TOP NEWS: Week 06/26 – 07/02

Weekend 07/01 & 07/02

Deutsche: The Market Broke In 2012, “This Is What Everyone Is Talking About” – Zerohedge



Friday 06/30

Business Live – guardian

Crude Slump Wipes $113 Billion From Oil Drillers – Bloomberg
Warren Buffett Is Now Bank Of America’s Biggest Shareholder – zerohedge

CONFIRMED: Britain’s economy grew just 0.2% at the start of 2017 – businessinsider

ECB: Major shift in stance – Deutsche Bank – FXSTREET
Dollar Falls Fourth Day as Hawks Multiply at Other Central Banks – Bloomberg
Nikkei dives under 20,000 as Asian markets sharply pull back – Marketwatch
China Manufacturing Rose in June Amid Global Upturn – Bloomberg


Thursday 06/29

Business Live – guardian

“The Paint May Be Drying, But The Wall Is About To Crumble”: BofA Explains What The Market Is Missing – Zerohedge
Final Q1 GDP Revised To 1.4% Due To Spike In Consumer Spending; Corporate Profits Tumble – Zerohedge

German Inflation Unexpectedly Accelerates as ECB Ponders QE Exit – Bloomberg
CHART: It’s been a strong start to 2017 for most major asset classes – businessinsider
Vietnam Rejoins Club of 6%-GDP-Growth Nations as Exports Surge – Bloomberg
AI Will Add $15.7 Trillion to the Global Economy – Bloomberg
The pound and the euro are surging as Carney and Draghi appear hawkish – businessinsider
Rich Valuations Get Richer as Yellen’s Words Fall on Deaf Ears – Bloomberg
Five Things You Need to Know to Start Your Day – Bloomberg
Big bank cash returns just beginning, experts say – cnbc
Dollar’s Battle Gets Harder With Fed No Longer Only Hawk in Town – Bloomberg
Euro Surges, Yields And Stocks Rise As Central Banks Deliver Coordinated Message – Zerohedge



Wednesday 06/28

Narrower U.S. Trade Gap May Boost Growth Pace in Second Quarter – Bloomberg
Crude Oil: 99 Problems… – barrons
EURUSD, Bund Yields Plunge After ECB Tells Market ‘You Misjudged Draghi’s Comments’ – Zerohedge

Cash-Rich Sweden Squirrels Away Ahead of Demographic Time Bomb – Bloomberg

Tech Rout Hits Asia Shares; Bonds Fall on Rate Bet: Markets Wrap – Bloomberg
Goldman Raises S&P500 Year-End Price Target From 2,300 To 2,400  – Zerohedge
Takata Tumbles 69% as Limits Removed After Bankruptcy Filing – Bloomberg

Dollar Falls as Health-Care Vote Delay Adds to Doubts on Reforms – Bloomberg



Tuesday 06/27

Business Live – guardian

Fed’s Yellen expects no new financial crisis in ‘our lifetimes’ – Reuters
EUR Spikes To 9 Month Highs After Harker Says US “May Be Entering Low Inflation World” – Zerohedge
A history of economic cycles going back to the 1850s suggests a recession is near – cnbc

Eurozone: Time to respond to central bank signals – BNPP – fxstreet
Investing Legend Calls Cryptocurrencies “Biggest Bubble Of A Lifetime”… But There Is A Catch – Zerohedge
Global oil exports spell trouble for crude prices – cnbc
IMF Slashes US GDP Forecast, Says Trump’s Growth Target Is “Unrealistic” – Zerohedge

ECB: Expect QE to come to an end in Q4 2018 – HSBC – fxstreet
Oil at $35 Is Tipping Point for High-Yield, Deutsche Bank Says – Bloomberg
Bank Of England Orders Banks To Boost Capital To “Protect From Rising Risks” – Zerohedge

Google Gets Record $2.7 Billion EU Fine for Skewing Searches – Bloomberg
Euro Surges, Bunds Tumble On Unexpectedly Hawkish Draghi Comments – Zerohedge
Draghi: Accompanying the economic recovery – europa
The Swiss National Bank owns an enormous amount of US stocks — but there’s a catch – businessinsider
Morgan Stanley: US stocks are set to continue their record run if inflation stays low – businessinsider
China’s Growth Looks Like It Has Already Peaked for 2017 – Bloomberg
Stocks Drop, Commodities Rise; Draghi Spurs Euro: Markets Wrap – Bloomberg



Monday 06/26

German MEP blasts Italian €17bn bank rescue – business live – guardian
Your Evening Briefing – Bloomberg

Durable Goods Orders Tumble (Again) In May, Still 5% Below 2007 Peak – Zerohedge
CITI: Global growth stocks are looking bubbly – businessinsider

Gold Flash Crashes As “Someone” Dumps $2 Billion, “Fat Finger” Blamed – Zerohedge
The next recession will probably start much like the last one – businessinsider
German Ifo Business Confidence Surges to Record High in June – Bloomberg
The global economy looks like it’s losing momentum – businessinsider
KASHKARI: The Fed is repeating its mistakes of the 1970s — but in reverse – businessinsider
Italy winds up Veneto banks at cost of up to 17 billion euros – cnbc

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