#Greece to face cash crunch in 'couple of weeks,' says FinMin http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_12/05/2015_549938 … via @ekathimerini
Greece's banks hold enough eligible collateral to access an additional €14 billion in emergency liquidity assistance funds - EU sources
#Greece’s ELA to reach limit soon, MNI suggests. Greek banks hold eligible collateral to access €93bn ELA, just €14bn above current €78.9bn.
Manos Giakoumis retweeted
Cash reserves of #Greece gg entities transferred to BoG at €600.3 mln, €64.5 mln from local governments and €535.8 mln from other gg bodies.
GREEK GOVT RAISES EU600M FROM STATE ENTITIES' FUNDS TRANSFER ...who knew it was so easy?
IMF not keen to be involved in a third bailout for #Greece, Spanish daily @elmundoes reports. http://www.elmundo.es/economia/2015/05/12/55510bc222601da0418b456b.html …
250.000 Unsold Properties in Greece’s Crisis-hit Real Estate Market http://dlvr.it/9mnkTr #GreekNews
#Greece used up to Eur 650m reserves from its IMF account to pay IMF loan payment of 750m: Kathimerini reports
So here's the catch on the IMF paying the IMF thing. The reserves need to be replenished within a month = Greece no money, needs a June deal
Sound as a pound: Sterling climbs to fresh 2015 high on strong econ data.
Euro jumps above $1.12 as Fed's Dudley signals no shift in Fed policy. Says he doesn't know when Fed will raise rates
Fabrizio Goria retweeted
Good idea. David Cameron may bring EU referendum forward to 2016 http://gu.com/p/48acc/stw
*AUSTRIA WON'T TAKE ON CARINTHIA'S HETA GUARANTEES: SCHELLING
USD continues to get slapped about
DAX slammed 2.2%
U.K. MARCH MANUFACTURING OUTPUT RISES 0.4%; ESTIMATE 0.3% GAIN U.K. MARCH INDUSTRIAL OUTPUT RISES 0.5%; ESTIMATE NO CHANGE
And they're off... #Bunds
Spanish bonds falling out of bed
Morning Note: 1. Greece 'relief.' Anything changed? 2. Kerry heads to Russia to meet Putin 3. Bond rout. Oz battered.
China Could Hold Oil Market To Ransom, Tops US As World's Largest Importer http://www.zerohedge.com/news/2015-05-11/china-could-hold-oil-market-ransom-tops-us-worlds-largest-importer …
Japanese Govt Bonds Are Crashing After Weakest Auction Since Lehman http://www.zerohedge.com/news/2015-05-12/japanese-govt-bonds-are-crashing-after-weakest-auction-lehman …
China's Banks Obscure Credit Risk, Face "Insolvency" In Property Downturn, Fitch Says http://www.zerohedge.com/news/2015-05-11/chinas-banks-obscure-credit-risk-face-insolvency-property-downturn-fitch-says …
AUSTRALIA BONDS FALL AS 10-YEAR YIELD CLIMBS 18 BPS TO 3.03%
@graemewearden on the ashes Vs Oz debt. Chart of the day.