TOP NEWS: Week 12/12 – 12/18

Weekend 12/17 & 12/18

China Orders Shut Down Of 1,200 Factories After Smog “Red Alert” Declared In Beijing – Zerohedge

Friday 12/16

Business Live – guardian

Trumped-Up Dollar Seen Outshining All Else Into 2017 – Bloomberg
Scandinavia’s Disappearing Cash Act – Bloomberg

Britain will automatically be charged a £50 billion Brexit bill when Article 50 is triggered – businessinsider

Bank of Japan to hold negative interest rates, leave JGB yield target unchanged – Reuters
Japanese banks are packing their bags and getting ready to leave London – businessinsider
Italy prepares to pump 15 billion euros into ailing banks: Report – cnbc

Japan Has ‘Historic Moment’ to Reverse Lost Decades, Says Bank of America – Bloomberg
Nikkei reaches 1-year high as Asian markets get back on track – Marketwatch
November was record stampede into US equity ETFs. But No. 2 all-time? Just as 2008 market crashed – cnbc


Thursday 12/15

Fed hike drives dollar higher, ahead of Bank of England rate decision – business live – guardian

Goldman Warns Bond Yields Are Now “A Threat To Risky Assets” – zerohedge
Exclusive: Inside the BOJ, rate hikes are back on the radar. Really – Reuters

Mexican banks cut credit card exposure on Trump, rate risks – Reuters
R.I.P. Bond Bull Market as Charts Say Last Gasps Have Been Taken – Bloomberg
Dollar Takes Flight on 2017 Fed Rate Path; Bonds, Gold Decline – Bloomberg

U.K. Plays Down Report Brexit Trade Deal Could Take 10 Years – Bloomberg
GERMANY: December PMI rounds off strongest quarter since Q2 2014 – markit
The Bank of Japan will have to fire up its printing press again – businessinsider
FRANCE: Solid output growth in December – markit
JAPAN: New orders increase at sharpest rate since January – markit
It’s Turning Into a Really Bad Week for China’s Markets – Bloomberg
The Fed slightly upgrades its growth and inflation forecasts – businessinsider



Wednesday 12/14

Business Live – guardian

Preview: US: CPI: BofA Merrill, Barclays, SEB – efxnews
Fed Hikes Rates For First Time In 2016, Increases Pace Of Rate ‘Normalization’ Forecast – Zerohedge

Barclays’s Five Predictions for U.S. Stocks in 2017 – Bloomberg
Industrial Production Disappoints For 15th Straight Month – Longest Non-Recessionary Streak In 100 Years – Zerohedge
Retail Sales Disappoint As Post-Trump Animal Spirits Fail To Appear – Zerohedge
Eurozone suspends Greek debt-relief plan – bbc
Bill for Pre-Trump Debt Binge Worst for Emerging Borrowers: S&P – Bloomberg
OPEC Says Supply Cuts Won’t Re-Balance Market Until Second Half – Bloomberg
U.K. Employment Declines for First Time in More Than a Year – Bloomberg
Jeff Gundlach Warns 10Y Yields Above 3% Will “Punish Markets”, Would Mark End Of Bond Bull – Zerohedge


Tuesday 12/13

Business Live – guardian

LIVE: Jeff Gundlach’s presentation on markets and the economy titled ‘Drain The Swamp’ – businessinsider
Moody’s Cuts Outlook On Italian Banks To Negative From Stable – Zerohedge

U.K. Inflation Accelerates to Highest in More Than Two Years – Bloomberg

UniCredit Plans $13.8 Billion Stock Sale to Bolster Capital – Bloomberg

China’s housing market has clearly entered a downturn – businessinsider
China Retail, Factory Pick Up Show Continued Momentum in Economy – Bloomberg



Monday 12/12

Oil price surges after producers agree historic cuts – business live – guardian

Don’t Blame Us for Greek Austerity, IMF Says as Loan Talks Drag – Bloomberg
By One Measure, Traders Are the Most Bullish on Stocks Since at Least 1997 – Bloomberg

For Stocks, Hard Part of This Tightening Cycle Comes Next Year – Bloomberg
Venezuelans Rush to Stash Cash Before Biggest Bill Is Nullified – Bloomberg
China Warns Trump Against Using Taiwan for Leverage on Trade – Bloomberg

FX -Rally in Yields Drives Everything Up – bk

Treasury 10-Year Yield Tops 2.5% Amid Biggest Short Since 2014 – Bloomberg

Analysts Call End to Era of Negative-Yielding German Bunds – Bloomberg

Turkey’s Economy Shrinks in Third Quarter on Domestic Spending – Bloomberg

Italy ready to bail out Monte dei Paschi if needed-Treasury source – Reuters
Goldman sees ‘bullish’ environment for copper through 1H17 – cnbc

China’s Stocks, Bonds, Yuan Slump in Unison on Liquidity Concern – Bloomberg
Foreign investors just sold Asian emerging market stocks and bonds at the fastest rate in 3 years – businessinsider

CAPITAL ECONOMICS: China will slow next year, but that’s not a bad thing – businessinsider
Oil soars nearly 5% after non-OPEC producers agree to cut output – Marketwatch
Amundi buys Unicredit unit Pioneer for $4.1 bln – Marketwatch
London House Prices Are Having Their Worst December in Years – Bloomberg
Blockchain Lures Central Banks as Danes Consider Minting E-Krone – Bloomberg
Norwegian Exporters Are Ignoring Perils of Coming Krone Rally – Bloomberg

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