Daily News Links

8813 posts

Sunday, December 11, 2016

General

• Italy’s Gentiloni Heads for Prime Minister Job After Renzi Quits
  Bloomberg
• Dollar debt issuance soars as central banks take a back seat: BIS report
  CNBC
• Shrinking FX market could pose stability risk: BIS
  Reuters
• OPEC Doomed to Repeat History
  Bloomberg
• China: Renminbi stalls on road to being a global currency
  FT
• Large investors pull $350bn from active equity funds
  FT

Saturday, December 10, 2016

General

• Non-OPEC Said to Join OPEC in First Global Cut in 15 Years
  Bloomberg
• Parties make their cases to Italy president for new leader
  Reuters
• Ping An's overseas investments impacted by China's capital outflow crackdown-CFO
  Reuters
• Trump packs trade team with veterans of steel wars with China
  Reuters

Friday, December 9, 2016

Evening

• Raging Stocks, Fed Fears Trigger ‘Dislocation’ in Global Markets
  Bloomberg
• What Is Plan B for Monte Paschi After Italy Vote?: QuickTake Q&A
  Bloomberg
• What’s Next for Italy After Renzi’s Resignation: QuickTake Q&A
  Bloomberg
• Raging Stocks, Fed Fears Trigger ‘Dislocation’ in Global Markets
  Bloomberg
• Coeure Says ECB Stimulus Extension Comes With Warning Message
  Bloomberg
• Trump Threat Hits Mexico's Creditworthiness as Fitch Cuts Outlook
  Bloomberg
• Germany's Bild lambasts Draghi over ECB "money bomb"
  Reuters
• Hooked on QE: Hedge Funds See Dangerous Addiction
  WSJ
• America and China square off over trade
  FT

General

• World stocks hold near 16-month highs after strong week
  Reuters
• Global Bond Yields Rise As Chinese Inflation Accelerates
  Dow Jones
• European Stocks Rise for 5th Day in Biggest Rally in 10 Months
  Bloomberg
• Consumer Confidence in U.S. Surges Thanks to Optimism About Trump
  Bloomberg
• Exclusive: ECB rejects Monte Paschi's request for more time to raise cash - source
  Reuters
• Euro zone bailout fund not preparing Italy aid: Regling
  Reuters
• China's Capital-Control Crackdown 'Particularly Worrying' for Businesses, Says George Magnus
  Bloomberg
• Trump Says China Will Have to Play by Rules Under New Ambassador
  Bloomberg
• Korea’s Park Impeached as Protesters Vent Anger Over Corruption
  Bloomberg
• Trump says U.S.-China relationship must improve
  Reuters
• ‘Old Friends’ Aside, China Says Trump Must Toe Line on Taiwan
  Bloomberg
• Donald Trump’s Cabinet Selections Signal Deregulation Moves Are Coming
  WSJ
• French bonds weaken as investors sound political alarm
  FT

Thursday, December 8, 2016

Evening

• China Factory Gate Prices Rise 1.5% on Year, Less Than Expected
  Bloomberg
• [Dallas News} Dallas Police and Fire Pension Board ends run on the bank, stops $154M in withdrawals
• Euro Drops; ECB Says Smaller Monthly Asset Buys Not Tapering
  Bloomberg
• Major stock indexes rise again to new records
  Reuters
• U.S. household net worth rose to $90.2 trillion in the third-quarter: Fed
  Reuters
• Market indicator hits extreme levels last seen before plunges in 1929, 2000 and 2008
  CNBC

General

• ECB Expands Stimulus to $2.4 Trillion as Monthly Purchases Slow
  Bloomberg
• Euro Slides With Bonds on ECB Stimulus Signal; U.S. Stocks Mixed
  Bloomberg
• Bonds Extend Drop on ECB Plan as Stocks Rise, Euro Fluctuates
  Bloomberg
• German Curve Steepens Most Since 2008 as ECB Tweaks QE: Chart
  Bloomberg
• Confusion Reigns in Markets as ECB QE Changes Spark Wild Swings
  Bloomberg
• German Yield Climbs to Highest Since January on ECB Tapering
  Bloomberg
• Italian PM Renzi resigns, president to consult with parties
  Reuters
• China Exports Edge Up as Imports Increase Most in Two Years
  Bloomberg
• Indian Outflows: You Ain’t Seen Nothing Yet, Says Deutsche Bank
  Bloomberg
• Fed Officials Leaning Toward Bigger Is Better on Balance Sheet
  Bloomberg
• The Fed shouldn't be driving US economy, Trump advisor Judy Shelton says
  CNBC
• Japan to increase loan to Fukushima operator Tepco to $123 billion -source
  Reuters
• Rising Interest Rates Trigger Losses on Banks’ Massive Bond Holdings
  WSJ
• Wary Corporate Chiefs Keep an Ear Tuned to Trump’s Messages
  NYT
• China’s Banks Are Hiding More Than $2 Trillion in Loans
  WSJ
• Rust-Belt Debt Hangs Around Beijing’s Neck
  WSJ
• Italy demands more time from ECB to rescue Monte dei Paschi
  FT
• US interest rate rises set to expose China’s frailties
  FT
• Surge in Dollar Provokes Jitters in Emerging Markets Around World
  WSJ
• Exclusive: Risking Beijing's ire, Vietnam begins dredging on South China Sea reef
  Reuters

Wednesday, December 7, 2016

Evening

• U.S. Stocks Rise to Records, Bonds Gain on ECB Stimulus Optimism
  Bloomberg
• AAA Ratings Return for Securities Backed by Riskier Home Loans
  Bloomberg
• Private 2010 Records Show Dudley’s Staff Urging Bold Fed Action
  Bloomberg
• Trump takes aim at drug companies: ‘I don’t like what has happened with drug prices’
  Washington Post

General

• U.S. Stocks Fluctuate, Bonds Advance on ECB Stimulus Optimism
  Bloomberg
• Stock Rally Extends Into Asia as Oil Falls; Aussie Sinks on GDP
  Bloomberg
• Bonds Plunge as Indian Policy Makers Unexpectedly Hold Key Rate
  Bloomberg
• China’s Foreign Reserves Drop Most in 10 Months as Yuan Slumps
  Bloomberg
• China's Yuan Pessimists Are Multiplying
  Bloomberg
• Finding Risk in All the Wrong Places as Trump Era Begins
  Bloomberg
• Traders Caught Up in Wall Street Probes Switch to Shadow Banking
  Bloomberg
• China's tighter capital controls impeding Western firms' payments, dividends: lobbies
  Reuters
• BOJ Iwata keeps focus on money printing, exposes rift in board
  Reuters
• Bank of Japan’s Iwata Says No Shift Away From Asset Purchases
  Bloomberg
• China's Big Savers Are Racking Up More Debt
  Bloomberg
• There's a New Normal in China's Debt Market
  Bloomberg
• JPMorgan Hit Hardest as EU Fines Euribor Trio $521 Million
  Bloomberg
• China warns US on Taiwan leader's planned transit
  AP
• As Beijing Battles to Keep Yuan at Home, Chinese Prepare to Sell
  WSJ
• China’s Yuan and the Trillion-Dollar Numbers Game
  WSJ
• China’s forex reserves drop $70bn as outflow accelerates
  FT
• How ECB chiefs will be reading markets ahead of QE vote
  FT
• The pros and cons of a renminbi devaluation
  FT

Tuesday, December 6, 2016

Evening

• Stocks Edge Toward Records as ECB Meeting Looms; Crude Retreats
  Bloomberg
• Exclusive: Italy treasury considers hiking Monte Paschi stake via debt swap - sources
  Reuters
• China Is Pausing on U.S. Deals, Ex-Goldman Rainmaker Says
  Bloomberg
• Donald Trump's win sets the stage for record flow of cash to US stocks
  CNBC
• Donald Trump gets tough on China by borrowing a little from Beijing's playbook
  CNBC
• Fed May Struggle to Signal What Comes After December
  FT
• EU companies in China hit by new exchange controls
  FT
• Credit binge and fall in income leaves Asian companies exposed
  FT

General

• Stocks Fluctuate With Bonds as ECB Meeting Looms; Crude Retreats
  Bloomberg
• Asia stocks bounce as risk appetite returns after Italy vote
  Reuters
• Trade Deficit in U.S. Widened to a Four-Month High in October
  Bloomberg
• Italy readying state bailout for Monte dei Paschi bank-sources
  Reuters
• Monte dei Paschi readied for state bailout after Renzi defeat
  FT/CNBC
• Italian minister, after talking to Renzi, sees new election likely in February
  Reuters
• ECB Haunted by Ghost of Christmas Past as Stimulus Choice Nears
  Bloomberg
• A Cheat Sheet on the Deglobalization of the Financial World
  Bloomberg
• China's rising corporate leverage shows urgency of accelerating reforms: U.S. treasury official
  Reuters
• Why China Can't Stop Capital Outflows
  Bloomberg
• Traders count down to ECB, Fed meetings
  CNBC
• Exclusive: Tony Blair sees dangerous times ahead for Western democracies
  USAT
• For Europe’s Unity, 2017 Will Be a Year of Reckoning
  WSJ
• Trump fires opening salvo in risky test of wills with Beijing
  Reuters
• Harsh Political Winds Test Euro’s Stability and Future
  WSJ
• In China, Trump-Style Infrastructure Partnerships Are Used to Hide Debt
  WSJ
• Donald Trump’s Message Sparks Anger in China
  WSJ
• Amid Rising Delinquencies, Auto Lenders Scaling Back Loans to Subprime Borrowers
  WSJ
• What can be done to stop an Italian banking crisis?
  FT
• Brazil uncertainty intensifies as Senate head suspended
  FT
• Rapid rise of the ETFs sparks growing pains
  FT

Monday, December 5, 2016

Evening

• Asian Stocks to Join Post-Italy Vote Rally as Volatility Abates
  Bloomberg
• Techs buoy S&P, Nasdaq; Goldman pushes Dow to record high
  Reuters
• ECB Buys Record Amount of Debt as QE Frontloaded Before Holidays
  Bloomberg
• Everything You Need to Know About Italy's Five Star Movement: QuickTake Q&A
  Bloomberg
• 'Everybody loses': What an economic war between US and China would look like
  CNBC
• Matteo Renzi’s Loss in Italy Is Clear, but Who Are the Winners?
  NYT
• Anti-immigrant, anti-euro populists gain ground in Italy as prime minister resigns
  Washington Post

General

• Euro Gains With Stocks as Italy Vote Absorbed in ‘Three Minutes’
  Bloomberg
• Oil tops $55 for first time in 16 months as OPEC deal fuels buying
  Reuters
• Monte dei Paschi subordinated debt drops as swap seen at risk
  Reuters
• Rescue of Italian bank Monte Paschi in danger after Renzi's defeat
  Reuters
• Service Industries in U.S. Expand at Fastest Pace in 13 Months
  Bloomberg
• Europe Stock Volatility Bets Unravel After Italian Vote Outcome
  Bloomberg
• What Next for Italy After Renzi’s Resignation? QuickTake Q&A
  Bloomberg
• Europe suffers Italian blow but bigger tests loom
  Reuters
• Renzi's Italy referendum loss heightens tensions in euro zone politics
  CNBC
• Fed’s Dudley Says He Favors Tighter Monetary Policy Over Time
  Bloomberg
• China services sector activity expands at quickest rate in 16 months in November: Caixin PMI
  Reuters
• China Regulator Slams Leveraged Stock Acquirers as ‘Robbers’
  Bloomberg
• Donald Trump insults China with Taiwan phone call and tweets on trade, South China Sea
  CNBC
• Trump takes fresh swipe at China after controversial Taiwan call
  CNN
• Italy Referendum: Prime Minister Renzi Quits as Voters Deliver Stinging Rebuke
  WSJ
• There’s a Big New Investor in Stock Markets: The State
  WSJ
• Markets unprepared for central bank shifts, warns Axel Weber
  FT
• Bankers scramble to secure Monte dei Paschi rescue
  FT