TOP NEWS: Week 01/04 – 01/10

Weekend 01/09 & 01/10

It Begins: FXCM Doubles Yuan Margins, Warns Of Market “Disruption And Highly Illiquid Conditions” – Zerohedge
One Map That Explains The Dangerous Saudi-Iranian Conflict – Zerohedge
3 new Adaptive Currency Hedged ETFs by iShares – etftrack
46 Months Of Accelerating Deflation Mean Beijing Is Now Trapped – Zerohedge
Investors Pull $8.8 Billion From World Equity Funds in 2016 Rout – Bloomberg


Friday 01/08

Chinese stock market closes 2% higher after ‘national team’ intervenes – live – guardian
This Is The $3.5 Trillion “Neutron Bomb” That Keeps Kyle Bass Up At Night – Zerohedge
Shock, Laughter Greet Plan for Saudi Arabian Sale of the Century – Bloomberg
Raoul Pal Explains What Indicators He Looks At To Decide If The Next Crisis Has Arrived – Zerohedge
That Giant Sucking Sound You Hear Is the ETF Options Market – Bloomberg
Market Massacre: Worst Ever First Week Of Trading – Zerohedge
China’s yuan devaluation is far from over, Goldman Sachs says – Marketwatch
When 3 Trillion Just Isn’t Enough: Analysts Fret Over “Worrying” China Reserve Burn – Zerohedge
How Low Will The Yuan Go? Deutsche Bank Answers – Zerohedge
4 new Dividend Dynamic Currency Hedged ETFs by WisdomTree – etftrack
Where The December Jobs Were: Minimum Wage Deluge Continues – Zerohedge

Wholesale Trade Data Suggest Manufacturing Recession Spreading To Entire Economy – Zerohedge
December Jobs Soar by 292K, Smash Expectations But Average Wages Post First Drop Since 2014 – Zerohedge
U.K. Trade Deficit Narrows as Imports Decline on Cheaper Oil – Bloomberg
RBS: “This Is Simply The Worst Week We Had In Recent History… After Too Much Policy Kool-aid” – Zerohedge
German Industrial Output Unexpectedly Falls Amid China Risks – Bloomberg
Samsung Electronic’s misses expectations on Q4 profit guidance – cnbc
Yuan Seen Needing Bigger Depreciation for China to Reap Benefits – Bloomberg
China Finds $3 Trillion Just Doesn’t Pack the Punch It Used To – Bloomberg
China central bank intervening to support yuan via state-owned banks: traders – Reuters
People’s Bank of China guides yuan up but weak outlook remains – cnbc
Australia’s Jobs Data Roller Coaster Seen Taking Another Loop – Bloomberg


Thursday 01/07

Stock markets slide and oil tumbles after China suspends trading again – live updates – guardian
Denmark’s Central Bank Raises Key Interest Rate to Minus 0.65% – Bloomberg
Canadian Stocks Enter Bear Market as Energy Selloff Deepens – Bloomberg
Chinese regulator suspends circuit breakers – cnbc

Canada PMI Crashes Into Contraction – Zerohedge
Saudi Devaluation Odds Highest In 20 Years, Kingdom Now More Likely To Default Than Portugal – Zerohedge
This might be the most important chart in the world right now – businessinsider
Copper Futures Crash Below $2 For First Time Since 2009 – Zerohedge

Noble Group under pressure as S&P cuts rating to junk – telegraph
Opinion: Apple’s real cash pile is 99% smaller than you think – Marketwatch
The China financial crisis of 2016 is partly a reflection of the mighty US Dollar – notayesmanseconomics
China Foreign-Exchange Reserves Extend Slump – Bloomberg
Is this really 2008 all over again? – economist
Pressure on China Central Bank for Bigger Yuan Depreciation: Sources – nyt
Capital flight pushes China to the brink of devaluation – telegraph
George Soros Sees Crisis in Global Markets That Echoes 2008 – Bloomberg
Shanghai Fund Manager Dumps All Holdings in ‘Insane’ Market – Bloomberg
China lets yuan fall faster, share trading suspended as prices tumble – Reuters
China guides yuan sharply lower; jolts markets, offshore currency plunge – cnbc
PBOC Pares Open-Market Injections as Money-Market Rates Decline – Bloomberg
China’s Stock Traders Go Home After 29 Minutes – Bloomberg


Wednesday 01/06

Markets nervous after more weak Chinese data – business live – guardian
Macy’s Massacre: Thousands Fired; Guidance Slashed (Again); Weather Blamed – Zerohedge
FOMC Minutes: ‘Gradual And Vague’: What’s Next? – BNPP – efxnews
9 Key Points From The FOMC Minutes – Danske – efxnews
FOMC Minutes Show Fed Rate Hike Decision Was “A Close Call”, Feared Market Reaction – Zerohedge
A Disturbing Warning From UBS: “Buy Gold” Because A 30% Bear Market Is Coming – Zerohedge
The Contrarian View: Why HSBC Sees No ‘Sweet 16’ For The USD – efxnews
US Factory Orders Deep In Recession – Tumble YoY For 13th Month In A Row – Zerohedge
Manufacturing Leads, Services Follow: ISM Collapses To Weakest Since March 2014 As “Pace Of Hiring” Slows – Zerohedge
World Bank issues ‘perfect storm’ warning for 2016 – guardian
Trade Deficit Improves In November Despite Trade Slowdown, As “Exports Decrease Less Than Imports” – Zerohedge
ADP Payrolls Soar To Highest Since 2014, Zandi Sees “Return To Full Employment By Mid-Year” – Zerohedge
LEAD: new US Dividend Growth ETF by Reality Shares – etftrack
Legg Mason Launches First Suite Of ETF Products – etftrack
Eurozone economic growth hits four-and-a-half year high in final quarter – markit
Germany: Strongest rise in service sector business activity for nearly one-and-ahalf year – markit
French service sector business activity slips into contraction during December – markit
Italy: Service sector growth accelerates to fastest in over five-and-a-half years – markit
Markit Spain Services PMI: Growth maintained at end of 2015 – markit
China’s Weakening Yuan Is Bad News for Japanese Equities – Bloomberg
Offshore Chinese yuan plunges to five-year low against dollar – cnbc
Opinion: DPRK’s H-bomb test harmful to regional stability – xinhuanet
Caixin China Services PMI Falls to Second Lowest in Decade – Bloomberg



Tuesday 01/05

European markets bounce back after China rout – business live – guardian
US Auto Sales Plunge To 6-Month Lows – Biggest Miss Since Nov 200 – Zerohedge
Apple Plunges After Nikkei Reports iPhone Production Cuts Up To 30% – Zerohedge
Another Bank Throws In The Towel: “After 6 Years Of Outperformance” Citi Cuts US Stocks To Underweight – Zerohedge
Deutsche Bank cuts U.S. GDP forecasts – Reuters
A “Perfect Storm Is Coming” Deutsche Warns As Baltic Dry Falls To New Record Low – Zerohedge
FOMC Minutes Guide: From 2016 Rate Path to Inflation Projections – Bloomberg
BofA: The Shanghai Composite Will Plummet by Nearly 30% in 2016 – Bloomberg
Buy the dips? No, sell the rallies: JPM strategist – cnbc
Iran vs. Saudi Arabia: Heating up the confrontation – bbva
Euro area: The ECB will not like these inflation numbers – nordea
Euro-Area Inflation Stuck Close to Zero May Add Pressure on ECB – Bloomberg
Portugal’s Bank Bail-In Sets a Dangerous Precedent – Bloombergview
German Unemployment Falls in Sign Domestic Demand to Stay Robust – Bloomberg
Kuwait recalls ambassador from Iran – bbc
Why China is the biggest threat to U.S. stocks in 2016 – wmur
China Halt Gives Investors New Reason to Shun Hong Kong Stocks – Bloomberg
Spain Jobless Claims Decline in December of Christmas Hiring – Bloomberg
China central bank injects billions to ease liquidity strain – peoplecn
China Said to Intervene in Stocks After $590 Billion Selloff – Bloomberg
End of China Share-Sale Ban to Have `Limited’ Impact, CSRC Says – Bloomberg


Monday 01/04

China slowdown spooks global markets, while UK and US manufacturing disappoint – live – guardian
China is biggest concern in 2016: Citi investment chief – cnbc
Byron Wien Sees Weak Stocks, Clinton Victory in ’16 Predictions – Bloomberg
This Just Became The Most Important Map In Geopolitics – Zerohedge
These 10 Numbers Will Tell Canada’s Economic Story in 2016 – Bloomberg
This Time Mideast Tensions Are Bad News for Oil – Bloomberg
US Government Discovers 10 Years Of “Processing Errors” In Construction Spending Data Slamming GDP – Zerohedge
Puerto Rico Defaults on Debt Payments – nyt
Grains Fall to Nine-Year Low on Global Supply Glut, Equity Rout – Bloomberg
BlackRock sees low return year for stocks – cnbc
Atlanta Fed Just Slashed Q4 GDP Forecast To Barely Positive 0.7%, Down 1.2% In Ten Days – Zerohedge
German Inflation Misses Estimate, Highlighting Challenge for ECB – Bloomberg
Angola’s Kwanza Falls Most Since 2001 to Record in Devaluation – Bloomberg
China slowdown to hit luxury real estate – cnbc
Puerto Rico’s General-Obligation Bonds Rally as Default Averted – Bloomberg

Biggest Economies Face $7 Trillion Debt Refinancing Tab in 2016 – Bloomberg
Elections Have Consequences – nyt
Industrial Recession Now Inevitable As Manufacturing ISM Worst In Six Years – Zerohedge
USA: Weakest upturn in manufacturing business conditions for just over 3 years in December – markit
The next casualty in Saudi Arabia’s oil price war might be its own economy – businessinsider
As Stocks Plunge, Swedish Central Bank Holds Extraordinary Meeting, Says Will “Instantly Intervene” If Necessary – Zerohedge
Canada: Manufacturing performance drops to a new survey-record low in December – markit
The Best And Worst Performing Assets Of 2015 – Zerohedge

JPMorgan Crushes The BTFDers: “Sell Any Rallies” – Zerohedge
Five Key Takeaways from 2015 ETF Flows – Bloomberg
China, euro zone factories suggest global economy still fragile – Reuters
Brazil Analysts Ring in New Year With Deeper Recession Forecast – Bloomberg
Migrant crisis: Sweden border checks come into force – bbc
As Saudi Arabia severs ties with Iran, questions loom in volatile region – cnn
Mideast Stocks Sink After Saudis Cut Diplomatic Ties With Iran – Bloomberg
Saudi Arabia clash with Iran, worst since 1980s, risks deeper conflict – livemint