Roundups &
Commentary
News – Between
The Hedges
Markets – Between
The Hedges
The Closer – alphaville
/ FT
US: 3:30PM Ramp Proves Helpless To Preserve Streak – ZH
EUROPE
ESM Bank Aid Delayed by German Push to Slow
Banking Union – BB
Germany has secured
French support to delay rules on direct bank aid from the euro area’s firewall
fund, calling into question when the tool will be available, according to two
European officials.
EU Seeks Role in Bank Shutdowns That Goes
Against German Plan – BB
The European
Commission is seeking to give itself the power to shut down failing euro-area
banks as part of a draft crisis blueprint that defies German calls for a more
decentralized approach.
Turkey: Macro and FX Outlook - Moderate
recovery ahead – Danske
Bank (pdf)
France: 2013 Article IV Consultation Concluding
Statement – IMF
Spain’s Crisis Fades as Exports Transform
Country – BB
UNITED STATES
Trade Deficit in U.S.
Widened From Three-Year Low – BB
Trade Deficit
increased in April to $40.3 Billion – Calculated
Risk
US April Trade Deficit Rises But Less Than Expected – ZH
The US trade deficit - a
mixed picture – Sober
Look
ASIA
China’s debt servicing cost and dat Minsky
moment – alphaville
/ FT
A little update on
China’s growing debt-to-GDP ratio, which has caused much alarm and puzzlement
this year.
OTHER
Inflation Slows Across Most Developed Countries – WSJ
The annual rate of
inflation across developed economies fell to its lowest level in three and a
half years during April, a development that opens the way for leading central
banks to continue to shore up weak growth through stimulus measures.
What is the opposite of helicopter money? – alphaville
/ FT
This is a short
follow-up to Monday’s negative rate confusion and prepay-tax option post.
361 Capital Weekly Research Briefing – The
Reformed Broker
FINNISH
Asiantuntija
Kreikka-vakuuksista: Varautukaa oikeudenkäynteihin – MTV3
Suomen Pankin entinen johtaja, arvostettu
ekonomisti Heikki Koskenkylä arvostelee valtiovarainministeriötä ja
Kreikka-vakuuksia.
Oikeustieteilijät:
Valtiovarainministeriö uhmasi perustuslakia – HS
Päätöstä kreikkalaisten pankkien sopimusten
salaamisesta kirjoitettiin asianajotoimistossa
Ulkoistiko
VM perustuslain vastaisesti julkista valtaa? – Jyrki
Virolainen
Jutta
Urpilainen lyttää Kreikka-kritiikin: ”HS:n juttu ei pidä paikkaansa” – US
Miksi
Suomi pitäisi kiinni oikeuksistaan kun ei ole pitänyt aikaisemminkaan? – Tyhmyri
Näkökulma::
Jutta ja veronmaksajat – IL
Valtiovarainministerin moitteet
perussuomalaisten mainoksesta ovat populismia, kirjoittaa politiikan toimittaja
Tommi Parkkonen.