1. British Pound Falls to 31 Year Low Versus U.S. Dollar.
Pound Falls Below Crisis Low, breaks below 7 Year Range.
Daily Top Ten – October 4, 2016
Daily Top Ten – October 3, 2016
Daily Top Ten – September 30, 2016
1.Deutsche Bank Broke the Jeff Gundlach $10 Danger Zone Last Night.
Deutsche shares sold off sharply in US trading.
Moreover, the implied volatility on US-listed DB shares spiked to multi-year highs.
Daily Top Ten – September 28, 2016
1. World’s Biggest IPO Opens at Low End of Range with Book of “Cornerstone Investors.”
It may have been the world’s largest IPO in two years, but shares of Postal Savings Bank of China hit the Hong Kong market like a wet firecracker after the lender raised $7.4B, but priced the deal near the bottom of its marketing range. The lukewarm start comes as investors remain cautious on the outlook for the Chinese banking industry, battling with mounting bad debts amid a slowing economy.
Daily Top Ten – September 27, 2016
1. More Important than the Debate…DB Watch…-7% Yesterday…-50% YTD.
U.S. Fines were Bigger than DB Market Cap.
