TOP NEWS: Week 10/17 – 10/23

Weekend 10/22 & 10/23

TD Ameritrade, TD Bank Said to Near $4 Billion Scottrade Deal – Bloomberg
“No Going Back”: Iraq Demands Exemption From Oil Production Cut, As Rosneft Slams Saudis – Zerohedge
Italy’s front line in fight to save banks: a storage room – Reuters

British banks preparing to leave UK over Brexit: Observer – Reuters

AT&T Agrees to Buy Time Warner for Around $80 Billion – nyt

The ECB: A Little More Easing Before a Thorny Exit – pimco


Friday 10/21

Business Live – guardian

DBRS keeps Portugal’s credit rating at investment grade – Marketwatch
Bombardier to cut 7,500 more jobs across its global operations – bbc

2017 is a make-or-break year for Thailand’s new king – Bloomberg

New Zimbabwe Notes Stir Memory of 500,000,000,000% Inflation – Bloomberg

ROSENBERG: Deutsche Bank is too interconnected to fail – businessinsider
Yuan Outflows Surge to Record as Currency Sinks to Six-Year Low – Bloomberg
China’s yuan hits fresh 6-year low amid dollar strength – Reuters

China property market sees notable retreat in Oct. –


Thursday 10/20

Business Live – guardian
World Markets Live: Trump uses final debate to warn he could reject election result – cnbc

Microsoft Sales, Profit Top Estimates on Cloud Services Demand – Bloomberg
In a Year of Bad News, These Hedge Funds Are Posting Mega-Gains – fortune
Stop blaming the ECB, Bundesbank’s Dombret tells banks – Reuters

What Brexit Means for Banks – Bloomberg
The CEO of one of the largest US homebuilders perfectly summed up the housing market – businessinsider
Draghi Signals ECB Unlikely to Stop QE Buying Without Tapering – Bloomberg

As Fed, BOJ, and ECB Assets Soar, China’s Have Declined: Chart – Bloomberg
Inflation Outlook Rises Everywhere But Japan – Bloomberg
Here’s what the US presidential election could mean for Russia’s and Iran’s oil – businessinsider
Deutsche Bank Spikes 4% On Report Of Possible New Investment By Qatar, Abu Dhabi And China – Zerohedge
Nestle Cuts Sales Forecast as Emerging Market Growth Slows – Bloomberg

China’s attempts to cool its hot housing market look like they’re having the opposite effect – businessinsider
China’s Housing Bubble Wobble – Bloomberg
The World’s Biggest Oil Kingdom Reverses Course – Bloomberg
Banks Rallying Four Times Market Send Draghi Not-So-Subtle Hint – Bloomberg
Greece Might Just Get a Boost From an Unlikely Source – Bloomberg
Australia Housing Boom Peak Has Passed, Morgan Stanley Says – Bloomberg
Australian unemployment rate falls – Marketwatch



Wednesday 10/19

Business Live – guardian

Poloz Says Bank of Canada Was Close to Cutting Interest Rate – Bloomberg
Brazil Cuts Rate For First Time Since 2012 With Cautious Outlook – Bloomberg

These Harvard Economists Offer Differing Views for How to Save Venezuela – Bloomberg
“Something More Might Be In The Air” – What Has Gotten The “Smart Money” So Spooked? – Zerohedge
Saudi Arabia draws $67 billion demand for first international bond – Reuters

WTI Crude Spikes After Major Crude Inventory Draw Trumps Production Increase – Zerohedge
Investor Cash Levels Jump Toward Levels Not Seen Since 9/11 – Bloomberg

Turkey’s Lira Jumps as Erdogan Aide Hints at Pause in Rate Cuts – Bloomberg

Sterling Stumbles On Report Merkel Said To Shut Brexit “Back Door” Channels – Zerohedge

Pound Climbs a Second Day as Report Shows Resilient Labor Market – Bloomberg
Bond Traders Confident Portugal Will Retain All-Important Rating – Bloomberg

U.K. Pension Deficits Narrow From Record as Gilts Drop: Chart – Bloomberg

Australians are falling behind on their home loans – businessinsider

The only thing growing faster than Australian apartment numbers is the line-up of analysts thinking prices will fall – businessinsider
The curious case of China’s remarkably consistent economic growth – cnbc
NOMURA ON CHINA GDP: Whatever – businessinsider
China housing sales up whopping 43% year to date – Marketwatch
China Growing at 6.7% Opens Window to Deliver Debt-Curb Vow – Bloomberg



Tuesday 10/18

UK inflation: prices to rise after Brexit vote hits pound – business live – guardian

Intel’s earnings up, but outlook disappoints – Marketwatch
Italian savers bank on post office to survive next crisis – Reuters

Deutsche Bank Says It’s Exactly the Wrong Time for Fiscal Stimulus – Bloomberg

Saudi Arabia Launches Sale Of 5, 10 And 30 Year Bonds, Seeks To Raise Up To $15 Billion – Zerohedge
Netflix’s big bet on original shows finally seen paying off – Reuters
Fed Hike or Not, Barclays Says European Stocks Are a Buy in 2016 – Bloomberg
Core CPI Remains Above Fed Mandated 2% For 11th Straight Month As Cost Of Living Surges – Zerohedge
Saudi Arabia Says Oil at $50-$60 Ensures Adequate Global Supply – Bloomberg

Goldman Sachs Profit Rises 47% as Bond-Trading Outperforms – Bloomberg

Czech Republic Passes Switzerland for World’s Lowest Bond Yields – Bloomberg

China’s new yuan loans surge in September – chinadaily

The Mysterious Surge in Shares of the Swiss National Bank: Chart – Bloomberg
ECB’s First Chief Economist Warns: The EU Is A “House Of Cards” – Zerohedge
JPMorgan Cazenove: Time to take profits on emerging markets – cnbc
U.K. Inflation Rate Surges to Highest in Almost Two Years – Bloomberg

China Corporate Debt Window ‘Closing Quickly,’ IMF Paper Says – Bloomberg
China’s Housing Market Isn’t in a Bubble After All – Bloomberg
Danone Third-Quarter Revenue Rises at Weakest Pace in Decade – Bloomberg
The RBA governor sounds like he’s in no rush to cut – businessinsider
New Zealand’s Kiwi Surges as Rate Cut Bets Pared After CPI Data – Bloomberg


Monday 10/17

Business Live – guardian

Brazil Analysts Forecast Steeper Interest Rate Cuts in 2016 – Bloomberg
Italy’s Political Pinch Begets Bargains for Bond Investors – Bloomberg
Will Italy Leave the Euro? Follow the Money – Bloomberg
Saudi Arabia Says Give Us Your Money and Don’t Ask About Oil – Bloomberg
Carl Icahn on CNBC Says a Lot of Companies Are ‘Way Overvalued’ – nyt
New China Debt-For-Equity Policy Provokes Skepticism – wsj
OPEC Spat Over Production Data Grows as Iran Rejects Estimates – Bloomberg
Banks are giving away credit cards like it’s 2008 – businessinsider

Global Debt Exceeds Levels of 2008 – rcm
WTO Economist Says U.K. May Wait Years to Sign New Trade Deals – Bloomberg
The architect of the euro and the ECB says ‘the house of cards will collapse’ – businessinsider
Industrial Production Contracts For 13th Straight Month – Longest Non-Recessionary Streak In US History – ZeroHedge
Empire Fed’s Dead-Cat-Bounce Dies As New Orders, Labor Remain Weak – ZeroHedge
Bank of America profit buoyed by trading revenue – Marketwatch

China’s Currency Dilemma Deepens as Yuan Surges Versus Peers – Bloomberg

A Failed Bond Swap Deal, Low Oil Prices Could Signal The End For PDVSA… And Venezuela – ZeroHedge
U.K. Gilt Yields Rise to Post-Brexit High on Inflation Wagers – Bloomberg
Key Events In The Coming Week – ZeroHedge
Shanghai B-Shares Unexpectedly Crash Over 6% In Last 90 Minutes Of Trading – Zerohedge
China markets drop suddenly as B shares plunge 6 per cent on yuan fears – scmp
Big Central Bank Assets Jump Fastest in 5 Years to $21 Trillion – Bloomberg
Japan industrial production Aug final mm +1.3% vs +1.5% prev – nasdaq
Iraq launches Mosul offensive to drive out Islamic State – Reuters
REPORT: Deutsche Bank could cut back its US operation – businessinsider

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