EUROPE
Should Merkel embrace Macron’s vision for
eurozone reform? – FT
Two experts debate the
future of the European single currency bloc
Deutsche Bank Tumbles To New Record Low, Drags
European Banks – ZH
Stronger eurozone loan growth eases slowdown
concerns – ING
Faster loan growth to
businesses and a higher growth rate of the money supply in May provides some
encouragement to the ECB in times of disappointing eurozone data releases
OTHER
Leonid Bershidsky:
Putin and Trump Have Nothing to Talk About – BB
A
successful summit would require the two sides to give and take, but this one
has no agenda or desired outcome.
Trump Decides
Against Harshest Measures on China Investments – BB
White
House won’t use national-emergency law to penalize China * Treasury wants
Congress to strengthen key inter-agency panel
Chart
of the Week: When High Yield Goes Boom – IMF
Credit
booms marked by a rising share of junk bonds spell trouble for the economy.
Assessing Fiscal Space - An Initial Consistent Set of Considerations – IMF
Fiscal
space is a multi-dimensional concept reflecting whether a government can raise
spending or lower taxes without endangering market access and debt sustainability.
REGULARS
EU Open Rundown – RANsquawk
Market Briefing:
Daily Markets Overview – Yardeni Research
FirstFT Daily
Briefing
– FT
Uber’s
victory, Erdogan’s grand ambition, Spain’s botched art
WSJ City – WSJ
Trump
Eases Threats Against Chinese Investments, Why London’s Productivity Problem
Isn’t Going Away
WSJ Economics – WSJ
Trump
Eases Up On China, Blasts Harley-Davidson
Danske Daily – Danske
Bank
Daily Market
Comment
– Marc
Chandler
Renminbi
Slide Continues and Oil Extends Surge
Brussels Playbook – Politico
Trump
makes EU great again — Dieselgate jobs
Five Things You
Need to Know to Start Your Day – BB
https://www.bloomberg.com/authors/ARIYqLnEHrg/lorcan-roche-kelly
US Open – ZH
Global
Markets Slide As Trade Fears Return: China Bear Market Deepens, Deutsche Hits
Record Low
Aamukatsaus – Nordea
Tuottokäyrän kääntyminen on ennakoinut hyvin
taantumia | Suomesta saatiin vahvat työmarkkinaluvut toukokuulta,
työttömyysaste laski 7,6 prosenttiin | Öljyn hinta nousi tuotantohäiriöiden ja
sanktioiden seurauksena