Frontrunning: September 28
Stocks Rally as Deutsche Bank Slump Ends, Oil Gains Before Talks (BBG)German government prepare Deutsche Bank rescue plan (Reuters)German financial watchdog not working on emergency plan for Deutsche...
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Deutsche Denial Tsunami Begins: Draghi "Not ECB Fault", IMF "Solid Base"
It is becoming very clear that the Deutsche Bank debacle is getting very serious. How do we know? Simple - everyone is denying everything. Overnight DB CEO Cryan denied any need to raise capital or...
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HSBC’s Chief of Technical Analysis Just Warned of a Potential 1987-Type Crash
The head of HSBC’s Technical Analysis group just issued a major warning.Unless the markets can take out their September highs, we could very well see a repeat of the 1987 Crash.Murray Gunn is head of...
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As Deutsche Bank Implodes, The ECB Is Making A "Strategic" Hire...
With Deutsche Bank crashing and burning for the second time in 2016, with its stock taking out all time lows and CDS spiking to record levels not seen even during the financial crisis, the ECB - which...
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General Collateral Rate Surges To Highest Level In 7 Years
In what may be an indication of a major collateral shortage, but most likely is simply a case of quarter-end "window dressing", the overnight general collateral rate soared to 0.82% this morning, its...
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OilPECalypse Sparks Stock-Buying Panic
Something is up... everyone and their pet rabbit was speaking today (and there's more tomorrow) More crappy macro data today... but all that mattered was Yellen never screwed up totally, Deutsche Bank...
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Euro “Might Start To Unravel” If Collapse Of Deutsche Bank
The euro "might start to unravel" if Deutsche Bank collapses according to respected financial journalist Matthew Lynn. "It all has a very 2008 feel to it ..." he warns in the Telegraph where he...
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Crude Declines As OPEC Deal Doubts Emerge; Futures Roll Over
After oil soared over 5% yesterday, its biggest jump since April which pushed the commodity to a three week high on the unexpected announcement that OPEC had agreed on cutting as much as 700kbpd in...
View ArticleFrontrunning: September 29
Stocks Jump as OPEC Splits Markets; Indian Assets Drop on Attack (BBG)In U-Turn, Saudis Choose Higher Prices Over Free Oil Markets (BBG)Congress Passes Spending Bill to Keep Government Running...
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Pain Spreads To Germany's Second Biggest Bank: Commerzbank Scraps Dividend,...
With Deutsche Bank mercifully missing from overnight headlines for the first day in almost two weeks, it is time to bring attention to Germany's second largest bank which, as we first reported earlier...
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ECB "Refused To Answer Questions"– “Systemic Threat” Of Deutsche Is “Not ECB...
The potential collapse of Deutsche Bank and the systemic risk it poses to banks and the European financial and monetary system moved into the German political sphere yesterday. The German government...
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Deutsche Bank Is Now Smaller Than Twitter
Just some context for what has happened... Of course EV would be a more accurate comp, but still, things are not good.Still Bob Pisani says it's nothing to worry about, probably.
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Gundlach: "The Market Will Keep Pushing Deutsche Bank Lower Until It Is...
With stunned investors reliving memories of the 2008 crisis as Deutsche Bank, a bank that is half the size of its host, Germany, seemingly on the precipice, and with Angela Merkel vowing as recently as...
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Stocks Dump As Deutsche Doubts Drum Up 2008 Dread
We had to... This was how most professionals saw it... This is how Deutsche Bank and CNBC saw it... It was all about Deutsche Bank...and contagion...Deutsche Bank -> US Financials -> US Stock...
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The Central Bank Power Shift From West To East, Game Of Thrones Style
Authored by Nomi Prins via NomiPrins.com,“When you play the Game of Thrones, you win or you die.” – Cersei LannisterI was late to Season 6 of Game of Thrones (while buried in writing my next book...
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The Run Begins: Deutsche Bank Hedge Fund Clients Withdraw Excess Cash
Deutsche Bank concerns just went to '11' as Bloomberg reports a number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender, a...
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Deutsche Bank CEO Writes Memo To Employees, Blames "Speculators", Confirms...
Instead of doing what many have correctly suggested he should be doing, namely focusing on ways to raise more capital for the undercapitalized Deutsche Bank in order to stem the slow (at first)...
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Global Stocks Slide As Deutsche Bank Fears Rise: Flight To Safety Boosts...
Global stocks continued their selloff this morning, driven by surging speculation about the liquidity, solvency and viability of Deutsche Bank, which plunged 9% after opening in German trading today,...
View ArticleFrontrunning: September 30
Asia stocks slide as Deutsche sours mood, oil pulls back (Reuters)Deutsche Bank Drops to Record as Some Clients Reduce Exposure (BBG)Deutsche CEO tries to reassure staff as shares plunge (Reuters)Oil...
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European Liquidity, Banking System Collapses As Deutsche Stock Hits...
As the world wakes up to the fact that Deutsche Bank is not Lehman... it's massively bigger, and massively more systemic; so contagion is rapidly spreading through global funding and asset markets.DB...
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