HALISTER1: Jho Low’s Private Jet Shines Light on New Zealand’s Murky Trusts

Jho Low’s Private Jet Shines Light on New Zealand’s Murky Trusts

Alert: HALISTER1
Source: BN (Bloomberg News)

Tickers
0206021D MK (1Malaysia Development Bhd)

People
Grant Robertson (Labour Party)
Jynwel Capital Limited (Jynwel Capital Ltd)
Low Taek Jho (Jynwel Capital Ltd)
Simon English (New Zealand)
Steven Joyce (New Zealand)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: iTraxx Snr Financial CDS Approaching Possible Fade Area at 96bps

iTraxx Snr Financial CDS Approaching Possible Fade Area at 96bps

(Bloomberg) -- iTraxx Europe Senior Financial CDS index now widening for third day, fast approaching the double-moving average zone at 96bps where the move may abate, Bloomberg technical analyst Sejul Gokal writes.
  • See live chart here; CDS index (CBIL source) now at 96bps, 13bps wider since late January as political uncertainty drives higher cost of financial protection
  • 100/200-DMA’s at 96bps
  • Additional resistance at 97bps, the halfway point of November-January tightening phase and then head-and- shoulders measured objective at 99bps
  • Momentum is firming with MACD trying to settle above zero, which keeps the widening theme in play, even as tactically, CDS spread may contract against aforementioned resistance
  • Rise in cost of protection over past month led by 3 French banks, with CDS widening on average 15bps (or +0.8 z-score)
  • NOTE: Sejul Gokal is a technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice.
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here

UUID: 7947283

HALISTER1: Eike Batista Is Accused by Brazil Federal Police: Globo

Eike Batista Is Accused by Brazil Federal Police: Globo

(Bloomberg) -- (Machine translation provided by Google and reviewed by Bloomberg editors.)
  • Federal Police indicted businessman Eike Batista and 11 other people in Operation Efficiency, which investigates crimes of money laundering, corruption and criminal organization in contracts with government of Rio de Janeiro state, according to information from newspapers O Globo and Extra.
  • Eike arrived at the Federal Police Superintendent’s Office in Rio at 9:22am to testify, but according to his lawyer he will remain silent in the testimony and must provide clarifications only in court, according to information from the newspapers
  • Eike Batista’s lawyer Fernando Martins was not found by Bloomberg in his office and did not immediately return call with request for comments
  • Click here to read the report
  • NOTE: Brazil Police Accuse 12 People in Rio Corruption Probe NSN OL21G26TTDS1
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
0118260D BZ (EBX Brasil SA)

People
Eike Batista (EBX Group Co Ltd)
Sergio Cabral (State of Rio De Janeiro)

To de-activate this alert, click here

UUID: 7947283