Morning Note: 1. Deutsche Bank shakeup. 2. Saudi Arabia delaying contractor payments. 3. China GDP 6.9% Vs est 6.8%
Good morning from Morlet, France. Asia risk markets pare their drop as #China GDP calms hard-landing fears.
Asia and Emerging Markets.....
*BRAZIL 2015 GDP EST. CUT TO -3.1% FROM -2.7% AT BTG PACTUAL
Pretty good snapshot of China's slowdown since 2012 (or "economic rebalancing" whatever floats your boat (via UOB).
China Posts Weakest Quarterly Growth Since 2009; Set For Worst Yearly Growth In 25 Years http://emergingequity.org/2015/10/19/china-posts-weakest-quarterly-growth-since-2009-set-for-worst-yearly-growth-in-25-years/ …
Absolute yawner of a session despite it being China GDP day: Japan -0.9% HK -0.2% China 0% H-Shares +0.1% Australia 0% Korea 0% SE Asia 0%
Breaking down the Chinese Economy: Services 51.4% Industry 40.6% Agriculture 8%
Former BOJ Board Member Nakahara Says Stimulus Not Needed Now http://bloom.bg/1OCRmCJ
China's factory output growth fell to 5.7% - its lowest since the fourth quarter of 2008.
#BREAKING Recap of data just released from China. Growth slows to below 7% for the first time the GFC
Lawyers to File Rousseff Impeachment Request by Tuesday, Folha Says http://bloom.bg/1QI6f4m
GERMAN FINANCE MINISTRY SPOKESMAN SAYS GERMANY OPPOSED TO ANY CHANGES TO EUROPEAN STABILITY PACT DUE TO FINANCIAL BURDEN OF REFUGEE CRISIS
Calais refugee camp on the 'brink of collapse' http://www.thelocal.fr/20151019/calais-refugee-camp-new-jungle-collapse-migrants …
Balkans struggles with growing backlog of refugees and illegal migrants http://reut.rs/1GOcMF7 via @Reuters
Minister says gov't not bound by findings of experts' pensions report http://dlvr.it/CTtXz2
Open Europe poses ten questions for the
#EU referendum ‘Remain’ and ‘Leave’ campaigns http://openeurope.org.uk/daily-shakeup/daily-telegraph-six-cabinet-ministers-seeking-to-back-brexit/#flexi-box … #Brexit #EUreform
Turkish man falls victim to an Islamophobic attack on London bus http://sabahdai.ly/bmsdrg
We found 5 Cabinet mins "leaning out". 6 seems bit high but not impossible http://openeurope.org.uk/blog/majority-of-tory-mps-remain-open-minded-about-eu-membership-and-are-waiting-to-assess-camerons-reform-package/ …
Spanish public debt rose 3.9% Y/Y in August to €1.05 trillion
Russia Q3 GDP -4.3% Y/Y
Eurozone construction output falls 6.0% Y/Y in August
UNHCR SAYS MORE THAN 10,000 MIGRANTS ARE IN SERBIA, SPOKESWOMAN WARNS OF 'LACK OF FOOD, BLANKETS, EVERYTHING'
CYPRUS FOREIGN MINISTER SAYS CANNOT CONSENT TO EU OPENING FROZEN ACCESSION CHAPTERS WITH TURKEY
Russia’s Kuzbassrazrezugol will cut is coal exports to Europe by around 4.5 million tones in 2016 due to low demand and prices
Battle for Aleppo threatens to create fresh refugee exodus, says Turkish PM http://www.theguardian.com/world/2015/oct/18/battle-aleppo-refugee-exodus-says-turkish-pm-merkel-germany-membership-eu …
TELEGRAPH SOURCE A member of Mr Cameron’s senior team said: "There is absolutely no way that I will be voting to stay in the EU.
German Police Union Calls for Fence Along Austria Border. http://www.welt.de/politik/deutschland/article147725643/Polizeigewerkschaft-fordert-deutschen-Grenzzaun.html … via
A German politician was stabbed in the neck for her pro-refugee stance. http://uk.businessinsider.com/a-german-politician-was-stabbed-in-the-neck-for-her-pro-refugee-stance-2015-10 …