Weekend 07/08 & 07/09
Top 5 things to watch in markets in the week ahead – investing
Inflation Cooling, Though Still Too Elevated for Fed: Eco Week – bbg
Corporate Bankruptcies Reach Highest Level Since 2010 – Zerohedge
Ant Announces Unexpected Share Buyback At 75% Discount To Botched IPO – Zerohedge
Friday 07/07
Business Live – guardian
Morning Brief: Focus on US Employment Report; China Vows Speedy Measures To Support Growth – cb
Cyclicals recover after solid US jobs report – Newsquawk US Market Wrap
Wall Street Gains as Slowing Job Growth Eases Fed Fears – Reuters
Stocks tumble on Friday, notching weekly losses, as traders’ rate hike fears return – cnbc
U.S. Equity Funds Draw Inflows for Second Week Amid Inflation Relief – Reuters
Cash Assets Under Management Reach ‘Monster $7.8tn’ – BofA – Reuters
Treasury Yields Reverse as Traders Repeat ‘Never Trade on ADP – bbg
Stocks making the biggest moves midday: Rivian, Levi Strauss, Biogen, First Solar and more – cnbc
JPMorgan Doubts That the Approval of a US Bitcoin ETF Would Be a Game-Changer – bbg
European Shares End Higher After Worst Week in Nearly Four Months – Reuters
European Stocks Drop as Investors Await US Data for Policy Clues – bbg
The US Labor Market Is Starting to Show Cracks. Here Are the Signs – bbg
Here Are the Key Takeaways From US Jobs Report for June – bbg
Instant View: June US Jobs Growth Cooled, but Wages Won’t Comfort Fed – Reuters
Payrolls Data Showing Solid Wage Growth Keeps Fed on Track to Hike Rates – bbg
Job Gains Slow, but Rising Wages, Low Unemployment Keep Fed Hikes on Track – Reuters
US Adds Below-Forecast 209,000 Jobs as Labor Market Cools – bbg
Stocks making the biggest moves midday: Rivian, Levi Strauss, Biogen, First Solar and more – cnbc
Futures Drift, Yields Tick HIgher Ahead Of June Jobs Data – Zerohedge
FX Daily: Dollar late to the party – ING
Take Five: Mind the Curve – Reuters
Biggest Cocoa Trade in More Than a Decade Rattles London Market – bbg
German Economy Faces Uphill Climb as Industrial Output Falls – Reuters
German industrial production drops in May – ing
German Production Drops as Factory Weakness Weighs on Growth – bbg
European markets stage muted open following Thursday’s sharp losses – cnbc
Marketmind: Data-Hit Bond Markets End Summer Lull – Reuters
Asia markets extend declines as U.S. jobs data triggers sell-off on Wall Street – cnbc
Yen Rallies Most Since March as Traders Unwind Short Positions – bbg
Samsung Elec Flags 96% Drop in Q2 Profit as Chip Glut Drags On – Reuters
Samsung estimates profits plunged 96% in the second quarter – cnbc
Morgan Stanley Upgrades Asia Chip Stocks on AI Clamor – bbg
China’s Sinking Markets Heap Pressure on Xi to Deliver Stimulus – bbg
China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion, Reuters reports – cnbc
Marketmind: Battered Bond Market Braces for Payrolls – Reuters
Asia Equities Primed for Losses After Yields Spike: Markets Wrap – bbg
Thursday 07/06
Βusiness Live – guardian
Morning Brief: Debrief of FMOC Minutes; PBOC Extends Yuan Support; German Construction Under Pressure – cb
Stocks and bonds hit on hot data ahead of NFP – Newsquawk US Market Wrap
Good ‘Job’ News Sparks Bad-News-Battering For Bonds, Big-Tech, Banks, Bullion, & Bitcoin – Zerohedge
Dow closes more than 300 points lower as hot jobs data raises fears of Fed rate hikes – cnbc
US Bank Stocks Fall as Investors Turn Jittery Ahead of Q2 Results – Reuters
Stocks making the biggest moves midday: JetBlue, Affirm, Genius Sports, Sweetgreen and more – cnbc
NY Fed Data Shows Underlying Inflation May Be Slower Than Thought – Reuters
CRE Nightmare For CMBS Holders: Office Mortgage Delinquency Rate Suffers Biggest 6-Month Spike Ever – Zerohedge
AI Seen Fueling Microsoft to $3 Trillion Value in Morgan Stanley Model – bbg
ChatGPT Usage Drops For First Time As AI Buzz Fades – Zerohedge
Thanks to AI, San Francisco’s Tech Companies Are Hiring Again – bbg
European Stocks Drop as Hawkish Fed Minutes Stoke Rate Worries – bbg
US Rate Futures Lift Chances of November Hike After Overall Upbeat Data – Reuters
U.S. Job Openings Fall in May, Still Elevated – Reuters
Job Openings Tumble By 500K Even as Number Of Quits Unexpectedly Soars – Zerohedge
U.S. Service Sector Picks up in June; Inflation Gradually Slowing – ISM Survey – Reuters
US Services Activity Expand by Most in Four Months on Stronger Demand – bbg
US Services Sector Surveys FUBAR: PMI “Cost Pressures Picked Up” & ISM Prices Lowest Since March 2020 – Zerohedge
Marketmind: Markets Labor on China, Three Jobs Gauges – Reuters
US Labor Market Shows Resilience on Eve of June’s Employment Report – Reuters
Initial Claims Rebound From Juneteenth Decline, Continuing Jobless Claims Lowest Since Feb – Zerohedge
Retail Traders Pile Into US Stocks; Focus Shifts to EVs From AI – Reuters
US Trade Deficit Narrows as Imports of Merchandise Decline – bbg
U.S. Trade Deficit Narrows in May on Declining Imports – Reuters
WTF! ADP Reports Massive Surge In Employment In June – Zerohedge
U.S. Private Payrolls Beat Expectations in June – ADP – Reuters
US Job Market Shows Fresh Strength With ADP and Layoff Data – bbg
Private sector companies added 497,000 jobs in June, more than double expectations, ADP says – cnbc
Stocks making the biggest moves premarket: JetBlue Airways, Meta, Sweetgreen and more – cnbc
Futures Slide As Rising Yields Spook Markets – Zerohedge
Euro Zone Retail Sales Flat in May, Still Down Year-On-Year – Reuters
How long can core inflation linger in the eurozone? – ING
Meta launches Instagram Threads in a direct challenge to Twitter – cnbc
Instagram Unveils Threads App, a Major Threat to Musk’s Twitter – bbg
Hong Kong stocks tumble 3%, Asia markets dip after Fed minutes point to more rate hikes – cnbc
Asia Stocks to Fall as Fed Minutes Show Hike Bias: Markets Wrap – bbg
Wednesday 07/05
Business Live – guardian
These Are The Best And Worst Performers Of June, Q2 And The First Half – Zerohedge
Stocks and bonds fall on Independence Day hangover ahead of key data – Newsquawk US Market Wrap
July 4th Hangover & Hawkish Fed Hits Bonds, Bitcoin, & Bullion; Cyclical Stocks Sink – Zerohedge
Dow slips 100 points to snap 3-day win streak as investors consider Fed’s latest comments – cnbc
Twitter was locked in a chaotic doom loop. Now it’s on the verge of collapse – guardian
Yellen China Visit Seeks to Usher In More Talks Amid Tensions – bbg
FOMC Minutes Show “Almost All” Fed Members See More Rate-Hikes In 2023, See “Mild Recession” In H2 – Zerohedge
‘Almost All’ Fed Officials Agreed to Skip June Hike -Minutes – Reuters
Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show – cnbc
Stocks making the biggest moves midday: Meta Platforms, Coinbase, UPS, General Motors & more – cnbc
US Factory Orders Decline YoY For First Time Since Oct 2020 – Zerohedge
U.S. Factory Orders Miss Expectations in May – Reuters
Stocks making the biggest moves in the premarket: Rivian, UPS, Coinbase and more – cnbc
Futures Tumble, Yields Stumble After Dire PMIs From China To Europe – Zerohedge
EV Startup Nikola Reports Jump in Second-Quarter Deliveries, Shares Rise – Reuters
Coinbase Downgraded as Analyst Says Crypto Uncertainty Dims Outlook – bbg
Tesla Regains China Momentum as Clouds Over EV Sector Disperse – bbg
Eurozone PPI Dumps Into Deflation, PMIs Plunge – Zerohedge
JPMorgan Sees Risks of 7% Interest Rate and ‘Hard Landing’ in UK – bbg
ECB Says Consumer Inflation Expectations Continue to Decline – bbg
ECB Consumer Expectations Survey results – May 2023 – europa
German Commercial Property Deals Tumble 50% to Five-Year Low – bbg
German Carmakers Are Bleakest About Their Future Since 2008 – bbg
Europe stocks set for lower open as economic gloom returns; Fed minutes due – cnbc
Marketmind: Minutes Meted, China Crunch – Reuters
Asia markets fall as investors digest private surveys for services activity in Japan, China – cnbc
China Property Pain Worsens With Failed Auction, Sino-Ocean Rout – bbg
China Services Activity Growth Softens in Fresh Sign of Weakness – bbg
Asian Stocks Are Poised to Decline; Oil Advances: Markets Wrap – bbg
Tuesday 07/04
Business Live – guardian
Morning Brief: China Restricts Export of Chipmaking Metals; China Banks Offer 25-Year Loans to LGFVs; RBA Holds Rate – cb
Europe stocks nudge higher as investors await earnings season – cnbc
Asia-Pacific markets mixed as investors assess Australia’s rate pause – cnbc
Australia’s central bank leaves its key rate unchanged, says inflation ‘passed its peak’- cnbc
China EV Maker XPeng’s 92% Surge Has Short Sellers Piling In – bbg
Marketmind: Zuckerberg Takes on Musk; RBA Stands Pat – Reuters
Asian Futures Slip as Equities Momentum Moderates: Markets Wrap – bbg
Monday 07/03
Wall St Ends Slightly Higher in Shortened Session, Tesla Jumps – Reuters
Bitcoin, Banks, & Bullion Bid To Start H2; Bonds & Stocks Chop – Zerohedge
Stocks eke out small gain to start second half of 2023, Tesla rises 6% – cnbc
Crypto Miners Are Selling Bitcoin With Prices Near One-Year High – bbg
Cocoa Surges to 13-Year High as Disease Ravages West Africa Crop – bbg
Stocks making the biggest moves midday: Tesla, Rivian, XPeng and more – cnbc
Explainer-What Does Twitter ‘Rate Limit Exceeded’ Mean for Users? – Reuters
European Shares End Lower as Healthcare Declines Outweigh Miner Gains – Reuters
Shares of Chinese Tesla rival Xpeng climb as EV deliveries return to growth – cnbc
Challenges mount for US manufacturing, construction and services – ing
US Manufacturing “Took Sharp Turn For The Worse” In June – Zerohedge
US Manufacturing Slump Deepens, Factory Gate Price Pressures Subdued – Reuters
US Manufacturing Activity Shrinks by Most in Three Years – bbg
European Stocks Extend First-Half Rally as Cyclicals Advance – bbg
Marketmind: Second-Half Lift, Tesla Beat – Reuters
Apple Sharply Cuts Vision Pro Headset Production Target, FT Says – bbg
European Power Prices Plunge Below Zero as Solar Output Booms – bbg
New AstraZeneca Cancer Drug Shows Potential in Key Study – bbg
AstraZeneca Shares Drop as Lung Cancer Trial Update Lags Expectations – Reuters
Europe’s Carmakers Are Competing With Retail Banks for Deposits – bbg
Euro Zone Factory Downturn Deepened in June as ECB Hikes Bite-PMI – Reuters
German Manufacturing Shrinks in June as Demand Weakens-PMI – Reuters
Rivian’s EV Output Beats Expectations as Production Picks Up – bbg
Wind turbine troubles have sent one stock tumbling. There are fears it could be a much wider issue – cnbc
Yellen Heads to China This Week, Furthering US Move to Mend Ties – bbg
European markets set to open higher after strong first-half gains – cnbc
Marketmind: Q3 Kicks off With China PMI in Spotlight – Reuters
Asia markets rise as investors digest private surveys on factory activity – cnbc
China slaps export curbs on chipmaking metals in tech war with the U.S, Europe – cnbc
China’s Stubborn Manufacturing Slump Drags Down the Rest of Asia – bbg
China Factory Expansion Slows in June, Caixin Survey Shows – bbg
China’s factory activity grew more slowly in June, Caixin survey shows – cnbc
Asian Shares Set to Rise on the Back of US Rally: Markets Wrap – bbg
Key Events And Acronyms This Week: ISMs, PMIs, RBA, ADP, JOLTS And NFP – Zerohedge
Week Ahead: FOMC Minutes; US Jobs & JOLTS; RBA Meeting; OPEC International Seminar; BOE, ECB & Fed Speakers; German IP – cb