Jonathan Ferro @FerroTV
Morning Note: 1. MSCI holds off on China stocks. 2. Tsipras Merkel Hollande head to Brussels. 3. Kuroda slaps USDJPY
fred walton retweeted
#Finland | Nobody talking about this...APR INDUSTRIAL PRODUCTION Y/Y: -4.0% V -4.5%
Jonathan Ferro retweeted
Kuroda lifts yen, Bunds get slammed and yet another meeting on Greece. Here's what's been talked about this morning http://bloom.bg/fivethings
.@NeoSephiroth86 @JensKlattFX @gsignoret Yield spreads betw 10y UST & Bunds have narrowed. Thats part of explanation.
10yr Bund yields and Euro move together like Siamese twins.
GERMAN 10-YEAR YIELD CLIMBS TO 1%, FIRST TIME SINCE SEPT. 25
U.K. APRIL INDUSTRIAL OUTPUT RISES 0.4%; EST. 0.1% GAIN U.K. APRIL FACTORY OUTPUT FALLS 0.4%; EST. 0.1% GAIN
*GERMAN GOVT OFFICIAL SAYS MERKEL-TSIPRAS TALKS NOT CONFIRMED
French construction output collapses 6.4% on 3m/YoY basis in April. Something badly wrong here.
#France | APR INDUSTRIAL PRODUCTION M/M: -0.9% V 0.4%E; Y/Y: -0.1% V 1.0%E
#Greek Turnover Index in Wholesale Trade in the Q1 2015 compared with the Q4 2014 decreased by 5.6%. !!
#Greece raised €1.625 bln from 6-m T-Bill auction at 2.97% & €1.3 bln from 3-m at 2.7% (both yields unch from prev month). #economy #markets
#Greece in deflation 4 the 27th straight month, CPI -2.1 in May. http://www.macropolis.gr/?i=portal.en.economy.2599 … #economy #euro #ec #ecb #imf
Six Charts Show Six Months of Economic Unraveling for Greece http://www.bloomberg.com/news/articles/2015-06-10/six-charts-show-six-months-of-economic-unraveling-for-greece …
Peter Spiegel retweeted
Back to the drawing board. Again. @SpiegelPeter on the latest Greek reform plans >> http://on.ft.com/1L130VR
* German Fin Min spokesman says at moment talks are continuing so any question of extending bailout is inappropriate - RTRS
TALK ABOUT EXTENDING GREECE’S SECOND PROGRAM MISPLACED: JAEGER
German Lawmakers To Vote Against Greek Bailout Saying Athens "Not Serious At All" http://www.zerohedge.com/news/2015-06-10/german-lawmakers-vote-against-greek-bailout-saying-athens-not-serious-all …
Nathan Tankus: The Operational Issues of a Grexit Part One: Understanding the Payments System: The Greek rulin... http://bit.ly/1IEWqnA
* German Fin Min spokesman says in theory it is possible to extend greece's second bailout programme - RTRS
THIRD GREEK AID PROGRAM NOT ON THE AGENDA NOW: GERMANY So how is ECB getting paid then?
* German government spokeswoman says Merkel has no conditions before possibly meeting Tsipras - RTRS
Recap: @PrimeministerGR meeting with @eucopresident in 15', meeting with @JunckerEU not in sight, meeting with Merkel+Hollande unconfirmed.
* German government spokeswoman says Merkel works very closely with Fin Min Schaeuble on Greece and there is mutual trust - RTRS
Latest Greek proposals "don't reflect state of discussions" with lenders, European Commission spokesman says. #Greece
EU's Schinas: #Greece's latest reform proposals "do not reflect" state of last week's #Juncker - #Tsipras talks.
Moscovici sounds like he gave Greeks a ticking off last night. Primary surplus targets not good enough for an audience with Merkel today?
Guardian reporting that the IMF and other creditors insisting on the 1% primary deficit target ffor Greece for this year,
* EU commission says ball now clearly in the court of the greeks in cash-for-reform talks - RTRS
Brussels briefing underway - live feed http://ec.europa.eu/avservices/ebs/live.cfm?page=1 …
German MP warns Greece's plans aren't serious - live updates http://www.theguardian.com/business/live/2015/jun/10/greece-creditors-reforms-tsipras-merkel-hollande-live …
Minister of Health Kouroumblis says that "Obama is in panic mode because of #Greece"
Amid rumors that Tsipras-Merkel-Hollande meet may not happen, Greek gov source reports no feedback to revised proposals.
*GERMANY'S FUCHS SAYS CURRENT GREEK OFFER `NON-NEGOTIABLE'
Finland's Foreign Minister says Greece will not automatically be granted new aid if required http://m.france24.com/en/20150609-finland-more-reliable-greeces-syriza-says-eurosceptic-fm?ns_campaign=reseaux_sociaux&ns_source=twitter&ns_mchannel=social&ns_linkname=editorial&aef_campaign_ref=partage_aef&aef_campaign_date=2015-06-09&dlvrit=65413 …
GREECE TALKS THIS WEEK SAID TO MAKE NO PROGRESS TO END IMPASSE
GREECE, CREDITORS SAID TO DISAGREE ON TARGETS, MEASURES