TOP NEWS: Week 02/15 – 02/21

Weekend 02/20 & 02/21

NYSE Short Interest Nears Record, Pre-Lehman Level – Zerohedge
Bets On The Fed Going ‘Negative’ Are Soaring – Zerohedge
Why According To One Bank, Massive Central Bank Intervention Is Imminent – Zerohedge


Friday 02/19

Business live – guardian

When Cash Is Outlawed… Only Outlaws Will Have Cash – Zerohedge
Bank of America: “Corporate Balance Sheets Are The Most Unhealthy They Have Ever Been” – Zerohedge
The Last 2 Times “Financial Stress” Was This Extreme, The Fed Unleashed QE – Zerohedge
China Stops Reporting Key Data Showing Size Of Its Capital Outflows – Zerohedge
Fed Doves Cry As Core Consumer Prices Jump At Fastest Pace Since August 2011 – Zerohedge

Three-month yen Libor turns negative for first time – Reuters

European Banks Gain Reprieve as ECB Retreats on Capital Demands – Bloomberg

PBOC Said to Hike Reserve Ratio for Banks That Lent Too Fast – Bloomberg
Chinese Money-Market Rates Are Spiking As Post-New-Year Liquidity Hangover Hits – Zerohedge



Thursday 02/18

Asian stock markets rise on Fed minutes, oil recovery – business live – guardian

As rupee nears record lows, RBI not unduly worried – Reuters
“I Guess It’s Food Stamps”: 400,000 Americans In Jeopardy As Giant Pension Fund Plans 50% Benefit Cuts – Zerohedge
Europe Leveraged Loans Post Longest Run of Losses Since Crisis – Bloomberg
BofA Asks: Is This The Chinese Shadow Bank Failure That Will This Trigger The Chain Reaction – Zerohedge
Argentine Central Bank Intervenes in Peso First Time Since Float – Bloomberg
China Unleashes A Debt Tsunami: Creates $1 Trillion In Debt In First Two Months Of 2016 – Zerohedge
China’s Foreign Exchange Reserves Dwindling Rapidly – nyt
Hedge Funds Will Pay for You to Own Small-Cap ETFs – Bloomberg
Philly Fed Contracts For 6th Month In A Row As “Hope” Crashes To Nov 2012 Lows – Zerohedge
Treasuries Lose Out to Negative-Yield Debt in Germany and Japan – Bloomberg

OECD Cuts Global Growth Forecast and Warns of Growing Risks – Bloomberg
Elusive global growth outlook requires urgent policy response – oecd
Japan’s stimulus program is simply colossal – businessinsider
BOJ’s Governor Kuroda defends negative rates, says weaker yen wasn’t the aim – CNBC
China Said to Guide Rates Lower Without Broader Policy Cuts – Bloomberg

China’s Consumer Prices Climb in January as Food Costs Rise – Bloomberg
Nomura Sees Yen Falling More Than 10% on BOJ Negative Rates – Bloomberg
Indonesia central bank cuts key rate by 25 bps to 7.00 pct – cnbc
Australian Unemployment Spikes to 6% as Full-Time Jobs Slump – Bloomberg


Wednesday 02/17

Business Live – guardian

Bullard Admits It’s “Unwise” To Continue Rate Hikes, Says “If Needed” Will Do More QE – Zerohedge
Biggest Short-Squeeze In Over 7 Years Sparks 1000 Point Surge In The Dow – Zerohedge

Worst Earnings Letdown Since Crisis Add to Europe Stock Woes – Bloomberg
Saudi Arabia Cut to A- From A+ by S&P Amid Worsening Oil Rout – Bloomberg
Fed Minutes Show Concern About Global Market Turmoil – Bloomberg
The Ban On Cash Is Coming, Soon – Zerohedge
Negative interest rates are a calamitous misadventure – telegraph
China’s COSCO declared preferred investor for Greek Piraeus port privatization – xinhuanet
Venezuela Devalues Currency By 37% As Maduro Announces 62-Fold Increase In Gasoline Prices – Zerohedge
China Capital Flight 2.0: Lose A Lawsuit On Purpose – wsj
Italy would veto any cap on banks’ government debt holding – PM Renzi – Reuters
Why Saudi Arabia’s oil output freeze won’t boost prices – cnn
Mexico Raises Key Rate and Announces Public Spending Cuts – Bloomberg
Wall Street Girds for Commercial-Property Debt It Must Invest In – Bloomberg

Negative European rates could erode bank profits 5-10 pct: Morgan Stanley – Reuters

Fitch Cuts Anglo American to Junk as Restructure Questioned – Bloomberg

Japan’s Economic Woes Cast Shadow on Abe’s Twin Election Choice – Bloomberg

Italy is facing a full-blown banking crisis – businessinsider

This economist believes Kyle Bass is wrong on China – businessinsider
China may take a break from cutting interest rates – businessinsider

Tuesday 02/16

Markets rally ahead of UK inflation and German confidence figures – live – guardian

Warren Buffett keeps adding to his bets on the oil industry – businessinsider
Russia’s Trap: Luring Sunnis Into War – Zerohedge
Yellen Heads for March Crossroads as Market Urges Policy Detour – Bloomberg
Japan Aso: G20 to discuss China, oil, U.S. monetary policy – Reuters
50% Of Canadians Say They Are Within $200/Month Of Being Unable To Pay Their Bills – Zerohedge
Why Larry Summers wants to kill the $100 bill – Marketwatch
Presenting The Most Striking Way Chinese Are Evading Capital Controls – Zerohedge
BAML Survey: Fund Managers Park Money In Cash, Most Since 2001 – BARRONS
The €500 Note Has Been Dead for Years – Bloomberg
Calgary’s Housing Market Collapses While “Three-Alarm Blaze” Burns Next Door In Vancouver – Zerohedge
Odds of another US recession are 100% – BNP Paribas – forexlive
One Third Of Energy Companies Could Go Bankrupt Deloitte Warns As Credit Risk Hits Record High – Zerohedge
Can I Still Use Cash If It’s Torn? – money
5,525 Companies Went Bankrupt In Brazil Last Year: “It’s A Legitimate Credit Crisis” – Zerohedge
Deutsche Bank Flip Flops, Now Begs For Central Bank Intervention And Ideally More QE – Zerohedge
There’s never been a better time to borrow in history — and that’s a big problem – wp

No bears in Iran: Tehran stocks are up 25% this year – CNN
Buybacks Must Continue: AAPL, IBM Unveil Major Debt Issuance To Fund Shareholder-Friendliness – Zerohedge

Empire Fed Contracts For 7th Straight Month, Hovers At 7-Year Lows – Zerohedge
The Shanghai Accord – BofAML – FXSTREET
Goldman Asset Says Australia Stands Out in a Negative-Rate World – Bloomberg
Making it Harder for the Bad Guys: The Case for Eliminating High Denomination Notes – Peter Sands – HARVARD

‘Some super bears are now expecting an imminent collapse of China’s banking system and currency’ – businessinsider

One of the world’s biggest mining companies is cutting 5,500 jobs because of the slowdown in China – businessinsider

The Never-Ending Story: Europe’s Banks Face a Frightening Future – Bloomberg

U.K. Inflation Rate Rises to Highest in a Year on Motor Fuel – Bloomberg
China Created More Debt In January Than The GDP Of Norway, Austria Or The UAE – Zerohedge
Bad loans at Chinese banks just hit a decade high – businessinsider
Saudi Arabia and Russia Agree Oil-Output Freeze in Qatar – Bloomberg
Saudi, Russian oil ministers set to hold production talks in Qatar – Marketwatch
Kiwi Dollar Misses Rally of Peers as Inflation Expectations Drop – Bloomberg
BOJ Begins Negative Rate, Releases Estimate of Funds Affected – Bloomberg
Crime, terrorism and tax evasion: why banks are waging war on cash – guardian



Monday 02/15

Market turmoil: European shares move higher after Japan stocks soar 7% – live – guardian

The War On Paper Currency Begins: ECB Votes To “Scrap” 500 Euro Bill – Zerohedge
EUR Tumbles As Draghi Admits ECB Will “Buy” Busted Bank Loans – Zerohedge
Nigerian leaders hope a Twitter campaign to buy local can save its currency – QZ
Low Oil Prices Claim New Victim, an Offshore Drilling Company From Texas – nyt
SocGen: “The Market, Today, Is Clearly Hoping The Authorities Will Step In” – Zerohedge

Bundesbank Slashes German Inflation Forecasts on Oil Slump – Bloomberg

Azerbaijan Raises Rates First Time Since 2011 as Oil Jolts Manat – Bloomberg

Japanese banks rush to cut deposit rates ahead of BOJ going negative – Reuters
ECB in talks with Italy over buying bundles of bad loans – Reuters
Soaring Chinese Imports From Hong Kong Renew Fake Trade Concerns – Bloomberg

China’s Exports Decline as Trade Surplus Swells to Record – Bloomberg
Final quarter of ’15 saw Japan’s economy shrink again, by annualized 1.4% – japantimes
Japan economy shrinks more than expected, highlights lack of policy options – Bloomberg
China: PBOC Governor Zhou Resurfaces – ING – fxstreet
Yuan hits 2016 high against USD after PBOC’s Zhou speaks on FX strategy – cnbc
Here’s Why ECB and BOJ Can’t Copy Danish Negative Rate Success – Bloomberg

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