5th July Links: ECB watch

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Global Macro:

  • Interest rate cut on the cards at ECB FT
  • Bob Diamond questioned by MPs on Barclays Libor scandal The Gaurdian
  • A step at last in the right direction Martin Wolf
  • Only a lunatic would join the EU: Swiss minister TheLocal
  • Eurozone retail sales edge up but trend still weak BBC

United States:

  • How Stockton went broke: A 15-year spending binge Reuters
  • Housing inventory continues to fall CalculatedRisk

Europe:

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  • EuroZone services sector continues to shrink in June BBC
  • Merkel faces coalition troubles over euro-bailouts EUobserver , Spiegel
  • Most Germans Reject Ceding Sovereignty to EU, Stern Poll Shows Bloomberg
  • Romania government moves to suspend, impeach president Reuters
  • Hollande unveils 7bn-euro tax rise for rich and firms BBC
  • Greece seeks easing of bailout as troika visits IrishTimes
  • Lagarde not in the mood for Greek renegotiation BusinessWeek

Asia

Local:

  • AUD next in line for yuan deal AFR
  • Push begins to promote study in Asia AFR
  • Carbon dealing not over for labour TheOZ Locked
  • Provident implosion exposes low-doc risk TheOZ Locked (h/t somablu)
Other/Interesting:
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