TOP MARKETS NEWS: Week 08/19 – 08/25

Friday 08.23

Business Live – guardian

European markets higher ahead of Powell speech; Nestle down 1.9% – cnbc

Asia markets mostly lower as investors await Powell’s speech at Jackson Hole, assess Japan inflation data – cnbc
Yen Climbs as Ueda Indicates That Rates Can Go Higher in Japan – cnbc

 

 

Thursday 08.22

Business Live – guardian
What to Look for at Fed’s Jackson Hole Symposium – Reuters
Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole – cnbc

Dollar bid while Stocks and Bonds slip as attention turns to Jackson Hole – Newsquawk US Market Wrap
Stocks & Bonds Slammed Ahead Of J-Hole As FedSpeak Slows Rate-Cut Euphoria – Zerohedge
Wall St Dragged by Tech Shares; Jackson Hole in Focus – Reuters
Stocks close lower, Nasdaq slides 1% as Treasury yields rise and Powell speech looms- cnbc
Stocks making the biggest moves midday: Urban Outfitters, Peloton, Advance Auto Parts and more – cnbc
European Stocks Rise as Rate-Cut Bets Grow, Deutsche Bank Gains – bbg
Fed’s Collins Says ‘Soon’ Appropriate to Begin Easing Policy – bbg
Fed’s Harker Says Need More Data Before Deciding Rate-Cut Size – bbg
New US ETFs Being Launched at Record Pace in 2024 – Reuters
Existing Home Sales “Still Sluggish” – Weakest July Since 2010, Record Low Affordability – Zerohedge
Home sales rose in July for the first time in five months – cnbc
US Business Activity Edges Lower; Pricing Power Ebbs Further – Reuters
US Manufacturing Activity Contracts at Fastest Pace This Year – bbg
‘Soft Landing Scenario Less Convincing’: US Manufacturing PMI Plunges To 8-Mo Lows – Zerohedge

Continuing Jobless Claims Hover Near 33-Month Highs – Zerohedge
BMW Pulls Ahead of Tesla in European EV Sales For First Time – bbg
Stocks making the biggest moves premarket: Crocs, Paramount Global, Deutsche Bank, Snowflake and more – cnbc
Global Stocks Hit All Time High With J-Hole Expected To Preannounce Rate Cuts – Zerohedge
Euro Zone Negotiated Wage Growth Slows, Boosting ECB Rate Cut Hopes – Reuters
Euro-Zone Wage Growth Slows, Boosts Case for Another ECB Cut – bbg
Euro Zone Business Activity Gets Boost From Olympics, PMI Shows – Reuters
Euro-Zone Economy Handed Surprise Boost by Paris Olympics – bbg
German Business Activity Contracts in August, PMI Shows – Reuters
Bitcoin open interest jumps $1.3B following Fed’s ‘dovish’ minutes – cointelegraph
Wall Street Outraged Over Latest Epic F*ck Up By Biden’s Labor Department – Zerohedge
European markets set for mixed open as Fed minutes point to likely September cut – cnbc

Asia markets mostly fall as investors assess business activity data from the region, Fed minutes – cnbc

 


Wednesday 08.21

Business Live  – guardian

Dovish Fed & Dismal Job-Revisions Send Bonds, Big-Tech, Bitcoin, & Bullion Higher – Zerohedge
Wall St Ends Higher as Fed Minutes, Jobs Data Firm Rate-Cut Hopes – Reuters
S&P 500, Nasdaq close higher as Fed minutes lift investors’ hopes for a September rate cut – cnbc
FOMC Minutes Show “Vast Majority” See September Cut As Appropriate – Zerohedge
Fed minutes point to ‘likely’ rate cut coming in September – cnbc
Stocks making the biggest moves midday: Target, JD.com, Macy’s and more – cnbc
Analysis-Walmart Tears up China Online Strategy With JD.com Stake Sale – Reuters
U.S. job growth revised down by the most since 2009. Why this time is different – cnbc
US Job Growth in Year Through March Was Far Lower Than Estimated – Reuters
US Jobs Revised Down By 818,000 In Election Year Shocker, Second Worst Revision In US History – Zerohedge

Futures Rise Ahead Of Payroll Revisions, FOMC Minutes – Zerohedge
Stocks making the biggest moves premarket: Target, JD.com, Macy’s and more – cnbc
Macy’s Plunges On “Sharp Cut” To Full-Year Forecast; Goldman Expects Consumer Weakness To Persist – Zerohedge
Macy’s cuts sales forecast as department stores struggle to draw shoppers – cnbc
Europe markets head for higher open with Fed in focus – cnbc

Asia-Pacific markets mostly lower after Wall Street rally falters; Japan trade swings to deficit – cnbc
JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale – cnbc

 

Tuesday 08.20

Business Live – guardian

Stocks sideways, while Dollar slides, and Bonds rise ahead of FOMC Minutes – Newsquawk US Market Wrap
Wall St Ends Lower Ahead of Jackson Hole, Snapping Multi-Session Rally – Reuters
Gold Hits New Record High As Kamu-nism/Growth-Scare Spoils Stocks’ Party – Zerohedge
S&P 500, Nasdaq snap eight-day winning streak as rebound rally pauses – cnbc
Stocks making the biggest moves midday: Palo Alto Networks, Boeing, Lowe’s, Bank of America and more – cnbc
Energy Shares Lead Europe’s STOXX 600 to Snap 5-Day Gains – Reuters
European Stocks Slip as Weaker Energy Tempers Rate Cuts Optimism – bbg
Citi Says Hedge Funds Are Using Dollars for New Carry Trades – bbg

Futures Flat As Gold Soars To New Record High – Zerohedge
Stocks making the biggest premarket moves: Eli Lilly, Paramount Global, Palo Alto Networks and more – cnbc
XPeng Projects Lower-Than-Expected Quarterly Revenue on Stiff Competition – Reuters
German Negotiated Wage Growth Slows in Likely Relief for ECB – Reuters
Germany’s Strong Wage Growth Adds to ECB Inflation Struggle – bbg
Lowe’s Cuts Full-Year Outlook On “Challenging Macroeconomic Backdrop” Hitting Homeowners – Zerohedge
Lowe’s cuts full-year outlook as it expects home improvement sales to weaken – cnbc
EU Cuts Planned Tariffs On Tesla’s China-Made EVs To 9% – Zerohedge
European Union slashes planned tariffs on China-made Tesla EVs, other Chinese firms – cnbc
European stocks head for mixed open as market uncertainty lingers – cnbc


Japan’s Nikkei leads gains in Asia Pacific as investors assess RBA minutes; China holds key rates – cnbc

Asian Stocks Echo Wall Street’s Rise on Fed Bets: Markets Wrap – bbg

 


Monday 08.19

Business Live – guardian

Stocks and Treasuries bid, while Dollar slides as participants await risk events – Newsquawk US Market Wrap
Stocks Extend Win-Streak Ahead Of J-Hole; Kam-unist Manifesto Accelerates Dollar-Collapse – Zerohedge
S&P 500, Nasdaq post eighth positive session as stocks extend their winning run – cnbc
Panic!!! CDC Says “Very High” COVID-19 Levels Reported In 32 States – Zerohedge
Stocks making the biggest moves midday: Advanced Micro Devices, HP, Sweetgreen and more – cnbc
Mpox-Linked Stocks Extend Rally Into Second Week – Reuters
Confidence Game – Zerohedge
European Shares Notch Broad-Based Gains; Defence Stocks Lag – Reuters
European stocks extend rally as focus shifts to Jackson Hole – BBG

Futures Flat As Jackson Hole Looms; Dollar Tumbles As Yen Soars – Zerohedge
Stocks making the biggest moves premarket: AMD, Estée Lauder, Dutch Bros., HP and more – cnbc
Estee Lauder Forecasts Bleak Annual Results; CEO Freda to Depart – Reuters
AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock – cnbc
AMD to Acquire Server Builder ZT Systems for $4.9 Billion in Cash and Stock – Reuters
Key Events This Week: Jackson Hole, FOMC Minutes, And Jobs Revisions – Zerohedge
EU Defense Bubble Under Pressure After Germany Freezes New Military Aid For Ukraine – Zerohedge
European markets set to start the new trading week in mixed territory – cnbc

Asia markets mixed as investors await a slew of inflation data and central bank decisions this week – cnbc

Stocks Gain, Dollar Declines on Fed Cut Hopes: Markets Wrap – bbg
Week Ahead Preview: Jackson Hole; ECB and FOMC Minutes; China Loan Prime Rates; Japanese and Canadian CPI; Eurozone Q2 Wages; Global PMIs; U.S. Democratic Convention – CB