CS and Nomura recorded huge losses on position unwinds related to the blow up of the fund.
Some of the news items related to the melt-down:
GS update due later. Hard to imagine there will be much good news in it ...
Some of the news items related to the melt-down:
GS update due later. Hard to imagine there will be much good news in it ...
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Brazil's sugar prices dip amid trade war fears. Investors eye commodity risks and potential valuation shifts.
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Fed's Warsh flags market risks. AGNC's 13.5%+ yield faces headwinds. Inflation talk reassures some.
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China's factories are still printing profits, but the split between a booming chip sector and a struggling shop floor is widening by the month.
Bolivia has abandoned its 15-year dollar peg and moved to a flexible exchange rate, with the boliviano depreciating roughly 30% to around 9.73 per dollar as La Paz pursues an IMF financing deal.
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