The State Of Markets

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SPY 3

The State Of Markets Authored by Sven Henrich via NorthmanTrader.com, No new highs, no new lows, lots of chop and still no decisions on anything. New highs or not, trade deal or not, hard Brexit or not, the list goes on and on. Bulls remain undeterred and confident that an ever more aggressive and interventionist… Read More

Deutsche Bank Planning Mass Layoffs To Its Once Iconic Rates Unit

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Deutsche Bank Planning Mass Layoffs To Its Once Iconic Rates Unit So much for Deutsche Bank’s once legendary fixed income division being insulated from the unprecedented layoffs sweeping across the bank. Months after unveiling that double-digit percent of its equity-linked employees will be let go as part of an ongoing restructuring that has left the… Read More

Tight ilmenite supply may offset impact of Kenmare’s weather-bedevilled Q3

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KENMARE Resources needed improved pricing for ilmenite to offset the negative effect of poor weather conditions which restricted third quarter shipments, analysts said. The UK-listed heavy minerals miner reported total third quarter heavy minerals concentrate production of of 304,000 tons, a 9% quarter-on-quarter lift. But shipments were 193,000 tons compared to 307,000 tons in third… Read More

Johnson To Pursue Emergency Debate, EU Waits

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2019 10 20 14 06 15

Johnson To Pursue Emergency Debate, EU Waits Authored by Mike Shedlock via MishTalk, The EU will wait for UK debate before offering an extension. Meanwhile, Johnson will seek a meaningful vote. <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Brussels Refuses to be Dragged Into UK Debate Not wanting tobe gragged into UK politics, the EU will wait… Read More

Merkel Admits German Multiculturalism Has "Utterly Failed"

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merkel20refugee

Merkel Admits German Multiculturalism Has “Utterly Failed” German Chancellor Angela Merkel says her attempt to create a multicultural society has “utterly failed,” and that too little had been required of immigrants who refuse to integrate into German culture.  <!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> Merkel told an audience of young members of her Christian Democrats (CDU) that… Read More

Russian Nuclear Sub Misfires During Putin-Supervised Drills – Reports

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A Russian nuclear-powered submarine misfired one of its missiles at large-scale military exercises presided by President Vladimir Putin on the country’s northern coast last week, the Vedomosti newspaper reported Monday. The Ryazan Delta III class nuclear-powered vessel was one of five submarines, more than 100 aircraft, 200 missile launchers and 12,000 troops involved in the… Read More

REFILE-European shares nudge higher as Brexit tussle continues

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(Corrects to fix typo in first paragraph) Oct 21 (Reuters) – European shares opened slightly higher on Monday, indicating that investors remained hopeful that Britain would be able to avoid a disorderly exit from the European Union, even as British lawmakers delayed a crucial vote on the withdrawal agreement. The British government insisted on Sunday… Read More

UPDATE 2-Algeria launches tender to buy milling wheat

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(Confirms offer deadline) HAMBURG, Oct 21 (Reuters) – Algeria’s state grains agency OAIC has issued an international tender to buy milling wheat to be sourced from optional origins, European traders said on Monday. The tender sought a nominal 50,000 tonnes, but Algeria often buys considerably more in its tenders than the nominal volume sought. The… Read More