Weekend 01/14 & 01/15
Top 5 things to watch in markets in the week ahead – investing
Week Ahead: Highlights include US retail sales, China data, ECB minutes, UK data – forexlive
China’s Reopening Is a Mixed Blessing for Emerging-Market Assets – bbg
Goldman Raises Aluminum Forecasts on Higher Chinese and European Demand – bbg
Swiss Franc Is Losing its Edge as Euro’s Prospects Brighten – Zerohedge
As China Tech Stocks Roar Back, a New Normal Will Test Upside – Zerohedge
Bond Investors Are at a Crossroads With Fed Pause In Sight – bbg
BOJ Surprise Can’t Be Ruled Out in First Move of 2023 – bbg
China’s Junk Bonds Are Suddenly the World’s Hottest Credit Trade – bbg
Tech’s Slump Camouflages a Rally Sweeping Across Most of S&P 500 – bbg
First Signs of Recession Pain Look Set to Emerge from Earnings – bbg
UAE energy minister: OPEC+ faces oil market volatility in both supply and demand – REUTERS
China Reports Almost 60,000 Covid-Related Deaths in a Month – bbg
Charting the Global Economy: World Growth Forecasts Slashed – bbg
German Industry Moves Past Worst of Energy Crunch Battle – bbg
This Week in China: Xi’s Pivots, Broken Trust and Wolf Warriors – bbg
European Assets Are Now All the Rage as US Markets Sputter – bbg
Chip-Stock Rally Flies in Face of Weakening Tech Outlook – bbg
Friday 01/13
Falling inflation expectations helps pare earnings-induced stock losses – Newsquawk US Market Wrap – Zerohedge
Stocks, Bonds, Gold, & Crypto Soar As Markets Call Fed’s Bluff – Zerohedge
Dow closes 100 points higher, S&P 500 and Nasdaq notch best week since November – cnbc
Bitcoin Surges Above $21,000 Amid Optimism Around Inflation, FTX – bbg
Crushed Crypto Funds Are Suddenly Beating Every Other ETF – bbg
China’s Oil Demand Is Set To Hit A Record High In 2023 – Zerohedge
Defiant Bulls Stand Up to Fed With Trillion-Dollar Stock Rally – bbg
The Fed Sent $76BN To Treasury In 2022; It Is Now Sending $650 Million To Banks Every Day Instead – Zerohedge
Just one G-7 leader will join the Davos elite this year as regular people battle cost-of-living crisis – cnbc
Stocks making the biggest moves midday: JPMorgan Chase, Wendy’s, Virgin Galactic, Delta Air Lines, Tesla and more – cnbc
US Household Formation Late Last Year Seen Slowing Further – bbg
Yellen Warns US Will Hit Debt Limit Next Thursday, Will Take Extraordinary Measures To Avoid Default – Zerohedge
U.S. Investors Hunt for Gains in Foreign Stocks – Reuters
US Banks See Consumers Piling On Debt, Boosting Bottom Lines – bbg
U.S. Consumer Inflation Expectations Fall in January – Reuters
UMich Inflation Expectations Plunge To 20-Month Lows – Zerohedge
US Consumers’ Year-Ahead Inflation Views Drop to Lowest Since April 2021 – bbg
US PREMARKET
Rate Rises Could Add $8.6 Trillion to Global Borrowing Costs -S&P – Reuters
Stocks making the biggest moves in the premarket: JPMorgan, Virgin Galactic, Tesla and more – cnbc
Citi Traders Reap Record as Bank Girds for Tougher Times – bbg
Citigroup’s fourth-quarter profit declines by 21% as bank sets aside more money for credit losses – cnbc
Wells Fargo Profit Falls 50% on Higher Reserves – Reuters
Wells Fargo Misses Profit Estimate on Higher Reserves, Scandal Costs – Reuters
Wells Fargo Expenses Exceed Analyst Estimates on Regulatory Hit – bbg
Wells Fargo shares fall as bank’s profits cut in half by higher reserves, settlement costs – cnbc
JPM Slides After Missing On Trading And IBanking, Warns Of Macro “Deterioration” As It Boosts Credit Loss Reserves By $1.4BN – Zerohedge
JPMorgan Profit Rises 6% on Trading Strength – Reuters
JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now ‘central case’ – cnbc
BofA Sees Economic Slowdown Hurting Lending Income – bbg
Bank of America’s Fourth-Quarter Profit Beats Estimates – Reuters
BofA Reaps Benefits of Interest-Rate Hikes, Trading Volatility – bbg
Bank of America tops expectations as higher rates help offset declines in investment banking – cnbc
Investors Snap up Record $39 Billion Emerging Market Sovereign Bond Splurge – Reuters
U.S. Bond Funds Saw Biggest Weekly Inflow in 18 Months in Early Jan – Reuters
US Reshoring of Supply Chain to Be Limited by Costs, Studies Say – bbg
Delta Earnings Beat Estimates as Travel Demand Remains Strong – Reuters
Delta Forecasts First-Quarter Profit Below Wall Street Estimates – bbg
Summers Says Recession Still Looms, Fed Getting Closer to Done – bbg
UnitedHealth Quarterly Profit Beats as Medical Costs Stay Low – Reuters
BofA Strategists Say US Stocks Set For 10% Drop Before Later Rally – bbg
Global Equity Funds See First Weekly Inflow in 10 Weeks – Reuters
German Recession Fears Retreat Amid Surprise Year-End Stagnation – bbg
Vodafone Said to Plan Hundreds of Job Cuts in Cost-Cutting Drive – bbg
European Earnings Next Week Show Testing Times for Ericsson – bbg
Tesla Market Value Debate Rages On: Is It a Tech or Car Company? – bbg
Tesla Slashes Prices in US to Qualify Models for Tax Credit – bbg
Tesla Extends Price Cuts to U.S., Europe to Drive Demand – Reuters
Tesla cuts prices in the U.S. and Europe to stoke sales after lackluster year-end deliveries – cnbc
‘Doomsday Clocks’ Likely Needed Before Congress Hikes Debt Limit – bbg
German Economy Stagnated in Q4, Escaping Recession for Now – Reuters
UK Economy Grows Unexpectedly, Reducing Risk of Recession – bbg
European markets climb as investors monitor inflation, rate outlook – cnbc
Marketmind: Money in the Bank – Reuters
Marketmind: No Fears on Friday the 13th – Reuters
Asia-Pacific shares trade mostly higher following cooler U.S. inflation print – cnbc
Asian Stocks Set for Boost From Easing Inflation: Markets Wrap – bbg
Alibaba, Tencent Fall After Report Beijing Taking Golden Shares – bbg
Analysis-China’s Rapid Reopening Brings Joy and Woe for World Markets – Reuters
Global Funds Flock Back to China Equities as Sentiment Shifts – bbg
China’s PBOC Says It Will Avoid Flooding Economy With Stimulus – bbg
Japan Dec Core CPI Tipped at 41-Year-High 4.0%, Twice BOJ’s 2% Target – Reuters Poll – Reuters
BOJ Watchers See Earlier Policy Shift After December’s Surprise – bbg
BOJ May Tweak Yield Control This Year if Wage Hikes Broaden – Ex-Central Bank Official – Reuters
Bets Grow on BOJ Shift That Could Rattle Global Markets – bbg
Japan Yields Break Central Bank Ceiling as Markets Press for Policy Shift – Reuters
China Posts Record Trade Surplus for 2022 Despite Slowing Demand – bbg
Covid Wave May Last Three Months, China CDC Veteran Warns – bbg
TSMC Jumps as Investors Bet on Chip Giant’s Scale in Downturn – bbg
Morgan Stanley Says Wealth Clients ‘Bullish’ on China Reopening – bbg
Chinese Oil Demand Seen Hitting Record on Covid Zero Pivot – bbg
Asian Stocks Set for Boost From Easing Inflation: Markets Wrap – bbg
Thursday 01/12
IMF Chief Urges China to Stay the Course on Reopening Economy – bbg
Wall St Ends up Slightly; Data Suggests Inflation May Be on Downward Trend – Reuters
‘Soft’ CPI Sparks Dollar ‘Death Cross’; Buying-Panic In Bonds, Bitcoin, & Bullion – Zerohedge
Stocks close higher, Nasdaq clinches fifth day of gains after CPI report suggests cooling inflation – cnbc
US To Hit Debt Ceiling One Week From Today, Starting Countdown To Epic Chaos – Zerohedge
Explainer-Washington Creeps Toward a Debt Catastrophe, Again – Reuters
KB Home Sends Warning for Builders’ Stocks With Orders Miss – bbg
Debt Bomb, Biotech Bump and a Bond Rally: 2023 Money Predictions – Reuters
Mortgage Rates Fall to 6.33% in Biggest Drop Since Early December – bbg
Rebound in U.S. Stocks Faces Earnings Test – Reuters
Stocks making the biggest moves midday: Cognizant, American Airlines, Logitech and more – cnbc
Bitcoin Rally Shows That Where Tech Stocks Go, Cryptocurrencies Follow – bbg
Analysis-U.S. Credit Lures Investors but Recession Risk Could Mean Wild 2023 – Reuters
Copper Exporters to Benefit From China Reopening, AllianceBernstein Says – bbg
Fed’s Bullard Favors Getting Rates Above 5% ‘as Soon as Possible’ – bbg
Fed on Track for Rate-Hike Downshift After Cool Inflation Data – bbg
Analysis-Softer Inflation Print Stirs Hopes of ‘Goldilocks’ Scenario for U.S. Markets – Reuters
Cooler Inflation Mixed With Strong Labor Data Leaves Traders Puzzled – bbg
Yen Extends Gain Against Dollar Past 2% on Day, After US CPI – bbg
US PREMARKET
Bond Sales Break €99 Billion in Europe’s Busiest Week Ever – bbg
Gold Tops $1,900 for First Time Since May After US CPI Drops – bbg
Instant View: U.S. Consumer Prices Fall in December – Reuters
Services CPI Soars To Highest In 40 Years, Real Wages Shrink For 21st Month In A Row – Zerohedge
“Third Straight Month Of Good News On Inflation”: Wall Street Reacts To The CPI Report – Zerohedge
U.S. Inflation Retreating as Consumer Prices Fall; Labor Market Still Tight – Reuters
Consumer prices fell 0.1% in December, in line with expectations from economists – cnbc
Futures At Session High, Just Shy Of 4,000, Ahead Of CPI – Zerohedge
Disney Braces for Boardroom Battle – Reuters
Disney-Peltz Showdown Is a Throwback to the Corporate Raider Era – bbg
Nelson Peltz lays out his case for Disney proxy fight, slams Fox acquisition – cnbc
Disney Names Mark Parker Chairman, Rejects Trian Proposals – bbg
Disney and activist investor Nelson Peltz gear up for a proxy fight – cnbc
ECB Long-Term Loan Repayments From Banks Seen Slowing This Month – bbg
Bitcoin Eight-Day Win Streak Is Longest Since Dark Pandemic Days – bbg
European markets head for positive open; U.S. inflation data to come – cnbc
ASIA NEWS
Asia-Pacific shares trade mixed as U.S. inflation data remains firmly in spotlight – cnbc
China’s Factory Deflation Continues as Covid Outbreaks Spread – bbg
BOJ Faces Further Test to Its Yield Control as Inflation Creeps Up – Reuters
Yen Climbs as Traders Weigh Report on BOJ Side-Effects Check – bbg
TSMC Q4 Profit Rises 78%, Helped by Advanced Chip Sales – Reuters
Asia Stocks to Rise on Bets for Softer Inflation: Markets Wrap – bbg
Wednesday 01/11
Stocks and Bonds rally in quiet newsflow ahead of CPI – Newsquawk US Market Wrap
Stocks & Bonds Rip, Yield Curve Inversion Deepens Ahead Of ‘Most Important CPI Print Ever’ – Zerohedge
Dow closes 260 points higher, Nasdaq notches fourth day of gains ahead of key inflation report – cnbc
Stocks making the biggest moves midday: Bed Bath & Beyond, Tesla, Expedia and more – CNBC
Global PC Market Seen to Recover Late 2023 – Reports – Reuters
Barclays cuts Apple price target on concerns over demand weakness, slowing services growth – cnbc
Goldman Sees $110 Oil by Third Quarter on Full China Reopening – bbg
HSBC Expects Fed’s Final Rate Hike on Feb. 1, Cuts Next Year – Reuters
Bull Market Is Back as Recession Worries Fade, Yardeni Says – bbg
Stocks making the biggest moves premarket: CarMax, Salesforce, Coinbase and more – cnbc
Europe Debt Demand Is Already at Half a Trillion Dollars in 2023 – bbg
Futures Rise Ahead Of Inflation Data As China Reopening Lifts Sentiment Again – Zerohedge
Banks’ Revenue Bonanza Seen Under Threat From Looming US Recession – bbg
Copper Tops $9,000 as China Reopening Boosts Outlook for Demand – bbg
China Trauma Proves Too Much for US Funds to Trust Xi Just Yet – bbg
Bayer Shares Gain as Another Activist Investor Piles In – Reuters
FTSE 100 Nears Record High Despite Ongoing Turbulence in UK – bbg
Move Over TINA, It’s Time for TARA – Reuters
Europe’s Inflation Anxiety Is Fading More Quickly Than Prices – bbg
Low Use of Shortened Work Hours Points to Mild German Recession – Ifo – Reuters
BlackRock’s IShares Flows Top Vanguard’s ETFs, Fixed Income on the Up – Reuters
Apple to Begin Making In-House Screens in 2024 in Shift Away From Samsung – bbg
European markets head for positive open as investors look ahead to U.S. inflation data – cnbc
Marketmind: Keeping Counsel ‘Til CPI – Reuters
Marketmind: Risk On, Risk Off – Reuters
Asia-Pacific shares trade higher ahead of U.S. inflation report – cnbc
Asian Shares Touch Six-Month High, Focus Firmly on U.S. CPI Data – Reuters
Analysis-Foreigners’ Dry Powder Is Fuel for a Long Stock Market Rally in China – Reuters
Global Funds Bolster China Forays as Market Outlook Brightens – bbg
BOJ’s 2% Inflation Target Can Be Tweaked to ‘Range’, Deputy Governor Candidate Says – Reuters
Asian Stocks Set to Rise Amid Inflation Optimism: Markets Wrap – bbg
Tuesday 01/10
Gundlach Says Listen to Bond Market Rather Than Fed on Rates – bbg
Jeff Gundlach Live Webcast: “What’s Going On?” – Zerohedge
Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market – cnbc
Stocks and bonds diverge amid Damp Squib Powell – Newsquawk US Market Wrap
Stocks Squeeze Higher After Powell ‘Nothingburger’, Bonds Dumped – Zerohedge
Stocks close higher as investors await inflation report, Nasdaq notches 3-day win streak – cnbc
Hedge Fund Shorting Of Tech Stocks Hits Record High, Goldman Prime Finds – Zerohedge
Biggest Ever Bear-Market Bounces Create Unending Pain for Shorts – bbg
ECB’s Centeno: We Are Approaching the End of the Interest Rate Rise Process – Reuters
Stocks making the biggest moves midday: Bed Bath & Beyond, Coinbase, Virgin Orbit and more – cnbc
European Shares End Lower, Bayer Shares Jump – Reuters
Boeing Airplane Deliveries, Orders Jump in 2022 – Reuters
Global Inflation May Mean ‘Paradigm Shift,’ BIS’s Carstens Warns – bbg
Airbus Retains Sales Crown While Supply Woes Damp Deliveries – bbg
JPMorgan’s Trading Desk Sees Inflation Data Bolstering Bear-Market Rally – bbg
Marketmind: Obstacle Course Ahead – Reuters
US PREMARKET
Powell: Fed Needs Independence to Fight Inflation, Should Avoid Social Policy – Reuters
World Bank Warns Global Economy “Perilously Close To Falling Into Recession” – Zerohedge
World Bank Warns Global Economy Could Tip Into Recession in 2023 – Reuters
Coinbase to slash 20% of workforce in second major round of job cuts – cnbc
Futures Slump Ahead Of Powell Speech – Zerohedge
Bayer Shares Gain After It Raises Peak Sales Forecast for Drugs – bbg
German carmakers signal easing of supply chain woes – ft
In search of Russia’s foreign assets – voxeu
US banks set for bumper lending profits but face end of rate rise cycle – ft
U.S. Banks Get Ready for Shrinking Profits and Recession – Reuters
Goldman Sachs No Longer Expects Recession in Euro Zone in 2023 – Reuters
Europe’s Bond Sales Top $130 Billion in Record Time – bbg
European Shares Slip as Rate Hike Nerves Crimp Rally – Reuters
European markets head for lower open as investors gauge inflation outlook – cnbc
Marketmind: Paging Mr. Powell – Reuters
ASIA NEWS
Asia-Pacific markets trade mixed after Nasdaq extends gains backed by technology – cnbc
Asia Shares Dip on Hawkish Fed Remarks; Commods Rise on China Reopening – Reuters
Indonesia Stocks Hit Correction in Fund Shift to Cheaper Markets – bbg
Global Inflows During China Reopening Put Baht in a Sweet Spot – bbg
Economists see a silver lining to China’s COVID chaos: better-than-expected 2023 economic growth – fortune
China Sees Over 250,000 Arrivals on Day One of Border Reopening – bbg
Morgan Stanley Bumps up China Growth, Stocks and Yuan Forecasts – Reuters
Morgan Stanley Joins Goldman in Bullish Call on Chinese Assets – bbg
Tokyo inflation all the more reason for BOJ to look towards policy shift – forexlive
Consumer Inflation in Japan’s Capital Exceeds BOJ Target for 7th Month – Reuters
Tokyo Inflation Hits 4% for First Time Since 1982, Spending Dips – bbg
Asia Stocks Set for Tepid Opening on Hawkish Fed: Markets Wrap – bbg
Monday 01/09
Jefferies Profit Tumbles as Deal Slump Persists – bbg
Stocks relinquish gains despite further dovish Fed pricing – Newsquawk US Market Wrap
S&P 500 Near Flat as Investors Weigh Chances of Less Aggressive Rate Hikes – Reuters
Dollar Death-Cross Looms As Rate-Cut Hopes Soar Ahead Of Powell Speech – Zerohedge
Nasdaq notches second day of gains as investors buy beaten-up tech shares like Tesla – cnbc
Apple Plans to Drop Key Broadcom Chip to Use In-House Design – bbg
US Consumer Borrowing Tops Forecast on Higher Credit-Card Balances – bbg
Stocks making the biggest moves midday: Tesla, Nvidia, Lululemon and more – cnbc
Used-Car Prices Record “Largest Annualized Decline In Series’ History” – Zerohedge
Fed Could Hike Rates by 25 or 50 Basis Points on Feb. 1, Daly Tells WSJ – Reuters
Fed’s Bostic Favors Holding Rates Above 5% for ‘a Long Time’ – bbg
Daly Sees Fed Raising Rates Above 5%, But How Far Is Unclear – bbg
US Corporations Are Still Lining Up to Buy Back Their Own Shares – bbg
Debt-Cap Risks for Markets to Intensify If Stopgap Deals Are Used – bbg
Factbox-The 10 Biggest U.S. Retail Bankruptcies in 5 Years – Reuters
Nickel Market Faces New Shock as ‘Big Shot’ Boosts Metal Output – bbg
Biotechs CinCor, Albireo Jump on Takeovers by Larger Drugmakers – bbg
US Inflation May Not Be So Bad, Pre-World War II Data Suggest – bbg
Biggest Junk-Bond ETF Draws Most Cash Since 2020 as Debt Rallies – bbg
US Consumers’ Inflation Expectations Slip in New York Fed Survey – bbg
NY Fed Survey Finds 1-Year Inflation Expectations Drop To 5.0%, Lowest Since July 2021 – Zerohedge
Short-Term Inflation Expectations Continue to Decline, Tick up Slightly in Longer Term – nyfed
Biopharma Giants Gather at JPMorgan Conference After ‘Depressing’ Year – bbg
US PREMARKET
Stocks making the biggest moves premarket: Lululemon, Duck Creek, Mastercard, Uber and more – cnbc
Futures Rise On China Reopening, End Of Tech Crackdown As Asia Enters Bull Market – Zerohedge
Earnings Remain Key Risk for Tech Stocks After Worst Year Since 2008 – bbg
Activist Investor Jeff Ubben Acquires Stake in Germany’s Bayer – bbg
Swiss National Bank Posts Record $143 Billion Loss in 2022 – Reuters
Key Events This Week: All Eyes On CPI – Zerohedge
ECB Sees ‘Very Strong’ Wage Growth Ahead in Next Few Quarters – Reuters
Crypto Tops Stocks, Gold in New Year Gain Shadowed by Skepticism – bbg
Value Stocks to Lure Investors During Grim Earnings Season – bbg
Global Central Banks Aren’t Declaring Victory Over Inflation Yet – bbg
European markets set for positive open, buoyed by China reopening – cnbc
Marketmind: Seeing Through Another Shock – Reuters
Marketmind: Goodbye to All That – Reuters
Banks’ Bad Loan Provisions, Housing Market Fears: US Earnings Week Ahead – bbg
ASIA NEWS
Asia-Pacific markets rise as China reopens borders with Hong Kong – cnbc
Alibaba Leads China Tech Gains as Regulatory Woes Ease Further – bbg
Asia Stocks On Track to Enter Bull Market as China Rally Extends – bbg
Goldman Sees China Stock, Yuan Gains Extending on Policy Shifts – bbg
Asian Stocks Set to Follow US After ISM Miss, Jobs: Markets Wrap – bbg
Marketmind: Soft Landings and Re-Openings – Reuters
#earnings for the week https://t.co/lObOE0dgsr$TLRY $BAC $UNH $JPM $DAL $CMC $WFC $C $AYI $TSM $BLK $BK $ACI $SNX $KBH $WDFC $JEF $FRC $AZZ $ETWO $ACCD $APLD $OGI $SAR $NTIC $RFIL $WIT $INFY $NOTV pic.twitter.com/pL9n1P9Ei8
— Earnings Whispers (@eWhispers) January 7, 2023