• Fed leaves rates and guidance (through late 2014) unchanged
• FOMC says ‘closely monitoring incoming information’
• Fed says US activity has decelerated somewhat over H1
• ADP employment +163K vs +120K exp
• ISM July manufacturing index 49.8 vs 50.2 exp
• Monti: ESM banking license to be decided in due course
• Finnish PM: ESM has preferred creditor status
• Final Markit US PMI at 51.4 from flash reading of 51.8
• Belgian GDP -0.6% in Q2
• Treasury says US debt limit could be hit near end of 2012
• Algo from Knight Capital blows up in US stocks
• Morgan Stanley revises down UK growth estimate
• Lagarde worried, as usual
• ECB bond buys won’t be the euro’s salvation
• Join the NFP contest