1st Jul - Post-default, waiting for referendum

Previously on MoreLiver’s:

Tuesday: D-Day for Greece, Referendum ahead

4 of my recent ones on Greece

Monday: Panic dip bought eagerly

W/E: Linkfest (mostly Greece)

W/E: Weekly Support

Friday: ”The last weekend" begins

Follow ‘MoreLiver’ on Twitter

EUROPE

  GREECE

Greece can still avoid a catastrophic exit from the Eurozone – voxeu

Who Are The Very Serious People (Greece Edition)? – Econospeak

Eurozone: It's (never) too late? – Carsten Brzeski

Eurozone: Referendum, chaos, Grexit? – Carsten Brzeski

Turbulent Outlook for Greece – PIIE

Why Greeks Still Want to Keep the Euro, in One Chart – Wolf Richter

Referendum challenges preoccupation with ‘politics of emergency’ – Europp

The Greek Referendum Outcomes Explained in One Chart – BB

Merkel says Germany won't negotiate new deal before referendum – Reuters

Merkel Addresses German Parliament: Key Points – ZH

With Greece, Is the IMF at Risk of Repeating Its Own Mistakes? – WSJ

Payment failure pitches IMF into uncharted territory – FT

Nine things to know about Greece’s IMF debt default – Conversation

ECB poised to raise heat on Greece’s beleaguered banks – FT

ECB set to keep Greece on tight funding leash – Reuters

Martin Wolf: The difficult choices facing the Greeks – FT

Explainer: How Greek contagion is being contained – FT

Tsipras backs down on Greece bailout demands – FT

Leaked: Tsipras letter concedes on many major points – FT

Greece seeks Eurogroup, ECB support after IMF default – Reuters

Markets rally on report Greece accepts creditor terms – Reuters

Greece Ready to Accept Creditors’ Proposals – BB

Sony Kapoor: Why Greece Never Got A Fair Chance – Social Europe

Leonid Bershidsky: Greeks, Welcome to the Soviet Union of 1991 – View / BB

S&P Says Greek Eurozone Exit Could Weaken Upturn in Europe – WSJ

IMF: austerity measures would still leave Greece with unsustainable debt – The Guardian

Three Scenarios for Greece and the Eurozone – WSJ

Why we recommend a NO in the referendum – Varoufakis

Greece: from default to Grexit? – Bruegel

Anders Aslund: Myths of Austerity – and Paul Krugman – Berlin Policy Journal

REGULARS

Daily Central Banks – WSJ

Hilsenrath’s Take: Fallout Contained So Far Following Greek Default * Fischer: Rates to Increase Gradually * Fed’s Bullard Shrugs Off Greek Events, Points to Chance of Sept Rate Increase * Fresh Greek Bailout Proposals Fall Short of Creditors’ Demands * Bank of England Warns Greece Threatens Financial Stability

Daily Macro – WSJ

Markets first soared on reports the Greek government has broadly capitulated to its creditors, a day after the country fell into arrears on its International Monetary Fund loans.

Morning MoneyBeat Asia – WSJ

U.S. Stocks Finish Weak First Half With Whimper

Morning MoneyBeat Europe – WSJ

Wary Gains Expected After Greece’s Well-Flagged IMF Default

Morning MoneyBeat US – WSJ

Stocks Expected to Advance in the Second Half

Danske Daily – Danske Bank

Euro rates update – Nordea

Eye-Opener – Nordea

Euro-area inflation underscores why ECB’s QE will continue for a long time * No side is in the lead ahead of Greece’s referendum on Sunday * Greece became the first advanced country ever to default on an IMF loan

Morning Markets – TF

After Greece crashed out of its IMF bailout last night and cut itself off from the oxygen of Eurozone emergency funds, Europe's currency bloc is in uncharted territory as efforts continue to prevent a full-blown Grexit.

Daily FX Comment – Marc Chandler

Deadlines Come and Go, Markets Endure

Daily Shot – TF

Resilience seems the name of the game ahead of Sunday's EU referendum in Greece with most local markets (except Greece, of course) steady or higher. DAX futures have stabilised, peripheral bonds are bid and periphery CDS spreads (again, outside Greece) remain low. Elsewhere, we've got good news from China and in the commodities sphere, grains are flying high.

Daily Press Summary – Open Europe

Tsipras prepared to accept creditors’ offer with minor changes, leaked letter shows * Booth: Greek crisis illustrates need for EU to redefine ‘ever closer union’ * Denmark to impose border checks on German border as French court rules controls on Italian border compatible with Schengen agreement * Spain’s anti austerity party vows to succeed where Syriza has failed

Brussels Playbook – Politico

Frontrunning – ZH

From the Floor – TF

What does Greece's effective default mean now? And will a strong NFP tomorrow put a September rate hike firmly back on the agenda?

FINNISH

Aamukatsaus – Nordea

EKP:n työt eivät lopu kesken | Kreikan pääministeri Tsipras on anonut kolmatta tukipakettia velkojiltaan | Iso-Britannian ensimmäisen neljänneksen BKT korjattiin ylöspäin

Miten tähän on tultu? Kun Kreikka oli vielä yksi murheenlapsi muiden joukossa – TE