TOP MARKETS NEWS: Week 05/30 – 06/05

Weekend 06/04 & 06/05

Beijing to allow indoor dining, further easing Covid curbs – cnbc
A paradigm shift has begun in markets, says Morgan Stanley’s Ted Pick. Here’s what to expect – cnbc
Top 5 Things to Watch in Markets in the Week Ahead – CPI Report, ECB Meeting, Oil – investing
Week Ahead: Could the ECB balance sheet contraction outpace the Fed? – nordea

 


Friday 06/03

Oil Pops, Stocks Drop As Hawks & ‘Hurricanes’ Killed The Dead-Cat-Bounce – Zerohedge
Dow falls 300 points, Nasdaq drops 2%, as major indexes notch weekly losses – cnbc
Oil Soars As Traders Realize What OPEC+ Did – Zerohedge
ISM Services Slumps To Weakest Since May 2020 – Zerohedge
Volume of retail trade down by 1.3% both in the euro area and in the EU – EUROSTAT
May Payrolls Drop To 13 Month Low But Come In Hotter Than Expected; Wage Growth Eases – Zerohedge
Futures Dump Ahead Of Payrolls Despite Musk’s “Super Bad Feeling” – Zerohedge
French industrial production drops again – ing
European PMIs Miss Expectations, Show Continued Economic Expansion – investing
Musk’s jobs warning at Tesla underscores gloomy economic outlook – Reuters
Even rich people are living paycheck to paycheck – fortune
Goldman Sachs Says Emerging Markets to Outperform on Dollar Peak – yahoofinance
Japan leads gains as Asia stocks rise ahead of U.S. jobs data – cnbc
Universal Basic Income? IMF Calls For Governments To Subsidize Food And Energy – Zerohedge


Thursday 06/02

Stocks making the biggest moves after hours: Lululemon, RH, Okta and more – cnbc
‘Bad News Is Good News’ – Stocks Soar As Macro-Meltdown Accelerates – Zerohedge
Dow jumps 400 points, Nasdaq adds more than 2% to cut two-day losing streak – cnbc
Retail Investors Have Capitulated And Are No Longer Forced Sellers Of Stocks – Zerohedge
Stocks making the biggest moves midday: Microsoft, Chewy, GameStop, MongoDB & more – cnbc
Fed Vice Chair Lael Brainard says it’s ‘very hard to see the case’ for the Fed pausing rate hikes – cnbc
Microsoft lowers fourth-quarter guidance, citing unfavorable foreign exchange rates – cnbc
OPEC+ raises output faster than expected as Russia’s war roils global energy markets – cnbc
It’s “Unprecedented” – Goldman President Echoes Dimon’s “Hurricane” Warning – Zerohedge
US Factory Order Growth Slowed Dramatically In April – Zerohedge
ADP Employment Data Signals Weakest Labor Market Since COVID Collapse – Zerohedge
Futures Rise For The First Time This Week As Oil Slumps – Zerohedge
ESG Funds Post Largest Monthly Outflow On Record As The “Greenwashing” Racket Starts To Unravel – Zerohedge
“Worst 5-Month Loss Since 1970”: Here Are The Best And Worst Performing Assets In May And YTD – Zerohedge
Asia-Pacific stocks struggle for direction; oil prices drop close to 2% – cnbc
“The Nightmare Has Ended”: Shanghai Reopens After Two-Month COVID Lockdown – Zerohedge

 

Wednesday 06/01

Business Live – guardian

Atlanta Fed Slashes Q2 GDP Forecast As Stagflation Looms – Zerohedge
Solana suffered its second outage in a month, sending price plunging – cnbc
Companies that thought turning a profit was hard last year aren’t going to like 2022 – fortune
Mortgage demand falls to the lowest level since the end of 2018, even as interest rates ease a bit – cnbc
Bank of Canada Hikes Another 50, Warns It Is “Prepared To Act More Forcefully If Needed” – Zerohedge
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening – boc
Why ‘more downside is warranted,’ according to Citi – yahoofinance
European stocks set for tepid start to June after closing out negative month – cnbc
Asia-Pacific stocks mixed as private survey shows China’s factory activity contracted – cnbc


Tuesday 05/31

China’s factory downturn slows as Covid curbs ease; Brent crude oil hits $124 – business live – guardian

Stocks making the biggest moves after hours: Salesforce, Ambarella and more – cnbc
Biden vows to give Fed Chair Powell ‘space’ to fight inflation – Reuters
Stocks Go Nowhere In May, USD Sinks Amid Worst Macro-Meltdown Since Lehman – Zerohedge
Dow drops 200 points, finishes month little changed in turbulent May – cnbc
Stocks making the biggest moves midday: American Eagle Outfitters, Unilever, Nio and more – cnbc
25% of Americans are delaying retirement due to inflation, survey finds – cnbc
“Just Another Bear Market Rally”: Mike Wilson Spoils The Bulls Party, Sees Just 5% More Upside – Zerohedge
Apple iPhone manufacturer says China lockdowns aren’t hurting supply chain as much as feared – cnbc
World’s Largest Automaker Misses April Global Production, Slashes Estimates For June – Zerohedge
Rabo: I Love It When Biden’s “Plan For Fighting Inflation” Comes Together… I Just Don’t Know What It Is – Zerohedge
Fears of a U.S. recession in 2022 are overblown: Goldman Sachs – yahoofinance
European Inflation Soars To Record High, Pressures ECB – Zerohedge
Futures Slide, Yields Jump And Oil Surges As Inflation Fears Return Ahead Of Biden-Powell Meeting – Zerohedge
EU leaders reach deal to ban most Russian oil; French journalist killed in Ukraine – cnbc
Asia-Pacific stocks mixed; data shows China’s factory activity contracted again in May – cnbc
Brent Tops $122 After EU Agrees On “Partial” Ban Of Russian Oil – Zerohedge

Monday 05/30

European stocks close higher as China relaxes Covid restrictions – cnbc
A Golden Opportunity: How To Invest For The Coming Stagflation – Zerohedge
German inflation at highest level in nearly half a century – Reuters
German Inflation Hits 60-Year-High, ‘Worse To Come’, Says Allianz – Zerohedge
“Risk Is Back In Business”: Futures, Bitcoin, Oil Jump As China Eases Covid Curbs – Zerohedge

European stocks set to nudge higher, tracking global sentiment as dollar weakens – cnbc
What Happens To Markets After Peak Inflation: Goldman Answers – Zerohedge