Roundups &
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
Recap – Global Macro Trading
The Closer – alphaville / FT
EUROPE
The EU’s new bank bailout agency: a preview – Brussels
blog / FT
With Brussels gearing
up for tomorrow’s much-anticipated unveiling of the European Commission’s
proposal for a new EU agency to take over responsibility for bailing out and
restructuring failing banks, we thought it was as good a time as any to post
the outline of the plan presented to commissioners last month.
Building Banking Union – ECB
Speech by Jörg
Asmussen, Member of the Executive Board of the ECB, at the Atlantic Council, London,
9 July 2013
UNITED STATES
Fumbling Through the Fog Around Too Big to Fail – View
/ BB
ASIA
Why I Became a Chinese Shadow Banker – View
/ BB
OTHER
World Economic Outlook Update – IMF
IMF Reduces Global
Growth Outlook as U.S. Expansion Weakens – BB
IMF cuts global growth
forecast as emerging markets slow – Reuters
Going Down...IMF
Lowers World Growth – Forbes
Less Growth,
Inadequate Policies – Macro
and Markets
IMF: Global growth is
projected to remain subdued at slightly above 3 percent in 2013, the same as in
2012. This is less than forecast in the April WEO, driven to a large extent by
appreciably weaker domestic demand and slower growth in several key emerging
market economies, as well as a more protracted recession in the euro area.
361 Capital Weekly Research Briefing – The
Reformed Broker
You can't deny global warming after seeing this
graph – Wonkblog
/ WP
FINNISH
Sisäisen devalvaation anatomiasta – Tyhmyri