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Friday, September 7

7th Sep - Still bearish, US wages higher




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EUROPE
Italian surveys show worrying weaknessPictet

Italian finance minister moves to reassure EU on budgetReuters

ECB PreviewDanske Bank
Next week’s meeting is one for the geeks and may contain few changes on the details and technical adjustments.

Draghi Is Pressing Ahead With Rate Hike in 2019 Despite Risks BB
Economists expect deposit-rate increase by September 2019 * Global trade tensions, Italian politics top list of concerns

The ECB’s Dashboard: Taper auto pilotING
Market volatility, Italian fiscal policies and low core inflation will do little to divert the ECB from its taper plans. The auto pilot, turned on in June, should stay on. The reduction in net QE purchases has been well telegraphed and should not surprise anyone. Look for a limited effect on both FX and bond markets


UNITED STATES
  PAYROLLS
Jump in US hourly earnings is key, Canada adds 40k full-time positions – Marc Chandler
U.S. Wage Gains Pick Up to 2.9% While Payrolls Rise 201,000 – BB
U.S. job growth surges; annual wage gain largest since 2009 – Reuters
The August Jobs Report in 8 Charts – WSJ


OTHER
10 years after the financial crisis JPM
A decade after the collapse of Lehman Brothers, J.P. Morgan takes a look back at the response to the financial crisis that reshaped financial markets and the global economy.

Don't Steal Money From Day Traders Before They Lose ItBB
Boiler room guys knew customers were going to lose their money, so they allegedly spent it themselves.


REGULARS
EU Open RundownRANsquawk
 
FirstFT Daily BriefingFT

WSJ DailyEconomicsWSJ
Chances for a U.S.-China Trade Deal Fade | U.S. Job Growth Expected to Accelerate

Danske DailyDanske Bank

Daily Market CommentMarc Chandler
Emerging Markets Stabilize While Euro Shrugs Off Disappointing Data

Brussels PlaybookPolitico
Trump’s man in Brussels — Conte’s dodgy job application — Faraging against the machine

Five Things You Need to Know to Start Your DayBB

US OpenZH
Global Stocks Slide On Tariff, Payrolls Suspense; Dollar Drops

US Open RundownRANsquawk

AamukatsausNordea
Ruotsissa äänestetään sunnuntaina valtiopäivävaaleissa | USA:n työmarkkinaraportti julkaistaan tänään, kiihtyykö palkkojen nousu? | Riksbank laski korkopolkuaan, ohjauskorko pidettiin ennallaan