WEEKEND PREP 26 MARCH

27 March> overnight HUGE protests erupted in Israel over Netanyahu judicial reforms -sparking international concerns from governments across the globe > live updates > https://www.middleeasteye.net/live/israel-shut-down-strikes-mass-protests-live Roller Coaster Ride Last Week This past week it was all about FOMC, Yellen And…then Deutsche Bank (yes seems contagion fears) Federal Reserve Per Edward Jones: As expected, the Federal […]

IN THE OVERNIGHT 24 MARCH

Bank Fears Are Back Deutsche Bank shares fell 8% in Frankfurt on Friday as fears about the health of big banks revived Deutsche Bank credit default swaps blowing out Sea of RED Overnight Data/News USD DATA TODAY

IN THE OVERNIGHT 23 MARCH

Asia Green….Europe RED….Pretty quiet night overall Overnight Data/News US DATA TODAY OVERNIGHT COMMODITY HEADLINES Metals Copper could test $11,000 by year end; less hawkish stance may spark rally, says Saumil Gandhi Energy France Strikes Hit Oil Refineries, Rippling Across Crude Markets Action expected to hit refining by about 500,000 barrels a day Strikes mean fewer […]

IN THE OVERNIGHT 22 MARCH

FOMC DAY!! 2:00PM ET DECISION/2:30PM ET PRESSER Sea of Green again in Asia Overnight Data/News US DATA TODAY OVERNIGHT COMMODITY HEADLINES Metals Gold prices stable as safe haven appeal wanes ahead of Fed meeting Energy Fujairah: Oil product stockpiles climb for first time in a month Russia Extends Oil Production Cut Through June Ecuador will […]

IN THE OVERNIGHT 21 MARCH

SEA OF GREEN Overnight Data/News US DATA TODAY COMMODITIES HEADLINES OVERNIGHT Metals Brent crude oil and copper stabilize while gold loses upside momentum Energy TRAFIGURE CEO: NOT MUCH DOWNSIDE ON OIL FROM HERE TRAFIGURA: CURRENT OIL PRICES NOT ENCOURAGING PRODUCTION US Rearranges Unfinished Oil Flows After Russian Ban Moldova resumes gas purchases from Russia’s Gazprom […]

WEEKEND PREP 19 MARCH

Monday Morning update: Credit Suisse is down 73%, UBS down 13%, European banks RED It’s all about Credit Suisse UBS offered to buy Credit Suisse earlier today for $1B and settled on more than $2B hours after They are rushing to get the deal done before the open tomorrow UBS agrees to buy Credit Suisse […]

IN THE OVERNIGHT 16 MARCH

Credit Suisse got $54B from SNB JPMorgan Says Fed’s Loans Will Provide $2 Trillion of Liquidity Fed’s funding program set to reverse impact of tightening: JPM Mixed Markets

IN THE OVERNIGHT 15 MARCH  

**$CS Credit Suisse CDS ripping, stock is tanking stoking fears of another bank crisis Packed US data today Asian Markets MIXED – Europe RED Overnight Data/News Credit Suisse Credit Default Swaps US DATA TODAY OVERNIGHT COMMODITY HEADLINES Metals Copper flat as investors gauge demand uncertainty Energy Russian oil exports fell by 500 kb/d to 7.5 […]