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Monday, July 16

16th Jul - Quiet (Helsinki Summit)




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EUROPE
Euroskeptic Tories Force Theresa May to Back Down: Brexit UpdateBB

Salvini Hints at EU Vetoes Unless Sanctions on Russia Are Eased BB
Italian deputy prime minister said Russia should rejoin G-7 * Russian officials and executives meet Salvini in Moscow


UNITED STATES
Leonid Bershidsky: Hacker Indictments Should Make the Kremlin SquirmBB
Mueller’s knowledge of individual Russian intelligence officers should make the Kremlin uncomfortable.

Leonid Bershidsky: Putin and Trump Couldn’t Make the Relationship WorkBB
The summit ended without agreements because there’s nothing the leaders can do for each other, however much they would like to.

Editorial: Trump’s Shocking Display Next to Putin – BB
The president failed to stand up for the U.S. against Russian meddling.

Jonathan Bernstein: Trump Risks It All … For What?BB
The embarrassing meeting with Putin could embolden some Republicans to consider a 2020 primary challenge.

Eli Lake: Trump’s Helsinki Disgrace BB
The president sees good nations on both sides of the U.S.-Russia relationship.

Solid US retail sales set the stage for bumper GDP
ING
As US consumers continue to splash the cash, we think the economy grew by around 4% annualised in the second quarter. This should keep the Fed on track for two further rate hikes this year

U.S. Retail Sales Advance for Fifth Month, May Revised Up BB
‘Control’ group, a key subset of data, misses forecasts * Results still signal solid quarter for consumer spending


OTHER
Google's Day of Reckoning Is About the Next Billion Users BB
The EU attack on Android might spur developing economies to follow


REGULARS
EU Open RundownRANsquawk

FirstFT Daily BriefingFT
US and Russia’s Finland rendezvous

WSJ CityWSJ
Trump Looks to Lower Expectations Ahead of Putin Summit, China’s Growth Slows a Notch

Danske DailyDanske Bank

Daily Market CommentMarc Chandler
Dollar Softens a Little as Market Awaits Developments

Brussels PlaybookPolitico
Foes and friends — All eyes on Asia — Vestager vs. Google (again)

Five Things You Need to Know to Start Your DayBB

US OpenZH
US Futures, European Stocks Rise Even As Chinese Data Spooks Asia

AamukatsausNordea
Trumpin ja Putinin tapaaminen Helsingissä maailman huomion keskipisteenä | Iso-Britannian kesäkuun inflaatioluvut julkaistaan keskiviikkona | Kiinan talouskasvu hyytyi hieman toisella vuosineljänneksellä, Suomen talous jatkaa kasvu-uralla