Two emergency Fed meetings in one week. One Monday to get Obama up to speed on whatever is broken. Another one Wednesday to apprise everyone else.
Biggest Yuan devaluation in 3 months
Deutsche Bank "rumours"
Doha circle jerk to nowhere
Volatility squeeze / short squeeze / mass complacency
Profit implosion. I mean financial engineering implosion.
GDP approaching 0% i.e. -2.5% ex-deficit
GDP approaching 0% i.e. -2.5% ex-deficit
JPY Risk off
The Madoff Dynasty reports more fabricated data on Thursday with Ponzi "smoothed" GDP growth. In addition to counting Yuan as FX, and calling capital outflows "imports" from Hong Kong + 116%
Third wave down at all degrees of trend
Minimal liquidity
All converging on the same weekend.
Minimal liquidity
All converging on the same weekend.
CNY / USD: