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Wednesday, September 26

25th Sep - Draghi's inflation scare




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EUROPE

Germany: More thanks to Jean-Claude JunckerING
German businesses remain unimpressed by ongoing trade tensions, pointing to the continued strength of the economy

Msinterpreted Mr Draghi ABN AMRO
Draghi’s ‘vigorous’ remarks referred to staff projections


UNITED STATES
Four things to watch from the Fed this week ING
The strength of the domestic economy and rising price pressures will ensure another rate hike on Wednesday, but will emerging market and trade concerns result in a slower path of Fed tightening next year?


OTHER
New U.S.-South Korea Pact Spurs Hopes for Nafta, China Deals – BB
Trump Clinches His First Trade Deal With Revamped South Korea Pact – BB

The global effects of global risk and uncertaintyECB
We extract a global factor, which explains approximately 40% of the variance of about 1000 risky asset returns from around the world…the effects of shocks to the global factor are stronger in countries with a higher degree of trade and/or financial openness, as well as in countries with higher levels of external debt, less developed financial sectors, and higher risk rating.


REGULARS
EU Open RundownRANsquawk

Brussels Edition DailyBB

Eco Day EuropeBB
European Inflation, Brexit Divisions, Trade War Sets In

FirstFT Daily BriefingFT

WSJ Daily EconomicsWSJ
Trump Turns to Allies On Trade | Oil Tops $80 a Barrel | Fed Poised to Raise Rates

Danske DailyDanske Bank
Draghi hints ECB may hike as early as September next year * With no major economic releases today, market focus will be on political developments around the Brexit negotiations and US-China trade dispute as well as ECB speeches.

Daily Market Comment Marc Chandler
Greenback Remains at the Fulcrum

Brussels PlaybookPolitico
Europe’s media problem — See EU in court — Brexiteers play chess

Five Things You Need to Know to Start Your DayBB

Eco Day USBB
European Inflation, Brexit Divisions, Trade War Sets In

US OpenZH
Global Stocks Jump As Trade, Political Fears Fade; 10Y Yield Hits 2018 High

US Open RundownRANsquawk

AamukatsausNordea
Korot olivat nousussa euroalueella, kun markkinat reagoivat Draghin inflaatio-kommentteihin | Suomesta saadaan työllisyyslukuja elokuulta | USA:n ja Kiinan uudet tuontitullit astuivat voimaan eilen