3rd July Links: RBA day

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Global Macro:

United States:

Europe:

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  • Finland to block ESM secondary bond buying Reuters, but can they ? It wouldn’t be the first time the Finns forgot to read the fine print.
  • New high for euro zone jobless Reuters
  • European banks bolster capital with shunned bonds Bloomberg
  • Ireland boosted by EU Fund deal FT
  • German constitutional court will hear complaints against the ESM on July 10 HandelsBlatt (via translate)
  • Greek diaspora tapped for donations to cancel greek debt Bloomberg

Asia

Local:

  • Disappearing DJs bid leaves egg on face BusinessDay
  • No limit to NSW state jobs cleanout SMH , I doubt there is in Queensland either
  • Defence deal with Indonesia AFR
  • Sony’s the frontrunner for local mortgage market AFR.
  • Carbon tax ‘a threat to jobs’ says report TheOz (locked)
  • Home buyers swamp market on first day of Queensland’s re-instated stamp duty concessions CourierMail
  • Australia among top destinations for rich Chinese BusinessDay
RBA:
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  • International predictions WSJ
  • RBA tipped to keep rates on hold ABC
  • They’ll hold because of Europe TheOZ
  • They’ll hold because of property prices TheAge
  • They’ll drop because of Inflation ABC
  • McKibbin wants them up AFR
  • Unions want them down CFMEU
Other:
  • A fight over claims Rajiv Sethi
  • 10 reasons countries fall apart Foreign Policy
  • What economists need to know about the modern money creation process Vox
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