EUROPE
Eurozone PMI drops
sharply in December –
ING
The
decline from 52.7 to 51.3 suggests the revival of GDP growth in the Eurozone
may not have happened at all. While the ECB was relatively optimistic about the
growth outlook yesterday, today’s PMI adds to the worries
Euro area: Quelle
Catastrophe! - Nordea
The
downtrend in Euro-area PMIs continued, and especially the French data was hit
hard by the ongoing unrest. The Euro-area economy continues to lose momentum,
and downside risks are becoming stronger, even if the ECB is not ready to admit
that.
ECB: Further
dovish shifts on the cards – ABN
AMRO
Further
outlook downgrades to trigger shift on rate guidance in coming months
European Banks'
"Race To The Bottom" Is Worst Since 2011 Crisis – ZH
UNITED STATES
FOMC Preview – Danske
Bank
Fed
set to hike again but removing more forward guidance
$176 Billion
A-Rated Bonds Downgraded To BBB In Q4 – ZH
OTHER
Governments can't
prevent the next global economic slowdown – FT
2018: The year
volatility came home to roost – Reuters
U.S.
stocks are down only slightly for 2018, but that masks a volatile year for
investors.
REGULARS
EU
Open Rundown
– RANsquawk
Brussels
Edition Daily
– BB
Brussels
Briefing –
FT
FirstFT
Daily Briefing –
FT
WSJ
Daily Economics
– WSJ
Danske
Daily
– Danske
Bank
Daily
Market Comment –
Marc
Chandler
Brussels
Playbook –
Politico
All May wants for Christmas — EU and China
move on climate — Strasbourg attacker dead
Five
Things You Need to Know to Start Your Day – BB
Eco
Day US
– BB
Fed Silver Lining, China Car Truce, Russia
Rate Hike * France exacerbates euro-area slowdown as China weakness mounts * Investors
start to think Australia’s next move could be a cut
US
Open –
ZH
Global Stocks Tumble On Poor Econ Data
From China To Europe
US Open Rundown – RANsquawk
Aamukatsaus – Nordea
Venäjän
keskuspankki yllättää tänään koronnostolla | Lisäksi tänään julkaistaan
euroalueen alustavat ostopäällikköindeksit | EKP:n kokous ei tarjonnut
yllätyksiä, Norjan keskuspankki piti odotetusti korkonsa ennallaan