TOP MARKETS NEWS: Week 11/11 – 11/17

Weekend 11/16 & 11/17

Aramco’s $1.7 trln price tag pleases almost no one – Reuters


Friday 11/15

MSCI, S&P Dow Jones, FTSE Russell could fast-track Aramco into indices – Reuters
VIX Futures Hit New Record Short: Is A Historic Volatility Squeeze Coming?  – Zerohedge
Hong Kong Liquidity Crisis Near Decade Highs As Capital Flight Accelerates – Zerohedge
Global Debt To Hit All Time High $255 Trillion, 330% Of World GDP – Zerohedge

Tale of two euro zone markets as core bonds and periphery part ways – Reuters
Q4 GDP Crashes: US Economy Growing At Slowest Pace In 4 Years – Zerohedge – Zerohedge
NY Empire State factory index sluggish for sixth straight month in November – Marketwatch

US Industrial Production Plunges Most Since March 2009 – Zerohedge
Automakers around world await Trump tariff decision – Reuters
Investors putting money back into stock-market funds, but flows still solidly negative for 2019 – Marketwatch

Consumer Loses Faith As Annual Retail Sales Growth Slows Dramatically – Zerohedge
Hong Kong Shocked Into First Annual Recession Since Global Financial Crisis – Zerohedge



Thursday 11/14


Germany avoids recession with surprise return to growth – business live – guardian
Chinese markets live – scmp

‘Suffering’ German economy dodges recession in third quarter – Reuters
China think tank becomes first government-linked body to predict 2020 growth will drop below 6.0 per cent – SCMP



Wednesday 11/13

Business news live – guardian
Fed’s Powell testifies to Joint Economic Committee: Live blog – Marketwatch

Cisco second-quarter forecast disappoints; shares fall – Reuters
Disney+ surpasses 10 million sign-ups since launch – cnbc
Household Debt Continues to Climb in Third Quarter as Mortgage and Auto Loan Originations Grow – nyfed
Stock buybacks of $570 billion next year may support the S&P 500 even if there’s a recession, report says – Marketwatch

Sweden to Abandon Negative Rates But Currency Can’t Catch a Break – wsj

US Core CPI Cools But Energy & Recreation Costs Surge – Zerohedge
Airbus frontrunner to win big Air Arabia order: sources – reuters
Hong Kong stocks drop to three-week low as protests force closing of banks and suspension of school classes – scmp
Aramco’s 658-Page Prospectus Fails To Answer The $2 Trillion Question – Zerohedge
“Confidence Could Crumble”: Global Markets Slide After Trump Threatens More China Tariffs, Hong Kong Tensions Soar – Zerohedge
Tencent Earnings Drop 13% as Rivals Intrude on Its Advertising Territory – wsj


Tuesday 11/12

Guardian Business Live – guardian
BBC Business Live – bbc
Chinese Markets live – scmp


Biggest U.S. Milk Company Dean Foods Files for Chapter 11 Bankruptcy – wsj



Monday 11/11

Guardian Business Live – guardian
BBC Business Live – bbc
Hang Seng on track for worst tumble in 3 months; Sun Hung Kai leads drops in property stocks – scmp

Portugal banking outlook cut to ‘stable’, economy to slow – Moody’s – reuters
Uber co-founder Travis Kalanick sells half a billion dollars in stock after lockup period ends – cnbc
Britain Narrowly Avoids Recession As Economy Grinds To Halt – Zerohedge

China’s consumer inflation hits nearly 8-year high – Marketwatch

China’s Alibaba and, report booming Singles Day sales – Marketwatch
China’s Credit Creation Unexpectedly Collapses At The Worst Possible Time – Zerohedge
Evo Morales resigns as Bolivia’s president following allegations of election fraud – Marketwatch
The biggest risk facing the stock market in the coming year isn’t trade jitters or the election, Deutsche Bank warns – Marketwatch