TOP MARKETS NEWS: Week 02/25 – 03/03

Weekend 03/02 & 03/03

US, China reportedly in final stages of completing trade deal – scmp
China is reportedly offering to lower tariffs on U.S. farm, chemical, and auto products as trade deal gets closer – cnbc
American Farm Debt Reaches 1980s Crisis Levels: Agriculture Secretary – Zerohedge
Emerging Markets Turn to China for Risk-On Trigger Amid Languor – Bloomberg
Satyajit Das: The CDO Bomb That Blew Up In 2008? There Is A New One – Zerohedge



Friday 03/01

Eurozone factory growth slumps as Brexit and trade wars bites – business live – guardian

Moody’s raises Greece’s rating by two notches on reforms boost – Reuters
U.S. auto sales fall in February on weak SUV demand – Reuters

The Buyer Strike Is Over: US Stocks See First Inflows After 12 Weeks Of Redemptions – Zerohedge
U.S. companies adapt to ‘endless’ China tariffs – Reuters
China Opens to Foreign Credit Raters to Boost Bond Credibility – Bloomberg
GDP Crash: Goldman, Atlanta & NY Feds See Q1 GDP Tumble Below 1% – Zerohedge
“We Are Concerned About A Slight Recession” – US Manufacturing Survey Plunges To 26-Month Lows – Zerohedge

US-China: a slow-burn conflict – saxo
Canada In Recession? GDP Unexpectedly Drops For 2nd Month In A Row – Zerohedge
US Real Spending Crashes In December As Savings Rate Soars – Zerohedge
Eurozone manufacturing sector contracts in February – markit
Manufacturing PMI sinks deeper into contraction territory in February – markit
German jobless claims fall faster than expected – Marketwatch
Faster improvement in business conditions as output expands for first time in five months – markit
Italian manufacturing operating conditions deteriorate at fastest pace since May 2013 – markit
China: What to expect from the Two Sessions – ING
China factory activity rises, says private gauge – Marketwatch
China cheers MSCI weight gain, yen takes the strain – Reuters
MSCI’s China Fever May Bring USD67 Billion Into Bourses This Year, UBS Securities Says – yicai 



Thursday 02/28

Chinese factory exports slump, as geopolitical tensions spook markets – business live – guardian

‘Soft’ Data Surge Continues As Chicago PMI Spikes To Dec 2017 Highs – Zerohedge
US Economy Grew The Most Since 2005 Last Year After Unexpectedly Strong Q4 GDP Print – Zerohedge

Shenzhen margin financier’s 5-for-1 funding goes some way to explain why a sense of deja vu is filling China’s stock market rally – scmp

ABN Amro: Global economy to regain some traction later in the year – fc
Deutsche Bank merger with Commerzbank doesn’t make sense: advisor – Reuters
ECB preview: Trying not to get lost in transition – ing
This booming region in China is tipped as the next global hub of trade and finance, and it will drive the country’s economic growth in the years to come – businessinsider
MSCI to Announce China Stock-Weight Decision March 1 – caixin
Investors Naysay Before MSCI Breaks Big News for Chinese Stocks Tomorrow – yicaiglobal
China’s factory activity drops to lowest level in 3 years – Marketwatch




Wednesday 02/27

Markets subdued as geopolitical tensions worry investors – business live – guardian

U.S. will formally abandon plans to raise tariffs on $200 billion of Chinese goods, Lighthizer says – Marketwatch
Tech stocks take a beating after hours on disappointing earnings reports – cnbc
When Everyone Else Was Liquidating Stocks, The World’s Biggest Wealth Fund Was Buying It All – Zerohedge
Core US Factory Orders Suffer Worst Slump In 3 Years – Zerohedge
Stocks Tumble After Lighthizer Says “Too Early To Tell” If Trade Deal Happens – Zerohedge

JP Morgan’s Stephen Tusa says GE’s comeback has ‘gone way too far’ and stock still has downside – cnbc
2020 Elections: Shades Of 1972 – Zerohedge
U.S. trade deficit in goods jumps 12.8% to $79.5B in December – Marketwatch

GOLDMAN SACHS: Forget about a global recession, the worst of the US and China’s economic slump is over – businessinsider
Bayer swings to loss on one-off charges – Marketwatch
Asia shares rise, dollar near three-week low after Fed comments – Reuters



Tuesday 02/26

Pound hits four-week high on Brexit delay reports – business live – guardian

Chinese Brokerage Servers Crash Amid Stock Buying Frenzy – Zerohedge
This chart shows how 2019′s monster stock market comeback is not driven by fundamentals – cnbc
Now That Housing Bubble #2 Is Bursting… How Low Will It Go? – Zerohedge
The case for banning stock buybacks – cnn
US Home Price Growth Weakest Since 2012 – Zerohedge
Housing starts sink 11% to two-year low in December, but rising permits point to rebound – Marketwatch

Caterpillar’s stock drops after double downgrade at UBS – Marketwatch

China’s decision to re-leverage its economy is a major U-turn, and could have serious consequences – businessinsider

Peugeot profit, revenue up, dividend lifted – Marketwatch
A Stock That Rides Every China Bubble Returns Stronger Than Ever – Bloomberg
BASF earnings drop sharply, missing forecasts – Marketwatch



Monday 02/25

China stocks surge into bull market as Trump delays tariffs – business live – guardian

As Institutions Dump Stocks, Nomura Uncovers The Four Drivers Of The “Breathtaking” Rally – Zerohedge
Oil tumbles after Trump tells OPEC to ‘relax’ – Reuters
UBS Forecast Has S&P 500 Climbing to a Record by June – Bloomberg
The Next LTCM? $8 Billion Hedge Fund Is Using 10x Leverage – Zerohedge
ECB Gets Counterintuitive Advice to Soften Slowdown: Raise Rates – Bloomberg
Kraft Heinz exposes Corporate America’s debt problem – cnn
Key Events In This Extremely Busy Week: Powell, Trump, Kim, Cohen, Mueller, May – Zerohedge
GE to sell its biotech business for $21 billion to Danaher – Marketwatch
Gold Mining Giant Barrick Makes Hostile Bid For Newmont Mining – Zerohedge
Ipsen to buy Clementia Pharma in $1.31B deal – Marketwatch
Roche to buy Spark Therapeutics for $114.50/share – Marketwatch
Morgan Stanley: China’s Current Account Deficit Will Be The Most Important Turning Point In 2019 – Zerohedge
China shares surge as Trump offers tariff respite – Reuters