EUROPE
IMF warns eurozone
that Greece needs more debt relief – FT
Country’s
long-term debt costs will be unsustainable in 20 years’ time, Brussels told
EU Calls Trade War
Talks With Asia to Plot Response to Trump Tariffs – BB
European
leaders to meet Asian counterparts in October * Sept. 20 meeting in Salzburg
now seen as crunch Brexit meeting
UNITED STATES
Trade tensions,
labor shortages loom over U.S. factories – Reuters
U.S.
manufacturing activity slowed in July amid signs that a robust economy and
import tariffs were putting pressure on the supply chain, which could hurt
production in the long term.
FEDERAL RESERVE
Rates
Unchanged As Expected, Upgrades Economic View To "Strong" – ZH
How
the August Statement Changed From June – WSJ
Fed
Looks to September – Marc Chandler
Fed
Leaves Key Rate Unchanged With Economy at ‘Strong Rate’ – BB
Fed
leaves rates unchanged, stays on course for September hike – Reuters
TRUMP
Trump’s Madman Theory of Trade Negotiations Won’t Win – BB
A
U.S.-China compromise is possible, but not like this.
Trump Can’t Split
Russia From China — Yet – BB
As
Beijing gets stronger, there may be hope for a Kissingerian maneuver.
Trump’s Outreach
to Rogues Follows in Obama’s Footsteps – BB
Obama
changed the consensus by meeting with Castro, but Rouhani ducked the
invitation.
Trump’s Allies Say
He Really Wants Free Trade. Fat Chance. – BB
He’s
not using tariffs to expand global commerce, despite some pundits’ claims.
Editorial: Trump’s
‘Adults in the Room’ Should Stay There – BB
There’s
no shame in trying to keep the president from acting on his own worst impulses.
Trump: The
destroyer of economic relationships? – ING
President
Trump’s penchant for shaking things up has evidently, although presumably not
intentionally, spread to data relationships. What is causing this and will
things ever return to 'normal'?
OTHER
What Are
Economists Getting Wrong Today? – BB
A
decade after the financial crisis that nobody saw coming, we ask economists
what they might, currently, be missing.
The big flaw:
auditing in crisis
– FT
FT
series: with a cabal of auditors dominating the market and chiefs making most
of the system of ‘fair value’, what can the industry do to raise standards?
REGULARS
EU Open Rundown – RANsquawk
FirstFT Daily
Briefing –
FT
WSJ Economics – WSJ
Trump
Advisers Push for Higher Tariffs on China
Danske Daily – Danske
Bank
Daily Market
Comment
– Marc
Chandler
Trade
and Japan Drive Markets Ahead of Stand Pat Fed
Brussels Playbook – Politico
Belgium
waffles — Predicting this year’s summer crisis — Jobbik loves … the EPP?
Five Things You
Need to Know to Start Your Day – BB
US Open – ZH
Stocks
Drop As Trade War Returns; Japanese Bond Rout Leads To Emergency Margin Call
Fedin tämän päivän kokous ei luultavasti tuo yllätyksiä |
Tänään julkaistaan USA:n heinäkuun ISM-ostopäällikköindeksi | Euroalueen
inflaatioluvut olivat hieman odotuksia paremmat, BKT-luvut taas huonommat