TOP NEWS: Week 06/06 – 06/12

Friday 06/10

Gold nears three-week high as investors seek safer assets – business live – guardian

Turkey GDP Growth Beats Estimates on Consumption Spending – Bloomberg
Emerging-Market Rally Fades as Oil Retreats Before Major Events – Bloomberg
Negative interest rates by ECB, BOJ can’t boost growth, Allianz says – cnbc

Pound Volatility Intensifies for Sixth Week as Brexit Vote Nears – Bloomberg


Thursday 06/09

Oil prices hit eight-month high – business live – guardian

Gross Says Negative Rates Are Like ‘Supernova’ That Will Explode – Bloomberg
Brexit would hit the Dutch economy hard – politico
The Bank of Korea stunned the markets by cutting rates – businessinsider
China’s Factory-Gate Deflation Eases in Capacity-Cut Drive – Bloomberg
Kiwi Surge to One-Year High Leads Charge as Dollar Slump Deepens – Bloomberg

Wednesday 06/08

Business Live – guardian

NIRP Blowback – Commerzbank Plans To Hoard Euros To Avoid ECB Charges – Zerohedge
The Royal Mint is letting British pensioners invest in its gold reserves for the first time – businessinsider

Oil surges to eight-month high on supply disruptions, firm Chinese demand – Reuters

U.K. Industrial Output Has Biggest Monthly Gain Since 2012 – Bloomberg
Markets may be too complacent over Brexit risk, BlackRock says – Reuters
Zimbabwe’s Black Market, Where the Dollar Trades Against Itself – Bloomberg

A BlackRock Bond ETF Heralds New World Order in Emerging Markets – Bloomberg
Draghi Fires Starting Gun on Corporate Bond Purchases in Europe – Bloomberg

China Exports Stabilize as Imports Hint at Improving Demand – Bloomberg

Japan’s GDP Grows More Than Initial Reading in 1st Quarter – Bloomberg


Tuesday 06/07

Saudi Post-Oil Plan Weighs Income Tax on Expat Workers – Bloomberg
Greece Secures Bailout Money With Airport Real Estate Deal – nyt
S&P warns of wave of rating cuts if interest rates rise – Reuters
Active Managers Need to Shed as Much as $10 Trillion, Kraus Says – Bloomberg

Copper Stockpiles Rise Most Since 2004 as Metal Flows From China – Bloomberg

Draghi Smashes Corporate Yields to 1% Before a Bond Is Bought – Bloomberg

Euro-Area Economy Grows Faster as Consumer Spending Gathers Pace – Bloomberg

Japan Marks Lowest-Ever Coupon on Corporate Bond in Toyota Sale – Bloomberg

Emerging Assets Continue Rally Amid Bull Market in Commodities – Bloomberg
Australian Dollar Rises to Four-Week High After RBA Holds Rate – Bloomberg


Monday 06/06

Business Live – guardian

Commodities Set to Break Into Bull Market After Four-Year Rout – Bloomberg
Janet Yellen Explains How The Fed Will Keep What’s Left Of Its Credibility In June – Live Feed – Zerohedge
JPMorgan, RBS Said to Staff Trading Floors Overnight for Brexit – Bloomberg

Mutual Funds Are Scrambling to Buy Corporate Bonds – Bloomberg

Iran’s broken financial system – politico
Yellen speech may be attempt at damage control – Marketwatch
Goldman Stays a Bear on Aluminum as Output Ramps Up in China – Bloomberg

German Factory Orders Declined in April on Weak Export Demand – Bloomberg

Pound Tumbles, Volatility Jumps After Polls Show Brexit Momentum – Bloomberg
World’s Most Battered Market Is the Worst Place to Find Bargains – Bloomberg
Swiss voters reject ‘money for nothing’ income plan – cnbc

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