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[Bloomberg] U.S. Stocks, Greenback Decline as Euro Advances: Markets Wrap [Bloomberg] Wholesale Prices in U.S. Rose More Than Forecast in October [Bloomberg] Here’s Where the GOP Tax Plan Stands Right Now [Reuters] Risks ahead for U.S. tax push as disputes linger, Trump returns [Bloomberg] China’s Economy Moderates as Retail, Factories, Investment Slow [Bloomberg] More Pain […]
[Bloomberg] Stocks Drop as Bonds Gain; Sterling Under Pressure: Markets Wrap [Bloomberg] Emerging-Market Bonds See Biggest Yield Jump Since Trump Victory [Reuters] Bitcoin claws back over $1,000 after losing almost a third of value [Bloomberg] China’s Credit Data Show Signs Deleveraging Is Starting to Bite [Bloomberg] The U.S. Yield Curve Is Flattening and Here’s Why […]
[Bloomberg] Saudi Arabia Credit Risk Surges Most in Almost Two Years [Bloomberg] What the Saudi Arrests Mean for the Kingdom’s Oil Policy [Bloomberg] U.K.’s May Pressured as Times Says 40 MPs Signal No Confidence [Bloomberg] Bond Traders Brace for Inflation Data That Could Rattle the Fed [Reuters] Support for Merkel’s conservatives falls to 6-yr low […]
[Reuters] U.S. junk bond sector ends rough week on calmer note [NYT, Morgenson] After 20 Years of Financial Turmoil, a Columnist’s Last Shot [WSJ] Declines in Stocks, Junk Bonds Reveal Cracks in Global Rally [WSJ] Why Investors Should Get Nervous About Tax Cuts [FT] How Germany got its gold back [Reuters] North Korea says Trump […]
It’s been awhile since I’ve used this terminology. But global markets this week recalled the old “Bubble in Search of a Pin.” It’s too early of course to call an end to the great global financial Bubble. But suddenly, right when everything looked so wonderful, there are indication of “Money” on the Move. And the […]
While the trading world was focused on the latest news involving Deutsche Bank, namely that the troubled German bank had been contemplating a merger with Germany’s other mega-bank [4], Commerzbank as part of a strategy to sell all or part of a key business to speed up its flagging overhaul, a more troubling report emerged in a German gold analysis website [5], according to which Deutsche Bank was unable to satisfy a gold delivery request when asked to do so by a client of Germany’s Xetra-Gold service.
[Bloomberg] Stocks Extend Drop, Bonds Fall; Dollar Fluctuates: Markets Wrap [Bloomberg] Oil Set for Best Weekly Run in Year as Saudi Tumult Roils Market [Reuters] Dueling Republican tax plans advance in Congress [Bloomberg] China Removes Foreign Ownership Limits on Banks, Fund Firms [Bloomberg] EU Raises Prospect of No Deal in December as Brexit Talks […]
Saudi Arabia has issued a warning to its citizens to leave Lebanon “as soon as possible,” over fear of military conflict. We’ll cover the movements of gold, silver, platinum, and palladium. Are the markets reacting to the growing geopolitical tensions throughout the world? The DOW transports continue their decline while the industrials continue to rise. […]
