Daily News Links

8815 posts

Wednesday, October 7, 2015

General

• $3 trillion corporate credit crunch looms as debtors face day of reckoning, says IMF
  UK Telegraph
• Banks' Glencore Exposure Is a $100 Billion `Gorilla,' BofA Says
  Bloomberg
• IMF Warns of Growing Emerging-Market Risks as Fed Nears Liftoff
  Bloomberg
• Credit risk returns to fixed income market
  Markit
• Oil Drillers Hunker Down for More Pain One Year Into Bear Market
  Bloomberg
• Bloomberg] Brazil's September Inflation Accelerates More Than Forecast
• China's Foreign Reserves Post Record Quarterly Drop on Yuan
  Bloomberg
• Once the Biggest Buyer, China Starts Dumping U.S. Government Debt
  WSJ
• Yen Advances as Bank of Japan Refrains From Adding to Stimulus
  Bloomberg
• Bank of Japan Refrains From Adding to Record Stimulus
  Bloomberg
• U.S. oil output on brink of 'dramatic' decline, executive says
  Reuters
• In a Reunion, Bernanke and Geithner Revisit the Crisis
  NYT
• How the Ghost of Stimulus Past in China Haunts Li Keqiang
  Bloomberg
• China futures market decimated by trading curbs
  FT
• How Iranian general plotted out Syrian assault in Moscow
  Reuters
• Russia backs Syrian forces in major assault on insurgents
  Reuters

Evening

• Deutsche Bank Sees $7 Billion Quarterly Loss on Writedowns
  Bloomberg
• Traders Flee Pharma Junk Bonds as Price Scandal Engulfs Industry
  Bloomberg
• Russia Fires Cruise Missiles in Syria as Assad Begins a Ground Attack
  NYT

Tuesday, October 6, 2015

General

• IMF Cuts Global Outlook as Commodity Slump Hits Emerging Markets
  Bloomberg
• U.S. trade deficit widens as exports sag, imports from China surge
  Reuters
• IMF warns on worst global growth since financial crisis
  FT
• It Looks Like Free Money Is Available in the Credit Market
  Bloomberg
• There's Lots of Liquidity in Treasuries, Except When Needed Most
  Bloomberg
• German Factory Orders Unexpectedly Fall Amid Economic Risks
  Bloomberg
• Goldman Sachs Says Fed May Delay Rate Increase Well Into 2016
  Bloomberg
• Russia Shuns No-Fly Zone for Syria as Clerics Urge Reprisals
  Bloomberg
• Russian Soldiers to Join Fight in Syria
  NYT
• NATO cites Russian ground troops in Syria, 2nd violation of Turkey's airspace
  CNN
• U.S. warns against 'egregious' restrictions in contested South China Seas
  Reuters

Evening

• Hedge funds suffer worst month since October 2008
  FT
• Bloomberg] Biotech Rout Halts U.S. Stock Rally; Oil Gains as Dollar Weakens
• Glencore moves to fend off its critics with ‘fact sheet’
  FT
• Schaeuble Sees Limit to `Nervous' Germany Welcoming Refugees
  Bloomberg
• Iraqis Urge Russia to Strike Islamic State
  WSJ

Monday, October 5, 2015

General

• Norway's PM Warns Currency Instability Is a Threat to Economy
  Bloomberg
• Stocks, Copper, Emerging Markets Jump as Fed Delay on Rates Seen
  Bloomberg
• Glencore Follows Hong Kong Rally With Jump in London Trading
  Bloomberg
• Emerging Market ETF Outflows Double as Losses Hit $12.4 Billion
  Bloomberg
• EM at the mercy of shifting money flows
  FT
• China Weighs on Developing East Asia as World Bank Cuts Outlooks
  Bloomberg
• Policy Makers Skeptical on Preventing Financial Crisis
  NYT
• Deutsche Bank Asks if the Corporate Default Cycle Has Started
  Bloomberg
• Hedge Funds Wary of Shorting Euro, Yen as Currencies Defy QE
  Bloomberg
• How the Fed Saved the Economy
  WSJ, Bernanke
• Kremlin Says Russian ‘Volunteer’ Forces Will Fight in Syria
  NYT
• Russia escalating Syria war by targeting moderate opposition: U.S.
  Reuters
• Turkey Says Unidentified MiGs Harassed Its Jets on Border
  Bloomberg

Evening

• Marc Faber: We Have Colossal Asset Inflation
  Bloomberg Video
• Paul Tudor Jones Sees Choppier Markets as Fed Shifts Focus
  Bloomberg
• Puerto Rico Willingness to Pay Test Coming Sooner Than Expected
  Bloomberg
• In Ben Bernanke’s Memoir, a Candid Look at Lehman Brothers’ Collapse
  NYT
• NATO denounces Russian incursion into Turkish airspace
  Reuters
• U.S. Concludes Russia Targeting CIA-Backed Rebels in Syria
  WSJ

Sunday, October 4, 2015

General

• Saudi Aramco Cuts Crude Pricing to Asia, U.S. Amid Weak Demand
  Bloomberg
• VW Chief Warns Cheating Scandal May Threaten Company's Existence
  Bloomberg
• Portuguese Start Voting to Give Verdict on Bailout Years
  Bloomberg
• Emerging market turmoil flashes warning lights for global economy
  CNBC/FT
• Quarterly review: Grexit and China fears drain investor confidence
  CNBC/FT
• Tsipras Will Walk Tightrope With Unveiling of New Greek Budget
  Bloomberg
• Indonesia Inc faces tough time rolling over debts
  FT
• Germany faces logistical nightmare as refugee inflows hit record
  Reuters

Evening

• World's Central Banks Lose Bond-Market Credibility as Woes Mount
  Bloomberg
• Bloomberg] Asian Stocks Gain as U.S. Payrolls Bolster Case for Dovish Fed
• Dealmakers Ignore Stock Market Rout After Busiest Summer for M&A
  Bloomberg
• America's Beaten-Down Factory Worker Is Getting Squeezed Again
  Bloomberg
• Dollar’s Surge Against Other Currencies Weighs Down United States’ Economy
  NYT
• Portugal's Ruling Coalition Defeats Socialists in Election
  Bloomberg
• World Bank's Kim to ask members for capital injection: FT
  Reuters
• Ruble Crash Casts Pall Over Rates as Food Prices Bring No Relief
  Bloomberg

Saturday, October 3, 2015

General

• U.S. hedge funds brace for worst year since financial crisis
  Reuters
• Investors brace for stocks to fall again ahead of earnings
  Reuters
• Gulf Widens Between Fed Forecasts and Signal From Futures Market
  Bloomberg
• IMF, central banks in the spotlight
  Reuters
• Companies are cutting jobs and buying back stock at the same time
  MarketWatch
• VW Tsunami: Falsified Emissions Push Company to Limits
  Der Spiegel
• Portugal's Coelho Makes Final Appeal to Voters Before Election
  Bloomberg
• Only 5 percent of Russian strikes hitting Islamic State - Britain
  Reuters
• Russia bombs Syrian targets for 4th day as international concerns grow
  CNN

Evening

• Dudley Says Work Needed on Tools to Avert Financial Crises
  Bloomberg
• Syrian crisis: Russia vows to intensify air strikes
  BBC

Friday, October 2, 2015

General

• Fed's Fischer Sees Few Obvious Bubbles in U.S. Economy
  Bloomberg
• It's Been a Terrible Week for the Credit Market
  Bloomberg
• Bank Stocks Tumble as Jobs Report Threatens 2015 Rate Hike
  Bloomberg
• U.S. Stocks Slide Following Weaker-Than-Forecast Payrolls Data
  Bloomberg
• Treasuries Surge After Jobs Figures Cast Doubt on Fed Increase
  Bloomberg
• Payrolls Rise Less Than Projected, U.S. Jobless Rate Steady
  Bloomberg
• Dollar Falls to 2-Week Low as Payrolls Weaken Fed Liftoff Case
  Bloomberg
• European Stocks Erase Gains as U.S. Payroll Data Miss Forecasts
  Bloomberg
• Q3 investment banking fees slump 30 pct to lowest in 4 years
  Reuters
• Kazakhstan Raises New Key Rate to 16% to Stem Currency Swings
  Bloomberg
• Ackman, Einhorn Lead Hedge Funds on Track to Rival '08 Slump
  Bloomberg
• Junk or AAA? Rating Split Plagues Chicago as It Borrows Billions
  Bloomberg
• Emerging Markets Set for First Annual Net Outflow in 27 Years
  Bloomberg
• PBOC's Yi Suggests Punitive Tobin Tax to Deter Yuan Speculators
  Bloomberg
• China Billionaire With Canal Dream Confronts Biggest Loss of '15
  Bloomberg
• Glencore Isn’t Out of the Woods Yet
  NYT
• U.S., Allies Demand Russia Stop Attacks on Syria Opposition
  Bloomberg
• Deadly Russian rocket system spotted in Ukraine for first time
  Reuters

Evening

• Credit Investors Bolt Party as Economy Fears Trump Low Rates
  Bloomberg
• Investors Are Asking Tough Questions About 'Yieldcos'
  Bloomberg
• DoubleLine's Gundlach says risk assets globally face 'another wave down'
  Reuters
• CLOs Increased Low-Quality Loan Holdings in a Reach for Yield
  Bloomberg
• U.S., allies short on options as Russia, Iran flex muscle in Syria
  Reuters

Thursday, October 1, 2015

General

• Charting the Markets: China Factory Data Sends Global Equities Higher
  Bloomberg
• Global economy loses steam as Chinese, European factories falter
  Reuters
• Yen Gains on Report That Central Bank Will Refrain From Stimulus
  Bloomberg
• Brazil Real Slides as Lawmakers Vote to Boost Fiscal Spending
  Bloomberg
• Worst Seen Coming for Currencies Ensnared in Commodities Fallout
  Bloomberg
• From heroes to bystanders? Central banks' growth challenge
  Reuters
• Glencore's Credit Rating at Risk If Commodity Slump Doesn't Stop
  Bloomberg
• ETF Investors Exit Emerging-Market Stock Bets as China Falters
  Bloomberg
• Why America's Oil Output Refuses to Collapse
  Bloomberg
• The Delinquent Borrowers Leading a Student Loans Revolt
  Bloomberg
• These Charts Show the Big Change in Chinese Corporate Debt Since 2007
  Bloomberg
• Children of the Yuan Percent: Everyone Hates China’s Rich Kids
  Bloomberg
• EM capital flows to reverse for first time since 1988
  FT
• Extending QE challenges ECB's bond holding limits
  Reuters
• Iran troops to join Syria war, Russia bombs group trained by CIA
  Reuters
• China navy calls for United States to reduce risk of misunderstandings
  Reuters
• Russian Airstrike in Syria Targeted CIA-Backed Rebels, U.S. Officials Say
  WSJ
• Russian warplanes target insurgents in Syria but not Islamic State
  Reuters
• Khamenei calls for stronger Iranian military to deter enemies
  Reuters

Evening

• Distressed Debt Exactly That as Bond Prices Plunge to 59 Cents
  Bloomberg
• Williams Says Uncertainty Alone Shouldn't Stop Fed Rate Increase
  Bloomberg
• China Slowdown Spurs Record Sales of Notes Tied to Nation's Debt
  Bloomberg
• Capital flight darkens economic prospects for emerging markets
  FT
• As oil wealth dwindles, Saudi Arabia faces change
  AP
• Russia defends Syrian airstrikes as claims mount of blows to U.S.-backed rebels
  Washington Post