Plenty of charts today:
Earlier on
MoreLiver’s:
Europe and China in a recession |
The Bloomberg Consumer Comfort index & SPX |
Uptrend intact, but channel low is far below... |
Pullback to resistance levels possible - short there |
The EURUSD is tickling the trendline |
Roundups & Commentary
News –
Between The Hedges
Markets – Between
The Hedges
The Closer
– alphaville / FT
Recap – Global
Macro Trading
Time is
Money and other Fetishes – Marc
to Market
Tyler’s US Summary – ZH
Equities
Plunge Most In A Month As Gold And Treasuries Extend Gains
Reference
Debt
crisis: live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
EUROPE
The Finns are being hard-nosed because they
face their own hardship – The Economist
Finns may not be dreaming of a future outside
the single currency, but their reluctance to help makes them a prime example of
the “rescue fatigue” now afflicting much of northern Europe (including the Netherlands, which has an election of its own next month). That constraint is one
reason why markets’ sunny mood about the euro crisis may not last far into the
autumn.
The Finn red line – The Economist
Finland has least to gain from a grand bargain to save the euro. That could
prove a big problem
Goldman’s Ex-ECB economist predicts euro bank
bailout via unlimited ECB short-dated intervention – Credit
Writedowns
Interpreting Angela Merkel: The subversive
chancellor – The Economist
A new book argues that Angela Merkel only
values her own power
OTHER
EMEA Weekly, week 35 – Danske
Bank (pdf)
Fed minutes suggest strongly that QE3 is coming
in September – Kiron
Sarkar / The Big Picture