GS

After last week's relatively quiet economic calendar and focus on Central Banks, when we finally heard from both Chair Yellen and Mario Draghi on Friday, attention this week turns back to data. In a relatively busy data week ahead - particularly for the US - focus will likely be on Friday's NFP, Q2 GDP revision on Wednesday, ISM manufacturing reports on Friday and inflation prints from the Eurozone.

Key events across the globe:

As many traders quietly leave for summer break soaking up even more liquidity as they go, a busy US calendar unfolds in the week ahead, with ISM, PCE price data and, of course, payrolls in the spotlight.

Key Events, courtesy of RanSquawk

After yesterday's stunning 40% plunge in Goldman's FICC revenue, market watchers and MS shareholders were nervously anticipating the release of today's Morgan Stanley Q2 earnings data. In retrospect, they had no reason to be worried, because moments ago MS reported revenue and EPS which both beat expectations, with Q2 EPS of $0.87 (est $0.76) on revenue of $9.5BN vs est. $9.13BN, up from $8.91BN a year ago.

Just Who Owns Ledger X?

originally posted on marketslant

All your transactions belong to us. Create, approve, outlaw outsiders. Do it under the guise of the investor's protection. CFTC doing the work of the people. The CEO is Paul Chou. Let's start there

LedgerX Paul Chou Career Timeline:

Goldman Sachs > LedgerX > Advisor to CFTC on Blockchain > LedgerX  Approved by CFTC

As Zerohedge caught on Saturday:

Focus in this holiday-shortened week will turn to US data, especially NFP, Fed speakers and Eurozone inflation. UK PMIs will also draw attention as elections approach. We also get GDP data from Canada, Sweden and Switzerland. In EM, there are MP meetings in Brazil & Israel. On Monday, with US, UK and Chinese markets closed, Euro FX and bond markets will be on Mario Draghi alert on Monday as the ECB president speaks to the European parliament.

NFP, Fedspeak, Eurozone inflation