67, prior 68 10:45am: Fed's Williams Speaks in Moderated Q&A in the Bronx DB's Jim Reid concludes the overnight wrap Brexit was left in a bit of phoney war this weekend. However that's for further down the cycle. Outside of that we get the flash PMIs around the globe on Read more…
Just three months ago, the world celebrated was celebrating Apple's achievement of a historic milestone: becoming the first company in the world to reach a $1 trillion market capitalization. And one week after shares of Apple suppliers imploded following Apple's latest earnings report (while Apple shares tumbled into bear market Read more…
Details are still murky, but Bloomberg (via Kyodo) is reporting that Ghosn is suspected of understating income by 5 billion yen ($44 million) over 5 years. The investigation showed that over many years both Ghosn and Kelly have been reporting compensation amounts in the Tokyo Stock Exchange securities report that Read more…
Authored by Cyril Widdershoven via Oilprice.com, The full impact of US sanctions on Iran is still to be assessed, as major underlying factors remain opaque. Still, one of Iran's major lifelines could be the current EU approach, which is largely trying to mitigate the effects of US sanctions on European Read more…
The study found that while some of the blame is due to the slump in oil prices, sanctions have been the bigger driver, and perhaps partly the introduction of inflation targeting and a sell-off in emerging markets could be other factors. Via the AP According to the report, “The underperformance has been Read more…
These high-risk bonds have been issued widely and with great success in a world in which investors were hungry for some yield in the face of falling interest rates when many assumed the rising strength of banks. Core capital was rising, banks were stronger than ever, and the yields of these Read more…
But, as Statista's Martin Armstrong asks, what about feelings outside of Westminster – do the public share the MPs negativity. You will find more infographics at Statista A poll conducted by YouGov in the wake of yesterday's events revealed that, while a lot of people say they do not know, a plurality Read more…
The ruling coalition in Rome, which is made up of the League and the populist Five Star Movement, has decided to increase borrowing so that it can fund its campaign promises, such as lowering the retirement age and increasing welfare payments. Last year, Russia's parliamentary majority party, United Russia, and Read more…
Ironically it's in the area of emergency response and disaster relief at a moment when both sides are marching towards increasingly unpredictable encounters in the South China Sea, which could at any moment result in a catastrophe in its own right. At a moment when US officials are urging China to halt Read more…
Authored by Pepe Escobar via The Asia Times, Moscow hosted talks last week to promote peace in Afghanistan as neighbors and regional heavyweights eye the rewards of stability in the long-troubled land. This was “about finding a peaceful solution to the issue of Afghanistan.” Diplomats in Pakistan confirm the Taliban Read more…