31st Jul - Low Q2 wage growth kills inflation outlook

30th Jul - US GDP minor disappointment

29th Jul - Fed explains not much

28th Jul - Markets find bottom ahead of Fed

27th Jul - Nasty risk-off on China's sell-off

26th Jul - W/E: Weekly Support

Here are the links to the weekly roundups, reviews and also previews of the beginning week. Last week's 'Support' here. This post will be updated as new material is published.

24th Jul - China's PMI not good

23rd Jul - Risk-off continues

22nd Jul - Greek parliament votes

21st Jul - Risk-off in Eq, FX and a new IMF chief-eco

20th Jul - Krugman & Beckworth hit europhiles

19th Jul - W/E: Linkfest

19th Jul - W/E: Weekly Support

Here are the links to the weekly roundups, reviews and also previews of the beginning week.

17th Jul - German parliament says 'Ja'

16th Jul - Greek bridge built, ECB increases ELA

16th Jul - Guest: Credit - A Cadmean victory

Cross-post from Macronomics:

15th Jul - Greek parliament votes

14th Jul - Waiting the Greek parliament

Previously:

Monday: ”Deal”: an agreement to negotiate

Monday: Greece update

W/E: Linkfest

Friday: Greek weekend ahead

Follow ‘MoreLiver’ on Twitter

EUROPE

ECB Preview: Questions about Greece, Greece and ... Greece – Danske Bank

ECB preview: for Greece, it’s a waiting game – Nordea

The agreement between Greece and the three institutions takes some suspense out of the ECB’s monetary policy meeting on Thursday. Still, important questions related to Greece will dominate the press conference:  ELA, the T-bill issuance limit, Greek banks’ health. As long as a bailout is not a done deal, the ECB can hardly remove any restrictions. Monetary policy will play second fiddle. We expect no changes and no indications of upcoming policy changes either.

How A "Eurozone Breakdown" Became A True Black Swan Event – ZH

In May not a single respondent even mentioned EZ breakdown as risk – in July it perceived the biggest tail risk.

Results of the July 2015 euro area bank lending survey – ECB

Olivier Blanchard fails to recognise two major IMF mistakes in Greece – Bruegel

Professor Blanchard Writes a Greek Tragedy – Bruegel

Spanish bemoan humiliating defeat in Brussels – FT

The Euro – A Monetary Strangulation Mechanism – Lars Christensen

  GREECE

Greek crisis turns European – George Magnus

There is no Greek deal – Politico

The Troika And The Five Families – Automatic Earth

Einhorn Says Europe Letting Greece Collapse to Stop Populism – ZH

Greek Crisis Talks Put French-German Ties to the Test – WSJ

The all-nighter that kept Greece in euro – Politico

Gideon Rachman: Germany’s conditional surrender – FT

Finally, Greece Has a Chance to Rebound – PIIE

AEP: Greece is being treated like a hostile occupied state – The Telegraph

The IMF May Twist Itself Again to Help Keep Greece Afloat – WSJ

The German view on Greece: “There is no sense of glee about this.” – WaPo

Mark Gilbert: Greece and Europe: An Unhealthy Affair – View / BB

Editors: Greece Should Just Quit – View / BB

Charles Wyplosz: The new European Union – VoxEU

Clive Crook: Europe Owns This Disaster – View / BB

Greeks Rebel Against Bailout, Risk Collapse – Yves Smith

Greece needs debt relief far beyond EU plans - Secret IMF report – Reuters

Greece May Need Even More Debt Relief, Financing Than IMF Estimated – WSJ

I love Germany. And Greece. And especially Finland – Steve Waldman

Greece and the Future of Europe – Marc Chandler

Schäuble undermines Greek deal – Politico

IMF May Walk Away From Greek Bailout – ZH

 

REGULARS

Daily Central Banks – WSJ

Hilsenrath’s Take: Janet Yellen Has Relationship Issues * Yellen’s Fed Flounders in Political Arena * U.S. Finds ‘No Single Cause’ of Treasurys Tremor * Wall Street’s Top Cop Takes Harder Line * ECB To Leave Emergency Lending for Greek Banks Unchanged

Daily Macro – WSJ

Having been preoccupied with Greece and China for much of the past month, investors switched their attention to Iran on Tuesday following a landmark deal between the country and global powers, led by the U.S., over its nuclear program. The deal could yet fail – there’s plenty of mistrust on both sides – but for now it raises the prospects of a hefty stream of Iranian oil hitting an already glutted global economy. Little wonder that crude prices continued to fall in early trading. Elsewhere, Chinese equities pulled back slightly following the hefty rally of the previous three sessions and eurozone equities suffered a bout of profit-taking in a post-Greek deal breather. Now comes the hard part for the Greek government–legislating and implementing its agreement.

Morning MoneyBeat Asia – WSJ

U.S. Stocks Rally as Europe Steps Back From the Edge

Morning MoneyBeat Europe – WSJ

Markets Pause After Monday’s Euphoria

Morning MoneyBeat US – WSJ

Banks Should Boost Overall Earnings Growth Rate

Danske Daily – Danske Bank

Euro rates update – Nordea

Eye-Opener – Nordea

Eurogroup discusses bridge financing while Tsipras faces a revolt * US retail data and inflation prints from UK and Sweden * Holland’s Dijsselbloem won vote to continue as Eurogroup president

Morning Markets – TF

WTI crude is drifting lower as the global powers look to be reaching an agreement on Iran's nuclear programme.

Daily FX Comment – Marc Chandler

Consolidation Awaiting Fresh Developments

Daily Shot – TF

The onerous terms of that deal means Greece will almost certainly be back at the negotiating table in the not-too-distant future.

Daily Press Summary – Open Europe

Tsipras faces party rebellion as Greek parliament prepares to vote on bailout measures * UK could face request to underwrite €850m share of Greek bridging loan * Dijsselbloem re-elected Eurogroup President for second term * Le Figaro: Greek deal should serve as a warning to France that Europe is merciless * Romanian Prime Minister Victor Ponta refuses to step down over corruption charges * UK faces fine over handling of EU farm payments

Brussels Playbook – Politico

US Open – ZH

Stocks Get Second Thoughts About Greek Deal: Turn Red From China To Europe

Frontrunning – ZH

FX Update – TF

EURUSD is trading below 1.1000 this morning, a significant level that opens the way for 1.0500 and beyond, provided the parliamentary votes on the Greek deal in Greece and across Europe don’t throw up any roadblocks.

From the Floor – TF

The Greek deal is in, and markets appear confident that the Greek parliament will ensure its safe passage in tomorrow's vote. Why, then, does everything still feel so... unresolved?

FINNISH

Aamukatsaus – Nordea

Kreikan eurojäsenyys edelleen ohuen langan varassa | Tänään julkaistaan USA:n vähittäismyyntiluvut | Ruotsissa inflaatio hidastuu hieman

Paavo Väyrynen: Kansanäänestys Suomen jäsenyydestä euroalueessa – US

Jussi Saramo: Eurooppalainen unelma kuoli – US

Teollisuuden liikevaihto helmi-huhtik. väheni runsaat 2% YoY – Tilastokeskus

Palvelujen liikevaihto helmi-huhtik.  +4,8% YoY – Tilastokeskus

Inflaatio kesäkuussa -0,1 prosenttia – Tilastokeskus

13th Jul - "Deal": an agreement to negotiate

13th July - Greece update

12th Jul - W/E: Linkfest

10th Jul - Greek weekend ahead

9th Jul - Greece submits

8th Jul - Greece's deadline now Sunday

7th Jul - More Greece. IMF Art.4 on US, Italy

6th July - Only Greece

5th Jul - Greece Referendum Preview Special

3rd Jul - Random reading: Sovereign Default

3rd Jul - Greece referendum polls split

1st Jul - Post-default, waiting for referendum