July 21 — Apple’s iPhone shipments for the fiscal third quarter and the company’s revenue forecast for the current period missed analysts’ projections, raising questions over whether demand for the device has peaked. Technalysis Research Founder and Chief Analyst Bob O’Donnell, Creative Strategies Principal Analyst Ben Bajarin and Bloomberg’s Mike Regan speak on “Bloomberg West.” – Bloomberg
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James Mackintosh on the 5% plunge in the gold price
Gold has become a tough sell. Investment editor James Mackintosh says perhaps those buying gold should be hoping China recovers its appetite for heavy industry and starts sucking in commodities again.► FT Markets: http://bit.ly/1J5HNd3
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China’s share market rallied on Friday, buoyed by the news of massive support to the tune of $210bn from the country’s banks. Michael Mackenzie, markets editor, says China may face a rather long wait until becoming a heavy hitter in global indices.
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What kind and how much debt relief could Greece get? Joseph Cotterill provides an overview of the options available.
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Global Macro Monitor 