TOP NEWS: Week 06/22 – 06/28

Weekend 06/27 & 06/28

Euro falls broadly as Greek default looms – Reuters
Cautious Merkel on verge of biggest risk with ‘Grexit’ – Reuters
Economist Who Coined ‘Grexit’ Now Says Greece Will Stay in Euro – Bloomberg

Germany To Tourists: If You Go To Greece, Bring Plenty Of Cash – Zerohedge
EU Offers Greek Voters 10-Point Plan on June 26 Bailout Offer – Bloomberg
Some stuff you should know about Greece before you lose your s*** – thereformedbroker
“Artificial” Phantom Liquidity Will Disappear In “Adverse, Turbulent” Markets, BIS Warns – Zerohedge
China central bank eases policy again to support economy – Reuters
Greece crisis live: shock referendum throws bail-out future into chaos ahead of crunch Brussels meeting – telegraph



Friday 06/26

Greece crisis: markets open lower ahead of weekend talks – live – guardian
Greek Bank Deposits Fall to 11-Year Low – Bloomberg
Greek debt sustainable in most scenarios, even worst does not require a haircut – Reuters
The Indian central bank chief who saw the 2008 crash coming thinks the world is now facing Great Depression-era problems – businessinsider
BofAML: These Asset Classes Are Most at Risk When Interest Rates Rise – Bloomberg
An attacker carrying an Islamist flag reportedly set off explosives and decapitated someone at a factory in France – businessinsider
Shanghai Down 7.4%: First Large Wave Of Margin Contracts Expire – barrons
Japan’s inflation rate edges up to 0.1% in May – Marketwatch

Japan: Where Is The Economic Recovery? – barrons
China brokerage Guotai Junan Securities soar after IPO – bbc
Morgan Stanley Says Don’t Buy the Dip as China Stock Rally Peaks – Bloomberg



Thursday 06/25

Greek crisis: Bailout talks resume in race for a deal – live updates – guardian
For The First Time Ever, QE Has Officially Failed – Zerohedge
Dijsselbloem Says ‘Saturday Or Bust’ On Greece Deal – Cancels Leaders Summit – Zerohedge
4 ways China is opening its markets to the world – pimco
US Services PMI Misses By Most On Record, Tumbles To Lowest Since January – Zerohedge
IMF to Fed: Your ‘dots’ are confusing – businessinsider
These Three Events Will Shatter “Liquidity Illusion”, Trigger Crisis, OECD Says – Zerohedge
Greek debt crisis: Everything you need to know – usatoday
Personal Spending Surges Most Since August 2009 As Savings Rate Tumbles – Zerohedge
What a Saudi-Russian partnership would mean for world energy – businessinsider
Bundesbank Slams ECB’s “Bridge Financing” To Greece – Zerohedge
OBAMA: I saved the stock market – businessinsider
HTUS: new US Equity Strategy ETF by HTAA – etftrack
The Biggest Threat To Chinese Stocks: “Shadow Lending” Crackdown – Zerohedge
Greek bailout talks stumble over significant differences – Marketwatch


Wednesday 06/24

Greek crisis: Ministers aim to agree bailout deal tonight as backlash builds – live updates – guardian
Greece Talks End With No Deal; Will Resume Thursday- Official – mni
US Fast Tracks TPP: Good For Vietnam, Malaysia, Japan; Bad For China – barrons
We Are Reaching Peak Energy Demand, BP Data Suggests – Zerohedge
Is Greece Lehman Brothers, or Is It RadioShack? – nyt

In Historic Shift, Russia Overtakes Saudi Arabia As China’s Number One Oil Supplier – Zerohedge
Final Q2 GDP Revision Confirms 3rd Negative GDP Quarter Of The “Recovery”, Inventory Build Up Flashing Red – Zerohedge
European Stocks Retreat as Creditors Reject Greece’s Proposals – Bloomberg
French Unemployment Hits Record High: 80th Consecutive Month Of Rising Joblessness – Zerohedge
China Furthers Monetary Easing, To Abandon Loan-To-Deposit Ratio: So What? – barrons
UK rents are surging to all-time highs making them much higher than in Europe – Notayesmanseconomics
OECD: Low Interest Rates Pose Threat to Pension Funds, Life Insurers – nasdaq
Tsipras Says Creditors Didn’t Accept His Greek Aid Proposal – Bloomberg
Germany Creates Jobs While Greece Destroys Them – Bloomberg
Greek crisis: Deal or no deal? – cnbc
German Business Confidence Falls as Greek Risk Weighs – Bloomberg
Japan shares end day on more than 18-year high – bbc



Tuesday 06/23

Greek crisis: Athens and creditors race to reach deal this week – live updates – guardian
Bond Funds Get Crazy for Cash – barrons
The World’s Biggest Economies Are About to Feel the Impact of China’s Slowdown – Bloomberg
Durable Goods Order Bounce Dead; Biggest Drop Since 2009 – Zerohedge
Greece Is in a Worse Spot Than America Was in 1933 – Bloomberg
UK: Number of families buying their own home falls for first time in a CENTURY as dream of buying a property ‘dies’ for millions – dailymail
Economically Key Industrial Metals Complex Is Breaking Down – Zerohedge
Euro Falls as Attention Shifts From Greece to Policy Divergence – Bloomberg
Flash Eurozone PMI hits 4-year high in June – markit

Sensex heads for longest winning streak in nearly five months – Reuters
India Rupee Declines, Sensex Up: Monsoon Effect? – barrons
Germany PMI: Private sector output increases at stronger rate, but new order growth slows – markit

ECB Said to Raise Cap on Emergency Liquidity for Greek Banks – Bloomberg

China ‘flash’ manufacturing PMI shows improvement – Marketwatch

China Manufacturing output stabilises as new orders improve slightly – markit
Japan Manufacturing PMI: Operating conditions little changed in June – markit


Monday 06/22

Greek crisis: Markets surge on hopes of last-minute deal – live updates – guardian
Jakobsen: Why Stocks Will Fall & EUR Rise No Matter What Happens In Greece – Zerohedge
Goldman’s “Conspiracy Theory” Stunner: A Greek Default Is Precisely What The ECB Wants – Zerohedge
A ‘worrying sign’ for oil prices is floating on the Atlantic – businessinsider
Existing Home Sales Spike To Highest Since Nov 2009 As Prices Soar For Expensive Homes – Zerohedge
Inflation is so bad in Venezuela that an iPhone costs more than $47,000 – businessinsider
Greek Banks “Unofficially” Limit Walk-In Withdrawals To €3,000, FT Reports – Zerohedge
How Europe is managing Greece’s default risk – soberlook
China Margin Debt Shrinks First Time in a Month Amid Stock Rout – Bloomberg
ECB’s Nowotny – Greek banks have funding extension for today – Reuters
Eurogroup ministers downplay hopes of imminent Greek deal – Marketwatch
ECB increases emergency lending to Greek banks – Marketwatch
Greek crisis: Who’s meeting, when on Monday – Marketwatch

Swiss Central Bank Tries to Ride Out European Storm – Bloomberg
Juncker Urges Euro Area to Weigh Common Treasury by 2025 – Bloomberg

Shanghai stocks are little help for China economy – Marketwatch
Goldman And SocGen Unleash The “C”-Word: ECB Alone Can’t Contain Grexit Risks – Zerohedge

Leave a Reply

Your email address will not be published.