Thursday, September 3, 2015

FRIDAY 9/4/15; Japan Crashes -7.2% this Week; European Migrant Crisis; DAX Death Cross; G-20 Finance Ministers Meet in Turkey; Monthly Jobs Report; European and US Stocks Collapse

At 9:41 AM Tokyo (8:41 PM EST Thursday evening), the NIKK and Topix are each down -0.7% and ASX 200 and KOSPI each down marginally. US futures are weak. S&P -7. Dow -58. Nasdaq -15. Euro 1.1130. Dollar/yen 119.89. Pound 1.5252. Aussie dollar 0.7006.

WTIC oil 46.73. Brent oil 50.71. Natural gas 2.72. Gold 1126. Silver 14.67. Copper is down -0.6% to 2.37.

US Treasury yields are; 2-year 0.70%, 5-year 



















[Text is Redacted: Purchase September 2015-09 to Read the Complete Chronology]


































......1.47%, 10-year 2.13%, 30-year 2.89%. The 2-10 spread is 142 basis points flattening slightly compared to this morning. The banks want to see a steeper yield curve. The 5-30 spread is 142 bips. German bund 0.665%. The US-German 10-year yield spread is 146 bips. Japan 10-year yield 0.402%.

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