Archive - Apr 17, 2015 - Story

• Fed Shies Away From June Rate Hike (Hilsenrath)
• Europe Stocks Fall Most in Three Weeks Amid Greece as Banks Drop (BBG)
• China Futures Tumble on Trust Curbs, Expansion of Short Selling (BBG)
• Oil slips below $64 as ample supplies weigh (Reuters)
• Fed officials lean all ways on rate hikes, data in focus (Reuters)
• Eurozone deflation eases in March (FT)

As noted earlier, while tens of thousands of Bloomberg terminal users were twiddling their thumbs during an outage that lasted several hours, China crashed.  There was some confusion about the cause of the rapid move, but it appears the catalyst was an announcement by the China Securities Regulatory Commission in which it allowed fund managers to lend shares for short-selling, and will also expand the number of stocks investors can short sell, in a bid to raise the supply of securities in the market.