Daily News Links

8375 posts

Saturday, December 12, 2015

General

• China Factory Output, Retail Sales Gain as Demand Stabilizes
  Bloomberg
• Fannie and Freddie’s Government Rescue Has Come With Claws
  NYT, Morgenson
• China November commodities output weak as refinery runs hit record
  Reuters
• Thousands of Iraqis in Baghdad, Basra protest Turkish deployment in north
  Reuters
• China navy carries out more drills in disputed South China Sea
  Bloomberg

Friday, December 11, 2015

General

• Junk-Bond Fear Gauge Nears 3-Year High After Third Avenue Freeze
  Bloomberg
• Third Avenue Redemption Freeze Sends Chill Through Credit Market
  Bloomberg
• Offshore Yuan Weakens as China Unveils Multi-Currency Index
  Bloomberg
• China’s Central Bank Signals Intention to Loosen Yuan’s Peg to Dollar
  WSJ
• Oil Falls to Lowest Since 2008 as OPEC Seen Fueling Supply Glut
  Bloomberg
• U.S. Stocks Fall Amid Crude Oil Drop as Fed Policy Meeting Looms
  Bloomberg
• Third Avenue to liquidate junk bond fund that bet big on illiquid assets
  Reuters
• No cheer as China yuan hits four-and-a-half-year low, oil at seven-year low
  Reuters
• Brazil Real Falls as Ministers' Dispute Fuels Political Tension
  Bloomberg
• Mexican Central Bank Sells $400 Million as Peso Hits Record Low
  Bloomberg
• Commodity Exporters' Currencies Slump as Rout in Oil Deepens
  Bloomberg
• Lira Falls Most After Rand as Zuma Shakeup Roils Emerging Assets
  Bloomberg
• Abengoa Default Swaps Triggered by Failure-to-Pay Credit Event
  Bloomberg
• Building a Better Credit Hedge Is Proving Much Harder Than Expected
  Bloomberg
• Aircraft orders slow as cycle peaks; potential for production impact seen
  Reuters
• China's November lending beats expectations, led by new loans and bonds
  Reuters
• Fosun looks badly exposed as boss goes AWOL
  Reuters
• Disappearances in China Highlight Ruling Party Detention System
  Bloomberg
• South Africa Faces Watershed as Investors Despair of Zuma
  Bloomberg
• Putin Tells Defense Chiefs to Strengthen Russian Nuclear Forces
  Bloomberg
• Ukraine lawmaker manhandles PM Yatseniuk in rowdy parliament scenes
  Reuters
• Turkey says to 'reorganize' military personnel in Iraqi camp
  Reuters

Evening

• Stocks Tumble in Worst Week Since August as Fed Anxiety Spreads
  Bloomberg
• U.S. Stocks Sink as Oil Rout Deepens With Emerging-Asset Selloff
  Bloomberg
• Colombian Currency Weakens to Record as Oil Bearishness Grows
  Bloomberg
• Junk-Bond Rout Deepens
  WSJ
• Now, Stone Lion Capital suspends redemptions as junk-bond market fears accelerate
  MarketWatch
• Why Third Avenue move unnerved markets
  FT
• Stone Lion halts redemptions from $400m credit fund
  FT
• LionEye Shuts Hedge Fund Amid Losing Year for Event Strategies
  Bloomberg
• Why China may want its yuan to be more like the Singapore dollar
  MarketWatch
• Rift Emerges Between Rich Nations, Others at Climate Talks
  AP

Thursday, December 10, 2015

General

• As High-Yield Debt Reels, Mutual Fund Blocks Holders From Redeeming
  WSJ
• Here's How Much the U.S. Middle Class Has Changed in 45 Years
  Bloomberg
• Special Report: Buybacks enrich the bosses even when business sags
  Reuters
• Asian Stocks Extend Drop; Aussie Strengthens as Oil, Copper Gain
  Bloomberg
• China Stocks Fall as Industrials Bear Brunt of Economic Concerns
  Bloomberg
• Zuma Rattles South African Markets by Firing Nene as Risks Rise
  Bloomberg
• As Fed tightening looms, big share repurchasers could be pressured
  Reuters
• Corporate Bond Market Has Potential Emerging Risks, Finra Says
  Bloomberg
• Chevron slashes budget by 24 pct to weather low oil prices
  CNBC
• Massive insider selling spurs market concerns
  CNBC
• Middle class Americans 'no longer majority'
  CNBC
• The Veneer of Consensus at the Fed
  WSJ, Plosser
• Is $50 Billion the Price of Repo Safety?
  WSJ
• Energy Company Assets on the Block as Oil Plunge Bites
  WSJ
• Mersch says 'very large majority' of ECB policymakers do not want more QE
  Reuters
• China Billionaire Guo Guangchang Unreachable, Caixin Reports
  Bloomberg
• Brazil’s troubles deepen with ratings blow
  FT

Evening

• Asia Stocks Set for Worst Week Since September Before China Data
  Bloomberg
• Yuan in Biggest Weekly Drop Since Devaluation as PBOC Eases Grip
  Bloomberg
• Junk Fund’s Demise Fuels Concern Over Bond Rout
  WSJ
• U.S. stock funds post $8.6 bln in withdrawals during weekly period - Lipper
  Reuters
• Fosun Built Sprawling Empire Before Guo's Reported Disappearance
  Bloomberg
• Fosun Dollar Bonds Drop by Record After Missing Chairman Report
  Bloomberg
• Currency Traders' Bad Year Gets Worse as Central Banks Surprise
  Bloomberg
• Iron Ore in Worst Run Since '08 as China's Steel Output May Drop
  Bloomberg
• Junkyard Dog: How Oil-Fueled Debt Caught Up With Chesapeake
  WSJ
• High-Yield Fund Blocks Investor Withdrawals
  NYT
• Hong Kong on the Brink as Developers Offer Stealth Price Cuts
  Bloomberg

Wednesday, December 9, 2015

General

• JPMorgan: The Fed Could Trigger a 'Massive Stop Loss Order' in the S&P 500 if Liftoff Goes Awry
  Bloomberg
• Brazil Ratings Put Under Review for Downgrade to Junk by Moody's
  Bloomberg
• U.S. Stocks Fall as Oil Rally Fades, Apple Paces Technology Drop
  Bloomberg
• Bloomberg] Euro Rises to Highest in 1 Month as Nowotny Says Views Overdone
• ECB's Nowotny Criticizes `Absurd' Expectations for Stimulus
  Bloomberg
• U.S. Said to Probe Possible Rigging in Agency Bond Market
  Bloomberg
• Energy Sector’s Junk-Bond Pain Spreads
  WSJ
• Anglo's Shadow Hangs Over Glencore Investor Day as Shorts Circle
  Bloomberg
• Abengoa's Woes Risk Widening Grain Glut on Biofuel Concern
  Bloomberg
• Miners' Rout Deepens, Defying Rally in Metals, Crude
  Bloomberg
• Brazil November Consumer Prices Rise 1.01% From Previous Month
  Bloomberg
• China's Fiscal Squeeze Challenges Xi Goal as Slowdown Grinds On
  Bloomberg
• China Said to Form State-Owned Fund to Deal With Mining Debt
  Bloomberg
• The junk bond market's early warning signs are all flashing red for the global economy
  UK Telegraph
• Interview-Japan's GPIF says ready to hedge against currency volatility
  Reuters
• Exclusive: Australian police raid Sydney home of reported bitcoin creator
  Reuters
• Brazil Supreme Court Halts Creation of Impeachment Committee
  Bloomberg
• If It Owns a Well or a Mine, It’s Probably in Trouble
  NYT
• A Strong Dollar Hurts China More Than the U.S.
  Bloomberg
• China military paying 'close attention' to U.S. plane deployment
  Reuters
• Russia Calls Ukraine `Swindlers' as Debt Deadline Approaches
  Bloomberg
• Russia trying to carry out 'ethnic cleansing' in Syria's Latakia: Turkish PM
  Reuters

Evening

• Asian Stocks Decline as Jump in Yen Weighs on Japanese Exporters
  Bloomberg
• Dividends Could Be the Next Victim of the Commodity Crunch
  Bloomberg
• Rand Plunges as Zuma Fires Finance Minister in Shock Move
  Bloomberg
• Wall Street Is Pricing Pipeline MLPs Like Half Will Cut Payouts
  Bloomberg
• No One Knows How Messy the Fed Increase Could Get
  Bloomberg
• Wall Street Lending Standards Remind Regulators of Crisis Run-Up
  Bloomberg
• Emerging Markets Face Record Bond Tab as Fed Prepares Liftoff
  Bloomberg

Tuesday, December 8, 2015

General

• U.S. Stocks Drop After China Trade Data Add to Growth Concern
  Bloomberg
• Brazilian Stocks Slump as Vale Declines After China Trade Data
  Bloomberg
• Brazil Real Drops on China Trade Data as Political Tensions Rise
  Bloomberg
• Yuan Closes at Four-Year Low in `Stress Test' Before Fed Liftoff
  Bloomberg
• When It Rains It Pours as China Unleashes Commodity Torrent
  Bloomberg
• Brent Crude Drops Below $40 for First Time in Almost Seven Years
  Bloomberg
• Emerging Stocks Drop on China Data as Energy Shares Extend Slump
  Bloomberg
• China Exports Fall for Fifth Month, Import Slump Continues
  Bloomberg
• Yellen Powers of Persuasion Face Test to Avoid Liftoff Dissents
  Bloomberg
• Investors Bet Commodities Slump Will Push Many Into Default
  WSJ
• Hedge funds lick wounds after tough year
  FT
• Brazil VP Criticism of Rousseff Deepens Impeachment Turmoil
  Bloomberg
• The boom and bust cities of 2015
  Yahoo

Evening

• PBOC Cuts Yuan's Daily Fixing to Weakest Level Since August 2011
  Bloomberg
• Emerging Markets Warned of Capital Drought as Fed Nears Liftoff
  Bloomberg
• Kinder Morgan Cuts Dividend by 74 Percent to Conserve Cash
  Bloomberg
• DoubleLine's Gundlach Says 'Real Carnage' in Junk Bonds Ahead of Fed
  Reuters
• Brazil lower house names impeachment committee stacked against Rousseff
  Reuters
• Energy and Mining Producers Reeling as Price Collapse Deepens
  NYT
• To hike or not to hike: Turkey's central bank faces crucial test
  Reuters
• The unenviable currency problem facing China
  FT

Monday, December 7, 2015

General

• Dollar Climbs as Oil Drop Hurts Producers; European Stocks Rally
  Bloomberg
• Asia stocks up but wary of China data, oil pressured
  Reuters
• OPEC Unshackled From Quota Could Add Millions of Barrels
  Bloomberg
• Iron Ore Plummets Below $40 a Ton as Global Glut Hurts Outlook
  Bloomberg
• Bond Trader Hubris Reaches Inflection Point as Fed Liftoff Looms
  Bloomberg
• Puerto Rico Talks Risk Rises With Supreme Court Hearing Appeal
  Bloomberg
• Goldman: All Those Strange Things Happening in Markets Could Help Keep Interest Rates Low
  Bloomberg
• Draghi Still `Super Mario' to Dollar-Thirsty Emerging Markets
  Bloomberg
• China’s FX Reserves Decline Amid Yuan Support, Weaker Euro
  Bloomberg
• China's capital outflows set to hit record: Expert
  CNBC
• China's Sichuan Shengda Defaults on Onshore Bond as Growth Slows
  Bloomberg
• Bloomberg] Chinese Demand for Aussie Homes Drops as Much 15%, McGrath Says
• Citic Securities Unable to Reach Investment-Banking Heads
  Bloomberg
• China's capital issues first ever 'red alert' on air pollution
  Reuters
• A Revolving Door Helps Big Banks’ Quiet Campaign to Muscle Out Fannie and Freddie
  NYT, Morgenson
• Sovereign wealth funds withdraw $19bn from asset managers
  FT
• For Bankers, the Mideast Is an Oasis No Longer
  WSJ, Yahoo
• Turkey's Never Had It So Bad as Record Outflows Seen Persisting
  Bloomberg
• Turkey says has duty to protect soldiers in Iraq after Baghdad ultimatum
  Reuters
• Germany Struggles With Nearly One Million New Refugees in 2015
  Bloomberg
• 5 takeaways on France’s regional elections
  Politico
• France's governing Socialists urge tactical voting in face of far-right surge
  UK Guardian

Evening

• Oil Rout Hits Asia Stock Outlook; Copper Falls Before China Data
  Bloomberg
• Oil Tumbles to Six-Year Low as OPEC Abandons Production Target
  Bloomberg
• Mexico's Central Bank Steps in as Peso Tumbles Amid Fed Hopes
  Bloomberg
• Colombian Peso Falls to Record Low as Bonds Drop on CPI Surprise
  Bloomberg
• Brazil's Real Joins Global Selloff on Fed Wagers, Commodity Rout
  Bloomberg

Sunday, December 6, 2015

General

• Kuroda Lagging Behind ECB's Negative Rates Shows Limited Options
  Bloomberg
• BIS argues for tighter monetary policy in spite of ‘uneasy calm’
  FT
• 'Uneasy' market calm masks debt timebomb, BIS warns
  UK Telegraph
• South Africa Says Foreign Deposits Sufficient After Downgrade
  Bloomberg
• Origins of `Bund Tantrum' Seen in Interest-Rate Swaps, BIS Says
  Bloomberg
• Turkey Boosts Troops in Northern Iraq, Ignoring Protests
  Bloomberg
• Turkey, Russia Fallout Over Downed Warplane Deepens at Two Ports
  Bloomberg
• Turkey angered by rocket-brandishing on Russian naval ship passing Istanbul
  Reuters

Evening

• Emerging Market Debt Sales Are Down 98 Percent
  Bloomberg
• Front National wins opening round in France's regional elections
  UK Guardian