United States: The Fed: On Course and On the Money
Investors – as opposed to variable-frequency traders – should not play the game of trying to pinpoint the timing, the extent and the speed of policy changes by the U.S. monetary authority (Fed). (Source: CNBC)

Sweden: Sweden’s Social Democrats Claim Election Victory after Austerity Backlash
Sweden’s centre-left Social Democrat leader, Stefan Lofven, emerged as victor in Sunday’s general election after a voter backlash against tax and welfare cuts by the centre-right government, but faced challenges forming a strong coalition as he fell short of a parliamentary majority. (Source: The Guardian)

Russia: Russia to Create Anti-Crisis Fund to Aid Sanctions-Hit Companies
The Russian Finance Minister, Anton Siluanov, declared that next year, the government will create a multi-billion fund to help the Russian companies hit by sanctions. The funds will come from the money destined for the Pension Fund and some left over in this year’s budget. (Source: Reuters)

Netherlands: Exports Growth Picks Up in July
Dutch exports grew 4.1% over the same month last year in July, which came in above June’s 3.2% rise. The acceleration was mainly driven by re-exports. (Source: RTT News)

Europe: Draghi’s $3.9 Trillion Ambition Seen Stretched in Survey
Mario Draghi’s 3 trillion-euro ($3.9 trillion) ambition could be a stretch to achieve. New stimulus measures ranging from long-term loans to asset purchases probably aren’t enough to expand the European Central Bank’s balance sheet back to the size its president would like, Bloomberg’s monthly survey of economists shows. (Source: Bloomberg)

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