Monday, October 8, 2018

MONDAY 10/8/18; Columbus Day; Cascading Global Selloff; Bolsonaro Wins First Round of Brazilian Election; SSEC (China) Mini-Crashes -3.7%; CSI300 -4.3%; Shenzhen -3.8%; HSI (Hong Kong) Drops -1.4%; Chinese Yuan Weakens Past 6.93; Indian Rupee Weakens Past 74; DAX (Germany) Collapses -1.4%; CAC -1.1%; FTSE -1.2%; MIB (Italy) Mini-Crashes -2.4%; PSI (Portugal) Sinks -1.6%; VIX Above 18

Today is Columbus Day in the States. The bond markets are closed but the stock markets are open. Banks and the US Post Office are closed. Japan is not trading due to the Sports and Health Day holiday.

Mainland China will trade after 

[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-10 that explains the October stock market crash in real-time as it occurs.]

SUNDAY 10/7/18; China Cuts Triple R’s; Brazil Election

An odd and disturbing story surfaces at the Saudi Arabia Embassy in Turkey. A Saudi journalist, Jamal Khashoggi, that frequently criticized the Kingdom, is feared murdered inside the Saudi consulate by a kill team of one dozen assassins. The journalist has not been seen for five days and his body has not turned up anywhere. Turkey President Erdogan says an investigation is underway. Turkey and Saudi relations are further strained. The world is an ugly place.

[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-10 that explains the October stock market crash in real-time as it occurs.]

Sunday, October 7, 2018

September Publication of the Daily Chronology of Global Markets and World Economics 2018-09 is Available from Amazon

The September publication of the Daily Chronology of Global Markets and World Economics 2018-09 is available from Amazon.

The Daily Chronology of Global Markets and World Economics 2018-10 for October is tentatively set for publication by Amazon on Saturday, 11/3/18.

Friday, October 5, 2018

SATURDAY 10/6/18; Brett Kavanaugh Sworn-In to Supreme Court

SPX 2886. INDU 26447. COMPQ 7788. RUT 1632. NIKK 23784. SPAX200 6186. KOSPI 2268. SSEC 2821 (China did not trade last week due to the Golden Week holiday). HSI 26573. BSE 34377. DAX 12112. CAC 5359. FTSE 7319. MIB 20346. IBEX 9254. PSI 5204.


A 5.9 magnitude earthquake hits 

[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-10 that explains the October stock market crash in real-time as it occurs.]

FRIDAY 10/5/18; RBI (India) Rate Decision; Indian Rupee Weakens Past 74; US Monthly Jobs Report; International Trade; BSE Sensex (India) -2.4%; Nifty (India) Plummets -2.666%; FTSE (UK) Dumps -1.4%; MIB (Italy) Sinks -1.3%; Bond Yields Continue Higher; Consumer Credit; Stocks Selloff; SOX (Semiconductors) Collapses -2.3%

Euro 1.1517. Dollar/yen 113.88. Pound 1.3025. Indonesian rupiah 15179. Philippine peso 54.34. Aussie dollar 0.7077. Korean won 1129.82. Dollar/yuan 6.8688. Indian rupee 73.5838. The Reserve Bank of India provides its rate decision in a few hours. Many analysts expect a rate hike to stem the record-setting drop in the rupee.

[Blog text is redacted. Purchase the September publication 2018-09 that explains the daily moves in global stock, bond and Forex markets.]

Wednesday, October 3, 2018

THURSDAY 10/4/18; US Dollar Index Above 96; US Yield Curve Steepens with 2-10 Spread Above 33 Bips; KOSPI (South Korea) Loses -1.5%; HSI (Hong Kong) Collapses -1.7%; BSE Sensex (India) Plummets -2.2%; Nifty Retreats -2.4%; Challenger Job-Cut Report; STZ; Factory Orders; CAC (France) Loses -1.5%; COMPQ (Nasdaq Composite) Plummets -1.8%; NDX (Nasdaq 100) Drops -1.9%; RUT (Russell 2000) Retreats -1.5%; COST

S&P -7. Dow -60. Nasdaq -19. Russell -5.

[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-10 that explains the October stock market crash in real-time as it occurs.]

WEDNESDAY 10/3/18; Italy Budget Drama Continues; Italy 10-Year Yield Blows-Out Above 3.44%; WTIC Oil Above 76; Brent Oil Above 86; Indian Rupee Weakens Past 73; BSE Sensex (India) Collapses -1.5%; Global PMI Services Indexes; AYI; LEN; Fed Speak Including Chairman Powell; ADP Employment Report; ISM Non-Mfg Index; Greece Banks Crash; US 2-10 Yield Spread Above 29 Bips: US Bond Selloff; KRE (Regional Banks) Jump +2.4%; INDU (Dow) and AAPL (Apple) Print Record Highs; PIR; US Dollar Index Above 96

Euro 1.1552. Dollar/yen 113.64. Pound 1.2982. Korean won 1119. Philippine peso 54.32. Indonesian rupiah 15043. Indian rupee 72.9125. Dollar/yuan 6.8688. Aussie dollar 0.7188. USD 95.49.

[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-10 that explains the October stock market crash in real-time as it occurs.]