—- 30Y TreasuryYieldTumblesTo 7-MonthLows As Nasdaq Loses 4,000 // ZeroHedge US equities are pressing fresh lows of the day as USDJPY tests 101. The Nasdaq just broke 4,000 – its worst drop in 8 months; The Dowtradingbackunderits 200DMA; and now every major index is in negative territory from the December Taper. Most notably though, Treasury yields are tumbling as weak data and safe-haven flows have … Seguir leyendo 30Y Treasury Yield Tumbles To 7-Month Lows As Nasdaq Loses 4,000

—- ShockingUSfactoryordersandChinesebankwoestrigger global flighttosafety // AmbroseEvans–Pritchard – Financeandbusinesscomments Analysts label factory figures "absolutely awful", with the real worry being a slump in new orders not seen since the recession of 1980 —- Shared via myfeedlyreader Seguir leyendo Shocking US factory orders and Chinese bank woes trigger global flight to safety

—- PortugueseDebtAbouttoImplode? WhatAboutSpain? // Mish’s Global EconomicTrendAnalysis Is Portugal about ready to implode? That’s what one hedge fund manager believes. For now, interest rate action suggests otherwise. We will explore the case for implosion but first consider this chart of 10-year sovereign bonds. Portugal 10-YearSovereignDebtYield One certainly could have made a fortune plowing into 10-year Portuguese bonds. Does that mean Portugal is out of the … Seguir leyendo Portuguese Debt About to Implode? What About Spain?

—- Spanish Suicides RiseToEight–YearHigh // ZeroHedge Europe has an odd definition of recovery: we already knew that in Greece "recovery" means record high unemployment, an entire generation unable to find work, the return of neo-nazism, no ink with which to print tax forms, and even instances where people infectthemselveswithHIVtogetmedicalbenefits. That, and of course, soaring suicides. Now it is Spain’s turn. While the Iberian nation is … Seguir leyendo Spanish Suicides Rise To Eight-Year High

—- Spain’s Banco Popular BadLoans Surge 20% QoQ (MostEver) ToRecordHigh // ZeroHedge As we draw ever closer to Europe’s date with disaster and the inevitable lifting of the kimono that Draghi’s supervision-driven stress tests appear to be, European banks are being forced to finally ‘fess up to the real state of their balance sheets. Confused at how bad macro data can be in Spain and … Seguir leyendo Spain’s Banco Popular Bad Loans Surge 20% QoQ (Most Ever) To Record High

—- EmergingMarketsContagionStartingtoHitEurozone // nakedcapitalism Emerging markets-related disruption continued overnight, as the Nikkei fell nearly 2%, pounded by the rise in the yen due to its status as a flight currency. Other Asian markets took a hit as well, with only Australia emerging relatively unscathed: And the stress is unlikely to abate any time soon. Despite South Africa, Argentina, and Turkey having moved up interest rates … Seguir leyendo Emerging Markets Contagion Starting to Hit Eurozone

—- DeutscheBank: "We’veCreated A Global DebtMonster" // ZeroHedge Two observations on the latest thoughts by Jim Reid (DB’s best strategist by orders of magnitude): He is far more concerned by what is going on in China than any of the other noise around the world. And rightfully so. As wefirstshoweda few months ago, the money creation in China puts what all the other global central … Seguir leyendo Deutsche Bank: “We’ve Created A Global Debt Monster”

La Comisión Europea ha reclamado a España medidas para una mayor vigilancia de la financiación de los partidos políticos Bruselas considera insuficiente la futura Ley de Transparencia porque carece de mecanismos independientes control La Comisión Europea ha reclamado este lunes a España que tome medidas para una mayor vigilancia de la financiación de los partidos políticos para detectar irregularidades y que refuerce el régimen de sanciones, como … Seguir leyendo La UE tacha de insuficiente la nueva ley española de transparencia porque carece de órganos independientes de control

—- JapaneseStocksTumble – Down 10% In 2014 FollowingRecordLow China ServicesPMI // ZeroHedge USDJPY opened the evening under 102 with JPY holding its losses until aroun 1700ET when it broke back above the crucial level. S&P futuresandUSDJPYrecoupledfor a fewhours but are now decoupling faster than the Seahawks and Broncos (S&P -1pt, USDJPY +30 pips). The catalyst for the disconnect (which Japan’s Nikkei is also following) was … Seguir leyendo Japanese Stocks Tumble – Down 10% In 2014 Following Record Low China Services PMI