Hints and tips:
...rates strategy note that these shorts appear to be at least in part related to the widening in Libor-OIS spreads earlier this year (see US Treasury Market Daily by Jay Barry et al, Jun 4)....
...Official guidance is required on whether Gareth Bale et al were expressing confidence in the UK’s future as a free trader, or were just better at kicking a ball around....
...-0.07%) at 2,107.40 DJIA down -3.41 (-0.02%) at 18,050 Nasdaq down -5.95 (-0.12%) at 5,099 European markets Eurofirst 300 up +6.16 (+0.39%) at 1,587 FTSE100 unchanged 0.00 (0.00%) at 6,754 CAC 40 up +14.77...
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...chart from Cap Econ attempting to summarise China’s current position from a purely economic standpoint: And an extra large chart covering RMB promotion from Xi et al from Deutsche for those who can be bothered...
...Statistical studies (see for example Gadea et al) confirm that there has been no significant break in the behaviour of volatility in the five year period since 2008, compared to that experienced during GM...
...(Bloomberg) - How Goldman (et al)’s aluminium warehousing cost American consumers $5bn in three years. (New York Times) - The commodities supercycle is still ending....
...(Reuters) - Philip Stephens: A taxing problem for Google et al. (Financial Times) - Analysis: The challenges facing Anglo American’s new chief....
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
...Emerging Markets MSCI Emerging Market Index down -0.01% at 1,037 Europe FTSE up +0.35% at 5,724 RTS down -0.07% at 1,642 Warsaw Wig up +0.12% at 40,802 FTSE 300 Eurotop up +0.12% at 1,052 Americas DJIA...
...Gold (Comex) up +12.60 at 1,676...
...Gold (Comex) unchanged 0.00 at 1,664...
...http://www.reuters.com/article/2012/01/13/us-iran-usa-sanctions-idUSTRE80B28F20120113 China loses top spot in clean energy investment The US overtook China to regain top position as the world’s leading...
...killed the al-Qaeda leader, the FT reports....
...that killed the al-Qaeda leader, the FT reports....
...Related links: SEC V. TREVOR G. COOK, PATRICK J. KILEY, ET AL, Case No. 09 CV 3333 – SEC Litigation release...
...THE ENCYCLOPEDIA OF GUILTY PLEASURES edited by Michael Moran et al John Murray ₤12.99, 352 pages Classic toilet material: its half-page alphabetical entries are eclectic, opinionated tilts at icons and...
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