TOP MARKETS NEWS: Week 10/12 – 10/18

Weekend 10/27 & 10/18

Pelosi Doubles Down On 48-Hour Stimulus Deadline – forbes
Pelosi gives White House 48 hours to reach coronavirus stimulus deal before election – cnbc


Friday 10/16

Business Live – guardian

Shares of gun makers gain as Biden’s lead grows – Reuters
Over 6 Million Renters and Homeowners and 26 Million Student Debt Borrowers Missed September Payments – mba
Goldman Sachs: Dump Dollars, Buy Silver – Zerohedge
Goldman Warns of More Job Losses With Jumbo Mergers on the Rise – Bloomberg
Stimulus won’t instantly save the stock market or America: strategist – yahoofinance
Nikola Tumbles After Backing Away From Badger: Is GM The Next Shoe To Drop? – Zerohedge
Pound Slips As BoJo Threatens To Cancel Next Round Of Brexit Talks – Zerohedge
US Industrial Production Unexpectedly Tumbled In September – Zerohedge
Consumer outlooks brightening more among Democrats than Republicans: UMich survey – Reuters
US Core Retail Sales Surge By The Most In History In September – Zerohedge
Dollar Rallies on Consumer Comeback – BK
Pfizer Plans To Apply For FDA’s Emergency-Use Approval During Third Week Of November, CEO Says – Zerohedge
Louis Vuitton, Dior cushion LVMH sales – Marketwatch
EU new car sales rise for the first time this year – Marketwatch
Daimler posts forecast-beating results as demand rebounds – Reuters
Investors throw money at everything, dump cash – BofA – Reuters
Spending dropped, savings dwindled for U.S. unemployed after enhanced benefits expired: study – Reuters


Thursday 10/15

Business Live – guardian
France Reports Record 30,000 Cases In 24 Hours As Europe Tops US Tally Yet Again: Live Updates – zerohedge

Remdesivir didn’t reduce mortality among COVID-19 in WHO study: Report – Marketwatch
Traders Rattled After Morgan Stanley Sees 80% Odds Result Won’t Be Determined On Election Night – zerohedge
Nio’s stock rises toward another record after Citigroup says buy, boosts target by 83% – Marketwatch
“Things Could Get Messy” – Nomura Warns Bulls “Cannot Overstate Gamma Impact” From Tomorrow’s Op-Ex – zerohedge
The Russell 2000 index just did something it has only done six times in the past 34 years – Marketwatch
16 million Americans have already voted by mail. Here’s how one New York county is processing the ballots – cbsnews
Are Early Voting Numbers A Harbinger Of What’s To Come On Election Day? – zerohedge
Morgan Stanley tops analysts’ revenue estimates by $1 billion on stronger-than-expected trading – CNBC
Behind The Nasdaq Weakness: Goldman Downgrades Tech To Neutral – zerohedge
Tier 1, 2 or 3? England’s three-stage Covid lockdown rules explained – guardian
Almost 900,000 Americans Filed For First-Time Jobless Benefits Last Week But California Chaos Continues – zerohedge
Lockdown fears, U.S. stimulus doubts hit European shares – Reuters
Roche confirms 2020 outlook despite sales drop – Marketwatch
Taiwan Semiconductor Earnings, Revenue Beat in Q3 – investing



Wednesday 10/14

Markets edgy as Covid-19 restrictions tighten – business live – guardian
Dow down over 100 points as hope for pandemic stimulus deal fades – Marketwatch

Big U.S. banks offer muddled outlook on how bad coronavirus losses might get – Reuters
Here Are The 4 Election Scenarios For Markets, And How To Trade Them – Zerohedge
United Airlines posts $1.8 billion net loss in pandemic slump, cuts cash burn – cnbc
Electric-Car Stocks Mixed Despite Soaring Sales In World’s Top Auto Market – yahoofinance
Fastly stock plunges more than 25% after TikTok fails to use its software as much as anticipated – Marketwatch
Just Eat Takeaway shares soar as COVID-19 fears keep home-dining orders coming – Marketwatch
A Trump win over Biden would be the ‘biggest error’ in ‘modern era of mass polling’ – Marketwatch
$10.6 Billion Hedge Fund Closing After Massive “Value” Losses – Zerohedge
China’s $1 Trillion Wealth Fund to Step Up Soured Asset Sales – Bloomberg
Apple failed to market the iPhone 12 Pro to the average consumer, analysts say – cnbc
Mnuchin says coronavirus relief deal unlikely before U.S. election – Reuters
Stocks Slump To Low Of Day After Mnuchin Comments – Zerohedge
Big banks are cautiously optimistic about the economic recovery – yahoofinance
Wells Fargo earnings fall short of estimates as low rates hit interest income – Marketwatch
Wells Tumbles As Revenues Plunge, NIM Hits Record Low, Warns On Payment Deferrals – Zerohedge
Soaring Food Costs Send Producer Prices Higher In September – Zerohedge
Goldman Sachs wallops profit estimates on stronger-than-expected bond trading – cnbc
Goldman Smashes Expectations On Stellar FICC Beat Despite Slowdown From Q2 Trading Frenzy – Zerohedge
Odds Of ‘No Deal’ Brexit Plunge As Boris Johnson Signals He Won’t Walk Away From Talks With EU – Zerohedge
Bank of America shares dip as the lender, pressured by low rates, misses on third-quarter revenue – cnbc
Bank of America sees Q3 as the ‘bottom’ for net interest income – Marketwatch
UnitedHealth’s stock rises after profit and revenue beats, raised outlook – Marketwatch
JPMorgan’s Kolanovic Has A Warning For Those Expecting A Crushing Biden Victory – Zerohedge
Germany’s leading research institutes says economic recovery is losing steam – forexlive
ASML signals double-digit annual growth as quarterly sales jump – Reuters
Asian equities toppled by stalled vaccine trials, stimulus talks – Reuters
More Banks, UnitedHealth & Airline, PPI: 3 Things to Watch – investing

Tuesday 10/13

Business Live – guardian
Stocks making the biggest moves premarket: Johnson & Johnson, Blackrock, JPMorgan Chase – cnbc
Apple ‘Hi Speed’ iPhone Event: Live Blog – benzinga

5 Reasons Why EURO is Headed Below 1.16 – bk
What’s the status of a second $1,200 stimulus check? – cbsnews
All the deadlines, rules, and voting hours to know when casting your ballot in the 2020 presidential election- businessinsider
McConnell Says Senate Will Vote On $500B Relief Package; Pelosi Rejects – Zerohedge
Here’s a first glimpse of China’s digital yuan – quartz
Nomura Warns, Gamma-Squeeze “Extreme Grab” Could Flip To “Extreme Vomit” By Friday – Zerohedge
A study testing Lilly’s antibody treatment and remdesivir is paused – Marketwatch
Apple unveils iPhone 12 and iPhone 12 mini, its first 5G phones – Marketwatch
Nasdaq Futures Surge Despite Vaccine Setback As Gamma Squeeze Continues – Zerohedge
Citigroup reports 3rd-quarter earnings that beat profit and revenue estimates amid trading surge – businessinsider
The U.K. economy is set for a ‘dramatic slowdown,’ Deutsche Bank warns after jobless numbers rise – Marketwatch
IMF revises its global GDP forecast higher, but warns the economy ‘remains prone to setbacks’ – cnbc
Dimon Signals The All Clear: JPMorgan Earnings Smash Expectations As Loss Provisions Plummet 94% – Zerohedge
The investment opportunities in ‘green hydrogen’ might not be where you think – cnbc
Johnson & Johnson falls despite earnings beat after pausing COVID-19 vaccine trial over ‘unexplained illness’ – businessinsider
BlackRock’s stock set to rally after big profit beat, revenue rises above forecasts – Marketwatch
Amazon pitches early holiday shopping with fall ‘Prime Day’ event – Reuters
J&J pauses COVID-19 vaccine trials due to unexplained illness in participant – Reuters
EU imposes tariffs on aluminium products from China – Reuters
China stocks fall on profit-taking, concerns over fresh virus cases – Reuters
China’s imports, exports surge as global economy reopens – Reuters

Monday 10/12

Business Live – guardian
Here’s What Will Move Markets This Week – October 11 – investing

Q3 Earnings Preview: It’s The FAAMGs Vs Everyone Else – Zerohedge
Apple’s 5G iPhone launch has investors hoping for ‘unprecedented upgrade cycle’ – Marketwatch
Is Joe Biden About To Send Silver Soaring – Zerohedge
Amazon Prime Day mania will crush dying retailers: Strategist – yahoofinance
WTI Tumbles Below $40 – Zerohedge
Goldman says a Biden win could be a ‘positive catalyst’ for oil prices – cnbc
American economists awarded Nobel Prize in economics for work on auction theory – cnbc
Key Events This Week: Earnings Season Begins, CPI And Retail Sales – Zerohedge
Goldman Sachs says sell the dollar due to the increasing odds of a Biden-led blue wave and progress on COVID-19 vaccine – businessinsider
3 Stocks To Watch This Coming Week: JPMorgan, Johnson & Johnson, UnitedHealth – investing
Stocks are going to ‘crack pretty hard,’ and here’s what one billionaire says investors should do to prepare – Marketwatch
Biden maintains 12-point national lead: poll – thehill