It will be a very light-volume, meaningless day today, ahead of the US independence day tomorrow. Only ECB's meeting and the expected rate cut and possible but unexpected other measures will be of interest this week.
News &
Recap – RanSquawk
/ ZH
Frontrunning
– ZH
The Lunch
Wrap – FT
EM New York
headlines – FT
Overnight
summary – Bank of America / ZH
Today’s
front pages – presseurop
Daily press
summary – Open
Europe
Morning
MarketBeat: Short Interest on the Rise – WSJ
Broker Note
Briefing – WSJ
Morning
Take-Out – NYT
Currencies
Continue To Consolidate – Marc
to Market
The T
Report: – TF Market Advisors
Pre-market
Commentary – Marketwatch
Pre-Market
Trading – CNNMoney
Pre-Market
– NASDAQ
US Equity Preview – Bloomberg
Earnings
& Events – The
Street
MarketCurrents
– Seeking
Alpha
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
EURO CRISIS
Betting odds on euro breakup and sovereign
defaults – Intrade
Italian lessons for the eurozone – The
World / FT
If Italy cannot prevent regional differences from getting bigger and bigger, how on earth will a central fiscal authority and economic policy makers do so for the euro area?
If Italy cannot prevent regional differences from getting bigger and bigger, how on earth will a central fiscal authority and economic policy makers do so for the euro area?
Learning by imagining (nightmare Eurexit
scenarios) – alphaville
/ FT
Paths to eurobonds – bruegel
EU Summit Winner Was Merkel – Mish’s
What the EU agreed last week, what it did not
and what happens next
– euobserver
(Yesterday’s) ISM manufacturing report revealed
clear signals of global weakness. Does
it point to an impending US recession? Not necessarily. Does it point to additional Fed easing? Also not necessarily. In short, I don't think this data is yet
sending a particularly clear signal about the US economy.
Emerging Markets Quantitative Review – Long
Room / FT (pdf)
Morgan
Stanley’s 106-page giant (free registration
required).
Safe Assets – Long
Room / FT (pdf)
Goldman
Sachs research note (free registration
required).