Welcome to day 2 of 2 in the pre-Fed, pre-Dutch election market cryosleep. Overnight we
Category: China
China Trade Data “Surprises” Bigly, Shows First Deficit In 3 Years
Wednesday begins in China, where we got highly anticipated trade data that probably shouldn’t have
No Trouble In Little China And Nothing Doing In Oz
It was a relatively quiet overnight session on the news front, although you wouldn’t know
Monday Humor: Compare & Contrast
Courtesy of a guy who no one except Donald Trump takes seriously…
7 Signs Of The (Market) Apocalypse
“While we’re not (yet!) expecting the equivalent of the fall of the Roman Republic, we are nevertheless very suspicious of the presumption that recent technical strength can continue.”
Political Ping Pong, A “Pounding,” And A Market Awaiting Trump
Well, we start in FX land on Monday morning and as has become the norm
What Trade War? Market Is Mispricing The Swans (Again)
If I’ve said it once (and I’m pretty sure I have), I’ve said it a
Does Anyone Still Give A Sh*t About China Risk?
We’ve come a long way (I guess) since the days when China risk was in the driver’s seat in terms of financial conditions and it’s a good thing, because the Fed has enough on its plate without having to worry about whether a wayward PBoC will short circuit the FOMC’s plans to normalize policy.
Yellen Yellin’ On Capitol Hill, Dollar Slumps, Toshiba Turmoils, China PPI, German GDP: Enough Said
Ok, so there was actually quite a bit going on overnight, but needless to say,
Markets Relieved After Trump/Abe Meeting, Reflation Narrative Intact
Well, it was all aboard the reflation train right out of the gate in early
Bad Chinese
By now, you’re probably aware that China is in a tough spot. As I’m fond
US Stocks Eye Record-er-er Highs As Oil Soars, China Exports Jump, Trump Meets Abe
Friday is all about Trump again. More specifically, FX markets will be closely eyeing a meeting between the President and Japanese PM Shinzo Abe. Meanwhile, oil is buoyant Friday on the back of an IEA report showing OPEC has achieved a record 90% compliance while demand is on the rise.
Daily Kickstart (China Grateful For Meandering Dollar, “Frexit” Fears Subside)
The overnight session was largely a snoozer on Thursday (no pun intended). The dollar looks
Daily Kickstart (Chinese FX Reserves Fall Below $3 Trillion, Euro On The Back Foot, Senate Weighs Risk Of School Grizzly Attacks)
The “big” news overnight should have been Chinese FX reserves just like China should be back
Daily Kickstart (US Payrolls Awaited, China Tightens, BoJ Flouts Trump)
“Non-Farm Friday is no time to plead exhaustion,” Bloomberg’s Richard Breslow wrote earlier this morning
Daily Kickstart (Fed, Dollar In Focus As Global PMIs, iPhones Boost Sentiment)
Quite a lot of people seem to be hanging their hats on Wednesday’s Fed statement
China: All The Charts That Matter
Here’s what’s important.
Chart Check (A Snapshot Of Chinese/ Saudi Reserve Liquidation)
Much has been made of the great FX reserve liquidation that’s characterized the post-yuan devaluation
Chart Check (Great Wall Of Defaults)
The charade can only last so long…
China Clowns America; Says Trump Will “Set Fire” To His Own House, Rest Of World
“Undoubtedly, the Trump administration will be igniting many ‘fires’ on its front door and around the world. Let’s wait and see when it will be China’s turn.”
Big Trouble In Little China
Given that today is Donald Trump’s coronation, it’s somewhat ironic that we begin in China, where the Politburo was kind enough to tell us what they want us to think GDP is.
Daily Kickstart (The Day The Earth Stood Still)
The Ringling Bros. may have pulled up the stakes for good, but the circus is in town today in Washington, complete with all of the usual attractions including an orange elephant, who at 12 noon will “trump”et to an awestruck crowd.
Here’s Chinese President Xi Jinping’s Message To The World
“There is no point in blaming economic globalization for the world’s problems because that is simply not the case.”
Western Democracy’s Last Stand: Merkel Versus Trump
The irony in all of this is that should Merkel lose the battle, the savior of Western democratic ideals may well end up being a communist…
China’s Nasdaq Crashes
The normalization of initial public offerings (IPOs) in China could help raise the financing efficiency
China: We’ll “Fight Against Protectionism,” Lead “Global Governance” Push
Beijing is making a concerted effort to present China as the new champion of global governance. To the extent Trump believes he’s undercutting the Chinese, he’s actually creating a kind of power vacuum that Xi Jinping is more than happy to fill.
You must be logged in to post a comment.