TOP MARKETS NEWS: Week 02/10 – 02/16

Weekend 02/15 & 02/16

Latest on coronavirus spreading in China and beyond – Reuters
China President Xi knew severity of coronavirus weeks before revealing details – usatoday

Covid-19 Contagion – An “Unprecedented” Moment For Our Hyper-Connected Planet – Zerohedge
China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero – Zerohedge
Fiat Chrysler To Shut Serbia Plant As Covid-19-Shock Paralyzes Global Supply Chains – Zerohedge
“I Have No Idea What To Do Now”: South Korean & Japanese Firms Screwed By Shortage Of Chinese Migrant Workers – Zerohedge

 

Thursday 02/13

Berkshire Buys New Stakes In Kroger, Biogen, SPY, VOO: Full 13-F Summary – Zerohedge
BofA: We Are Witnessing The Biggest Asset Bubble Ever Created By A Central Bank – Zerohedge
Liquidity Warning: Fed Shrinks Overnight Repos By $20BN, Term Repos By $10BN – Zerohedge
Consumer Price Inflation Hotter Than Expected Despite Goods Deflation – Zerohedge
Markets Hit By “Perfect Storm” As Stocks Slide On Surge In New Coronavirus Cases, Deaths – Zerohedge

 

 

 

Wednesday 02/12

European and US stock markets hit record highs as coronavirus fears ebb – business live – guardian

Powell says Fed will aggressively use QE to fight next recession – Marketwatch
Oil jumps more than 3% as new coronavirus cases slow, Street eyes deeper production cuts – cnbc
Tech titans’ market heft could signal broader stocks worry – Reuters
COVID-19 case tally: 45,171 cases of the novel coronavirus, 1,115 deaths – Marketwatch

Vietnam needs stimulus package to alleviate coronavirus impact, ministry says – Reuters
Industrial production down by 2.1% in euro area  – europa
Money talks – breakingviews

Greek Bonds Breach 1% Milestone as Rally Confounds Junk Status – Bloomberg

Coronavirus outbreak ‘just beginning’ outside China, says expert – Reuters
Coronavirus cases fall, experts disagree whether peak is near – Reuters

 

 

Tuesday 02/11

Business Live – guardian

Proposed Volvo-Geely merger could create China’s first global auto powerhouse – cnn
Fed Chair Powell: US economy is in a ‘very good place’ – yahoofinance

BofA: Buybacks Are Tracking 27% Above Last Year’s Levels At This Time – Zerohedge
Coronavirus could kill 45MILLION people and infect SIXTY PER CENT of the global population if it cannot be controlled, top Hong Kong medical official claims – dailymail
WHO Names Virus ‘COVID-19’, Warns “Must Do Everything Now… Vaccine Will Take 18 Months” – Zerohedge
Daimler slashes its dividend following third profit warning – Reuters
Italy’s Largest Bank Firing 6,000 To Boost Stock Buybacks – Zerohedge
Coronavirus death toll surges past 1,000 as fears grow for Chinese economy – Reuters

 

 

 

Monday 02/10

Coronavirus live updates: UK declares ‘serious and imminent threat’ to public health – latest news – guardian

China’s Hurting Banks Brace for Worst-Case Economic Scenario – Bloomberg
JPMorgan Says Bonds to Slump, Fueling a Return to Cyclicals – Bloomberg

Take Five: China’s virus paralysis – Reuters
Key Events In The Very Busy Week Ahead – Zerohedge
Exclusive: Hundreds of Chinese firms seek billions in loans amid coronavirus outbreak – sources – Reuters

Daimler to cut 15,000 jobs as cost cuts intensify – Handelsblatt – Reuters

Global consumers reel from China’s coronavirus containment as stop-work orders disrupt supplies of iPhones, Hyundai cars and toilet paper – scmp
China slowly gets back to work as nearly 100 more die from coronavirus – Reuters
China 2019 fiscal spending up 8.1%, faster than economic growth – Reuters
China’s producer prices break deflation spell but coronavirus risks grow – Reuters
Shanghai braces for returnee influx – globaltimes