Reuters Money: August 25, 2015

Click to View in Browser Tuesday, August 25, 2015 Canadian banks brace for impact from oil price selloff TORONTO/OTTAWA (Reuters) - Canadian banks are expected to begin feeling the impact of an extended downturn in the energy sector as they exercise caution with new and existing loans to companies and individuals. Fed 'put' no cause for relief: James Saft (James Saft is a Reuters columnist. The opinions expressed are his own) Hedge funds put brave face on stocks turmoil, some see bargains By Svea Herbst-Bayliss, Lawrence Delevingne and Tim McLaughlin Investor confidence lags recovery of stock markets NEW YORK (Reuters) - Confidence among affluent investors was already slipping before the stock market rout in China sent U.S. markets plunging last week and on Monday, according to a monthly index calculated by Spectrem Group, a Chicago-based research company. Calstrs CIO tells CNBC that pension fund has long-term focus SAN FRANCISCO (Reuters) - The California State Teachers' Retirement System's Chief Investment Officer Christopher J. Ailman said on CNBC on Monday that the public pension fund is focused on the long-term amid this "choppy seas" marketplace. What to do on Monday about that stock market selloff NEW YORK (Reuters) - Last week's $1 trillion stock market selloff was scary. After almost seven years of bull market, we were all reminded of the fallibility of our retirement accounts and college nest eggs - as in: yikes, this can really fall fast. Exclusive: DoubleLine's Gundlach says U.S. equity markets face another major leg down NEW YORK (Reuters) - DoubleLine Capital co-founder Jeffrey Gundlach, widely followed for his investment calls, warned on Monday that the U.S. equity markets face another round of selling pressure. Exclusive: BlackRock's Rieder says 'window closing' on possible Fed September move (Reuters) - BlackRock Inc's chief investment officer of fundamental fixed income, Rick Rieder, believes the window for the U.S. Federal Reserve to raise interest rates is closing, he said in an interview on Monday. China's plunge has emerging market funds looking closer to home NEW YORK/BOSTON (Reuters) - With Chinese stocks down nearly 9 percent on Monday and Latin American countries already hurting, some top-performing emerging market fund managers are throwing in the towel when it comes to playing once-hot overseas growth stories. Allianz's El-Erian says market turmoil creating opportunity: CNBC NEW YORK (Reuters) - Mohamed El-Erian, chief economic adviser at Allianz SE, said Monday that turmoil in stock markets was creating opportunities for investors, but could prevent the Federal Reserve from hiking interest rates next month. Related Video Fed rate hike could be delayed until 2016 - Nick Colas Apple boosted global market share in Q2- Gartner Related News Wall Street rebounds sharply after global market rout China cuts rates, reserve ratio after stocks plummet again Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2015 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook