Thursday, August 13, 2015

Friday's News Links

[Bloomberg] U.S. Credit Traders Send Warning Signal to Rest of World Markets

[Bloomberg] Asian Currencies Post Worst Week Since 2011 on Yuan Devaluation

[WSJ] Malaysia’s Ringgit in a Tailspin

[Bloomberg] Russia Bonds Have Worst Rout in Year as Moody’s Warns on Economy

[Bloomberg] Turkey Heading for New Election as Lira, Stocks Tumble

[Bloomberg] Turkey Central Bank Tries ‘Fringe Tools’ to Stem Lira Slide

[Reuters] U.S. crude oil hits six-and-a-half-year low on high stocks

[Bloomberg] Euro-Area Growth Cools as Germany, France Fall Short

[Reuters] Problems mount for Italy's Renzi as economy stumbles

[Reuters] Greek PM faces biggest party revolt yet as bailout approved

[Bloomberg] China's Yuan Rate Rises for First Time Since Devaluation

[Bloomberg] China’s Yuan Positions Fall by a Record, Signaling More Outflows

[CNBC] Faber: Yuan devaluation is completely meaningless

[Bloomberg] Brazil Braces for Protests as Referendum on Rousseff Impeachment

[Bloomberg] Malaysia’s Ringgit Heads for Worst Drop Since 1998 Amid Outflows

[Bloomberg] Puerto Rico Staring at $400 Million Short-Term Funding Squeeze

[Reuters] Global M&A activity surges toward record high

[Bloomberg] Jack Ma Website With Junk Debt a Click Away Raises Risk in China

[Reuters] High-yield, investment-grade funds post third week of outflows -Lipper

[Bloomberg] The Lowly Lightbulb Outshines Solar and Wind on U.S. Power Grids

[Reuters] Japan joins U.S.-Philippine humanitarian drills amid China sea dispute

Thursday Evening Links

[Reuters] Asian shares edge lower as crude oil spirals down

[WSJ] Yuan Slide Takes Toll on Chinese Firms

[Bloomberg] Dollar Pares Yuan-Inflicted Losses on Data; Oil Holds 6-Year Low

[Bloomberg] Hedge Funds Bloodied by China Crash in Worst Month Since 2011

[NYT, Eavis] China’s Renminbi Devaluation May Initiate New Phase in Global Currency War

[Bloomberg] The World's Credit Investors Are Getting More and More Skittish

[Reuters] Greek ruling party heads toward split before bailout vote