For Europe to emulate Silicon Valley’s tech success, it should change its startup funding model 
Trump-proofing Nato: why Europe’s current nuclear deterrents may not be enough to face biggest threats since WWII 
LVMH succession planning: keeping it in the family when you’re the world’s richest man 
What is meaningful work? A philosopher’s view 
Electric vehicles are usually safer for their occupants – but not necessarily for everyone else 
The planetary orbit in Netflix’s ‘3 Body Problem’ is random and chaotic, but could it exist? 
Ensuring victims’ rights: The federal ombudsperson’s office is necessary but insufficient 
Four myths about vertical farming debunked by an expert 
US sanctions on Iranian hackers highlight growing concern about the Islamic Republic’s cyberwarriors 
Lot of economic dockets to be released today, however the risks associated with the releases are moderate.
Data released so far -
- New Zealand - ANZ business confidence dropped to -2.3 from 15.7 prior. Activity outlook dropped to 23.6% compared to prior 32.6%.
- Australia - New home sales dropped by -2.3% m/m in May and private sector credit rose to 6.2%
- Japan - Vehicle production dropped -16.6% in May from a year ago. Construction orders dropped -7.4%. Housing starts grew by 5.8% in May.
- Germany - Retail sales grew by 0.5% in May, down -0.4% on yearly basis. Unemployment dropped by -1000 and rate remained same at 6.4%
- France - Consumer spending grew at subdued pace of 0.1% in May.
- Switzerland - KOF leading indicator dropped to 89.7 for June from 92.7 prior.
- Italy - Unemployment rose to 12.4%
Upcoming -
- UK - GDP and current account balance to be released at 8:30 GMT.
- Italy - Consumer price inflation to be released at 9:00 GMT.
- Euro zone - Preliminary reading on consumer price inflation to be released at 9:00 GMT.
- Canada - Monthly GDP growth to be released at 12:30 GMT.
- Portugal - Consumer and business confidence to be released today.
- Germany - Preliminary Inflation data to be released for June at 12:00 GMT.
- Canada - Industrial product price and raw material price index to be released at 12:30 GMT.
- US - S&P case Schiller prices to be released at 13:00 GMT, followed by Chicago PMI at 13:45 GMT and consumer confidence at 14:00 GMT.
- Auction - Italy will Auction 5 and 10 year bonds today. US will auction 1 month bill at 15:30 GMT.
