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Tuesday, October 2

1st Oct - Nafta positive, but Italy negative


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EUROPE
Winter Comes Early to Gas Market in EuropeBB
Environmental rules push up demand for cleanest fossil fuel * Consumers hope that rising LNG supplies will ease their pain

Menace of US sanctions on Russia looms over Europe’s gas supplyFT
Geopolitics meddles with the Nord Stream 2 project

The EU’s new Hanseatic League picks its next Brussels battleFT
Hansa’s newest crusade is on the state of the single market

Editorial: This European Ruling Could Break the InternetBB
Establishing a global “right to be forgotten” would be a big mistake.

Nobody has a plan to lift the curse on centrist politics in GermanyFT
Debate over Angela Merkel’s fate distracts from the shift towards extremist parties

Fiscal Freedom in the Eurozone?Project Syndicate
Limit the foreign debt. If citizens accept more debt for growth, make them carry the risk.

  ITALY
Editorial: Italy’s political leaders are playing a dangerous gameFT
Fiscal irresponsibility and defiance could deepen Rome’s troubles

Italian Bonds Resume Slide After Report Europe Will Reject Budget ProposalZH

Italian Stocks, Bonds, Euro Tumble After Europe Says Budget "Almost Certainly Violates Rules"ZH

EU's Juncker warns Italy not to go ahead with proposed 2019 budgetReuters
  

OTHER
BofA's "Best Leading Indicator For Global EPS" Just CrashedZH

  NAFTA
Trump Clinches Rebranded Nafta as Canada Joins Pact With MexicoBB
Breakthrough preserves three-way structure of original deal * New pact gives Mexico, Canada reprieve on vehicle tariffs

Canada and US negotiators reach deal to revamp Nafta FT
New trilateral pact to be called the United States-Mexico-Canada Agreement

In Trump win, Canada, U.S. deal saves NAFTA as trilateral pactReuters

Trade deal largely spares Canada, Mexico from any Trump auto tariffsReuters

Factbox: Details of the new North America free trade dealReuters

Globalists Will Love Trump’s New Nafta DealBB
Despite the fanfare, the agreement doesn’t change much.

Saved by the Nafta bellING
Finally some good news on the trade front. A trilateral trade deal between the US, Canada and Mexico has been agreed in principle, helping to lift the Canadian dollar and Mexican peso. However, the spillover effects have been disappointing

View: In Trump win, Canada, U.S. deal saves NAFTA as trilateral pactReuters

Factbox: Details of the new North America free trade deal Reuters


REGULARS
EU Open RundownRANsquawk

Brussels Edition DailyBB

Brussels BriefingFT

Eco Day EuropeBB
U.S.-Canada Deal, China Hurting, Coeure Wants Stimulus

FirstFT Daily BriefingFT

Danske DailyDanske Bank

Daily Market CommentMarc Chandler
NAFTA Deal Struck, Softer EMU Mfg PMI, and Firm Greenback Starts Week

Brussels PlaybookPolitico
Macedonian mess — Spitzen field narrows — Tory circus

Five Things You Need to Know to Start Your Day BB

Eco Day USBB
Nafta Deal, U.S. Recession Risk, U.K. Manufacturing

US OpenZH
US Futures, Loonie, Peso Jump After Last Minute Nafta Deal

US Open RundownRANsquawk

AamukatsausNordea
Italian budjetin alijäämätavoite huoletti markkinoita, valtion korko nousi 23 korkopisteellä | Kanada ja USA pääsivät sopimukseen kauppaneuvotteluissa | Tällä viikolla saadaan USA:n teollisuuden ISM-indeksi ja työmarkkinaraportti