TOP NEWS: Week 10/05 – 10/11

Weekend 10/10 & 10/11

Turkey says election will go ahead despite Ankara bombing – guardian
The Dollar & China’s “Financial War” – Zerohedge
US Recession Watch: The Inventory Liquidation Looms – Zerohedge
XLFS, XLRE: First New Sector SPDR ETFs In 17 Years – etftrack
Fed officials seem ready to deploy negative rates in next crisis – Marketwatch
FX: why hasn’t the EUR weakened due to risk-on? – nordea
Credit Suisse Said to Weigh Stock Sale of Up to $8.3 Billion – Bloomberg


Friday 10/09

Global stocks rally as Fed minutes suggest no rush to raise US rates – live – guardian
A U.S. Recession Just Got a Little More Likely – Bloomberg
Another Petro-State Throws In The Towel: The Last Nail In The Petrodollar Coffin – Zerohedge
The biggest drag on corporate profits is about to vanish – businessinsider
Wholesale Inventories Rise And Sales Tumble Sending Ratio To “Recession Imminent” Cycle Highs – Zerohedge
“It’s Not A Risk-On Rally, This Is The Biggest Short Squeeze In Years” Says Bank Of America – Zerohedge
Oil set for biggest weekly rise since 2009 – cnbc
Goldman Sachs: This Oil Rally Is Not Going to Last – Bloomberg

China ‘Golden Week’ retail sales growth slows to 11 percent year-on-year – Reuters
Why emerging economies are slowing down – bbc

Glencore slashes zinc production by 30% – bbc
Emerging Currencies Set for Best Week Since 1998 as Stocks Surge – Bloomberg
Credit Suisse Shorts Euro in Opaque, Low-Volatilty World – Bloomberg
It seems like China is becoming the lender of last resort for Argentina – businessinsider


Thursday 10/08

German exports slump at fastest pace since 2009 – business live – guardian
Industrial giant Alcoa has bad news about China – businessinsider
Volkswagen to Get `Free’ Capital From $4.2 Billion Bond Maturity – Bloomberg
Alcoa slashes it outlook for China’s production of cars, heavy duty trucks – Marketwatch
FOMC Minutes Confirm Economy Not Ready For Rate-Hike This Year, Worried About Inflation, “Global Risk” – Zerohedge
The danger of foreign buyers gobbling up American homes – Marketwatch
A Junky Rally – theirrelevantinvestor
WTI Crude Surges Back Above $49 After OPEC Comments – Zerohedge
ETFs and Junk Bonds Are an Explosive Mix: Lisa Abramowicz – Bloomberg
Bill Gross Sues PIMCO “Cabal” Over Ouster, Seeks “Hundreds Of Millions”, Blames El-Erian – Full Complaint – Zerohedge
Pimco Bets Emerging-Market Currencies Are Set For Further Losses – fa
LARRY SUMMERS: The global economy is in serious danger – businessinsider
Brazilian Nightmare Continues As Rousseff Suffers Major Setback, Impeachment Looms – Zerohedge
Morgan Stanley Bond Team Faces the Question: Can Fed Avoid QE4? – Bloomberg
Saudi Arabia Declares Spending Moratorium As Oil Rout Bankrupts Kingdom – ZeroHedge
JPMorgan is in talks to buy a huge trading portfolio from Deutsche Bank – businessinsider
Gartman vs Goldman: “Oil Rally To Fade” Warns Blankfein’s Bank – ZeroHedge
Brits’ Raid on Savings Raises Questions for BOE – Bloomberg
ALBERT EDWARDS: The world is ‘turning Japanese’- businessinsider
Norway Says Tax Reform to Boost Marginal Oil Projects Amid Slump – Bloomberg
Day After Deutsche Bank Admits Not All Is Well, Swiss Giant Credit Suisse Also Admits It Needs More Cash – ZeroHedge
China’s Stocks Rise After Trading Break Amid Targeted Stimulus – Bloomberg
Abe Refocuses on Economy: A Discussion with Jesper Koll – wisdomtree
Silver Slides From 3-Month High as Investors Cut Fund Holdings – Bloomberg
Account of the monetary policy meeting – europa
China’s growth to rebound to 7.2% in Q4 from 7.0% in Q3 – Deutsche Bank – fxstreeet
TPP trade deal: The US is back in the game – tradingfloor
JPY: In The Race To The Bottom, Steroids Also Help – SocGen – efxnews
Nomura Slashes China’s 2016 Economic Growth Forecast To 5.8% From 6.7% As Slowdown To Deepen – emergingequity
HSBC Cuts Treasury Yield Forecasts on Shallow Fed Rate Path Bets – Bloomberg
Global Daily Insight 8 October 2015: Fed hike now seen in 2016 – abnamro
Uniqlo-owner Fast Retailing misses profit forecast on impairment losses – Reuters
Pimco Sees Peripheral Bonds Giving ECB More Bang for QE Buck – Bloomberg
German exports plunge at fastest pace since crisis – Reuters
German Exports Slump Most Since 2009 Recession in Sign of Risks – Bloomberg
Deutsche Bank Braces for $7 Billion Loss, May Scrap Dividend – Bloomberg
WisdomTree’s Best and Worst Equity Indexes: Third Quarter 2015 – wisdomtree



Wednesday 10/07

Global growth fears grow as German and Spanish industrial output falls – business live – guardian
Deutsche Bank just announced a massive write down and the stock is getting crushed – businessinsider
GoPro plummets after thunderous price cut, but analysts still see opportunity – Marketwatch
PREVIEW: ECB Minutes to Focus on Any Hints of More QE, Deposit Rate Cut – Bloomberg
“You Never Go Full-Krugman”: Insane Helicopter Money Calls Continue As Trapped Central Banks Face Keynesian Endgame – Zerohedge
Bank of America says banks may have $100 billion in exposure to Glencore  – Marketwatch
Investors must get realistic on returns in sluggish markets: Blackrock – Reuters
Former IMF chief economist backs ‘people’s QE’ – Reuters
Monsanto slashing 2,600 jobs, buying back shares as sales fall – Reuters
BlackRock Calls for Halting the Stock Market to Avoid Volatility – Bloomberg

What the IMF Said About India’s Growth Outlook – wsj
Abu Dhabi Said to Explore Asset Sales After Slump in Oil Price – Bloomberg
U.K. Industrial and Manufacturing Output Rise in August – Bloomberg

Oil Drillers Hunker Down for More Pain One Year Into Bear Market – Bloomberg
German Industry Output Unexpectedly Falls Amid Chinese Slowdown – Bloomberg
Tesco U.K. Earnings Beat Estimates as Retailer Revamps Offering – Bloomberg
t’s not checkmate yet: Beijing to counter US-led Trans-Pacific Partnership trade pact – scmp

Samsung’s profits are surging — despite its smartphone woes – ap
China’s Foreign Reserves Post Record Quarterly Drop on Yuan – Bloomberg
Bank of Japan Refrains From Adding to Record Stimulus – Bloomberg


Tuesday 10/06

German factory orders slide unexpectedly – business live – guardian
Most Americans have less than $1,000 in savings – Marketwatch

World’s Largest Sovereign Wealth Fund Is Forced To Begin Liquidating Assets – Bloomberg
Templeton Betting on `Multi-Decade’ Emerging-Market Opportunity – Bloomberg
Goldman, Morgan Stanley win back hedge fund trading business – Reuters
Pro-growth Japan–One Team, One Dream – wisdomtree

European stocks to rally but unlikely to regain 2015 peaks – Reuters poll – Reuters
These are the 2 things that will drive markets in the next three months – businessinsider
IMF Cuts Global Growth For The Fourth Time In 12 Months… But That’s Not The Biggest Problem – Zerohedge
IMF cuts global growth forecasts for 2015 again – cnbc
Yuan ‘Free Lunch’ Gone After Devaluation, Says Hang Seng Bank – Bloomberg
Bank of England Won’t Raise Rates Until 2017, Markets Show – Bloomberg
German Factory Orders Unexpectedly Fall in Sign of Economic Risk – Bloomberg
JPY: Japanese economic outlook lowered for FY15-17 – Nomura – fxstreet
Australia central bank holds rates steady for fifth month – Reuters
AUD: RBA keeps rates unchanged, downside risks elevated – ANZ – fxstreet
Pacific Trade Accord Boosts Abe’s Drive to Recharge Japan – Bloomberg
TPP trade deal signed. Now for the detail – macrobusiness
Hong Kong factory gauge rises slightly – Marketwatch
Saudi Arabia may go broke before the US oil industry buckles – telegraph



Monday 10/05

Glencore shares surge on sale talks – business live – guardian
Squeezing Germany’s Labor Market – Bloomberg
Spain’s 2015, 2016 budgets risk breaking rules -EU Commission – Reuters
Greece Unveils Tough Draft Budget for 2016 – nyt
Japan’s ‘Abenomics’ experiment is on the rocks – cnn
Blackstone CEO Steve Schwarzman Doesn’t See China `Hard Landing’ – Bloomberg
Gas Bears Bathing in Shale Glut Raise Net Short Bets to Record – Bloomberg
ECB Post-Summer Boost to Bond Purchases Slows Near Month End – Bloomberg
Services drives faster decline in private sector output – markit
The Trans-Pacific Partnership Trade Deal Explained – nyt
Trans-Pacific Partnership Trade Deal Is Reached – nyt
Emerging economy corporate debt: The threat to financial stability – vox
Is This The Beginning Of The End Of The USD-Uptrend? – Credit Agricole – efxnews
Glencore CEO sees massive commodities destocking around the world – Reuters
U.K. Services Expand at Slowest Pace in More Than Two Years – Bloomberg
A rare Baer-ish call on Japanese stocks – cnbc
Euro-Area Growth Seen Slowing in Sign More Stimulus May Be Ahead – Bloomberg
Germany: Business activity growth slows, but new orders rise at strongest rate in a year – markit
French service sector activity growth quickens in September – markit
Italy: Services economy sees a rise in business activity, but also job losses – markit
Irish services activity continues to rise sharply at end of Q3 – markit
UBS with brief comments on the week ahead for central banks – forexlive
Spain PMI Services: Slowest expansion of activity in 2015 so far – markit

U.K. to Sell at Least £2 Billion of Lloyds Shares Next Spring – Bloomberg
Now what? No clear winner in Portugal election – cnbc

Philippine Pension Buys Stocks Amid Record Foreign Outflows – Bloomberg

Service sector activity growth slows towards end of Q3 – markit

World Bank cuts Asia growth forecast on China and US rates – bbc
Macau Casino Shares Jump After Visitors, Reported Support – Bloomberg
Glencore Surges 72 Percent in Hong Kong Amid Unit Sale Talks – Bloomberg
American Apparel files for bankruptcy protection – bbc
Portugal’s Austerity Champion Coelho Shows Rajoy Victory Path – Bloomberg
Saudi Arabia cuts oil prices amid OPEC price war – Marketwatch
Is this the mother of all warnings on EMs? – cnbc
VW scandal spells danger for these economies – cnbc

Leave a Reply

Your email address will not be published.