TOP NEWS: Week 02/22 – 02/28

Weekend 02/27 & 02/28

Markets At Risk As “Tepid, Uninspiring” G20 Proves Investor Hopes Were “Pure Fantasy” – Zerohedge



Friday 02/26

G20: Market rally continues, while Osborne warns of Brexit risks – live – guardian

IMF, China Officials Voice Concerns Over `Brexit’ at G-20 – Bloomberg
The Jungle of the $2 Trillion ETF Market Is Getting Even Denser – Bloomberg

One bank CEO outlines what will happen to your bank account if the Fed takes interest rates negative – businessinsider

Laid Bare in Shanghai: G-20 Tensions Over How to Spur Growth – Bloomberg

DoubleLine’s Gundlach says firm bought some equities two weeks ago – Reuters

Q4 GDP Revised Higher To 1.0% Thanks To Less Inventory Liquidation Even As Consumption Disappoints – Zerohedge

U.S. Growth Revised Higher on Upward Adjustment to Inventories – Bloomberg

Risk Bounce To Extend If G20 Delivers In 1 Of These 3 Areas – Credit Agricole – efxnews

Citigroup Warns of More Market Turmoil If G-20 Fails to Deliver – Bloomberg

Deutsche Bank: It’s time to buy gold – cnbc

Deutsche Boerse Nears Merger With LSE as Brexit Vote Looms – Bloomberg
RBS Pushes Out Dividend Timing After Eighth Straight Annual Loss – Bloomberg

Germany Opposes Any G-20 Fiscal Stimulus; Focuses on Reform – Bloomberg
OECD sounds alarm over slowdown in policy changes – Marketwatch
China’s Stocks Stabilize After Rout as Zhou Sees Room to Ease – Bloomberg
Japan January core CPI flat, keeps policymakers under pressure – Reuters


Thursday 02/25

Business Live – guardian

Citi: Here Comes a Global Recession – Bloomberg
The Bundesbank Has a Big Reason to Defend the €500 Note – wsj

Goldman Sachs: The Energy Collapse Isn’t Even Close to the Subprime Crisis – Bloomberg
Short-Term Funding Markets: Let’s Put It in Perspective – wisdomtree
Demand For Big Bills Soars As Japan Stuffs Safes With 10,000-Yen Notes – Zerohedge
G20: PBoC Governor Zhou On Yuan, Capital Outflow, China’s Credit Risk – barrons
Albert Edwards Is In Love With This Asset That Hasn’t Had A Losing Year Since 2007 – Zerohedge
China Unveils Its Deliverables for G-20 — And No Plaza Pact – Bloomberg
Halliburton Cuts 5,000 Jobs, 8% Of Workforce – Zerohedge
Business Is “Worst Since The 80s Recession” – Kansas City Fed Survey Crashes To 7-Year Lows – Zerohedge
Durable Goods Stage Strong January Rebound After December Collapse; CapEx Shipments Continue To Drag – Zerohedge
Abengoa Asks Investors to Extend Maturity of Bonds Due March – Bloomberg
An Escalating War On Cash Threatens The Stability & Tranquility Of Developed Societies – Zerohedge
Hedge funds target Aussie bank debt on bubble talk – afr
PAUL KRUGMAN: What’s going on in China right now scares me – businessinsider

Life after oil: can Aberdeen rise again? – bbc
Japan Pension Funds Spent $4.5 Billion on Local Stocks Last Week – Bloomberg
Noble Group Reports Its First Annual Loss in Almost Two Decades – Bloomberg
`Brexit’ Seen Tripling the Chance of U.K. Falling Into Recession – Bloomberg
ECB’s favoured inflation gauge hits record low below 1.4 percent – Reuters
Negative interest rates: More bad news for savers – Marketwatch
Consumer Spending Drives U.K. Growth as Investment Slumps – Bloomberg

Repsol Cuts Dividend as Crude Slump Casts Doubt on Talisman Deal – Bloomberg

Citi slashes stance on miners after strong 2016 rebound – Marketwatch

China stocks plunge 6% as economic worries mount ahead of G20 meeting – Marketwatch

Japan’s Longest Bond Joins the Rest as 40-Year Yield Below 1% – Bloomberg
Foxconn to Take Control of Sharp in Triumph for Terry Gou – Bloomberg


Wednesday 02/24

Business Live – guardian

Japan Got Paid $464 Million to Borrow Thanks to Negative Yields – Bloomberg
G-20 Needs to Take Bold Action on Global Growth, IMF Report Says – Bloomberg
According To Morgan Stanley This Is The Biggest Threat To Deutsche Bank’s Survival – Zerohedge
Abengoa unit files for U.S. bankruptcy with up to $10 billion in debt – Reuters
In Biggest Victory For Saudi Arabia, North Dakota’s Largest Oil Producer Suspends All Fracking – Zerohedge
“Where Are The Bubbles?” – UBS Shows Them All In One Chart – Zerohedge
And Now We Have A Services Recession: Markit Services PMI Crashes Into Contraction – Zerohedge
US flash PMI signals heightened economic downturn risk – markit

Why U.S. investors should fear a ‘Brexit’ – Marketwatch

Brazil Cut To Junk By All Three Ratings Agencies After Moody’s Joins The Fray – Zerohedge

Lew Says Don’t Expect `Crisis Response’ From Group of 20 Meeting – Bloomberg

Negative rates, a tiered system and the ECB – Goldman Sachs – FXSTREET
Negative rates take Centre stage – Wells Fargo – FXSTREET
Germany’s Yield Curve Flattens as Haven Demand Supports Auction – Bloomberg
Russian Bank Collapse Shines Light on Risks in Irish Shadows – Bloomberg

Brexit offers ‘abyss of uncertainty’ and ‘no tangible benefits’, warns EEF – telegraph
U.S. banks to cut credit lines for energy firms: JP Morgan – Reuters

Pound Drops Below $1.40 for First Time Since 2009 Amid ‘Brexit’ Concerns – Bloomberg

Bank of Canada Taps Fed for Deputy Versed in Oil, Negative Rates – Bloomberg

Tucking 10,000-Yen Bills Under the Mattress Spells Worry for Abe – Bloomberg
Yen Gain Makes Japan’s Second-Largest Lender Warn of Rise to 105 – Bloomberg
Ten Million Cats Show How Big Japan’s Aging Problem Is: Chart – Bloomberg


Tuesday 02/23

Stock market rally falters as German exports drop – business live – guardian

Canadian Oil Companies Have Stopped Paying The Rent – Zerohedge
St. Louis Fed: Financial Markets Are Saying Oil Will Be Worthless by mid-2019 – Bloomberg
Why Guggenheim Believes The 10 Year Treasury Will Drop Below 1% – Zerohedge
A $123 Billion Chunk of Energy Debt – Bloomberg
Kyle Bass Returns Money To Investors After Throwing In Towel On Short Pharma Strategy – Zerohedge
Venezuela’s Gold Liquidation Begins: Maduro Quietly Exports 36 Tonnes Of Gold To Switzerland – Zerohedge
Japan’s Negative Interest Rates Are Driving up Sales of Safes – fortune
How Italy Will Fail And Drag Down The European Project – Zerohedge
INFOGRAPHIC: Germany could be the next Japan – businessinsider
ECB Risks Running Out of Bonds to Buy Unless Rewrites Rules – nyt
NAR Warns Of Overheating Home Prices As Existing Home Sales See Biggest Annual Jump Since 2013 – Zerohedge
Einhorn Shorts Heavy Industry to Bet on End of Commodities Cycle – Bloomberg
Richmond Fed Slides Back Into Contraction As New Orders Collapse – Zerohedge
German Business Sentiment Falls as Turmoil and China Sow Concern – Bloomberg

CHF1,000 bank note shows Swiss cash is king – swissinfo

Shares in Standard Chartered plunge after bank reports $1.5bn loss – telegraph

History Shows the Pound Can Drop a Long Way in Crisis: Chart – Bloomberg

If Sterling Goes Down on `Brexit,’ It’s Taking the Euro With It – Bloomberg

German Investment Picks Up as Trade Drags on Economic Growth – Bloomberg

Germany: Detailed gross domestic product results for the 4th quarter of 2015 – destatis
Pension funds’ JGB selling reaccelerates – Nomura – fxstreet
Kuroda Hints at Shift in Thinking on Monetary Policy’s Power – Bloomberg
BHP Billiton Slashes Its Dividend – cnbc

Yuan Weakens as PBOC Cuts Reference Rate by Most in Six Weeks – Bloomberg



Monday 02/22

Pound slides as City gets Brexit jitters – business live – guardian

Citi Asks “When Does A Recession Become A Depression?” – Zerohedge
“There Will Be Hyperinflation” Japanese Lawmaker Warns “Kuroda Got It Wrong” With NIRP – Zerohedge
PMI Plunges – The Last Time US Manufacturing Was This Weak, Bernanke Hinted At QE3 – Zerohedge
Wall Street had a disastrous year – businessinsider
Safes Sell Out In Japan, 1,000 Franc Note Demand Soars As NIRP Triggers Cash Hoarding – Zerohedg
Fear and Loathing of Negative-Yield Debt: Bond Trader’s Dilemma – Bloomberg

How The Bank of Japan Made Negative Rates More Politically Palatable – Bloomberg

“We’ve Reached The Limit”: Denmark Central Bank Chief Says Monetary Policy Is Exhausted – Zerohedge

Banks Keep Cutting Currency Traders as Volatility No Job Saver – Bloomberg

Sovereign Wealth Funds May Sell Half Trillion In Stocks This Year – Zerohedge

Shipowners Feeling Scrapyard Blues as Steel Plummets: Chart – Bloomberg

Dubai Stocks Enter Bull Market After Valuations Hit 4-Year Low – Bloomberg

China at the Heart of North Korea’s Illicit Cash-Flow Funnel – Bloomberg

Saudi-Russia Oil Deal Can’t Stop Biggest Bull Exodus in 7 Months – Bloomberg
IMF’s Lagarde Says Oil May Stay Low for Longer Than Expected – Bloomberg
Europe’s Weak Economy Feels the Strains of the Global Slowdown – Bloomberg
Eurozone growth lowest in over a year and prices fall further – markit
Slowdown in German manufacturing sector contrasts with marked services growth in February – markit

Global: if no cooperation, then what? – nordea
Veterans of 1980s oil glut say this price slump, too, will last – Reuters
French Economy’s ‘Sluggish’ Growth Seen Persisting This Quarter – Bloomberg
French private sector output slips into contraction in February – markit

Recession Already Reality in Spots From West Virginia to Wyoming – Bloomberg
HSBC Posts 4th-Quarter Loss and Comes Under S.E.C. Scrutiny – nyt

HSBC Has Quarterly Loss on Lending Income, Bad-Loan Charges – Bloomberg
Japan Manufacturing PMI: Operating conditions broadly stable at Japanese manufacturers – markit
Pound Falls Most in 11 Months as Johnson Backs ‘Brexit’ Campaign – Bloomberg

Leave a Reply

Your email address will not be published.