TOP NEWS: Week 04/27 – 03/05

Weekend 05/02 & 05/03
“Stop Being So Negative”: Putting It All Together – ZeroHedge
Filipinos Asked To Turn Off Fridges To Save Power For Pacquiao-Mayweather Fight – ZeroHedge
Presenting The Most Overvalued Housing Market In The World In One Chart – ZeroHedge
Goldman Explains The “Self-Fulfilling Loop” Driving Bund Yields – ZeroHedge
The US Equity Bubble Depends On Corporate Buybacks; Here’s The Proof – ZeroHedge



Friday 05/01
April US auto sales were … meh – businessinsider

The Best And Worst Performing Assets In April And YTD – ZeroHedge
High Yield Bond Fund Outflows Deepen With $859M Withdrawal – forbes
Atlanta Fed Cuts Q2 GDP Forecast To +0.8% After Construction Spending Crunch – ZeroHedge

US Manufacturing Weakest In 2 Years As Construction Spending Plunges; Mfg Employment Lowest Since 2009 – ZeroHedge
China April official PMI shows factories struggling to grow – Reuters



Thursday 04/30
Markets await eurozone inflation as Greece takes on Brussels – live updates – guardian
The “Scariest Spreadsheet In Fed Possession” Just Revealed A Very Scary Number For Q2 GDP – Zerohedge
Fitch: Russia Rate Cuts, Budget Show Shifting Policy Response – fitch
Bund Sell-Off: It’s The Supply Stupid – Zerohedge
The Swiss National Bank Is Long $100 Billion In Stocks, Reports Record Loss – Zerohedge
No Growth In Personal Income Pushes Savings Rate To Lowest In 2015; Spending Misses Expectations – Zerohedge
Employment cost index jumps 0.7% in first quarter – Marketwatch
Consumer Spending in U.S. Ends Sluggish Quarter on Positive Note – Bloomberg
Russian Central Bank cuts key rate to 12.5% – rt
Q2 market update – fidelity
Take this strong dollar: Euro soars – cnbc
The Dollar Is on Its Longest Losing Streak Since 2011 – Bloomberg
Grexit could cause a recession ‘of unprecedented magnitude’ and a 50% currency devaluation – businessinsider
China Rethinks Safety Net for Its Banking System – nyt
Greece Fails To Make Full Monthly Pension Payments: “The Money Is Missing” – Zerohedge
Euro-Area Bonds Slump for Second Day, Extending $61 Billion Loss – Bloomberg
What Wall Street Thinks Caused The Bund Rout – Zerohedge
Euro Area Ends Flirt With Deflation as ECB Pumps Billions in QE – Bloomberg
Euro area annual inflation up to 0.0% – eurostat
Euro area unemployment rate at 11.3% – eurostat
Reserve Bank to cut interest rates in May in face of weak economy – smh
India monsoons: Another dry season ahead? – cnbc
German jobless claims fall by less than expected – Marketwatch
Nokia shares plunge 10% on profit slump – cnbc
SPAIN: GDP registers a quarterly variationof 0.9% in the Q1 of 2015 -ine

Brazil central bank raises interest rate to 13.25% – Marketwatch
ECB too confident QE rescue plan has already worked, economists warn – telegraph
Grand Central: Bank of Japan Moves Goalposts, Keeps Playbook — For Now – wsj
BOJ did not discuss QQE exit – BOJ’s Kuroda – fxstreet
BOJ cuts inflation and growth outlook, keeping policy steady – cnbc


Wednesday 04/29
Moody’s downgrades Greece’s government bond rating to Caa2 from Caa1; outlook negative – moody’s

The Great Unwind Begins: US Dollar Plunges To 2-Month Lows – Zerohedge
Crude Spikes After First Cushing Inventory Draw Since November – Zerohedge
China and Russia to increase trade to $100bn in 2015 – rt
Gundlach Considers 100X Leveraged Bet Against German Bunds – Zerohedge
Biggest Inventory Build In History Prevents Total Collapse Of The US Economy – Zerohedge
Indians flee Nepal, leaving behind jobs and savings – Reuters
US Economy Grinds To A Halt, Again: Q1 GDP Tumbles Below Expectations, Rises Paltry 0.2% – Zerohedge
Greek Banks Get More Funds as ECB Weighs Collateral Discount – Bloomberg
Greek bank deposits drop 1.36 pct in March for sixth month in a row – Reuters



Tuesday 04/28

Election 2015: UK GDP growth slows to 0.3% – live – guardian
Twitter shares slammed after disappointing results – Reuters
Death Of The Middle Class: Homeownership Rate Drops To 29 Year Low As Average Rent Hits Record High – ZeroHedge
Central Banks Running in Place as Inflation Outpaces Rate Cuts – Bloomberg
Richmond Fed Manufacturing Survey Misses 5th Of Last 6 Months – ZeroHedge
PIMCO: 3 things to watch for at Wednesday’s FOMC meeting – businessinsider
Consumer Confidence Tumbles, Misses By Most In 5 Years – ZeroHedge

February Home Prices Jump To 7 Year Highs – Zerohedge
Fitch: Italian Bank Lending Signals Gradual Economic Improvement – fitch
Why the Cost of Hedging European Banks Stocks Has Soared – Bloomberg
Nepal Says Earthquake Rebuilding Costs to Exceed $10 Billion – Bloomberg
GDP figures: a blow for Osborne’s growth and austerity mantra – guardian
Should investors worry about the election? – dailymail
UK economic growth stutters to two-year low – markit
QE, or not QE? That is the question for China — and Morgan Stanley has an answer – businessinsider
5 Things to Know About BP’s First-Quarter Earnings – wsj
Japan Retail Sales Plunge Most Ever On Base Effect, Widespread Economic Weakness – Zerohedge
PetroChina Stock Losing Touch With Planet Earth – wsj
BP highlights China’s surging shale gas production – xinhua
Asian shares shrug off Japan data – bbc

Grexit, Grimbo, now Grexhaustion? – cnbc


Monday 04/27

Greek government reshuffles negotiating team after eurogroup clashes – live updates – guardian
Apple’s quarterly revenue jumps 27 percent – Reuters
Biotech Bubble Buckles: Tumbles Almost 7% To 3-Week Lows – zerohedge
What’s Going Wrong in India? – barrons
This pharmaceutical company is crashing after saying its earnings numbers were wrong – businessinsider
With Varoufakis Out in the Cold, Greek Stocks Warm Up – barrons
Goldman Warns Companies To Halt Buybacks At Record Valuations, Reminds What Happened In 2007 – zerohedge
Here’s the next big Chinese company in huge trouble – businessinsider
Dallas Fed Extends Miss Streak To Record 5 Months, Hovers Near 6-Year Low – zerohedge
3 reasons Morgan Stanley says you should buy stocks ‘right here right now’ – businessinsider
Despite US Services PMI Miss, Markit Says “FOMC Should Normalize Policy Sooner” – zerohedge
Does a default automatically mean a Grexit? – cnbc
Fitch downgrades Japan by one notch, joins Moody’s in warning on fiscal policy – Reuters
Oil Bears Routed by Spring Thaw in Prices as Drill Rigs Sit Idle – Bloomberg
China Considers Launching QE; Shanghai Stocks Soar – Zerohedge
Greece’s Day of Reckoning Inches Closer as Debt Payments Loom – Bloomberg
Key Events In The Coming Week: April FOMC And Q1 GDP – zerohedge
Deutsche Bank profit hit by legal costs – bbc
Deutsche Bank sees 3.7 billion euros in restructuring costs – Reuters
Fresh Tremors Hamper Nepal’s Search for Quake Survivors – Bloomberg
Nepal’s Slowing Economy Set for Freefall Without Global Help – Bloomberg


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