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Wednesday, October 31

31st Oct - Quiet


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EUROPE
German firms should cut dependence on China, says top industry groupReuters
German firms should cut their dependence on the Chinese market, a leading industry group says in a strategy paper that underscores rising concern over Beijing’s state-driven economic model

The end of the Merkel era: European press reactsOpen Europe

Editorial: Europe’s Budget Rules Need Smart EnforcementBB
The European Commission is right to sanction outlandish rule-breaking, but it shouldn’t ignore signs of a slowing economy.

Ferdinando Giugliano: They Hated Angela Merkel, Now They’ll Miss HerBB
Many in Italy and Greece could come to regret the woman they despised.

Marcus Ashworth: Draghi Gets What He Wanted: Some InflationBB
Rising prices give the ECB sufficient cover to bring its bond-buying program to a close even as growth slows.

Rebound in inflation data brings some relief to the ECBPictet
Euro area flash HICP rose from 2.1% year on year (y-o-y) in September to 2.2% in October, in line with expectations and the highest level since December 2012.


UNITED STATES
Karl W Smith: The Slowdown in Europe Should Give the Fed Pause BB
The U.S. economy is stronger than Europe’s right now, but that won’t always be the case.


REGULARS
EU Open Rundown RANsquawk

Brussels Edition DailyBB
Inflation 2, Growth 0

Brussels BriefingFT
Halloween growth slowdown risks putting spooks on Italy - stagnant growth and higher borrowing costs trigger worries about debt sustainability

Eco Day Europe BB
Italy's Spending Plans, Brexit Woes, Eurozone's Bumps

FirstFT Daily Briefing FT

WSJ Daily EconomicsWSJ
U.S. Wages Poised for a Breakout | China’s Factories Slow | Millennials Drive Homeownership

Danske Daily: Eurozone stagflation?Danske Bank
Today’s main event is the euro area flash HICP. The inflation number is particularly interesting given that euro area growth slowed to a four-year low yesterday and Draghi’s insistence on inflationary pressure last week. Ergo stagflation.

Daily Market CommentMarc Chandler
No Fright on This Halloween

Brussels PlaybookPolitico
What Merkel means — EPP fight night — Trump vs. facts

Five Things You Need to Know to Start Your DayBB

US OpenZH
Global Stocks Surge On Last Day Of Dismal, Turbulent October

US Open RundownRANsquawk

AamukatsausNordea
Tänään julkaistaan euroalueen alustavat inflaatioluvut lokakuulta, kiihtyykö inflaatio? | | Euroalueen BKT-luvut kolmannelta vuosineljännekseltä jäivät odotuksia heikommiksi | Italian talouskasvu lopahti, Saksan inflaatiokehitys odotetun vahvaa