TOP NEWS: Week 05/25 – 05/31

Friday 05/29

Business Live – guardian
“They Don’t Want To Get Burned Again” – Oil ETF Sees Biggest Outflows In 6 Years – Zerohedge
No Country for Young Folk? Germany Has Lowest Birthrate – Bloomberg
Chicago PMI Bounce Is Dead, Crashes Back Near 6 Year Lows – Zerohedge
UMich Consumer Sentiment Slumps To 6-Month Lows, Current Conditions Tumble – Zerohedge
What You Need To Know Ahead Of Today’s Annual Russell Rebalance – Zerohedge
Margin Debt Breaks Out: Hits New Record 50% Higher Than Last Bubble Peak – Zerohedge
WTI Crude Continues To Soar As Oil Rig Count Decline Re-Accelerates – Zerohedge
Expert: Stocks are underowned—here’s why – cnbc
Welcome To The Contraction”: Q1 GDP Drops By 0.7%, Corporate Profits Crash – Zerohedge
GDP Report Confirms Global Trade Is Crashing, And Why That Is Good News For Some – Zerohedge
Economy in U.S. Shrank 0.7% in First Quarter as Trade Gap Jumped – Bloomberg
India’s factories boom in March quarter, farming contracts – Reuters
India says economy grows faster than China but doubts linger – Reuters
Brazil’s economy shrinks by 0.2% – bbc
RBA expected to cut rates in the medium term – Westpac – fxstreet
U.S. oil producers are back in the money, but OPEC is not – Marketwatch

Money is flooding out of Greek banks — and deposits just hit an 11 year low – businessinsider

As Greece leads the news, Italy’s problems mount – cnbc
French consumer spending disappoints in April – Marketwatch

German retail sales grow faster than expected – Marketwatch
Swiss Economy Unexpectedly Shrinks After Strong Franc Stifles Exports – Bloomberg

Japan Limps Into 2nd Quarter as Inflation Stops, Spending Falls – Bloomberg
Share prices in China: Flying too high – economist

Advisers Prefer ETFs Over Mutual Funds, Survey Finds – wsj



Thursday 05/28

Greek bailout talks loom over G7 meeting – live updates – guardian
Welcome To The Recovery 2015: JP Morgan To Fire 5000 – Zerohedge
It’s Official: Austria Repatriates Gold, Confirms Loss Of Faith In Bank Of England – Zerohedge
LABU, LABD: First Triple-Leveraged US Biotech ETFs by Direxion – etftrack
“The Greek Endgame Is Here”: Probability Of IMF Default Now 70%, Says Deutsche Bank – Zerohedge
Oil Prices Drop To 7-Week Lows – Here’s Why – Zerohedge
Pending Home Sales Jump Most Since September 2012 To Highest Since 2006, Driven By The Northeast – Zerohedge
Layoffs are rare, jobless claims data suggest – Marketwatch
Spanish Banks Brace for Sub-Zero Rates Squeezing Mortgage Income – Bloomberg
Direxion Closing 3X Leveraged Gold ETF – etftrack
Why deadlines are pointless when it comes to Greece – cnbc
It’s Official: Avago Buys Broadcom In $37 Billion Deal, Thousands In Employee
Layoff “Synergies” Imminent – Zerohedge

Greece Feigned Deal Progress, Launched Rumors To Avert Bank Run – Zerohedge
Shanghai Dives 6.5%: China’s Sovereign Wealth Fund Dumps Banks – barrons
India’s central bank seen to cut interest rate – Marketwatch
Nowotny Says ECB Can’t Give Greece Interim Funding – wsj
Trade deficit hammers UK growth in first quarter – telegraph
Greece’s hopes for a quick deal are getting smashed to pieces – businessinsider
Greece Risk Timeline — Why July 20 Matters Most – Bloomberg
“We’ll Probably Be At War This Summer. If We’re Lucky It Won’t Be Nuclear,” Senior NATO Official Says – emergingequity
China draining cash from flush banks through back-door repos – sources – Reuters
China Brokers Tighten Margin Loan Rules Amid Bubble Concerns – Bloomberg

China Coca-Cola Bottle Maker to Default on Bonds Today – Bloomberg

Japan April retail sales rebound, ease pressure on BOJ – Reuters



Wednesday 05/27

Greek bailout talks resume as time runs short – live updates – guardian
Janus’ Gross Monthly Investment Outlook – janus
Crude Craters After API Reports “Disappointing” Inventory Build – Zerohedge
JPMorgan Warns Greece “Is Not Investable” As Germany Denies Any Deal Progress – Zerohedge
EU Official “Denies” Report Of “Greek Deal Pending” Rumor Which Sparked Stocks, Euro Surge – Zerohedge
Ned Davis Research: Energy ETFs Are Running on Fumes – barrons
IMF’s chief economist says euro zone could cope with Grexit-media – Reuters
Goldman Sachs Sees Renewed Dollar Rally as U.S. Economy Improves – Bloomberg
With Greece “Nowhere Close” To Deal, Depositors Pull €300 Million From Banks In Single Day – Zerohedge
World Cup Sweep Sparks Biggest Qatar Stock Retreat in Two Months – Bloomberg
ECB to Leave Emergency Aid Level for Greek Banks Unchanged – Bloomberg
Citi keeps top spot in FX trading as European banks slump: poll – Reuters
Greece to Meet With Creditors as Talks Stuck in Stalemate – Bloomberg

German Consumer Climate Unexpectedly To Rise Again In June – mni

SocGen’s Bache deal a sign of commodity woes – Marketwatch
Don’t Believe the Fed’s Talk About Rate Hikes – rm
The Indian Century? – cityjournal
European Weekly ETF Market Review – dbresearch
Return to Drachma Would Be Catastrophic for Greece – Economists – sputniknews
China Establishes World’s Largest Physical Gold Fund – goldbroker
Why Greece’s Negotiators Can’t Afford to Ignore Spain Now – wsj
How to Invest When Rates Are Rising – barrons
The ‘Bund Tantrum’ Didn’t Catch These Bonds in Its Wake – wsj
China’s stockmarket: A crazy casino – economist



Tuesday 05/26

Euro and Greek bonds hit by bailout fears — live updates – guardian
Why did stocks fall today? Blame good—or bad—data – cnbc
Inflation vs. P/E Model (1965 to Present) – ritholtz
Oil Seen by JPMorgan Bottoming as Goldman Sachs Still Bearish – Bloomberg
Technology for a Saudi fracking boom moves closer to reality – cnbc
Today’s Economic Data Enough To Push Q2 GDP By Whopping 0.1% To 0.8% – Zerohedge
Fed’s Fischer: Markets should not be surprised by timing or pace of rate hikes – cnbc
Dallas Fed Crashes To Six Year Lows As Employment Collapses – Zerohedge
Charter-Time Warner Cable: Winners and Losers – wsj
New Home Sales Rebound Despite Median Price Rising To Just Shy Of All Time High – Zerohedge
Millennials are the next big investment trend — here’s how to play it – fp
Near-Record Wage Spike Stabilizes Richmond Fed Manufacturing Survey – Zerohedge
US Services PMI Slides To Lowest Since January – Zerohedge
Case-Shiller Home Prices Rise Over 5% YoY To 7 Year High – Zerohedge
Durable Goods Orders Slide YoY 4th Month In A Row Despite Dramatic Upward Revisions – Zerohedge
U.S. stocks sell off; Dow down by triple digits – Marketwatch
3 Reasons Why Stocks Are Sinking – barrons
Chinese firm’s domestic IPO will be the largest for five years – cnbc
How is the weak euro affecting different sectors in Germany? – dbresearch
Traders Speculating Against Riksbank Test Critical Krona Rate – Bloomberg
China Equity Rally Reaches Escape Velocity As Shenzhen Trades At 71X Earnings – Zerohedge
Venezuela’s Currency Just Collapsed 30% on the Black Market – Bloomberg
65% of all containers today are shipped by these 10 companies – businessinsider
Bond Traders Uncover Secret to Rates That Fed Just Doesn’t Get – Bloomberg
China to Allow Retail Money to Directly Invest Overseas – barrons
The Dollar is Hitting an Eight-Year High Against the Yen – Bloomberg
Durable goods orders drop, but business investment revives – Marketwatch
Oil Markets Can’t Ignore The Fundamentals Forever – Zerohedge
The Simple Reason Why Everyone Wants New Corporate Bonds – Bloomberg
G-7 Finance Officials to Discuss Loose Monetary Policy Risks – wsj
West pulled out $3.5trn from BRICS to thwart group – Russian Security Council – rt
Germany sees progress on Greece, EU officials to confer on Thursday – Reuters
IMF official: Chinese yuan no longer undervalued – Marketwatch
IMF: China should step up fiscal policy if GDP growth slows sharply – Reuters
Here are the figures that reveal the epic rally in China’s stock market – businessinsider
Ryanair profit jumps as charm offensive pays off – Marketwatch
The Top 10 Misses of Narendra Modi’s First Year – wsj
FTSE To Include China A Shares: Eventually, China Will Be Half Of Emerging Markets – barrons
India’s Rupee Falls for a Second Day on Month-End Dollar Demand – Bloomberg
India emerges as BRICS’ biggest growth engine – nikkei
China bottle maker declares default on $100 mln bonds – fr24
The big reason everyone is so worried about Spain’s election result – Marketwatch
How has international banking changed since the financial crisis? – weforum
AdvisorShares Weekly Market Review – Week Ending 5/22/2015 – alphabaskets


Monday 05/25

Fed’s Fischer Says Rate Hike Debate Driven by Data, Not Date – Bloomberg
Charter Communications is near an agreement to buy Time Warner Cable for $195 a share – businessinsider
Greek budget proposals insufficient: IMF’s Blanchard – france24

ISIS Planning US Nuclear Attack In Next 12 Months: Report – Zerohedge
Fed Shackles Carstens Even as Inflation Rate Sinks to 9-Year Low – Bloomberg

Grexit and the Morning After – nyt

ECB Slows Bond Purchases After Indicating Pace Would Accelerate – Bloomberg
China cuts import taxes to boost consumer demand – bbc
Iran Increases Its Fuel Prices by 40% in a Bid to Boost Revenue – Bloomberg

Does Terrorism Work? – atlantic

Economists cut Brazil’s 2015 growth view, raise inflation forecast – Reuters

Spain’s ruling parties punished in the polls – cnbc
Oil Futures Prices Divorced From Physical Markets For Now – Zerohedge

Asia reorders the global financial system – db

With All Major Markets Closed For Holiday, Here Are The Major News – Zerohedge

‘Nigerians now depend on the black market to survive’- bbc

Polish opposition cheers presidential vote win, stock market more wary – Reuters
Varoufakis: Austerity Is the Only Deal-Breaker – project-syndicate
EUR/USD, USD/JPY: Macro Trades & Tech Levels – RBS – efxnews

Greece Could Bundle Its Next IMF Payments to Buy Even More Time. But at What Cost? – wsj

China sets up gold fund as part of Silk Road initiative – media – Reuters

China state paper warns of war over South China Sea unless U.S. backs down – Reuters

U.S. in South China Sea: troubleshooter or troublemaker? – epc
European shares seen flat amid low volumes, Greece fears – cnbc

Oil prices edge up on firm Asian, U.S. demand – Reuters

Shanghai Composite Rallies to Seven-Year High as Small Caps Drop – Bloomberg
BRICs To Establish New Multi-Currency Financial Order – emergingequity
India’s Narendra Modi Underperforms Previous Prime Ministers in His First Year on the Market – wsj_india_realtime
India still looks attractive among emerging markets: JPM Asset Mngt – et
CLSA downgrades Tata Steel to ‘Sell’; slashes target price by 40% – et
Japan Exports Rise More Than Forecast on Shipments to U.S. – Bloomberg

Japan falls back into trade deficit in April – Marketwatch
Catalan Independence Bid Hit by Podemos’s Barcelona Win – Bloomberg
Schedule for Week of May 24, 2015 – calculatedrisk

Twilight Falls for Spanish Establishment as Podemos Gains – Bloomberg
BofAML Is Positive On Indian Equity Market Over 6 To 9 Months – valuewalk
China’s Central Bank Lowers Borrowing Costs to Help Clean Up Local Debt Mess – Bloomberg
HSBC fears world recession with no lifeboats left – telegraph
Nash’s Nobel prize – economist

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