy Verhofstadtin esitystä: olisiko Euroopan Yhdysvallat ratkaisu EU:n ongelmiin? Suomen Uutiset