Financial Markets Report - Transforming Money Into Wealth
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Financial Markets Report  - Transforming Money Into Wealth
The Most Trusted Newswire on Finance and the Markets
Curated by Enzo Calamo
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The government has 6.6 billion shares in Lloyds and is looking to sell

The government has 6.6 billion shares in Lloyds and is looking to sell | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
REUTERS/Toby MelvilleThe UK government has extended its plan to sell shares in Lloyds, adding an extra six months on to the scheme.The so-called trading plan,
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47 countries where young people are living in an unemployment crisis

47 countries where young people are living in an unemployment crisis | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Youth unemployment is high in many parts of the world, but for very different reasons.
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Investors are terrified by the '3rd wave' of the financial crisis

Investors are terrified by the '3rd wave' of the financial crisis | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Clients pulled £33 billion from the money manager Aberdeen, which says the industry-wide equity business just had its worst quarter since the financial...
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Job growth climbs, giving the Fed ‘go’ signal

Job growth climbs, giving the Fed ‘go’ signal | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The U.S. economy generated a solid 211,000 jobs, a number that topped expectations and likely turned the final key for the Fed to hike interest rates.
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Mexico is bracing for its biggest default since the 1995 'Tequila Crisis'

Mexico is bracing for its biggest default since the 1995 'Tequila Crisis' | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
"In the case of ICA, almost all of the company’s contracts are denominated in pesos, while $1.35 billion of its debt is denominated in dollars."
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Iran's hidden role in Saudi Arabia's cheap oil stance

Iran's hidden role in Saudi Arabia's cheap oil stance | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Saudi Arabia is highly unlikely to agree to a cut to oil production when OPEC meets this week. A big force could be the kingdom's desire to hurt longtime enemy Iran as it emerges from sanctions.
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U.S. services sector cools, but economy growing at moderate pace | Reuters

U.S. services sector cools, but economy growing at moderate pace | Reuters | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
U.S. services sector activity slowed in November but remained at levels consistent with a steady pace of economic growth for the fourth quarter, a business survey showed on Thursday. Other data
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Saudi Arabia at tipping point due to oil plunge

Saudi Arabia at tipping point due to oil plunge | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Saudi Arabia's big spending on social welfare amid the oil crash is testing the kingdom's ability to keep its budget in the black.
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Janet Yellen Says Economy Is Ripe for Fed Interest Rate Increase - NYTimes.com

Janet Yellen Says Economy Is Ripe for Fed Interest Rate Increase - NYTimes.com | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
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Brazil dives deeper into recession

Brazil dives deeper into recession | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Brazil's announced that economic growth fell X.X% between July and September, a sign that its recession worsened in the second half of the year.
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Paris climate talks: Wall Street cuts lending to coal industry

Paris climate talks: Wall Street cuts lending to coal industry | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
After resisting pressure from activists for years, a growing number of big banks are cutting their lending to the embattled coal industry.
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ECB: Draghi set to give Europe another $500 billion boost

ECB: Draghi set to give Europe another $500 billion boost | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Investors expect the European Central Bank to increase its bond buying program by at least 500 billion euros and to cut interest rates even deeper into negative territory when it meets Thursday.
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These 6 nightmare charts most worry the Bank of England about the financial system

These 6 nightmare charts most worry the Bank of England about the financial system | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The Bank of England's financial-stability report is a goldmine of information about risks to the country's cash.
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Emerging market debt may be 'the next shoe to drop'

Emerging market debt may be 'the next shoe to drop' | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
"Debt has been soaring, and particularly in Asia."
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US auto sales are near a record high

US auto sales are near a record high | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
We could see a record year of auto sales.
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Here comes Markit manufacturing PMI ...

Here comes Markit manufacturing PMI ... | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Slight improvements are expected for manufacturing.
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Manufacturing in U.S. Unexpectedly Shrinks Most Since June 2009

Manufacturing in U.S. Unexpectedly Shrinks Most Since June 2009 | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Manufacturing in the U.S. unexpectedly contracted in November at the fastest pace since the last recession as elevated inventories led to cutbacks in orders and production.
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Wells Fargo CEO John Stumpf: US economy doing well

Wells Fargo CEO John Stumpf: US economy doing well | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
John Stumpf also said the economy will be largely dependent on external factors moving forward.
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The $30 Oil Cliff Threatening Russia's Economy

The $30 Oil Cliff Threatening Russia's Economy | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
For Russia, $30 is the number to watch.
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New Fed rules prohibit emergency loans to companies

New Fed rules prohibit emergency loans to companies | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The Federal Reserve said it will adopt new regulations on emergency corporate lending.
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For richer, for poorer

For richer, for poorer | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
One way or another, America’s government will end up bailing out Puerto Rico
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Here comes flash services PMI ...

Here comes flash services PMI ... | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Economists forecast a print of 55.
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Here comes consumer confidence ...

Consumer confidence is expected to remain elevated in November, according to the latest report from the University of Michigan.
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Jobless Claims in U.S. Decline to Lowest Level in a Month

Jobless Claims in U.S. Decline to Lowest Level in a Month | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
Applications for unemployment benefits fell more than forecast last week as claims moved closer to a four-decade low that shows a resilient labor market.
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Economy in U.S. Expands More Than First Estimated on Inventories

Economy in U.S. Expands More Than First Estimated on Inventories | Financial Markets Report  - Transforming Money Into Wealth | Scoop.it
The U.S. economy expanded at a faster pace in the third quarter than previously reported, reflecting a smaller hit from efforts to rein in bloated inventories.
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Curated by Enzo Calamo
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.