Global Macro/Markets:
- The global economy is now distinctly Victorian – Financial Times
North America:
- Fed’s Evans Won’t Rule Out September Pullback in Bond Buying – Wall Street Journal
- Bubblephobes, Rejoice: Asking Home Prices Declined in July – Trulia Trends
- Americans With Best Credit in Decades Drive U.S. Economy – Bloomberg
- Summers-Yellen debate could threaten the economy – Washington Post
- Obama to Seek Limited U.S. Mortgage Role – Wall Street Journal
- How Much Is Job Market Really Improving? – Wall Street Journal
- Labour markets: In search of higher wages – The Economist
- Fed Tapering Depends On August Jobs Data – Business Insider
- Canada Housing Agency Caps Mortgage-Securities Guarantees – Bloomberg
- CoreLogic: House Prices up 11.9% Year-over-year in June – Calculated Risk
Europe:
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- Forward guidance and the ECB – VOX
- Italy’s recession expected to set new record today – theguardian.com
- A strong commission is the key to a stable Europe – Financial Times
Asia:
- China orders US baby formula recall in milk scare – Fox News
- No-one can contain China, scholar says amid territory rows – Fox News
- French Villa Linked to Fallen China Leader – Wall Street Journal
Local:
- RBA “risks house price bubble” – The AFR
- Retirees find risk attractive again – The AFR
- Aversion to debt stifling nation’s growth – The AFR
- Abbott’s company tax vow – The Age
Other:
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- Raghuram Rajan to head up India central bank – Financial Times
- Indian Rupee Falls to Record Low – Wall Street Journal
- Liberalization Increases Growth – Marginal Revolution