TOP MARKETS NEWS: Week 05/06 – 05/12

Weekend 05/11 & 05/12

China’s door to talks with U.S. on trade always open: state media – Reuters
This ‘may be the start of the long haul’ in crossing the US-China trade divide – scmp
China Names Its Trade-Deal Price as Trump Sets New Deadline – Bloomberg
Trump’s escalating tariff war with China will hit TVs, toys, iPhones and a rake of consumer goods – Marketwatch
EARNINGS SEASON UPDATE: MAY 10, 2019 – factset



Friday 05/10

US-China trade war: Beijing urges Trump to meet them halfway – business live – guardian
Chinese stocks firmly up in afternoon trading, shrug aside higher US tariffs – scmp

U.S. Gives China a Month for Trade Deal as Talks Deadlocked  – Bloomberg
China Car Sales Tank 16.6% In April, Falling For A Record 11 Months In A Row – Zerohedge

Here’s why global stocks aren’t sinking despite the US tariff hike – cnbc
Loonie Spikes After Canada Adds The Most Jobs In Its History – Zerohedge
Transitory? Consumer Prices Accelerate In April But Goods Costs Deflate – Zerohedge
Here’s what Wall Street thinks of the unfolding trade deal drama: ‘Potential for a bear market’ – cnbc
Fed Launches “Rate-Peg-Instead-Of-QE” Trial Balloon For Next Crisis – Zerohedge
China State Funds Prop Up Stocks – Bloomberg – Bloomberg
Japan’s economy likely shrank in first quarter on weak domestic demand, exports: Reuters poll – Reuters
German exports rebound unexpectedly in March – Reuters
RBA sees lower growth, weak inflation and a slower decline in unemployment – businessinsider
IT’S OFFICIAL: Trump ramps up tariffs on China, escalating the high-stakes trade war – businessinsider



Thursday 05/09

Business Live – guardian
Chinese stocks head for their lowest close in 11 weeks – scmp

BlackRock pulls out of rescue for Italian bank Carige – Reuters
Tariffs Will Cut China Growth by One Point, Citi Says – Bloomberg
China’s inflation quickens as economy firms – xinhuanet
U.S. stock futures fall after Trump claims China ‘broke the deal’ – Marketwatch




Wednesday 05/08

Trade war fears send markets reeling as China’s exports fall – business live – guardian
Trump tweets cost China stocks about US$1 trillion in market cap – scmp

Seeking to avert higher tariffs, China dispatches top negotiator to U.S. – Reuters
China backtracked on nearly all aspects of US trade deal: Sources – cnbc

China Defaults Hit Record in 2018. 2019 Pace Is Triple That – bloombergquint

China’s exports suffer surprise fall in April amid heightened trade war tensions with United States – scmp
Germany: Time to turn more optimistic? – ing




Tuesday 05/07

Markets volatile as US-China trade tensions intensify – business live – guardian
Markets rise as traders take Trump’s tweets in stride – scmp

Trade war fears are crushing stocks, and sell-off could keep going if there is no deal by Friday – cnbc
Tariffs just a ‘sideshow’? The big battle the US and China may need to resolve is on tech – cnbc
Market Turmoil Continues After Liu Confirms Washington Visit; Beijing “Prepared For Talks Breakdown”  – Zerohedge
Jeffrey Gundlach says stocks are in a bear market, sees better than 50% chance for new tariffs – cnbc
Gundlach Reveals His Top Trade For 2019 – Zerohedge
EU lowers growth forecasts amid US/China trade war – Marketwatch

Spring 2019 Economic Forecast: Growth continues at a more moderate pace – europa

Foreigners Keep Buying Saudi Shares. Read This on a Loop – Bloomberg
A $400 Billion Wave of Japanese Cash May Be Heading Overseas – Bloomberg
RBA keeps rates steady but signals it may not remain that way for long – businessinsider
China’s Liu He to Visit U.S. for Trade Talks on Thursday – Bloomberg



Monday 05/06

Markets tumble after Trump threatens to dramatically increase China tariffs – guardian
Trump tariff threat drags Hang Seng Index down by over 1,000 points – scmp

Turkish Lira Collapses After Election Board Nullifies Istanbul Mayor Vote – Zerohedge
The US-China trade war: How we got here and why it matters – cnn
Warren Buffett: If we have a trade war with China, it could be very bad for the whole world – cnbc
Subdued growth of euro area continues in April – markit
China’s growth a source of hope for all – chinadaily
Key Events This Week, Besides US-China Trade Talks – Zerohedge
GERMAN Service sector starts second quarter strongly as activity growth hits seven-month high – markit
China frees up US$41.5 billion for loans to small firms as Donald Trump threatens tariff rise – scmp
Caixin China Composite PMI Fell 0.2 of a Point to 52.7 Last Month – yicai