Follow ‘MoreLiver’ on Twitter
EUROPE
Juncker Warns of ‘Knee-Jerk’
Nationalism in Last Big EU Speech – BB
EU
Commission chief urges unity over migrants, euro, budget * Appeal for deeper
integration in face of populist upswing
Juncker vows to turn
euro into global reserve currency – FT
Plan
comes amid international concern over Trump’s use of dollar as sanctions weapon
EU parliament backs overhaul of digital copyright rules – FT
Draft
plans would force internet companies to pre-filter uploaded content
Merkel Says EU
Elections to Be Ultimate Test of European Unity – BB
Migration
is ‘much larger’ challenge than euro crisis * Chancellor says EU must
demonstrate strength in euro, trade
EU parliament
votes to rebuke Hungary – FT
Setback
for Viktor Orban as political allies join MEPs in backing criticism of Budapest
Leonid Bershidsky:
EU Sanction of Hungary Could Backfire – BB
Viktor
Orban’s government is eroding the rule of law, but exclusion would empower the
continent’s far right.
French and German
advisers call for eurozone budget changes – FT
Economists
call for more enforceable debt and deficit regime in break with crisis era
U.K. and EU Plan
Special Summit to Sign Brexit Deal – BB
Mid-November
leaders’ meeting could be announced within days * May faces challenge as Tory
Brexit-backers plot to oust her3
ECB to Lower
Euro-Area Growth Outlook on Global Demand – BB
Economic
forecasts starting 2018 to be revised down slightly * Projections will be
unveiled by President Draghi on Thursday
ECB To Cut Euro
Area Growth Outlook In Latest Global Slowdown Warning – ZH
UNITED STATES
Ray Dalio Spells
Out America’s Worst Nightmare – BB
The
hedge fund titan warns the U.S. not to take its reserve currency for granted.
Leonid Bershidsky: The Euro Has the Power to Challenge the Dollar – BB
Growing
U.S. unilateralism is an opportunity to end the greenback’s dominance.
There’s Never Been
a President This Unpopular With an Economy This Good – BB
‘Circus in Washington’ seen drowning out good
economic news * Trump’s unpopularity poses problems for Republican candidates
Trump signs order
to impose sanctions for U.S. election meddling – Reuters
Trump
signed an executive order to help protect U.S. elections from foreign
interference by imposing sanctions on countries and other actors who seek to
meddle
OTHER
China: Downgrading
GDP growth rate
– ING
China
is once again using infrastructure investment to avoid an economic slowdown.
Sound familiar? It doesn't matter. We're still downgrading our GDP growth rate
for this year and next
Trade wars: China
fears an emerging united front – FT
Beijing
welcomed American disputes with Tokyo and Brussels but now faces isolation as
G7 allies begin to co-ordinate policy
US trade deficit
with China rises to fresh high – Pictet
WTO Reforms – Marc Chandler
The
status quo may not have strong support, but there is little agreement on the
alternative. Numerous issues that need
to be addressed, including digital trade, domestic regulation, subsidies, and
investment, but there does not seem to be a consensus on how to proceed…If the
US tactics do not change, the WTO will be paralyzed in a year as there will not
be three panelists who are needed for decisions.
Budget Guide 2019:
guide to corporate financial exposure in 2019 – Danske
Bank
CRISIS 10 YEARS
The Global Economy
Is Still Feeling the Lehman Fallout 10 Years Later – BB
My naive part in Lehman’s downfall – FT
John
Gapper: I was wrong to call for the bank to be allowed to fail
George Magnus: Remember
how it all unravelled? – Prospect
For Hedge Fund
Stars, Being Right in 2008 Proved to Be a Curse – BB
Einhorn,
Paulson, and Howard made their names in the crisis, but they faded in the
decade that followed.
REGULARS
EU Open Rundown – RANsquawk
Brussels Edition
Daily
– BB
FirstFT Daily
Briefing
– FT
WSJ City – WSJ
U.S.
Business Lobbies Against Tariffs, China Is the New Hotspot for Products Behind
the Crisis
WSJ Daily
Economics
– WSJ
U.S.
Workers Are Quitting Jobs at the Fastest Rate In 17 Years
Danske Daily – Danske
Bank
Trade
war escalation fears persist
Daily Market
Comment –
Marc
Chandler
Dollar
Chops in Narrow Ranges
Brussels Playbook – Politico
Previewing
Juncker — Making the euro great again — The Orbán show
Five Things You
Need to Know to Start Your Day – BB
US Open – ZH
Asian
Stocks Suffer Longest Selloff In 16 Years; US, Europe Mixed
US Open Rundown – RANsquawk
Aamukatsaus – Nordea
Öljyn hinta nousi lähes 3 prosenttia | Englannin
keskuspankin pääjohtaja Carney jatkaa tammikuuhun 2020 | ZEW-indeksi nousi
hieman syyskuussa