Global Macro:
- Convertibility risk: Acknowledged by not addressed Yanis Varoufakis
- Gross to Investors: Stay away from Europe CNBC
- Taiwan’s July exports: dismal BeyondBrics
- German factory orders fall twice as much as forecast Bloomberg
- Rice hoard offers world respite as food costs surge Bloomberg
United States
- Housing inventory down 23% YoY in August Calculated Risk
- Weekly hotel occupy rate above 75% for first time since 2007 Calculated Risk
- Fed official calls for bond buying WSJ
Europe:
Advertisement
- Italian Q2 GDP falls 0.7% BBC , IP down too, while Monti wins approval for more cuts Reuters
- Greece sells 6mth T-bills as yields ease Ekathimerini
- Monti clarifies his statements on national parliaments Spiegel
- Germany and Italy near blows on euro Ambrose Evans-Pritchard
- German opposition backs fiscal union FT
- IMF pushes Europe to ease burden on Greece WSJ
- Greece agrees with Troika on strengthening policy BusinessWeek
Asia:
- Indonesia to allow currency hedging for banks: Islamic Finance Jakarta Globe
- Rare earths banks roll North Korea’s future Asia Times
- Electricity use seen overstating China economic slowdown Bloomberg
- PBOC to strengthen monetary policy fine tuning China Daily
- Get more China Links later in the daily “China Links” post from Sinocism
Local:
- From South Pacific peso to Southern franc FTAlphaville
- Tech giants hoard reserves in AUD AFR
- Swan uses Costello rule on NBN costing AFR
- Threat of new water front war over automation TheOZ Locked
- Warning on PM’s powerplay TheOz
- Barrick says MRRT makes no difference Herald Sun
- Senators to judge post-GFC impact on banks SMH
Interesting/Different
Advertisement
- Xstrata to cuts costs and Capex FTAlphaville
- Rogue Standard Chartered Unit hid $250bn in Iran deal ny.gov
- Standard Chartered PLC says they didn’t do it
- Spain proves that austerity can never “Ensure” a balanced budget New economic perspectives
- The case for vacation The Altantic