Global Macro:
- Oil rockets. Bloomberg
- US exempts China and Singapore from Iran oil sanctions. Raw Story
- Big banks, big deceit. FT
United States:
- Chicago PMI, consumer confidence miss. Calculated Risk
- US corporate profits fall for first time since the GFC. NYT
Europe:
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- Merkel’s concessions. Der Speigel
- Spanish bailout saves German pain. IFRE
- Fade the rally says Barclays. Zero Hedge
- More questions than answers. Gavyn Davies
- Europe’s unanswered questions. Zero Hedge
- Deal pessimism. Alphaville
Asia
- The Bloomberg story banned in China
Local:
- Mystery over DJ’s bidder. SMH
- Poor recover quicker. Ross Gittins
- A hoodwinking for BHP. SMH More Kloppers M&A waste…
- Generation rent. Jessica Irvine
- Dud year for shares. AFR
- Combet to cut green schemes. AFR
- Housing rocks. Bassanese
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