- Obama's two-pronged economic problem (WaPo)
- Obama will ask for extension of Bush cuts (NYT)
- Japanese machinery orders decrease 14.5% in May (ESRI).
- Chinese inflation slows to 2.2% (FT)
- German export orders rebound (FT)
- French business asks for shock supply treatment (FT)
- German anti-euro backlash increases (Marketwatch)
- Dealers less likely to part with treasuries (BB)
- Hong Kong and Vietnam signal growth will slow (BB)
- BOJ fights deflation with aggressive policy (Sober Look)