JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-SEPTEMBER 15,2015-12:00AM
DOW MARKET TUESDAY-SEPT 15,2015
09:30AM-35.09
10:00AM-49.80
10:30AM-89.42
11:00AM-162.21
11:30AM-153.66
12:00PM-158.70
12:30PM-178.81
01:00PM-174.57
01:30PM-221.24
02:00PM-217.66
02:30PM-229.09
03:00PM-257.05
03:30PM-257.18
04:00PM-228.89+ 16,599.85
HIGH +267 LOW +06
TSX +109.37 13,462.71 - GOLD -$4.00 $1,105.10 - OIL +$0.67 $44.67
Dow jumps 228 points as industrials lead Wall Street rally-Published: Sept 15, 2015 4:07 p.m. ET-market watch-By Anora Mahmudova-Reporter
U.S. stocks mounted a mini rally Tuesday, with the main indexes scoring their third winning session of the last four, led by a rebound in industrials, financials and health-care shares. The S&P 500 SPX, +1.28% gained 25.05 points, or 1.3% to 1,978.09. The Dow Jones Industrial Average DJIA, +1.40% jumped 228.89 points, or 1.4%, to 16,599.85. The Nasdaq Composite COMP, +1.14% ended the day up 54.76 points, or 1.1% at 4,860.52.
China, Brazil Among Emerging Markets at Risk of Bank Crisis-Tom Beardsworth Lyubov Pronina-Updated on September 14, 2015 — 5:45 AM EDT-bloomberg
Credit growth in China, Brazil and Turkey doesn’t only risk spurring a hangover in bad debt -- it also signals a banking crisis is on the horizon, according to the Bank for International Settlements.A ratio of credit to gross domestic product, a measure of how much private-sector credit has deviated from its long-term trend, stands at 25.4 percent in China, BIS said in a report on Sunday. That’s the highest of any major economy and compares with 16.6 percent in Turkey and 15.7 percent in Brazil.“Early warning indicators of banking stress pointed to risks arising from strong credit growth,” according to the bank. Historically, a country with a ratio above a 10 percent threshold has a two-thirds chance of “serious banking strains” occurring within three years, BIS said.The world’s biggest developing nations were quick to recover from the 2008 global financial crisis, financing expansion in a borrowing spree, and now as growth subsides, lenders are grappling with mounting bad loans. China’s shock devaluation of the yuan last month roiled global markets on concern a slowdown in the world’s second-largest economy was deepening.-Banking Strains-The risk in China is a legacy of a record 17.6 trillion-yuan ($2.8 trillion) lending boom unleashed by former Premier Wen Jiabao in 2009. Non-performing loans in the country in the first quarter climbed by the most since that data became available in 2004, reaching 982.5 billion yuan. That’s almost the size of Vietnam’s economy.Like China, Indonesia, Singapore and Thailand also have credit-to-GDP ratios that exceed 10 percent and are therefore vulnerable to banking strains, the BIS report shows.The biggest banks in Brazil, which is in the midst of the worst contraction in a quarter century, are boosting provisions to cover their bad loans. Banco do Brasil SA, Latin America’s largest bank by assets, last month increased money set aside for bad loans by 21 percent. The state-owned bank and Banco Bradesco SA were among 13 financial-services firms in Brazil that had their global scale ratings lowered by Standard & Poor’s last week after the nation’s credit grade was cut to junk.“Estimated debt service ratios also pointed to continuing risks,” BIS said in the report. For example, “households and firms in Brazil, China and Turkey spent significantly more on servicing their debt than in the past.”BIS separately said that the amount of international debt securities issued by emerging-market non-financial companies stood at $75 billion in the first half of this year, compared with $161 billion for the whole of 2014 and $189 billion in 2013.Borrowers continued to rely on dollar debt sales while increasing euro-denominated issuance to $16 billion in the first half, equivalent to total sales in the currency in 2014.Credit growth in China, Brazil and Turkey doesn’t only risk spurring a hangover in bad debt -- it also signals a banking crisis is on the horizon, according to the Bank for International Settlements.A ratio of credit to gross domestic product, a measure of how much private-sector credit has deviated from its long-term trend, stands at 25.4 percent in China, BIS said in a report on Sunday. That’s the highest of any major economy and compares with 16.6 percent in Turkey and 15.7 percent in Brazil.“Early warning indicators of banking stress pointed to risks arising from strong credit growth,” according to the bank. Historically, a country with a ratio above a 10 percent threshold has a two-thirds chance of “serious banking strains” occurring within three years, BIS said.The world’s biggest developing nations were quick to recover from the 2008 global financial crisis, financing expansion in a borrowing spree, and now as growth subsides, lenders are grappling with mounting bad loans. China’s shock devaluation of the yuan last month roiled global markets on concern a slowdown in the world’s second-largest economy was deepening.Banking Strains-The risk in China is a legacy of a record 17.6 trillion-yuan ($2.8 trillion) lending boom unleashed by former Premier Wen Jiabao in 2009. Non-performing loans in the country in the first quarter climbed by the most since that data became available in 2004, reaching 982.5 billion yuan. That’s almost the size of Vietnam’s economy.Like China, Indonesia, Singapore and Thailand also have credit-to-GDP ratios that exceed 10 percent and are therefore vulnerable to banking strains, the BIS report shows.The biggest banks in Brazil, which is in the midst of the worst contraction in a quarter century, are boosting provisions to cover their bad loans. Banco do Brasil SA, Latin America’s largest bank by assets, last month increased money set aside for bad loans by 21 percent.The state-owned bank and Banco Bradesco SA were among 13 financial-services firms in Brazil that had their global scale ratings lowered by Standard & Poor’s last week after the nation’s credit grade was cut to junk.“Estimated debt service ratios also pointed to continuing risks,” BIS said in the report. For example, “households and firms in Brazil, China and Turkey spent significantly more on servicing their debt than in the past.”BIS separately said that the amount of international-debt securities issued by emerging-market non-financial companies stood at $75 billion in the first half of this year, compared with $161 billion for the whole of 2014 and $189 billion in 2013.Borrowers continued to rely on dollar debt sales while increasing euro-denominated issuance to $16 billion in the first half, equal to total sales in the currency in 2014.
China Stocks Sink Again as Growth Concerns Spur Investor Exodus-Bloomberg News-Updated on September 15, 2015 — 4:13 AM EDT
China’s stocks slumped for a second day in thin turnover amid concern government measures to support the world’s second-largest equity market and economy are failing.The Shanghai Composite Index dropped 3.5 percent to 3,005.17 at the close, led by commodity producers and technology companies. About 14 stocks declined for each one that rose on the gauge, while volumes were 36 percent below the 30-day average. The index completed its biggest two-day loss in three weeks with a decline of 6.1 percent.Mainland Chinese equity funds lost 44 percent of their value at the end of last month compared with July, data showed Monday, as unprecedented state measures to stop a $5 trillion selloff failed to avert redemption. Data this month showed five interest-rate cuts since November and plans to boost state spending have yet to revive an economy weighed down by overcapacity and producer-price deflation. Yuan positions at the central bank and financial institutions fell by the most on record in August, a sign that policy makers stepped up intervention to support the currency.“The economy has not shown signs of a pick up after a series of cuts in interest rates and reserve requirements, while expectations about yuan depreciation are still there,” said Zhang Haidong, chief strategist at Jinkuang Investment Management in Shanghai. “Yuan-denominated assets face downward pressure. The market is still weak.”Still Expensive-The CSI 300 Index declined 3.9 percent. Hong Kong’s Hang Seng China Enterprises Index slipped 0.3 percent, while the Hang Seng Index retreated 0.5 percent.The Shanghai index may fall to 2,700 as stocks are still expensive, said Francis Cheung, CLSA head of China and Hong Kong strategy, said in a briefing on Tuesday. Equities on mainland bourses traded at a median 45 times reported earnings last week. That’s the highest among the 10 largest markets and more than twice the 18 multiple for the Standard & Poor’s 500 Index. The Shanghai Composite, where low- priced banks have some of the biggest weightings, has a ratio of 15.Gauges of technology and material stocks on the CSI 300 slumped more than 6 percent for the biggest declines among industry groups. Searainbow Holding Corp. and Yunnan Copper Co. both tumbled by the 10 percent daily limit.-Equity Funds-The 569 open-ended mainland Chinese stock funds had combined net asset values of 724.8 billion yuan ($113.8 billion) in August, compared with 1.3 trillion yuan in July, according to data posted on the website of the Asset Management Association of China on Monday. The industry body didn’t explain the reason for the decline. The Shanghai Composite fell 12 percent in August.Margin debt on the Shanghai Stock Exchange dropped to a nine-month low of 599.9 billion yuan on Monday. Traders have cut leveraged bets on Chinese bourses by more than half since the peak this year to $154 billion.Barclays Plc. cut its forecast for the nation’s growth next year to 6 percent from 6.6 percent after data Sunday showed industrial output missed economists’ forecasts Sunday, while investment in the first eight months increased at the slowest pace since 2000. Bloomberg’s monthly gross domestic product tracker was at 6.64 percent last month, barely changed from July.In a juggling act that’s getting more complex by the month, authorities are seeking to cushion the slowdown, support the stock market, stabilize the yuan and press on with reforms to open up the economy. The latest steps include plans to reform state-owned enterprises, reductions to capital requirements for some investment projects, and efforts to lure more private money for public projects.
China Brokers Shut Out of Own Futures Market Try Singapore-Amy Li and Helen Yuan-Updated on September 15, 2015 — 4:25 AM EDT-bloomberg
Chinese brokerages ruing the collapse of futures trading in Shanghai are pitching clients similar contracts in Singapore."Goodbye, China Financial Futures Exchange; Hello, FTSE A50!" reads an advertisement by a unit of Shenzhen-based Essence Securities Co. on the WeChat messaging service, referring to Singapore-traded futures on an index of the biggest mainland companies.China’s domestic equity futures market, ranked the world’s busiest as recently as July, has seen volumes plunge 99 percent since June as policy makers curbed leverage and position sizes and announced investigations into “malicious” short sellers. That’s left brokerages, which boosted staff numbers by 50 percent since 2011, turning to promoting contracts on the SGX FTSE China A50 Index as an alternative."Investors and hedge funds are showing great interest switching to overseas markets," Zhu Bin, deputy general manager of Hangzhou-based Nanhua Futures Co., said. "Foreign investors who have positions in mainland equities will also turn to Singapore to hedge their positions."Volume in Singapore-listed front-month futures on the FTSE A50 gauge rose to 281,000 contracts on Monday. That was more than 10 times the number of contracts that changed hands on the CSI 300 Index. At end of June, 3.2 million contracts were being traded a day on the mainland Chinese gauge.-Equity Rout-Trading in both futures markets soared as China’s benchmark stock index rallied more than 150 percent in the 12 months through the June 12 peak. The Shanghai Composite Index has since tumbled 41 percent, helping to erase $5 trillion of value on mainland bourses. The equity measure slid 3.5 percent at the close, as mainland and Singapore futures declined.Increased interest in FTSE A50 index contracts would be a boon to Singapore Exchange Ltd. Southeast Asia’s biggest bourse posted a 24 percent increase in profit in the three months to June 30 as the rally in Chinese stocks spurred demand for derivatives.While volumes on the FTSE A50 index futures rose to the highest level since Sept. 2 on Monday, trading has waned since the peak this year as China’s equity boom turned to bust. The 30-day average has fallen to about 301,000 contracts, half the 641,000 high in mid-July.Futures Targeted-China Financial Futures Exchange declined to comment when contacted by Bloomberg News. Singapore Exchange wasn’t immediately available for comment.China’s authorities are targeting futures because selling the contracts is one of the easiest ways for investors to make large wagers against stocks. It’s also a favored product for short-term speculators as the exchange allows participants to buy and sell the same contract in a single day. Yet for hedge funds, futures provide an easy way to adjust exposure to market swings, while large institutions use them to make cost- effective asset-allocation changes.There are obstacles to trading of overseas stock-index futures. China’s capital controls limit foreign currency purchases to $50,000 a year per individual, while investors need to set up an account at a Hong Kong broker, which can be a unit of a China securities firm, before they can trade overseas contracts.Speculative traders are being drawn to the FTSE A50 index, while the higher costs from currency transactions and commission fees compared with the CSI 300 deter others, according to Shanghai CIFCO Futures Co. analyst Wang Yiming."Once the market recovers, China may gradually ease its restrictions on futures trading," Wang said.
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
CHINA DEVALUES CURRENCY FOR AMERICAN INTEREST RATE RISE SPECULATION
http://israndjer.blogspot.ca/2015/09/the-shemitahs-here-how-will-world.html
http://israndjer.blogspot.ca/2015/09/chinas-new-normal-growth-model-is.html
http://israndjer.blogspot.ca/2015/09/dow-down-239-points-yesterdayindia.html
http://israndjer.blogspot.ca/2015/09/does-currency-manipulation-devaluations.html
http://israndjer.blogspot.ca/2015/09/after-holiday-back-to-markets-what-will.html
http://israndjer.blogspot.ca/2015/09/father-of-euro-fears-of-eu-super-state.html
http://europa.eu/rapid/press-release_IP-15-5240_en.htm
http://israndjer.blogspot.ca/2015/09/with-labour-day-holiday-today-in-canada.html
http://israndjer.blogspot.ca/2015/09/rumours-next-year-european-union-is.html
http://israndjer.blogspot.ca/2015/09/dow-up-meer-23-points-yesterday-after.html
http://israndjer.blogspot.ca/2015/09/china-is-on-holidays-for-rest-of-week.html
http://israndjer.blogspot.ca/2015/09/china-should-clearly-explain-their.html
http://israndjer.blogspot.ca/2015/08/whats-real-reason-for-latest-market.html
http://israndjer.blogspot.ca/2015/08/last-day-of-aug-trading-what-will-sept.html
http://israndjer.blogspot.ca/2015/08/after-619-point-rise-yesterday-see-what.html
http://israndjer.blogspot.ca/2015/08/yesterday-dow-was-up-440-points-and.html
http://israndjer.blogspot.ca/2015/08/i-believe-this-china-devaluing-of-its.html
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-SEPTEMBER 15,2015-12:00AM
DOW MARKET TUESDAY-SEPT 15,2015
09:30AM-35.09
10:00AM-49.80
10:30AM-89.42
11:00AM-162.21
11:30AM-153.66
12:00PM-158.70
12:30PM-178.81
01:00PM-174.57
01:30PM-221.24
02:00PM-217.66
02:30PM-229.09
03:00PM-257.05
03:30PM-257.18
04:00PM-228.89+ 16,599.85
HIGH +267 LOW +06
TSX +109.37 13,462.71 - GOLD -$4.00 $1,105.10 - OIL +$0.67 $44.67
Dow jumps 228 points as industrials lead Wall Street rally-Published: Sept 15, 2015 4:07 p.m. ET-market watch-By Anora Mahmudova-Reporter
U.S. stocks mounted a mini rally Tuesday, with the main indexes scoring their third winning session of the last four, led by a rebound in industrials, financials and health-care shares. The S&P 500 SPX, +1.28% gained 25.05 points, or 1.3% to 1,978.09. The Dow Jones Industrial Average DJIA, +1.40% jumped 228.89 points, or 1.4%, to 16,599.85. The Nasdaq Composite COMP, +1.14% ended the day up 54.76 points, or 1.1% at 4,860.52.
China, Brazil Among Emerging Markets at Risk of Bank Crisis-Tom Beardsworth Lyubov Pronina-Updated on September 14, 2015 — 5:45 AM EDT-bloomberg
Credit growth in China, Brazil and Turkey doesn’t only risk spurring a hangover in bad debt -- it also signals a banking crisis is on the horizon, according to the Bank for International Settlements.A ratio of credit to gross domestic product, a measure of how much private-sector credit has deviated from its long-term trend, stands at 25.4 percent in China, BIS said in a report on Sunday. That’s the highest of any major economy and compares with 16.6 percent in Turkey and 15.7 percent in Brazil.“Early warning indicators of banking stress pointed to risks arising from strong credit growth,” according to the bank. Historically, a country with a ratio above a 10 percent threshold has a two-thirds chance of “serious banking strains” occurring within three years, BIS said.The world’s biggest developing nations were quick to recover from the 2008 global financial crisis, financing expansion in a borrowing spree, and now as growth subsides, lenders are grappling with mounting bad loans. China’s shock devaluation of the yuan last month roiled global markets on concern a slowdown in the world’s second-largest economy was deepening.-Banking Strains-The risk in China is a legacy of a record 17.6 trillion-yuan ($2.8 trillion) lending boom unleashed by former Premier Wen Jiabao in 2009. Non-performing loans in the country in the first quarter climbed by the most since that data became available in 2004, reaching 982.5 billion yuan. That’s almost the size of Vietnam’s economy.Like China, Indonesia, Singapore and Thailand also have credit-to-GDP ratios that exceed 10 percent and are therefore vulnerable to banking strains, the BIS report shows.The biggest banks in Brazil, which is in the midst of the worst contraction in a quarter century, are boosting provisions to cover their bad loans. Banco do Brasil SA, Latin America’s largest bank by assets, last month increased money set aside for bad loans by 21 percent. The state-owned bank and Banco Bradesco SA were among 13 financial-services firms in Brazil that had their global scale ratings lowered by Standard & Poor’s last week after the nation’s credit grade was cut to junk.“Estimated debt service ratios also pointed to continuing risks,” BIS said in the report. For example, “households and firms in Brazil, China and Turkey spent significantly more on servicing their debt than in the past.”BIS separately said that the amount of international debt securities issued by emerging-market non-financial companies stood at $75 billion in the first half of this year, compared with $161 billion for the whole of 2014 and $189 billion in 2013.Borrowers continued to rely on dollar debt sales while increasing euro-denominated issuance to $16 billion in the first half, equivalent to total sales in the currency in 2014.Credit growth in China, Brazil and Turkey doesn’t only risk spurring a hangover in bad debt -- it also signals a banking crisis is on the horizon, according to the Bank for International Settlements.A ratio of credit to gross domestic product, a measure of how much private-sector credit has deviated from its long-term trend, stands at 25.4 percent in China, BIS said in a report on Sunday. That’s the highest of any major economy and compares with 16.6 percent in Turkey and 15.7 percent in Brazil.“Early warning indicators of banking stress pointed to risks arising from strong credit growth,” according to the bank. Historically, a country with a ratio above a 10 percent threshold has a two-thirds chance of “serious banking strains” occurring within three years, BIS said.The world’s biggest developing nations were quick to recover from the 2008 global financial crisis, financing expansion in a borrowing spree, and now as growth subsides, lenders are grappling with mounting bad loans. China’s shock devaluation of the yuan last month roiled global markets on concern a slowdown in the world’s second-largest economy was deepening.Banking Strains-The risk in China is a legacy of a record 17.6 trillion-yuan ($2.8 trillion) lending boom unleashed by former Premier Wen Jiabao in 2009. Non-performing loans in the country in the first quarter climbed by the most since that data became available in 2004, reaching 982.5 billion yuan. That’s almost the size of Vietnam’s economy.Like China, Indonesia, Singapore and Thailand also have credit-to-GDP ratios that exceed 10 percent and are therefore vulnerable to banking strains, the BIS report shows.The biggest banks in Brazil, which is in the midst of the worst contraction in a quarter century, are boosting provisions to cover their bad loans. Banco do Brasil SA, Latin America’s largest bank by assets, last month increased money set aside for bad loans by 21 percent.The state-owned bank and Banco Bradesco SA were among 13 financial-services firms in Brazil that had their global scale ratings lowered by Standard & Poor’s last week after the nation’s credit grade was cut to junk.“Estimated debt service ratios also pointed to continuing risks,” BIS said in the report. For example, “households and firms in Brazil, China and Turkey spent significantly more on servicing their debt than in the past.”BIS separately said that the amount of international-debt securities issued by emerging-market non-financial companies stood at $75 billion in the first half of this year, compared with $161 billion for the whole of 2014 and $189 billion in 2013.Borrowers continued to rely on dollar debt sales while increasing euro-denominated issuance to $16 billion in the first half, equal to total sales in the currency in 2014.
China Stocks Sink Again as Growth Concerns Spur Investor Exodus-Bloomberg News-Updated on September 15, 2015 — 4:13 AM EDT
China’s stocks slumped for a second day in thin turnover amid concern government measures to support the world’s second-largest equity market and economy are failing.The Shanghai Composite Index dropped 3.5 percent to 3,005.17 at the close, led by commodity producers and technology companies. About 14 stocks declined for each one that rose on the gauge, while volumes were 36 percent below the 30-day average. The index completed its biggest two-day loss in three weeks with a decline of 6.1 percent.Mainland Chinese equity funds lost 44 percent of their value at the end of last month compared with July, data showed Monday, as unprecedented state measures to stop a $5 trillion selloff failed to avert redemption. Data this month showed five interest-rate cuts since November and plans to boost state spending have yet to revive an economy weighed down by overcapacity and producer-price deflation. Yuan positions at the central bank and financial institutions fell by the most on record in August, a sign that policy makers stepped up intervention to support the currency.“The economy has not shown signs of a pick up after a series of cuts in interest rates and reserve requirements, while expectations about yuan depreciation are still there,” said Zhang Haidong, chief strategist at Jinkuang Investment Management in Shanghai. “Yuan-denominated assets face downward pressure. The market is still weak.”Still Expensive-The CSI 300 Index declined 3.9 percent. Hong Kong’s Hang Seng China Enterprises Index slipped 0.3 percent, while the Hang Seng Index retreated 0.5 percent.The Shanghai index may fall to 2,700 as stocks are still expensive, said Francis Cheung, CLSA head of China and Hong Kong strategy, said in a briefing on Tuesday. Equities on mainland bourses traded at a median 45 times reported earnings last week. That’s the highest among the 10 largest markets and more than twice the 18 multiple for the Standard & Poor’s 500 Index. The Shanghai Composite, where low- priced banks have some of the biggest weightings, has a ratio of 15.Gauges of technology and material stocks on the CSI 300 slumped more than 6 percent for the biggest declines among industry groups. Searainbow Holding Corp. and Yunnan Copper Co. both tumbled by the 10 percent daily limit.-Equity Funds-The 569 open-ended mainland Chinese stock funds had combined net asset values of 724.8 billion yuan ($113.8 billion) in August, compared with 1.3 trillion yuan in July, according to data posted on the website of the Asset Management Association of China on Monday. The industry body didn’t explain the reason for the decline. The Shanghai Composite fell 12 percent in August.Margin debt on the Shanghai Stock Exchange dropped to a nine-month low of 599.9 billion yuan on Monday. Traders have cut leveraged bets on Chinese bourses by more than half since the peak this year to $154 billion.Barclays Plc. cut its forecast for the nation’s growth next year to 6 percent from 6.6 percent after data Sunday showed industrial output missed economists’ forecasts Sunday, while investment in the first eight months increased at the slowest pace since 2000. Bloomberg’s monthly gross domestic product tracker was at 6.64 percent last month, barely changed from July.In a juggling act that’s getting more complex by the month, authorities are seeking to cushion the slowdown, support the stock market, stabilize the yuan and press on with reforms to open up the economy. The latest steps include plans to reform state-owned enterprises, reductions to capital requirements for some investment projects, and efforts to lure more private money for public projects.
China Brokers Shut Out of Own Futures Market Try Singapore-Amy Li and Helen Yuan-Updated on September 15, 2015 — 4:25 AM EDT-bloomberg
Chinese brokerages ruing the collapse of futures trading in Shanghai are pitching clients similar contracts in Singapore."Goodbye, China Financial Futures Exchange; Hello, FTSE A50!" reads an advertisement by a unit of Shenzhen-based Essence Securities Co. on the WeChat messaging service, referring to Singapore-traded futures on an index of the biggest mainland companies.China’s domestic equity futures market, ranked the world’s busiest as recently as July, has seen volumes plunge 99 percent since June as policy makers curbed leverage and position sizes and announced investigations into “malicious” short sellers. That’s left brokerages, which boosted staff numbers by 50 percent since 2011, turning to promoting contracts on the SGX FTSE China A50 Index as an alternative."Investors and hedge funds are showing great interest switching to overseas markets," Zhu Bin, deputy general manager of Hangzhou-based Nanhua Futures Co., said. "Foreign investors who have positions in mainland equities will also turn to Singapore to hedge their positions."Volume in Singapore-listed front-month futures on the FTSE A50 gauge rose to 281,000 contracts on Monday. That was more than 10 times the number of contracts that changed hands on the CSI 300 Index. At end of June, 3.2 million contracts were being traded a day on the mainland Chinese gauge.-Equity Rout-Trading in both futures markets soared as China’s benchmark stock index rallied more than 150 percent in the 12 months through the June 12 peak. The Shanghai Composite Index has since tumbled 41 percent, helping to erase $5 trillion of value on mainland bourses. The equity measure slid 3.5 percent at the close, as mainland and Singapore futures declined.Increased interest in FTSE A50 index contracts would be a boon to Singapore Exchange Ltd. Southeast Asia’s biggest bourse posted a 24 percent increase in profit in the three months to June 30 as the rally in Chinese stocks spurred demand for derivatives.While volumes on the FTSE A50 index futures rose to the highest level since Sept. 2 on Monday, trading has waned since the peak this year as China’s equity boom turned to bust. The 30-day average has fallen to about 301,000 contracts, half the 641,000 high in mid-July.Futures Targeted-China Financial Futures Exchange declined to comment when contacted by Bloomberg News. Singapore Exchange wasn’t immediately available for comment.China’s authorities are targeting futures because selling the contracts is one of the easiest ways for investors to make large wagers against stocks. It’s also a favored product for short-term speculators as the exchange allows participants to buy and sell the same contract in a single day. Yet for hedge funds, futures provide an easy way to adjust exposure to market swings, while large institutions use them to make cost- effective asset-allocation changes.There are obstacles to trading of overseas stock-index futures. China’s capital controls limit foreign currency purchases to $50,000 a year per individual, while investors need to set up an account at a Hong Kong broker, which can be a unit of a China securities firm, before they can trade overseas contracts.Speculative traders are being drawn to the FTSE A50 index, while the higher costs from currency transactions and commission fees compared with the CSI 300 deter others, according to Shanghai CIFCO Futures Co. analyst Wang Yiming."Once the market recovers, China may gradually ease its restrictions on futures trading," Wang said.
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
CHINA DEVALUES CURRENCY FOR AMERICAN INTEREST RATE RISE SPECULATION
http://israndjer.blogspot.ca/2015/09/the-shemitahs-here-how-will-world.html
http://israndjer.blogspot.ca/2015/09/chinas-new-normal-growth-model-is.html
http://israndjer.blogspot.ca/2015/09/dow-down-239-points-yesterdayindia.html
http://israndjer.blogspot.ca/2015/09/does-currency-manipulation-devaluations.html
http://israndjer.blogspot.ca/2015/09/after-holiday-back-to-markets-what-will.html
http://israndjer.blogspot.ca/2015/09/father-of-euro-fears-of-eu-super-state.html
http://europa.eu/rapid/press-release_IP-15-5240_en.htm
http://israndjer.blogspot.ca/2015/09/with-labour-day-holiday-today-in-canada.html
http://israndjer.blogspot.ca/2015/09/rumours-next-year-european-union-is.html
http://israndjer.blogspot.ca/2015/09/dow-up-meer-23-points-yesterday-after.html
http://israndjer.blogspot.ca/2015/09/china-is-on-holidays-for-rest-of-week.html
http://israndjer.blogspot.ca/2015/09/china-should-clearly-explain-their.html
http://israndjer.blogspot.ca/2015/08/whats-real-reason-for-latest-market.html
http://israndjer.blogspot.ca/2015/08/last-day-of-aug-trading-what-will-sept.html
http://israndjer.blogspot.ca/2015/08/after-619-point-rise-yesterday-see-what.html
http://israndjer.blogspot.ca/2015/08/yesterday-dow-was-up-440-points-and.html
http://israndjer.blogspot.ca/2015/08/i-believe-this-china-devaluing-of-its.html
