TOP NEWS: Week 09/26 – 10/02

Weekend 10/01 & 10/02

Could PM Theresa May invoke Article 50 earlier than March? – sky
Pensioners Beware – Brits Considering First Step Toward Slashing Pension Benefits – Zerohedge
Hungary Referendum To Reject EU Refugee Quotas Likely Invalid Due To Low Voter Turnout – Zerohedge
Deutsche Bank’s Woes Put $2 Trillion of Bonds Beyond ECB’s Reach – Bloomberg
China’s Yuan Joins IMF Reserves in First Revision Since 1999 – Bloomberg
Brexit Means March: Theresa May Will Trigger EU Divorce In Q1 Of 2017 – Zerohedge
Chinese currency’s inclusion in IMF’s SDR basket to help create more multipolar economic order – xinhuanet


Friday 09/30

Deutsche Bank fears rattle stock markets as shares slide again – business live – guardian

Stocks Soar After French Press “Confirm” Deutsche Bank Near Settlement With DOJ – Zerohedge
As Europe’s Dollar Shortage Intensifies, Funding Pressure Surges Most In 4 Years – Zerohedge
Deutsche Bank Takes a Lashing From the Public – wsj
Atlanta Fed Q3 GDP Estimate Tumbles To 2.4% From A High Of 3.8% – Zerohedge
US Spending Disappoints In August As Savings Rate Rises For Second Month – Zerohedge
Chicago Fed Bounces But Employment Slips – Zerohedge
Euro-Area Inflation Accelerates to Fastest Rate Since 2014 – Bloomberg

Deutsche Bank Has Plenty of Liquidity Amid Stress, Analysts Say – Bloomberg

ING Shares Fall After Report Thousands of Jobs to Be Cut – Bloomberg

German retail sales slip unexpectedly – Marketwatch

Deutsche Bank: From bombs and bravado to risks of a bailout – bbc
China manufacturing gauge rise on gov’t spending  – Marketwatch

Japan industrial output rebounds in August – Marketwatch
BOJ’s core inflation measure slows again in August – Marketwatch



Thursday 09/29

Markets rally after Opec agrees to cut oil production – business live – guardian

Mexico Hikes: A Different Peso Crisis – barrons
Pensions Fly Only If You Believe They Can – Bloomberg
Deutsche Bank Crashes but EURO Does Not, Here’s Why – bk

Some Deutsche Bank Clients Reduce Collateral on Trades – Bloomberg

Panic In The Kingdom: Saudi Currency, Bonds, Banks Extend Collapse Despite OPEC ‘Deal’ – Zerohedge
As Year-End Crash Avoided, Barclays Sees Commodity Gains in 2017 – Bloomberg

New Yemen central bank governor says inherited bank with no money – Reuters

From robots to websites, British firms curb spending due to Brexit – Reuters

Commerzbank Unveils Job Cuts in Biggest Overhaul Since Bailout – Bloomberg

Novo Nordisk to ax 1,000 jobs in cost-cutting drive – Reuters

German Unemployment Unexpectedly Rises in Sign Economy Slowing – Bloomberg
Credit Suisse underweight on Expensive 4 club including India – economictimes
Goldman Says OPEC Deal May Add Up To $10 To Price Of Oil, Two Days After Cutting Oil Price Target By $7 – Zerohedge
Sensex crashes over 500 points as Indian Army claims strike on Pak base = ECONOMICTIMES

OPEC’s Deal Lifts More Than Oil as Mining Stocks to Metals Jump – Bloomberg

Draghi says ECB not to blame for problems Deutsche Bank is facing – cnbc



Wednesday 09/28

Deutsche Bank CEO says government help ‘out of the question’ – business live – guardian

OPEC reaches first deal to cut oil output since 2008: sources – Reuters
Canadians are just $200 away from being overwhelmed by debt, new survey finds – fp

How gold helped South Korea repay its debt – businessinsider
Not Enough Money, Too Many Funds Mean ETFs Sputter in Europe – Bloomberg
Huge stock-buyback programs account for larger share of repurchases – Marketwatch
BlackBerry Stops Making Smartphones to Focus on Software Service – Bloomberg

Core Durable Goods Orders Contract For 20th Straight Month – Longest Non-Recessionary Streak In US History – Zerohedge

This ‘Trump Trade’ Marries Mexican Peso With Putin’s Ruble – Bloomberg

Billionaire: Chinese real estate is ‘biggest bubble in history’ – cnn

Here’s How Much China’s Economy Is Expected to Grow in Q4 – fortune
Deutsche Bank Rises as CEO Sells Assets, Rules Out Capital Hike – Bloomberg
Italian Consumer Confidence Falls to Lowest in More Than a Year – Bloomberg

Draghi Goes Head-to-Head With German Critics of ECB’s Low Rates – Bloomberg

Fatigued Investors Want Draghi to Buy Greece Before They Do – Bloomberg

Spain Seen Losing Momentum as Threat of New Vote Rises: Chart – Bloomberg

As Asians Age Faster, More of The Cash Heading Offshore – Bloomberg



Tuesday 09/27

Shares and Mexican peso rally after first US presidential debate – business live – guardian

Deutsche Bank Contagion: Nord LB, Lufthansa, Korean Air Pull Bond Deals – Zerohedge
Richmond Fed Disappoints: Employee Head Count Crashes To 7-Year Lows – Zerohedge
Worries Grow Over Greek Economic Forecast – wsj
Trump Migrant Rhetoric Gives Surprise Boost to One Latin Nation – Bloomberg
Consumer Confidence Is The Highest In 9 Years (& The Lowest Since 2015) – Zerohedge
Hedge Funds Get Timed Out – Bloomberg
US Services PMI Bounces But Employment Hits 33-Month Lows – Zerohedge
Vancouver, London Top List of Cities at Risk of Housing Bubble – Bloomberg
“It All Has A Very 2008 Feel To It” – For Deutsche Bank, The News Just Keeps Getting Worse – Zerohedge

Trump Slams Yellen’s Fed Again, This Time on a Much Bigger Stage – Bloomberg

Iran Doesn’t Want Oil Deal in Algiers, Won’t Freeze Output – Bloomberg

WTO Says Global Trade in Its Worst Year Since Financial Crisis – Bloomberg

Dollar Rallies Post Debate But Gains May Not Last – bk

Saudi Stocks Drop on Bets Austerity to Hurt Service Providers – Bloomberg

Most Italians have no idea what they’re voting on in one of Italy’s most important votes in history – businessinsider
Ireland’s Central Banker Says Banks Explore Dublin Post-Brexit – Bloomberg

Commerzbank Extends Losses as CEO Plans Job Cuts, Dividend Halt – Bloomberg
Credit card payments surpass cash worldwide for the first time ever – Marketwatch

China Industrial Profits Jump Most in Three Years in August – Bloomberg

German savings platform Raisin just hit a €1.7 billion investment milestone – businessinsider
Mexican Peso Surges From Record Low During U.S. Debate – Bloomberg

Clinton gains in online betting markets after U.S. presidential debate – Reuters
At debate, Trump and Clinton clash on how to remake the economy – Marketwatch



Monday 09/26

Stock markets drop ahead of US presidental debate – business live – guardian

Renzi Starts Ten-Week Fight for Italy Referendum and His Job – Bloomberg
Naming and Shaming Palm-Oil Buyers to Stop Rainforest Burning – Bloomberg

Report of Disney interest in Twitter bid sends stocks in opposite directions – Marketwatch
Wells Fargo stock sinks to 2-1/2 year low – cnn
China’s risk-loving mom and pop investors have abandoned local stock markets for bitcoin – qz

“My Order Book Is Abysmal” – Dallas Fed Contracts For 21st Straight Month – Zerohedge
IMF Tells Swiss National Bank to Lower Rates to Combat Inflows – Bloomberg

US Bank Stocks Slide After New Fed Tests Suggest Need For “Significant Increase In Capital” – Zerohedge
Twitter deal would be at much lower price: Analyst – CNBC

Saudi Arabia Bails Out Banking System After Interbank Rates Hit 2009 Highs – Zerohedge
Saudi Arabia injects $5.3 billion into banks to ease crunch – Bloomberg

CBOE Agrees to Buy Market Operator Bats for $3.2 Billion – Bloomberg

Pfizer decides against splitting into two companies – Marketwatch

Treasury Market’s Biggest Buyers Are Selling as Never Before – Bloomberg

Bank of America to cut Asia investment banking jobs: sources – Reuters
BHP’s Broken Future – Bloomberg

Rogoff: China is the biggest threat to the global economy right now – cnbc
Key Events In The Coming Extremely Busy Week – zerohedge
German business sentiment rebounds sharply: Ifo – Marketwatch
Bank of Japan Tries New Way to Spur Spending – wsj
BOJ’s Kuroda: Ready to cut rates deeper into negative territory – Marketwatch
Presidential debate should grill Trump and Clinton on national security – Marketwatch
Soros Helping to Turn Back Tide of Hedge-Fund Outflows in Europe – Bloomberg

Deutsche Bank Slumps to Fresh Record Low on Capital Concerns – Bloomberg

India Growing 8% a Year Seen by Citi Helping Oil, Gold Demand – Bloomberg

Turkish Lira Drops on Downgrade as Oil Pressures Emerging Assets – Bloomberg
Asian Stocks Drop With European Futures as Yen Gains; Oil Rises – Bloomberg


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