Credit Suisse

Tyler Durden's picture

Frontrunning: March 13





  • Again as first reported here: Record U.S. Oil Glut May Fill Storage, Cut Prices (BBG)
  • IEA sees renewed pressure on oil prices as glut worsens (Reuters)
  • No EU unanimity on renewing Russia economic sanctions (Reuters)
  • Tsipras says Greece doing its part in euro zone deal (Reuters)
  • ECB Set to Buy Fewer Bonds as Price Gains Ease Crunch (BBG)
  • These Americans Are Getting Rich Trading Derivatives Banned in the U.S. (BBG)
  • U.S. 2015 profits forecast to grow 1.7 percent; oil, dollar are concerns (Reuters) - in a month this will say "decline"
  • Manhunt for shooting suspects grinds on in Ferguson, Missouri (Reuters)
 
Tyler Durden's picture

Venezuela Begins Liquidating Its Gold





In an attempt to secure some stability, i.e., funds, now that Venezuela is no longer able to tap Chinese bailout loans as last-recourse funding, Reuters reported that Venezuela's central bank is in talks with Wall Street banks to create a gold swap that would allow it to monetize some $1.5 billion of the metal held as international reserves, according to government sources familiar with the operation.  Under the swap, the central bank would provide 1.4 million troy ounces in exchange for cash.

 
Tyler Durden's picture

Frontrunning: March 11





  • Fed Likely to Remove ‘Patient’ Barrier for Rate Increase as Soon as June (Hilsenrath) - which year?
  • Clinton says used personal email account for convenience (Reuters)
  • Euro sinks to 12-year lows as yield gap grows (Reuters)
  • Get Ready for Oil Deals: Shale Is Going on Sale (BBG)
  • EIA raises 2015 US oil production forecast, cuts 2016 outlook (Reuters)
  • How Falling Oil Prices Are Hindering Iraq’s Ability to Fight Islamic State (WSJ)
  • China economic data weaker than expected, fuels policy easing bets (Reuters)
  • ECB ‘Chasing Own Tail’ as Bond Rates Turn Negative, SocGen Says (BBG)
  • Swiss makers quietly gear up with smartwatches of their own (Reuters)
 
Tyler Durden's picture

Frontrunning: March 10





  • Dollar at 12-year peak versus euro, emerging markets spooked (Reuters)
  • CIA sought to hack Apple iPhones from earliest days (Reuters)
  • Draghi Urged Greece to Allow Troika Back Before It’s Late (BBG)
  • Brent crude dips below $58 on strong dollar and supply (Reuters)
  • Credit Suisse replaces CEO Dougan with Prudential's Thiam (Reuters)
  • More "distressed" energy M&A: Verisk buys Wood Mackenzie for £1.85bn (FT)
  • Prepare for a surge in defaults: Investors Are Buying Stocks and Bonds From Energy Producers Amid Oil Price Drop (WSJ)
  • Private equity executive ordered to pay £72m to ex-wife (FT)
  • Democratic donors unfazed by Hillary Clinton's use of private email (Reuters)
  • Expensive Hepatitis C Medications Drive Prescription-Drug Spending (WSJ)
  • 'ISIS Hackers' Almost Certainly Not ISIS Hackers (NBC)
 
Tyler Durden's picture

What Wall Street, And Twitter, Expect From Today's Payrolls Number





The one thing to note about today's "decisive" jobs number, is that most are scrambling to warn that they really have no idea what it will be due to yet another unprecedented instance of cold weather and snow in the winter (see "Goldman Warns Snow May Leads To Lower Jobs Number, But Snowstorms Will Result In Higher Wages"). The reality is that, based on recent ADP trends and the shale patch reality and recent ISM/PMI surveys, today's NFP should print well below 200,000 (unless some 100,000 bartenders were hired in the deep of winter), not where Wall Street consensus expects it, at 235,000 (on a range of 150K to 370K.

 
Tyler Durden's picture

Frontrunning: March 6





  • 5 Things to Watch in February’s Jobs Report (WSJ)
  • Draghi Declares Victory for Bond-Buying Before It Starts (BBG)
  • Apple Pay Sign-Ups Get Tougher as Banks Respond to Fraud (WSJ)
  • As World’s Hottest Economy Unravels, Nigerians Feel the Squeeze (BBG)
  • EU discontent over French budget deal's 'political bazaar' (Reuters)
  • Foreign Takeovers See U.S. Losing Tax Revenue (WSJ)
  • Goldman Shareholders’ Hope for Bigger Payout Dashed by Fed (BBG)
  • Europe Stocks Headed for 31% Surge This Year Amid QE, Citi Says (BBG)
  • Dollar revs up for jobs data, euro bonds rally on ECB (Reuters)
 
Tyler Durden's picture

Frontrunning: March 5





  • China Lowers Growth Target to About 7% (WSJ)
  • Obesity Is Hurting the U.S. Economy in Surprising Ways (BBG)
  • Embattled Hillary Clinton urges State Department to release emails (Reuters)
  • Washington Strips New York Fed’s Power (WSJ)
  • U.S. Supreme Court split over Obamacare challenge (Reuters)
  • Citigroup Loses $800 Million as It Exits Turkey’s Akbank (BBG)
  • Justice Who Once Tried to Kill Obamacare Now Potential Savior (BBG)
  • Buyers of Espírito Santo Debt Face Financial Uncertainty (WSJ)
 
Tyler Durden's picture

Frontrunning: March 2





  • Hilsenrath: Fed Ushering in New Era of Uncertainty on Rates (WSJ)
  • Is Supreme Court's chief justice ready to take down ObamaCare? (The Hill)
  • Netanyahu arrives in U.S., signs of easing of tensions over Iran speech (Reuters)
  • Nemtsov Murder Fuels Suspicion, Fails to Spur Russia Selloff (BBG)
  • ECB uncomfortable with leading role in Greek funding drama (Reuters)
  • Video shows Los Angeles police shooting homeless man dead (Reuters)
  • Iraq Military Begins Campaign to Reclaim Tikrit (WSJ)
  • How Billionaires in London Use Secret Luxury Homes to Hide Assets (BBG)
 
Tyler Durden's picture

Frontrunning: February 27





  • Central Banks With Negative Rates Spur Question of How Low to Go (BBG)
  • DHS to keep running: Congress edges toward domestic security funding patch (Reuters)
  • Setbacks for Tsipras Stir Discord in Greek Ruling Party (BBG)
  • Greece’s Challenge: Appeasing Its Creditors and Its Population (WSJ)
  • Buffett, a cheerleader for America, takes his checkbook abroad (Reuters)
  • Oil’s Big Swings Are the New Normal: Market has rarely been more volatile (WSJ)
  • Ukraine Left Behind as Russian Stock Gains Are Unmatched (BBG)
  • Brent rises to $61, set for first monthly gain since July (Reuters)
 
Tyler Durden's picture

Frontrunning: February 26





  • Goldman Employees Reaped $2 Billion From 2008 Options Last Year (BBG)
  • On Bush turf, Obama blames immigration woes on Republicans (Reuters)
  • Tougher Internet rules to hit cable, telecoms companies (Reuters)
  • Russia's Gazprom says can exempt rebel-held areas from Ukraine gas contract (Reuters)
  • Allianz Says Pimco Seeing ‘Substantially’ Lower Outflows (BBG)
  • Merkel Faces Stepped-Up Dissent on Greek Bailout in Party (BBG)
  • SEC Probes Companies’ Treatment of Whistleblowers (WSJ)
  • 2-Year Trek From Turf to Table Delays Cheaper U.S. Beef (BBG)
  • Turkish jets violate Greek air space (Kathimerini)
 
Tyler Durden's picture

Janet Yellen Is Freaking Out About "Audit The Fed" – Here Are 100 Reasons Why She Should Be





Janet Yellen is very alarmed that some members of Congress want to conduct a comprehensive audit of the Federal Reserve for the first time since it was created. During testimony this week, she made “central bank independence” sound like it was the holy grail. Even though every other government function is debated politically in this country, Janet Yellen insists that what the Federal Reserve does is “too important” to be influenced by the American people. Does any other government agency ever dare to make that claim? If the Fed is doing everything correctly, why should Yellen be alarmed? What does she have to hide?

 
Tyler Durden's picture

Frontrunning: February 25





  • Invade Syria already, we know you will: Islamic State in Syria abducts at least 150 Christians (Reuters)
  • Greece Struggles to Get Citizens to Pay Their Taxes (WSJ)
  • Doubts Shadow Deal to Extend Greek Bailout (WSJ)
  • In surprise result, Chicago's Mayor Emanuel faces election run-off (Reuters)
  • Obama vetoes Keystone pipeline bill (Reuters)
  • Another sign of the top: Cushman & Wakefield Going Up for Sale (WSJ)
  • Lure of Wall Street Cash Said to Skew Credit Ratings (BBG) ... and threat of DOJ lawsuits also
  • Oil rises to $59 as Saudis say demand growing (Reuters)
 
Tyler Durden's picture

Frontrunning: February 24





  • Yellen faces Senate grilling on Fed rate policy, transparency (Reuters)
  • Big Banks Face Scrutiny Over Pricing of Metals (WSJ)
  • Greece makes more concessions to euro zone, Germany sets vote (Reuters)
  • Time for another executive order: Longer Lives Hit Companies With Pension Plans Hard (WSJ)
  • The Syria invasion "false flag" approaches: Islamic State in Syria abducts at least 90 from Christian villages (Reuters)
  • Why Lenders Love the $2.5 Million Home Loan (BBG)
  • Reuters journalist Maria Golovnina dies in Pakistan aged 34 (Reuters)
  • Qatar’s Ties to Militants Strain Alliance (WSJ)
 
Tyler Durden's picture

Ten Banks, Including JPM, Goldman, Deutsche, Barclays, SocGen And UBS, Probed For Gold Rigging





According to the WSJ, "prosecutors in the Justice Department’s antitrust division are scrutinizing the price-setting process for gold, silver, platinum and palladium in London, while the Commodity Futures Trading Commission has opened a civil investigation, these people said. The agencies have made initial requests for information, including a subpoena from the CFTC to HSBC Holdings PLC related to precious-metals trading, the bank said in its annual report Monday. Who is involved in this latest gold-rigging scandal? Why everyone! ... which makes it immediately obvious why the European regulator had to promptly cover up the whole affair. Under scrutiny are Bank of Nova Scotia , Barclays PLC, Credit Suisse Group AG , Deutsche Bank AG , Goldman Sachs Group Inc., J.P. Morgan Chase & Co., Société Générale SA, Standard Bank Group Ltd. and UBS AG , according to one of the people close to the investigation.

 
Syndicate content
Do NOT follow this link or you will be banned from the site!