TOP MARKETS NEWS: Week 04/12 – 04/18

Weekend 04/17 & 04/18

US Senate Republicans could be supportive of a smaller Infrastructure Bill – forexlive
Bitcoin Crashes As Much As 15% Amid Unsubstantiated Report Of Money Laundering Crackdown – Zerohedge
The State Of The ‘Third Wave’ In Europe – Zerohedge
Trader Fueled Lavish Lifestyle Running Singapore’s “Largest Ever Suspected Investment Fraud” – Zerohedge
Apollo Joins Exodus To Florida As New York Tax Hike Drives Out Wealthy – Zerohedge
Edward Snowden NFT Sells For $5.4 Million In Ethereum – Zerohedge
Iconic Retail Investor “Roaring Kitty” Doubles Down On Gamestop, Now Owns 200,000 Shares – Zerohedge
Behind Thursday’s Treasury Fireworks: Shift In Reaction Function Means Strong Data Is Bad – Zerohedge
Week Ahead: MC Easy Bee – nordea
Chinese Aluminum Price Soar To 11-Year Highs As Decarbonization Efforts Slash Energy To Smelters – Zerohedge
S&P 500 EARNINGS SEASON UPDATE: APRIL 16, 2021 – factset
76% Rise In Stocks Since The March Low Is The 3rd Largest Jump In 100 Years… What Happens Next – Zerohedge

Friday 04/16

China’s record 18.3% growth boosts global recovery hopes – business live – guardian

SpaceX Wins $2.9 Billion Contract To Return To Moon On Same Day Musk’s Favorite Crypto Also “Moons” – Zerohedge
There Is Now A Dogecoin Billionaire Worth $15BN – Zerohedge
Dogecoin Skyrockets To All-Time Highs Reaching $52.2 Billion Market Cap As Robinhood App Reports Outage Issues Due To Heavy Cryptocurrency Trading – forbes
Morgan Stanley Reports Record Earnings, Stock Slides On Surprising $911MM Archegos Loss – Zerohedge
Global equity funds attract biggest inflow in three weeks: Lipper – Reuters
Bitcoin Tumbles As Turkey Bans Cryptocurrency Payments – Zerohedge
E-euro starts to take shape :Mike Dolan – Reuters
The Complex Global Supply Chain Of Semiconductors Explained In One Chart – Zerohedge
China’s Economy Grows By A Record 18.3% In Q1; It’s Not Enough – Zerohedge
China’s GDP hits record growth but post-COVID recovery seen losing steam – Reuters


Thursday 04/15

Business Live – guardian
Bond Yields Are Tumbling. Here’s Why… – Zerohedge
Stock market news live updates: Stocks jump, S&P 500 and Dow hit record highs after retail sales, jobless claims top estimates – yahoofinance

Stocks making the biggest moves after the bell: DraftKings, QuantumScape, PPG & more – cnbc
Dow jumps 300 points to top 34,000 for the first time amid blowout economic data – cnbc
Einhorn: “The Market Is Fractured And In The Process Of Breaking Completely” – Zerohedge
JPMorgan to Sell $13 Billion of Bonds in Largest Bank Sale Ever – yahoofinance
Coinbase’s debut is monumental for the crypto industry, despite volatility: CNBC After Hours – cnbc
The 10-year Treasury yield slid on Thursday. Why it could be good news for stocks – cnbc
TuSimple Stock Stays Flat in Debut After Pricing Above Expected Range – caixin
AXA Switzerland Allows Customers to Pay in Bitcoin – coindesk
Biden Targets Russian Sovereign Debt, Expels 10 Diplomats, In Sweeping Sanctions Action – Zerohedge
Dollar – Why it Failed to Rally on Strong Retail Sales – bk
JPMorgan says it’s time for US corporate taxes to catch back up with the rest of the world – businessinsider
Brevan Howard Joins Crypto Craze In Main $5.6 Billion Fund – Zerohedge
Three Reasons Why Banks Are Slumping Despite Stellar Earnings – Zerohedge
“The Shortage Will Continue”: Taiwan Semi Warns Chip Shortage Could Extend Into 2022 – Zerohedge
Industrial Production Rebound Disappoints In March – Zerohedge
U.S. preparing for 1-year COVID-19 booster shots; Pfizer chief sees need – Reuters
PepsiCo revenue rises 6.8% despite unbalanced economic recovery outside of the U.S. – cnbc
Initial Jobless Claims Crash To Pandemic Lows; There’s Just One Thing… – Zerohedge
BofA Jumps On Solid Beat Thanks To Jump In Trading Revenue, Reserve Releases – Zerohedge
Bank of America tops estimates on Wall Street trading and banking, release of loan-loss reserves – cnbc
Citigroup beats estimates on reserve release, says it is exiting 13 retail markets outside the U.S. – cnbc
Saxo: Absolute Equity Valuations Enter New Territory – Zerohedge
European markets set for mixed open with earnings and inflation in focus – cnbc
Asian shares defensive, dollar struggles near one-month lows – Reuters
Chinese Stocks Slide As Latest PBOC Cash Injection Again Disappoints Traders – Zerohedge
China stocks fall as tightening fears mount ahead of GDP data – Reuters

Wednesday 04/14

World stocks rise to fresh record highs as bond yields ease – business live – guardian
Stock market news live updates: Stocks end mixed after bank earnings, Coinbase falls below debut price – yahoofinance

Dell jumps as it unveils VMware stock spinoff plan – cnbc
S&P 500 falls from record as tech weakness offsets rally in bank shares, Nasdaq closes 1% lower – cnbc
Dollar Dumps Amid COIN Carnage, Archegos Angst, & Ignited Inflation – Zerohedge
A Third Bank Joins The Doom Chorus, Sees Painful Correction In 3 Months: Here’s Why – Zerohedge
WTI Spikes Above $62 After 3rd Straight Weekly Crude Draw, Optimistic IEA Report – Zerohedge
Beige Book Upgrades Economic Activity To “Moderate” From “Modest” – Zerohedge
“Wall Street Took The Win, Again”: Snapshot Summary Of Big Bank Earnings – Zerohedge
Coinbase valued at $76bn in coming-of-age moment for cryptocurrency – ft
The Coinbase co-founders met on Reddit and launched the company out of a two-bedroom apartment when ‘a bitcoin was worth $6’ – cnbc
‘Bitcoin Proxies’ Stumble As Coinbase Opens At $100 Billion, Bigger Than Fidelity & Vanguard – Zerohedge
Coinbase sizzles in market debut amid cryptocurrency frenzy – afp
Coinbase Skyrockets In Nasdaq Listing, Landing $105 Billion Valuation On First Day Of Trading – forbes
$COIN — it’s only the beginning – coinbase
Coinbase CEO says regulation and cybersecurity are 2 of the biggest threats to cryptocurrency – businessinsider
“All The Good News Are Priced In”: BofA Lists 5 Reasons Why The S&P Will Drop To 3,800 – Zerohedge
Bernie Madoff Has Died, Age 82 – Zerohedge
Wells Fargo Reports Another Disappointing Quarter: Interest Income Tumbles Again As Expenses Mount – Zerohedge
Wells Fargo profit beats estimates as bank frees reserve funds – Reuters
Wells Fargo earnings top estimates on $1.05 billion release of loan loss reserves, stock jumps 5.6% – cnbc
Goldman Sachs reports record results that top the Street amid booming investment banking – cnbc
Goldman Jumps After Monster Equity Trading Quarter Thanks To Reddit, SPAC Mania – Zerohedge
JPM Reports Blowout Earnings On $5.2BN Reserve Release; Stock Drops On Warning Of “Challenged” Loan Demand – Zerohedge
JPMorgan profit surges on trading, investment banking boost – Reuters
JPMorgan Chase beats profit estimates on strong trading, $5.2 billion release of loan-loss reserves – cnbc
Credit Suisse slides 2% as Archegos-related stock unwind continues – Reuters
Global PC Demand Grew At Fastest Pace Since Dot Com Years – Zerohedge
In world first, Denmark ditches AstraZeneca’s COVID-19 shot – Reuters
European markets set to inch higher with earnings, data and vaccines on the radar – cnbc
Coinbase listing marks latest step in crypto’s march to the mainstream – Reuters
World stocks hit record high as bond yields ease with inflation fears – Reuters
New Zealand stays on hold to keep economy on recovery path – Reuters
New Zealand introduces financial sector climate reporting law – finextra
Surprise drop in Japan machinery orders stokes recovery fears – Reuters
China’s bad debt managers risk becoming bad credits themselves – Reuters


Tuesday 04/13

Business Live – guardian
FDA advises states to pause use of J&J Covid vaccine after rare blood-clotting issue affects 6 women, kills 1 – cnbc

Credit Suisse is still unloading shares of Discovery from Archegos – cnbc
Coinbase gets reference price of $250 per share from Nasdaq ahead of Wednesday’s direct listing – cnbc
S&P 500 closes at record, Nasdaq adds 1% as stocks shake off J&J vaccine halt, higher inflation – cnbc
Coinbase is unlike any market debut Wall Street has ever seen – cnbc
What the Coinbase listing means for the price of bitcoin and other cryptocurrencies – cnbc
Chinese, U.S. luxury lovers power rebound at LVMH – Reuters
Bond Yields Tumble After Spectacular 30Y Auction- Zerohedge
US Calls For Pause On J&J COVID Vaccine Due To Deadly Blood Clots – Zerohedge
“This Is A Fatal Event”: China’s Bond Market Hammered After Huarong Bankruptcy Rumors – Zerohedge
Nomura Tightens Leverage For Some Hedge Funds Clients As ECB Starts Asking Questions – Zerohedge
US Consumer Prices Jump At Fastest Pace Since 2009 As Energy Costs Surge – Zerohedge
Brexit has already cost £11.5billion in trade, Centre for European Reform think tank estimates – standard
Crypto About To Top Apple Market Cap As Bitcoin, Ethereum Surge To New Record Highs – Zerohedge
Dr. Anthony Fauci explains what the U.S. ‘pause’ on J&J’s Covid vaccine means – cnbc
Futures Slide After US Suspends J&J Vaccine – Zerohedge
Q1 Earnings Will Be Stellar, But Are Fully Priced-In And Only Guidance Will Matter – Zerohedge
Air France-KLM prices capital hike at 4.84 euros per share – Reuters
Amid SEC Crackdown, Southeast Asian Delivery App Grab Going Public In Record $40 Billion SPAC – Zerohedge
European stocks set for muted open as data and earnings come into focus – cnbc
Brits See Fastest Decline In COVID Cases In The World – Zerohedge
New Zealand introduces climate change law for financial firms in world first – cnbc
Asia shares bounce on strong China trade data – Reuters
China’s Credit Growth Moderates In April, Putting Credit Impulse In Jeopardy – Zerohedge
China’s exports rise at robust pace in March, imports growth highest in four years – Reuters
What Are The Next Steps For US Fiscal Policy: A Goldman Q&A – Zerohedge

Monday 04/12

Business Live – guardian
Fed’s Bullard Says 75% Vaccination Rate Would “Allow Taper Debate”… Which Could Happen In Just Two Months – Zerohedge
Covid variant from South Africa was able to ‘break through’ Pfizer vaccine in Israeli study – cnbc
Stock market news live updates: Stocks pull back from record levels as investors await earnings – yahoofinance

Bullard Bloviation Sinks Stocks After S&P Tops Year-End Analyst Estimates – Zerohedge
ETF investors say Coinbase listing will cause explosion in crypto investing – cnbc
Are Americans Really Going To Spend $2 Trillion In “Excess Savings” – Zerohedge
NYSE launches ‘First Trade’ NFTs of Spotify, Snowflake and more – cnbc
Nvidia to directly challenge Intel with Arm-based ‘Grace’ server chip – Reuters
Nvidia stock rises as it sees better-than-expected first quarter – cnbc
Factbox: Biden jobs plan includes $50 billion for chips research, manufacturing – Reuters
Intel stock dropping after Nvidia announces server chip – cnbc
Tailing 10Y Auction Sees Sufficient Demand To Avoid Puke – Zerohedge
Stocks making the biggest moves midday: Tesla, Nuance Communications, Uber and more – cnbc
Tesla rallies after Canaccord upgrades rating, says it is like Apple – Reuters
Tax Hikes To Cause 1 Million Job Losses By 2023, Study Finds – Zerohedge
Exclusive: Goldman risk group examines 2021 market events for lessons – sources – Reuters
Sotheby’s First NFT Auction Kicks Off Today – Zerohedge
Rabo: Powell Can’t Wait To See “Actual Inflation” To Hike… But What Do We Have Right Now – Zerohedge
European markets set for slightly lower open, tracking global sentiment – cnbc
German Government Pitches Plan To Reimpose Harsh Lockdown Measures – Zerohedge
What policy divergence means for metals – ing
Another COVID Myth Dies The Death – Zerohedge
Analysis: Big U.S. Treasury auctions could restart rise in yields – Reuters
Asia shares anxious for earnings season, U.S. data deluge – Reuters
Alibaba shares jump 8% after being hit with $2.8 billion fine in anti-monopoly probe – cnbc
Key Events This Very Busy Week: CPI, Retail Sales And Q1 Earnings Start – Zerohedge