Wednesday, February 24, 2016

Wednesday Evening Links

[Bloomberg] Most Asian Stocks Rise After Crude Rally as Japan Leads Advance

[WSJ] Why Did These Homes Sell for $1 Million More Within a Year?

[WSJ] Funds Clobbered by Rout in Financial Stocks

[WSJ] U.S. Warns Banks Off Russian Bonds

[Bloomberg] PBOC Officials Say China Can Handle Raising Budget Deficit to 4%

[Time] U.S.-China Showdown Keeps Inching Closer

Wednesday's News Links

[Bloomberg] Global Stocks Extend Drop With Oil as `Brexit' Risk Roils Pound

[Bloomberg] Pound Sinks Below $1.39 as Traders Brace for More Volatility

[Bloomberg] Brazil Credit Ratings Cut to Junk by Moody’s

[Bloomberg] Brazil Stocks Lead Americas Losses as Real Sinks on Moody's Cut

[Bloomberg] World's Worst CoCo Bonds Come Courtesy of Brazil's Government

[FBN] Gold Jumps Above $1,240 an Ounce as Investors Seek Refuge

[Reuters] U.S. new home sales tumble; services sector weakens

[Bloomberg] Emerging Stocks to Currencies Decline as Oil Curbs Risk Appetite

[Bloomberg] South African Rand, Bonds Plunge as Gordhan's Budget Disappoints

[Bloomberg] Draghi Has Two Weeks to Map ECB Plan That Won't Let You Down

[Bloomberg] Weidmann Says Any New ECB Measures Mustn't Be Counterproductive

[Bloomberg] Yuan Falls a Fourth Day as Fix Cut After Data Suggests Outflows

[Reuters] How long before the cracks show in China's great currency wall?

[Bloomberg] China's New Economy Leads to Deepening Export Slump in Asia

[Reuters] ECB risks running out of bonds to buy unless rewrites rules

[Bloomberg] Chinese Stocks in Hong Kong Head for Steepest Loss in Two Weeks

[Reuters] U.S. Navy plans more freedom of navigation moves in South China Sea: Admiral