Sunday, June 26, 2016

Monday's News Links

[Bloomberg] Pound Slumps, Banks Tumble on Brexit Fallout; Bonds Extend Gains

[Bloomberg] British Banks Extend Brexit Plunge After Mass Analyst Downgrades

[Reuters] Bank shares slide as Brexit turmoil hits world stocks

[CNBC] Pound sterling set to fall further, yuan touches nearly six-year low amid Brexit uncertainty

[Bloomberg] Credit Markets Were Much Less Prepared for Brexit Than Stocks

[Bloomberg] Germany Warns of EU’s ‘Centrifugal Forces’ After Brexit Vote

[Bloomberg] China Premier Sees Increasing Uncertainties After Brexit Vote

[Bloomberg] Goldman sees post-Brexit UK recession; cuts EU, U.S. growth views

[Reuters] Japan PM Abe instructs finance minister to take FX steps as needed

[Bloomberg] The $100 Trillion Bond Market’s Got Bigger Concerns Than Brexit

[Dow Jones] Brexit'' Upends China''s Plans for Turmoil-Free Summer

[NYT] How Housing’s New Players Spiraled Into Banks’ Old Mistakes

[Bloomberg] Kremlin Gets Flashback of Soviet Collapse in Brexit Fallout

Sunday Evening Links

[Bloomberg] Risk Rout Deepens as Pound Slides Further on Post-Brexit Turmoil

[Bloomberg] Emerging Assets Extend Slide on Brexit Concern as Oil Declines

[Bloomberg] U.S. Stock Futures Retreat After S&P 500 Erased 2016 Gain Friday

[Bloomberg] Gold Surges for a Second Day as Investors Seek Brexit Havens

[Bloomberg] Pound, Krone Lead European Currencies Lower as Yen Pares Climb

[Bloomberg] Dollar Funding Demand Widens Basis Swap Spreads Versus Yen, Euro

[Bloomberg] China Weakens Yuan Fixing by Most Since August as Dollar Surges

[Bloomberg] Oil Extends Losses to Near $47 After Tumbling on Brexit Vote

[Bloomberg] Rajoy Wins as Spain Cleaves to Establishment Amid Brexit Mayhem

[NYT] Central Banks Worry About Engaging World Markets After ‘Brexit’

[Bloomberg] Brexit Fallout to Test Trader Nerves as Asian Markets Open

[FT] Banks prepare for another day of currency mayhem

[FT] Global markets take $2tn Brexit hit

[FT] Brexit is a problem central banks will struggle to fix

[NYT] ‘Brexit’ Surprised Hedge Fund Managers Used to Picking Winners

Sunday's News Links

[Bloomberg] Middle Eastern Stocks Slump as Investors Weigh Brexit Fallout

[Bloomberg] Investors Map Post-Brexit Strategies Amid Global Market Upheaval

[Bloomberg] Quants, ETFs and Overweight Funds Hang Over Stocks on U.K. Vote

[Bloomberg] Brexit Adds $380 Billion to Global Negative-Yielding Bond Pile

[Reuters] 'Risky trinity' requires urgent global policy action, BIS says

[Bloomberg] Bank-Sovereign Doom Loop Requires Fiscal Response, BIS Says

[Bloomberg] Too-Easy Money Is Making It Too Hard to Gauge Markets, BIS Says

[AP] Germany's Merkel at center stage as EU faces Brexit fallout

[NYT] Britain Rattles Postwar Order and Its Place as Pillar of Stability

[NYT] Brexit’ in America: A Warning Shot Against Globalization

[Reuters] Spain votes to break political deadlock, far left set to rise

[Bloomberg] Spain Begins to Vote as Rajoy Confronts Podemos in Ballot

[Channel News Asia] Far left set to become a political force in Spain's election

[BBC] Nervous Greeks worry Brexit may lead to Grexit

[Reuters] Austrian far-right figure warns of 'Auxit' vote within a year

[UK Guardian] Brexit is a rejection of globalisation

[FT] UK political order in upheaval after Brexit referendum

[ABC] Tensions between China and Taiwan rise again over 'One China' policy