Links 5 July 2013

Global Macro:

• Chavez’s 70% Gold Bet Unravels on Reserves Plunge: Andes Credit – Bloomberg
• ‘Commodities Supercycle’ Is Over – thefinancialist.com

United States:

• As America Celebrates Its Creation, Our Common Ground Is Disappearing – NationalJournal
• Repairing infrastructure can help repair economy – The Big Picture

Europe:

• ECB: Introductory statement to the press conference – European Union
• ECB Chief Gives Rate Forecast – Wall Street Journal
• Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion – Bank of England
• Sterling tumbles as Carney signals policy shift – Financial Times
• Queuing: Is it really the British way? – BBC
• U.S. stimulus curbs may spark European property price falls – Reuters

Asia:

• The world’s new largest building is four times the size of Vatican City – Quartz
• Goldman Slashes Target for China Stocks – CNBC

Local:

•  Rudd puts Asian century in play – The AFR
• Alpine property market set to improve – The AFR
• Warning on gas price hike – The Australian
• PM & Treasurer out of tune on policy – The Age

Other:

• Century’s first decade was hottest in 160 years – Financial Times