Wednesday, June 29, 2016

Thursday's News Links

[Bloomberg] Stocks, Pound Little Changed as Brexit Paralyzes Global Markets

[Bloomberg] Yen Flirts With Biggest Monthly Gain Since 1998 on Brexit Vote

[Bloomberg] Soros Says Brexit Has ‘Unleashed’ a Financial-Markets Crisis

[Reuters] Italy may have to recapitalize weak banks directly after stress tests: government source

[Reuters] Follow the rules on banks, EU tells Italy, Brexit no excus

[Bloomberg] Brexit Hastens Structured Product Losses for Yen Speculators

[Bloomberg] Pound at Risk of Falling in Reserve-Currency Ranks After Brexit

[Reuters] Ex-London mayor Johnson abruptly quits race to be prime minister

[Bloomberg] Yuan Heads for Worst Quarter on Record as Outflows Seen Rising

[Reuters] Exclusive: China to tolerate weaker yuan, wary of trade partners' reaction - sources

[Bloomberg] How Brexit Makes China's Currency a Crucial Thing for Markets to Watch

[Reuters] Equity deals sag to four-year low, Brexit seen shrinking volumes: TR data

[MarketWatch] Deutsche Bank poses greatest risk to system: IMF

[Bloomberg] Moody’s Lowers Outlook on Singapore Banking Industry to Negative

[WSJ] Manhattan Apartment Sales Sputter

[WSJ] ECB No Closer to Inflation Target After Series of Stimulus Measures

[FT] M&A hit by Brexit and Trump uncertainty

[FT] Negative-yield government debt surges $1.3tn to $11.7tn

[Reuters] Singapore's UOB suspends London property loans after Brexit

[Reuters] Japan says Chinese military activity in East China Sea escalating

Wednesday Evening Links

[Bloomberg] U.S. Stocks Rally as Anxiety Diminishes Over U.K. Brexit Impact

[FT] EU leaders harden stance against Brexit concessions

[FT] Matteo Renzi rebuffed on move to sidestep bank bail-ins