TOP NEWS: Week 11/21 – 11/27

Weekend 11/26 & 11/27

Fillon Leads French Republican Primary as Count Continues – Bloomberg
India’s Modi Admits Plan Shifting Nation To “Cashless Society” – Zerohedge
Black Friday Shoppers Curb Spending as They Chase Discounts – Bloomberg
OPEC Pushes for Oil Deal as Saudis Open Door for No Output Cut – Bloomberg
China Unveils New Capital Controls – Zerohedge

Friday 11/25

Online rush for bargains kicks off Black Friday – business live – guardian

Oil Erases The Week’s Gains After Reports Monday OPEC/NOPEC Meeting Cancelled – Zerohedge
Forget The Fed, Short-Term Funding Costs For American Business Are The Highest In 8 Years – Zerohedge
US Services Economy Declines Post-Trump, But Markit Sees “Green Light” For Fed Hike – Zerohedge
Saudis Said to Pull Out of Russia Talks as OPEC Deal No Closer – Bloomberg

Why Italy should vote no in its referendum – economist

Cash Crackdown Escalates: India May Impose 60% Tax On “Unaccounted” Deposits, Curbs On Gold Holdings – Zerohedge
U.K. Economy Shows No Sign of Brexit Effect as Spending Rises – Bloomberg
UK Consumers rack up debt at fastest pace since the pre-crash boom years – TELEGRAPH

HSBC: These are the 3 biggest mistakes people are making about the Italian referendum – businessinsider
How Goldman Sachs expects emerging market economies will fare in 2017 – businessinsider

Japan’s CPI Falls Again, Extending Longest Streak Since 2011 – Bloomberg


Thursday 11/24 – Thanksgiving

Euro hits 20-month low as German slowdown confirmed – business live – guardian

Pimco Says TIPS Have Further to Run as Morgan Stanley Sees Peak – Bloomberg
Venezuela’s Currency Just Had the Biggest Monthly Collapse Ever – Bloomberg
Paschi Investors Approve $5.3 Billion Capital Raising Plan – Bloomberg
Turkish Lira Jump Proves Shortlived as Central Bank Effect Fades – Bloomberg

German Business Confidence Holds at Highest Level Since 2014 – Bloomberg
Credit Suisse Said Raising $2 Billion for Hedge Fund Stakes – Bloomberg
ECB Warns of Market Correction as Political Instability Spreads – Bloomberg

How to Boost the Global Economy? Higher Oil Prices, Goldman Says – Bloomberg

Turkish Lira Weakens as Traders Await Central Bank Rate Decision – Bloomberg
Here’s how far US interest rates expectations have shifted since Donald Trump became president-elect – businessinsider

Spanish Economic Growth Keeps Pace as Rajoy Seeks Budget Accord – Bloomberg
German Domestic Demand Supported Economy in Weaker Third-Quarter – Bloomberg

Philippine Market in a Funk as Peso Slides to 2008 Crisis Level – Bloomberg
Dollar Rally Fails to Entice $1 Trillion Manager Wary of China – Bloomberg
The Chinese yuan is sliding against the US dollar – businessinsider
Gold Buckles Below $1,200 as Ascendant Dollar Spurs ETF Exodus – Bloomberg
IMF: Chinese banks are disguising bad debt just like US banks did before the ’08 financial crisis – businessinsider
Japan’s manufacturing sector grew for a fourth straight month in November – businessinsider
India’s Cash-Canceling Experiment – Bloomberg
DEUTSCHE BANK: 3 reasons why the Australian dollar’s going lower – businessinsider
India’s Cash Ban Is the Best Thing to Happen to Digital Payments – Bloomberg


Wednesday 11/23

Business Live – guardian

What Eli Lilly’s hard fall in Alzheimer’s treatment race means for its competitors – Marketwatch
Trumpflation Might Not Help Gold if Real Rates Keep Rising – Bloomberg
U.K. Cuts 2017 Growth Forecast and Plans to Increase Borrowing – Bloomberg
Durable Goods Surge On Aircraft Orders Spike, Ex-Air Shipments Tumble For 15th Straight Month – Zerohedge
German Bunds Drop as ECB Said to Consider Lending Out More Bonds – Bloomberg
GERMANY: November PMI data point to solid economic growth in Germany – markit

Eurozone PMI signals strongest growth so far this year – markit

FRANCE: Output growth remains solid in November – markit
A hoax press release crashed shares in a €35 billion French construction company by 20% – businessinsider
What Will India Do With 23 Billion Worthless Banknotes? – Bloomberg



Tuesday 11/22

Business Live – guardian

Freer U.S.-China Trade Coincided With Suicide Surge for White Males – Bloomberg
Trump Shifts Tone on Climate Change, Environmentalists Scoff – Bloomberg
Moody’s Revises Outlook on Greek Banking System to Stable From Negative Amid Profitability and Funding Improvements – moody’s

Japan’s Prime Minister Says the TPP Is ‘Meaningless Without the U.S.’ – fortune

A Trade War Against China Might Be a Fight Trump Couldn’t Win – nyt
What does Trump’s no to TPP mean for Asia? – bbc

DEUTSCHE BANK: The rotation from US bonds to stocks is just getting started – businessinsider

The post-election stock market rise could unleash a cascade of volatility – businessinsider
India Demonetisation Fallout Offset by Uncertain Benefits – fitch
Taiwan Airline TransAsia to Shut Down After Suffering Losses – Bloomberg

Monday 11/21

Trump effect fades as markets brace for autumn statement – business live – guardian

All Tsunami Alerts Lifted After 7.4 Quake Rocks Northern Japan – Bloomberg
Emerging Asia Sees $11 Billion Outflow as Dollar Rises on Trump – Bloomberg

US Treasury Risk Spikes To 3 Year High Versus Stocks – Zerohedge

FRANCE’S MAGGIE? New favourite to be France’s next President Francois Fillon is Thatcher-loving Anglophile married to a Welsh woman – sun
How India’s Cash Chaos Is Shaking Everyone From Families to Banks – Bloomberg
Why Euro is Still Headed to 1.05 – bk
Indian Stocks Near Death Cross Sell Signal on Cash Ban: Chart – Bloomberg
A Tiny Bond ETF Could Be Signalling the Start of a Big New Investing Theme – Bloomberg

India Uses Helicopters, Air Force Planes To Deliver Freshly Printed Cash – Zerohedge
Euro zone nations turn to hedge funds to meet borrowing needs – Reuters
ECB Rejects Buying Stocks As Draghi Drops The ‘C’ Word To EU Parliament – Zerohedge
In Bond Traders’ Trump Nightmare, Some Big Winners Emerge – Bloomberg

2 Year Treasury Prices At Highest Yield Since 2009, And It Could Have Been Worse – Zerohedge
Banks Are Entering A ‘New World Order,’ Analyst Says – Bloomberg
WTI Tops $48 After “Making Progress” Headlines From OPEC – Zerohedge
Why Investors Shouldn’t Get Overly Excited About a Trump Fiscal Boom – Bloomberg
Hedge Funds Hold Back Amid Dollar’s Biggest Rally Since 2008 – Bloomberg
Citigroup raises share buyback program by up to $1.75 billion – Reuters

Citigroup Leads U.S. Banks Higher in Global Systemic Risk List – Bloomberg

Deutsche Bank: Trump Could Push the U.S. Economy and Stock Markets to New Records – Bloomberg
Hungary’s Tax Cut to EU’s Lowest Seen Risking Race to the Bottom – Bloomberg
What President-elect Trump means for every U.S. industry – Marketwatch

Yuan Falls to Eight-Year Low as Central Bank Cuts Reference Rate – Bloomberg

Indian Bank Shares Tumble as Cash Revamp Seen Threatening Profit – Bloomberg
Japan Looks to Increase Role of Fiscal Policy in Next Budget – Bloomberg
Japan exports drop for 13th consecutive month – Marketwatch
Dallas Stares Down a Texas-Size Threat of Bankruptcy – nyt


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