EURO CRISIS : PORTUGAL CREDIT....JUNK!.....2nd BAILOUT ?

Moody's cuts Portugal to junk, warns on 2nd bailout | Reuters: "Moody's cuts Portugal to junk, warns on 2nd bailout"

EURO CRISE : MOODY 'S ABAISSE LE PORTUGAL ....SA NOTE? ...RISQUÉ !

Moody's abaisse la note du Portugal de quatre crans - LeMonde.fr: "Moody's abaisse la note du Portugal de quatre crans"

MÉXICO ¿CÓMO VA HOY? (Martes, julio 05, 2011)

MERCADOS MEXICANOS-�Qu�dicen los analistas? 5 de julio | Titulares | Reuters: "MERCADOS MEXICANOS-�Qu�dicen los analistas? 5 de julio"

WORLD CRISIS : CHINA 'S BANKS' OUTLOOK MAY BE SOURING ON LOANS!

China Banks’ Outlook May Be Souring on Loans - Bloomberg: "China Banks’ Outlook May Be Souring on Loans"

STERLING : U.K. BUDGET SQUEEZE....BRAVO!

Cameron Presses On With U.K. Budget Squeeze - Bloomberg: "Cameron Presses On With U.K. Budget Squeeze"

AUSTRALIAN DOLLAR : AUSTRALIA LEAVES RATE UNCHANGED!

Australia Leaves Key Interest Rate at 4.75% - Bloomberg: "Australia Leaves Key Interest Rate at 4.75%"

MOODY 'S WARNS ON CHINA 'S DEBT!

China 's local government debt understated by �337 billion | Reuters: "China 's local government debt understated by �337 billion"

EURO CRISIS : GREECE.......DEFAULT RATING?

S&P threatens Greece with default rating - CNN.com: "S&P threatens Greece with default rating"

EURO CRISE : LA GRÈCE.....PERDRE SA SOUVERAINETÉ?

Pour Juncker, la Gr�ce devra se r�soudre �perdre une grande partie de sa souverainet�- LeMonde.fr: "Pour Juncker, la Gr�ce devra se r�soudre �perdre une grande partie de sa souverainet�"

EURO CRISIS : BREAKUP......UNAVOIDABLE?

Europe’s bigger crisis waiting to happen | The Great Debate UK: "Europe’s bigger crisis waiting to happen"

MÉXICO ¿CÓMO VA HOY? (Lunes, julio 04, 2011)

MERCADOS MEXICANOS-�Qu�dicen los analistas? 4 de julio | Titulares | Reuters: "MERCADOS MEXICANOS-�Qu�dicen los analistas? 4 de julio"

WORLD ECONOMY (Weekly Agenda July 04 -- 08, 2011)

AHEAD OF THE CURVE!

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(July 04 -- July 08, 2011)

WORLD:  ; NORTH AMÉRICA: ***United States:Independence Holiday (July 4th): Factory Orders (05); MBA Mortgage Applications (06); ISM Services Composite (06); Weekly Jobless (07); Bloomberg Consumer Comfort (07); DOE Oil Inventories (07); FED's Hoenig Speaks (07); ICSC Chain Store Sales (08);Unemployment Rate (08); Avg Hourly Earnings (08);  Wholesale Inventories (08); Consumer Credit(08); ; México; Manufacturing PMI (04); Producer Confidence (04); Factory Orders (04); Consumer Confidence (05); Coincident and Leading Indexes (06); Public Safety Perception (06); Manufacturing by State (07); Electricity by State (07); June Inflation (07);BANXICO Rate Decision (08); BANXICO's Governor Comments (08); ; Canada; Raw Materials Inflation (04); Building Permits (06); New Housing Prices (07); IVY PMI (07); Unemployment Rate (08);   ;EUROPE;  ; Britain: Employment Confidence (Sunday 03); Construction PMI (04); Halifax House Prices (05); Services PMI (05); New Car Registrations (07); Industrial Production (07); Manufacturing Production (07);BoE Rate Decision (07);BoE Asset Purchase Target (07); GDP Estimate (08); Producer Prices (08);     ;Switzerland: Retail Sales (04); Consumer Prices (07); Unemployment Rate (08);    ; EURO-ZONE: Investor Confidence (04); Producer Prices(04); Services PMI (05); Composite PMI (05); Retail Sales(05); ECB Rate Decision (07);    ;Germany: Services PMI (05); Factory Orders (06); Industrial Production (07);Current Account (08); Trade Balance (08);  ; France: Services PMI (05); Trade Balance (07); BoF Business Sentiment (08); Central Government Balance (08);    ;Italy: Services PMI (05); Industrial Production (08);   ;---ASIA, PACIFIC:---Japan: Monetary Base (Sunday 03); BoJ Quarterly Branchs Meeting (04);Labor Cash Earnings (05); Coincident and Leading Indexes (06);Machine Orders (06); Net Foreign Buying of Stocks and Bonds (06); Trade Balnce (07); Current Account (07); Bank Lending (07); M3 (07); ECO Watchers Survey Current and Outlook (08); Bankruptcies (08);   :Australia: Securities Inflation (04); Retail Sales (04); Building Approvals (04); Trade Balance (05); RBA Rate Decision(05); Services (06); Unemployment Rate (07);    ; New Zealand;Commodity Prices (04); Business Opinion (04);GDP (06);  ;China: Services (Sunday 03); HSBC Services (05); Business Climate (08);  

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WORLD CRISIS : CHINA SERVICES SLOWDOWN ADDS TO GROWTH CONCERN!

China Services Slowdown Adds to Growth Concern - Bloomberg: "China Services Slowdown Adds to Growth Concern"

EURO CRISIS : STILL A GREEK DEFAULT ?

S&P warns of default on some Greek rollover plans | Reuters: "S&P warns of default on some Greek rollover plans"

EURO CRISIS : GREECE 'S AUSTERITY.....CURE OR POISON?

Greece's debt crisis is postponed after EU approved bailout - Jul. 1, 2011

EURO CRISE : EN GARDE CONTRE LE ROLLOVER GREC ?

S&P met en garde contre les effets d'un rollover grec: "S&P met en garde contre les effets d'un rollover grec"

WORLD ECONOMY (Weekly Agenda July 04 -- 08, 2011)

AHEAD OF THE CURVE!

####################################

(July 04 -- July 08, 2011)

WORLD:  ; NORTH AMÉRICA: ***United States: Independence Holiday (July 4th): Factory Orders (05); MBA Mortgage Applications (06); ISM Services Composite (06); Weekly Jobless (07); Bloomberg Consumer Comfort (07); DOE Oil Inventories (07); FED's Hoenig Speaks (07); ICSC Chain Store Sales (08);Unemployment Rate (08); Avg Hourly Earnings (08);  Wholesale Inventories (08); Consumer Credit (08); ; México; Manufacturing PMI (04); Producer Confidence (04); Factory Orders (04); Consumer Confidence (05); Coincident and Leading Indexes (06); Public Safety Perception (06); Manufacturing by State (07); Electricity by State (07); June Inflation (07); BANXICO Rate Decision (08); BANXICO's Governor Comments (08); ; Canada; Raw Materials Inflation (04); Building Permits (06); New Housing Prices (07); IVY PMI (07); Unemployment Rate (08);   ;EUROPE;  ; Britain: Employment Confidence (Sunday 03); Construction PMI (04); Halifax House Prices (05); Services PMI (05); New Car Registrations (07); Industrial Production (07); Manufacturing Production (07);BoE Rate Decision (07); BoE Asset Purchase Target (07); GDP Estimate (08); Producer Prices (08);     ;Switzerland: Retail Sales (04); Consumer Prices (07); Unemployment Rate (08);    ; EURO-ZONE: Investor Confidence (04); Producer Prices (04); Services PMI (05); Composite PMI (05); Retail Sales (05); ECB Rate Decision (07);    ;Germany: Services PMI (05); Factory Orders (06); Industrial Production (07);Current Account (08); Trade Balance (08);  ; France: Services PMI (05); Trade Balance (07); BoF Business Sentiment (08); Central Government Balance (08);    ;Italy: Services PMI (05); Industrial Production (08);   ;---ASIA, PACIFIC:---Japan: Monetary Base (Sunday 03); BoJ Quarterly Branchs Meeting (04);Labor Cash Earnings (05); Coincident and Leading Indexes (06);Machine Orders (06); Net Foreign Buying of Stocks and Bonds (06); Trade Balnce (07); Current Account (07); Bank Lending (07); M3 (07); ECO Watchers Survey Current and Outlook (08); Bankruptcies (08);   :Australia: Securities Inflation (04); Retail Sales (04); Building Approvals (04); Trade Balance (05); RBA Rate Decision (05); Services (06); Unemployment Rate (07);    ; New Zealand;Commodity Prices (04); Business Opinion (04); GDP (06);  ;China: Services (Sunday 03); HSBC Services (05); Business Climate (08);  

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U.S. ECONOMY THIS WEEK (Agenda, July 04--08, 2011)

Payrolls in U.S. Probably Rose at Pace That Failed to Reduce Jobless Rate - Bloomberg: "Payrolls in U.S. Probably Rose at Pace That Failed to Reduce Jobless Rate"

MÉXICO ESTA SEMANA (Agenda, julio 04-08, 2011)

MERCADOS MEXICANOS-Esperan datos EEUU para continuar ganancias | Titulares | Reuters: "MERCADOS MEXICANOS-Esperan datos EEUU para continuar ganancias"

LE MONDE CETTE SEMAINE (Agenda Juillet 04--08, 2011)

Agenda �conomique de la semaine du 4 juillet: "A suivre cette semaine, la d�cision de la BCE sur ses taux d'int�r�t"