Chinese Deflation Pressures Signal More Monetary, Fiscal Easing

globalFXsource0

Top Headlines

China’s Deflation Pressures Signal More Monetary, Fiscal Easing – Bloomberg China’s consumer inflation waned in October while factory-gate deflation extended a record streak of negative readings, signaling policy makers may need to hit the gas again to ease deflationary pressures.

Cameron Warns EU Over UK’s Terms for Membership – Wall Street Journal (subscription) Prime minister to outline demands for changes to the bloc.

Banking Giants Learn Cost of Preventing Another Lehman Moment – Bloomberg Seven years after the collapse of Lehman Brothers jolted the global economy, the world’s biggest banks may need to raise as much as $1.2 trillion to meet new rules laid down by financial regulators.

How the Unshackled Ruble Has Changed Russia’s Economy Forever – Bloomberg The weaker currency has hit consumers hard but helped oil producers.

 

 

Regulatory News

Upbeat Carney Delivers G20 Update; Conduct Still Seen as Issue – Profit & Loss The chair of the Financial Stability Board, Mark Carney, has delivered an upbeat review of the FSB’s work in reforming the financial markets’ infrastructure.

EU Poised to Delay Securities Reform by a Year – Reuters The European Union’s landmark reform of securities markets to apply lessons from the financial crisis may need to be delayed by a year to January 2018, a European Commission official said on Tuesday.

 

 

Company News

ParFx Reports Strong CNH Uptake – Profit & Loss ParFX announces that CNH/USD has become one of the top five currency pairs on the platform by volume, less than two months after introducing the offshore renminbi in September.

ABN Amro IPO Values Bank at Over $16 Billion – Wall Street Journal (subscription) The Dutch state is likely to recuperate the lion’s share of the cash used to bail out the bank.  

 

 

Market Savvy  

What Markets Need to Watch in Portugal as Leftists Vow to Oust PM – Bloomberg Portugal’s opposition party has formed an alliance with three other leftist groups to oust Prime Minister Pedro Passos Coelho at a vote Tuesday and form an alternative government.

The Fed Puts the ECB Back in the Hot Seat – Wall Street Journal (subscription) Federal Reserve looks set for a December liftoff—ECB policy will face fresh scrutiny.

 

 

Press Releases

SGX Welcomes Jumbo Group Limited to Catalist – SGX Singapore Exchange (SGX) today welcomed Jumbo Group Limited (Jumbo) to Catalist under the stock code “42R”.

 

 

Industry Events