TOP MARKETS NEWS: Week 04/30 – 05/06

Weekend 05/05 & 05/06

Buffett owns 5 percent of Apple. He’d like to own more – Reuters
Greece escapes a financial tragedy – telegraph
All Greek Banks Pass ECB’s Latest Watered Down “Street Test” Freeing €20BN In Bailout Funds – Zerohedge



Friday 05/04

US trade mission hails ‘good conversations’ with China ahead of US jobs report – business live – guardian

As FAANGs Swallow A Record Amount Of The Nasdaq, Goldman Issues A Warning – Zerohedge
Schizophrenic Silver: Biggest ETF Inflow In 2 Years (After Major Outflow) – Zerohedge
Dow, S&P Ramp Green For Week After Fed “Inflation Overshoot” Comment – Zerohedge
EU Reiterates Threat to Retaliate Against U.S. Tariffs – Bloomberg
Dan Loeb: “A Shift In The Market Has Occurred, We Are Adding To Our Short Book” – Zerohedge
U.S.-China Trade Talks End With Strong Demands, but Few Signs of a Deal – nyt
+164,000 Jobs: Payrolls, Hourly Earnings Miss As Unemployment Rate Hits 18 Year Low 3.9% – Zerohedge
Argentina Raises Key Rate to 40% to Prop Up the Peso – Bloomberg
Argentina Hikes Rates To 40% To Stall Currency, Bond Market Collapse  – Zerohedge
ECB’s Constancio Says the Old Normal Is Gone for Central Bankers – Bloomberg
After 6 years of growth, Japan’s economy sputters – asianikkei
Asia fears another ‘taper tantrum’ as US rates climb – asianikkei
Friday Morning Briefing – Reuters



Thursday 05/03

Business Live – guardian

BlackRock Emerging Markets ETF Sees Most Withdrawals Since 2016 – Bloomberg
U.S. Trade Gap Narrows, Claims Remain Low, Productivity Tepid – Bloomberg

A Bear Market Would Be a Death Knell for Active Funds – Bloomberg
IMF Boost to Saudi Break-Even Oil Price Offers OPEC Policy Clues – Bloomberg
Wall Street is sleepwalking past 3 looming market risks – businessinsider
European stocks slip as eurozone inflation logs surprise fall – Marketwatch
Five Things You Need to Know to Start Your Day – Bloomberg

Euro zone economy to slow next year, downside risks increase: Commission – Reuters

China’s Xiaomi files for mega Hong Kong tech IPO, lifts lid on financials – Reuters

Gold demand fell heavily in early 2018 – businessinsider
Here’s another sign the global economy may be slowing down – businessinsider
Australian exports hit record levels in March — here’s why – businessinsider


Wednesday 05/02

Economists Invoke Great Depression in Warning to Trump on Trade – Bloomberg
Markets Are Underestimating the Fed – Bloomberg
Fed Poised to Let Inflation Accelerate, a Little – pimco
Aluminum’s Turmoil Hands a Lifeline to Embattled Noble Group – Bloomberg
Europe Fires Starting Gun for Fight Over Next EU Spending Plan – Bloomberg
U.S. adds 204,000 private sector jobs in April, ADP – Marketwatch

Norway Stops Making Withdrawals From Its $1 Trillion Wealth Fund – Bloomberg
U.S. Factories Are Showing Signs of Buckling From Demand Surge – Bloomberg
Fed May Need to Slow Rate Hikes, $200 Billion Asset Manager Says – Bloomberg
Warren Buffett’s Chinese Car Bet Has Plunged $9 Billion – Bloomberg
Global Market Volatility Now a ‘Made in the U.S.A.’ Phenomenon – Bloomberg
Asia Arms Itself in Global Defense Shift – Bloomberg
The Trump Effect May Finally Be Weighing on China’s Exports – Bloomberg
Euro-Area Factory Growth Eases for Fourth Straight Month – Bloomberg

U.K. to Tap Market With 53-Year Bond as Yields Trail Inflation – Bloomberg
Japan’s Bull Market Wouldn’t Be the Same Without Abe – Bloomberg
China Is Weakening Its Currency Before U.S. Trade Talks Begin – bloombergquint

Global demand for Chinese manufactured goods just fell for the first time in more than a year – businessinsider

China factory activity picked up in April – Marketwatch
New Zealand Unemployment Rate Falls to Lowest in Nine Years – Bloomberg
Why the RBA isn’t rushing to lift interest rates – businessinsider
Apple Spent A Record $22.8BN On Buybacks In Q1, More Than Market Cap Of Most Companies – Zerohedge


Tuesday 05/01

Turkey Cut Deeper Into Junk by S&P on Risk of ‘Hard Landing’ – Bloomberg
The surprise in Apple earnings: Big growth in China – Marketwatch
Apple surprises with solid iPhone sales, announces $100 billion buyback – Reuters

This Billionaire Has Put Half His Net Worth Into Gold – Bloomberg

No more #Euroboom? No problem, say investors – Reuters
Bond ETFs Awash With $14 Billion Leave Equities on Back Foot – Bloomberg
European Inflation’s Just Not Fast Enough – Bloomberg
Nomura: Dollar Is Soaring As Markets Capitulate To “Synchronized Global Growth” Narrative – ZeroHedge
 Inflation “Warning Lights” Are Flashing As Manufacturing Prices Soar Most Since 2011 – ZeroHedge
Xiaomi’s $10 Billion IPO Risks a Cash Crunch in Hong Kong – .bloombergquint
USD: G10’s highest yielder – ing
Trump delays metal tariffs on Canada, EU, Mexico, exempts some others – Reuters



Monday 04/30

Chicago PMI Suffers Biggest YoY Drop in 15 Months – Zerohedge
The US Just Borrowed $488 Billion In One Quarter, The Most Since The Financial Crisis  – ZeroHedge
These Are the Biggest Risks for Emerging Markets Right Now – Bloomberg
How To Trade The End Of The Biggest Monetary Experiment In History: JPM Explains  – ZeroHedge
Trump has not decided yet on metals tariff exemptions, Mnuchin says – Reuters
‘Soft’ Data Continues Collapse: Chicago PMI First YoY Drop in 15 Months – ZeroHedge
Deutsche Bank Calculates The Level Of The New “Fed Put” – ZeroHedge
US Savings Rate Slides As Spending Outpaces Income Growth For 26th Straight Month – ZeroHedge
German Inflation Unexpectedly Slows, Validating ECB Caution – Bloomberg

MORGAN STANLEY: ‘The mood music just changed’ in bond markets – businessinsider
Italian Yields Spike After Five Star Calls For Fresh Elections – Zerohedge
Italy’s Governing Options Diminish as Di Maio Clashes With Renzi – Bloomberg
Industrials Lag S&P 500 by Most Since ’09 on Global Growth Fears – Bloomberg
The new stock-market fear: Signs that a period of harmonious global growth is crumbling – Marketwatch
Marathon to Buy Andeavor in $23.3 Billion U.S. Oil-Refining Deal  – Bloomberg
Key Events In The Coming Extremely Busy Week: Jobs, Fed, Earnings And Much More – ZeroHedge
Dollar Back in Power as Week Starts – bk
Pimco Says ‘Cold Currency War’ Could Trigger Stronger Dollar – Bloomberg
Five Things You Need to Know to Start Your Day – Bloomberg

Turkish Stocks at Cheapest in Nine Years Still Find Few Buyers – Bloomberg

Sprint and T-Mobile; Walmart deals in Europe; WPP earnings – cnn

China official nonmanufacturing PMI ticks higher – Marketwatch

China’s Economy Gives Little Sign of Slowdown as PMIs Hold Up – Bloomberg

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