TOP MARKETS NEWS: Week 06/07 – 06/13

Weekend 06/12 & 06/13

Bitcoin Spikes After Musk Confirms Has Not Sold More; Tesla Could Resume Crypto Payments – zerohedge
Here is what the G7 agreed to at their summit – economic stimulus programs to continue – forexlive
Bank of America: Everyone Knows The Fed Will Stop Tapering As Soon As The S&P Drops 10% – Zerohedge
Delta variant’s UK dominance sparks concerns in US – thehill
Visualizing The History Of US Inflation Over 100 Years – Zerohedge
Week Ahead: Jay-P & MC Easy Bee sitting transitory in a tree, K-I-S-S-I-N-G – nordea
Markets await the Fed’s meeting before making the next big move in the week ahead – cnbc
5 reasons global shipping costs will continue to rise – ing
What to expect at the June Federal Reserve meeting – ing

 

Friday 06/11

Business Live – guardian

S&P 500 ekes out another record close, posts third straight winning week – cnbc
G7 leaders agreed to keep stimulus flowing for their economies – Reuters
G-7 summit: Here’s a quick guide to everything you need to know – cnbc
US dollar to strengthen against most major currencies through the end of 2022 – CE – fxstreet
UK To Extend Lockdown One Month As Indian Variant Spooks Officials Into Vaccine Scramble – Zerohedge
Rates, The Dollar, & The Fed’s Dis-Inflationary Dilemma – Zerohedge
FX Daily: Volatility sinks across the board – ing
“As I Was Going To St Ives”… Why Today’s G7 Meeting Is Important – Zerohedge
Dollar Soars as Investors Cue into FOMC – bk
Futures Extend Record Highs As Inflation Fears Fade – Zerohedge
IEA says global oil demand to surpass pre-pandemic levels by end of next year – forexlive
European stocks set to inch higher as global markets assess inflation spikes – cnbc
TREASURIES-Bears bail out as 10-year Treasuries eye best week in a year – Reuters
Asia-Pacific stocks mixed as S&P 500 sails to record close on Wall Street – cnbc
Asia extends global stocks rally, U.S. bond yields fall on easing inflation fears – Reuters
Japanese shares edge down as tech stocks weigh – Reuters
China stocks slide as liquor, financial firms retreat; Hong Kong up – Reuters
$1.2 Trillion Manchin-Backed Infrastructure Plan Reached By Bipartisan Group Of Senators – Zerohedge

 

Thursday 06/10

Business Live – guardian

BofA Just Threw Up All Over The Fed’s “Transitory” Argument: Here’s Why – Zerohedge
Melvin Capital Among Hedge Funds Losing $6 Billion On Latest Meme Squeeze – Zerohedge
S&P 500 climbs to a new record close, shrugging off inflation fears – cnbc
France’s Macron Urges G-7 To Sell Gold Reserves To Fund Bailout For Africa – Zerohedge
Vertical Aerospace to go public in $2.2 billion SPAC, gets American Airlines investment – cnbc
RBA to move towards unwinding unconventional policy in July – BofA – forexlive
“Supply Bottlenecks” As An Excuse For Inflation – Zerohedge
Stocks making the biggest moves midday: RH, Signet Jewelers, Clover & more – cnbc
EURO Unfazed by US CPI and ECB Steadiness – bk
Oil Dumps And Jump After US Lifts Sanctions On One Iranian Oil Official, Clarifies “Nothing To Do” With Nuclear Deal – Zerohedge
Bitcoin Might Be Entering A Bearish Market, JPMorgan Analysts Suggest – benzinga
Here Is The Heatmap From Today’s Red Hot CPI Report – Zerohedge
Over 11 Million Americans Are Still On Pandemic Jobless Benefits (Despite 9 Million Job Openings) – Zerohedge
Core Consumer Prices Surge At Fastest Rate Since 1992 – Zerohedge
ECB: Avoiding taper talk – part one – ing
European Central Bank leaves rates and bond buying unchanged – cnbc
Bitcoin Climbs As Global Banking Regulators Give Crypto Mixed Blessing – Zerohedge
As Fed taper looms, global central banks eye their own exits from stimulus – Reuters
“Super Thursday” Arrives: Futures Flat Ahead Of ECB Decision, Critical CPI Print – Zerohedge
Auto, travel firms weigh on European shares ahead of ECB meeting – Reuters
Billionaire’s Altice group buys 12% BT stake but has no bid plans – Reuters
World shares, dollar hit pause ahead of U.S. CPI, ECB meeting – Reuters
China stocks end higher as inflation fears ease – Reuters
China new bank loans unexpectedly rise in May, broad credit growth slows – Reuters
China central bank chief says inflation under control, vows ‘normal’ monetary policy – Reuters

 

Wednesday 06/09

Business Live – guardian
US stocks look ahead to key inflation report – cnn

A Cryptocurrency ICYMI – Another province in China orders shutdown of Bitcoin mining – forexlive
Bonds & Bitcoin Bounce-Back As Stock Market ‘Complacency’ Reaches 20-Year High – Zerohedge
Dow ends session 150 points lower for its third straight day of losses – cnbc
El Salvador Adopts Bitcoin As Legal Tender, Unveils 100% Clean, Renewable Geothermal Mining – Zerohedge
Romney, Senators Craft Infrastructure Plan Without Tax Hikes – Bloomberg
El Salvador becomes first country to adopt bitcoin as legal tender after passing law – cnbc
Biden arrives in UK for G7 summit, part of 8-day Europe trip – Reuters
With Fed’s Reverse Repo Hitting Half A Trillion, Wall Street Scrambles To Figure Out What Comes Next – Zerohedge
WTI Dips After Big Builds In Gasoline, Distillates Inventories – Zerohedge
Big Day Ahead of EURO – What to Expect from ECB – bk
Bank of Canada Holds Rate Unchanged At 0.25%, Keeps C$3BN Weekly QE – Zerohedge
National Retail Federation boosts its annual forecast, expects ‘fastest growth that we’ve seen in this country since 1984’ – cnbc
Futures Flat As Meme Stonks Rage, 10Y Yields Tumble – Zerohedge
Oil Climbs As Blinken Says “Hundreds Of Sanctions” On Iran To Remain – Zerohedge
Rabo: Is Inflation “Gonna Get High?” – Zerohedge
10Y Yields Plunge Below 1.50% As Record Short Squeeze Accelerates – Zerohedge
Stocks making the biggest moves midday: Clean Energy Fuels, Lordstown Motors, Campbell Soup Company and more – cnbc

 


Tuesday 06/08

Business Live – guardian
How Will A 15% Global Minimum Tax Impact S&P500 Earnings? – Zerohedge
Stock market news live updates: Stocks drift sideways as signs of labor shortages roll in – yahoofinance

Bonds, Black Gold, & Big-Shorts Bid As Bitcoin Breaks Down – Zerohedge
S&P 500 ends day flat as benchmark continues to hover near its record – cnbc
Gundlach – Don’t Count on “Transitory” Inflation – advisorperspectives
One Bank Goes Apocalyptic: Inflation Is About To Explode “Leaving Global Economies Sitting On A Time Bomb” – Zerohedge
State Department Lifts Travel Restrictions For Dozens Of Countries – Zerohedge
Nobody Wants To Work: Job Openings Soar To All Time High 9.3 Million As Record Numbers Quit Their Job – Zerohedge
WTI climbs back above $70 per barrel as cryptic US message on Iran eyed – forexlive
Bitcoin Bounces On Upsized MSTR Bond Issue, Shrugs Off IRS Regulatory Threat – Zerohedge
Most Shorted Stocks Update: Here Come The Microcaps… Again – Zerohedge
Futures Briefly Dip After Global Internet Outage, Then Storm To All Time Highs – Zerohedge
Tesla Shares Jump After China-Made Vehicle Sales Rise 29% In May – Zerohedge
Bitcoin slides 7% after U.S. seizes most of Colonial Pipeline ransom – cnbc
GDP down by 0.3% and employment down by 0.3% in the euro area – europa
Utilities, telecoms support European stocks; autos slide – Reuters
China stocks end lower as Sino-U.S. tensions weigh, liquor makers dive – Reuters
Asia shares pare gains on caution, oil falls again – Reutes
Japan upgrades Q1 GDP on smaller hit to domestic demand – Reuters
The Mysterious $85 Billion Surge In China’s FX Reverse Repo – Zerohedge


Monday 06/07

Business Live – guardian

S&P closes nominally lower as investors wait for a catalyst – Reuters
Bitcoin Slides After Trump Says “It’s A Scam… Wants Dollar As World Currency” – Zerohedge
Bond ETFs With $1 Trillion Shrug as Fed Starts to Withdraw – Bloomberg
Russia Mulls Ordering State Firms To Switch To Euro, “Preparing” For Possible Disconnect From SWIFT – Zerohedge
Stocks making the biggest moves midday: Biogen, Eli Lilly and AMC – cnbc
Futures Near Record High Shake Off Yellen Comments, Brace For Inflation Data – Zerohedge
El Salvador president’s bitcoin push casts shadow over IMF efforts – Reuters
Deutsche Bank warns of global ‘time bomb’ coming due to rising inflation – cnbc
European shares hover near record highs; commodity stocks weigh – Reuters
European stocks slightly higher as U.S. inflation data dominates week ahead – cnbc
Key Events This Week: “The Most Closely Watched Data Release So Far This Year” – Zerohedge
German industrial orders fall unexpectedly in April – Reuters
Gen Z Is Spending At 125% Of Pre-Covid Levels, Amex CEO Says – Zerohedge
Asia stocks mixed; China’s May exports misses forecasts – cnbc
China buys fewer American goods in May; trade surplus grows – cnbc
China stocks end mixed after trade data – Reuters
TABLE–China’s May trade with United States, EU, other key economies – Reuters