TOP MARKETS NEWS: Week 01/20 – 01/26

Weekend 01/25 & 01/26

Virus anxieties cast shadow over Year of the Rat festivities – Reuters
Coronavirus contagion rate makes it hard to control: studies – Reuters

Doctors warn China coronavirus carriers may show no symptoms of illness – scmp
Monitoring China’s Outbreak, and Other Potential Market Shocks – templeton



Friday 01/24

BusinessLive – guardian
Hong Kong’s Hang Seng Index ends shortened Friday trading session 0.2 per cent higher – live – scmp

Fitch Raises Greece’s Status Making It Easier to Sell New Debt – Bloomberg
Fitch Upgrades Greece to ‘BB’; Outlook Positive – fitch
Guggenheim: 10 Macro Themes To Watch In 2020 – Zerohedge
Why The Coronavirus Is A Real Threat To Oil Markets – Zerohedge
“Not Out Of The Woods Yet” – US Manufacturing PMI Stumbles For 2nd Straight Month – Zerohedge
“Economy Failed To Pick Up” But European PMIs Suggest Signs Of Stabilization – Zerohedge

European stocks bounce as WHO says no ‘global emergency’ yet for China virus; data offers relief – cnbc
Bayer faces fourth U.S. Roundup cancer trial in Monsanto home court – Reuters




Thursday 01/23

Business Live – guardian
China shares head for biggest loss in two months, while all Hang Seng constituent stocks decline in Hong Kong – live – scmp

History shows China’s coronavirus impact on markets likely to be short-lived – cnbc
WHO says ‘bit too early’ to declare coronavirus a global emergency – Reuters
Intel’s stock jumps 7% on better-than-expected earnings and revenue – cnbc
JP Morgan International chair urges central banks to prepare for next crisis while times are good – cnbc
Chinese Auto Sales To Face “Big Downward Pressure” In 2020 – Zerohedge
Underperforming Euro auto shares reflect fear of new front in U.S. trade wars – Reuters
Cboe Chief Says Early Hedging of U.S. Election Is ‘Unprecedented’ – Bloomberg
Global: Why QE4 may eventually prove inevitable – nordea
ECB holds interest rates steady and launches strategic review – yahoofinance
Chinese listed companies ramp up virus efforts after president’s call – Reuters


Wednesday 01/22

Business Live – guardian
 Hong Kong, China stocks mixed, as reports of cheaper iPhone boost Hang Seng Index – live – scmp

“It Just Keeps Getting Crazier” – Options Speculation Reaches Record High – Zerohedge
“Buying Momentum Has Fizzled Out”: CTAs Are Now All-In – Zerohedge
After China trade deal, Europe and UK next on Trump’s to-do list – Reuters
Trump claims the EU has ‘no choice’ but to agree a new trade deal – cnbc
Loonie Tumbles After Unexpectedly Dovish BOC Removes “Appropriate Rate” Language – Zerohedge
Trump Says Middle-Class Tax Cut To Be Announced Within Three Months – Zerohedge
J&J forecasts weak annual profit, misses revenue estimates – Reuters
Mystery Rally Makes This Turkish Bank Bigger Than All Rivals – Bloomberg
Tesla Now Valued More Than World’s Largest Automaker After Volkswagen-Like Short Squeeze – Zerohedge
$3 Hit To Oil From Coronavirus? Goldman Says Yes. Here’s Why – investing
Tesla hits $100 billion market cap, setting Elon Musk up for a huge payday – cnbc

Italian Bonds, Stocks Slide As Five Star Leader Steps Down – Zerohedge

Many of China’s provinces cut 2020 GDP growth targets despite easing trade tension – Reuters


Tuesday 01/21

Davos 2020: Greta Thunberg demands urgent action on climate emergency – Day One live – guardian
China markets weighed down by Wuhan outbreak, Hong Kong stocks hit by Moody’s downgrade – live – scmp
Stock market news live: Stock futures edge down slightly, World Economic Forum continues in Davos – yahoo

Netflix ends year strong, but questions surface about 2020 – Marketwatch
Kudlow: Fed’s T-Bill Purchases Are “Basically” QE – Zerohedge
Boeing Tumbles After Admitting More Delays On 737 MAX, FAA Says “No Timeframe” For Return – Zerohedge
The 2020 election has supplanted the trade war as the biggest risk for stocks, survey shows – cnbc
Leaders at Davos doubt China and US will reach a phase 2 trade deal by end of Trump’s term – cnbc
Paul Tudor Jones says this ‘crazy’ stock market run reminds him a lot of ‘early ’99’ – cnbc

Fund managers most optimistic on growth in nearly two years as cash at lowest levels since 2013 – Marketwatch

UBS- Vision impaired – Reuters

UBS cuts mid-term guidance after missing 2019 targets – Marketwatch
BOJ holds fire, nudges up growth forecast on receding global risks – Reuters
Asia shares feel a chill as China virus risks mount – Reuters
The US-China trade deal presents a paradox for markets – invesco




Monday 01/20

WEF calls for greater social mobility as Davos gets under way – business live – guardian
Hong Kong, China stocks mixed in early Monday trading – live – scmp

JPMorgan: Maybe We Were Wrong About The Main Reason To Be Bullish In 2020 – Zerohedge
Funds buy into copper as trade war uncertainty lifts – Reuters
“We Have Seen This Before”: One Bank Asks How Long Investors Will Ignore Record Valuations And Weak EPS – Zerohedge
IMF Slashes Global GDP Forecast For 6th Consecutive Time, Warns “Climate Change” Will Hit Economy – Zerohedge
IMF cuts global growth forecasts as India falters, says bottom may be near – Reuters

IMF says the outlook for the global economy ‘remains sluggish’ as it cuts growth forecasts – cnbc
Tentative Stabilization, Sluggish Recovery? – imf
Oil rises as Libyan oilfields shut down – Reuters
Department store Beales collapses into administration – bbc
China keeps lending benchmark LPR steady for second straight month in January – Reuters