EUROPE
Draghi returns to
Jackson Hole with a dovish message – Danske
Bank
UNITED STATES
Fed's Yellen to Headline
Annual Jackson Hole Policy Conference – BB
Trump fires adviser
Bannon – Reuters
Bannon Ousted From White
House Role as Trump Chief Strategist – BB
Trump Shrinks the White
House – BB
OTHER
What Markets Really Fear
Is Finally Revealed – BB
BofA: "This Is The
Key Risk-Off Signal" Ahead Of This Autumn's "Big Fall" – ZH
REGULARS
Morning Report APAC – TF
Asian markets were all lower on Friday after the latest terrorist attack
in Spain and Wall St's heavy selloff on doubts over the Trump administration's
ability to follow through on economic reform.
FirstFT Daily Briefing – FT
Second Spain attack thwarted, third Trump council disbands, US markets
plunge
WSJ City – WSJ
Terror in Catalonia, Jitters Hit Markets, Frankfurters Unhappy Over
Brexit Bankers
Danske Daily – Danske Bank
Equities weaker * Yellen
to speak on financial stability * Cohn won’t resign * Quiet day ahead for data
and events * Stronger JPY on weaker risk sentiment
Morning Markets – TF
Another week that ends in red is just about to finish. Global stock
markets are tumbling. Right now it is the deadly terrorist attack in Spain that
adds to negative sentiment. Also due to his reactions to the right-wing
extremist terror attack in the US President Donald Trump is losing support at
home.
From the Floor – TF
Equity markets have been hit hard by political risk emerging from the
strange spectacle of Donald Trump's White House, and more risk lies ahead as
those political worries are not about to vanish, Saxo Bank's chief economist
Steen Jakobsen says.
Daily Market Comment – Marc Chandler
Dollar and Equities Trade Heavily Ahead of the Weekend
Brussels Playbook – Politico
Terrorists strike Spain — Matteo Salvini interview — Brigitte Macron an
informal first lady
US 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
"From Nukes To Terrorism": Battered Investors Flee Risk For
Safety Of Bonds And Gold
Frontrunning – ZH
FX Update – TF
The yen powered stronger across the board on an unsettling sell-off in
equity markets even larger than the sell-off inspired by the North Korea
exchange last week. This has set the usual risk-off/risk-on demons loose in a
market and in currency land this means that JPY crosses will likely have the
highest beta to general market sentiment.
FINNISH
Aamukatsaus – Nordea
EKP:n heinäkuun kokouksen pöytäkirja julkaistiin -
EKP huolissaan eurosta * Euroalueen lopullinen inflaatio pysyi pikaennakkojen
tasolla * Tänään on tulossa hiljainen päivä datajulkistuksien osalta