Weekend 04/01 & 04/02
Fed May Take Comfort With US Jobs Seen Showing Moderating Wages – bbg
One Risk Was Missing From Strategists’ 2023 View: Banking Crisis – bbg
Tesla Misses Delivery Estimates as Weak Economy Overshadows Price Cuts – Reuters
Tesla Deliveries Rise to Record After Slashing Prices on EVs – bbg
Russia Extends Pledged Oil Output Cuts Through 2023, Novak Says – bbg
OPEC+ Announces Surprise Cuts of Around 1.16 Mbpd From May to Year-End – Reuters
Saudi Arabia Makes Surprise 500,000 Barrels a Day Oil Output Cut – bbg
A $15 Billion Swap-Based ETF Exposes the Latest ESG Headache – bbg
Iraq Kurd oil exports to resume Monday under Baghdad supervision – arabnews
Iraq, Kurds Agree to Resume Oil Exports Through Turkey This Week – bbg
Mind the Aftershocks: Post-Tantrum Market Calm Unnerves Traders – bbg
OPEC+ to Hold Its Ground Amid Oil Tumult Caused by Bank Crisis – bbg
Bond Traders Eye More Gains After Volatile But Lucrative Quarter – bbg
SVB’s Fall Stunned Even the One Stock Analyst Who Said to Sell – bbg
Soaring Auto Loan Rates Are the Latest Roadblock for Car Sales – bbg
Veteran Money Managers Bail on Stock Rally With Fed Hawks Flying – bbg
Charting the Global Economy: Recovery in China Gathers Pace – bbg
Best Quarter Since 2019 Makes Euro-Area Bonds Shine Again – bbg
GM Sees Edge in EV Market From New US Tax Credit Rules – bbg
Bearish Sentiment on Stocks Is Best Thing Rally Has Going for It – bbg
Friday 03/31
US Bank Deposit Outflows Decelerated in Second Week After SVB Collapse – bbg
US Bank Deposits and Lending Both Dropped Last Week Amid Turmoil – bbg
Stocks close higher Friday, Nasdaq notches best quarter since 2020 – cnbc
Chaos in Banks Buoy Short Sellers Hit by Tech Stocks’ Surge – bbg
What Crisis? U.S. Bank-Focused ETFs See Strongest Demand in Months in March – Reuters
Summers Warns ‘Too Early’ for All-Clear on US Financial Turmoil – bbg
Republic First Is ‘NOT’ First Republic, But Try Telling Traders That – bbg
Resilient U.S. Stocks Failing to Factor in Recession, Investors Fear – Reuters
Tech’s Retrenchment Hammers Landlords With Glut of Empty Offices – bbg
Tesla’s Price War: Cheaper Cars Expected to Drive Record Sales – Reuters
Stocks making the biggest moves midday: Bed Bath & Beyond, Digital World Acquisition, Nikola and more – cnbc
U.S. Diesel Stocks Bounce in Sign of Economic Slowdown – Reuters
Britain’s FTSE 100 Index Is Back to Being the Poor Man of Europe – bbg
ECB’s Lagarde Says Core Inflation Still ‘Significantly’ Too High – bbg
Bond Traders Trim Bearish Turkey Bets on Possible Erdogan Defeat – bbg
US Year-Ahead Inflation Views Retreat Again, Lowest Since 2021 – bbg
US Consumer Mood Darkens but Banking Turmoil Impact Limited So Far, UMich Says – Reuters
“Recession Ahead” – UMich Consumer Sentiment Slides For First Time In 4 Months – Zerohedge
US Consumer Spending Slows, but Seen Boosting First-Quarter GDP Growth – Reuters
Chile Copper Output at Six-Year Low Underscores Market Tightness – bbg
China Reviewing US Chipmaker Micron’s Products for Cyber Risks – bbg
Hedge Funds Retrench After Getting Pummeled During Wild March – Reuters
Instant View: US Feb PCE Price Index Shows Inflation Keeps Cooling – Reuters
Fed-Favored Inflation Gauge Rises by Less Than Forecast, Spending Moderates – bbg
Global Money Market Funds See Strong Demand for Fifth Week in a Row – Reuters
Analysis-Outlook for European Banks Left Clouded as Storm Abates – Reuters
Investors Rack up U.S. Money Market Funds for a Third Straight Week – Reuters
Exclusive-Chinese Lithium Producers Set Price Floor as Demand Evaporates -Sources – Reuters
What Is Lemon8 and What Are Its Links With Under-Fire TikTok – bbg
First Quarter ‘Dash for Cash’ Largest Since Early 2020 -BofA – Reuters
Bitcoin’s Stealth Rally Puts It Atop the Quarterly Scoreboard Once Again – bbg
Morgan Stanley Raises 2023 Euro Area GDP Growth Forecast to 0.8% – Reuters
EPS recession is coming; Citi upgrades US equities, Tech to Overweight – streetinsider
Citigroup Sees Global Profits Shrinking 5% in Aftermath of Banking Turmoil – Reuters
Goldman’s Rubner Sees Stocks Primed for Further Gains in April – bbg
Rio Tinto Sells 55% of Key Peru Copper Project to First Quantum – bbg
European stocks close higher as banking concerns continue to ease; H&M up 16% – cnbc
Markets in Q1: Moving Fast and Breaking Things – Reuters
Marketmind: Q1 Was Hard to Get a Handle On, and a Choppy Q2 Beckons – bbg
Asia-Pacific markets climb after tech stocks led gains on Wall Street – cnbc
Asian Shares Ride High in Q1 but Steel for U.S. Inflation Data – Reuters
China Stocks Seen Staging Comeback as Growth Fuels Risk Appetite – bbg
China Home Sales Continue to Rise in Latest Sign of Recovery – bbg
China’s Economy Keeps Up Momentum as Services Activity Surges – bbg
IMF Urges BOJ to Allow Longer Yields to Move More Flexibly – Reuters
IMF Says BOJ Should Avoid Premature Exit from Monetary Easing – bbg
BOJ Seen Reducing Bond Buying as Yields Drop on Banking Woes – bbg
Tokyo Inflation Slows Further Ahead of BOJ Leadership Shift – bbg
South Korea Cuts Chip Production Most Since Global Financial Crisis as Demand Cools – bbg
FTSE Holds Off Adding South Korea, India to Key Bond Indexes – bbg
Asia Stocks Poised to Extend End-of-Quarter Rally: Markets Wrap – bbg
Thursday 03/30
Business Live – guardian
Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO – bbg
Fed Officials Keep Rate Hike Door Open, Say Bank Stress May Weigh on Outlook – Reuters
Explainer-Why Is Britain Joining a Trans-Pacific Trade Pact? – Reuters
Fed Balance Sheet Dips As Deposit-Run Eases While Bankers Blast Biden’s Premature Re-Regulation – Zerohedge
Stocks extend gains despite bank weakness and haven strength – Newsquawk US Market Wrap
Gold Gains As Banks Buckle Again, Dollar Dumped – Zerohedge
Stocks close higher a second-straight day, Dow jumps more than 100 points: Live updates – cnbc
White House to Midsized Banks: Boost Liquidity, Capital, Testing – Reuters
Barkin Says He’s Undecided on Rate Move at Next Fed Meeting – bbg
Kashkari Says Unclear If SVB Collapse Will Cause Credit Crunch – bbg
US Semiconductor Index Hits Highest in Nearly a Year on Hopes for Industry Turn – Reuters
Banking Chaos Creates ‘Once-in-a-Decade’ Bond Buying Opportunity – bbg
US Corporate Profits, Gross Domestic Income Fell at End of 2022 – bbg
Former Credit Suisse CEO Blames Deutsche Bank Slump on Speculators – bbg
Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more – cnbc
Euro Climbs Toward Two-Month High as Risk Mood Weighs on Dollar – bbg
Samurai Bonds Lure East Europe as Core Markets Get Pricer – bbg
Exclusive-Germans Shun Deposits Abroad on Fear of New Crisis – Reuters
Stock Sales Suffer Worst First Quarter Since 2009 on Rates, SVB – bbg
Analysis-After Extraordinary Rally, Bonds’ Fate Now With Bank Stability and Inflation – Reuters
Aging Boomers Explain Shrinking Labor Force, NY Fed Study Says – bbg
Marketmind-World Markets Leaving March Like a Lamb – Reuters
Q4 GDP Comes In Below Estimates On Sharp Slowdown In Personal Spending Ahead Of Looming Credit Crunch – Zerohedge
Only a Quarter of Unemployed US Workers Filed for Benefits in 2022 – bbg
Jobless claims edge up to 198,000, higher than expected – cnbc
US Unemployment Claims Tick Up for First Time in Three Weeks – bbg
Futures Storm Higher On Easing Bank Stress, Looming Quarter-End – Zerohedge
How Bidenflation Was Made – Zerohedge
Stocks making the biggest premarket moves: RH, Charles Schwab, Walmart and more – cnbc
Barclays warn of a 2nd wave of deposit outflows from US banks – the ‘sleepy’ depositors – forexlive
German Inflation Eases Less Than Expected in March – Reuters
German Inflation Slows Sharply as War-Induced Energy Spike Fades – bbg
Gordon Johnson: Cutting Tesla’s Q1 Delivery Estimates Due To “Demand Crush” – Zerohedge
Has the eurozone economy started a quiet revival? – ing
Silicon Valley Bank and Fed Supervisors: What’s Known So Far – Reuters
European stocks set to open higher as banking concerns continue to ease – cnbc
Marketmind: as Banking Worries Slowly Slip Into Rear View, Markets Fret on Fed – Reuters
Asia markets trade mixed; ASX hits two-week high as banking fears ease – cnbc
After a more than $1 trillion rout, Beijing appears to be warming to Chinese tech giants – cnbc
A $3 Trillion Threat to Global Financial Markets Looms in Japan – bbg
Asia Stocks Poised for Gains After US Share Rally: Markets Wrap – bbg
Wednesday 03/29
Business Live – guardian
Bear Calls Are Getting Louder on European Real Estate Stocks – bbg
Who’s afraid of commercial real estate? – ft
Electronic Arts is cutting about 800 jobs, or 6% of workforce, and reducing office space – cnbc
Bonds “Quiet, Too Quiet” As Big-Tech Soars Into New Bull Market – Zerohedge
NDX enters technical bull market as bond-sell off loses momentum and Yen longs unwind – Newsquawk US Market Wrap
Stocks close higher on Wednesday as tech names lead a turnaround, Dow adds 300 points – cnbc
S&P Sees Corp High-Yield Default Rate Doubling by Year End – Reuters
Eurozone Headline Annual Inflation Poised To Ease, But Pesky Core Rate Dogs Central Bankers – livesquawk
Cash Is a ‘Compelling Alternative’ to Stocks, Bank of America Says – bbg
FDIC Weighs Squeezing Big Banks To Plug $23 Billion Hole From Small Bank Failure Costs – Zerohedge
AT1 Yields Near Record Show Lasting Damage From Credit Suisse – bbg
Stocks making the biggest moves midday: Lululemon, Micron, Carnival, Foot Locker & more – cnbc
Fed Official Tells Congress Many to Blame for Silicon Valley Bank Failure – Reuters
Banks Boost European Stocks, UBS Climbs After Naming Ermotti CEO – Reuters
Turkey Is Shunned by Emerging-Market Hedge Funds Before Vote – bbg
BofA Sees Risk of Another FX Liquidity Crunch After Bank Crisis – bbg
US Pending Home Sales Unexpectedly Rise to Highest Since August – bbg
Marketmind-Bank Calm, Rates Firm, Alibaba Steals Show – Reuters
Futures Gain On China Tech Optimism, Easing Bank Fears; Nasdaq On Pace For Best Quarter In 3 Years – Zerohedge
Instant View: Sergio Ermotti Makes Surprise Comeback to Lead UBS Into New Era – Reuters
Column-Shadow Bank Boxing as Money Funds Drain Deposits :Mike Dolan – Reuters
Credit Suisse sale ‘forever impairs the ability to issue AT1s’, investors warn – ft
German Consumer Morale Slows Down on Path to Recovery – GfK – Reuters
UBS Brings Back Ex-CEO To Lead Credit Suisse Takeover – Zerohedge
Factbox-Five Facts About Returning UBS CEO Sergio Ermotti – Reuters
Nvidia’s Sizzling AI-Driven Rally Flashes a Warning – bbg
Jefferies Sends A Warning To The Big Banks As Profit Plunges – Zerohedge
European markets head for a broadly higher open, but doubts linger over banking sector – cnbc
Marketmind: Alibaba Fires up Market Mood – Reuters
Hong Kong shares jump almost 2% as Alibaba surges 15%; Asia markets largely up – cnbc
BOJ’s Key Policy Architect Signals Yield Curve Tweak May Come as a Surprise – bbg
Alibaba’s Cheap Valuation Shows Big Room to Grow With Overhaul – bbg
Yen Is Wall Street’s Favorite Trade – bbg
China Tech Offers Bright Spot for Asian Shares: Markets Wrap – bbg
Tuesday 03/28
Business Live – guardian
Credit conditions and real estate are back in focus – SAXO
Explainer-What Are Credit Default Swaps and Why Are They Causing Trouble for Europe’s Banks? – Reuters
Europe’s Banks in ‘Better Place’ Than U.S. in Terms of Commercial Property Risk – JPMorgan – Reuters
Jefferies Profit Falls as Dealmaking Slump Trims Results – bbg
Flash PMI data signal accelerating developed world economic growth in March – spglobal
Micron Q2 results fall short of estimates amid weaker demand – investing
Micron Sales Forecast Spurs Hope That Slump’s Worst Is Over – bbg
Large cap weakness weighs on stocks as yields rise – Newsquawk US Market Wrap
Banks & Big-Tech Breakdown, Credit Calm, Bitcoin & Bullion Bounce – Zerohedge
Stocks close lower, Nasdaq drops a second day as higher yields press tech names: Live updates – cnbc
SVB, Signature Trading Resumption Is Lifeline for Options Owners – bbg
“Economic Headwinds Are Building” – Jeff Gundlach Warns Of Imminent Recession – Zerohedge
ICYMI – Barclays highlights supply issue implying upside risk to its $92 Brent forecast – forexlive
Oil Firm Starts Shutdown in Kurdistan Amid Iraq-Turkey Dispute – bbg
US stocks turn lower as regional banks begin to struggle – forexlive
US Officials Signal New Rules for Banks After SVB, Signature Failures – bbg
Fearing Credit Crunch, Hedge Funds Flee Petroleum – Zerohedge
G20 Watchdog to Review Lessons From Recent Bank Rescues – Reuters
How The Collapse Of SVB Led To A $16 Billion Taxpayer-Funded Gift For One Bank – Zerohedge
Stocks making the biggest moves midday: Micron, Paramount, McCormick and more – cnbc
Fed’s Bullard Says Rates Hikes Are Directed at Inflation, Not Bank Stress – bbg
BlackRock warns that investors are making a mistake by betting on the Fed to cut rates – cnbc
European Stocks Erase Gains as Banking Sentiment Remains Fragile – Reuters
Regulators Blame Friday’s Deutsche Bank Crash On Single CDS Trade – Zerohedge
A Single Bet on Deutsche Bank’s Credit Default Swaps Is Seen Behind Friday’s Rout – bbg
Conference Board Confidence Improves, Inflation Expectations Rise In March – Zerohedge
US Consumer Confidence Rises as Americans Shrug off Bank Failures – Reuters
US Consumers Are More Hopeful About the Outlook for the Economy and Jobs – bbg
Marketmind-Swinging Between Bank Fears and Rate Risks – Reuters
Marketmind: Calm Returns: Investors Switch to Bank Fundamentals – Reuters
US PREMARKET
Futures Flat As Attention Turns To Fed Rate Hikes – Zerohedge
BYD Posts 11-Fold Jump in Q4 Profit -Filing – Reuters
US Annual House Price Growth Slows Further in January – Reuters
“Delay Your Home Purchase” – Bob Shiller Warns As Prices Slide For 7th Straight Month – Zerohedge
US Housing Cools Further, With Prices Down 3% From the Peak – bbg
US Goods Trade Deficit Widens as Exports Decline – Reuters
US Goods-Trade Deficit Grows Slightly to Widest Since October – bbg
Peak Rates Can’t Come Soon Enough For Real Estate – Zerohedge
For Battered U.S. Bank Shares, Earnings May Make or Break – Reuters
French Strikes Leave Millions of Barrels of Oil Stuck on Tankers – bbg
Stocks making the biggest moves before the bell: Alibaba, Lyft, Walgreens and more – cnbc
French Financial Prosecutor Searches 5 Banks on Tax Fraud Claim – bbg
Banking turmoil ‘likely to have consequences’, stay away from U.S. stocks – Citi – investing
JPMorgan Asset Bets Corporate Credit Will Weather Bank Turmoil – bbg
Markets Are Wrong on US Rate-Cut Bets, BlackRock Says – bbg
Oil’s Swoon Prompts Rush by Top Users to Protect Against Rebound – bbg
Instant View: Alibaba to Split Into Six Units – Reuters
Alibaba Shares Soar After Company Unveils Breakup Into Six Companies – Zerohedge
Alibaba Splits Into Six Units That May Pursue Individual IPOs – bbg
Alibaba to split into 6 units and explore IPOs; shares pop 9% – cnbc
Euro 7 Emissions Proposals, the Sequel Europe’s Carmakers Don’t Want to See – Reuters
Goldman Sachs says generative A.I. could impact 300 million jobs — here’s which ones – cnbc
CFTC Calls Ether A Commodity In Binance Suit, Highlighting Complexity Of Classification – Zerohedge
JPMorgan’s Coleman Favors Junk Bonds If There’s a US Recession – bbg
European markets head for higher open as investors hope volatility has passed – cnbc
Asia markets trade mixed as contagion fears from banking turmoil ease – cnbc
Asian Stocks Set to Gain as Bank-Sector Fears Ease: Markets Wrap – bbg
Monday 03/27
Business Live – guardian
Money pulled from eurozone banks at record rate in February – ft
Binance Isn’t FTX. It’s Much Bigger and More Systemically Important to Crypto – bbg
Goldman Says AI Will Spur US Productivity Jump, Global Growth – bbg
Explainer-What Is the FDIC’s Deposit Insurance Fund Used to Backstop Failed Banks? – Reuters
Fearing credit crunch, hedge funds flee petroleum: Kemp – Reuters
Oil Holds Surge as Supply Disruption Adds to Market Optimism – bbg
Kurdistan’s 400,000-Bpd Oil Exports Still Shut-In As Talks With Iraq Fail – oilprice
Fed’s Jefferson Says It Will Take Time to Curb High Inflation – bbg
Global Financial Risks Have Risen Amid Bank Turmoil, IMF Chief Warns – Zerohedge
Pinterest to Reduce Office Spaces as Part of Restructuring – Reuters
Bonds tumble as banking prospects improve – Newsquawk US Market Wrap
Bitcoin, Bonds, Big-Tech, & Bullion Breakdown As Banks & Black Gold Bounce – Zerohedge
Dow closes nearly 200 points higher, S&P 500 notches third straight advance as bank shares jump – cnbc
Gundlach Predicts a US Recession Will Start in a Few Months – bbg
Billionaire Family Expands First Citizens by Scooping Up Failed Banks – bbg
FDIC Grants First Citizens Rare $70 Billion Credit Line for SVB – bbg
Crypto Industry Defies Strife as ETP Debuts Pick Up, Flows Rise – bbg
Stocks making the biggest midday moves: Coinbase, First Citizens, Roku and more – cnbc
US Banking Concerns Shift From Crisis to Growth Woes – Reuters
Crypto Advocates Shrug Off CFTC’s Lawsuit Against Binance – bbg
Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks – bbg
Oil fights its way back into the old range in a $3 jump. What happened and what’s next – forexlive
Hedge Funds Flee Banks, Lending-Related Stocks – Reuters
First Citizens’ Stock Surge Leaves FDIC Already in the Money – bbg
US Regulator Sues Top Crypto Exchange Binance, CEO for ‘Willful Evasion’ – Reuters
“Stagflation Is Upon Us” – Dallas Fed Manufacturing Survey Contracts For 11th Straight Month – Zerohedge
World Bank Warns of ‘Lost Decade’ in Global Growth Without Bold Policy Shifts – Reuters
US PREMARKET
Stocks making the biggest moves premarket: Pinterest, First Citizens, Caterpillar & more – cnbc
A $600 Billion Rally in Big Tech Stocks Is Not Without Risks – bbg
Carnival Corp Posts Smaller Loss on Resilient Travel Demand, On-Board Spending – Reuters
BioNTech Sees Vaccine Drop, Underlining Shift Toward Cancer – bbg
Futures, Yields And Bank Stocks Storm Higher As Bank Crisis Fears Recede – Zerohedge
Banking Crisis Raises Concerns About Hidden Leverage in the System – bbg
Peter Schiff: This Is A Sequel To 2008 And Like All Sequels It Will Be Worse Than The Original – Zerohedge
German Business Morale Unfazed by Banking Turmoil – Reuters
Morgan Stanley Strategist Says Earnings Are Next Risk to Equities – bbg
Half of US Employees Earn Extra Cash on the Side, Survey Finds – bbg
Deutsche Bank Bounces as Analysts Reassure on Financial Health – bbg
‘The first bank crisis of the Twitter generation’: The pressure on banks is very different to 2008 – cnbc
First Citizens to Buy Silicon Valley Bank After Run on Lender – bbg
First Citizens Bank to buy Silicon Valley Bank deposits and loans – cnbc
Shrinking food stamp benefits for families mean yet another challenge for retailers – cnbc
European markets head for higher open as the region’s banks are watched closely – cnbc
Marketmind: Brittle Banks Find a Berth – Reuters
Marketmind: Banks Are Leaking Money – Reuters
Asia-Pacific markets trade mixed as banking sector stress lingers – cnbc
Asia Shares Skittish, US and Europe Futures Edge Higher – Reuters
Indian Banks to Gain $36 Billion in Deposits as Funds Get Taxed – bbg
China’s Economic Recovery Faces Risks From Global Trade Slump – bbg
China Central Government Is Borrowing at Fastest Pace on Record – bbg
IMF Chief Urges China to Rebalance Economy Toward Consumption – bbg
US Stock Futures Edge Higher, Currencies Fluctuate: Markets Wrap – bbg
Key Events This Week: Light On Data, Heavy On Fed Speak – Zerohedge
Week Ahead: Hearings on SVB; BOE, ECB and FED Speakers; Eurozone CPI; China Official PMIS – christophe_barraud