9th Mar - Good jobs report

Follow ‘MoreLiver’ on Twitter

EUROPE

AEP: Bundesbank back in charge of ECB, sending shivers through Italy – The Telegraph

ECB has dropped its long-standing pledge to boost stimulus if conditions deteriorate, signalling the triumph of German-led hawks and marking a major turning point in the eurozone’s monetary regime.

The Franco-German project is no longer enough for the EU – FT

A Paris-Berlin pact is insufficient to drive the reform agenda

Italy’s Five Star Considers Offering Jobs to Rivals in Bid for Majority – BB

Di Maio may drop opposition to letting rivals into cabinet * Five Star risks being outflanked by center-right’s maneuvers

Ferdinando Giugliano: Let the Populists Try to Govern Italy – BB

An anti-establishment government would finally put the League and the Five Star Movement to the test.

Athanasios Orphanides: Monetary policy and fiscal discipline: How the ECB planted the seeds of the euro area crisis – voxeu

Since the beginning of the euro area crisis, euro area governments have experienced greater fiscal stress than governments of advanced economies outside the euro area with comparable or weaker fiscal fundamentals. This column asks what the source of this fragility has been, how it relates to the role of the ECB in exerting fiscal discipline in the euro area, and how can it be corrected.

UNITED STATES

Editorial: Don't Be Too Relieved About Trump's Tariff Order – BB

It could have been worse. That doesn't make it good.

Trump’s Historic Bet on Kim Summit Shatters Decades of Orthodoxy – BB
Long sought by North Korea, summit holds risks for Trump administration – Reuters

  JOBS REPORT
February Jobs Report – The Numbers – WSJ

The February Jobs Report in 13 Charts – WSJ

313,000 Jobs Added, 4.1% Unemployment Rate – Bill McBride

313,000 Jobs in February; Wage Gains Cool to 2.6% - BB

313,000 jobs in February; wage growth slows – Reuters

Goldilocks again – Pictet

Jobs Report Shows Investors Are Getting Used to a Stronger Economy – WSJ

MARKETS / OTHER

"The Looming Global Trade War" In 12 Charts – ZH

Stocks & Bond Yields Jump After Mixed Messages From Payrolls – ZH

Treasury Yields Spike Into 'Danger Zone' For Stocks – ZH

REGULARS

FirstFT Daily Briefing – FT

Trump to meet Kim, Obama’s Netflix moment, why Sergei Skripal was a target

WSJ City – WSJ

Trump to Meet Kim, US Launches Tariffs, Bull Market Turns Nine

WSJ Economics – WSJ

Trump Signs Off On Tariffs | China Slams U.S. Trade Policy | Hey, It’s Jobs Day!

“Best of the web” daily charts – Lukas Daalder

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler

Today is about Jobs, but Not Really

Brussels Playbook – Politico

Tarriffic news — The Selmayr slog — A happy goodbye

Five Things You Need to Know to Start Your Day – BB

US Open – ZH

US Futures Tread Water Ahead Of "Average Hourly Earnings" Report

Frontrunning – ZH

FINNISH

Aamukatsaus – Nordea

Päivän tärkein julkistus on USA:n työmarkkinaraportti | Euro oli herkkänä keskuspankin viestinnälle | Pohjoismaissa huomio kääntyy Norjan inflaatiolukuihin

Aamukatsaus – Danske Bank