TOP MARKETS NEWS: Week 11/09 – 11/15

Weekend 11/14 & 11/15

“A Second Wave Is Now Here” – New Jersey Reports Another Record Jump In COVID-19 Cases; NYC Schools To Stay Open: Live Updates – Zerohedge
NJ Reports New Daily Record Jump In COVID-19 Cases: Live Updates – Zerohedge

Risk of German recession this winter rises, still low: IMK institute – Reuters
Asia forms world’s biggest trade bloc, a China-backed group excluding U.S. – cnbc
Is Another “Crisis” Imminent: The Fed Must Double QE In 2021 But It Needs A Catalyst – Zerohedge

Commercial Loan Demand Plunges To New Post-Lehman Low Even As Lending Standards Ease – Zerohedge
UK to ban sale of new petrol and diesel cars from 2030 – FT – Reuters
American Retirees Are Drowning In Debt – Zerohedge
Inflows into stock funds hit 20-year high – ft
Time To Go All-In The “Big Short 3.0”? 80% Of New York Hotels On Verge Of Default – Zerohedge
Ant Group’s IPO won’t happen for at least six months after regulatory hurdles, China ETF issuer says – cnbc
Week ahead: The yield curve rises from the ashes – nordea
Charting the Global Economy: U.K. Has Most Ground to Make Up – Bloomberg
Key events in developed markets next week – ing

 

Friday 11/13

Stocks hit by investor caution as Covid vaccine excitement fades – business live – guardian
NYC Prepares To Close Schools, Puerto Rico Orders National Guard To Help Enforce New COVID-19 Curfew: Live Updates – Zerohedge
Coronavirus updates: California becomes second U.S. state to surpass 1 million Covid cases – cnbc

S&P 500 POSITIVE EPS SURPRISES WERE PUNISHED PRE-ELECTION BUT REWARDED POST-ELECTION – factset
S&P 500 jumps more than 1% to a record close to cap off strong week as big value rotation continues – cnbc
What comes next for the Dow and S&P 500, according to market history – cnbc
Dollar Extends Slide Despite Recovery in Stocks – bk
California, Oregon and Washington issue Covid travel advisory urging 14-day quarantine – cnbc
Joe Biden is the apparent winner in Georgia’s presidential race – cnbc
Ford is ‘absolutely’ interested in producing EV batteries like Tesla and GM – cnbc
Chicago mayor asks residents to cancel Thanksgiving plans and stay indoors as Covid cases rise – cnbc
A six-year-old Chinese electric vehicle startup is now more valuable than GM – fortune
Stocks making the biggest moves premarket: DraftKings, Disney, Cisco, others – cnbc
Core Producer Price Growth Slows In October But Food Prices Surge – Zerohedge

Thursday 11/12

Business Live – guardian

USD Sinks as Rise in Virus Cases Spook Traders – bk
Alibaba, JD set new records to rack up record $115 billion of sales on Singles Day as regulations loom – cnbc
Bitcoin breaks above $16,000 for the first time since January 2018 – cnbc
The China trade isn’t in the clear just yet, two traders say amid tech crackdown – cnbc
UK economy grew by record 15.5% in third quarter, but second lockdown could derail recovery – cnbc
Chinese state-backed firms in regulatory crosshairs as debt risks rise – Reuters

Wednesday 11/11

Business Live – guardian
NY Imposes New COVID-19 Restrictions As Cases Surge; Sweden Bars Alcohol Sales After 10: Live Updates – Zerohedge
Stocks making the biggest moves after hours: Moderna, Revolve, Fossil & more – cnbc

Biden Covid advisor says U.S. lockdown of 4 to 6 weeks could control pandemic and revive economy – cnbc
Deutsche Bank Proposes A 5% “Work From Home” Privilege Tax – Zerohedge
Typical person yanked $12,000 from 401(k) during coronavirus pandemic: Vanguard – cnbc
Is NZDUSD The Best Risk On Play in FX? – bk
Pfizer’s CEO Dumps 62% Of His Stock On COVID Vaccine Announcement – Zerohedge
Options traders are betting on hospital stocks as health care takes center stage – cnbc
Forget The ‘Blue Wave’, JPM Says ‘The Democratic Tide Actually Went Out’ – Zerohedge
“It’s The Roaring ’20s Again”: Goldman Boosts Forecast, Now Sees S&P Hitting 4,600 In 2022 – Zerohedge
OPEC Cuts Global Oil Demand Again On New Round Of Lockdowns, But Doesn’t Account For Possible Vaccines – Zerohedge
European shares extend rally on vaccine cheer – Reuters
China’s Biggest Tech Stocks Suffer Historic Plunge As Beijing’s Crackdown On Billionaires Continues – Zerohedge

 

Tuesday 11/10

Business Live – guardian
Dr. Fauci Says Pfizer COVID-19 Vaccine Will Soon Be Approved; Italy Sees Another 35k Cases: Live Updates – Zerohedge
Stocks making the biggest moves midday: Ulta, Zoom Video, Beyond Meat and more – cnbc

Coronavirus vaccine hope dampens prospects for corporate stay-at-home darlings – Reuters
6 key questions about the Pfizer/BioNTech Covid-19 vaccine – guardian
UBS increases GM’s price target to $50 on ‘aggressive’ EV plans; stock jumps 6% – cnbc
$15 Trillion: The True Cost Of The Global Energy Transition – Zerohedge
Here’s when the results of the 2020 election will be finalized – cnbc
Peloton erases losses and rallies 9% after inking multi-year deal with Beyonce – businessinsider
Senate roadblocks threaten to box in Biden – thehill
Apple announces its first new computers with its own chip instead of Intel’s – cnbc
Buchanan: Will Georgia Halt The Radicals’ Revolution? – Zerohedge
European stocks close higher on vaccine hopes; URW up 21% – cnbc
Carnival Announces $1.5Bn Stock Offering One Day After Shares Jump Most On Record – Zerohedge
Lufthansa launches offering for 525 million euros in convertible bonds – Reuters
Eli Lilly’s coronavirus antibody treatment will be needed even if there is a vaccine, CEO says – cnbc
German ZEW: A First Glimpse Of The Consequences Of The Second Nationwide Lockdown – Zerohedge
Adidas cautious for year end as pandemic returns – cnbc
Adidas cautious for year end as pandemic returns – Reuters
ANALYSIS-Vaccine news may weaken need for U.S. stimulus, but help still needed – investors – Reuters
Asian stocks rally as investors applaud vaccine development – Reuters
China’s inflation fails to perk up, defies broader recovery – Reuters

 


Monday 11/09

Stock markets rally as investors welcome Biden victory – business live – guardian

Pfizer, BioNTech initial vaccine results impress, but scientists remain cautious – Reuters
Beyond Meat Collapses After Missing Revenue Forecast, Blames COVID – Zerohedge
COVID ‘Cure’ Creates Chaos: Tech Wrecks, Bonds Bloodbath, Momo Massacred – Zerohedge
McDonald’s to test McPlant, which includes its own meat-free burger, next year; Beyond Meat shares fall – cnbc
Movie theater stocks rebound as drugmakers say vaccine is more than 90% effective – cnbc
Factbox: Development of Pfizer-BioNTech coronavirus vaccine – Reuters
Pfizer, BioNTech say their COVID-19 vaccine is more than 90% effective – Reuters
Rise in exports offers Germany hope of avoiding fourth-quarter slump – Reuters
German exports rise more than expected in September – Reuters
Japan’s Suga signals readiness for new stimulus package – Reuters
Nikkei jumps to 29-year high, Honda leads carmakers on upbeat earnings – Reuters