TOP MARKETS NEWS: Week 01/02 – 01/08

Weekend 01/07 & 01/08

Top 5 things to watch in markets in the week ahead – investing

Pro-Bolsonaro Rioters Breach Into Congress, Presidential Palace – bbg
China Extends Aggressive Gold Buying With Another 30 Tons Purchase In December – Zerohedge
Wall Street Still Counting on Big Tech Rip Once Fed Eases Hikes – bbg
Masked Economists Fret Over Perils Ahead for Global Growth – bbg
Your Sunday Briefing: Getting Down to Business – bbg
Conviction Eludes Emerging-Market Rebound as Pain Points Remain – bbg
China’s Open Borders Mark Covid Zero End, Spark Homecoming Rush – bbg
Travelers rush to take advantage of China reopening – abcnews
Your Sunday Asia Briefing: China’s Costly Return, Chip Sales – bbg

Europe Inflation Barb Gives New Year Bond Fizz a Bitter Taste – bbg
Year of the Bond Starts With a $150 Billion Spree – bbg
US CPI Will Help Determine Size of Next Fed Rate Hike: Eco Week – bbg
Risk Is Inflation Not Falling Back to 2%, Says Fidelity’s Timmer – bbg
Optimism Makes Comeback on Wall Street With Soft Landing Eyed – bbg
World Bank to Warn of Global Recession Risk in Economic Outlook – bbg
Charting the Global Economy: Core Inflation in Europe Hits a Record – bbg
China Reopening May Add Almost 1% to Australia Economy: JPMorgan – bbg
Your Saturday Asia Briefing: China’s Reluctant Tourists – bbg

 

Friday 01/06

Business Live – guardian

Soft wage growth sees markets rejoice amid dovish Fed repricing – Newsquawk US Market Wrap
Wall St Rallies as Jobs, Services Data Calm Rate Hike Worries – Reuters
Slowing Salaries & Slumping Services Spark Savage Stock/Bond-Buying Spree – Zerohedge
Stocks stage first big rally of 2023 as hope grows that inflation will ease, Dow closes up 700 points – cnbc
Macy’s Says Holiday Sales Were Weaker Than Previously Expected – bbg
Whiplash: Energy Markets Start 2023 With Biggest Weekly Dive in Years – Reuters
Stocks making the biggest moves midday: World Wrestling Entertainment, Bed Bath & Beyond, Costco and more – cnbc
U.S. Service Sector Contracts in December, Price Increases Slow – ISM Survey – Reuters
ISM Services Slumps Into Contraction, Factory Orders Plunge Most Since COVID – Zerohedge
Tesla Shares Tumble As More Price Cuts Hit Markets – Zerohedge
Global Equity Funds Post Outflows for Ninth Week in a Row – Reuters

Look Who’s Back – Reuters

Inside The “Strong” Jobs Report: Full-Time Workers -1K; Part-Time Workers +679K – Zerohedge
US Payrolls Show Labor Market Remains Strong but Wages Rises Cool – Reuters
December Payrolls Beat Expectations But Wage Growth Disappoints, Lowest Since August 2021 – Zerohedge
US Hiring Tops Forecasts, Jobless Rate Falls as Wage Gains Slow – bbg
Futures Flat Ahead Of Closely Watched Jobs Report – Zerohedge
Emerging-Market Stocks Rise to Six-Month High Versus S&P 500 – bbg
Take Five: Welcome to 2023 – Reuters
World Food Prices End Year Where They Started After Dramatic Run – bbg
Big Fall in Euro Zone Inflation Offers Little Help for ECB – Reuters
Euro-Zone Inflation Slows Sharply With Hope That Peak Has Passed – bbg
German Retail Sales Rise 1.1% M/m in November – Reuters
German Industrial Orders Fall More Than Expected in November – Reuters
German Factory Orders Slump as Manufacturers Remain Under Siege – bbg
Tesla Cuts Prices Once Again in China, Introduces S and X Models – bbg
Stock Swoon Resets Valuations but Recession Risk, Rates Cloud Outlook – Reuters
Citi Strategists Prefer Cheaper Europe Stocks Over US Equities – bbg
European markets mixed ahead of key euro zone inflation data – cnbc

Marketmind: Relentless – Reuters

Asia-Pacific markets mostly rise as Fed signals more pain ahead – cnbc
China May Ease ‘Three Red Lines’ Property Rules in Big Shift – bbg
China Stock Traders Bet Consumption Will Supercharge 2023 Rally – bbg
China’s Cascade of Economic Support Measures Spurs Yuan Buying – bbg
China Set to Reclaim Third of Global Emerging-Market Stock Gauge – bbg
In Huge Policy Reversal, China Will Ease “Three Red Lines” Rule To Kickstart World’s Biggest Asset Bubble – Zerohedge
Surging Recovery Bets on China Stocks Face Reality Check – Reuters
BOJ Sees Little Need to Rush Major Yield Adjustments – bbg
BOJ Faces Renewed Pressure to Defend New Yield Ceiling – bbg
Japan’s Real Wages Fall Most Since 2014 in Challenge for BOJ – bbg
Nomura Says BOJ May Further Reduce Frequency of ETF Purchases – bbg
Samsung Profits Plunge 69% As Global Chip Demand In ‘Full-Fledged Ice Age’ – Zerohedge
Samsung Profit Plunges 69% on Sharp Memory Price Declines – bbg

Asia Stocks Face Mixed Open After US Shares Fall: Markets Wrap – bbg

 

Thursday 01/05

Business Live – guardian

Dow closes 300 points lower after strong jobs data signals more rate hikes – cnbc

Treasury Yields Surge as Strong Jobs Data Bolsters Fed Hike Bets – bbg
Stocks making the biggest moves premarket: Silvergate Capital, Walgreens, Amazon and more – cnbc
Negative-yielding debt wiped out by Japan central bank’s policy shift -FT
Italy Inflation Slows in Further Sign Europe May Be Past Peak – bbg
U.S. Inflation Has Not ‘Turned the Corner Yet’, IMF’s Gopinath Warns -FT – Reuters
Amazon to Slash More Than 18,000 Jobs in Escalation of Cutbacks – bbg
European markets head for lower open as investors focus on data, Fed – cnbc

Marketmind: Minutes Come, Minutes Go – Reuters

Asia-Pacific shares rise as investors digest private survey data on China services – cnbc
Japan lifts coupon rate on 10-year JGBs to 0.5%, highest since 2014 – asianikkei
Hong Kong stocks are off to their best start since 2018 on China recovery hopes – cnbc
China Caixin Services PMI for December 48.0 (vs. prior 46.7) – forexlive
HK Plans to Reopen Border With China by Mid-January, Lee Says – bbg
Chinese Builder Defaults on Bonds Despite State Help for Sector – bbg
Foreigners Cash Out From Southeast Asia Stocks After Strong Year – bbg
China Commodity Bulls See Big Gains After Near-Term Covid Pain – bbg
Japan PM Kishida Urges Faster Wage Hikes to Avoid Stagflation – Reuters

Asia Stocks to Rise After S&P 500 Snaps Losing Run: Markets Wrap – bbg


Wednesday 01/04

Business Live – guardian

Fed minutes: No rate cuts in 2023, inflation risk remains in focus – yahoofinance
Fed Admits Recession Is “Plausible”, Pushes Back Against “Unwarranted” Easing Expectations – Zerohedge
Minutes of the Federal Open Market Committee – fed
Fed Wants ‘Flexibility’ on Rates as Inflation Remains Key Focus, Minutes Show – Reuters
ETF Market Expanded in 2022 Through Bear Market, But Took Hits – bbg
U.S. Labor Market Still Tight; Manufacturing Slump Continues – Reuters
US Job Openings Top Forecasts as Tight Labor Market Likely to Keep Rates High – bbg
U.S. Manufacturing Sector Contracts, Prices Decline in December-ISM – Reuters
US Manufacturing Contracts for a Second Month, Prices Ease – bbg
Tech to Suffer as Cost Cuts Come Late, Morgan Stanley Says – bbg
Microsoft Shares Lag Big Tech Peers as Growth Worries Prompt UBS Downgrade – Reuters
GE HealthCare Jumps in Volatile Trading Debut After Spinoff – bbg
Factbox-Corporate America Lays off Thousands as Recession Worries Mount – Reuters

Fed’s Kashkari Favors Raising Rates Another Point, Then Pausing – bbg
Stocks making the biggest moves premarket: General Electric, Salesforce, Alibaba and more – cnbc
Alibaba Leads Rally in US-Listed China Stocks on Ant Capital Nod – bbg
JP Morgan bumps up China 2023 growth forecast, again.. – FOREXLIVE
Upbeat Economic Data Powers European Shares to Third Day of Gains – Reuters
Global Hedge Funds Plan 2023 Around Inflation Risk – Reuters
New Hedge Fund Soars 163% Betting Everything Is Going Down – bbg
Odey’s Hedge Fund Soars 152% in Best Ever Year on Inflation Bet – bbg
Eurozone downturn eases in December as price pressures cool – PMI
French Inflation Unexpectedly Slows, Easing Pressure on ECB – bbg
Deutsche Bank Strategist Feels ‘Lonely’ in Expecting European Stock Rally – bbg
Sanofi Expects Q4 Earnings Boost From Foreign Exchange, Flu Vaccine Sales – Reuters
Pound Outlook Dims as UK Central Bank Takes Dovish Crown From Japan – bbg
Cathie Wood Buys Tesla Stock Amid Plunge After Deliveries Miss – bbg
European markets advance as investors await Fed minutes – cnbc

Marketmind: New Year, Same Ol’ Fed – Reuters

Hong Kong stocks rise 3%, leading gains in the Asia-Pacific as investors look ahead to Fed minutes – cnbc
China’s Central Bank Pledges ‘Targeted, Prudent’ Monetary Policy – bbg
China Shares Extend Gain on Tech Rally, Property Rescue Measures – bbg
BOJ to Raise Forecasts for Key Inflation Gauge – Sources – Reuters
China Resumes Residential Real Estate Funds in Further Support – bbg
Stay overweight on China stocks to capture upside momentum as UBS, Deutsche Bank back economic outlook – SCMP
Wall Street Banks Like Goldman Turn Pessimistic on World’s Biggest Chipmaker TSMC – bbg
BOJ Boosts Bond Buying for Fourth Day to Cap Rise in Yields – bbg
Japan’s Kishida, Central Bank Governor Pressure Firms for Higher Pay – Reuters
Global Funds Sell Record Amount of Japan Bonds on BOJ Pivot Bets – bbg

Asia Stocks Face Muted Opening as US Shares Fall: Markets Wrap – bbg


Tuesday 01/03

Business Live – guardian
Slowcession – moodys

Wall St Starts the Year With a Dip; Apple, Tesla Shares Drag – Reuters
New Year starts with a stock slide and dollar drive – Newsquawk US Market Wrap
Biden Bear Market Enters Year Two, Gold Hits 6-Month High – Zerohedge
Stocks close lower on first trading day of 2023, hurt by slumping Apple, Tesla – cnbc
BofA’s Stock Indicator Is Closest It’s Been to ‘Buy’ Since 2017 – bbg
Stocks making the biggest moves midday: Tesla, Wynn, Traeger, Amazon and more – cnbc
“An Awful Year”: The Best And Worst Performing Assets Of December, Q4 And 2022 – Zerohedge
European Shares Rise on Big Pharma Boost, German Inflation Slows – ReutersUS 

US PREMARKET
Gloom and Boom: Fund Managers’ Top Picks for 2023 – Reuters
Stocks making the biggest moves premarket: Tesla, Coty, PayPal and more – cnbc
German Inflation Slowed After Government Picked Up Gas Bills – bbg
Dollar Makes Strong Start to 2023 After Months-Long Slump – bbg
German Unemployment Falls in December – Reuters
German Unemployment Unexpectedly Falls in Sign of Resilience – bbg
Material Shortages Ease Further for German Manufacturers – Ifo – Reuters
iPhone City Is Back at 90% Capacity After Covid Turmoil Subsides – bbg
Bonds to Stage Comeback as Hedge for Stock Losses, Investors Say – bbg
European markets up 1.7% as travel stocks get a boost – cnbc

ASIA NEWS
Asia-Pacific markets trade mixed as region kicks off 2023 – cnbc
China Stocks Start 2023 on Volatile Note as Covid Impact Watched – bbg
TikTok owner ByteDance cuts hundreds of jobs at multiple departments in China, sources say – SCMP
Bank of Japan needs the courage to change course – FT
Asia Factories Remain Under Pressure as Global Demand Slows – bbg
Yen Rises to Strongest Level Since June After BOJ Policy Shift – bbg
Five Things to Watch in Asia Stocks After $5 Trillion Wipeout – bbg

Yen Strengthens, Equities Fall as Trading Resumes: Markets Wrap – bbg
Marketmind: China in Spotlight as 2023 Properly Gets Going – Reuters
Marketmind: Making Waves – Reuters

 


Monday 01/02 – US MARKETs Closed

China Beige Book says China economy dropped significantly in Q4, Q1 recovery unlikely – forexlive
Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year – cnbc
Tesla Notches Record, Delivering 405,278 Cars in Fourth Quarter – bbg
Stocks Edge Higher as Darker Forecasts Loom – Reuters
Darkest Days Likely Over for Euro Zone Factories, Dec PMIs Show – Reuters
EZ: Manufacturing downturn eases further as supply conditions stabilise and inflation cools – PMI
European Shares Start 2023 on Upbeat Note on Encouraging Factory Data – Reuters

Yen Starts Year on Front Foot as Traders Eye Dollar Cliff Edge – bbg
Hong Kong Property Expected to Recover on China Border Reopening, Finance Chief Says – bbg