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Evergrande owes over $300 billion – to banks and non-bank financial institutions, domestic and international bond holders, suppliers and apartment buyers. It has bank borrowings of $90 billion, including from Agricultural Bank of China, China Minsheng Banking Corp and China CITIC Bank Corp (reports have 128 banks with exposure). Thousands of suppliers are on the […]
[Yahoo/Bloomberg] US, Europe Stocks Waver; Dollar Steady: Markets Wrap [Reuters] Asian shares stabilise but global growth fears nag [Yahoo/Bloomberg] Oil Set for Fourth Weekly Gain With High Energy Prices in Focus [Reuters] White House urges Congress to avoid debt limit ‘drama’ [Yahoo/Bloomberg] Fed Seen Announcing Bond Taper in November, Rate Liftoff in 2023 [Reuters] November? […]
This week we review gold’s strong Monday push as well as silver’s move into the rising trend floor. We also review the price movements of platinum, palladium, US Dollar index, the major fundamentals behind the next major bull push upwards for gold & silver, and more. Thanks for listening, if you enjoy be sure to […]
[Yahoo/Bloomberg] Futures Slip as Stocks Rise in Europe; Oil Falls: Markets Wrap [Yahoo/Bloomberg] Hong Kong Stocks Hit 10-Month Low on Evergrande Contagion Fears [Reuters] Asian shares fall again, dollar drifts [Reuters] German yields touch two-month high, Austria sees record demand for debt sale [Reuters] Oil slips but holds to most gains after draw in U.S. […]
[Yahoo/Bloomberg] US Steady, Europe Stocks Slip with Treasuries: Markets Wrap [Yahoo/Bloomberg] China Stocks Battered by Economic Data, Evergrande Non-Payment [Reuters] Asian stocks stumble as weak China data fan global growth worries [Yahoo/Bloomberg] China’s Economy Weakens on Delta Outbreak and Wary Consumers [Yahoo/Bloomberg] China Tells Banks Evergrande Won’t Pay Interest Next Week [Reuters] China Evergrande’s liquidity […]
NY FED Expects 5.2% Inflation Alipay Breakup accelerates China’s domestic power grab Big Data & Government – Easy to abuse? China’s Digital Currency Will Track All Activity September 14, 2021 “The issue is tracking all activity and approving or denying any desired choice according to the current measures of state-determined trustworthiness. God forbid that that […]
[Yahoo/Bloomberg] Stocks Rise After CPI Eases Inflation Concern: Markets Wrap [Reuters] Oil hits 6-week high as Storm Nicholas hits U.S. Gulf [Yahoo/Bloomberg] U.S. Consumer Price Growth Cools, Smallest Gain in Seven Months [Yahoo/Bloomberg] Evergrande Hires Restructuring Advisers as Crisis Escalates [Reuters] Embattled China Evergrande warns of cross-default, liquidity crunch [UK Guardian] China property giant Evergrande […]
[Yahoo/Bloomberg] Energy Leads Stock Gains; Aluminum at 13-Year High: Markets Wrap [Yahoo/Bloomberg] China Tech Shares Slide on Latest Volley of Internet Curbs [Yahoo/Bloomberg] Oil Climbs as U.S. Supplies Slow to Return After Ida’s Battering [Yahoo/Bloomberg] U.S. Inflation Starting to Look Like a Stimulus-Led Outlier [Reuters] From zippers to glass, shortages of basic goods hobble U.S. […]
