TOP MARKETS NEWS: Week 06/06 – 06/12

Weekend 06/11 & 06/12

Over Twenty Million Households Struggle to Pay Energy Bills, It Will Get Worse – mishtalk
US set for recession next year, economists predict – ft
El-Erian on US CPI inflation says “we may well get to 9%” – forexlive
Goldman Trader: Central Banks Appear Willing To Break Some Things – Zerohedge
This Is Worse Than Anyone Realizes: A Dire Outlook From Wall Street’s Biggest Bear – Zerohedge
Ethereum Tumbles Below Holders’ Average Cost Basis – Zerohedge
Shanghai Returns To Lockdown For Mass Testing Just Days After Reopening – Zerohedge
A Shocked Wall Street Reacts To Today’s “Scary” CPI Print – Zerohedge
Week Ahead: The end of the low-rate era – nordea


Friday 06/10

Business Live – guardian

Soaring CPI Crushes ‘Peak Inflation’ Narrative, Sparks Global Market Turmoil – Zerohedge
Dow dives 800 points, S&P 500 posts worst week since January after inflation hits 40-year high – cnbc
Tesla files for 3-for-1 stock split – cnbc
“The Fed Now Has Good Reason To Surprise Markets”: Barclays Is First Bank To Call For 75bps Next Week – Zerohedge
Consumer Sentiment Collapses To Record Low In June – Zerohedge
Rabobank: There Are Just Two Solutions To This Inflation Shock – One Is Extremely Painful, The Other One Is Worse – Zerohedge
US Consumer Prices Reaccelerate In May, Highest Since 1981 – Zerohedge
Futures Brace To Spike Higher (Or Lower) Depending On Today’s CPI Number – Zerohedge
EU ‘Fragmentation’ Accelerates As Markets Test Lagarde’s ‘Whatever It Takes’ Moment – Zerohedge
Italian stocks crushed as risk jitters reverberate in Europe – forexlive
ECB welcomes back an old friend – forexlive
Bundesbank projections: Economic recovery likely to continue – buba
Bank of England says top UK banks no longer “too big to fail” – Reuters
Asia-Pacific stocks trade mixed; Alibaba shares in Hong Kong rebound – cnbc


Thursday 06/09

Business Live – guardian

Stocks Slump, Dollar Jumps Ahead Of CPI ‘Event Risk’ – Zerohedge
Stocks fall sharply, Dow drops more than 600 points ahead of pivotal inflation data – cnbc
Alibaba shares drop 8% after Jack Ma’s Ant Group and regulator squash talk of revived IPO – cnbc
For The First Time Ever, The National Average Gas Price Is $5 – Zerohedge
Stocks making the biggest moves midday: Tesla, Five Below, Novavax, Nio and more – cnbc
Trafigura CEO Warns Of “Parabolic” Blowoff Top In Crude As Worst Of Energy Crisis Just Ahead – Zerohedge
Consumer price inflation in May expected to run sizzling hot as energy, food and rent rose – cnbc
Nio Shares Tumble On Lower Q2 Delivery And Revenue Guidance – Zerohedge
European Gas Soars After US LNG Terminal Explosion Halts Exports For Weeks – Zerohedge
ECB Watch: More rapid rate hikes ahead – nordea
Euro Weakens, Fragmentation Fears Rise As Hawkish Lagarde Promises Bond Bailout – Zerohedge
European Central Bank confirms July rate hike plans, raises inflation projections significantly – cnbc
Tesla Pops After UBS Upgrade, Return To Normalcy For China-Based Sales – Zerohedge
Futures Rise Ahead Of Hawkish ECB Meeting – Zerohedge
European markets head for negative open ahead of ECB decision – cnbc
Asia-Pacific stocks mixed as China’s May trade data beats expectations – cnbc
Chinese Passenger Car Sales Down 17% Year Over Year – Zerohedge
Shipping Stocks Crash After JPM Points To Latest Freightwaves Recession Alert – Zerohedge
OECD Slashes Global Growth Outlook As Stagflation Threats Grow, Blames Putin – Zerohedge

 


Wednesday 06/08

Business Live – guardian

S&P 500 falls 1% as investors gauge chances of economic slowdown – cnbc
Bridgewater Braces For Stagflationary Shock And Fed Rate Cut Capitulation; Buys Billions In Credit Index Swaps – Zerohedge
Profit Recession Is Coming To US Equities – Zerohedge
As Yen Crash Accelerates, It Puts Catastrophic End Of MMT Experiment In The Spotlight – Zerohedge
Mortgage Applications Crash To 22-Year-Low As Monthly Payments Rocket Higher – Zerohedge
Futures Drop As Yields Push Higher, Hawkish ECB Looms – Zerohedge
Eurozone Yield Spreads Blow Out, It’s Another Crisis For Greece And Italy – Zerohedge
Hedge Funds Had A Horrible May… And Then They Missed The Month-End Ramp – Zerohedge
Credit Suisse Plunges After Warning Of Q2 Loss, Sees New Round Of Job Cuts – Zerohedge
Shocking Consumer Credit Numbers: Everyone Maxing Out Their Credit Card Ahead Of The Recession – Zerohedge
Goldman Pinpoints “July/August” Will Be Return Of US West Coast Port Congestion – Zerohedge
Asia-Pacific stocks rise; India’s central bank hikes key rate by 50 basis points, as expected – cnbc

 


Tuesday 06/07

Dow gains more than 250 points as bond yields fall, traders shake off Target profit warning – cnbc
Uranium Stocks Soar On Report US Seeking Billions To End Reliance On Russian Enriched Uranium – Zerohedge
Atlanta Fed Slashes Q2 GDP Again, Now Just 0.9% Away From Official Recession – Zerohedge
Even if oil hits $150 a barrel, J.P. Morgan’s Marko Kolanovic predicts stocks will reclaim 2022 highs – cnbc
Global Stagflation Threat Grows As World Bank Slashes Growth Forecast, Blames Putin – Zerohedge
Fed GDP tracker shows the economy could be on the brink of a recession – cnbc
Futures Slide As Sell-The-Rippers Emerge, Encouraged By Target’s Dismal Update – Zerohedge
Commodities gauge soars to fresh record amid supply crunch – bbg
European stocks are heading for a lower open as inflation nerves grip markets – cnbc
Asia-Pacific stocks mixed as Australia announces rate hike that’s larger than forecast – cnbc
Australia’s Biggest Rate Hike In 22 Years Sends Aussie Up For Just A Minute – Zerohedge
Chips, shipping, fertilizer hint inflation may have peaked – bbg
Goldman Again Hikes Oil Price Target, Now Sees Barrel Hitting $140, Up From $125 – Zerohedge

 


Monday 06/06

Business Live – guardian

Bitcoin & Bond Yields Soar As Stocks Puke Post-Payrolls-Gains – Zerohedge
Nasdaq rises slightly to start week, shaking off jump in bond yields – cnbc
Texas AG Launches Investigation Into Twitter; Alleges Company Lied About Number Of Bots – Zerohedge
Yen falls to 132 against dollar, hitting 20-year low – asianikkei
Stocks making the biggest moves midday: Sunrun, Eli Lilly, DiDi Global, CrowdStrike and more – cnbc
Perfect Storm Of Factors Sends US Natural Gas Prices Soaring – Zerohedge
Biden waives solar panel tariffs, seeks to boost production – ap
Stocks making the biggest moves in the premarket: Spirit Airlines, Didi Global, Keurig Dr Pepper and more – cnbc
Citi And Barclays Capitulate On Bearish Crude Views, Raise Oil Price Forecasts – Zerohedge
US inflation expectations jump to one-month high ahead of CPI data – fxstreet
Futures Jump, Tech Stocks Rally As Beijing Eases Covid Restrictions – Zerohedge
Mike Wilson: Bear Market Rally Will Last A Few More Weeks, But Then S&P Will Sink To 3,400 By Mid-August – Zerohedge
Key Events This Week: ECB And Inflation, A “Nightmare Scenario” – Zerohedge
European markets head for higher open in a week set to be dominated by U.S. inflation data – cnbc
Asia-Pacific stocks mixed; private survey shows Chinese services activity contracted in May – cnbc
Crude Hits 3-Month High After Saudis Raise Oil Prices More Than Expected On Easing Chinese Restrictions – Zerohedge