Note the ECB post below.
Previously on MoreLiver’s:
Roundups &
Commentary
Frontrunning – ZH
Overnight: Futures Ignore 13 Year High In French
Unemployment, Tumble In German Factor Orders; Rise On Spanish Auction – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
Daily press summary – Open Europe
Morning MarketBeat: Rally Stokes 1980s Flashbacks – WSJ
Position Adjustment Ahead of BOE and ECB – Marc
to Market
Morning
Briefing (EU/US): Yuan for the money – BNY
Mellon
Following our discussion of the outlook for
the Chinese economy yesterday, we turn our attention today towards Chinese
currency policy.
EUROPE
Unlike many
other EU countries, Germany does not have a national minimum
wage even though specific industrial sectors have one. The upper chamber of parliament, the
Bundesrat, has now proposed a minimum wage of 8.5€.
ASIA
BoJ on hold, new leadership to decide easing
strategy – Danske
Bank (pdf)
OTHER
An Infinite Amount of Money – John
Mauldin / The Big Picture
The three
major blocs of the developed world are careening toward a debt-fueled
denouement that will play out over years rather than in a single moment. And
contrary to some opinion, there is no certain ending. There are multiple paths
still available to Europe and especially the US, though admittedly none of them are
bright and carefree. There are very few paths available to Japan, as they have skipped too far down
the yellow brick road of debt.
IN FINNISH
Lisäleikkauksia,
rikollisuutta ja väkivaltaa - nyt tarvitaan uudet vakauden mittarit – SK
”Eurokriisiin johtaneiden virheiden uusiminen ei ole
vastuullista talouspolitiikkaa, vaan lietsoo taantumaa, lisäleikkauksia,
rikollisuutta ja väkivaltaa. Siksi on välttämätöntä arvioida uudestaan niitä
mittareita, joilla talouden vakautta mitataan ja ylläpidetään”, väittävät
vapaat toimittajat Joel Kaitila ja Antti Ronkainen.