( South Carolina and to a lesser extent Georgia becoming next area of focus.... )
Very good live blog to keep an eye on...
North Charleston PD reporting rising water on some streets and a tree down on Buist Ave. #HurricaneMatthew
SCE&G says Beaufort County up to 10,883 power outages. Charleston County has about 4,339. #HurricaneMatthew
Streets of Charleston already filling up with water. #HurricaneMatthew
.@GeorgiaPower mobilizes nearly 5,000 personnel from the company & assisting utilities. http://fox28media.com/news/local/georgia-power-mobilizes-5000-personnel-to-respond-to-hurricane-matthew …
What we're seeing at 7:30pm in Savannah, Georgia. Winds are really gusting now -- worst not for several hours. #HurricaneMatthew
State of Emergency, Evacuations Issued in Georgia Ahead of Hurricane Matthew http://fb.me/1sMrJ8nAa
Hurricane Matthew news update for Savannah Ga, Brunswick Ga. and Charleston SC
Photos show devastating damage as Hurricane Matthew heads toward South Carolina http://on.mktw.net/2dzaE1u
So far FOUR deaths reported in Florida due to #HurricaneMatthew.
McCrory says Matthew now poses deadly threat; Hurricane warnings issued in NC http://dlvr.it/MQ36D7
Here's the latest track of #HurricaneMatthew as of 8 a.m.
This is good news. Staying further off the coast than predicted. Still will get hammered, but not with the Thor...
More than 340,000 customers are without power as a result of #HurricaneMatthew
The eye of #HurricaneMatthew is still 20-30 miles off shore. Landfall is when the center of the eye hits the coast.
Florida / Southern East Coast crawl ( Friday-Sunday ) and Loopback , on display in simulation feature...
5am update.....Matthew is going to travel along the coast for the next several days , it appears. Looping seems very possible presently.
LIVE We're monitoring #HurricaneMatthew over Florida https://firstname.lastname@example.org,-68.72078,z6 …
Disney World theme parks in Florida closed early on Thursday and will stay closed Friday due to Hurricane Matthew. http://abcn.ws/2dQZeGi
Hurricane Matthew's coastal path makes it so frightening, experts say http://reut.rs/2dzfb0i
Around The Horn - Europe....
This is a big reversal of prior position. IMF now calls for actual debt haircut!
Lew calls for debt relief, Thomsen questions fiscal targets http://dlvr.it/MQ1Lw2
Greek firms far more solvent that the state http://dlvr.it/MQ1M7L
Judges in turmoil over talks with Tsipras on pay http://dlvr.it/MQ0xPt
Air-traffic controllers to hold 4 days of strikes http://dlvr.it/MQ0SPz
Lesvos islanders settle for Nobel nomination http://dlvr.it/MPxR1W
Englehart announces cut of staff by 20% on 10/5 , now we see Trafigura selling iol tankers to a Chinese Bank today...
#ECB'S DRAGHI SAYS IF WARRANTED, WE WILL ACT BY USING ALL THE INSTRUMENTS AVAILABLE WITHIN OUR MANDATE - RTRS
ECB'S DRAGHI SAYS WE WILL PRESERVE THE VERY SUBSTANTIAL AMOUNT OF MONETARY SUPPORT
PSOE might support Rajoy after all, but at a significant cost - its Catalan sister party might split http://eurointelligence.com/public
Frontrunning: October 7 http://www.zerohedge.com/news/2016-10-07/frontrunning-october-7 …
From February: "The Liquidity Just Dries Up In A Stressed Market" - How HFT Killed FX Trading http://www.zerohedge.com/news/2016-02-29/liquidity-just-dries-stressed-market-how-hft-killed-fx-trading …
*EU MANDATORY REFUGEE QUOTAS ARE ‘DEAD,’ SLOVAK PREMIER SAYS
Exclusive: Qatar won't sell Deutsche Bank shares, might buy more - sources
BREAKING: A new wave of selling being seen in #GBP $1.223. Large sell orders hitting market.
GBP selling being attributed to US desks waking up to margin calls...
Flash crash occurs before Non Farm Payroll ( Employment Situation ) Report at 8:30 am - EDT...
#DBK | DEUTSCHE BANK FACES `ENORMOUS CHALLENGE': GERMANY'S GABRIEL - BBG
The rebirth of the Deutschland AG, different style: German Blue-Chips Open to Rescue Plan for Deutsche Bank. https://global.handelsblatt.com/edition/530/ressort/finance/article/private-sector-to-the-rescue#.V_d6-BcKAxk.twitter …
Now we're seeing currencies flash crash....
Deutsche Bank's key German rival has launched a new ad campaign poking fun of it http://bloom.bg/2dzwuyq
#GBP *BOE SAYS IT'S `LOOKING INTO' CAUSE OF POUND FLASH CRASH …maybe start looking for a teenager living with his parents in Hounslow?
#GBP | Eurozone exports to UK vs. EURGBP (inverted)
As goes Pound, so go #Eurozone exports: EZ exports to UK can be expected to fall by 15-20% within 6-9mths as result of Pound plunge, GK says
UK Trade Balance Non-EU (GBP) Aug: -3.76B (est -3.70B; prev R -2.22B) -Trade Balance (GBP) Aug: -4.73B (est -4.00B; prev R -2.20B)
UK Industrial Production (YoY) Aug: 0.70% (est 1.30%; prev 2.10%) -Mfg Production (YoY) Aug: 0.50% (est 0.80%; rev prev 0.70%)
#Spain | Aug Industrial Output NSA Y/Y: +6.9% v -5.2% prior; SA Y/Y: 4.0% v 1.6%e
#France | France Aug YTD Budget Balance: -€96.0B v -€80.8B
#France | AUG INDUSTRIAL PRODUCTION M/M: +2.1% V +0.6%E; Y/Y: +0.5% V -1.3%E
#Germany | AUG INDUSTRIAL PRODUCTION M/M: 2.5% V 1.0%E; Y/Y: 1.9%V 0.4%E
*EU IMPOSES DUTIES UP TO 73.7% ON HEAVY-PLATE STEEL FROM CHINA
Trade links make #Germany vulnerable: Trade w/ UK makes up 20% of Germany’s trade surplus. (via Barc)
*IBM CUT 600 JOBS IN GERMANY THROUGH FORCED LAYOFFS: WIWO
Deutsche Bank is holding informal talks on cap-raising options. Would dilute shareholders as book priced w/ only 26% http://bloom.bg/2dPS1WL
Pound flash crash spooked traders after 6.1% slump in Asia trading. http://bloom.bg/2dyE3FE
Good morning from Berlin. Asia mkts slide as sudden Pound flash crash spooked investors ahead of US payrolls data. Gold hit a 3-1/2mth low.
Asia Data & Highlights....
#China | SEPT FOREIGN RESERVES: $3.166T V $3.183TE biggest monthly drop in 4 months
#Japan | PM Abe advisor Honda: Japan needs to double monetary and fiscal stimulus; BOJ should expand stimulus in Nov …”double”!
China Sep FX Reserves drops to 3.166 trln USD, lowest since 2011-5.
China home purchase restrictions imposed in 19 cities during Golden Week holiday.
BoJ offers to buy: - JPY 410bln in 5-10yr - JPY 190bln in 10-25yr (prev. 200bln) - JPY 110bln in 25+ (prev. 120bln) - Also JPY 3trln bills
BoJ offers to buy total JPY 710bln of JGB's from market, reduce sizes slightly
Australia hires ANZ, Citi, CBA, DB, UBS & WBC for 2047 bond, sale during week of Oct. 10. Plans linker sale Oct.18, note sale Oct. 20
Japan Labour Cash Earnings (YoY) Aug: -0.1% (est. 0.40%, prev. 1.20%) -Real Cash Earnings (YoY) Aug: 0.5% (prev. 1.80%)
Japan Official Reserves Assets (USD) Sep: 1.26T (prev. 1.256T)