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Tuesday, May 7

7th May - Trade war jitters #4082




EUROPE
The legacy of the ECB's bond buying programFT

Where now for the rules that rocked European finance?FT
More than a year on from implementation, calls to amend Mifid II are growing louder

Italy budget deficit forecast to smash EU fiscal rules FT
Increased risk of fresh clash with Brussels over Rome’s spending commitments

UNITED STATES
Steve Bannon: We’re in an economic war with China. It’s futile to compromiseWaPo

 
OTHER
  TRADE WAR
Trade War’ In May & Go Away
Lance Roberts
 
Market Turmoil Continues After Liu Confirms Washington Visit; Beijing "Prepared For Talks Breakdown"ZH

A Trade Deal With China Wouldn’t Change MuchBB
Any agreement would be difficult to interpret and enforce, leaving tensions at about where they are now.

Trump’s tough talk on trade unsettles the market FT
Analysts say trade-related jitters could linger, even if US and China strike a deal

US accuses China of ‘reneging’ on trade promisesFT
Beijing dismisses Trump’s tariff threats and will send negotiators to Washington this week


REGULARS
Five Things to Start Your Day AsiaBB

Eco Day AsiaBB
Tariff Hike On, Fed Cut Prospect, Aussie's RBA Wobbles * New Zealand poised to cut as easing bias sweeps Southeast Asia * India’s tax revenue soars as Pakistan closes in on IMF bailout

Five Things to Start Your Day EuropeBB

EU Open RundownRANsquawk

FirstFT Daily BriefingFT

Brussels BriefingFT
Bad numbers: The European Commission is poised to revise down growth forecasts for the euro area and wider EU

Brussels EditionBB

Brussels PlaybookPolitico
Welcome to Erdoğantown — German parable — Virtual hotel

Danske DailyDanske Bank
China confirms trade talks in Washington this week

Eco Day EuropeBB
ECB's New Favorite, RBA on Hold, Nigeria's Challenge * Economists, markets were almost evenly split on RBA decision * Trump administration accuses China of backpedaling over trade

Daily Market CommentMarc Chandler
Markets Steady as China Pushes Forward

Five Things to Start Your Day US BB

US Open RundownRANsquawk

US OpenZH
Futures Resume Slide As Traders Brace For Trade War Impact

Eco Day USBB
U.S.-China Trade War, Mexico Border Delays, Trump Jobs * Top china trade negotiator to visit U.S. to face tariff threat * Trump country winning on job growth even as pay gap persists


FINNISH
AamukatsausNordea
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