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News
roundup – Between
The Hedges
News
roundup – The
Trader
Emerging
Markets Headlines – beyondbrics
/ FT
The 6am Cut
London – alphaville
/ FT
Market
Summary – Commodities
Trader
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
EUR treads water after Turnaround Tuesday
Market Preview: US Retail Sales data in focus – Saxo
Bank
European markets are likely to open higher
Wednesday, following their Asian peers, as investors await US retail sales data due
later today. Investors' concerns still persist as Italian and Spanish 10-year
bond yields continued to soar yesterday.
Danske Daily – Danske
Bank (pdf)
Spanish bond yields surge to euro-era record
high on continued concerns about Spain’s debt
sustainability. Modest market impact – stock markets moderately higher and EUR
trading largely unchanged. ECB and Bundesbank disagree on bank union
feasibility
Morning Briefing – BNY
Mellon
There continues to be an uncomfortably familiar
feel to recent events.
Share a currency, with them? – Free
exchange / The Economist
all parties committed themselves to the union
when they joined the euro. And having done so they face potential catastrophe
if they allow it to fracture.
Encumbered sovereigns – A Fistful of Euros
ECB’s latest
report talks about why banks have difficulties loaning money because of lack of
capital and subordination. But the same logic should be applied to sovereigns
as well!
"Dead Before Arrival": Bundesbank
Shoots Down EU Banking-Union Proposal; Eight Lessons the EU Needs to Learn – Mish’s