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Monday, August 7

7th Aug - Boring






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Holiday recap: while you were away – Nordea
Key Events In The Coming Vacation Week: All About Inflation – ZH
FX: Will dollar scarcity re-emerge in Q4? – Nordea
BlackRock, Vanguard Say Bond Market's Got This Trade All Wrong – BB
Morgan Stanley: When does EURUSD become overbought – ZH
SocGen: Stock Valuations Remain "Remarkably High" Yet Nobody Cares – ZH
Matt King: We Are More Reliant On Central Banks Than Ever Before – ZH
Currency Bets Getting Crowded, Raising Prospect of Violent Reversal – WSJ
HSBC's Steven Major Sounds a Bearish Alarm on European Credit – BB

Long-term issues for central banks – BIS


REGULARS
Morning Report APACTF
The investor mood is upbeat across Asian markets thanks to Wall St and commodities. Stocks are heading higher today in Seoul Hong Kong Tokyo and Sydney.

FirstFT Daily BriefingFT
Credit crisis fines, NK a ‘grave’ threat, peace tourism

WSJ CityWSJ
Brexit Uncertainty Shadows Bank of England, Wall Street Penalties Drop Sharply

Danske DailyDanske Bank

Eye-OpenerNordea
Strong US employment report, inflation data this week * German production and Fed speakers today * USD rates higher after employment report * Weak EUR Friday afternoon

Morning MarketsTF
Asia-Pacific bourses got off to an exuberant start to the week with sentiment lifted by Friday's strong US jobs report. Australian miners' shares rose after a leap in Chinese iron-ore prices and Japanese carmakers also gained. The US dollar backed off its steepest Friday gains in Monday's Asian session and crude oil prices rose.

From the FloorTF
Asian equities rose on Monday on the back of Friday's stronger-than-expected US employment report and a leap in Chinese iron ore prices, while the US dollar eased off its Friday gains.

Daily Market CommentMarc Chandler
Outlaw Mondays

Brussels PlaybookPolitico
Home alone in the Berlaymont — German defense spending spat

Five Things You Need to Know to Start Your DayBB

10 things you need to know before the opening bellBI

US OpenZH
World Stocks Hit Another All-Time High As Crude, Treasurys Drop

FrontrunningZH

FX UpdateTF
The greenback finally found a broader lifeline of support on Friday after a solid if not spectacular jobs report. The biggest move late on Friday was in EURUSD as the high-flying single currency corrected across the board. It may finally be time for a euro correction after an overambitious rally.


FINNISH
AamukatsausNordea
Jatkavatko inflaatioluvut dollarin alamäkeä? * USA:n työpaikkojen määrä kasvoi vahvasti * Fedin edustajat äänessä * Kiinan kaupankäyntiluvut julkaistaan huomenna