Rescue deal fell through at the last moment. China’s Fosun and other shareholders are toast. Creditors get to fight over the debris.
A gigantic spike in three years. The UK dominates.
The Fed has different priorities than the ECB, the Bank of Japan, the Swiss National Bank, et al.
Ginormous numbers, FX swaps and spot trades, USD, EUR, JPY, GBP, Australian & Canadian dollars… but where the heck is China’s CNY?
The 10-year Treasury yield rips. Unstoppable negative yields become stoppable.
Shareholders are already toast. Would China’s Fosun conglomerate follow the time-honored principle of throwing good money after bad?
Draghi’s desperate shenanigans thicken.
The cost of dodging negative interest rates.
Hedge funds have field day front-running the liquidation. 300,000 investors left twisting in the wind.
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.