Catharsis Ours: Economic News , Data & Views ( September 28 , 2015 ) ...... Europe In Focus ( VW debacle items of note for Monday , Russia looks to Middle East due to Sanctions by West , Greece economic items of note , Glencore absolutely keenhauled today - stock down 27 percent from Friday , Spanish Regional Election follow ups , EZ news of note ) ....... E.M/ Asia & Commodities Update ( Glencore , China in focus , Commodities in focus , Iran item of interest , commodity bust hitting wallets of oil prodcers hard )

Europe......

Spanish PM Rajoy offers Catalonia “dialogue” within bounds of law after #catalanelections http://cort.as/Xh0W  

‏@MNIEurozone

Spain 10-year govts ending 9 basis points lower after separatist parties rack up just 47.9% of vote. Spread vs Italy tightens to 18 bps.

‏@Schuldensuehner

#ECB List of Eligible Collateral Still Includes #Volkswagen Debt, BBG reports, citing daily updated website. http://tinyurl.com/q6a4fdv 

‏@Frances_Coppola

Volkswagen scandal: German prosecutors launch investigation into former boss http://gu.com/p/4cndy?CMP=Share_iOSApp_Other …

‏@FerroTV

Did we all throw the towel in on #VWStockWatch? Down another 6.8% 

‏@MoscowTimes

#Russia Turns to Arab States, Others, to Offset Sanctions http://tmt-go.ru/535558  #business

‏@NickMalkoutzis

Less than 34,500 refugees & migrants arrived in #Greece by sea last year, according to @IOM_news. This year, the figure has reached 375,000

‏@ManosGiakoumis

Overhaul of energy market among tasks looming for #Greece government. http://www.macropolis.gr/?i=portal.en.economy.2977 … #economy #energy

‏@GreekAnalyst

#Greece's NBG looks at ways to boost capital, no decision yet -source http://reut.rs/1KFbeRu  via @Reuters

‏@GreekAnalyst

#Greece seeks alternative to power grid sale -energy minister http://reut.rs/1LgstMs  via @Reuters

‏@apgmonteiro

$13 billion gone in a month - Glencore in Freefall as Analysts See Tougher Restructuring http://bloom.bg/1KJhrc1 

‏@zerohedge

Glencore Default Risk Surges Above 50% http://www.zerohedge.com/news/2015-09-28/glencore-default-risk-surges-above-50 …

‏@zerohedge

Panic 

‏@zerohedge

Glencore CDS in context with our March 2014 post http://www.zerohedge.com/news/2014-03-13/cheapest-and-most-levered-way-play-chinese-credit-commodity-crunch … 

‏@edwardnh

Seven reasons Volkswagen is worse than Enron - http://ow.ly/3yfAQt 

‏@SMerler

#Catalonia election 2015: Five ways of interpreting the results of the Catalan elections | EL PAÍS http://elpais.com/elpais/2015/09/27/inenglish/1443375978_703553.html??ftcamp=crm/email//nbe/FirstFTEurope/product …

‏@countergreek

E.Macron is still pushing the case for a deeper integration in the eurozone: Fiscal Transfers by a common EZ treasury http://www.wsj.com/articles/from-paris-a-push-for-deeper-eurozone-integration-1443381405 …

‏@markets

Massive day already: Glencore obliterated, Alcoa to split, Shell abandons offshore Alaska http://www.bloomberg.com/news/articles/2015-09-28/glencore-melt-down-shell-abandons-alaska-and-china-profits-fall-what-people-in-markets-are-talking-about … Get caught up here.

‏@euroinsight

Catalan Pro-Independence Vote Augurs Further Uncertainty for Spain via @euroinsight https://euroinsight.mni-news.com/posts/1552 

‏@NilsPratley

Ivan Glasenberg down to his last £1bn in Glencore shares (was £6bn-ish once upon a time).  http://gu.com/p/4cn9a/stw 

‏@FerroTV

FTSE 350 mining index = lowest since December 2008

‏@Schuldensuehner

'Brand Germany' damaged as CDS prices of Germany Inc highlight. 

‏@MNIEurozone

Spain bond yields fall after Catalan separatist parties fall to win 50% of vote. Spanish 10-year govt bond yields -4 bps

Emerging Markets , Commodities & Asia .....

‏@russian_market

There falls Gazprom. It may end by -4% today on "tax" decisions. 

Russian Market @russian_market

Ulyukaev on wires. the traders have been waiting for his "tax" comments. We may see NOW a steep selloff in Russian stocks: Gazprom, Lukoil.

‏@zerohedge

US Futures Resume Tumble, Commodities Slide As Chinese "Hard-Landing" Fears Take Center Stage http://www.zerohedge.com/news/2015-09-28/us-futures-resume-tumble-commodities-slide-chinese-hard-landing-fears-take-center-st …

‏@SMerler

Oil price shock take 2: Saudi Arabia withdraws tens of billions of overseas funds from global asset managers http://app.ft.com/cms/s/0/8f2eb94c-62ac-11e5-a28b-50226830d644.html??ftcamp=crm/email//nbe/FirstFTEurope/product …

‏@FerroTV

For all things #Glencore @business -> @JP_Riseborough @JavierBlas2 @tbiesheuvel @wenkennedy http://bloom.bg/1KJhrc1  

‏@chinanews_en

#CHINA | CHINEXT INDEX JUMPS 5.1% IN SHENZHEN - BBG

‏@macroandfinance

#Japan #JPY | Worries grow that #China's slowdown will hurt Japanese companies - Nikkei - http://s.nikkei.com/1OBFuk8 

‏@macroandfinance

#China may release more policies in the following months to achieve 7% GDP target - Economic Information Daily - http://bit.ly/1jpcsY9 

‏@_IainMartin

Swiss competiton regulator announces probe of metals market trading. Names UBS, Barclays, HSBC & more  https://www.news.admin.ch/message/index.html?lang=de&msg-id=58888 …

‏@chinanews_en

#China’s Aug. Industrial Companies’ Profit Falls 8.8% Y/y (3rd straight decline; largest decline since 2011)

‏@Schuldensuehner

Looks as if BoJ will start another accommodation. BoJ's Kuroda: “Further momentum needed to achieve 2% price target.” 

‏@Schuldensuehner

New week starts w/ kind of risk-off attitude: Nikkei closes down 1.3% at 17645.11 while Yen strengthens vs Dollar. 

‏@EM_Equity

Iran Seeks $150 Billion to Target 8 Percent Annual Growth http://bloom.bg/1VjHpc6 

‏@EM_Equity

Kremlin Said to Urge Basel III Delay as Economic Crisis Deepens http://bloom.bg/1QGAfxf 

‏@zerohedge

China blames plunging industrial profits on exchange rate losses, weak stock markets, falling prices and rising costs. Aka a "hard landing"

‏@Schuldensuehner

Saudi Arabia withdraws up to $70bn from overseas funds to cut deficit as default prob doubled http://on.ft.com/1KHekl1  

Catharsis Ours

Monday, September 28, 2015

No comments:

Post a Comment