Estamos leyendo: Condiciones financieras en ZE y China, política monetaria en ZE, India, México, Brasil y el mundo

Genevieve Signoret & Patrick Signoret

1. Greece, Portugal and the euro: In the dumps. Two bailed-out countries still struggle to stick to their programmes (Economist).

2. Spain’s prime minister: Rajoy there! Mariano Rajoy is under new pressure in a political-corruption scandal (Economist).

3. Portuguese President Backs Coalition: Silva Says There Won’t Be an Early Election, Ending Weeks of Political Uncertainty (WSJ).

4. Rival accuses Germany’s Merkel of deceit over euro zone bailouts (Reuters).

5. EU banks still pose systemic threat (FT).

6. Greece: Schaeuble pledges support, funds but no debt relief, yet (Kathimerini).

7. China to Scrap Controls on Lending Interest Rate (WSJ).

8. Article IV Consultation of China (IMF). China: New Round of Reforms Needed for Continued Success (IMF). I.M.F. Tells China of Urgent Need for Economic Change (NYT)

9. ECB further reviews its risk control framework allowing for a new treatment of asset-backed securities (ECB). ECB extends range of collateral it accepts to include more ABS (FT). Europe’s Bank Takes Step to Ease Lending (NYT).

10. Too easy AND too tight – the RBI’s counterproductive stop-go policies (Lars Christensen en The Market Monetarist).

11. Discurso de Manuel Sánchez González (miembro de la Junta de Gobierno de Banxico) sobre los desafíos y las perspectivas de la economía mundial.

12. Minuta de la reunión de política monetaria del Banco Central de Brasil del 9-10 de julio. Minutes support our 9.25% terminal rate forecast but the pressure for a smaller cycle should escalate (Barclays).

13. After Bernanke, Make Unconventional Policy the Norm (Adam Posen en FT vía PIIE).

14. No tapering yet for global central banks (Gavyn Davies en FT).