Wow ! That didn't take long . Shanghai closed for the rest of the day after hitting second circuit breaker of -7%
One of the mornings in China. Stocks already halted once for first circuit breaker.
China devaluation pace picks up the pace !
Something to consider. Definitely reasons to doubt North Korea's claim on detonating an H Bomb.
Canadian crude — the world’s cheapest oil — falls to record low as slump deepens http://ow.ly/3yLBGG price now under $20 a barrel
FOMC Minutes: Serious concerns about disinflation -
WTI closed at $33.97 today. Pain continues to hammer energy. WTI , Brent , Heating Oil , Gasoline RBOB hit hard.
Brazil's Stocks Fall to Lowest Since '09 as Petrobras, Vale Sink http://bloom.bg/1Uw8mtA
#Libya - PFG (Jathran) say they're only coordinating efforts with CoS in #Tripoli, don't recognize Haftar & no plans to cooperate with him.
REPORT: Tribes’ Army disbands in north amidst accusations of YPG blockade. What went wrong? http://syriadirect.org
King of prediction-- Lu Zhengwei expects CNY may drop to 7.30. He correctly predicted US sub-prime, FED QE, CNY devalues to 6.5 last year.
I spoke to a nuclear physicist about what might have happened with North Korea's test: https://news.vice.com/article/earthquake-nuclear-weapons-test-north-korea …
#Catalan parliament agrees on #independence bid. President Mas will call for elections on Monday.
Cologne mayor Henriette Reker apologizes for her comments, says she never meant to give women tips on how to behave. #
No drop in asylum seekers reaching Germany, Berlin says http://reut.rs/1ONJY2i
Gunmen assassinate commander of Syrian rebel group http://bit.ly/1OMhTyo
#Denmark slams #Sweden as 'irresponsible’, 'bad neighbour' ahead of Brussels meeting http://bit.ly/1OLWy8g #dkpol #svpol @TheLocalSweden
PM, ministers and president hope to convince lenders about pension proposals http://www.ekathimerini.com/204819 #Greece
New row between Italy and EU Commission as only Italian member of Juncker’s cabinet quits http://openeurope.org.uk/daily-shakeup/cameron-confirms-cabinet-will-be-given-free-rein-to-campaign-for-either-side-in-eu-referendum/#section-6 …
EU Spox Catherine Ray: EU deeply concerned about ongoing fighting in #Libya, in constant contact with Fayez al-Seraj
European Commission seeks greater powers to police car emissions http://openeurope.org.uk/daily-shakeup/cameron-confirms-cabinet-will-be-given-free-rein-to-campaign-for-either-side-in-eu-referendum/#section-5 …
#Eurozone | Nov PPI M/M: -0.2% v -0.2%e; Y/Y: -3.2% v -3.2%e
272 refugees have been relocated so far, European Commission says. Out of planned 160,000
UK ministers may campaign to leave EU, says Cameron http://dw.com/p/1HYVi?tw
NEW ON OUR BLOG - Re-run elections loom in
#Spain as little progress is made in forming the new government http://openeurope.org.uk/blog/re-run-elections-loom-in-spain-as-little-progress-is-made-in-forming-new-government/#.Voz5Btw-xmc.twitter … #20D
EU to hold emergency Schengen talks as over a million asylum seekers reached Germany last year http://openeurope.org.uk/daily-shakeup/cameron-confirms-cabinet-will-be-given-free-rein-to-campaign-for-either-side-in-eu-referendum/#section-1 …
#Germany | SELLS €4.04B V €5.0B INDIC IN 0% 2017 SCHATZ; AVG YIELD -0.38%
*BRENT DROPS BELOW $35 A BARREL FOR FIRST TIME IN 11 YEARS #breaking #OPEC #oil #SaudiArabia #Iran #Nigeria #shale
Crude 35.17 $Ruble 74.08
#Germany | RTRS - OFFICE OF CHANCELLOR ANGELA MERKEL IS SEALED OFF DUE TO SUSPICIOUS PACKAGE - POLICE SPOKESMAN
#Russia Ruble continues to weaken as Brent hits fresh 11y low.
Brent Crude #oil drops to fresh 11y low as ballooning oversupply outweighs Middle East tensions.
Germany's Dax starts lower to the day despite #China rebound on fresh geopol tensions.
Asia / Emerging Nations.....
#Syria #refugees massed at #Jordan border http://news.ftcpublications.com/syria-refugees-massed-at-jordan-border/ …
Was North Korean blast large enough to be a hydrogen bomb?http://www.bbc.co.uk/news/world-asia-35241686 …
BRICS & mortar: #BRL 4.0350 (+0.6%), #RUB 74.08 (+1.7%) #INR 66.77 (+0.4%), #CNH 6.7180 (+1.2%) #ZAR 15.80 +1.1%, #TRY 3.0120 (+1%)
#CNH at 2.5% discount to #CNY. Blaming #China for #currency manipulation won't work this time (market forces):
North Korea 'hydrogen' bomb test prompts global outrage http://dw.com/p/1HZ1r?tw
#China #Yuan | STANDARD CHARTERED AMONG LENDERS CHINA SUSPENDED FROM FOREX BUSINESS LAST WEEK -SOURCES
*N. KOREA BOMB TEST HAS `LIMITED IMPACT' ON S. KOREA RATING: S&P ...Thanks S&P was seriously concerned about that
#Crude #Iran | IRAN OPEC OFFCL: COUNTRIES THAT RAISED OIL PROD WHEN SANCTIONS ON IRAN WERE IMPOSED SHOULD CUT OUTPUT TO STABILISE MKT -SHANA
Ioan Smith @moved_average
#China | DEC CAIXIN PMI SERVICES: 50.2 V 51.2 PRIOR; 17M low ..COMPOSITE: 49.4 v 50.5
Nikkei closes down 1% and Yen strengthens on fresh geopol tensions as North Korea says it conducted hydrogen bomb.
#China Stocks stabilize despite sharp drop in Yuan on fresh Intervention measures.
Race to the bottom: #China ramps up currency devaluation. Yuan Drops to lowest since 2011.
Holger Zschaepitz @Schuldensuehner 5hr
Good morning from Berlin. More geopol tensions spur global de-risking. North Korea says it tested hydrogen bomb.
#China to extend shareholder ban for now in order to stabilize mkts, BBG reports. The ban was set to expire on Jan8.