Oil in focus....
Late day tweets.....
Early morning tweets....
Bond markets....
Late day tweets.....
#oil analysts at @BofAML "see a growing risk of WTI hitting $35 a barrel in the near-term" and #Brent at $40 #OPEC
This is about to get worse - US Steel cites low oil prices for idling Ohio, Texas plants and laying off 756 workers http://on.wsj.com/14hFFwk
#Oil analysts at @BofAML see 55m barrels in floating storage by end Q2 as contango makes stockpiling workable #OPEC
This Oil Thing Is The Real Deal http://www.zerohedge.com/news/2015-01-06/oil-thing-real-deal …
API Crude Inventories -4000K, Last +760K, but Distillate inventories +9100K, Last 313K
Showdown looms as North Dakota legislators mull oil levy sharing http://www.reuters.com/article/2015/01/06/us-north-dakota-budget-idUSKBN0KF10Z20150106 …
Canada Heavy Oil Drops Below $35 As Rig Count Hits Record Low For January
Early morning tweets....
zerohedge
The Crunch Continues: WTI Tumbles Under $49, 10Y Dips Under 2% http://www.zerohedge.com/news/2015-01-06/crunch-continues-wti-tumbles-under-49-10y-dips-under-2 …
Chart: Getting numerous questions on whether these levels on crude oil will hold. Some are jumping in here. Thoughts?
Chart: Brent crude futures down 5%, below $53.5/bbl -
Chart: WTI crude futures dip below $51/bbl; down almost 4% this morning -
Smallest OPEC member #Ecuador cut its 2015 fiscal budget by 4% on Mon due to falling oil. Budget assumes avg oil price of $79.70/bbl this yr
One month ago: "Oil May Drop To $25" http://www.zerohedge.com/news/2014-12-17/russell-napier-oil-may-drop-25-chinese-demand-plunge-supply-glut-ageing-boomers …
BullionStar retweeted
"We couldn't find shampoo, so we washed our hair with soap. Now there's not even soap." #AnaquelesVaciosEnVenezuela
Bloomberg BusinessBond markets....
Ukraine Bonds at 60 Cents Seen Signaling Risk of Default http://www.bloomberg.com/news/2015-01-05/ukraine-bonds-at-60-cents-seen-signaling-risk-of-default.html …
Record low yields (not exhaustive list): Japan, Germany, Austria, Belgium, Netherlands, Finland, France
Japan's 20-year yield falls below 1%:
#Russia 5yr default probability rises >32%, highest since 2009 as Ruble weakens beyond 61 per Dollar.
The global #Japanification continues. German 10yr yields falls to fresh life-time low, 10yr US ylds drops briefly <2%
10-y US Treasury yield dips below 2%. Aside from October "flash crash", lowest since 2013. http://on.ft.com/1IjBT2s
JAPAN’S 10-YEAR YIELD FALLS TO RECORD 0.295%.
The average 10-year bond yields of the G3 countries below 1%, probably for first time ever says Citi.
Scotiabank's Haselmann: "The 30 Year Will Trade With A One Handle In 2015" http://www.zerohedge.com/news/2015-01-05/scotiabanks-haselmann-30-year-will-trade-one-handle-2015 …
Euro crisis is creating a lack of safe assets in the euro zone, driving down yields on Bunds. No relief on this front in sight
Stocks......
At least one bubble is still working: SHANGHAI COMPOSITE RISES 0.8% TO HIGHEST LEVEL SINCE AUG. 2009
CHINA SAID TO ACCELERATE $1T IN 2015 PROJECTS TO BOOST GROWTH. No rate cuts
As Japan Opens, Nikkei 225 Down Over 500 Points From Overnight Highs http://www.zerohedge.com/news/2015-01-05/japan-opens-nikkei-225-down-over-500-points-overnight-highs …
Stocks Suffer Worst Santa Claus "Rally" Since 1999 As Crude Plunges Below $50 http://www.zerohedge.com/news/2015-01-05/stocks-suffer-worst-santa-claus-rally-1999-crude-plunges-below-50 …
Citi: The Dax goes splat as a sense of reality is dawning. #Eurozone is in deep trouble; #deflation is looming.
JPM: #Greece exposures for European banks limited, mostly concentrated w/ French & German banks. Main risk contagion
fred walton
The Collapsing Ruble Is Creating Food Shortages http://www.businessinsider.com/the-ruble-is-falling-against-the-dollar-as-oil-prices-continue-to-slide-2015-1 … via @clusterstockRuble Oil fall joined by falling
once again !
BI: Finance
Prominent bitcoin exchange Bitstamp says it lost roughly 19,000 BTC after a number of its wallets were compromised http://coinde.sk/1xLOVDl
Christopher Mims
The strong dollar is great for America + people we buy stuff from. Pretty terrible for everyone else. http://qz.com/321230/the-almighty-us-dollar-who-it-helps-who-it-crushes/ …
Specs increase their bet vs #Euro. Net short positions extended by 3.7% to $23.1bn or 152,219 contracts as of Dec30.
"@FGoria: * Euro falls sharply in Asia, quoted as low as $1.18605 and currently around $1.1911 - RTRS"
Live Squawk 
CommSec
Euro hits 9yr low against USD after reports that German officials believe Euro wouldn't suffer too much if Greece exited Euro #fx ^JR
Ashraf Laidi 
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