Previously on MoreLiver’s:
Roundups &
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
Recap – Global
Macro Trading
The Closer – alphaville
/ FT
Tomorrow’s Tape: Retail Sales, Import Prices – WSJ
European Summary – ZH
US: "Psychologically, We Closed Positive" – ZH
Morning
Briefing (Asia): – BNY Mellon
EUROPE
The Eurobeatings Will Continue – Krugman
/ NYT
Mario
Draghi’s actions, by stabilizing markets and bringing down spreads, bought Europe quite a lot of time; Europe is determined to waste all of it.
When economists attack: Krugman vs Rehn, Part 3 – Brussels
blog / FT
Will the German Social Democracts come out in
favour of debt pooling in the eurozone? – Open
Europe
The Return of the Tobin Tax? – PIIE
Algirdas
Semeta, EU Commissioner for Taxation, recently toured Washington touting the decision by eleven of
the 17 members of the euro area to adopt a common financial transactions tax
(FTT).
UK
Threats by Japan's Prime Minster Abe to changed the
BOJ's charter faced broad criticism for threatening the independence of the
central bank. Some officials reacted more strongly to this than to the
bilateral exchange rate targets some officials were suggesting.
Time to Buy the Pound – The
Source / WSJ
ECB
When Is A Promise Not A Promise? – A Fistful
of Euros
Mario
Draghi is proving to be a man of his word. He said he would do whatever he
needed to do to hold the Euro together, and – so far so good – he has…Last
Thursday he openly and publicly turned a blind eye to a blatant example of
monetary financing
German Central Bank Profits From ECB Bond
Buying – WSJ
SPAIN
An Offer You Cannot Refuse; EU Passes Law
Forcing Countries to Take Bailout; Is Spain the First Target? – Mish’s
CYPRUS
Making the truth illegal – Golem XIV
For the
last couple of months I have been working on a long story on Cyprus, Money laundering and the Magnitsky
case
Small
though it is, Cyprus is emblematic of this current debt
crisis.
UNITED STATES
361 Capital Weekly Research Briefing – The
Reformed Broker
Fallible beings – Buttonwood
/ The Economist
ASIA
Australia may be set for a record 22nd
straight year of economic expansion, but it will not save the federal budget or
Prime Minister Julia Gillard’s job.
OTHER
Overview of Hot Spots in Emerging Markets – Marc
to Market