Follow ‘MoreLiver’ on Twitter
EUROPE
May Unveils U.K.
Soft Brexit Blueprint, But Banks Cut Loose – BB
Government
white paper: U.K.-EU ‘free-trade area for goods’ * May says plan delivers
‘principled and practical Brexit’
Theresa May Drops
Call for Easy Access by Banks to EU's Markets – BB
Government
bows to EU objections to earlier British plans * ‘Structured’ dialogue proposed to enhance
equivalence regime
Eurozone: Soft
patch 1 - Start of a severe downswing 0 – ING
Rebounding
industrial production adds to evidence of a stabilising Eurozone economy
UNITED STATES
Trump knows Europe
needs America more than America needs Europe – FT
The
most lethal demagogue is one with a grasp of underlying reality
Trump Doubles
Down: Threatens Sanctions On European Investors In Russian Pipeline – ZH
OTHER
Natural gas:
deflating times ahead
– ING
Natural
gas prices have been well supported of late, largely thanks to strong Asian
demand, and a generally stronger energy complex has certainly helped. However,
we expect European prices to trade lower while Asian LNG prices are likely to
remain well supported as long as China demand is robust
TRADE WAR
Trump’s
Tariff Barrage Pushes China Fight to Point of No Return – BB
He and Xi both have political reasons to
keep up the pressure * Latest tariff list would tax over half of U.S.’s China
imports
China,
U.S. Hint at Chance for Talks After Trump's Tariff Threat – BB
Senior
Chinese official calls for restart of negotiations * White House has signaled
it could restart talks, source says
Seven Takeaways
From The US Tariff Escalation – ZH
Standard
Chartered’s Steven Englander: surprised that the escalation occurred so rapidly
but not that the US decided to press its advantage
Direct effect of
trade war still limited – ABN
AMRO
Confidence
is still the main channel to watch in trade spat * China downside risk from
trade war rises, as stakes are being raised
REGULARS
EU Open Rundown – RANsquawk
FirstFT Daily
Briefing
– FT
Nato
funding spat, oil hits a slick, Trump’s tower of secrets
WSJ City – WSJ
Trump’s
Call to Double Defense Spending Creates Tense NATO Summit, Battle for Sky Heats
Up with New Comcast Bid
WSJ Economics – WSJ
Inflation
Is Perking Up. Will Tariffs Push Consumer Prices Even Higher?
Danske Daily – Danske
Bank
Daily Market
Comment
– Marc
Chandler
Dollar
Remains Firm as Risk Returns
Brussels Playbook – Politico
NATO
drama — Brexit white paper day — Germany’s new bedfellows
US Open – ZH
Global
Stocks, US Futures Jump As Trade War Fears Recede, Commodities Spike
EKP:n kokouksen pöytäkirjasta etsitään selvennystä
seuraavan koronnoston ajankohtaan | Tänään julkaistaan sekä USA:n että Ruotsin
kesäkuun inflaatioluvut | Öljyn hinta oli eilen voimakkaassa laskussa Libyan
vientiterminaalien avauduttua