TOP MARKETS NEWS: Week 05/07 – 05/13

Friday 05/11

Business Live – guardian

Asian stock markets mostly rise as cooler U.S. inflation reading inspires ‘risk-on’ buying – Marketwatch


Thursday 05/10

Bank of England governor Mark Carney defends leaving interest rates on hold again – business live – guardian

Cryptos Crash After Nvidia Forecasts Big Drop In Mining Demand – Zerohedge
The U.S. Yield Curve Is the Flattest Since August 2007 – Bloomberg
Nvidia earnings: Data center, gaming momentum need to distract from auto, crypto weakness – Marketwatch
BofA: “January 2, 2019, Is The Day The Markets Go Back To Basics” – Here’s Why – Zerohedge
Oil and the dollar are doing something they have only done 11 times in the past 35 years – Marketwatch
CPI Misses Despite Rising Energy, Shelter Costs As Used Car Prices Plunge Most In 9 Years – Zerohedge
Third Point’s Loeb Joins Dalio On ‘The Short Side’: “Companies Are Going Down” – Zerohedge
BOE Keeps Rates Unchanged In 7-2 Vote; Cable Plunges On Dovish Inflation Outlook – Zerohedge
China Factory Inflation Pauses Slide as Consumer Prices Ease – Bloombergquint
The New Zealand dollar is getting smoked – businessinsider
New Zealand’s central bank governor strikes dovish tone, keeps rates on hold – cnbc
Israel launched a barrage of air strikes on 50 Iranian targets in Syria — a massive escalation that could lead to all-out war – businessinsider

Wednesday 05/09

Oil hits highest level since 2014 after Trump scraps Iran nuclear deal – business live – guardian

Pimco Sees ECB Low Rates and Unconventional Policy as New Normal – Bloomberg
Emerging-Market Currencies Say Goodbye to 2018 Gain – Bloomberg

Europe, Again Humiliated by Trump, Struggles to Defend Its Interests – nyt
Brits have suddenly stopped shopping — and it’s a worrying omen for the economy – businessinsider
The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers – Bloomberg
Economic data is starting to underwhelm around the world, especially in Europe – businessinsider
Don’t Cry for Indonesia. It’s No Argentina – Bloomberg
Five Things You Need to Know to Start Your Day – Bloomberg
The House of Lords voted for Theresa May to negotiate a Norway-style Brexit — here’s what that means – businessinsider
Oil Rises as Trump Tells Buyers to Cut Back on Iranian Crude – Bloomberg



Tuesday 05/08

Business Live – guardian

Gundlach Live Webcast: “Is A Recession Coming?” – Zerohedge
Trump Decision Puts Iran’s $200 Billion Energy Wish-List at Risk – Bloomberg
Snap Italy Election Raises the Risk of Populists Taking Control – Bloomberg
Algo Traders Warn U.K. Over MiFID II Rules – Bloomberg
A Fix Everyone Loves to Hate for the $4 Trillion Retirement Savings Gap  – Bloomberg
German industrial production bounces back – Marketwatch
China returns to trade surplus in April – Marketwatch


Monday 05/07

Reimposing Iran Oil Sanctions May Spell Trouble for Turkish Lira – Bloomberg
How Wary Wall Street Is Sizing Up Trump’s Plan for Iran Decision – Bloomberg
BofA: “The Best Leading Indicator Of Global EPS Just Turned Negative” – Zerohedge

Oil surges on Venezuela woes and Iran worries – Reuters

Romania Resumes Rate Hikes to Curb EU’s Fastest Inflation – Bloomberg
Dollar Index Positive For 2018 As Euro Tumbles – Zerohedge
Air France shares sink after CEO resignation – Marketwatch
Ignore the Emerging-Market Rout; This Time (Really) Is Different – Bloomberg
German manufacturing orders drop unexpectedly – Marketwatch
Dollar surge bringing emerging market rate cut cycle to a halt – Reuters
Key Events This Week: CPI, BOE, Fed Speakers  – Zerohedge
China forex reserves fall to 5-month low in April – Marketwatch
Ex-Venezuela Oil Boss: PDVSA Is Collapsing – Zerohedge
Japan central bank may hold off on stimulus exit for years: ex-BOJ official – Reuters
JPMorgan Says It’s Smart Money That’s Been Selling EM Assets – Bloomberg