Tuesday, November 24, 2015

WEDNESDAY 11/25/15; DE; Durable Goods; Personal Income and Outlays; US PMI Services Flash; New Home Sales; Consumer Sentiment

Euro 1.0644. Dollar/yen 122.48. Pound 1.5083. USD 99.60. WTIC oil 42.87. Brent oil 45.93. Natural gas 2.20. Gold 1074. Silver 14.16. Copper 2.0545.

US Treasury yields are; 2-year 0.93%, 5-year 1.66%, 10-year 2.24%, 30-year 3.00%. German bund 0.51%. Japan 10-year yield 0.32%.

BOJ Minutes state worries by 




















[Text is Redacted: Purchase November 2015-11 to Read the Complete Chronology]

































The Public School Teachers’ Pension and Retirement Fund of Chicago files a lawsuit against the largest banks for colluding to manipulate the large and lucrative interest rate swaps market. The pension fund alleges that BAC, BCS, BNP Paribas, C, CS, DB, GS, JPM, RBS and UBS are stifling competition to enrich themselves. The banks are not commenting; they are busy colluding to create a counter strategy.

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