Ireland studies the Greek bailout for ideas on how to exit its own bailout-hell. ECB is happy as it does not need to publish details of how Goldman Sachs helped Greece to hide its debt in order to get the euro membership. Happy times.
Previously on MoreLiver’s:
Roundups &
Commentary
Frontrunning – ZH
Overnight: A Market Only A Mother Could Love – ZH
The Lunch Wrap – alphaville
/ FT
Emerging N.Y. headlines – beyondbrics
/ FT
Today’s front pages – presseurop
Daily press summary – Open Europe
Morning MarketBeat: Stock Rally Faces Technical
Obstacle – WSJ
Broker Note Briefing – WSJ
Mr Market Feeling Better – Marc
to Market
The T-Report: You Look Great in Blue, Buy This Pink
Dress – TF
Market Advisors
US session ahead
Pre-market
Commentary – Marketwatch
Pre-Market
Trading – CNNMoney
Pre-Market
– NASDAQ
Earnings
& Events – The
Street
MarketCurrents
– Seeking
Alpha
Reference
Debt crisis
live – The
Telegraph
The Euro
Crisis Blog – WSJ
FX Options
Analytics – Saxo
Bank
European
10yr Yields and Spreads – MTS indices
Economic
Calendar – Forexpros
EUROPE
Ireland
will scour the euro zone's new Greek aid deal for anything that would help
Dublin's efforts to pull free from its own EU/IMF bailout as scheduled next
year, Finance Minister Michael Noonan said on Thursday.
Cyprus could agree a bailout deal with
euro zone finance ministers by mid-December and get a first tranche of funds to
shore up its banks by the end of January, its finance minister said on
Thursday.
It was foreseeable that Europe’s economic recovery would be
delayed, however the lesson does not seem to have been learned by European
governments – europp
/ LSE
ECB Wins Ruling to Deny Access to Secret Greek
Swap Files – BB
Goldman Wins Again As European Union Court Rules To Keep ECB Involvement In Greek Debt Fudging A Secret – ZH
Swedish retail sales drops – Nordea
UNITED STATES
How cheap are stocks? (Two views) – Humble
Student
ASIA
China’s over-investment
problem – alphaville
/ FT
A new IMF
working paper lays out what many China sceptics have been saying for
years: the country has too much investment, and households are bearing the
costs.
OTHER
Morning Briefing (EU/US): Yuan To Be Starting
Something? – BNY
Mellon
Is China thinking of a shift in currency
policy?
The death of volatility? – alphaville
/ FT
Central
bank puts have done a great job of removing tail risks…In FX, the move in
volatility has been notable:
Economic Outlook
Global – Here comes the sun – Nordea (pdf)
or read the summary