Post Profile






Stocks Erase Settlement Rumor Gains As Deutsche CDS Spike To Record Highs

Well that escalated quickly. The AFP 'news' of a settlement has been proven wrong - as Cryan heads to DC to begin talks - and so Friday's CDS spike was confirmed as correct (and stocks are tumbling back to reality)... And while Germany is closed, Deutsche ADRs are fading...
read more

share

Related Posts


Japanese Stocks Tumble 350 Points From Friday Highs, JPY 119 Handle As Crude Keeps Sliding

Business & Finance : Zero Hedge

USDJPY tumbles to a 119 handle briefly before Japan opened to its normal JPY-selling spike temporarily lifted the pair 'off the lows'. This drop dragged stock futures lower with Nikkei 225 tumbling over 350 points from its Friday tr...

S&P, Dow Tumble - Erase All Post-Doha Gains

Business & Finance : Zero Hedge

Well that escalated quickly. While Nasdaq had already given up its gains, this morning's economic weakness, Yen strength, and unimpressed oil market has driven the S&P and Dow back into the red from pre-Doha levels...

Stocks Soar After French Press "Confirm" Deutsche Bank Near Settlement With DOJ

Business & Finance : Zero Hedge

Seemingly confirming the rumor, Agence France Press reports that Deutsche Bank is nearing a $5.4 billion settlement with the US Justice Department. This has catalyzed another leg higher in Deutsche Bank stock and lifted the whole ma...

EU, US Stocks Slide After Deustche Bank Default Risk Spikes To Record High On Disappearing 'Deal' Hype

Business & Finance : Zero Hedge

Following confirmation over the weekend that the rumors were false of a lower-priced 'deal' with The DOJ somehow saved Deutsche Bank from its potential liquidity crisis; Deutsche Bank assets are notably marked down this morning. Des...

WSJ Reports "No Settlement Deal" Between Deutsche, DOJ As German Econ Minister Slams Deutsche Bank

Business & Finance : Zero Hedge

As we predicted on Friday, and as we reported earlier today, the AFP "story" of a $5.4 billion revised settlement between DB and DOJ was indeed "sources" on Twitter, and had no basis in reality. The reason: not only has John Cryan b...

Comments


Copyright © 2016 Regator, LLC