Tuesday, January 5, 2016

Wednesday's News Links

[Bloomberg] Global Stocks Selloff Escalates as Oil Drops, China Weakens Yuan

[Bloomberg] Emerging Stocks Sink With Currencies on China as Won Declines

[Bloomberg] Some FOMC Members Saw December Rate Rise as `Close Call'

[Reuters] Asia stocks buffeted by China worries, North Korea nuclear test

[Bloomberg] Yuan Sinks to Five-Year Low as PBOC Surprises With Weaker Fixing

[CNBC] China intervention back on traders' minds

[Bloomberg] Caixin China Services PMI Falls to Second-Lowest Level in Decade

[CNBC] More market trouble is just around the corner

[Bloomberg] Sovereign Downgrades May Outpace Upgrades in 2016, S&P Says

[FT] Hackers shut down Ukraine power grid

[Reuters] North Korea says tested hydrogen nuclear device

Tuesday Evening Links

[Bloomberg] Fed Playing Whac-A-Mole Faces Limits in Hammering Asset Bubbles

[LA Times] Five economic fears behind the Chinese stock slide that shook world markets

[Reuters] Yemen war intensifies amid mounting regional tension

Tuesday's News Links

[Bloomberg] Stocks Extend Losses as Yen, Gold Rise on Lingering China Unease

[Bloomberg] Yen Benefits as Stock-Market Losses Drive Appetite for Havens

[Bloomberg] Yuan Rebounds From Five-Year Low as Equity Gains Calm Sentiment

[Reuters] Spread between onshore, offshore yuan widest since September 2011

[Bloomberg] Gold Advances for Second Day as Investors in `Risk-Off' Mode

[Bloomberg] China's Terrible Start to 2016 Has Beijing Fighting Market Fires

[FT] Fears mount over rise of sovereign-backed corporate debt

[Bloomberg] China Bid for Slow Yuan Drop Is Seen Boosting Intervention Cost

[CNBC] Will we see a return of China's 'National Team'?

[Bloomberg] Baltic Dry Ship Index Tumbles to Fresh Record Amid China Turmoil

[Bloomberg] Manhattan Apartment Prices Top Pre-Crisis Record on Luxury Deals

[Bloomberg] Bank of America Merrill Lynch: The Shanghai Composite Will Plummet by Nearly 30% in 2016

[Bloomberg] Saudi Riyal Peg Not Sustainable Amid Oil Slide, Commerzbank Says

[Bloomberg] Saudi Feud With Iran Risks Fueling Unrest Across Middle East

[Reuters] New Saudi-Iran crisis threatens wider escalation

[NYT] U.S. Struggles to Explain Alliance With Saudis