TOP MARKETS NEWS: Week 01/28 – 02/03

Friday 02/01

Business Live – guardian

Eurozone manufacturing sector moves closer to stagnation – markit
GERMANY: Sharp fall in new orders causes PMI to fall into contraction territory in January – markit
Giant Pension Fund Takes $136 Billion Hit in Worst Quarter Ever – Bloomberg

Deutsche Bank posts first annual profit since ’14 – Marketwatch
Every time Chinese stocks are this cheap they spend the next year soaring, says AllianzGI boss – scmp
Caixin China manufacturing PMI falls in January – Marketwatch


Thursday 01/31

Business Live – guardian

Facebook worth $45 billion more after earnings set it up to be potential ‘comeback story of 2019’ – Marketwatch
Surprised by Fed’s dovish tilt, economists cut forecasts of future interest-rate hikes – Marketwatch
Amazon Drops After Guiding To Worst Revenue Growth Since 2001, Slowing Prime Subscriptions – Zerohedge
S&P 500 rises on strong earnings, closing out the best January since 1987 – cnbc
Trading The Powell Capitulation: Nasdaq Meltup On Deck As CTAs Turn “100% Max Long” – Zerohedge
Trump Won’t Accept Trade Deal Unless China Opens Market To Manufacturers, Bankers And Farmers – Zerohedge
Trump says final U.S.-China deal won’t be made until he meets Xi – Marketwatch
Chicago economy grows at slowest pace in 2 years and not just because of cold snap – Marketwatch
EU charges eight banks over euro government bond trading cartel – Reuters

It’s official: Italy’s economy has slipped into recession – businessinsider
Deutsche Bank Sees Merger by Mid-Year If All Else Fails – Bloomberg
Hundreds More Chinese Companies Just Warned on Profits – Bloomberg
Central Banks’ Gold-Buying Spree Reaches 50-Year High – Zerohedge
Central Banks Are on the Biggest Gold-Buying Spree in a Half Century – Bloomberg
Barclays to move £170bn to Dublin over no-deal Brexit fears – guardian
Chinese Company That Paid Debt In Ham Is Running Out Of Pigs – Zerohedge
China Company That Paid Debt in Ham Instead of Cash Is Running Low on Pigs – Bloomberg
China’s nonmanufacturing PMI inches higher – Marketwatch
China’s manufacturing better, but still listless – Marketwatch



Wednesday 01/30

French economic growth beats forecasts despite gilet jaunes protests – business live – guardian

“Patient” Fed Capitulates To Market, Surprises With Unexpected Balance Sheet Unwind Adjustment – Zerohedge
Italy’s Borghi Confident That Cash-Strapped Carige Won’t Need a State Rescue – Bloomberg
U.S. added 213,000 private-sector jobs in January, ADP says – Marketwatch
Loan market asks Japanese regulator to exempt CLOs from proposed rules – Reuters
Alibaba Beats Estimates After Day of Disaster for China Earnings – BloombergQuint
Boeing shares surge after monster earnings beat and a record $101 billion in annual revenue  – cnbc
German Economy Expected to Grow at the Slowest Pace in Six Years – Bloomberg

Nation’s Biggest Life Insurer Says Profits Plunged Last Year on Weak Stock Market – caixinglobal

Novartis earnings narrowly miss expectations, shares down 2% – cnbc
Key takeaways from China’s pro-growth measures – xinhuanet
Little Known Drug Stock Hits Japan $50 Billion Startup Index – Bloomberg
Behind the rise of China’s smartphone brands lies growing unease over country’s tech gains – scmp
China’s economic reforms are working. The bad news is the pain may get worse – scmp
Trade wars: We’re next, European investors fear – Reuters
More local governments in China set lower 2019 GDP growth targets – yuantalks
Guangdong’s growth slump is seen as a turning point for China’s economy, say analysts – scmp
Huawei and suppliers prepare defense against US export ban – asianikkei



Tuesday 01/29

Apple earnings arrive amid iPhone doubts and FaceTime bug: Live blog – Marketwatch

Another shutdown spells deeper pain for U.S. economy: Moody’s – Reuters
Earnings news helps support gains for European markets – Marketwatch

Copper, other metals, set for modest rebound in 2019 – Reuters Poll – Reuters

Asia shares slip as China’s Huawei in legal hot water; focus on Sino-U.S. talks – Reuters
Chinese small-cap stocks tumble in mainland trading on concerns earnings will trail projections – scmp
Top Regulator Urges More Insurance Investment in Stocks – caixinglobal



Monday 01/28

Business Live – guardian

U.S. files criminal charges in two Huawei cases, seeks extradition of CFO Meng Wanzhou – cnbc
Morgan Stanley “Confident This Early Year Rally Will Fade” – Zerohedge
CBO Unveils Apocalyptic Long-Term Debt Picture With US Set To Borrow Over $1 Trillion For Second Year – Zerohedge
McElligott: January 30 Marks The Peak Risk For A Violent S&P Selloff – Zerohedge

U.S tariffs will slow GDP growth: Congressional Budget Office – Reuters

$1.5 trillion U.S. tax cut has no major impact on business capex plans: survey – Reuters
Brace For A Barrage Of Delayed Economic Data – Zerohedge
“A Firehose Of News”: Preview Of The Insanely Busy Week Ahead – Zerohedge

ECB’s Draghi warns that uncertainty is weighing on sentiment – Reuters
Nvidia Stock Is Taking a Beating After a Huge Sales Forecast Cut – barrons
Vale suspends dividends, buybacks and bonuses after Brazil dam disaster – Reuters

Caterpillar earnings miss: $2.55 per share, vs $2.99 expected – cnbc

Long winter’s nap? Global slowdown, market fears could extend Fed pause – Reuters

Powell on the Spot After Fed’s Monetary Messages Whipsaw Market – Bloomberg

Column: Hedge funds return to oil as OPEC removes some downside risk – Reuters
Chinese developers racing to issue bonds for debt repayment – yuantalks
Shanghai promises more open economy, tax cuts amid expectations of slowest economic growth since 1990 – scmp
JP Morgan’s Wall Street chief says more market meltdowns like December’s rout are coming – cnbc
Lloyds unveils 100% mortgage for first-time buyers – guardian
The Commodities Feed: Specs build long in Brent – ing