TOP NEWS: Week 12/19 – 12/25

Weekend 12/24 & 12/25

Demographic Shock Ground Zero: Japan Births Drop Below Million For The First Time On Record – Zerohedge
Greek Short-Term Debt Measures Can Go Ahead, Dijsselbloem Says – Bloomberg

 

Friday 12/23

Business Live – guardian

Loonie Tumbles After Canadian Economy Unexpectedly Crashes Back Into Contraction – Zerohedge
President Xi Open to Growth in China Falling Below 6.5% – Bloomberg

Deutsche Bank to Settle Mortgage Inquiry for $7.2 Billion – nyt

Italy’s Monte dei Paschi bail-in is a bailout – Reuters
Monte Paschi’s Fatal Sin Brings Nationalization for Oldest Bank – Bloomberg
Italy approves bailout for Monte dei Paschi – bbc
Italy Readies $21 Billion Bank Bailout as Paschi Plan Fails – Bloomberg
It looks like China’s coking coal supply crunch is over as prices keep falling – businessinsider

 

Thursday 12/22

Italy’s Monte dei Paschi on brink of bailout as rescue bid fails – business live – guardian
Business Live: Italy prepares bank bailout – bbc

Inflation Sensation: The New Big Deal – Bloomberg
What The Looming Debt Ceiling Fight Means For Treasuries – barrons

States Are the Nuclear Industry’s Best Hope – Bloomberg

White House: Robots will kill jobs and make inequality worse – yahoofinance

Red Flag For Markets: Pension Funds To Sell “Near Record” Amount Of Stocks In The Next Few Days – Zerohedge

Bank Bondholders Italy Aims to Protect Are Not All That Poor – Bloomberg

Q3 GDP Revised To 3.5% On Higher Consumer, Government Spending; Financial Profits Surge – Zerohedge
Despite Trump Hope, Durable Goods Tumbles Most Since Aug 2014 As Non-Defense Orders Crash – Zerohedge
Saudi Arabia Sees Oil Revenue Rising 46% in 2017 as Prices Climb – Bloomberg

Central banks have cut interest rates 690 times since Lehman Brothers: Is there a way out? – cnbc

China may adjust investment in U.S. Treasuries: FX regulatory official – Reuters

Bitcoin’s total value hits record high above $14 billion – Reuters

Monte Paschi Said Headed for Nationalization After Sale Failure – Bloomberg

ECB: Do not expect changes to QE in 2017 – BNPP – FXSTREET

 

 

Wednesday 12/21

Business Live – guardian

Americans are now in more debt than they were before the financial crisis – Marketwatch
Greece’s Debt Problem Has Reached A Dangerous Point – forbes
Blackstone Closes Senfina Hedge Fund After Losing 24% in 2016 – Bloomberg
Brides, Bureaucrats and Bargaining: Commodities in 2017 – Bloomberg
Why The Euro Has More Downside Than The Yen – barrons
Japan’s Students Forced to Live Under a Burden of Debt – Bloomberg
Trump Appoints “Death By China” Author Peter Navarro To Head Trade Office, Hints At Trade War With Beijing – Zerohedge

The New Cold Currency War – pimco
Calpers Cuts Investment Targets, Increasing Strain on Municipalities – nyt
Tiger Pounces on Corruption—Implications of India’s Demonetization – wisdomtree

Jump in Buybacks Bolsters Trump Rally as Goldman Desk Sees Surge – Bloomberg
ECB Assets Hit 35% Of Eurozone GDP; Draghi Owns 9.2% Of European Corporate Bond Market – Zerohedge
Monte dei Paschi on the brink of state bailout – telegraph
Investors shun Italian bank Monte Paschi’s share offer – sources – Reuters
Spanish banks face $4.2 billion hit from European court’s loan ruling – Reuters

USD: Guided by the inflation speed limit – Nomura – fxstreet

Dollar Bloc FX: The Trump triple threat – ING – fxstreet

China 2017 outlook: Reflation, deceleration, and depreciation – Goldman Sachs – fxstreet

Paschi Falls to Record as Investors Balk, Liquidity Dries Up – Bloomberg
Italy lawmakers approve 20 billion euro plan to prop up banks – Reuters
EM Outlook 2017: Better growth, weaker currencies and higher yields – Commerzbank – fxstreet
Banca Monte dei Paschi says could run out of liquidity after four months – cnbc

JPY: Controlled descent – ING – fxstreet

TIMELINE: The rise and fall of China’s currency – businessinsider

Italy Bank Rescue Won’t Fill $54 Billion Hole on Balance Sheets – Bloomberg

 

Tuesday 12/20

Business Live – guardian

JPMorgan Declares Debt the New Frontier in Battle for ETF Assets – Bloomberg
Dollar hits fresh 14-year high, yen slides – Reuters

Calpers to reduce equity investments by 7 percent over two years – Reuters
Global Bond Investors Now Losing Most Sleep Over Rising Populism – Bloomberg
Saving Italy’s Banks Means Missing Public Debt Target Once Again – Bloomberg
Putin’s Oil and Gas Deals Magnify Military Power in Middle East – Bloomberg
Exclusive: Top French banks sue ECB to reduce capital demands – Reuters
Deutsche Bank: This Chart Underlines the Massive Move From Bonds to Stocks Since the Election – Bloomberg
Pakistan Senate proposes scrapping 5,000 rupee note – bbc

Italy’s New Government Embarks on Toxic Road to Rescue Banks – Bloomberg

Portugal homes with sea views face higher tax to improve fiscal outlook – guardian

EUR/USD: Still heading for parity – SocGen – fxstreet

Japan’s Central Bank Keeps Policy Unchanged, Upgrades Economic Outlook – Bloomberg
The RBA just signalled the bar for rate cuts is moving higher – businessinsider

 

Monday 12/19

Business Live – guardian

Germany Reels as Truck Kills 12 at Berlin Christmas Market – Bloomberg
Italy Paves Way for a $21 Billion Rescue Plan for Ailing Banks – Bloomberg

How Trump Has Changed the Financial Outlook for 2017 – Bloomberg

Russian Ambassador In Turkey Murdered In Terrorist Attack By Shooter Screaming “Allahu Akbar” – Live Feed – Zerohedge
Wells Fargo Lining Up Robot Stock Pickers for Its First Ever ETF – Bloomberg

Janet Yellen To Class Of 2016: “You’re Entering The Strongest Job Market In A Decade” – Live Feed – Zerohedge
RBI tightens cash deposit rules just days before deadline – Reuters
Service PMI Drops To Three Month Low, But Job Creation Jumps As Input Costs Soar – Zerohedge
Indonesia’s Central Bank Revives Plan to Cut Three Zeroes From Rupiah – Bloomberg
“Everyone Is Nervous” – Chinese Bond Bloodbath Reawakens As Hong Kong Stocks Turn Red For 2016 – Zerohedge
Goldman Warns China Outflows Rising in Both Yuan Payments, Forex – Bloomberg

BREXIT: The flight of capital has begun – businessinsider

Stronger yen, Chinese bond selloff weigh down Asian markets – Marketwatch

Japan export volume rises at a record pace – Marketwatch
Crunch time for troubled Monte dei Paschi as survival rests on savers – telegraph
Interest rates are rising in the US, but in other places they’re still below zero — here’s what that means – businessinsider
Ukraine to nationalize its biggest lender, PrivatBank – cnbc
Stocks get Trump bounce, but not the real economy – Marketwatch

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