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Monday, February 25

25th Feb - Brexit and China tariffs delayed? #4030


EUROPE
The Failure of the French EliteWSJ
The yellow vest protests have revealed the profound divide between the privileged class embodied by Emmanuel Macron and the rest of France

ECB Loans Ripe for Rethink as Officials Mull Slowdown Response BB
Officials have urged swift analysis, no hasty decisions * Discussion comes amid signs of deteriorating economic outlook

Italy Suffers Recession Alone in Economic, Political IsolationBB
Plunge in industrial sales, orders may extend the slump * Germany raced toward recession at end of 2018 but veered away

The Big Read: Why the EU is embracing Middle East strongmenFT
The EU-Arab summit opens amid concern that Brussels is legitimising authoritarian regimes for political ends

Putin Can't Get Europe's Nationalists to BiteBB
For Italy's Matteo Salvini and politicians like him, it's just not worth taking Russian money.

Corbyn Bows to Pressure, Agrees to Back Second EU Referendum BB
Labour leader’s support doesn’t mean that the vote will happen * Without Tory votes there’s still no majority for a plebiscite


OTHER
How to Identify a Bear Market RallyBB
History is replete with examples of major stock market recoveries following big sell-offs, many of which turn out to be head fakes.

Getting to a low carbon economy BNP PARIBAS

Harr's viewDanske Bank
China holds the key to the Eurozone recovery. I discuss the dominance of China in the world economy and how it influences the outlook for the Eurozone and Scandinavia

Trump raises China trade hopes with tariff delayFT
US president proposes summit with Xi at Mar-a-Lago to conclude agreement

Trump’s extension of China trade talks suits both sides FT

Analysts React To Tariff Deadline Delay: 'A Deal Will Likely Be ReachedZH


REGULARS
Five Things to Start Your Day AsiaBB
China Tariff Deadline Extended, Brexit Stakes Raised, Markets Open Higher, Debt Is Back in China

Eco Day AsiaBB
Trump vs Trade Czar, Xi's Lending Hurdle, Brexit Angst * Meet the potential candidates to head Philippine central bank * Israel’s rate hike could be one and done after 2018 ‘mistake’

Five Things to Start Your Day EuropeBB
Trade truce, Brexit delay, ECB’s new loans, smartphone makers’ congress

EU Open RundownRANsquawk

FirstFT Daily BriefingFT

Brussels Briefing FT
Policymakers expect the EU parliament elections to be the target of fake news and other disinformation

Brussels Edition BB
Brexit March 29 or 2021?

Brussels PlaybookPolitico
Bumper interview edition — Socialist fest — All politics is local

Danske DailyDanske Bank
Trump postpones tariff increase for China

Eco Day EuropeBB
Trump's Truce, Xinhua's Warning, Israel Rate Decision * President says he wants to finalize deal with China leader Xi * Israel’s rate hike could be one and done after 2018 ‘mistake’

Daily Market CommentMarc Chandler
Dollar Thumped on Confirmation of Tariff Delay while Stocks Advance

Five Things to Start Your Day USBB

US Open Rundown RANsquawk

US OpenZH
Chinese Stocks Soar Into Bull Market On Massive Volume After Tariff Deadline Delay

Eco Day USBB
Trade Truce, U.S. Recession Risk, U.K.’s Honda Angst * Truce removes a cloud over global economy, at least for now * Most economists see U.S. recession by 2021, NABE survey shows


FINNISH
Aamukatsaus Nordea
USA lykkää tuontitullien korottamista kiinalaisille tuotteille, May puolestaan lykkäsi brexit-sopimuksen äänestystä | Tällä viikolla tulossa USA:n teollisuuden luottamuslukuja ja Suomen BKT-lukuja | Saksan talouselämän luottamus laskussa