TOP NEWS: Week 01/11 – 01/17

Weekend 01/16 & 01/17

Iran Kicks Off Plan to Boost Oil Exports as Sanctions Lifted – Bloomberg
Iran Unleashes Oil Flood, Will Quintuple Crude Revenue In 2016 – Zerohedge

The Saudi stock market is in free fall – businessinsider
Pro-China Party Falls As Taiwan Elects First Female President In “Historic” Landslide Election – Zerohedge
Is It Over Yet? Two Weeks In, 2016 Feels Like Year of the Bear – Bloomberg
Recession At The Gate: JPM Cuts Q4 GDP From 1.0% To 0.1% – Zerohedge
XITK: new Innovative Technology ETF by State Street – etftrack


Friday 01/15

Oil prices slide back towards $30, heading for 10% weekly loss – business live – guardian

Atlanta Fed Waits Until The Close To Reveal 0.6% Q4 GDP Estimate – Zerohedge
Norway Pushes Panic Button: “We’re In A Crisis Now, We Can’t Deny That” – Zerohedge
Walmart to Close 269 Stores as Retailers Struggle – nyt
Recession Imminent As Business Inventories-To-Sales At Cycle Highs – Zerohedge

Job Cuts at Shale Companies Prompt Estonia to Consider EU Help – Bloomberg
S&P Enters The Latest European Scandal: Downgrades Poland From A- To BBB+ – Zerohedge
North Korea’s awful economy – economist

DFND, GARD: New Long/Short ETFs by Reality Shares – etftrack
Saudi Arabia: A Weak Kingdom On Its Knees? – Zerohedge

Prepare for stocks to fall another 10%: Larry Fink – cnbc

Welcome To The Recession: Industrial Production Crashes Most In 8 Years – Zerohedge
US Consumers Tap Out: Retail Sales End Weakest Year Since 2009 As Control Group Tumbles – Zerohedge
Empire Fed Crashes At Fastest Pace “Since Lehman” – Zerohedge
Oil Falls Back Below $30 With Brent Discount Biggest Since 2010 – Bloomberg
Strains on the currency suggest that something is very wrong with China’s politics – economist
Merkel Urged to Deliver Message to Draghi: End Record-Low Rates – Bloomberg
ECB ‘playing for time’ after disappointing December – cnbc
China Stocks Enter Bear Market as State-Fueled Rally Evaporates – Bloomberg
China Bank Lending Slows Dramatically, Confirming Concerns About Soaring Bad Loans – Zerohedge

China Markets Live – Shanghai stocks slide in early afternoon; Hong Kong extends fall – scmp



Thursday 01/14

Markets slide after oil falls through $30 – business live – guardian

Intel shares fall as fourth-quarter earnings slip – Marketwatch
Crash-Testing Abenomics – wisdomtree
China’s Capital Flight – Bloomberg
Cheapest crude oil on the planet can be found here – Marketwatch
Earnings Season Set to Confirm U.S. Slipping Into Profit Recession – Bloomberg
BOE Keeps Key Rate at Record Low as Oil Damps Inflation Path – Bloomberg
Banks Face Stiffer Capital Rules for Market Risk in Basel Revamp – Bloomberg
Account of the monetary policy meeting – europa
JPMorgan Fourth-Quarter Profit Rises 10% as Expenses Decline – Bloomberg
Renault Shares Drop on Report of Fraud Probe Into Emission Tests – Bloomberg
Timeline – Explosions, gunfight rock central Jakarta – Reuters
Bank of Indonesia Cuts Rates to 7.25% – Bloomberg
French State Deficit Shrinking Faster Than Expected, Sapin Says – Bloomberg
Greece: ECB preparing to restore waiver, depending on pension reform – kathimerini
German Economy Defied 2015 Global Slowdown as Growth Accelerated – Bloomberg
Dollar to Weaken as ECB, BOJ Face Limits on Stimulus, HSBC Says – Bloomberg

China Bond Yield Sinks to Record as PBOC Boosts Cash Injections – Bloomberg

Australia Caps Biggest Jobs Gain Since ’06, Defying Mining Slump – Bloomberg
Iron Ore `Not Yet at the Bottom’ as Citigroup Sees $20s Risk – Bloomberg
$3.17 TRILLION wiped off global stocks so far this year – cnbc


Wednesday 01/13

Chinese stocks fall despite trade data relief – business live – guardian

JPM’s “Gandalf” Quant Is Back With A Startling Warning – Zerohedge
China GDP Guide: How the Data Is Sliced and What’s New This Time – Bloomberg
Rio Freezes Pay From CEO Down as Commodity Collapse to Persist – Bloomberg
Global Bond Rally Sends Asia Yields to Record Lows on Stock Rout – Bloomberg
It is wrong to blame China for the global economy’s woes – primeeconomics
Goldman Sachs Sees Governments Coming to ECB Rescue on Stimulus – Bloomberg
CSX CEO Admits “This Hasn’t Happened Outside Of A Recession” – Zerohedge
GNRX: First Global Generic Drugs Equity ETF launched by Van Eck Global – etftrack
SNB’s Zurbruegg Pledges Willingness to Intervene on Strong Franc – Bloomberg
nflation Expectations Collapse Post-Rate-Hike, Near Record Lows – Zerohedge
“We Could Be Looking At A Really Ugly First Quarter” – Jeff Gundlach At His Most Bearish Yet: Full Presentation – Zerohedge
Portugal Said to Have Opposed Central Bank on Novo Banco Bonds – Bloomberg
Kazakh central bank asset manager fired after saying oil fund in jeopardy – Reuters
Russia should sell banks to offset oil: Minister – CNBC
Russia on War Footing Leaves Siluanov to Scrape By as Funds Wilt – Bloomberg

Greece exits deflation after 33 months, uptick seen sustainable – Reuters
France HICP, Core Inflation Edged Higher in December – mni
Behind Chinese Yuan’s Tiny Drop, Indications of True Crisis Lurk – Bloomberg
Deutsche Bank have 6 reasons to sell EUR/USD, and will ‘party on to parity’ – forexlive
China Dec. exports, imports fall much less than expected after yuan slides – Reuters
Borrowing costs for China’s currency offshore are down from their ridiculous highs – businessinsider


Tuesday 01/12

Oil slides towards $30 per barrel – business live – guardian

Junk Bonds Signal 44% Recession Risk in 2016, Fridson Says – Bloomberg
Jeff Gundlach thinks oil is a disaster, rates could finally head higher, and gold could hit $1,400 – businessinsider
You Know Negative Interest Rates Are Bad When… – Zerohedge
Underground banks siphon HK$245 billion out of Chinese province in a single year … and that’s just the tip of the iceberg – scmp
Tugboats left useless by U.S. shale boom finally have job to do – Bloomberg
Puerto Rico Utility’s Debt Plan Still Fragile, Lawmakers Are Told – nyt
Beware the great 2016 financial crisis, warns leading City pessimist – guardian
This is the first thing investors should look at every morning – businessinsider
Nigerian Currency Collapses After Central Bank Halts Dollar Sales To Stall “Hyperinflation Monster” – Zerohedge
Sale of the century – breakingviews
This Is The Biggest EBITDA Drop Outside Of A Recession Since 2000 – Zerohedge
Using ETFs to Predict Where Chinese Shares Will Open Can Be Tricky Business – Bloomberg
Is Market Too Complacent On BoJ? – BNPP – efxnews
China Can’t Stop Big Moves in Currencies – bk
BP cuts 4,000 jobs in face of falling oil prices – bbc
Goldman Sachs Sees $64 Billion in Buybacks Rescuing Japan Stocks – Bloomberg
Denmark to seize refugees’ valuables – politico

U.K. Industrial Output Plunges Most in Almost Three Years – Bloomberg
Trouble next door – breakingviews
China fourth-quarter GDP growth seen slowing to weakest pace since 2009 – Reuters
Oil could drop as low as $10 a barrel – irishtimes
In Rush to Exit Yuan, China Traders Buy Sinking Hong Kong Stocks – Bloomberg
Japan’s GPIF Debates 3% Stock Cap in Push for In-House Investing – Bloomberg
RBS cries ‘sell everything’ as deflationary crisis nears – telegraph
Pimco Bets Dollar to Extend Advance Against Chinese Yuan – Bloomberg
Stocks May Fall More – Then It’ll Be Time to Buy, Goldman Says – Bloomberg
Nigeria Says OPEC May Meet Soon as Oil Even Hurting Saudi Arabia – Bloomberg
China Steps Up Yuan Intervention as Offshore Shorts Get Squeezed – Bloomberg

Chinese banks’ new bad loans more than doubled in 2015: sources – Reuters
Hong Kong’s Yuan Interbank Rates Rise to Record Highs – Bloomberg
Shipyards Vanish as China Loses Appetite for Consuming Iron Ore – Bloomberg



Monday 01/11

Stock market turmoil: China shares fall another 5% – business live – guardian

Behold Accounting Magic 101: This Is How Alcoa Just “Beat” Consensus EPS – Zerohedge
Catalan Independence Bid Looms Over Spain’s Coalition Efforts – nyt
As China Dumps Treasuries, World Sees No Better Place for Refuge – Bloomberg
China Rout Infects Aussie Resource Giants as Bond Risk Surges – Bloomberg
According To SocGen The Problem Is Not “China”, It’s This – Zerohedge
JPMorgan: Potential Capital Outflows from China Have Become “Practically Boundless” – Blooomberg
Glencore CDS Soar To 6 Year High After Bankruptcy Of US Subsidiary, Ongoing Copper Carnage – Zerohedge
How the PBOC could send oil below $25 – cnbc
WTI Crude Collapses To $30 Handle, Stocks Plunge As Rate-Hike Odds Tumble – Zerohedge
China Rout Threatens to Spawn Crisis in India, Top Banker Says – Blooomberg
Euro zone sentiment index falls in January on China worries: Sentix – Reuters
China Warns No “V-Shaped” Recovery Is Coming; Says “There Will Be No Strong Economic Stimulus” – Zerohedge
Draghi’s QE Buys Some Time for Spain After Election Stalemate – Bloomberg
ECB easing back on the cards? – Danske Bank – fxstreet
China Not Facing ‘Cataclysmic’ Economic Slow Down, Says Stiglitz – Bloomberg
Russian Stocks Are Crashing – Zerohedge
China’s Latest “Devaluation:” A Currency War in the Making? – economonitor
Morgan Stanley Sees $20 a Barrel Oil on U.S. Dollar Appreciation – Bloomberg
Earnings recession continues, but the consumer is OK – cnbc
Copper Sinks to Cheapest Since ’09 as BHP Slides to Decade-Low – Bloomberg
JPM: “Use Any Bounces As Selling Opportunities” – Zerohedge
Ruble Declines on Oil as Sberbank Sees `Sharply’ Lower Currency – Blooomberg
SocGen: Avoid Asia, love Russia – cnbc
Moody’s Cuts Malaysia Credit-Rating Outlook on Weaker Finances – Bloomberg
China’s GDP may be much lower than you think – cnbc
China will find it tough to achieve over 6.5 percent growth over 2016-2020: state adviser – Reuters
Meet 2016’s Worst Economic Performers Flirting With Disaster – Bloomberg
Chinese Stocks Plunge, Asia At 4 Year Lows But PBOC Currency Intervention Pushes US Futures Higher – Zerohedge
PBOC Put? Li Signals No Major Stimulus While Past Suggests a Cut – Bloomberg
ASX loses $100 billion as lack of confidence in Chinese economy panics investors – smh
This is what Goldman thinks about the Chinese yuan – cnbc
To say that what happens in China doesn’t matter to the US is to ignore how the global economy works – businessinsider
A 20% Rebound? Asia Has Been This Cheap Only 3 Times – barrons

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