TOP NEWS: Week 06/15 – 06/21

Weekend 06/20 & 06/21
Greece to present proposals to creditors ahead of crunch meeting – Marketwatch
EU report proposes EU-wide deposit insurance by 2017 – Reuters
“It’s Time To Hold Physical Cash”, Fidelity Manager Warns Ahead Of “Systemic Event” – Zerohedge
UK Government Study Finds: If Nothing Is Done, Expect Civilizations’ Collapse By 2040 – Zerohedge
Meanwhile, Greece Is Quietly Printing Billions Of Euros – Zerohedge
“The Collateral Has Run Out” – JPM Warns ECB Will Use Greek “Nuclear Option” If No Monday Deal – Zerohedge
Macro Weekly – Ten big questions on Greece – abnamro


Friday 06/19

Greek crisis: Emergency meetings as bank fears grow – live updates – guardian
Why Greek Government Bonds Are Not Crashing (Spoiler Alert: There’s NO Trading) – Zerohedge
ECB Gives Greek Banks Barely Enough Cash To Cover One Day’s Bank Run – Zerohedge
ECB raises emergency funding for Greek banks by $3.7bn – cnbc
Europe Is Primed for a Profit Margin Renaissance – Bloomberg
As US Soars, Chinese Stocks Crash 13% – Worst Week Since Lehman – Zerohedge
China Stocks Enter Correction as BlackRock Sees Bubble Bursting – Bloomberg
Gazprom just signed a monumental deal with Shell – Reuters
Deflation No More? Draghi Loves What the Weak Euro Is Doing – Bloomberg
Greece Is No Lehman Brothers to European Markets – Bloomberg
Chinese stocks were annihilated today – businessinsider
European Council announces emergency summit over Greece – financialexpress

Greek bank deposit outflows topped 1 bln euros on Thursday: sources – Reuters
Chinese stocks were annihilated today – businessinsider



Thursday 06/18

Greek crisis: Eurozone finance ministers hold last-ditch talks to avoid ‘catastrophe’ – live updates – guardian
Still Deadlocked With Greece, Europe Sets Emergency Summit Meeting – nyt
Moscow Furious After Both Belgium And France Freeze Russian State Assets – Zerohedge
PureFunds ISE Cyber Security ETF™ (HACK) Surpasses $1 Billion in AUM – Marketwatch
Philly Fed Bounces But Employment Plunges & Costs Soar By Most In 42 Years! – Zerohedge
George Soros Warns Washington To “Mend Relations With China” Or Face World War 3 – Zerohedge
Greek Deal Won’t Save the Country’s Banks – Bloomberg
CPI Misses Despite Surge In Gasoline Prices, Core Inflation Rise Is Smallest In 2015 – Zerohedge
Gold prices up nearly 2% on Fed’s dovish tone – Marketwatch
Eurozone pay growth rises sharply – Marketwatch
China Banks Turning Net Foreign-Exchange Buyers Stabilize Flows – Bloomberg

Merkel accuses Greece of breaking its pledges despite ‘unprecedented help’ – guardian
Norway cuts rates, with further reduction likely – Marketwatch
UK retail sales growth slowed in May – bbc
Why should we care about Greece? – cnbc
China’s Stocks Sink, Heading for Biggest Weekly Loss Since 2009 – Bloomberg
China’s May foreign direct investment up 7.8 % – Marketwatch

China Home Prices Suggest a Turnaround – nyt

Chinese securities trader launches largest domestic IPO – xinhuanet
New Zealand posts weakest GDP growth in two years – Marketwatch



Wednesday 06/17

Greek crisis: Austria shows solidarity as default risks grow – live updates – guardian
Chinese buyers replace Canadians as top foreign buyers of U.S. homes – Marketwatch
Buy a Flat, Get a Porsche as China Developers Rush to Sell – Bloomberg
Fed funds futures pricing in a 22% chance of liftoff in September – Marketwatch
FOMC Forecasts Economic Improvement But Sees Weaker Inflation, Sets Tone For September Rate Hike – Zerohedge
Fed keeps rates unchanged as it still eyes hikes this year – Marketwatch
With The Spread Between CPI And PCE Blowing Out The Most Since 2009, Is The Fed Making A Big Mistake – Zerohedge
Greeks admit they will default at the end of the month as central bank turns on government – telegraph
Greece’s own central bank is warning the country will painfully crash out of the EU without a bailout – businessinsider
Greek Exit Would Shake, but Most Likely Not Shatter, Eurozone – nyt
U.K. Wage Growth Accelerates as Jobless Rate Holds at 5.5% – Bloomberg
Ifo Institute Upwardly Revises GDP Forecast for Germany to 1.9 Percent in 2015 and 1.8 Percent in 2016 – cesifo
Greece Just a Distraction With Fed Rate Hike Looming, UBS Says – Bloomberg



Tuesday 06/16

Greek crisis: stock markets slide as default fears grow – live updates – guardian
Russia cuts US debt holding by more than 40% over year – rt
How Greek Capital Controls Would Work If Aid Talks Collapse: Q&A – Bloomberg
German economic sentiment drops to 7-month low – Marketwatch
U.K. prices rise in May after April dip – Marketwatch
OMT Decision By EU Top Court Sets Europe On Renewed “Collision Course” With Germany – Zerohedge
Draghi Gets EU Top Court’s Backing for 2012 Bond-Buying Plan – Bloomberg

TUTI: new Global Multi Asset Income ETF by Tuttle Tactical Management – etftrack
German Consumer prices in May 2015: +0.7% on May 2014 – destatis

Swiss growth forecast hit by strong franc – Marketwatch
Greece Won’t Present New Proposal to Eurogroup to Unlock Aid – Bloomberg
Hedge Fund Bears Dominate S&P 500 – Bloomberg

RBA Restates Need for Aussie Drop as Growth Below Average – Bloomberg
Bank Of America Begins 66-Day Countdown Until The Terrible Ghost Of 1937 Returns – Zerohedge



Monday 06/15

Greek default fears hit markets after talks break down – live updates – guardian
China Dumps Record $120 Billion In US Treasurys In Two Month Via Belgium – Zerohedge
Europe draws up Greek capital control plans as default is ‘all but a certainty’  – telegraph
Russia says NATO plan for eastern Europe may have ‘dangerous consequences’ – businessinsider
Greece accuses Europe of plotting regime change as creditors draw up ultimatum – telegraph
Eurozone To Impose Capital Controls On Greece If No Deal By Weekend: German Press – Zerohedge
U.S. industrial production falls 0.2% in May, below expectations – Marketwatch
US Industrial Production Weakest Since January 2010, Flashes Recessionary Red Flag – Zerohedge
US Empire Fed Manufacturing Survey Plunges To Lowest Since January 2013 As Inventory Optimism Crashes By Most Ever – Zerohedge
Morgan Stanley: It’s Tough to Beat The S&P 500 and This is Why – Bloomberg
E.U. Urged to Plan for Greece to Default – nyt
Swiss Face Recession Threat, Rate Firepower Seen Near Empty – Bloomberg
Timeline: What’s Coming Next for Greece? – Bloomberg
Bank Of America: The Biggest Risk to Global Stocks Is Exactly the Opposite of What Most People Think it Is – Bloomberg
Russia Slows Easing Pace as Ruble Thwarts Deeper Rate Cuts – Bloomberg
Saudi Arabia hopes for ‘activist investors’ as bourse opens up – cnbc

Brexit: How it could harm the UK, according to S&P – cnbc
Draghi Faces EU Court Ruling on 2012 Bond Plan as Greece Teeters – Bloomberg
Eurozone trade surplus widened in April – Marketwatch
China’s stock market is now worth over $10 trillion – cnn
Greece Enters Fateful Week as Brussels Talks End Fruitlessly – Bloomberg
Asian stocks bruised as Greek default fears rise – cnbc
Tsipras Hardens Greek Stance After Collapse of Talks – Bloomberg
Key dates in the Greek debt crisis – fr24
Is it time to get out of junk bonds? – cnbc
IMF chief economist: Tough choices in Greek deal – Marketwatch
UBND: new Unconstrained Bond ETF by WisdomTree – etftrack
SPUN: new Global Spin-Off ETF by Market Vectors – etftrack
Europe’s imperial court is a threat to all our democracies – telegraph

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