Weekend 06/24 & 06/25
Artificial Intelligence: The Journey To A Thinking Machine – Zerohedge
How will AI change work? A look back at the ‘productivity paradox’ of the computer age shows it won’t be so simple – fortune
AI Frenzy and Bank Collapses: The First-Half Stock Market Themes – bbg
Europe’s Markets Flash Warnings as Growth Woes Start to Dominate – bbg
On Deck for Fed, ECB — Another Dose of Inflation Data: Eco Week – bbg
Friday 06/23
Stocks snap weekly gains streak amid net negative global PMIs – Newsquawk US Market Wrap
Crypto Soars As VIX Collapses; Recession Worries Spark Stocks’ Worst Week Since March – Zerohedge
Stocks tumble on Friday, Nasdaq snaps eight-week winning streak: Live updates – cnbc
Stocks making the biggest moves midday: Starbucks, CarMax, Virgin Galactic and more – cnbc
Homebuilding Set to Boost US Economy After Two-Year Contraction – bbg
Stocks making the biggest moves before the bell: Starbucks, CarMax, Virgin Galactic and more – cnbc
German house prices fall by record 6.8% as higher mortgage costs deter buyers – ft
Eurozone PMI drops again in June, confirming weakness in economy – ing
German economy loses momentum in June as businesses face deteriorating demand conditions – pmi
French economy declines at fastest rate since February 2021 as service sector activity shows renewed weakness – pmi
Stubborn UK Inflation Triggers a Mortgage Crisis for Millions – bbg
Marketmind: Fragile Markets Wait on PMIs – Reuters
Hong Kong and Japan stocks tumble almost 2%; Asia markets fall – cnbc
A 99% Stock Crash and Surprise Default Raise Alarm in Thailand – bbg
Asia Stocks Set for Mixed Open as Bond Yields Rise: Markets Wrap – bbg
Thursday 06/22
Fed Emergency Bank Bailout Facility Usage Hits New Record High; Money Market Funds See Another Small Outflow – Zerohedge
VIX Crushed As Curve & Commodities Scream Recession; Banks Skid, Big-Tech Bid – Zerohedge
S&P 500, Nasdaq rise to end 3-day losing streak as investors snap up tech shares – cnbc
Jerome Powell’s Open-Mouth Operations – Zerohedge
WTI Extends Losses After Biden Admin Drains SPR For 12th Straight Week – Zerohedge
Stocks making the biggest moves midday: Overstock, Tesla, Accenture and more – cnbc
Rate Hikes Echo Around the World as Inflation Proves Unrelenting – bbg
A summary of the Fed Chair major comments during his testimony on Capitol Hill – FOREXLIVE
Existing Home Sales Unexpectedly Rose In May As Prices Tumble Most Since 2011 – Zerohedge
Marketmind: Dogged Central Banks Rein in Risk – Reuters
US Jobless Claims Hold at Highest Level Since October 2021 – bbg
The Number Of Americans Filing For First-Time Jobless Benefits Hits Highest Since Oct 2021 – Zerohedge
Stocks making the biggest premarket moves: Tesla, Darden Restaurants, Anheuser-Busch, Alcoa & more – cnbc
Morgan Stanley Raises Tesla Price Target To $250 While Downgrading Stock To Equal Weight – Zerohedge
JPMorgan’s Kolanovic Sees US Stocks Struggling Without Fed Cut – bbg
The Bank of England’s credibility is still on the line – ft
Pound Falls, Gilts Mixed After BOE Accelerates Rate-Hike Drive – bbg
Bank of England Delivers Hefty Rate Hike – Reuters
Bank of England’s Shock Rate Rise Divides UK Economist Reaction – bbg
Bank of England surprises with 50 basis point rate hike to tackle persistent inflation – cnbc
Europe stocks lower; Bank of England shocks with larger hike; Ocado shares pop 42% – cnbc
Yen Falls to Record Low Against Swiss Franc on Policy Divergence – bbg
Wednesday 06/21
Business Live – guardian
Morning Brief: Focus on Fed’s Powell – CB
Watch Live: Fed Chair Powell Tells Congress “Long Way To Go” In Inflation Fight – Zerohedge
‘Hawkish’ FedSpeak Hits Big-Tech; Bitcoin Soars As The Buck Breaks Down – Zerohedge
Wall Street Slips as Powell Hints at Further Rate Hikes – Reuters
Stocks close lower for third straight day, Nasdaq drops 1% as investors’ optimism wanes – cnbc
Intel stock drops 6% as company updates chip manufacturing plans – cnbc
Chipmaker Intel Restructures Manufacturing Business – Reuters
Retail Army Bets Record $1.5 Billion on Stocks at Fastest Pace Ever, JPMorgan Says – bbg
Fed’s Goolsbee Says Last Week’s Rate Decision Was a ‘Close Call’ – bbg
Stocks making the biggest moves midday: Dollar Tree, Amazon, FedEx and more – cnbc
Speculation In A.I. May Face Challenges – Zerohedge
Powell: Fed Inflation Fight ‘Has a Long Way to Go’ – Reuters
Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’ – cnbc
Fed’s Powell Says Higher Interest Rates Needed to Curb Inflation – bbg
Stocks making the biggest moves premarket: Spotify, FedEx, Tesla, Coinbase and more – cnbc
Only the Fed Can Stop 1999-Like Tech Rally, Wells Fargo’s Harvey Says – bbg
Futures Flat Ahead Of Powell Testimony – Zerohedge
German Recession Will Be Sharper Than Expected: Ifo – Reuters
Ifo sees German recession to be sharper than expected – forexlive
Goldman Strategists See Many Reasons for Hedging S&P 500 Rally – bbg
Explainer-Why Is Inflation So High in the UK? – Reuters
UK inflation shock piles pressure on the Bank of England – ing
UK Inflation Overshoots Again, Heaping Pressure on BOE – bbg
Real Estate Drags European Shares Lower; UK Inflation Fuels Rate Hike Worries – Reuters
Intel to Sell 20% of IMS to Bain at $4.3 Billion Valuation – bbg
European markets head for positive open; U.K. inflation data ahead – cnbc
Marketmind: Powell Patter, UK Shock, FedEx Warning – Reuters
Asia markets largely fall as Wall Street rally cools from last week – cnbc
China Extends Tax Breaks for New Energy Vehicles Until 2027 – bbg
Asia Stocks Set to Open Lower in Wake of US Losses: Markets Wrap – bbg
Tuesday 06/20
Business Live – guardian
Morning Brief: China Cuts LPR; Yen Pressure Mounts; German PPI Rise At Slowest Pace In Over Two Years – CB
FedEx’s forecast falls short of estimates amid weak demand – bbg
Stocks chop and bonds surge as desks warn of early month-end flows in quiet trade – Newsquawk US Market Wrap
Tech Momo Darlings, Crypto Pump As VIX, Rest Of Market Dump – Zerohedge
Stocks close lower for a second straight day, Dow sheds 200 points as market rally cools – cnbc
WisdomTree Files to Start a US Spot Bitcoin ETF on the Heels of BlackRock’s Application – bbg
BlackRock’s Surprising Bitcoin ETF Filing Helps Repair Grayscale GBTC Discount – bbg
Bitcoin Surges After New Cryptocurrency Exchange Backed By Citadel, Fidelity And Schwab Starts Operations – Zerohedge
EDX crypto exchange goes live offering bitcoin and ether trading, backed by Schwab and Fidelity – cnbc
Stocks making the biggest moves midday: Goldman Sachs, Avis, Rivian, Nike and more – cnbc
Global Chip Race Touches Off Spending Spree, Led by Intel’s $50-Billion Campaign – bbg
China-Exposed Miners, Luxury Shares Drag STOXX 600 Down; Lanxess Plunges – Reuters
Germany to Tap Climate Fund for €10 Billion Intel Chip Subsidy – bbg
Marketmind: US Housing Rebound, China Prime Cuts – Reuters
US Housing Starts Surge Most Since 2016, Exceed All Estimates – bbg
Shocking Housing Starts Data: Economists Blown Away By 11-Sigma Beat After Biggest Monthly Surge On Record – Zerohedge
Futures, Global Markets Drop For Second Day After China Stimulus Disappoints – Zerohedge
Rivian Adopts Tesla’s EV Charging Standard, Joining Ford, GM – Zerohedge
MiFID Revamp Could Reverse Ban on Bundling Research With Trading – bbg
Sanofi Cuts Zantac Exposure With Arbitration Win Over Boehringer – bbg
German May producer prices rise at slowest pace in over two years – Reuters
European markets head for lower open as confidence stalls – cnbc
Asia markets mixed as China cuts key lending rates – Reuters
Baidu Gains as Morgan Stanley Touts It’s Best AI Trade in China – bbg
China: Loan prime rates lowered – ING
China’s Central Bank Lowers LPR for First Time in 10 Months – yicaiglobal
Chinese Banks Cut Benchmark Lending Rates After PBOC Easing – bbg
China cuts two more key lending rates as economy sputters – cnbc
HSBC Cuts China’s GDP Forecast to 5.3% on Weak Property, Business Outlook – Reuters
Alibaba Names New Chairman, CEO in Surprise Succession Plan – bbg
Asian Stock Futures Mixed as Global Rally Wavers: Markets Wrap – bbg
Monday 06/19
JPMorgan Strategists Say Stocks Face Risks From Stalling Growth – bbg
Berlin to sign agreement with Intel after chip plant talks – forexlive
Crypto Investment Products Witness 9th Straight Week of Outflows: CoinShares – coindesk
Sweden’s Property Crunch Worsens as Another Landlord Cut to Junk – bbg
Sartorius Plunges as Covid Lab Equipment Provider Cuts Forecasts – bbg
A 2023 Recession Wouldn’t Be So Bad for Biden. A Downturn in 2024 Would – bbg
Spanish central bank raises 2023 GDP estimate to +2.3% from +1.6% – forexlive
Intel to Build $25 Billion Plant in Israel’s Largest Foreign Investment – bbg
European stocks head for lower open as market jitters continue – cnbc
Marketmind: Ready for More Rate Hikes, and One Cut – Reuters
Asia markets mostly fall as Japan hovers near 33-year highs – cnbc
China Seen Cutting Key Lending Benchmarks as Economy Slows – Reuters
The PBOC is expected to cut rates again on Tuesday, 20 June 2023: Loan Prime Rates (LPRs) – forexlive
Goldman Sachs Cuts China Growth Forecast as Property Slowdown Bites – Reuters
Goldman Sachs Cuts China GDP Forecast on Limited Stimulus Space – bbg
Goldman joins Wall Street banks in cutting China’s growth outlook as post-Covid bounce fades – cnbc