Why Grexit Would Not Help Greece: Yves here. While readers may take issue with an economist who comes original... http://bit.ly/1BLeg11
Despite Current Glut, Oil Producers Continue Game of Chicken: When the world gives you too much oil, drill for more. http://bit.ly/140cMEz
"The ECB Has Lost Control" - Spiegel Asks If "Helicopter Money" Comes Next? http://www.zerohedge.com/news/2015-01-07/ecb-has-lost-control-spiegel-asks-if-helicopter-money-comes-next …
*HOUSE FAILS TO PASS BILL CHANGING DODD-FRANK, DELAYING VOLCKER.
Fed Finally Admits Frontrunning Of Central Banks Is What Moves Markets http://www.zerohedge.com/news/2015-01-07/fed-finally-admits-frontrunning-central-banks-what-moves-markets …
Sell-off in #Greece accelerates: Greek 10yr yields jump above 10% for first time since 2013.
Bild Warns German Govt Fears Greek Bank Runs, Financial System Collapse; Prepares For Grexit http://www.zerohedge.com/news/2015-01-06/bild-warns-german-govt-fears-greek-bank-runs-financial-system-collapse-prepares-grex …
Chart: Swiss 10yr yield at 18bp. At this rate the whole Swiss nominal yield curve could below zero soon -
Brent dips lower than $50, lowest since 2009 http://tass.ru/en/economy/770445 …
Oh great... Greek 10-year bond yield climbs over 10% on Syriza fears http://on.ft.com/1ByhJ4A
@FiratUenlue Citi is reporting that ‘official looking’ Tweets announcing that Saudi king had died were hoax by Italian journo. What a wag.
Oil turned positive as Twittersphere is awash w/ rumors that Saudi’s King Abdullah has died. Brent 51.52. (via Citi)
#Germany is getting paid to borrow money: Sold 2016 Schatz at -0.11%, new record low 2year funding cost at auction.
#Japanification of #Eurozone continues: #Eurozone Dec CPI Estimate -0.2% Vs Nov +0.3% lowest since Sep2009, undershooting estimates of -0.1%
This is the making of a lost generation. #Italy's Nov youth unemployment rate rises to 43.9%; New Record
New day, old song: 10yr German bond yield falls to fresh record low of 0.437%.
Debt restructuring is increasingly likely in #Ukraine: 5yr default probability rises to record of 81%.
#Swiss FX reserves soar CHF 32.4bn in December on currency intervention - who needs ECB QE? (via @MOstwald1)
Brent Crude oil falls below $50/bbl for 1st time since May2009
#Euro will not become reserve currency as drop marked turning point for central bank reserves. http://bloom.bg/1xQuNzT
#Russia Ruble continues to drop in sync w/ #oil. Now 63.70 per Dollar as Brent has hit fresh 5.5yr low at $50.22/bbl.
Dollar index jumps to highest since 2006, but everyone loving #Dollar raises correction alarm. http://bloom.bg/1HGId5U
Chart: 3-yr Greek bond yield -