TOP NEWS: Week 01/02 – 01/08

Weekend 01/07 & 01/08

Summers Warns of Financial-Crisis Risk From Trump Economic Plans – Bloomberg
Here’s what it would take for the S&P 500 to reach 3,000 – businessinsider

China Reserves Slumped $320 Billion Last Year as Yuan Tumbled – Bloomberg
Citi: “There Is Something Strange Going On… Something Doesn’t Smell Right” – Zerohedge
ed’s Powell Urges Congress to Take Another Look at Volcker Rule – Bloomberg
Goldman Slams Reports Of A “Great Rotation” From Bonds To Stocks As “Fake News” – Zerohedge
German Vice Chancellor Says “European Break Up No Longer Unthinkable” – Zerohedge
China’s $3 Trillion In Reserves Questioned After PBOC Reports $41 BIllion In December Outflows – Zerohedge
Weekend Reading: The Beginning Of The Ending – Zerohedge


Friday 01/06

Business Live – guardian

Wall Street’s Top Permabull Suddenly Becomes Its Biggest Bear – Zerohedge
US Oil Rig Count Rises To 1 Year Highs – Zerohedge
We’re Gonna Need More War” – November Factory Orders Plunge Most Since August 2014 Despite Defense Spike – Zerohedge
‘Bonds are back’, for a little while, at least: BAML – Reuters

Not So Fast: This Is Where All The “Blistering” Hourly Earnings Growth Came From – Zerohedge
Jobs Disappoint In Obama’s Final Month, Rise Only 156K, But Average Hourly Earnings Jump – Zerohedge
U.S. Trade Deficit Widened in November to a Nine-Month High – Bloomberg
Chinese Volatility Explodes: Yuan Tumbles Most In One Year After Biggest 2-Day Rally Ever – Zerohedge


Thursday 01/05

Business Live – guardian

Bitcoin plunges by a fifth – Reuters
BARCLAYS: These are the 13 ‘black swans’ that could cause chaos in the markets in 2017 – businessinsider

Japanese company replaces office workers with artificial intelligence – guardian

Lira Drops to Record Low as Central Bank Seen Unwilling to Act – Bloomberg

Global growth will keep trending lower – Macquarie AM – pa
FOMC minutes fail to provide catalyst for further USD strength – MUFG – fxstreet
The ruble is surging to its highest level since July 2015 – businessinsider
Fed Officials Grapple With a Welcome New Problem: Faster Growth – Bloomberg
Globally inflation is staging a comeback – Natixis – fxstreet
Gold builds on rally as investors doubt Fed’s appetite for rate hikes – Marketwatch
Global Stocks Rise To 1.5 Year High After Chinese Intervention Halts Dollar Rally – Zerohedge

China’s choices narrowing as it burns through FX reserves to support yuan – Reuters
USDJPY Gets Dumped – bk

China’s service sector picks up speed in December – Marketwatch




Wednesday 01/04

Business Live – guardian

FOMC Minutes Show “Considerable Uncertainty” About Trump Impact On Economy – ZeroHedge
The entire history of the euro in one chart – businessinsider

Modi’s Cash Ban to Be a Drag on India’s Exalted Pace of Growth – Bloomberg
Best Economic Forecasters Lay Out 2017 Calls – Bloomberg
Despite 50% Gain, Banks Yet to Win Over Europe Fund Managers – Bloomberg

Bitcoin Hits an All-Time High as Currency Controls Drive Fear – Bloomberg
5 reasons we believe the ECB will not announce QE tapering in 2017 – danskebank

Bank Of England Blog Warns Of Devastating Bond Market Rout, “Worse Than 1994 Massacre” – ZeroHedge
Euro-Area Economy Ended Year With Fastest Growth Since 2011 – Bloomberg
Peso Plunges To Record Low After Trump Tweet – ZeroHedge
Marine Le Pen Wants France Out Of The Euro, Will Redenominate French Debt In New Currency – ZeroHedge
UBS: The Trump rally has its risks but it’s not time to be contrarian on US stocks, yet – businessinsider
GERMANY: Services activity growth slows but remains solid in December – markit
ITALY: Business activity grows at slightly slower rate in December – markit

China Money Market Pain Eases as Central Bank Measures Take Root – Bloomberg
China Goes on $26 Trillion Commodity Binge as Shortages Foreseen – Bloomberg
India services activity shrinks for second month – Marketwatch


Tuesday 01/03

Business Live – guardian
Live News – Telegraph

Oil ends at 2-week low; natural-gas prices sink nearly 11% – Marketwatch
First Post-Brexit Currency Intervention Draws Denmark’s Red Line – Bloomberg
Dollar Advances to 14-Year High as U.S. Data Spur Confidence – Bloomberg
Ford Cancels Plans for New $1.6 Billion Mexico Plant – Bloomberg

Stagflation Signs Build As US Manufacturing Surveys Hit 2-Year Highs – ZeroHedge
Mexican Economy Facing Tough 2017 Even Without Trump’s Wall – Bloomberg

German Inflation Jumps to Fastest Since 2013 on Oil Prices – Bloomberg

Political Risk Spike From Trump to China Seen in 2017 by Eurasia – Bloomberg

2017 Outlook: Stock Markets Will Not Repeat 2016 – morningstar

Pound Drop Boosts U.K. Manufacturing, Pushes Up Factories’ Costs – Bloomberg
Greece Unleashes ‘Soft’ Cash Ban – Zerohedge
Positioning for USD risks beyond the Fed – RBC CM – fxstreet
Oil Hits 18 Month High On Reports Kuwait, Oman Cut Crude Output – ZeroHedge

German unemployment falls more than expected in December – cnbc
Here are Goldman Sachs’ tips for what US stocks to buy, and avoid, in 2017 – businessinsider

Solar Could Beat Coal to Become the Cheapest Power on Earth – Bloomberg
Paris Eyes Luring 20,000 Bankers From London Amid Brexit Rupture – Bloomberg
Banks could start revealing their Brexit plans as early as next month – businessinsider
Why German Banks Took Stand Against Capital Floors Made in Basel – Bloomberg
Euronext Offers to Buy Unit of London Stock Exchange for $536 Million – nyt
Singapore’s economy just recorded its best growth quarter in three years – businessinsider
Indonesia penalizes JPMorgan for rating its bonds ‘underweight’ – Reuters
China’s smallest manufacturers haven’t had it this good in years – businessinsider
Trump, interest rates and Chinese panic: Why euphoria could turn to a credit crunch in 2017 – telegraph


Monday 01/02

Finland just launched an experiment giving 2,000 people free money until 2019 – businessinsider
Where to Find Yield – barrons

Swiss banking secrecy nears end following new tax rules – cnbc

The Most Popular Investor Picks for Emerging Markets in 2017 – Bloomberg

Euro Area Sees Price Gains as Manufacturing Picks Up Pace – Bloomberg

German manufacturing growth hits near 3-year high in December – markit

2017 won’t be spectacular for Indian markets; it’ll be okay: Robert Parker, Credit Suisse – economictimes

PBOC’s Ma Says New Cash Transaction Rules Are Not Capital Controls – Bloomberg
China Manufacturing Stabilizes Near a Post-2012 High – Bloomberg
India’s Manufacturing to Shrink as Cash Shortages Cut Demand – Bloomberg
Bitcoin Soars Above $1000 In China – Zerohedge
Investors brace for 2017 shocks after surprise 2016 run – Bloomberg
Eye on the Market Outlook 2017 – jp
2017 Japan Outlook—Poised to Perform – wisdomtree

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