EU MORNING BULLETS : 14TH-NOVEMBER-2018
* Asian equities lower the Nikkei +0.2%, Hang Seng -0.6% and the ASX -1.7%.
* BoJ Sees Q4 GDP Bounce After Temporary Q3 Fall
* Japan’s economy was hit by weaker private consumption and net exports caused by natural disasters in Q3.
* Australia’s Wages grew in line with expectations in Q3.
* Australian Consumer sentiment recoverd from setback in the September 104.3 prev 101.5.
* UK PM May saw key ministers last night who could threaten her Premiership if they refuse back the deal and resign in a bid to win them round, and will warn her cabinet on Wednesday
that the UK will have to implement many of its contingencies for a no-deal Brexit on December 1 if it fails to sign a withdrawal treaty with the EU by the end of this month.
* Brexiteer MPs Boris Johnson and Jacob Rees-Mogg have said they will vote down Theresa May’s divorce deal.
* Cable off yesterday highs reflecting the scepticism.
* European Union member states will meet late on Wednesday to discuss Brexit, diplomats said.
* UK DMO To Smooth Gilt Mkt Ops If BOE Unwinds QE
* The UK’s debt managers will liaise closely with the BoE when the time finally comes.
* Italy populists are calling the bluff of the EU deputy premiers Di Maio and Salvini have stuck to 2.4% budget deficit and 1.5% growth forecasts and upsets Fin Min Tria plans to
please the EU.
* Trump is expected to provide written answers to questions from the special counsel investigating Russian interference in the 2016 U.S. presidential election as soon as this week.
* German GDP waas -0.2% weaker than expected.
* French CPI at 7.45am, Spanish CPI at 8am, Swiss CPI at 8.30am, UK CPI at 9.30am along with PPI then EU GDP at 10am.
* US CPI at 1.30pm
* Fed Quarles at 3pm and Fed Powell at 11pm.