Google Analytics

Tuesday, July 3

3rd Jul - US Close: Booring

Boring and nothing much happening: summit hangover, US closed tomorrow, ECB ahead.



Follow ‘MoreLiver’ on Twitter or Facebook

Markets – Between The Hedges
The Closer – alphaville / FT
Market Commentary – A View From My Screens
Tyler’s European Summary – ZH
  Europe Squeezes Green But Safe-Havens Remain Bid
Tyler's US Summary – ZH
  Gold And Stocks Soar As Risk Recouples

Debt crisis: live – The Telegraph
The Euro Crisis Blog – WSJ
Tracking Europe’s Debt Crisis – NYT
FX Options Analytics – Saxo Bank
European 10yr Yields and Spreads – MTS indices

EURO CRISIS
Euro Zone Headed For Chaotic Breakup – Thomson Reuters
Economist Simon Johnson calls the collapse of the euro zone inevitable and suggests that the Federal Reserve suspend the distribution of capital to the too-big-to-fail banks as an insurance policy against the fallout.

Flooring the ESM – alphaville / FT
The ESM is too small, and even if it were not, its purchases of sovereign bonds would not necessarily help.

Cajas or Landesbanken? – alphaville / FT
German banks are not that good.

ECB preview: Time for ECB to deliver rate cut – Danske Bank (pdf)

Is Germany losing its influence over Europe? – Wonkblog / WP

Massive fraud of EU funds rarely reported by member states – euobserver

OTHER
Clueless: Meet the Overprecise Pundits – The Psy-Fi Blog
Most short-term opinions on markets or any system that includes human beings as part of the machinery are generally worthless in a financial sense.

LIBOR: Everything You Want to Know, but were Afraid to Ask – TF Market Advisors

Markets continue to rise – Kiron Sarkar / The Big Picture
Market roundup / commentary

Follow ‘MoreLiver’ on Twitter or Facebook