TOP MARKETS NEWS: Week 07/15 – 07/21

Weekend 07/20 & 07/21

 

Top 5 things to watch in markets in the week ahead – investing

‘Almost’ Everyone in Crypto’s a Winner in a Second Trump Administration – bbg
Trump Trade Sees Investors Snap Up Junk Debt and Industrials – bbg

 

 

Friday 07/19

Business Live – guardian

Fed F**kery Turns $23BN US Bank Deposit Outflow Into $34BN Inflow Ahead Of Stock Slump – Zerohedge
SPX posts biggest weekly decline since mid-April while CrowdStrike outages hits sentiment – Newsquawk US Market Wrap
Dow tumbles more than 370 points, S&P 500 posts worst week since April as investors dump big tech – cnbc
SunPower stock collapses below $1 as company halts leases, installations and shipments – cnbc
Europe Stocks Fall for Fifth Day as Tech Outages Rattle Traders – bbg

Stocks making the biggest premarket moves: CrowdStrike, American Express, SLB, Travelers and more – cnbc
Futures Flat Ahead Of $2.7 Trillion OpEx Amid Global IT Crash – Zerohedge
European markets fall amid global IT outage; investors digest ECB decision – cnbc

Asia-Pacific markets track Wall Street slide on tech sell-off; Japan headline inflation holds steady – cnbc
China calls for bolstering tech ‘breakthroughs’ and achieving the full-year growth target – bbg

Asian Stocks, Currencies Fall as Risk Mood Sours: Markets Wrap – BBG


Thursday 07/18

Stocks making the biggest moves after hours: Intuitive Surgical, Netflix and more – cnbc
NFLX Shares Slide On Lower Revenue Guidance, Free Cashflow Sinks – Zerohedge
Netflix Beats Subscriber Targets but Cautions on Next Quarter – Reuters
Netflix beats estimates as ad-supported memberships rise 34% – cnbc
Stocks dive and Dollar flies as Biden’s re-election chance dies – Newsquawk US Market Wrap
Wall Street Ends Sharply Lower as Anxiety Rises, Earnings Heat Up – Reuters
Dollar Surges As Selling-Panic Spreads Across All Assets – Zerohedge
Dow slides more than 500 points, S&P 500 closes lower in sharp sell-off Thursday – cnbc
Stocks making the biggest moves midday: D.R. Horton, Domino’s Pizza, Infosys and more – cnbc
JPMorgan Traders Say Stocks to Rebound From ‘Overreaction’ Slump – bbg
Meta in Talks to Buy 5% Stake in Ray-Ban Maker EssilorLuxottica, WSJ Reports – Reuters
Amazon Prime Day drives U.S. online sales to record $14.2 billion – cnbc
European Shares End Marginally Lower as Tech Sell-Off Stymies Advances – Reuters
European stocks rise as ECB holds rate and tech sector steadies – bbg
Goolsbee Says Fed Risks ‘Golden Path’ If It Doesn’t Cut Soon – bbg
Goldman’s Top Stock Analyst Is Waiting for AI Bubble to Burst – bbg
Global shipping strains spark fears of an inflation comeback – bbg

Initial Jobless Claims Rebounds To Highest Since Aug 2023 – Zerohedge
Stocks making the biggest moves premarket: Domino’s, Warner Bros. Discovery, United Airlines and more – cnbc
Futures Rebound After Tech Rout Thanks To Strong TSMC Results – Zerohedge
Top Carmakers Unlikely to Hit US Emission Goals, Greenpeace Says – bbg
Domino’s Crashes Most Since Late 2008 After “Temporarily Suspending” Store Growth Guidance Metric – Zerohedge
Market Snoozes As ECB Holds Rates Unchanged As Expected: “Not Pre-Committing To Particular Rate-Path” – Zerohedge
ECB Holds Rates Steady With More Data Needed for Next Cut – bbg
European Central Bank holds interest rates, says domestic price pressures ‘still high’ – cnbc
Volvo Car Tweaks Sales Outlook on China EV Tariff Conflict – bbg
Volvo Cars jumps 11% after reporting a record core operating profit – cnbc
Nokia shares slide 8% after posting lowest quarterly net sales figure since 2015 – cnbc
European Car Sales Gain as Italy’s EV Subsidies Draw Buyers – bbg
RussiaGate 2.0: Donald Trump Has Opted For “Real Peace” Negotiations With A “Foreign Adversary” – Zerohedge
European stocks close slightly lower as ECB holds interest rates steady, Volvo Cars jumps 9% – cnbc

Asia chip stocks tumble amid news the U.S. may consider trade curbs – cnbc
TSMC, Tokyo Electron Lead Tech Selloff in Asia on Trade Angst – bbg
TSMC Beats Estimates On Strong AI Demand, Stabilizes Chip & Tech Stocks After Wednesday Carnage – Zerohedge
TSMC second-quarter profit beats expectations as AI chip boom continues – cnbc
TSMC says AI chip constraints to last through 2025 – asianikkei
Trump Odds Have Traders Splitting Asia Into His Friends, Foes – bbg
Hottest Macro Short at Risk as Rate Bets Finally Favor the Yen – bbg
What would a second Trump presidency mean for China? Goldman Sachs weighs in – cnbc
China’s Third Plenum Concludes: Here Are The Main Takeaways As China Slides Into “History’s Garbage Time” – Zerohedge

 

 

Wednesday 07/17

Business Live – guardian
Trump Reveals Key Pillars Of “Trumponomics”: Low Taxes, Sky High Tariffs, Powell Not Fired, Treasury Secretary Dimon And Much More – Zerohedge
Analysis – Investors Ride the ‘Trump Trade’ as Expectations Grow for a Second Term – Reuters
Global chip stocks from Nvidia to ASML fall on geopolitics, Trump comments – cnbc
The ‘Trump Trade’ Is Back: What It Means for Investors – bbg

United Sees Profit Below Estimates as Deep Discounts Sting – bbg
United Airlines profit jumps 23%, but third-quarter forecast disappoints amid industry overcapacity – cnbc
Tech rout hits stocks while haven FX rally hits the buck – Newsquawk US Market Wrap
Nasdaq, S&P 500 End Sharply Lower, Hit by Chips, Megacaps; Dow Extends Rally – Reuters
Nasdaq Pukes To Worst Day In 19 Months, Bonds & Black Gold Bid – Zerohedge
Nasdaq posts worst day since 2022, Dow gains 200 points as investors rotate out of tech -cnbc
It’s Impossible To Model The Dynamics Of Trumponomics – Zerohedge
Stocks making the biggest moves midday: Nvidia, Johnson & Johnson, Sweetgreen, GitLab and more – cnbc
Ray-Ban Maker EssilorLuxottica Taps Streetwear Audience With Supreme Deal – Reuters
Waller Says Fed Getting ‘Closer’ to Cutting Rates, Not There Yet – bbg
What Trump Told Bloomberg Businessweek About Plans for His Second Term – bbg
Goldman Sachs says S&P 500 correction is coming, urges investors not to buy dip – investing
Novo Nordisk and Eli Lilly shares slide on new obesity drug trial from Roche – cnbc
Europe’s STOXX 600 Falls for Third Straight Session as Tech Drags – Reuters
European Stocks Extend Decline as US-China Tensions Hit Tech – bbg

US Industrial Production, Manufacturing Jumps In June, But… – Zerohedge
J&J Beats Wall St Estimates on Strong Drug Sales Ahead of Stelara Competition – Reuters
Renewed Fed Rate-Cut Hopes Spark Modest Rebound In Housing Starts/Permits In June – Zerohedge
US Housing Starts Increase on Pickup in Multifamily Construction- bbg
Futures Slide As Global Tech Stocks Tumble On Fresh China Chip Trade Crackdown – Zerohedge
Stocks making the biggest moves premarket: Nvidia, GitLab, Five Below, J.B. Hunt and more – cnbc
Settlement Speculation Pushes XRP to Forefront of Crypto Rally – bbg
Germany Plans to Cut Renewable Subsidies as State Costs Soar – bbg
What Trump Told Bloomberg Businessweek About Plans for His Second Term – bbg
A Trump White House could see M&A uptick in these sectors – Marketwatch
Trump says Taiwan should pay the U.S. for defense; shares of chip giant TSMC fall – cnbc
US Officials Consider Severe Chip Crackdown On China, Sparking Global Semiconductor Sell-Off – Zerohedge
ASML bookings surge as AI chip demand boosts purchases of its critical semiconductor tools – cnbc
Sticky UK Services Inflation Adds to August Rate Cut Doubts – bbg
UK to Own Clean Energy Assets Through State-Backed GB Energy – bbg
European markets reverse negative trend and head for higher open – cnbc

Asia-Pacific markets mixed with Australia hitting fresh all-time high; yen intervention suspected – cnbc
China Central Bank Uses Hedge Fund Tactic to Tame Bond Bulls – bbg

Asian Stocks Climb as Traders Eye Fed Rate Cut: Markets Wrap – bbg


Tuesday 07/16

Business Live – guardian
Riskiest Stocks Begin an Epic Rotation With Rate Cuts in Sight – bbg
European Autos, Clean Energy Feel the Pinch of Trump 2.0 Bets – Reuters

Stocks making the biggest moves after hours: Five Below, Interactive Brokers, J.B. Hunt and more – cnbc
Markets today: Stocks hit fresh highs as 2024 rally broadens out – bbg
Equity Traders Fuel US Bank Profits as Stock Markets Rally – Reuters
Stocks extend on gains as RUT outperforms again, as hot Retail Sales reaction reverses – Newsquawk US Market Wrap
Gold Soars To Record High As Stocks Do Something Not Seen Since Oct 1987 – Zerohedge
Dow Notches Record Closing High, Small Caps Surge on Rate Cut Bets – Reuters
Dow rallies 700 points for best day in more than a year, Russell 2000 small-cap index jumps 3% – CNBC
Stocks making the biggest moves midday: Charles Schwab, Match Group, Bank of America and more – cnbc
Charles Schwab sinks after vowing to shrink bank over time – bbg
Trump 2.0 could be bad news for global inflation, analysts say – cnbc
European Stocks Fall as China Weakness Puts Downer on Earnings – bbg
Europe Warned Green Hydrogen Targets Need Reality Check – bbg
EU Nuclear Ambitions Face ‘Radical Uncertainty’ on Funding Gap – bbg
Adidas Hikes 2024 Earnings Guidance After Second-Quarter Beat – Reuters
Amazon Prime Day: Growth Has Slowed – Zerohedge
Amazon’s Prime Day to remind Wall Street of its retail dominance – bbg
Gold jumps to record as traders ramp up bets on Fed rate pivot – bbg

US PREMARKET NEWS
Saved By The Seasonals: Headline Spending Surprises As ‘Real’ Retail Sales Plunge – Zerohedge
US Retail Sales Report Showcases Consumer, Economic Resilience – Reuters
US Retail Sales Excluding Autos Rise by Most in Three Months – bbg
Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Bank of America and more – cnbc
Fed Rate-Cuts: A Signal To Sell Stocks And Buy Bonds? – Zerohedge
Futures Rise Led By Small Caps As Great Rotation Continues – Zerohedge
‘We Are Back’: Equity Trading Crushes Estimates for Big US Banks – bbg
Morgan Stanley Traders, Bankers Top Estimates as Wealth Lags – bbg
Morgan Stanley Profit Surges on Investment Banking, Trading, While Wealth Lags – Reuters
Morgan Stanley beats estimates on better-than-expected trading and investment banking – CNBC
Bank of America Jumps 4% Despite Missing On FICC, Net Interest Income And Looming CRE Loss Tsunami – Zerohedge
BofA Profit Beats Expectation on Robust Investment Banking, Trading – Reuters
Bank of America tops estimates on better-than-expected investment banking – CNBC
UnitedHealth Expects Bigger Hit to Profit From Tech Unit Hack – Reuters
IMF Warns Slower Disinflation Risks Higher Rates for ‘Even Longer’ – bbg
Elon Musk Pledges $45 Million Monthly To Pro-Trump Super PAC To Counter Dems In Swing States – Zerohedge
BP Secures Funds for Green Hydrogen Project at German Refinery – bbg
German Investor Morale Falls Sharply in July, ZEW Says – Reuters
German Investor Confidence Sours for First Time in a Year – bbg
Germany Plans Overhaul of Climate Fund in Coalition Budget Deal – bbg
July’s ECB cheat sheet: The less I know the better – ING
Hugo Boss Slides After Slashing Outlook As Luxury Downturn Gains Momentum – Zerohedge
Hugo Boss shares plunge 9% as firm cuts 2024 guidance amid slumping China demand – CNBC
Weak China Demand Hurts Sales at Luxury Goods Firm Richemont – Reuters
UK Economists Doubt Labour Government’s Ability to Boost Growth – bbg
Trump Trade Jumpstarts a Beleaguered Bond Bet – bbg
With odds of a Trump win rising, here’s what it could mean for Europe’s economy – CNBC
Europe heads for mixed open as markets digest Powell’s comments on cutting rates – cnbc

Asia-Pacific markets mixed after Fed Chair Powell’s rate cut comments lift Wall Street – cnbc
Japan Likely Spent Extra $13.5 Billion to Prop Up Yen Friday – bbg
PBOC Cash Injection Spikes Amid Tax Payments, Rate Focus – bbg
Rio Tinto Iron Ore Output Rises, Copper Guidance Disappoints – bbg
US Tariffs at 60% Would Halve China’s Growth Rate, UBS Says – bbg

Asian Equities Fall as Trump-Tied Concerns Weigh: Markets Wrap – bbg


Monday 07/15

Business Live – guardian
Here Are The Markets Moving Higher As Trump’s Election Odds Rise – Zerohedge
Pricing in a Trump victory: debt, deficits, and inflation implications: Larry Berman – bbg
Europe’s Negative Earnings Tide Expected to Turn in Second Half – bbg

Markets chop to Trump assassination attempt and dovish Powell – Newsquawk US Market Wrap
Wall St Ends Higher as Investors Firm Bets on Trump Win, Rate Cuts – Reuters
Trump’d: Gold & Crypto Soar, Yield-Curve Dis-Inverts As Small-Caps Crush Big-Tech Again – Zerohedge
US Stocks Rise as ‘Trump Trades’ Take Hold, Small-Caps Rally – bbg
Dow rises 200 points to close at a record after Trump survives assassination attempt – cnbc
Stocks making the biggest moves midday: Trump Media, Macy’s, Goldman, Coinbase and more – cnbc
Vance’s Scorn for Clean Energy Grew as Ohio Embraced It – bbg
Here Are the Key Takeaways From Powell’s Interview With David Rubenstein – bbg
Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates – cnbc
European Stocks Drop as Luxury Earnings, China Data Disappoint – bbg
Cocoa Traders Face Billion Dollar Loss As Ghana Throttles Cocoa Delivery Supplies, Report Says – Zerohedge
Bitcoin jumps as markets see increased odds of election victory for pro-crypto Trump – cnbc

Markets today: U.S. curve steepens as traders bet on Trump return – bbg

Euro-Area Finance Chiefs Commit to Spending Cuts to Reduce Debt – bbg
Goldman Sachs Profit Tops Estimates on Robust Debt Underwriting, Fixed-Income Trading – Reuters
Goldman Net Income Surges 150% As Investment Banking Misses, Credit Loss Provisions Slide – Zerohedge
Goldman Sachs tops estimates on better-than-expected fixed income trading – cnbc
Lufthansa’s Troubles Are Only Getting Worse, Says Stifel Analyst – bbg
France ‘Dangerously Exposed’ in Case of Economic Shock, National Audit Office Says – Reuters
Germany Gives $5 Billion to Hydrogen Works to Speed Climate Plan – bbg
UK Luxury Brand Burberry Gets New Boss to Revive Revamp – Reuters
Burberry shares drop 10% after the luxury giant issues profit warning and replaces CEO – cnbc
Swatch Shares Crash Most In Four Years As Profits Plunge On China Downturn – Zerohedge
Swatch sales, profits hit by flagging demand in China – cnbc
Nordea Pushes Buybacks Into 2025, Disappointing Markets – bbg
Key Events This Week: Republican Convention, Retail Sales, Powell Speaks And Many More Earnings – Zerohedge
Rabobank: There Is A Remarkable Symmetry Between This Weekend’s Events And Reagan’s Attempted Assassination In 1981 – Zerohedge
Global markets ramp up the ‘Trump trade’ after rally attack – bbg
With odds of a Trump win rising, here’s what it could mean for Europe’s economy – cnbc
European stocks set for lower open as markets assess impact of Trump assassination attempt – cnbc

Morning Bid: Trump Hit Steepens Curve; China’s Economy Judders – Reuters

Asia markets mostly slip as investors assess China GDP miss and assassination attempt on Trump – cnbc
China New Home Prices Fall at Fastest Pace in 9 Years, More Support Needed – Reuters
China’s GDP Growth Unexpectedly Tumbles As New Home Prices Plunge Most In 9 Years – Zerohedge
China reports second-quarter GDP growth of 4.7%, missing expectations – cnbc

Dollar Climbs, Bond Futures Slump on Trump Bets: Markets Wrap – bbg