The Reserve Bank of Australia cut interest rates .25 BPS to 1.5%, a record low.
The Bank of Japan laid out their stimulus plan.
Singapore's Prime MInister warned that there are risks to the U.S.'s reputation if the TPP deal falls through.
Oil supply from OPEC rose to 33.41 BPD in july from 33.31 in June.
China called on Britain to proceed with a nuclear power plant project.
Italian voters will vote in October on the remaking their government by stripping the upper chamber of Parliament, the Senate, of most of its power and radically cuts ints numbers. (good luck with that).
Dallas Fed President Kaplan (alternate) said, Sept. rate hike is on the table but 2Q GDP makes you want to see more information.
NY Fed President Dudley (voter) said, risks to the US outlook are a bit skewed to the downside and the timing of any rate hikes is uncertain.
SF Fed Presidient Williams (non-voter) said the 2Q GDP number was too low but improving data could potentially support two '16 hikes.
In the UK, the Purchasing managers' Inces slumped to 48.2 from 49.1 in June.
Business loans in the UK will shrink to the lowest in more than a decade in the next couple of years.
China's official PMI index dropped to 49.9 from 50.0.
Lloyds Banking Group will cut a further 3k jobs.
Fundamentals are still very negative for the pound.
UK asset managers Schroders Plc and Henderson Group Plc reported outflows totaling 3.4b pounds after Britain's vote about EU membership.
German unemployment fell by 4k each in the western and eastern parts of Germany.
Citi has forecast a "gradual shift towrds helicopter money" by advanced economies.
IMG First Deputy David Lipton, said the growing debt pile held by state-wned enterprises was a particular ongoing concern.
Sales of London homes slumped 34% in the second quarter.
UK inflation accelerated rose 0.5% in May due to an 11% jump in airfare, partly due to the Euro 2016 football championship in France.
Britian will not begin its formal divorce from the EU until next year.
Sicily's biggest city is the focal point of a 2007 securitization of non-performing loans.
German investor morale fell in July to the lowest level since 2012.
Iraq replaced Saudi Arabia to become India's top oil supplier in the June quarter.
World leaders are warning Turkey to respect the "rule of law."
$32B is about to flow into the UK.
Irish PM Enda Kenny is fending off demands by Northern Irish nationalists for a reunification poll.
Former French PM de Villepin said British PM May lacked a stong sense of urgency and had "no idea of what she should do," in response to the UK's vote to leave the EU.
In a note on Monday, Societe Generale said, "The British exit from the EU has struck fear into the UK real estate market at a time when the property upswing cycle looked set to reverse anyway.
Germany's Bundesbank proposed reforms to streamline Europe's response to future fiscal crisis.
In the last few months, gun ownership in France has increased.
Terror returns (it never left) to France.
US Banks get reprieve on a portion of the Volcker Rule.
Chinese GDP rose 6.7% in the 2nd quater y/y.
US Senate to work the least amount of days in 60 years.
The nine-memeber Monetary Policy Committee, led by Governor mark Carney, voted 8-1 to keep the benchmark at a record-low 0.5%.
Lithuania, Latvia, Hungary and Poland are the most exposed if the U.K. leaves the EU.
Equities continue to push higher on decent economic data combined with optimism over earnings and specuation the Fed will hold off raising rates.
Nine tankers holding about 9 million barrels of North Sea crude grades are floating off the UK coast, up from 7 million in May.
Some 1.2 million barrels of gasoline landed in storage tank last week. The forecase was for a 432k barrel drop.
Despite the glut, Bill thomas, chief executive of major shale producer EOG Resources, warned recently that producers could stll end up drilling more than it made economic sense.
2nd quarter GDP results for China are due out Friday.
The picture that emerges continues one of slow global demand.
"China will take all necessary measures to protect its territorial sovereignty."
Italy will be the next crisis in Europe.
There is so much oil in storage, it will take until 2018 to rebalance.
The US is on track to approve nearly $40b in foreign military sales. That would be down from $46.6b last year.
The Netherlands finance chief Dijsselbloen said, "I think it's mainly in the British interest to get clarity soon, so don't postpone the negotiations endlessly.
Incoming Brisish PM Ma said, she favored waiting until 2017 to trigger Article 50.
(Maybe the Brits are right to leave?)
European Union finance ministers agree Spain and Portugal violated EU spending limits in an unprecedented move that paves the way for negotiations over possible financial penalites.
The IMF said "the public debt (in Italy) has edged up to close to 133% of GDP, a level that limits the fiscal space to respond to shocks."
The rules are clear said Dijsselbloem, saying that options in Italy are limited and that bank investors should bear potential losses. Italian PM Renzi is trying to spare creditors from facing losses if taxpayer funds are used.
Oil tankers face choppy waters over the next 18 months as a torrent of new ships push down freight rates.
Hideo Shimomura, the 49-year -old chief fund investor chief fund investor at Mitsubishi, said 1% rates in US 10yr is inevitable.
Both stocks and bonds look expensive after rallying together and are now vulnerable to a quick sell off, Goldman Sachs said.
Will the Brexit spark a UK constitutional crisis?
Italian industrial production was -0.6% in April.
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