EUROPE
Merger collapse
plunges Germany’s biggest banks into uncertainty – FT
Deutsche
left seeking new plan for future as other bidders circle Commerzbank
Deutsche Bank’s
Failure Is Another Bank’s Opportunity – BB
Commerzbank
is of interest to rival lenders across Europe, but Italy’s UniCredit may offer
the best chance of winning political and investor support.
Deutsche Bank Goes
Back to a Cold, Dark Place – BB
At
least Commerzbank has the option of other deals. Its bigger German rival has no
choice but to return to its enduring cost problems.
Macron promises
tax cuts in new French reforms – FT
President
hopes plans will help him regain political initiative from ‘gilets jaunes’
protesters
Macron Tries to
Save His Presidency by Promising a ‘New Act’ – BB
A
pledge to combine sticking to economic reforms with a volley of new policies,
all couched in poetic language evoking the art of being French.
The predictive
power of real M1 for real economic activity in the euro area – ECB
OTHER
Why Asia’s Central
Banks Can’t Pull the Trigger – BB
Unlike
their Western counterparts, they’ve got ammunition to fight the next downturn.
But they're leery of using it.
A Slimmer Belt and
Road Is Even Scarier
– BB
Switching
the focus from roads and bridges to digital infrastructure will only further
entrench China’s influence in host countries.
REGULARS
Five Things to
Start Your Day Asia
– BB
Five Things to
Start Your Day Europe
– BB
EU Open Rundown – RANsquawk
FirstFT Daily
Briefing –
FT
Brussels Edition – BB
Brussels Playbook – Politico
Winners
of the EU election — Parliament’s big Brexit problem — Ireland blocks the world
on privacy
Danske Daily – Danske
Bank
Riksbanken
in focus as the BoJ lowers GDP estimates
Eco Day Europe – BB
BOJ
No Change, ECB Looks for Recovery, Turkey Delays
Daily Market
Comment
– Marc
Chandler
Equities
Waiver, the Dollar Does Not
Five Things to
Start Your Day US
– BB
US Open Rundown – RANsquawk
US Open – ZH
Dow
Futures Plunge After 3M Plummets; Dollar Soars On Global Currency Carnage
Eco Day US – BB
U.S.
Growth, More Trade Talks, Sweden Hits Pause * What props up first-quarter U.S.
growth will weigh on it later * U.S. and Japan starting next round of
accelerated trade talks
FINNISH
Aamukatsaus – Nordea
Tänään vuorossa Riksbankin korkopäätös, rahapolitiikan
normalisointi etenee verkkaisesti | Markkinat seuraavat tänään myös Turkin ja
Japanin keskuspankkien päätöksiä | Saksan Ifo-luvut odotuksia heikommat, euro
heikentyi ja korot laskivat