TOP MARKETS NEWS: Week 04/19 – 04/25

Weekend 04/24 & 04/25

What Higher Corporate Taxes Mean For The Market: A Surprising Observation – Zerohedge
Week ahead: Knocked down by a Euro-area feather! – nordea

Friday 04/23

Business Live – guardian
Daily Update: April 23, 2021 – spglobal

Crypto Investors Are Spending Millions Buying NFTs On Virtual Real Estate – Zerohedge
“Bubble Markets… If Only There Were Signs”: Here Are BofA’s Bull, Bear And Base Cases For 2021 – Zerohedge
US Manufacturing, Services PMIs Surge To Record Highs Amid “Unprecedented Supply Chain Disruptions” – Zerohedge
21 Remarkable Stats For ’21 – Zerohedge
“Our Bullish Conviction Is Now Lower”: JPM Joins Major Banks In Turning Bearish On “Easy” Market Gains – Zerohedge
American Express posts Q1 revenue of $9.1B, down 12% – breakingthenews
“Top Cap Gains Rate Will Be 26%-30%”: Why Angst Over Biden’s Capital Gains Is Overdone – Zerohedge
Is The Bitcoin Selloff Over: One Indicator Suggests The Liquidation Is Behind Us – Zerohedge
Futures Rebound From Cap Gains Tax Selloff – Zerohedge
Schlumberger Q1 revenue at $5.2B , down 30% YoY – breakingthenews
Eurozone PMI shows underlying strength and a booming manufacturing sector – ing
Fat Valuations and Tech Stocks Seen as at Risk in Biden Tax Plan – Bloomberg
Daimler Q1 revenue rises 10% to €41.02 billion – breakingthenews
European markets head for slightly lower open with data, earnings in focus – cnbc
Biden tax fears leave Bitcoin, Ether groggy – Reuters
Japanese shares fall on pandemic concerns, Wall Street decline – Reuters
Asian shares shake off U.S. tax worries, cryptocurrencies plunge – Reuters
China shares rise, led by green, healthcare stocks; HK also up – Reuters
India reports more than 330,000 new Covid cases, setting a fresh global record – cnbc


Thursday 04/22

Business Live – guardian

Intel revenue and profit drop slightly from last year, beating expectations – cnbc
Dow closes more than 300 points lower following reports of Biden eyeing capital gains tax hike – cnbc
Stunned Wall Street Responds To Biden’s Shock Proposal To Double Cap Gains Tax – Zerohedge
Biden Plans Capital Gains Tax Hike To Help Finance $1.5 Trillion “Human Infrastructure” Package – Zerohedge
New Covid variant detected at Texas A&M lab shows signs of antibody resistance and more severe illness in young people – cnbc
Banks Are Drowning in Cash. Why That’s a Problem. – barrons
4 Reasons Why EURO Tanked on ECB – bk
Economic growth is ‘peaking’: Goldman Sachs – yahoofinance
VC Firm Of Moderna Chairman Sold $1.4 Billion Of Stock In Two Months – forbes
Stocks Puke As Biden’s Capital Gains Tax Reality Strikes – Zerohedge
Biden to propose capital gains tax of 39.6% to fund education and child care, reports say – cnbc
Stocks making the biggest moves midday: AT&T, Dow, Fisker, Southwest Airlines & more – cnbc
GOP Unveils Slimmed Down $568 Billion Infrastructure Counteroffer—Here’s What It Leaves Out – forbes
Republicans unveil $568 billion infrastructure package to counter Biden – Reuters
Here are Thursday’s biggest analyst calls of the day: Tesla, Amazon, Alphabet, Microsoft & more – cnbc
Ethereum Surges To Record Highs As Bitcoin Dominance Tumbles – Zerohedge
ECB Keeps Policy Unchanged, Reaffirms Faster Bond-Buying – Zerohedge
Futures Flat In Muted Session As Reflation Concerns Rise – Zerohedge
Turkish cryptocurrency platform founder vanishes, fraud suspected – dw
Americans On Jobless Benefits Jumps Back Above 17 Million As Initial Claims Dip – Zerohedge
American and Southwest report stronger bookings, ramp up schedules ahead of summer – cnbc
American Airlines Q1 revenue down 53% to $4B – breakingthenews
AT&T posts Q1 revenue at $43.9B, up 2.7% – breakingthenews
Market Cap Of Money-Losing Companies Surpasses Dot Com Bubble Record – Zerohedge
European markets head for higher open following global rally; ECB meeting ahead – cnbc
Credit Suisse posts 252 million Sfr Q1 loss as Archegos wipes trading gains – Reuters
Credit Suisse reports $275 million first-quarter loss after Archegos hedge fund scandal – cnbc
Investor Positioning Is Now At Record Highs – Zerohedge
Renault posts falling revenue amid turnaround effort – cnbc
Renault Q1 revenue down by 1.1% YoY to €10 billion – breakingthenews
SAP: Q1 EPS at €0.88, up 29% YoY – breakingthenews
Coffee and dairy help Nestle beat expectations in first quarter – cnbc
Nestle revenue rises 1.3% to 21.09B Swiss francs in Q1 – breakingthenews
Sidestepping taper talk, ECB to stick to stimulus plans – Reuters
Australia’s Stimulus Debate Gets a Jolt From Canada’s Taper – Bloomberg
PRECIOUS-Gold hovers near eight-week high on easing U.S. dollar, yields – Reuters
Recession risk looms as Japan eyes 3rd state of emergency to contain pandemic – Reuters
India reports record single-day jump in Covid cases, with more than 314,000 new infections – cnbc
Asia joins global equity rebound; oil weak on COVID-19 worries – Reuters
Hyundai’s Q1 revenue up 8.2% YoY to $24.52B – breakingthenews
Malaysia issues $800 million U.S. dollar sustainability sukuk, world’s first by a sovereign – Reuters
In First Since 2016, Japanese Investors Panic After Stocks Tumble… And BOJ Refuses To Buy ETFs – Zerohedge


Wednesday 04/21

Business Live – guardian

Credit Suisse had more than $20 billion exposure to Archegos investments – WSJ – Reuters
Ethereum Erupts, Small Caps Soar As S&P Breadth Reaches Record High – Zerohedge
U.S. adds about 100 countries to its ‘Do Not Travel’ advisory list – Reuters
UiPath surges 17% on NYSE debut – breakingthenews
Record Direct Bids Underscore Solid Demand For 20Y Auction – Zerohedge
Hedge fund assets hit record $3.8 trillion in first quarter – Reuters
EURO: Could ECB Follow in Bank of Canada Footsteps? – bk
Ether Outperforms Bitcoin; Guggenheim, JPMorgan Fear “Major Correction” In Crypto (Again) As Op-Ex Looms – Zerohedge
SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest – cnbc
U.S. dollar losses bounce after Canada tips toward higher rates – Reuters
Canada scales back bond purchases and raises growth forecast – ft
Canadian Drama: Loonie Dumps And Pumps On – Zerohedge
Canada: Hawkish BoC to lead the tightening charge? – ing
Verizon loses more-than-expected wireless subscribers – Reuters
Goldman Prime: Hedge Funds Sell Stocks 7 Of The Last 8 Days; Short Squeeze Coming – Zerohedge
Here are Wednesday’s biggest analyst calls of the day: Amazon, Morgan Stanley, Apple & more – CNBC
Coinbase Stock Slides After Deutsche Boerse De-Lists Crypto Exchange – Zerohedge
S&P Futures Reverse Overnight Losses; Netflix Plunge Weighs On Nasdaq – Zerohedge
‘BritCoin’ – UK Considers New Central Bank Digital Currency, What Happens To Cash? – Zerohedge
Here’s What $1,000 Invested In Vaccine Stocks Would Be Worth Now – Zerohedge
European markets head for mixed open as rising Covid cases rattle sentiment – cnbc
Analysis: China seen bailing out biggest bad-debt manager while teaching investors a ‘hard’ lesson as contagion effects linger – SCMP
China Considering Huarong Bailout With $15 Billion PBOC Backstop – Zerohedge
Asian stocks fall as virus worries return to haunt markets – Reuters
Japanese shares extend sharp fall on COVID-19 lockdown worries – Reuters
Japan falls nearly 2%; Asia-Pacific shares mixed as pandemic concerns weigh on sentiment – cnbc

 


Tuesday 04/20

Business Live – guardian

Netflix Implodes After Huge Subscriber Miss, Dismal Guidance – Zerohedge
Netflix reports dramatic slowdown in subscribers – cnbc
Wall Street slides as virus spike hits travel stocks – Reuters
Stocks Slump As World’s Biggest Asset Manager Warns “Market Feels A Bit Frothy” – Zerohedge
Dow closes 250 points lower for back-to-back losses, reopening plays lead decline – cnbc
Goldman, BofA Warn Of Sharp Reversal To “Euphoric Sentiment” Amid Sudden Selling Frenzy – Zerohedge
European Drug Regulator Slaps Safety Warning On J&J Jab Due To Blood-Clot Links – Zerohedge
Bank of Canada preview: It’s taper time but outlook gap estimate is key – forexlive
Stocks making the biggest moves in the premarket: Kansas City Southern, AutoNation, IBM & more – cnbc
Dogecoin finds new uses on ‘Doge Day’ – FORTUNE
Procter & Gamble earnings beat as consumers hang on to pandemic cleaning habits; price hikes ahead – cnbc
Johnson & Johnson reports $100 million in quarterly sales from Covid vaccine – cnbc
Futures Slide For Second Day Amid Renewed Virus Worries – Zerohedge
J&J reports $100 mln in vaccine sales as results top forecasts – Reuters
You can now buy bitcoin and other cryptocurrencies on Venmo—here’s what you need to know – cnbc
European markets pull back amid lackluster global sentiment; tobacco stocks tumble – cnbc
Deutsche Telekom invests in blockchain payments platform Celo – cnbc
BOJ warns of risks to Japan banks from Archegos-type overseas funds – Reuters
European markets head for flat open amid lackluster global sentiment – cnbc
China shares up as benchmark lending rate kept steady for 12th month – Reuters
Japanese Stocks Slide As Tokyo Pushes For Third COVID State Of Emergency – Zerohedge
PayPal to launch local wallet in China focused on cross-border payments – cnbc
Biden administration eyes reducing nicotine in cigarettes: report – thehill

 


Monday 04/19

Business Live – guardian
The latest on the coronavirus pandemic and vaccines – cnn

State Department Plans “Do Not Travel” Advisory For 80% Of Countries Amid COVID Comeback – Zerohedge
Stocks making the biggest moves after the bell: IBM, United Airlines, Zions Bancorp & more – cnbc
CANADA: Tax on Big Tech in federal budget will bring in $3.4 billion – NP
United Airlines loss bigger than feared on higher fuel costs, capacity slide – Reuters
United reports fifth consecutive quarterly loss – cnbc
IBM Reports First Revenue Growth Since 2018; But Closer Look Reveals Usual Accounting Gimmicks – Zerohedge
IBM beats across the board, posts revenue growth after four quarters of declines – cnbc
Cryptos Crushed, Dollar Dumped, Semis Slammed As VIX Spikes – Zerohedge
Dow slips more than 100 points from a record, Nasdaq closes 1% lower – cnbc
Morgan Stanley: “The Market Gets It” That Trading Is About To Get Much More Difficult: Here’s Why – Zerohedge
Tesla faces another NHTSA investigation after fatal driverless crash in Spring, Texas – cnbc
In Huge Reversal, China Now Calls Bitcoin “Investment Alternative” After Years Of Crackdowns – Zerohedge
BMW Joins Daimler in Exceeding Estimates on Broad Sales Rebound – Bloomberg
METALS-Copper rises as global recovery hopes fuel sentiment – Reuters
There Is No Way This Bull Market Doesn’t End Very Badly – Zerohedge
The ‘metaverse’ bet: crypto-rich investors snap up virtual real estate – Reuters
‘We Were Left With Nothing’: Argentina’s Misery Deepens in the Pandemic – nyt
Britain to look closer at creating digital currency – Reuters
Coca-Cola beats on earnings, says demand in March hit pre-pandemic levels – cnbc
Bank of England and UK Treasury explore ‘digital pound’ – yahoofinance
European shares hit highs as markets upbeat about recovery prospects – Reuters
Key Events In The Coming Week: All About Earnings And The ECB – Zerohedge
The cycle turns: Emerging central banks hike rates in March – Reuters
Bitcoin’s sell-off by the numbers: Oppenheimer puts the latest drop into perspective – cnbc
New energy vehicles, foreign inflows drive China stocks to end higher – Reuters
Wall Street banks brace for digital dollars as the next big disruptive force – cnbc
Japan’s exports post largest monthly gain since late 2017 – Reuters
Stock Market Leverage In La-La Land, Rises To Historic WTF High – Zerohedge
Goldman: The Economic Surge Is Starting To Flare Out… And Markets Are Starting To Price It In – Zerohedge
Goldman Sachs backs the euro as the dollar hits two-month lows – cnbc
China may test its digital currency with foreign visitors at the 2022 Beijing Winter Olympics – cnbc