EUROPE
Economic Bulletin – ECB
The European Commission’s 2018 assessment of
macroeconomic imbalances and progress on reforms – ECB
Euro area Flash PMIs: “Growing pains” but no
reason to panic – Pictet
Euro area flash PMI
indices fell sharply in March, below consensus expectations for the second
month in a row
Ferdinando Giugliano: Europe's 'Safe Bonds' Are
Not So Safe After All –
BB
The euro zone needs to
issue common debt, but it won't happen soon.
UNITED STATES
Jonathan Bernstein:
Leaking Is a Symptom - Trump Is the Cause – BB
He
doesn't agree with his advisers on Russia. But hearing them out would avoid
more embarrassments.
TARIFFS
TARIFFS
Trump Slaps China With $50 Billion In Tariffs – ZH
All The Ways China Can Retaliate To Trump's
Trade War – ZH
US Trade Rep Lays Out Amount Of Tariffs, Which
Chinese Industries Are Targeted – ZH
Michael Schuman: Is Trump Playing Into Xi's
Hands? – BB
Tough U.S. measures
allow the Chinese leader to be the economic nationalist he wants to be.
FEDERAL
RESERVE
Notes on the Fed Announcements – David Merkel
Powell's Fed and the Market – Marc Chandler
March Fed review – Mr. Middle Ground – Pictet
In line with expectations, the Fed raised rates at its last meeting. Chair Powell was keen to underline his “middle ground” approach to normalising monetary policy. We still expect 3 additional rate hikes in 2018.
In line with expectations, the Fed raised rates at its last meeting. Chair Powell was keen to underline his “middle ground” approach to normalising monetary policy. We still expect 3 additional rate hikes in 2018.
Fed Chair Questions Value Of Yield Curve For
Recession Forecasts – Jim
Picerno
Tim Duy: The Fed Makes a Risky Bet on
Overshooting Its Inflation Target – BB
Consumer prices rising
at a 2.1 percent rate could be toxic when combined with very low unemployment.
MARKETS / OTHER
World Economic Outlook,
April 2018 – IMF
"A Perfect
Storm": Why Are Stocks Crashing – ZH
Rethinking European Stocks – Kevin Muir
'Global Synchronous
Recovery' Narrative Crushed As US, EU PMIs Plunge – ZH
Funding Stress Contagion
Spreads - European Banks Collapse To 11-Month Lows – ZH
Investment Grade Credit Crashes As Dow Dumps 500 Points – ZH
Zuckerberg's Very Bad Day Of "Damage Control": Highlights – ZH
What Wall Street Thinks
Of Zuckerberg's "Crisis Response" – ZH
Controlling the Web Is the Dream (and the Nightmare) – BB
Authoritarian governments regulate what their citizens can see online.
The U.S. lets tech companies make similar decisions.
Editorial: Facebook's
Chronic Evasions – BB
The company needs to be straight with its users about exactly what it
does.
REGULARS
FirstFT Daily Briefing – FT
Fed’s new era, Zuckerberg speaks, EU migration dilemma
WSJ City – WSJ
Zuckerberg Breaks Silence With an Apology, a Safe Not Sorry Fed, US and
China Sharpen Trade Swords
WSJ Economics – WSJ
Fed Raises Rates | U.S., China Clash on Trade | Baby Boomers Hit the
‘Burbs
“Best of the web” daily
charts – Lukas
Daalder
Danske Daily – Danske
Bank
Daily Market Comment – Marc
Chandler
Dollar Trades Off
Brussels Playbook – Politico
EU summitry — In the absence of billionaires — Commemorating terror
victims
Five Things You Need to
Know to Start Your Day – BB
US Open – ZH
Futures Tumble, Stocks Slide Ahead Of Trump's China Trade War; Facebook
Selling Resumes
FINNISH
Tänään julkaistaan euroalueen ostopäällikköindeksit | Fed nosti
ohjauskorkoa | Dollari heikentyi euroa vastaan