—- MorganStanleyWarnsOf "Real Pain" IfChineseCurrencyKeepsDevaluing // ZeroHedge The seemingly incessant strengthening trend of the Chinese Yuan (much as with the seemingly inexorable rise of US equities or home prices) has encouraged hugeamountsofstructuredproductsto be createdoverthepastfewyearsenablingtraderstopositionfor more ofthesameinincreasinglyleveredways. That was all going great until the last few weeks which has seen China enter the currency wars (as we explained here). The problem, among many facing China, is … Seguir leyendo Morgan Stanley Warns Of “Real Pain” If Chinese Currency Keeps Devaluing

—- RussiaRespondsToUSWarning: ExpandsMilitaryPresenceGlobally // ZeroHedge Shortly after the US warned Russia over its "provocative actions" with regard Ukraine… *KERRY: RUSSIAMILITARYMOVEONUKRAINEWOULD BE GRAVE MISTAKE RiaNovostireports defenseminister Sergei ShoigusayingRussiaplans "toexpandpermanentmilitarypresenceoutsideitsbordersbyplacingmilitary bases in a numberofforeigncountries," including Vietnam, Cuba, Venezuela, Nicaragua, the Seychelles, and Singapore. "The talks are under way, and we are close to signing the relevant documents," Shoigu told reporters in Moscow. ViaRiaNovosti, Russiaisplanningtoexpanditspermanentmilitarypresenceoutsideitsbordersbyplacingmilitary bases in a … Seguir leyendo Russia Responds To US Warning: Expands Military Presence Globally

—- BankRunFull Frontal: UkrainiansWithdrew 7% OfAllDepositsInTwoDays // ZeroHedge Well that escalated quickly. It seems the ouster of Yanukovych, heralded by so many in the West as a positive, has done nothing to quell the fear of further economic collapse in Ukraine: *UKRAINIANSWITHDREW AS MUCH AS 7% OFDEPOSITS FEB. 18-20: KUBIV*DEPOSITWITHDRAWALSSTILLHIGHINTHEEAST, KUBIVSAYS This is around a 30 billion Hyrvnia loss (over $3 billion) in just 2 … Seguir leyendo Bank Run Full Frontal: Ukrainians Withdrew 7% Of All Deposits In Two Days

—- UkraineCurrencyCrashesToRecordLow // ZeroHedge Russia’searlier "default" warning (orthreat) has not just impacted Ukrainian bonds but the currency is crashing. TheHyrvniaisdown a stunning 6.8% today – thebiggestdropsince Feb 2009 – to a recordlow 9.8 totheUSDollar. This crisis is far from over and we would expect capital controls in 3…2…1… —- Shared via myfeedlyreader Seguir leyendo Ukraine Currency Crashes To Record Low