TOP NEWS: Week 04/25 – 01/05

Thursday 04/28

Business Live – guardian

The Disconnect between Prices and Profit Growth in Japan – wisdomtree
US Economy Grew At Just 0.5% In Q1, Missing Expectations, Lowest Growth Rate In Two Years – Zerohedge

French 50-Year Bond Swings Show Duration Risk Amid Belgium Sale – Bloomberg
Foreigners Jump Back Into Japanese Stocks at a Bad Time: Chart – Bloomberg
Brexit Economists Hit Back Back With Claim U.K. Would Thrive – Bloomberg

Pound Doublethink Enters Brexit Debate as Bad News Seen as Good – Bloomberg
German Unemployment Extends Drop in Sign of Robust Economy – Bloomberg
Deutsche Bank Profit Beats Estimates as Legal Costs Drop – Bloomberg
Chinese Imports From Hong Kong Raise Red Flag Amid Yuan Worries – Bloomberg
China’s $1 Trillion Bond Leverage Unwinds as Pimco Senses Panic – Bloomberg

Nikkei crushed after Bank of Japan does nothing at policy meeting – Marketwatch
Bank of Japan Stuns Market by Holding Off on More Stimulus – Bloomberg
New Zealand Dollar Jumps 1.4% as RBNZ Catches Market Out: Chart – Bloomberg



Wednesday 04/27

Forget June. The Fed isn’t likely to hike interest rates until December – CNBC
FOMC Statement Key Take Aways: “Fed Leaves Door Open For June Rate Hike” – Zerohedge
Fed Removes “Global Risk” Alert But Keeps Monitoring “Global Economic And Financial Developments” – Full Statement Redline – Zerohedge
Big Banks Should Curb Dividends, Share Buybacks-BIS – nyt
The “World’s Biggest Short Squeeze” Has Spread From ETFs To Stocks – Zerohedge
Venezuela Economy Literally Grinds To A Halt As Maduro Orders “Five Day Weekend” For Public Workers – Zerohedge
Venezuela economic crisis means fewer meals, more starch – Reuters


Tuesday 04/26

Business Live – guardian

GPIF to embrace currency hedging: president – asianikkei
HK Mar Value of Total Exports of Goods Falls 7% – aastocks

Hungary Cuts Benchmark Rate in Bid to Weaken Forint, Boost Inflation – Bloomberg
No Energy Recovery In Sight: Freeport Fires 25% Of Its Oil And Gas Workers – Zerohedge
Major UK Pension Fund Slashes Benefits As Funding Crisis Spreads – Zerohedge

South Korea first-quarter GDP slows on weak capex, exports – Reuters

A Life Expectancy Under Four Hours Shows China Commodity Frenzy – Bloomberg
Greece Faces New IMF Curve Ball to Unlock Aid: Scenarios – Bloomberg
Mitsubishi Motors’ Improper Mileage Tests Date Back to 1991 – Bloomberg
Britain’s property market is going to implode as housing nears peak affordability – businessinsider

Emerging-Market Stocks Slide to Two-Week Low as Ringgit Tumbles – Bloomberg
UBS Says Hong Kong Traders Should Be Worried Amid China Defaults – Bloomberg
BP Reports Surprise Profit on Strength in Refining, Trading – Bloomberg



Monday 04/25

Business live – guardian

“The Damage Could Be Massive” – How Central Banks Trapped The World In Bonds – Zerohedge
Brazil Analysts Forecast Recession Deepening in 2016 – Bloomberg
A new report signals disaster for American shopping malls – businessinsider
“China Is Hoarding Crude At The Fastest Pace On Record” – Zerohedge
Challenges Remain for Asia’s Economies – pimco
Argentina Said Considering Sale of $5 Billion in Pension Assets – Bloomberg

Saudi Arabia tries to break ‘dangerous’ addiction to oil – Zerohedge
The True Story Of Q1 Earnings: Deutsche Admits “Results So Far Are Disappointing; Our 1Q Est. Is At Risk” – Zerohedge
In Shocking Finding, The Bank Of Japan Is Now A Top 10 Holder In 90% Of Japanese Stocks – Zerohedge

The ECB’s Visible Hand: Unilever Issues Debt With 0% Coupon, 0.06% Yield – Zerohedge
Saudi Arabia Tightens Belt Most as Break-Even Oil Price Declines – Bloomberg
U.K. Manufacturers Plan Price Hikes as Weak Pound Boosts Costs – Bloomberg
The Jump in China’s Housing Starts Could Be A Huge Head Fake – Bloomberg
Norway Again Boosts Withdrawals From World’s Biggest Wealth Fund – Bloomberg
Crude Oil Tankers Bound For China Surge Amid Stockpiling Signals – Bloomberg
Italy’s Yield Reaches Two-Month High as ECB’s Impact Seen Waning – Bloomberg

German business sentiment came in low – businessinsider
BANK OF AMERICA: There’s another big crash coming in China but it won’t be the stock market – businessinsider
IMF says cheap oil could cost Middle East economies up to $150 billion – Marketwatch
Deutsche Bank says Europe will run out of options in 2017 – businessinsider
China expected to see $538 billion capital exodus in 2016, IIF says – Reuters
Shanghai CBRC Halts Banks’ Business With 6 Property Agencies – Bloomberg
What Debt Cliff? Easing Emerging Company Defaults Defy Gloom – Bloomberg
China Mulls Lower Bad Loan Coverage Ratio, Bank Chair Says – Bloomberg
China injects $41.1 billion via medium-term lending facility – Reuters

Offshore Yuan Falls for Fourth Day on Bets PBOC Has Weaker Bias – Bloomberg
Warnings Flash for China’s Red-Hot Steel Market on 47% Surge – Bloomberg

RBS Sees China `Black Swan’ Risk From Loans for Non-Bank Finance – Bloomberg
BOJ Officials Are Said to Want Government to Do More for Growth – Bloomberg
The Tokyo Whale Is Quietly Buying Up Huge Stakes in Japan Inc. – Bloomberg

Leave a Reply

Your email address will not be published.