TOP MARKETS NEWS: Week 09/12 – 09/18

September 12, 2022
  

Weekend 09/17 & 09/18

Germany’s Bosch Warns EV Industry Over Battery Cell Reliance – bbg
Fed Tilts Toward Third 75 Basis-Point Hike on Stubborn Inflation – bbg
EU Recommends Withholding Funds for Hungary Over Graft Concerns – bbg
China’s Chengdu Lifts Lockdown of Whole City From Monday – bbg
US-China Tech Rivalry Adds to Headaches for Stock Investors – bbg
Fed Leads 500-Basis Point Global Assault on Inflation: Eco Week – bbg
Markets Roiled by Inflation Leave Investors With Nowhere to Hide – bbg
Wall Street Rush Into Single-Stock ETFs Takes Risky Foreign Turn – bbg
The Affordable Electric Vehicle Is Still Mostly Fantasy – bbg
Goldman Cuts US Growth Forecast for 2023 After Rate Path Change – bbg
A European Stock Trader’s Guide to an Era of Scorching Inflation – bbg
U.S. Equity Funds Suffer Outflows for a Fourth Week – Reuters


Friday 09/16

Business Live – guardian
We’re Going Into A Worldwide Recession, FedEx CEO Warns “Numbers Don’t Portend Very Well” – Zerohedge

FedEx warning weighs on sentiment while yields dip as inflation expectations fall – Newsquawk US Market Wrap
FedEx Nukes “Economy’s Doing Fine” Narrative, Global Stocks/Bonds Lose $4 Trillion In Week – Zerohedge
Stocks close lower on Friday, extending sell off for worst week since June for S&P 500 and Nasdaq – cnbc
Imports To Los Angeles, America’s Largest Port, Plunged 17% In August – Zerohedge
Unrelenting Inflation, Tepid Sales Raise Curtain on Fed Meeting – bbg
Stocks making the biggest moves midday: FedEx, Adobe, Boeing and more – cnbc
Brace for More Profit Warnings as FedEx Flags Slowing Economy – bbg
Global Equity Funds See Fourth Weekly Outflow on Rate Hike Expectations – Reuters
History Shows No Example of Hiking US Rates Too Fast, Summers Says – bbg
Traders Start Pricing in Chance of ECB Rate Cut Late Next Year – Reuters
US Consumers’ Long-Term Inflation Expectations Dip to Lowest Since Mid-2021 – bbg
UMich Inflation Expectations Slide In Sept, But… – Zerohedge
Pound Hits Lowest Since 1985 as Cost-of-Living Crisis Bites – bbg
Lithium Prices Hit New Record As EV Affordability Concerns Mount – Zerohedge
“No Bailout Coming” – US Energy Producers Send Ominous Warning To Europe – Zerohedge
Lithium Smashes New Record as Supply Struggles to Feed EV Growth – bbg
Watch These Names Ahead Of The Open As $509 Billion Single-Stock Options Expire – Zerohedge
Japan’s Contradictory Stance Leaves Yen at Risk of Further Slide – bbg
Futures Crater As Fedex Ushers In The Global Recession On $3.2 Trillion Triple Witch Day – Zerohedge
UK Retail Sales Post Biggest Drop This Year as Squeeze Tightens – bbg
Volkswagen Set for Multi-Million Euro Windfall on Huge Gas Trade – bbg
Europe Car Sales Return to Growth After Painful Year of Declines – bbg
Germany Takes Control Over Rosneft’s Three German Oil Refineries – bbg
Dollar Only Place to Hide in 2022 as Risk Assets Sink, Citi Says – bbg
Korea’s Exports of Key Memory Chip Plummet as Demand Chills – bbg
Australian Dollar Slides to Two-Year Low on Recession Risk – bbg
China Households Could Cut Property Assets in $18 Trillion Shift – bbg
Casino Stocks Rally as Macau is Set to Release License Shortlist – bbg
China markets fall despite economic data beating expectations; Chinese yuan weaker than 7 against dollar – cnbc
Hong Kong stocks pare losses as China economic data for August tops analyst estimates – scmp
China Property Stocks Face Headwind Despite Rally, JPMorgan Says – bbg
Yuan’s Slide Past 7 Per Dollar Makes Friday Fixing a Must Watch – bbg
China’s retail sales, industrial production beat expectations in August – cnbc
Asian Markets Slide as Recession Risks Remain High – USNEWS
Options Dealers Draw Line in Sand for S&P 500 Around 3,900 – bbg

 

 

 

Thursday 09/15

Business Live – guardian
Atlanta Fed Slashes Q3 GDP Estimate Despite Surge In Government-Spending – Zerohedge

FedEx CEO says he expects the economy to enter a ‘worldwide recession’ – cnbc
FedEx Plunges To 2-Year-Lows After Withdrawing Earnings Guidance – Zerohedge
Aggressive rate hike pricing hits stocks, bonds, and commodities – Newsquawk US Market Wrap
“I Love The Smell Of Liquidation In The Morning…” – Zerohedge
Nasdaq drops more than 1% as market comeback stumbles, Dow closes at lowest level in two months – cnbc
The “Economy Is Braking Hard” – Billionaire Investor Warns Aggressive Fed Is Causing “Cracks Everywhere” – Zerohedge
“This Is The Sharpest Turn In The Housing Market Since The 2008 Crash” As Mortgage Rates Soar Above 6% – Zerohedge
Stocks making the biggest moves midday: Netflix, Adobe, Wynn Resorts, Humana and more – cnbc
US Industrial Production Unexpectedly Dropped In August – Zerohedge
Core Retail Sales Disappoints In August, July Revised Down – Zerohedge
Futures Fall, Yields Rise Ahead Of Econ Data Onslaught – Zerohedge
Railroads And Unions Reach “Tentative Agreement” To Avert Rail Strike – Zerohedge
Louis Vuitton owner tells staff to take the stairs and turns down store thermostats – telegraph
EU NatGas Prices Jump As Plan To “Fix” Energy Crisis Underwhelms – Zerohedge
The Energy Market’s Next Crisis: Oil Tanker Shortages – Zerohedge
The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain – coindesk
European markets head for postitive start to the trading day following global gains – cnbc live
Asia-Pacific markets slightly up after negative session; China keeps medium-term rates steady – cnbc live
IMF sees further global economic slowdown in third quarter – Reuters
Hong Kong stocks bounce back from six-month low as property developers surge and China eases Chengdu lockdown – scmp

 

 

 

Wednesday 09/14

Business Live – guardian
Amtrak Canceling All Long-Distance Trains Ahead Of “Potentially Disastrous” Rail Strike – Zerohedge

“Cool” PPI helps soothe inflation fears, but not completely – Newsquawk US Market Wrap
Dead-Cat-Bounce Finds Extra Life With Late-Day Panic-Buying – Zerohedge
Nasdaq closes higher on Wednesday as stocks stabilize following massive sell-off – cnbc
Fitch Ratings Slashes Global GDP Forecasts on Supply Shocks, Faster Rate Rises – fitchratings
Chinese Oil Demand Set For First Annual Drop In Over Three Decades – Zerohedge
Sweden election: PM Magdalena Andersson concedes victory to right-wing opposition – dw
Stocks making the biggest moves midday: Twilio, Starbucks, Nikola, Moderna and more – cnbc
Energy Stocks Soar On Jump In Oil; Goldman Expects Spike In Energy Market-Cap Weighting WithIn S&P – Zerohedge
One Bank Warns A “Hike Until It Breaks” Accident Is Now The Most Likely Market Scenario – Zerohedge
Hedge Funds “Were Calm” Yesterday: Shorted Macro But Bought-The-Dip In Tech Stocks – Zerohedge
European Banks Are Getting Indirect Aid From Energy Backstops – bbg
US Rail Strike Risks Stoking Inflation at Worst Possible Time – bbg
AllianceBernstein Joins Wall Street’s ETF Mania With Active Bond Funds – bbg
Core Producer Prices Hotter-Than-Expected In August As Services Cost Rise – Zerohedge
Stocks making the biggest moves premarket: SoFi, Nucor, Starbucks, CSX & more – cnbc
Germany Weighs Nationalizing Uniper as Energy Crisis Worsens – bbg
Futures Try To Rebound From Biggest Market Rout In Over Two Years – Zerohedge
Major Asia-Pacific markets drop 2% following Wall Street plunge – cnbc

 


Tuesday 09/13

Business Live – guardian
China Biotech Rout Shows Growing Pain From US Decoupling Drive – bbg
BofA’s Cabana Says Fed Likely to Overdo It and Cause a Recession – bbg

Goldman Sees Fresh Pain on Wall Street as Real Rates Rise – Zerohedge
Dollar soars and SPX posts worst day since June 2020 after hot CPI – Newsquawk US Market Wrap
“An Ocean Of Red…” – Zerohedge
Dow tumbles 1,200 points for worst day since June 2020 after hot inflation report – cnbc
Biden Admin Reportedly Ready To Refill Strategic Petroleum Reserve At $80/BBL – Zerohedge
France Cuts 2023 GDP Growth Forecast to 1%, Citing ‘Tense’ Backdrop – bbg
‘You Have To Get More Bearish’ – Jeff Gundlach Says Buy Bonds, Sees S&P Hitting 3,000 On Over-Zealous Fed – Zerohedge
JPMorgan Sees Oil Prices Climbing as Alternatives Fall Short – bbg
Stocks making the biggest moves midday: Rent the Runway, Meta, Oatly, Adobe & more – cnbc
Nomura Is First Bank To Call For 100bps Rate Hike Next Week – Zerohedge
Strong US inflation keeps the Fed on a hawkish track – ING
US Electricity Prices Rise Most in 41 Years as Inflation Endures – bbg
Flour Inflation in US Is Worst Ever as Bakers Squeezed by War – bbg
Biggest Jump in US Rents Since 1991 Keeps Overall Inflation High – bbg
Inflation Fails to Slow US Economy, Forcing Fed to Brake Harder – bbg
“There Is No Good News Across This Report” – A Shocked Wall Street Reacts To Today’s Scorching CPI Print – Zerohedge
Inflation isn’t just about fuel costs anymore, as price increases broaden across the economy – cnbc
U.S. inflation tops forecasts, cementing odds of big fed hike – bbg
From Beer to Tomatoes, Europe’s Energy Crisis Is Spilling Over – bbg
Futures Surge, Dollar Crumbles Ahead Of Pivotal CPI Print – Zerohedge
Europe Gas Drops Again as EU Plans Intervention to Tackle Crisis – bbg
U.S. Banks Lost a Record $370 Billion in Deposits Last Quarter – WSJ
“Who Is On The Other Side Of Those $1.5 Trillion In Energy Derivative Margin Calls Which Europe Is Bailing Out” – Zerohedge
Germany Plans $68 Billion in Loan Guarantees for Energy Firms – bbg
UK worker shortages persist as sickness weighs on the jobs market – ing
German Investor Outlook Sours as Winter Energy Squeeze Nears – bbg
Rates Spark: Energy policy goldilocks – ing
Russia’s Gazprom Doubled Oil & Gas Revenue This Year (Despite Volume Dropping In Half) – Zerohedge
Porsche Is Worth Much Less Than What’s Being Touted, HSBC Says – bbg
European Stocks Higher; M&A Talk Helps Sentiment – investing
European markets head for mixed open as global investors await U.S. inflation data – cnbc live
Hedge Fund’s Decade-Long Wait for China Yuan Crash Nears Payday – bbg
Asia-Pacific markets rise ahead of U.S. inflation report; South Korea’s Kospi up 2% on return after holiday – cnbc live

Monday 09/12

Business Live – guardian
Inflation ‘collapse’ will launch powerful market rally, Credit Suisse predicts – cnbc

Oracle Reports Sales That Meet Estimates; Touts Cerner’s Growth – bbg
Stock Options Tape Sprinkled With Bullish Bets in Big Money FOMO – bbg
Risk on sees stocks, commodities, and high-beta FX gain but bonds dip after poor auctions ahead of CPI – Newsquawk US Market Wrap
Stock Squeeze Continues As Bonds & The Dollar Dump Ahead Of CPI – Zerohedge
Stocks close higher for fourth straight session ahead of key inflation report, Dow rises 200 points – cnbc
Credit Calculus Turns Against Stocks With Yield Edge Over Bonds Vanishing – bbg
Liquidity Fated To Scupper Smooth-Running Of Fed’s QT – Zerohedge
Inflation Peaks During Recessions – Zerohedge
Soft Wages Hinder US Public Sector’s Job Recovery, Morgan Stanley Says – investing
Deflation On Deck? NY Fed Inflation Expectations Plunge To 2 Year Low, Dragged By Tumbling Gas Prices, Housing Slump – Zerohedge
Stocks making the biggest moves midday: Bristol-Myers Squibb, Twitter, Gilead Sciences and more – cnbc
Extreme ‘Negative Delta’ Position Unwound, Now Comes The CTA-Buying-Panic… – Zerohedge
Falling gas prices are raising hopes that inflation is slowing, New York Fed survey shows – cnbc
German Diesel Drivers, Truckers Hit by Growing Energy Crisis – bbg
Bitcoin tops $22,000, hitting highest in nearly a month ahead of inflation data and Ethereum merge – cnbc
Futures Jump As Dollar Slide Accelerates – Zerohedge
If You Want to Know Where US Inflation Is Heading, Look at Rents – bbg
Stocks making the biggest moves premarket: Carvana, Bristol-Myers Squibb, Alphatec and more – cnbc
German economy to contract as energy crisis hits consumers, warn analysts – FT
Germany Is Facing Increasing Risk of Stagflation, Minister Says – bbg
Key Events This Week: Retail Sales, PPI And Phill Fed, But Every Eye Will Be On The CPI – Zerohedge
Ethereum blockchain to undergo major upgrade to cut energy use – Reuters
EU Proposes Mandatory Power-Demand Cut and Tax on Profits – bbg
European Gas Slumps as Bloc Prepares Details for Intervention – bbg
Shares, euro jump on Ukrainian advance in northeast – Reuters
European stocks head for higher open as global markets await more U.S. inflation data – cnbc live
Asia-Pacific markets rise; Japan travel stocks gain on border easing reports – cnbc 
Key Macro Events – cb

 

 

 

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