TOP NEWS: Week 10/31 – 11/06

Weekend 11/05 & 11/06

Mexican Peso Rallies With Emerging Assets After FBI Statement – Bloomberg
FBI tells Congress it has not changed conclusion on Clinton emails – Reuters
Another Toilet Paper Crisis: Angola’s Biggest Oil Firm Can’t Even Supply The Basics – Zerohedge
Goldman Fears “Persistent Headwind To Growth” As State/Tax Revenues Tumble – Zerohedge


Friday 11/04

Investor nerves mount as US election draws closer – business live – guardian

October Payrolls Miss, Rise 161,000 After Upward Revisions, Wages Beat; Unemployment Rate Dips To 4.9% – Zerohedge
Comatose European Stocks Turn Everything Into a Low-Vol Fund – Bloomberg

What Not to Do When Floating a Currency: Lessons for Egypt – Bloomberg

Turkish Markets Tumble as Kurdish Leaders Detained in Raids – Bloomberg

Eurozone economic growth accelerates on back of faster German expansion – markit
Sex Shops, Bingo and Sewage Define New Era of Pension Portfolios – Bloomberg

GERMANY: Service sector activity rebounds in October – markit
Growth in French services sector weakens in October – markit
BREXIT TIMES TEN: A Trump victory could herald financial market volatility not seen since the GFC – businessinsider

ITALY: Service sector business activity rises slightly in October – markit
SPAIN: Activity continues to rise solidly despite slower new order growth – markit
Is China Repeating Japan’s Missteps? – Bloomberg

Yuan Drops to Record Versus Peers Amid Bets PBOC Helping Exports – Bloomberg
Australia reports healthy rise in retail sales – Marketwatch
The RBA blames the rise in part-time employment on ‘weakness in labour demand’ – businessinsider
RBA Sees China Risks Diminish as Housing Market Reignites – Bloomberg


Thursday 11/03

Business Live – guardian

Mark Zuckerberg’s Fortune Tumbles by $3 Billion as Facebook Growth Set to Slow: Chart – Bloomberg
US Factory Orders Rise YoY For First Time In 2 Years, But Down 17% From Highs – Zerohedge
Drugmakers under fire for possible U.S. price fixing – Reuters
US Services Economy Slips From August Spike: “Employment Growth Remains Weakest In 3 Years” – Zerohedge
China May Be Set For a Shock Fall in Foreign-Exchange Reserves – Bloomberg

Pound surges to four-week high after High Court ruling raises hopes of ‘soft Brexit’ and BoE scraps plans for another rate cut – TELEGRAPH
BOE Drops Rate-Cut Signal as Inflation, Growth Forecasts Raised – Bloomberg

Pound Jumps Most Since August as Government Loses Brexit Lawsuit – Bloomberg

Euro zone unemployment at 10.0 percent in September – Reuters

Egypt Free Floats Pound, Raises Lending Rates to Spur Economy – Bloomberg

Credit Suisse made a small but surprising profit – businessinsider

CHINA: Overall activity increases at fastest rate since March 2013 – markit
Australia’s trade deficit is shrinking fast – businessinsider

Wednesday 11/02

Business Live – guardian

What’s at Stake in the Brexit Court Ruling: QuickTake Q&A – Bloomberg
December Fed Hike Odds Approach 80% as Traders Pivot to Payrolls – Bloomberg

May Warned Brexit Talks Might Get Vicious as Court Ruling Looms – Bloomberg
Fed Holds, Warns Of Higher Inflation As 2 Presidents Dissent; December Hike Hinted – Zerohedge

New York ISM Contracts For 3rd Month, Worst Streak In 7 Years – Zerohedge
Here’s How Traders Rushed to Price In a Trump Presidency on Tuesday – Bloomberg
ADP Employment Report Sinks To Weakest Since April 2013 – Zerohedge
Deutsche Bank set to be among hardest hit by new capital rules – Reuters
These Were The Best And Worst Performing Assets In October And YTD – Zerohedge
Euro-Area Manufacturing Gathers Speed as Price Pressures Build – Bloomberg
German Joblessness Falls to Record Low as Economy Ploughs On – Bloomberg
German manufacturing powers ahead as PMI reaches highest level since early-2014 – markit
Solid growth in French manufacturing sector – markit
ITALY: Manufacturing production growth slows in October – markit
SPAIN: Fastest rise in manufacturing output in 4 months – markit
UK houses now cost six times annual wages, says Nationwide – bbc



Tuesday 11/01

Business Live – guardian

Mexican Peso Slides After U.S. Poll Shows Trump Edging Ahead – Bloomberg
Buy Gold No Matter Who Wins the Election, HSBC Says – Bloomberg
U.S. Election Guide to Markets: What to Watch as Results Come In – Bloomberg

Droughts Push Soft-Commodity Buys to Highest Since 2008: Chart – Bloomberg

Pfizer Ends Trials for Cholesterol Drug as Earnings Fall Short – Bloomberg

Thomson Reuters to cut 2,000 jobs worldwide – guardian
Italian banker drops rival rescue plan for Monte dei Paschi – Reuters

Bond Market Selloff Resumes After Chinese Data; Gasoline Soars – Bloomberg

The Fed Won’t Say What It Should – Bloomberg

UK manufacturing exports rise but price pressures grow – bbc

Brexit Bulletin: Carney Finds a Third Way – Bloomberg

Oil major BP sees near halving of third-quarter earnings but beats market expectations – cnbc

Oil giant Shell swings to quarterly profit but warns that ‘outlook remains uncertain’ – cnbc

Zinc Surges to 5-Year High as Metals Gain on China Factory Gauge – Bloomberg

Here’s what economists are saying about today’s RBA rate decision – businessinsider
RBA Holds Cash Rate as ‘Brisk’ Housing Market Outweighs CPI – Bloomberg
BOJ lowers inflation outlook, holds off on more stimulus – Marketwatch
BOJ Stands Pat Even as It Delays Timing of Inflation Goal – Bloomberg
China Factory Gauge Jumps to Two-Year High, Services Strengthen – Bloomberg
INDIA: Manufacturing growth shifts up a gear – markit



Monday 10/31

Business Live – guardian

One Measure of Risk Just Hit Its Highest Level in Four Months – Bloomberg
Italy takes the lead – sentix
JPY: Buy USD/JPY Dips – BofA Merrill – efxnews
hina Shows a Cheap Currency Doesn’t Pack the Same Punch Anymore – Bloomberg
BlackRock Feels Bullish, Sees Emerging Asia At “Turning Point” – barrons
With Q3 Earnings Season Half Done, This Is Where We Stand – Zerohedge

MERGER MONDAY: Wall Street banks are celebrating once again – businessinsider
Dallas Fed Outlook Signals 22nd Straight Month Of Contraction – Zerohedge

European Banks Stuck With $1.3 Trillion of Bad Loans, KPMG Says – Bloomberg
Crude oil is tumbling after another OPEC meeting flop – businessinsider
Chicago PMI Screams Stagflation: Inflationary Pressures On The Rise As “Economic Growth Looks Very Disappointing” – Zerohedge
Inflation Pick-Up Comes With Bad News for ECB – Bloomberg

Euro-Area Economy Keeps Pace as ECB Mulls Stimulus Extension – Bloomberg

The value of term deposits in Australia just hit a record high – businessinsider

German retail sales plummet in September – Marketwatch
Key Events In The Coming Busy Week – Zerohedge
Sony surprises with profit warning on sale of battery business – Reuters
Japan shippers plan container merger – bbc
Japan’s Industrial Output, Retail Sales Stall in September – Bloomberg
China as Factory to World Mulls the Unthinkable: Price Hikes – Bloomberg

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