TOP MARKETS NEWS: Week 06/10 – 06/16

Friday 06/14

G20 ministers to discuss oil tanker attacks at meeting in Japan – business live – guardian
Shanghai losses accelerate before China data shows mixed picture of economy – scmp

Facebook’s controversial Bitcoin-style cryptocurrency will launch NEXT WEEK with $10 MILLION investment each from Mastercard, PayPal, Uber and Visa – dailymail
Italian Bankers Look to Insurance to Offset Balance-Sheet Risk – Bloomberg

China’s economy cools further in May – Marketwatch



Thursday 06/13

Oil price jumps after Gulf of Oman tanker ‘attacks’ – business live – guardian
Hong Kong shares fall again amid ongoing tensions over extradition bill – scmp

U.S. Weekly FundFlows Insight Report: Fund Flows Turn Positive for the Week – lipper
China’s infiltration of U.S. capital markets is a national security concern – wp
Jeff Gundlach Live Webcast: “45% Odds Of A Recession In The Next 6 Months” – Zerohedge

69% Of US CFOs Believe That A Recession Will Start “By The End Of 2020” – Zerohedge
A Morgan Stanley reading on the economy collapses by the most ever – cnbc
WTO Warns Global Trade May Plunge 17% In Full Trade War – Zerohedge

Oil prices rebound from five-month lows on reports of Gulf of Oman tanker fire – Marketwatch



Wednesday 06/12

Business Live – guardian
Hong Kong shares fall as fresh protests in city disrupt roads, businesses – scmp

Chinese auto sales post worst-ever monthly decline as trade war intensifies – Reuters
A recession shock could wipe 30% off U.S. stocks, warns Oxford Economics – Marketwatch
Another major Wall Street bank says there will be no rate cut soon, despite what market wants – cnbc



Tuesday 06/11

Trade war could lead to ‘Trump recession’; UK jobs report due – business live – guardian
China markets on fire as Beijing ramps up fiscal tools to boost growth – SCMP

Commerce Secretary Wilbur Ross predicts Trump and China will reach a trade deal — ‘even shooting wars end in negotiations’ – cnbc
Underlying U.S. producer inflation pushing higher – Reuters

China Car Slump Extends to a Year With Few Signs of Reprieve – Bloomberg



Monday 06/10

Business Live – guardian
Hong Kong, Shanghai climbing on bigger-than-expected China exports, growing hopes for Fed rate cut – scmp

China Buys Most Gold In Over 3 Years Amid “Determined Diversification” From Dollar – Zerohedge
UK economy hit by ‘dramatic’ fall in car output – bbc

Italian industrial production: Poor start to 2Q19 – ING
European banks have paid over 20 billion euros to the ECB since negative interest rates – cnbc
Mexican peso rallies after U.S. suspends trade tariffs – Marketwatch
Over $1.1 Trillion In Asia-Pacific Corporate Debt Is Set To Mature Through 2023 – s&p
China’s exports rise in May due to front-loading ahead of US tariff increase, but upturn won’t last, analysts warn – scmp
US may escalate trade war in six ways – globaltimes
Japan’s Economy Set to Shrink in Second Quarter, Top Forecaster Says – Bloomberg
Japan’s first-quarter GDP grows at faster pace, but trade war blunts outlook – Reuters