Previously on MoreLiver’s:
Roundups & Commentary
US Opening News And Market Re-Cap –
Ransquawk / ZH
Frontrunning
– ZH
The Lunch
Wrap – alphaville
/ FT
Emerging
N.Y. headlines – beyondbrics
/ FT
Today’s
front pages – presseurop
Daily press
summary – Open
Europe
Morning
MarketBeat: Consumers Still Gloomy – WSJ
Broker Note
Briefing – WSJ
Morning
Take-Out – NYT
AM Dear
Dairy: Calm – Macro and
Cheese
US session ahead
Pre-market
Commentary – Marketwatch
Pre-Market
Trading – CNNMoney
Pre-Market
– NASDAQ
US Equity Preview – Bloomberg
Earnings
& Events – The
Street
MarketCurrents
– Seeking
Alpha
Reference
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
EUROPE
German lawmakers say "Grexit" not
just economic risk –
Reuters
Germany's raucous internal debate on whether to keep Greece in the euro zone is
too narrowly focused on financial factors and should also weigh up the wider
geopolitical risks of a "Grexit", senior officials in Chancellor
Angela Merkel's party say.
Merkel under pressure over ECB banking union
role – euobserver
Angela Merkel is coming under mounting pressure
from the Bundesbank and the sister party of her Christian Democrat group to
block EU plans to make the ECB the central supervisor of a eurozone banking
union.
With every hour that passes, we need the EU
less and less – The
Telegraph
The people of Britain - and Europe - have seen through the great project. When will the elites catch up?
SocGen’s Annotated European Event Calendar – ZH
EUROPE: SPAIN
Couple of
charts from Goldman Sachs
Spaniards pull more money out of banks in July – Reuters
A rush by consumers and firms to pull their
money out of Spanish banks intensified in July, with private sector deposits
falling almost 5 percent as Spain was sucked into the
centre of the euro zone debt crisis.
Spain received some good news today, as it was
able to sell 3-month T-bills at a yield of less than 1%. Still, plenty of
challenges remain.
EUROPE: ECB
Lending to euro zone households dips in July:
ECB – Reuters
Loans to households in the euro zone fell in
July, reflecting weak domestic demand, while loans to companies ticked up only
slightly, suggesting a credit squeeze persists despite ECB efforts to provide
liquidity, data showed on Tuesday.
Flash comment: M3 growth could be ECB's next
problem – Danske
Bank (pdf)
Draghi To Miss Jackson Hole Forum; All Rumors
Now To Focus On Sep 6 Meeting – ZH
ASIA
Variant
Perception: We believe the RBA will ultimately be forced to take
similar action to developed market central banks either by aggressively cutting
interest rates or propping up banks through domestic open market operations
akin to the liquidity injections seen by the ECB.
3 things that delay Chinese government
stimulus, according to Barclays – ASA
OTHER
Stress Indicator returns; Watch risk events in
September – Saxo
Bank
Weak exports and decent imports explain the
weak trade balance in July. The trade balance came out at a mere SEK 3.7bn,
well below consensus at SEK 7.5bn and lower than last year’s 7.4bn.
Peak cheap oil is an incontrovertible fact – The
Telegraph
If the looming global oil crunch has been
postponed for another decade or two as widely alleged, this is far from obvious
in today’s commodity markets.
IN FINNISH
Virkamiehet: Tämän
vuoksi Kreikka ei tarvitse lisää lainaa – TalSa
Uusi ”Moskovan Tiltu”
rohkaisee Suomea irtautumaan eurosta – TE
Puheenaihe:
Kokoomuksen kalut kateissa – AL