EUROPE
Collapse of center left
risks destabilizing Continent’s politics.
The European Union
reached a tentative agreement on Thursday to tighten employment rules for
workers who move to richer member states in order to earn more money, a
practice some countries say can be used to undercut wages and labor rules.
Germany: ‘Yes’ or ‘no? What’s it gonna be, SPD? – ING
While Italy votes,
financial markets should also have a close eye on German politics on Sunday. In
fact, the result of the SPD’s member vote on whether or not to join a coalition
with Angela Merkel’s CDU could have a bigger impact on markets and Europe than
the Italian elections
Latvian Governor Ilmars
Rimsevics returned to work on Monday * Crisis may prompt questions at Thursday
ECB press conference
ITALY
The promises Italian
politicians make before an election bear no resemblance to what they can
deliver.
Anti-establishment party
announces who its ministers will be if it wins Sunday’s election.
European Parliament
president said he had accepted Silvio Berlusconi’s invitation.
UNITED STATES
The world stands on the
brink of a trade war as Donald Trump announces severe tariffs on steel and
aluminium - forget the yield curve - this is how recessions start.
Trump has confirmed he
will impose 10% duties on all imports of aluminium (primary and products) and
25% on steel. Costs to be borne by local consumers have already surged and have
further to go. The all-important details on Canada remain unknown
Editorial: Oh! What a Lovely Trade War – BB
Trump makes strange
claims all the time. But his latest deserves special recognition.
MARKETS / OTHER
Morgan Stanley: Beware,
There Is No Liquidity In This Market – ZH
The U.S. should make clear to ersatz allies that betrayal has
consequences.
Leonid Bershidsky: Why
Putin Is Rattling His Superweapons – BB
He wants respect, but he'll end up getting an arms race Russia can't win
JAPAN
BOJ's Kuroda Joins Queue of Central
Banks Looking Toward Exit – BB
Bank of Japan Will Think About Stimulus Exit Around 2019: Kuroda – BB
Kuroda Shocks Markets Hinting At QE End; Nikkei, USDJPY Tumble – ZH
REGULARS
May’s Brexit speech, Putin’s ‘invincible’ missile, billionaire bolt-holes
Trump’s Tariff Pledge Sparks Trade War Worries, May to Set Out EU Vision,
Italy Vote to Test Market Calm
Tariffs Spark Trade Worries | U.S. Incomes Get a Tax Boost | Japan
Jobless Rate Near 25-Year Low
Markets Unanchored?
EU speech day — May fights trade war tide — Tajani for Italy PM
US Open – ZH
Stocks, S&P Futures Plunge After Trump-Kuroda Double Whammy
FINNISH
Sunnuntaina huomio
kiinnittyy Italian vaaleihin ja Saksan sosiaalidemokraattien jäsenäänestykseen
| Trump asettamassa tulleja teräkselle ja alumiinille | Blogi: Taantuma iskee
Suomeen vuonna 2020
Valtiovarainministeri Petteri Orpo kertoo Iltalehden
haastattelussa, mitkä ovat kipukohdat tulevissa euroalueen väännöissä. Suomen
maksuosuus kasvaa joka tapauksessa.
Maahanmuutto – kriitikon käsikirja – Suomen Perusta