Deutsche Curve Inverts As Bundesbank Dismisses State Support Of “Zombie” Banks
Deutsche Bank Sub CDS closed above 500bps for only the second day in its history (and the longer-term CDS curve inverted once again) as a bad day ended worse with…
Curve Flattens After Treasury Sells $34 Billion In Uneventful, Tailing 5Y Auction
Unlike yesterday’s 2Y auction, when paper was trading -1.0% special in repo which helped yesterday’s issuance to pass with the high yield printing through the WI, today’s 5Y auction did…
Trump vs Clinton Head-To-Head Was The Most Watched Presidential Debate In History
While the unscientific polls say otherwise, capital markets and the online bettors say that Hillary dominated last night’s debate. However, Trump was the undisputed winner when it comes to another…
It’s Not Really About Deutsche Bank
Submitted by Jeffrey Snider via Alhambra Investment Partners, It is never a good thing when official sources either named or unnamed are quoted in the media as denying bailout discussions.…
Crude Chaos Strikes: Saudis Admit “No Deal” But “Hopeful” For November
Having failed completely to consumate a freeze deal in Algiers, the Saudi oil minister throws out a bone of hope to crude bulls that November’s OPEC meeting may see a…
This Is What Trump Should Do In The Second Debate
Last night’s debate has sparked a tsunami of conversations over who won, who looked more presidential, who coughed more, and who had bigger hands. What is more useful, however, is…
Nigeria Will Expand Ties With India, Buhari Says
President Buhari with Indian Vice President Hon. Mohammad Hamid Ansari flanked by Indian Minister of State for Finance Mr Gangaram Meghwal and Vice President Yemi Osinbajo at the Statehouse. YOU’RE…
List of 13 Heads of Government Agencies Buhari Just Appointed
President Muhammadu Buhari on Monday moved closer to closing the gap on appointments in top government agencies by approving the appointment of chief executives for 13 parastatals and agencies. Here…
Come And See The 12 “Wonders” Of Dangote Refinery
The much touted construction of the Dangote Refinery is ongoing and the PR machine has been unleashed in the quest to create awareness for the project and to a larger…
BREAKING: Senate Has Rejected The Sale of National Assets!
The Nigerian Senate has rejected the proposed sale of national asset by the federal government. The Senate took the decision on Tuesday at the resumed plenary after extensive deliberation. A…