TOP MARKETS NEWS: Week 04/23 – 04/29

Friday 04/27

Business Live – guardian

Earnings Are Beating Expectations at Fastest Rate Ever – Βloomberg
Exxon, Chevron first-quarter results dinged by refining weakness yet again – Reuters
Old rules, algorithmic traders add costs to U.S. share buybacks – Reuters
U.S. Employment Costs Accelerate in Sign of Mounting Inflation – Βloomberg
Fund Managers Don’t Think This European Stock Rally Will Last – Bloomberg

Why the Fed Still Uses Crisis-Era Rate Ranges – Bloomberg

Yuan set for worst month since Nov 2016, as dollar boosted by higher yields – Reuters
Norway’s $1 Trillion Wealth Fund Posts First Loss in Two Years – Βloomberg
Norwegian oil fund makes first loss in two years – ft
Here’s what is keeping stocks from completely crashing with the 10-year above 3% – businessinsider
U.K. Economy Sees Worst Quarter Since 2012 as Snow Takes Toll – Bloomberg

French growth slows in the first quarter – Marketwatch
Five Things You Need to Know to Start Your Day – Bloomberg
Short-selling in Australian banks is on the rise – businessinsider
U.S.-China Trade Dispute Takes a Toll on Japan’s Inflation – Βloomberg
Bank of Japan keeps its monetary policy steady, removes time frame for price goal – Reuters
Bank of Japan drops target date for 2% inflation – Marketwatch
Ford says it’s already seeing a big impact from Trump’s tariffs – businessinsider

Thursday 04/26

Intel stock jumps 8% with big revenue beat in earnings – businessinsider
Amazon earnings more than double, sending stock toward record highs –  Marketwatch

The Flatter U.S. Yield Curve Is Roiling Mom and Pop Investors – Bloomberg
Greece might face tighter fiscal surveillance for bigger debt relief, ESM’s Regling says – cnbc
Oil is entering an ‘age of restraint’ just as earnings recover, Goldman strategist says – cnbc
Gazprom’s Pumping Gas to Europe Like It’s Winter Already – Bloomberg
Here’s why Turkey’s snap election won’t solve all the lira’s problems –  Marketwatch
The Next 9 Days Will Teach Us a Lot About the U.S. Economy – Bloomberg
ECB Keeps Policy Unchanged as Slower Growth Favors Caution – Bloomberg

European Central Bank Holds Rates, Continues Bond-Buying – Bloomberg

Asia’s Top Stock Market of 2018 Set to Be World’s Worst in April – Bloomberg
Germany anticipates May 1 start for U.S.-imposed steel tariffs: reports – Marketwatch
Citi Says U.S. May Become World’s Top Oil Exporter Next Year – Bloomberg
Swiss Franc’s Slide Takes Fun Out of Crossborder Shopping Sprees – Bloomberg
China’s smartphone market plunges; Apple falls out of the country’s top-4 sellers – cnbc
Five Things You Need to Know to Start Your Day – Bloomberg
European Corporate Profits Are Rising, But Where’s the Payout? – Bloomberg

Deutsche Bank to Reduce Investment Banking in Focus on Europe – Bloomberg



Wednesday 04/25

Facebook Sales Top Estimates, Fueled by Ads; Shares Jump – Bloomberg
Investors Are Looking for Any Hint of Trouble in Strong Earnings – Bloomberg
Fallout of Sanctions Gets in the Way of Another Russian Rate Cut – Bloomberg
Sweden Doesn’t Want to Force Banks to Handle Cash – Bloomberg
With Nobody Looking, The ECB Quietly Launched A Stealth Taper – Zerohedge
The midterm elections could send the Dow tumbling this year, history shows – cnbc
GE’s Relief Rally Gets a Reality Check From Moody’s – Bloomberg
A $3 Trillion Credit Market Has Corporate Bond Investors on Edge – Bloomberg
Are Rising Mortgage Rates a Threat to U.S. Housing?  – Bloomberg
Emerging Market Growth Could Be Settling Down, Data Suggest – Bloomberg

Basel tells big banks that simple might be better – Reuters
Why Some Cryptocurrencies Are Only for the Wealthy – Bloomberg
Euro Area’s Growth Picture Shows Why ECB Unfazed by Slowdown – Bloomberg
Two-Year U.S. Yields at 2008 Highs Are Scarier Than a 3% 10-Year – Bloomberg

The Logical Next Step for Europe’s Integration – Bloomberg
Turkey Surprises With Bigger Rate Hike to Bolster Lira – Bloomberg
Tangled Rusal Ownership Thwarts Easy End to Sanctions: QuickTake – Bloomberg
Koruda could quietly encourage the Yen’s fall in the QQE’s 5-year anniversary – fxstreet

Five Things You Need to Know to Start Your Day – Bloomberg
Rate-Hike Risks, Rupiah Send Indonesian Stocks to December Low – Bloomberg
INDIA: Foreign Outflows At Their Strongest In 15 Months – bloombergquint
China Eases Grip on Outflows, Lifts Outbound Investing Quota – Bloomberg



Tuesday 04/24

Economy Fears Spark Stock Market Rout After Bonds Punch Through 3%  – Bloomberg
Home Prices In 80% Of US Cities Grew 2x Faster Than Wages… And Then There Is San Francisco – Zerohedge
Italy Stocks Hit Highest Since 2009 as Political Impasse Ignored – Bloomberg
Richmond Fed Survey Crashes By Most In 25 Years – Zerohedge
The U.S. 10-Year Rocks, Global Markets Roll – wsj
Stocks making the biggest moves premarket: MMM, KO, CAT, TRV, VZ, UTX, HOG, LLY & more – cnbc
Finland set to scrap free money experiment after two-year trial – cnbc
Banks Told by EU to Fix Their $134 Trillion Brexit Headache – Bloomberg
10Y Treasury Yield Tops 3.00% For First Time Since Jan 2014, Curve Flattening Continues – Zerohedge

Bonds Edge Up as Dollar Holds Gain; Stocks Climb: Markets Wrap – Bloomberg

Here Come the Petrodollars, Back to Save Global Asset Prices – Bloomberg
Euro Bulls Feel the Fatigue as Economic Woes Cloud ECB Path – Bloomberg
Five Things You Need to Know to Start Your Day – Bloomberg
Morgan Stanley reckons the Aussie dollar selloff is just getting started – businessinsider
The $7 Trillion Debt Pile Looming Large Over Chinese Households  – Bloomberg
China’s Debt Emerges as Surprise Refuge in Global Bond Sell-Off – Bloomberg
Australian Inflation Stays Below Target, Signaling Rates on Hold – Bloomberg
Global Stocks Jump As Treasuries Rebound; China Surges On PBOC Easing Rumors – Zerohedge
Indonesia Makes ‘Sizeable’ Intervention to Defend Currency – Bloomberg



Monday 04/23

Eurozone sticks ‘in lower gear’ as strong euro hits exports – business live – guardian

Google-parent Alphabet is rising after its earnings report (GOOGL) – businessinsider
VIX ETF Has Biggest Inflows In 5 Years As Goldman Sees “End Of Low Vol Regime” – Zerohedge
How 3% Yields Could Reshape the Investing Landscape  – Bloomberg
ECB mulls shelving rules tackling euro zone’s bad loans pile – Reuters
Deutsche: Another $5 Rise In Oil Would Unleash Market Turmoil – Zerohedge
Macron’s Key Euro Ally Signals Reform Plan Is in Trouble – Bloomberg
Desperate John Paulson Partners With “First Loss” Funds To Unlock 10x Leverage – Zerohedge
When rates move up this fast, the stock market tends to struggle – cnbc
US PMIs Show Q2 Rebound As Manufacturing Hits 43-Month High – Zerohedge
Bank of Japan’s Kuroda says easy policy still needed for some time – Reuters

U.S. Softens Stance on Rusal Sanctions; Aluminum Prices Plunge – Bloomberg

Oil Holds Near $68 as Rising U.S. Drilling Counters OPEC Curbs – Bloomberg
The 10-year Treasury yield could be about to hit 3 percent – here’s why this matters – cnbc
Beleaguered Dollar Bulls Finally Get Lifeboat as Yields Graze 3% – Bloomberg
Treasury will mull easing sanctions on Russian aluminum producer – thehill
‘People will revolt’: workers say Russia must save sanctions-hit Rusal – Reuters
Emerging Markets Analysts Are Nervous About Rising U.S. Yields – Bloomberg

World’s Worst Tech Stock May Lose Its Index Status – Bloomberg

Euro-Area Economy Stays in Lower Gear as Order Growth Weakens – Bloomberg

German Growth Momentum Rebounds After First-Quarter Slowdown – Bloomberg

French Momentum Rebounds as Economic `Renaissance’ Set to Last – Bloomberg
Five Things You Need to Know to Start Your Day – Bloomberg
UBS profit lifted by wealth-management gains – Marketwatch
Key Events This Week: Earnings Avalanche; ECB, QE, GDP On Deck – Zerohedge
India Gets its First $100 Billion Company in a Decade – Bloomberg
We just received another sign that the global economy is slowing down – businessinsider
JAPAN: Manufacturing sector expands at faster pace during April – markit
Flattening Yield Curve Isn’t Just the Fed’s Problem – wsj
Bank of England ‘dangerously ill-equipped’ for next recession, says IPPR – guardian

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