TOP NEWS: Week 10/19 – 10/25

Weekend 10/24 & 10/25

“The Distress Is Showing Up” Credit Managers Index Plunges To Recessionary Levels – Zerohedge
Bitcoin Soars As China’s Creeping Capital Controls Loom – Zerohedge
US Approves $11 Billion Deal To Sell Combat Ships To “Brutal Dictatorship” – Zerohedge


Friday 10/23

Meet “Stunningly Catastrophic” Patricia, The World’s Strongest Storm Ever Is About To Hit Mexico – Zerohedge
Why The Chinese Rate Cut Will Do Nothing To Slow China’s Economic Decline – Zerohedge
Is Mario Draghi About To Go Full-Kuroda? RBS Says ECB Could Buy Stocks – Zerohedge
China cuts rates again as growth engine stalls – Reuters


Thursday 10/22

Business live – guardian
Draghi Signals New Stimulus May Come This Year as Growth Falters – Bloomberg
Chicago Fed National Activity Stagnates At 20-Month Lows – Zerohedge
Caterpillar third-quarter profit tumbles – Reuters
The Strongest El Nino in Decades Is Going to Mess With Everything – Bloomberg
World’s Biggest Wealth Fund Calls for Rules to Fight ETF Risks – Bloomberg
HSBC: Norway and Sweden are in bubbles that ‘may not be sustainable’ – businessinsider
Vale Earnings Slide as Metal Meltdown Blunts Cost Cutting – Bloomberg
U.K. Sept. Retail Sales Rise More Than Forecast on Rugby Cup – Bloomberg
Hyundai reports lowest earnings in more than 5 years – businessinsider

Hong Kong Housing Prices Starting to Ease, Says Chief Executive – Bloomberg

As China weakens, recession stalks North Asia – Reuters



Wednesday 10/21

Business live – guardian
Citi Expects Imminent Easing From Central Banks Of China, Australia, Japan And Europe – Zerohedge
Valeant Shares Plummet as Citron Examines Specialty Pharmacy – Bloomberg
Russia Races Past Saudi Arabia in Tussle for Chinese Oil Market – Bloomberg
Xi Jinping in Britain: The China-U.K. Deals So Far – Bloomberg
Caterpillar’s Endless Pain Screams Global Depression – Zerohedge
Lam to Buy KLA-Tencor in $10.6 Billion Chip Machinery Deal – Bloomberg
Why miners may want to rethink high output – cnbc
Romania Selling Longest-Dated Euro-Denominated Bonds – Bloomberg
Brazil Impeachment Papers About to Drop as Crisis Hits New Stage – Bloomberg
What to Expect From Tomorrow’s ECB Meeting – Bloomberg
Saudis Risk Draining Financial Assets in 5 Years, IMF Says – Bloomberg
LG surges 14% on deal to make parts for Chevy Bolt EV – cnbc
China Defaults Seen Rising After Sinosteel Misses Payment – Bloomberg
China Steel Output May Collapse 20%, Baosteel Chairman Says – Bloomberg
Bad Boy Ruble Turns Star Currency for Fans of Russia Carry Trade – Bloomberg
OPEC Is About to Crush the U.S. Oil Boom – Bloomberg
China’s Stocks Fall Most in Month as Small-Caps Lead Declines – Bloomberg

Credit Suisse to Raise $6.3 Billion Of Capital in Strategy Shift – Bloomberg
CBI says leaving EU would have serious consequences for Britain – bbc
China’s Overheated Bond Market Showing Strain for Local Bankers – Bloomberg

Japan export growth slows sharply, raising fears of recession – Reuters
Asia Stocks Gain With U.S., U.K. Index Futures on Stimulus Bets – Bloomberg
Venezuela’s president says oil industry needs $88 price – Reuters


Tuesday 10/20

Steel crisis grows as Tata unveils job cuts – business live – guardian
Ferrari IPO values car maker at nearly $10 billion – Marketwatch
Brazil Pension Crisis Mounts as More Retire Earlier, Then Pass Benefits On – nyt
Diamond Industry Dragged Into Slump as China Demand Ebbs Away – Bloomberg
Consumer Reports drops Tesla Model S recommendation, Tesla stock nosedives – Marketwatch
Rethinking Japan – nyt
Hedge Fund Assets Decline by Biggest Amount Since Financial Crisis – nyt
What does China own in the UK? – bbc
Big Oil Is a Buy as Cutbacks Pave Way for Recovery – Bloomberg
Hedge Funds are Bringing Back Everyone’s Least Favorite Toxic Investment – Bloomberg
Is ECB President Mario Draghi set to launch QE2? – cnbc
Amazon to Hire 100,000 Temporary Employees for Holiday Ramp-Up – Bloomberg
Greece to be handed bail-out cash as inspectors return – telegraph
Swiss Watch Quarterly Exports Decline the Most Since 2009 – Bloomberg
Here’s Why Japanese Investors Have Gone Ga-ga Over That Leveraged ETF – Bloomberg
Lessons for Draghi From a Land of Sub-Zero Interest Rates – Bloomberg
Uganda Raises Interest Rate to 17% as CPI Hits Two-Year High – Bloomberg
ECB shows Irish and Spaniards got poorer as Germans, Dutch prospered – Reuters
Oberthur Eyes Europe’s Biggest Technology IPO This Year in Paris – Bloomberg
Switzerland’s Currency Battle May Intensify If ECB Expands QE – Bloomberg
Thanks Glencore: Zinc Rival Plans Expansion as Deficit Seen – Bloomberg
Sinosteel to Default on Bonds After Government Said to Help – Bloomberg
A Quick End to Greek Capital Controls? Economists Don’t Think So – Bloomberg
est winner from Japan Post IPO: Abenomics – cnbc

China Financial Sector Shrugs Off Stock Rout to Fuel GDP Growth – Bloomberg
Trudeau’s Liberals Oust Harper With Surprise Canada Majority – Bloomberg
Good Luck, Canada – Zerohedge
Australia: Where to for Sydney house prices? – betashares

RBA Minutes saw ‘glass half full’ – ANZ – forexlive
RBA Minutes: Economic, financial conditions will inform policy stanace – forexlive
Boomers feeling squeezed by the rise in rents – marketwatch
The 15 U.S. Cities Where Rents Are Rising Fastest for Single-Family Homes – Bloomberg



Monday 10/19

Markets uncertain despite better than expected Chinese GDP – business live – guardian
China’s Q3 GDP: News and analysis – live – cnbc
U.K. Throws Lavish Welcome for Xi in Hopes of ‘Golden Era’ in China Trade – Bloomberg
IBM Reports Terrible Q3 Earnings: Worst Revenue Since 2002; Slashes Guidance – Zerohedge
Lew: I worry there could be a debt limit accident that could be terrible – cnbcTo Reduce the Cost of Drugs, Look to Europe – nyt
Deutsche Bank: If The Fed Kneecaps U.S. Credit Growth, Get Ready For Twist 2.0 – Bloomberg
“The Squeeze Has Run Its Course” – According To BofA “The Rally Needs Central Bank Action To Continue” – Zerohedge
Currency Rally Sows Seeds of Own Destruction in Policy Paradox – Bloomberg
Canadians Head to Polls With Trudeau Poised to Oust Harper – Bloomberg
The Great Ball of China Money Rolls into Bonds – Bloomberg
Weight Watchers stock soars toward 7-month high after Oprah Winfrey takes stake – Marketwatch
Irish traders in London set up ‘virtual hedge fund’ – irishtimes
Brazil Bull Who Got It Right in 2002 Says This Time No Different – Bloomberg
Hedge Funds Turn Bullish on Treasuries as Yield Hovers Near 2% – Bloomberg
LIVE: Morgan Stanley announces earnings – businessinsider
ECB Heads to Malta Meeting as More QE Seen a Matter of Time – Bloomberg
El Nino halts Papua New Guinea gold mine-Barrick – Reuters
Do Not Expect a Commodity Rally Any Time Soon – morningstar
J.P. Morgan Cazenove thinks European equities will do better than US – newsmarkets
Euro area: continued growth, but with external risks – bbva 

1st LD: China retail sales up 10.9 pct in Sept. – icrosschina

China’s industrial output up 5.7 pct in September – icrosschina
China’s Q3 GDP data: Quick facts – cnbc
China Q3 GDP responses – forexlive
China economy logs weakest growth since 2009 – Reuters
Canada’s Election Matters More Than You Think – bloombergview

Leave a Reply

Your email address will not be published.