TOP NEWS: Week 06/01 – 06/07

Weekend 06/06 & 06/07

Turkey election: ruling party on course to lose majority – guardian
Greece and Ukraine crises drown out G7 summit agenda – Reuters

ICVT: new US Convertible Bond ETF by BlackRock – etftrack
Capex Recovery Is Worst In History, BofAML Says – Zerohedge
Turks Go to Polls to Decide on Erdogan’s Political Ambitions – Bloomberg
In Major Escalation, Yemen Rebels Fire Scud Missile Into Saudi Arabia – Zerohedge
Capital Controls Explained: Argentina Edition – Zerohedge
Africa To Launch A Cairo-To-Cape Town Free Trade Area That Is Bigger Than The European Union – ee
How the inclusion of China A shares in MSCI EM Index may spook Indian stock markets – economictimes



Friday 06/05
Greece vows not to leave the euro after IMF payment defiance – live updates – guardian
Greek Banks On Verge Of Total Collapse: Bank Run Surges “Massively” As Depositors Yank €700 Million Today Alone – Zerohedge
The prospects for shaking up Japanese firms have never looked so good – economist
US Adds 280K Jobs In May, Much Higher Than Expected, Yellen Gets Green Light To Hike – Zerohedge
OPEC refuses to cut oil production – cnn
Assets invested in the global ETF/ETP industry broke through the 3 trillion US dollar milestone at the end of May – etfgi
Greece postpones IMF payment; snap elections possible – Reuters
Five Things Everyone Will Be Talking About Today – Bloomberg
China shares breach 5,000 level first time since 2008 – bbc



Thursday 06/04
Greek talks continue after Tsipras rejects creditors’ offer – live updates – guardian
HDLS, DXUS: new International Hedged Dividend ETFs by WisdomTree – etftrack
Greece Unable To Make €300 Million IMF Payment, Requests “Bundling” – Zerohedge
Germany’s bond rout is a taste of things to come – Marketwatch
This Is What Capital Controls Will Look Like In Greece – Zerohedge
The Real Reason Why There Is No Bond Market Liquidity Left – Zerohedge
Fed Urged by IMF to Postpone Rate Liftoff to First Half of 2016 – Bloomberg
IMF Panics – Slashes US Growth Forecasts, Demands Fed Stay On Hold For Another Year – Zerohedge
C-Suite Gamblers – The Real “Dumb Money” Inflating The Bubble – Zerohedge
Greece Staff Level Agreement proposal – scribd
Greece’s Protracted Bailout Dispute Sends Tsipras to Parliament – Bloomberg
The Real Reason The US Economy Simply Won’t Grow: Lowest Worker Productivity In 22 Years – Zerohedge
This one chart explains the chaos we’re seeing in the bond market right now – businessinsider
Marc Faber: Forget a Fed rate hike; QE4 coming – cnbc
Apple raises $2 billion from its first yen bond – ap
Here’s the next stage in global currency wars – cnbc
Russia In “Full-Blown Crisis,” Comparable To 2009 Crisis, Ex-Finance Minister Says – ee
Russia, India Inch Closer To $40 Billion Gas Pipeline – ee
German Bonds Shown No Respite Extending Worst Euro-Era Decline – Bloomberg
China stocks dive amid margin jitters, bond weakness – Marketwatch
Australian Retail Stagnates as Trade Deficit Blows Out to Record – Bloomberg
Can Europe Survive Without Greece? – fp



Wednesday 06/03

Greek creditors to deliver bailout offer today – live updates – guardian
Gundlach: Federal Reserve won’t raise interest rates this year – Marketwatch
GUNDLACH: Treasury yields are going higher – businessinsider
Gross’s Next Short Is China’s Stock Index – But Not Yet – Bloomberg
ISM Services Plunges To 13 Month Lows As Post-Weather Bounceback Fades – Zerohedge
Euro Powers Through 1.12, Is 1.15 Next? – bkam
Here’s What Defaults Did to Other Countries as Greece Teeters – Bloomberg
Bunds Crater Most This Century – Zerohedge
Treasury prices plummet again, following Europe’s bond rout – Marketwatch
Draghi’s “Expect More Volatility” Comments Spark Turmoil Across Markets – Zerohedge
German bond yields jump after Mario Draghi’s ‘volatile’ comments – telegraph
BANK OF AMERICA: Investors are suffering from ‘Stockholm syndrome’ — and the endgame looks ugly – businessinsider
Mario Draghi in spotlight, hikes inflation forecast – cnbc
Trade Gap in U.S. Narrows More Than Forecast as Imports Recede – Bloomberg
ADP Employment Bounces, Still Weaker Than All Of 2014, 3rd Monthly Decline In Manufacturing Jobs – Zerohedge
What’s OPEC Going to Do With Iran’s Million Barrels a Day? – Bloomberg
Greek default: An epic tragedy? – cnbc
China is the epicenter of global deflation – businessinsider
What’s Next For Greece: Q&A – Bloomberg
Blatter Exit Sparks Qatar Stock Selloff on World Cup Concern – Bloomberg
Greek Stalemate Leaves Tsipras Face Final Creditor Offer – Bloomberg
OECD warns lack of investment could prompt new global slowdown – guardian

Eurozone Composite PMI–Job creation at 4-year high as employment rises across ‘big-4’ nations – markit

German Service sector activity growth slowest in 2015 so far – markit
Euro-Area Bonds Wipe Out 2015 Profit as ECB Confronts Volatility – Bloomberg
French service sector activity rises for fourth successive month – markit
SocGen: 4 reasons to remain bullish on Japanese equities – businessinsider
Italy Services PMI points to further growth of service sector business activity – markit
Hong Kong Has Another Boom-to-Bust Stock Mystery: Digital Domain – Bloomberg
Spain Services PMI: Service sector employment rises at fastest pace since September 2007 – markit
Sensex slumps about 500 points intraday, rupee breaches 64/$, Unitech plunges 50% – et
India Services PMI: Private sector output expands at weaker rate amid reduction in services activity – markit
China Services PMI: Service providers see sharpest rise in new orders for three years – markit
Japan Services PMI:New business in service sector expands at quickest pace since November 2014 – markit
Australia GDP: gap between company growth and employee wages is Australia’s ‘income challenge’ – smh
Australia GDP: Economy grows 2.3pc but household incomes go nowhere – abc
Tsipras to meet Juncker in Brussels for talks on agreement – kathimerini



Tuesday 06/02

Hopes for Greek breakthrough after emergency summit – live updates – guardian
US auto sales are crushing expectations – businessinsider
Housing-Hungry Hong Kong Weighs Price of Green Space – wsj
ECB extends ELA limit by 500 mln euros – ekathimerini
Vanguard to add China A-shares to its broad emerging markets ETF – Reuters
Goldman Sachs to Companies: Stop Buying Back Your Stock – Bloomberg
Does Greece Have a Diabolical Plan B? – Bloombergview
Greek default draws closer as opposing sides swap ultimatums – telegraph
RBA waiting for the Fed to make the first move – MP – fxstreet
Factory Orders Scream Recession, Drop 6% From Year Ago In Sixth Consecutive Drop – Zerohedge
U.S. Core Fixed Income Performance at a Crossroad – wisdomtree
Germany’s dominance is ending – telegraph
Greek PM Tsipras has ‘realistic’ debt deal proposal – bbc
Developed-Country Inflation Hits Fresh Low, OECD Says – wsj
Higher inflation sets German yields for biggest jump in 3 years – Reuters
Eurozone | Core inflation accelerates in May – bbva
Euro-Area Consumer Prices Rise for First Time in Six Months – Bloomberg
ECB’s QE is stirring market volatility, warns financial regulator – Marketwatch
ECB meeting preview – ING – fxstreet
Germany-April 2015: employment up 0.5% on a year earlier – destatis
Spanish jobless claims fall further in May – Marketwatch
India Predicts Below Average Monsoon Rainfall as El Nino Emerges – Bloomberg
RBI makes third 25 bps rate cut this year – Reuters
RBA Coy on Further Rate Cut After Holding Fire; Aussie Jumps – Bloomberg
32% of German exports went to the G7 countries in 2014 – destatis
China Debt Markets Show Stress Amid Duck Supplier’s Default – Bloomberg
Moody’s: RBNZ’s proposal on capital is credit positive for NZ banks – moodys
European, IMF leaders agree to work intensely in Greek debt talks – Reuters
That 1914 Feeling – nyt
Greece to invest $2 bn in Turkish Stream, will sign memorandum asap – Energy Minister – rt



Monday 06/01

Greece’s creditors meet to discuss crisis tonight as deadlines loom – live updates – guardian
Merkel, Hollande and Juncker to Meet in Berlin in Attempt to Save Greece – Bloomberg
HSBC Joins JPMorgan: Prepares To Unveil Up To 20,000 Job Cuts – Zerohedge

Will Greece Join These Deadbeats That Missed Debt Payments to the IMF? – Bloomberg
French Unemployment Surges By Most In 7 Months To New Record High – Zerohedge
Bank of America: U.S. Home Prices Set for a Fall in 2017 – Bloomberg
Greece may need to default on debts as IMF deadline looms, warns Goldman – guardian
Greek Default, Deposit Blocks, New Government “May Be Necessary” To End Impasse, Goldman Says – Zerohedge
“By Almost Every Measure Stocks Are Overvalued” Warns Goldman After Slamming Corporate Buybacks – Zerohedge
Why to Pay Attention to Today’s Buyback Boom – blackrock
The ECB Did Just As It Leaked To Its Hedge Fund Friends: European QE Activity Jumped By Over 8% In May – Zerohedge
Global manufacturing growth ticks higher in May – markit
Manufacturing Growth Speeds Up for First Time in 6 Months – nyt
US Manufacturing PMI Weakest Since Jan, ISM Beats, Construction Spending Spikes Most In 3 Years – Zerohedge
US Mfg: Slowest increase in manufacturing new orders for almost a year-and-a-half – markit

“The Fed Has Been Horribly Wrong” Deutsche Bank Admits, Dares To Ask If Yellen Is Planning A Housing Market Crash – Zerohedge
US Savings Rate Jumps As Americans Again Spend Less, PCE Tumbles – Zerohedge
How Long Can OPEC Maintain Its Current Strategy? – Zerohedge
UK Manufacturing output rises on solid domestic demand – markit

Eurozone manufacturing recovery continues in May – markit

Germany: PMI dips to 3-month low as production growth slows further – markit

France: Contraction of French manufacturing sector eases in May – markit
Italy: Manufacturing PMI climbs to highest for over four years in May – markit

Markit Spain Manufacturing PMI: Growth of output sharpest since April 2007 – markit

HSBC India Manufacturing PMI: PMI rises in May as growth of output and new orders strengthens – markit

HSBC China Mfg PMI: Manufacturing output contracts for first time in 2015 so far – markit

Japan Mfg PMI: Operating conditions improve at Japanese manufacturers – markit

The Best And Worst Performing Assets In May – Zerohedge
Key Events In The Coming “Most Impotant Jobs Report Ever” Week – Zerohedge
EU regulators tell 11 countries to adopt bank bail-in rules – Reuters

Leave a Reply

Your email address will not be published.