TOP MARKETS NEWS: Week 04/16 – 04/22

Weekend 04/21 & 04/22

HNA Cuts Deutsche Bank Stake, Reversing Commitment From February – Bloomberg



Friday 04/20

Business Live – guardian

Weed Dispensary Comes to NYC’s 5th Avenue, Just in Time for 4/20 – Bloomberg
Amazon shares to rally another 15% as it captures the ‘next wave’ of online retail: Credit Suisse – cnbc
Canadian Inflation Quickens Less Than Forecast to 2.3% – Bloomberg
Hedge Fund Titans Pull Money From Funds for Huge Tax Bills – Bloomberg
Junk Bonds Back in Black as Market Calm Brings Out Yield Hunters – Bloomberg
GE profit tops estimates, shares rise in ‘relief rally’ – Reuters
ECB Seen Delaying QE Exit Decision as Trade Concerns Mount – Bloomberg

Oil Erases Gains After Trump Slams OPEC for Inflating Prices – Bloomberg

Aluminum Stash Visible From Space Turned to Gold for This Trader – Bloomberg
U.S. ‘junk’ bond funds take in most weekly cash since 2016: Lipper – Reuters
Stocks and commodity prices are diverging as global growth slows – businessinsider
Five Things You Need to Know to Start Your Day – Bloomberg
Japan’s March Inflation Dip Doesn’t Signal Reversal of Trend – Bloomberg
World’s Worst Stock Market Slides Into ‘Death’ Territory – Bloomberg
Payback time for QE looms — and it will be expensive – FT
The indicator with an almost perfect record of predicting US recessions is edging towards a tipping point – businessinsider



Thursday 04/19

Oil hits three-year high as commodity prices rally – business live – guardian

Aluminum Retreats From Seven-Year High Amid Bets on Rusal Aid – Bloomberg
Blackstone Group’s Assets Jump 22% to Record $450 Billion – Bloomberg
Swiss Franc Weakens Below Key Level as BlackRock Stays Short – Bloomberg
Venezuelan Oil Enters The Disaster Zone – Zerohedge
Bond Traders Refocus on 3% U.S. Yield as Inflation Bets Mount – Bloomberg
Commodities Shoulder the Blame for Hits to Treasuries and Stocks – Bloomberg
Four Charts Behind Oil’s Latest Jump – Bloomberg
IMF Warns of Rising Threats to Global Financial System – Bloomberg
Philly Fed Flashes ‘Stagflation Dead-Ahead’ Warning As Prices Paid Hits 7-Year High – Zerohedge
German Industry Sounds Alarm That Rusal Sanctions Pain Is Coming – Bloomberg
Unilever Plans $7.4 Billion Buyback as Pricing Faces Squeeze – Bloomberg
How geopolitics have helped drive this haven currency to a 3-year low – Marketwatch
Hedge Funds Suffer First Back-to-Back Loss in Two Years – Bloomberg
Treasury Curve Collapse Spurs Showdown Between Fast, Real Money – Bloomberg
A Top Recession Indicator Makes a Lousy Sell Signal for Stocks – Bloomberg
Bank of England expects big Libor switch to start in earnest – Reuters
Sell in May, Just Not in the U.S. of A., Stock Performance Shows – Bloomberg
Banks Warn Sweden’s Central Bank to Stay Out of Retail Market – Bloomberg
BOJ’s bond buys drop to pre-Kuroda levels – asianikkei
The Dollar’s `Exorbitant Privilege’ Is a Terrible Thing to Waste – Bloomberg
Underlying Euro-Area Inflation Lubricates ECB QE Exit: Chart – Bloomberg
Aluminium prices surge again as shortfall warnings rise – ft
Sanctions Fallout Upends Metals as Aluminum, Nickel Burst Higher – Bloomberg
Daily Briefing: Test run for Franco-German motor – Reuters
VIX Rigging Talk Erupts on Wall Street After Another Wild Swing – Bloomberg
Lira Volatility Signals Bold Rate Hike by Turkey, UniCredit Says – Bloomberg
Five Things You Need to Know to Start Your Day – Bloomberg
Here’s what economists are saying about Australia’s jobs report – businessinsider
China’s Stock Slump Spurs Intervention Speculation – Bloomberg
Rusal Discusses Deals in China to Ease Sanctions Crunch – Bloomberg

Oil near late-2014 highs as Saudi backs higher prices, U.S. crude stocks decline – Reuters


Wednesday 04/18

Business Live – guardian

IBM stock suffered its worst day since 2013 – cnbc
Fed’s Beige Book: “Modest to moderate” expansion, “concern about tariffs” – calculatedriskblog
Loonie Drops As Bank Of Canada Holds Rates (As Expected) – Zerohedge
Number of German Banks Declines While Fintechs Attack – Bloomberg
Bringing Down High Debt – imf
How U.S. Sanctions on Russian Aluminum Shook Markets – Bloomberg
Uncharted Territory For Stock Valuations  – Zerohedge
Commodities Surge to Highest Level Since 2015 – Bloomberg
Turkish Stocks, Lira Surge After Erdogan Announces Early Elections – Zerohedge
Morgan Stanley beats, posts record quarter – businessinsider

Spain Is Booming and Now Voters Turn Against the Prime Minister – Bloomberg

UK inflation falls to lowest in a year – bbc
Equity Strategists Lower Projections for Euro-Area Stock Rally  – Bloomberg
Fed official worried about recession indicator – cnn
Expect a careful, dovish Mario Draghi at next week’s ECB meeting, says HSBC – Marketwatch
Down $1 Trillion, World’s Worst Stocks Near Make-or-Break Level – Bloomberg
SNB Poised for First Rate Hike in Decade Next Year, Survey Finds – Bloomberg
Five Things You Need to Know to Start Your Day – Bloomberg
European Car Sales Weakest in Five Years – Bloomberg
Goldman Sachs Warns Rusal Shock May Drive Aluminum to $3,000 – Bloomberg
China Banks Seen Profiting From PBOC’s Reserve Ratio Cut – Bloomberg
China’s Central Bank Chief Kicks Off Reign With ‘Very Clever’ Move – Bloomberg



Tuesday 04/17

Business Live – guardian

Bank Investors Keep Taking Profits, No Matter the Earnings Beat – Βloomberg
How Libor’s Surge Will Help Pop The Global Bubbl – Zerohedge
Fed’s Williams Says Inverted Yield Curve Powerful Recession Sign – Βloomberg
Majority Of Investors Starting To Cash Out, Convinced Market Peaks In Second Half – Zerohedge
Trump’s Yuan Devaluation ‘Warning Shot’ Isn’t Having Much Impact – Βloomberg
Everything You’ve Been Told About Government Debt Is Wrong – forbes
Russia Sanctions Throw Global Aluminum Industry Into Chaos – Βloomberg
Goldman: The Only Two Times We’ve Seen A Market Like This Was The Cuban Missile Crisis And The 1987 Crash – Zerohedge
IMF Spots Trouble Ahead for the Global Economy After 2020 – Bloomberg
The Party Is Ending: IMF Warns The Coming Risks Are “Clearly To The Downside” – Zerohedge
Euro-Area Inflation Revised Lower as ECB Debates Policy Move – Bloomberg
Industrial Production Jumps Most In 6 Years Thanks To Cold Weather – Zerohedge
Dollar Gains After Mnuchin Walks Back Trump FX Tweet As “Warning Shot”- Zerohedge
Goldman profit up 27 percent as trading surges – Reuters

Waiting for Euro Stocks Turnaround a Waste of Time for JPMorgan – Bloomberg

China’s Economic Growth Remains Robust Amid Strong Retail Sales – Bloomberg
Australia’s Economy Looks Likely to Grow Faster Than Its Speed Limit, RBA Says – Bloomberg



Monday 04/16

European stocks open higher, oil falls as Syria fears fade – business live – guardian

Trump Blasts China, Russia for Devaluing Currencies as Fed Hikes – Bloomberg
Oil prices are likely to collapse later this year, Barclays forecasts – cnbc
U.S. Retail Sales Rebound in Sign Consumer Weakness Fading – Bloomberg
Russian stocks slip as traders brace for another round of U.S. sanctions – Marketwatch
BofA profit beats estimates on higher interest rates, loan growth – Reuters
Aluminum Hits Highest Since 2011 With Rusal Supply Seen at Risk – Bloomberg
The vaunted ‘synchronised upswing’ in the global economy is starting to look patchy – businessinsider
Forces are aligning that could see oil rise back above $US80 a barrel – businessinsider
Rusal Extends Worst Week on Record Amid Uncertainty Over Future – Bloomberg
Is trouble looming for US dividend aristocrats? – ft
Three Reasons Why Yen Bears Could Get Some Cheer by Next Friday – Bloomberg
Nomura Says Abe Scandal, Trade Risk Could Erupt for Japan Stocks – Bloomberg
Xiaomi Is Said to Tap Citic for CDR, Plans IPO Filing Next Month – Bloomberg
Stocks in China are under pressure – businessinsider
The ECB wants Deutsche Bank to work out how much it would cost to quit investment banking – Reuters
Wall Street Economists See Global Growth Cresting Not Collapsing – Bloomberg

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