A measure of inflation, the change in core personal consumption expenditures (PCE) doubled in August! From 0.1% to 0.2% from July to August. And Core PCE grew at a 1.7% pace YoY.
In reality, of course, the Fed’s problems are much bigger than even that. How is the chart above even possible with a Fed balance sheet intentionally run up to $4.5 trillion?
The lawsuits alleging collusion and manipulation of the London gold and silver fix are Hanging By a Thread...
Euro area banks are not entirely to blame for their dollar shortage.
after some hedge funds moved to reduce their exposure to Germany’s biggest bank, an old sign of credit stress reemerged.
As part of its liquidity operations the European Central Bank has been providing U.S. dollars to lenders since the weeks after the collapse of Lehman Brothers Inc.
Has the financial sector languished and dragged down the real economy—especially since Alan Greenspan discovered the printing press in the basement of the Eccles Building
CNBC's Rick Santelli and Charles Biderman, TrimTabs Investment Research Founder & Chairman, discuss bond and equity flows.
The euro erased losses against the dollar after hitting a nine-day low on Friday on reduced concerns surrounding Deutsche Bank's health, while the greater calm over Germany's biggest lender also pressured the safe-haven yen and Swiss franc.
* Hedge funds reinforce worries about Deutsche Bank * Analysts watching U.S. Treasury bond yields * U.S. consumer spending unexpectedly falls in Au
Deutsche Bank may well be the “canary” but the “coal mine” is the banking system – European and U.S. – and there will be plenty of dead birds before this is over.
Another day, another warning about Chinese property bubble. After I reported earlier in the week on a research note from UBS
With USDollar liquidity demand soaring in Europe, and Lehman-esque systemic risk concerns re-emerging from the shadows, it appears the safe haven bid for protection from the folly of politicians and central planners is alive and well...
The yuan will become one of five global reserve currencies on Saturday, the culmination of several years of efforts by Chinese policy makers to gain such recognition.
As chief negotiator starts work, dominant view on continent is that Britain will leave EU single market and customs union
Liquidity risk is indicated pretty much everywhere, a direct assault not just on mainstream conventions about monetary policy but monetary competency itself.
Did you know that the hedge funds alone manage around $2.7 trillion, according to Barclay Hedge data? Even if a small portion of the trillions sloshing around out there, decides […]
Eurogroup President Jeroen Dijsselbloem said on Friday that Deutsche Bank must survive "on its own"
Deutsche Bank, with $2 trillion in assets, amounting to 58% of Germany’s GDP, one of the most globally interwoven banks, with gross notional derivatives exposure of €46 trillion