Top Tweets Today: 05/11/2015

Time might be running up for the third biggest platinum producer in the world, Lonmin Plc as it warned investors ahead of a proposed cash injection from a share sale, that should it not go through the company will be faced with no options but to close it's doors.

Management wants to raise $400 million to help reduce its debt levels that are hampering the company's profitability. Added to this the platinum price has hit lows crippling the entire platinum mining industry.

The company has fallen on hard times after a period where short term loans were taken out to keep operations continuing however with the slump in plaitnum prices has reduced the company's ability to service these debt let alone pay them down.

#Lonmin threatens shareholder - says it may close if share sale fails https://t.co/j6DmICDpUm @andrejvuuren

— Bloomberg Africa (@BBGAfrica) November 4, 2015

Not so long ago there was an increasing cloud of negative comments coming from the investing community over Chinese authorities failure to prevent a hard landing. So much so it was the cause of a mini meltdown in global financial markets.

However with economic data numbers slowly stabilising, although still bad it is still better than armegaddon as was predicted a few months back. Fed Chair Janet Yellen even cited the headwinds to global markets stenmming from the Chinese stock market rout as a risk to raising rates in the US.

 Today was the turn of the Chinese to throw stones at their economic counterparts in an attempt to get investors off their scent of the real situation happening in China. Weighing both economies up, China is the better of the two because it has a lot more policy options still open it can implemented in addtion to existing measures.

The US however is stting with near zero interest rates and a lack of activity pushing the economy forward. I tend to side with the Chinese on this view when you think of the scale of money that had been created since 2011 that needed to find a home where returns would satisfy investors appetite. Most of that all went into emerging market economies, a part of the world economy that has really been battered this year.

In essence as the date draws nearer to hiking rates all the money that flowed out of the US is now making it's way home putting a tight grip on dollar strength. This will continue to be a theme that will dominant investors mood to investing.  

*CHINA SAYS FED INTEREST RATE HIKE MAY LEAD TO GLOBAL TURBULENCE

— IGSquawk (@IGSquawk) November 5, 2015