Nomura

Is Amazon To Blame The Fed Can't Hit Its Inflation Target

While globalisation was the meme of the 2000s, this decade’s has to be the “Amazonisation” of commerce. Given the bulk of the cost of goods is distribution costs, Amazon’s unique distribution model and widening range of products could impart a new disinflationary impulse on goods prices.

Nomura: "Probability Of North Korean War Breaking Out Is 35%"

Three early warning signals may suggest imminent U.S. military action: i) U.S. orders for evacuation of U.S. citizens in S.Korea; ii) U.S. military builds up large scale force near the Korean peninsula; iii) U.S. elevates defense readiness condition to level 3 from level 4

Global Stocks Rise Amid Unexpected ECB "Trial Balloon"; Dollar Flat Ahead Of Fed Minutes

European markets continued their risk-on trend in early trading, rising to the highest in over a week and rallying from the open led by mining stocks as industrial metals spike higher after zinc forwards hit highest level since 2007. The EUR sold off sharply, boosting local bond and risk prices after the previously discussed Reuters "trial balloon" report that Draghi's speech at Jackson Hole would not announce the start of the ECB's taper.

Global Market Rout Spreads: VIX Marches Higher As China Stocks, Currency Plunge

The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday following a third day of escalating verbal exchanges between Trump and Kim, with European and Asian shares tumbling as volatility across the globe spiked, with the selloff in US futures continuing albeit at a more modest pace.

Risk Off: Global Stocks Slide As "Fire And Fury" Results In "Selling And Fear"

US futures are set for a sharply lower open (at least in recent market terms) following a steep decline in European stocks and a selloff in Asian shares, following yesterday's sharp escalation in the war of words between the U.S. and North Korea. In a broad risk-off move U.S. Treasuries rose, the VIX surged above 12 overnight, while German bund futures climbed to the highest level in six weeks.

Nomura Demands $134,000 For Premium Research

As Wall Street scrambles to find a market clearing price for the true value of its now unbundled research, a first attempt comes from Nomura, which has proposed that clients pay as much as 120,000 euros ($134,000) a year to access their favorite analysts

Argentina Unexpectedly Announces Sale Of 100-Year Bonds

One year after Argentina emerged from its latest sovereign bankruptcy, and at a time when the Latin American nation grapples with a surging budget deficit, Argentina surprised markets by announcing its intention to sell its first 100-year bond, taking advantage of a world starved for yield.