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Wednesday, March 7

7th Mar - Morning Briefs

Here are the morning briefs, plus central bank meeting previews and a Greek debt swap guide from the Danske Bank. For a good summary of articles, Tue recap and my views, please refer to last night’s post Risk...OFF!.  I am on Twitter, Facebook, email and paper.li


News roundup – Between The Hedges
News roundup – The Trader
Emerging London Headlines – beyondbrics / FT
Press digests by Reuters: FT, WSJ, NYT

Bad macro from Brazil & Australia, possible new talks with Iran, Greek debt swap

Morning BriefingBNY Mellon 
Jen Weidmann's recent publically expressed opposition to the ECB's loosening of collateral rules might reveal a deeper concern.

Market PreviewSaxo Bank
With Asian markets trading lower, European markets are set to open in negative territory Wednesday on lingering worries that Greece may be unable to finalise a bond swap deal with its creditors by tomorrow.
Debt crisis: live – The Telegraph
Europe Crisis Tracker – WSJ
Tracking Europe’s Debt Crisis – NYT
 
ECB preview: ECB easing coming to an endDanske Bank (pdf)
Bank of England preview: Soft landing?Danske Bank (pdf)

Possible outcomes of the Greek debt swapDanske Bank (pdf)
Three main scenarios, over 90% (swap proceeds), 75-90% (no voluntary PSI) and below 75% (forced restructuring and even more austerity)