Tuesday, 7 July 2015

Financial Orbit wrap 07/07/15

Five sentences or graphics which sum up the Financial Orbit output over the last 24 hours across the website, twitter account and anything else thought about...

1. Big Tuesday meeting of all the European finance ministers and heads of state…time for some movement from the creditors? I mean it does matter:

Well it would help if Greece had come up with some proposals...maybe that will be tomorrow then.  In the meantime we are at peak Grexit:


2. Turning to China we don't just have volatility...but we also have a market which increasingly is not trading (h/t @george_chen):

BREAKING: Another 173 firms announced to suspend trading tonight - in total 942, or 1/3 of all listed firms in China stock market are halted

Meanwhile commodity prices have been weak as Chinese growth has abated.

(h/t @M_McDonaugh)

Unfortunately US oil production has not yet responded to the lower rig count: 

3. A really fascinating report on Italy by the IMF (link here) who note a lack of growth historically and prospectively...

...not to mention some structural rigidity issues: 

4. I muse in my latest Share Prophets column about the potential opportunity at Rolls Royce with the shares now deep below the £8 level (link here).  

5. Finally...what a great presentation (link here) about markets in Q3.  Very tempted to put together a formal posting highlighting my favourite charts.  If you cannot find at least one chart that really interests you then let me know!

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