Weekend 07/15 & 07/16
Fears of Extended Euro-Area Recession Are Overblown, BofA Says – bbg
Friday 07/14
Stocks struggle despite solid earnings while disinflation trades take profit – Newsquawk US Market Wrap
Dollar Dives In Dovish Week; Stocks, Bonds, Gold, & Crypto Soar – Zerohedge
Dow closes 100 points higher Friday on solid earnings, registers best week since March – cnbc
The ‘Everything Rally’ Is Back. So Is the Casino Crowd – bbg
Hedge Funds Rush to Unwind Bearish Stock Positions – Reuters
Stocks making the biggest moves midday: UnitedHealth, JPMorgan Chase, Microsoft, JetBlue and more – cnbc
Explainer – What Makes a Crypto Asset a Security in the US? – Reuters
Crypto Market Is Celebrating SEC’s Setback in Ripple Suit. But the Case Is Far From Settled – bbg
Crypto Stocks Set for Milestone Week on Ripple Token Ruling – bbg
Crypto Altcoins Outperform as Ripple Court Ruling Spurs FOMO – bbg
Investors Pile Into Stocks, Bonds as ‘Mission Accomplished’ on Inflation-BofA – Reuters
European Shares Close Best Week in Over Three Months on US Disinflation Hopes – Reuters
Nikola’s Wild Week Sets Up EV Maker to Erase 75% Wipeout in 2023 – bbg
US Consumer Sentiment Near Two-Year High in July – Reuters
US Inflation Outlook Brightening; Consumer Sentiment Near Two-Year High – Reuters
UMich Inflation Expectations Unexpectedly Rebounded In July; Democrats’ Confidence At 2-Year Highs – Zerohedge
US Bank Earnings Poke Holes in Popular Recession Theory – bbg
Citigroup Profit Drops 36% on Trading Slump, Rising Expenses – Reuters
Wells Fargo shares rise after second-quarter results beat estimates – cnbc
Wells Fargo Hikes Outlook for Interest Income After Profit Surges 57% – Reuters
JPMorgan’s Profit Surges to Record After First Republic Deal – Reuters
JPMorgan Jumps After Blowing Away Expectations, Raises Guidance Thanks To First Republic Collapse – Zerohedge
JPMorgan Chase beats analysts’ estimates on higher rates, interest income – cnbc
UnitedHealth Beats Quarterly Profit Estimates – Reuters
Futures Flat As Q2 Earnings Seasons Kicks Off – Zerohedge
Investors Pile Into Stocks and Bonds, Shed Cash – BofA – Reuters
Analysis-Tumbling US Dollar a Boon to Risk Assets Across the Globe – Reuters
Nokia Warns on Q2, Lowers Full-Year Results Guidance – Reuters
Europe stocks mixed at end of winning week; telcos fall as Nokia cuts outlook – cnbc
Marketmind: Banks Lob Earnings Into Giddy Markets – Reuters
Asia-Pacific markets rise as more U.S. inflation data comes in softer than expected – cnbc
Analysis-BOJ in a Bind as Price Pressures Heighten Case for Early Policy Tweak – Reuters
The Yen Is Headed for Its Longest Rally Since 2018 – bbg
BOJ to Tweak Yield Control This Month, Ex-Official Hayakawa Says – bbg
Asian Equities Poised to Extend Weekly Rally: Markets Wrap – bbg
Marketmind: Relief Over US Inflation Keeps Asia Upbeat – Reuters
Thursday 07/13
Stocks and Bonds extend gains on soft PPI and DXY dips south of 100 – Newsquawk US Market Wrap
Broke-Buck Mounting After Soft PPI; Crude, Crypto, & The Yield Curve Soar – Zerohedge
Stocks rise a fourth day on soft inflation data, S&P 500 and Nasdaq close at highest levels in 2023 – CNBC
Goldman Strategists See US Dollar Softening Further From 15-Month Low – bbg
Stocks making the biggest moves midday: Nvidia, Carvana, Disney, Amazon and more – cnbc
Alphabet Shares Soar After It Expands AI Chatbot Internationally – Reuters
Stifel Strategist Who Predicted This Year’s US Stock Rally Says It’s Time for Caution – bbg
Judge Gives Ripple Partial Win in SEC Case Over XRP Cryptocurrency – Reuters
Ripple Wins Case Against SEC As Judge Rules On XRP Being A Security – Zerohedge
European Shares Rise as Tech Leads Gains on Fed Rate Optimism – Reuters
Amazon Prime Day Drives Online Sales Up 6.1%, Missing Estimate – bbg
Factbox-Analysts Guarded as AI-Driven US Stock Rally Faces Earnings Test – Reuters
Marketmind: Markets Bet July 2023 Is ‘Peak Fed’ – Reuters
US PREMARKET
US Producer Inflation Muted; Labor Market Still Tight – Reuters
US Producer Prices Barely Rise in June; Core PPI Subsides – Reuters
US Producer Price Inflation Tumbles To Slowest In 3 Years – Zerohedge
US Producer Prices Approach Deflation With 0.1% Annual Rise – bbg
‘Unadjusted’ Jobless Claims Rise To 6-Month Highs – Zerohedge
US Jobless Claims Dip to 237,000 as Labor Market Stays Resilient – bbg
PepsiCo Lifts Annual Forecasts Again on Price Hikes, Steady Demand – Reuters
PepsiCo Raises Outlook, Sees Resilience After Strong Quarter – bbg
PepsiCo beats earnings estimates, raises full-year outlook even as higher prices hurt demand – CNBC
Delta Says Travel Boom Is Here to Stay, Raises Earnings Forecast – Reuters
Delta Gains as Global Travel Drives Profit Forecast Higher – bbg
Delta posts record quarterly earnings, hikes full-year outlook on travel boom – CNBC
Futures Hit Fresh 52 Week High, Dollar Sinks In Global Post-CPI Rally – Zerohedge
European Stocks Eye Fifth Day of Gains as US CPI Reassures Bulls – bbg
Bond Rally Builds Momentum as Traders See Rates Close to Peaking – bbg
Europe’s first bitcoin ETF set to launch after 12-month delay – ft
European markets set for higher open as investors digest fall in U.S. inflation – cnbc
Marketmind: UK Data Deluge and the Run-Up to Recession – Reuters
Hong Kong stocks surge over 2% after U.S. inflation slows more than expected; Asia markets rise – cnbc
Barclays Pushes Back BOJ Tweak Call to October, Joining BofA – bbg
BOJ Speculation Stirs in Tokyo as Traders Weigh July Policy Tweak – bbg
China’s Exports Drop For Second Month in Blow to Slowing Economy – bbg
China’s June trade data badly misses expectations – cnbc
Asia Stocks Primed to Rally as Fed Rate Peak Nears: Markets Wrap – bbg
Wednesday 07/12
Dollar hits YTD trough after CPI-induced rip in stocks and bonds – Newsquawk US Market Wrap
Soft CPI Sparks Bond-Buying Bonanza, Meme Stock Meltup, Gold Gains As Dollar Pukes – Zerohedge
S&P 500, Nasdaq close at highest levels since April 2022, buoyed by cooler-than-expected inflation report – cnbc
Stocks making the biggest moves midday: Domino’s Pizza, DraftKings, Lucid, SunPower and more – cnbc
WTI Holds Gains Despite Large Crude Build; Biden Admin Drains SPR For 15th Straight Week – Zerohedge
Amazon Prime Day Pushes US Online Sales Up 6% in First 24 Hours – bbg
Explainer-Why Is the U.S. SEC Reforming Money Market Funds? – Reuters
European Stocks Gain With Focus on US Inflation for Policy Cues – bbg
Key Takeaways From Bank of Canada’s Decision to Raise Rates to 5% – bbg
Bank of Canada Hikes To 5%, No Longer Sees Inflation Dropping To Target Before Mid-2025 – Zerohedge
Bank of Canada Raises Rates to 5%, Sees Inflation Lingering – bbg
SF Fed Paper Warns Key Inflation Measure May Prove Hard to Tame – Reuters
Inflation at 3% Flags End of Emergency, Turning Point for Fed – bbg
Powell’s Favored Services Inflation Gauge Hits Lowest Since 2021 – bbg
US Inflation Hits Two-Year Low, Giving Hope for End to Fed Hikes – bbg
Inflation rose just 0.2% in June, less than expected as consumers get a break from price increases – cnbc
US Consumer Price Inflation Drops To 27-Month Lows; Longest Streak Of Declines Ever – Zerohedge
Stocks making the biggest moves premarket: Netflix, Roku, SunPower, Beyond Meat and more – cnbc
Futures Rise, Dollar Slides Ahead Of “Dovish” CPI Report – Zerohedge
Chip Designer Arm in Talks With Nvidia to Anchor IPO, FT Says – bbg
Threads’ Piracy Issues And Why Meta’s New App Can’t Launch In Europe – Zerohedge
European markets cautiously higher ahead of key U.S. inflation data – cnbc
Asia markets mixed ahead of India and U.S. inflation data – cnbc
Taiwan Chip Exports Plunge 21% as Device Makers Clear Inventory – bbg
Asia Equity Futures Rise as Traders Await US CPI: Markets Wrap – bbg
Tuesday 07/11
Business Live – guardian
Nasdaq 100 index to undergo special rejiggering because a few tech stocks have gotten too big – cnbc
US Banking Giants to Report Higher Profits Even as Dealmaking Drags – Reuters
Tight, thin, and choppy stocks and bonds, while Dollar dips on eve of CPI – Newsquawk US Market Wrap
Wall St Ends Higher With Key Inflation Data, Earnings Ahead – Reuters
Massive Short-Squeeze Sends Small Caps Soaring; Gold Up, USD Dn Ahead Of CPI – Zerohedge
Dow closes 300 points higher Tuesday as key consumer inflation report looms – cnbc
Microsoft-Activision Deal Odds Almost Double After Judge Gives Green Light – bbg
FX Daily: Is equity rotation helping EUR/$? – ING
Better to Bet on Cool US CPI Print Than Hot One, JPMorgan Sales Team Says – bbg
Cboe Exchange to Partner With Coinbase on Bitcoin Market Surveillance in ETF Push – Reuters
Investors Find an Easy Way to Trade Nasdaq 100’s ‘Special Rebalance’ – bbg
Consumer Cracks: Prices Of Online Goods Tumble At Sharpest Rate Since Early Pandemic – Zerohedge
Explainer-What Is Nasdaq’s Special Rebalancing and Its Impact? – Reuters
What’s Behind Nasdaq 100’s First-Ever ‘Special Rebalance’? – bbg
Meme Stocks Are Back, Raising a ‘Red Flag’ for the Broader Market – bbg
27% of Jobs at High Risk From AI Revolution, Says OECD – Reuters
US Sees Global Oil Demand Exceeding Supply This Year – bbg
Stocks making the biggest moves midday: Shutterstock, Newell Brands, Zillow and more – cnbc
Salesforce Makes Rare Price Hike After Launching AI Features – bbg
European Stocks Advance on China Optimism; Daimler Truck Gains – bbg
Marketmind: Bond Yields Recoil on Disinflation Buzz – Reuters
Inflation, Once a Stock-Market Curse, Is Now the Rally’s Friend – bbg
China June New Bank Loans Jump More Than Expected on Policy Support – Reuters
Stocks making the biggest premarket moves: JetBlue, Zillow, JPMorgan Chase, 3M and more – cnbc
Futures Rise After Latest China Stimulus Report, Looming CPI Keeps Gains In Check – Zerohedge
World’s Biggest Gallium Buyer Says Clients Stockpiling – Reuters
Americans Skimping on Essentials From Toothpaste to Toilet Paper Threaten Corporate Growth – bbg
UBS urges investors to seek refuge in US Treasury, gold on heightened recession concern in second half – scmp
Near-Term Inflation Expectations Tumble To 2 Year Low As Longer-Term Price Outlook Unexpectedly Jumps – Zerohedge
Asia markets rise as Wall Street snaps three-day losing streak – cnbc
For Battered Yen Bulls, Timing the Global Recession Is Now Key – bbg
Asia to Follow Wall Street Up After China Property Aid: Markets Wrap – bbg
China’s $77 Billion Bank Rout Shows Who Pays Price for Rescues – bbg
China to Extend Policies to Support Ailing Property Market – bbg
Monday 07/10
Business Live – guardian
Big Tech’s Dominance in Stock Market Hits Breakpoint for Nasdaq 100 – bbg
Used-Car Prices Fall by the Most Since the Start of the Pandemic – bbg
Used-Car Prices Tumble Most Since Start Of Pandemic, Record Drop For Month of June – Zerohedge
Cyclicals extend gains amid promising inflation proxies ahead of CPI on Wednesday – Newsquawk US Market Wrap
Bonds Bid As Hawkish ‘High(er) For Long(er)’ FedSpeak Spooks Growth Stocks – Zerohedge
Dow closes 200 points higher Monday to snap 3-day losing streak: Live updates – cnbc
US Consumer Borrowing Rises at Slowest Pace Since Late 2020 – bbg
Stocks making the biggest moves midday: Carvana, Icahn Enterprises, Novavax, Fisker and more – cnbc
Bitcoin Is Set to Quadruple to $120,000 by End of 2024, Standard Chartered Says – bbg
European Stocks Fall as China Data Disappoint, Rate Fears Linger – bbg
NY Fed Survey Finds Waning Near-Term Inflation Expectations – Reuters
Used car prices expected to stabilize following major decline in June – cnbc
Regional Banks Rally After Fed Proposes Higher Capital Requirements For Smaller Banks – Zerohedge
US Wholesale Inventories Revised up in Boost to Second-Quarter GDP – Reuters
Fed Plans to Boost US Banks’ Reserve Requirements; Industry Gripes – Reuters
Futures Struggle To Rise As Risk Sentiment Hit By Latest Soft China Data; US CPI, Earnings Loom – Zerohedge
Stocks making the biggest premarket moves: Advance Auto Parts, Icahn Enterprises, Meta, Fisker and more – cnbc
Citigroup Downgrades US Stocks Amid Recession Risks, Upgrades Europe – Reuters
Oil Steadies After First Back-to Back Weekly Advance Since May – bbg
European markets slightly lower after China’s low inflation reading – cnbc
Marketmind: Bruised Bonds Relying on Disinflation – Reuters
Marketmind: China Disinflation a Mix of Good and Bad – Reuters
Asia markets mixed as China’s June inflation data miss expectations – cnbc
Investors Buy Chinese Stocks for the First Time in Almost Two Months – Reuters
Goldman Analysts’ Bearish China Bank View Draws Fresh Criticism – bbg
China Tech Stocks Jump as Investors Cheer End of Harsh Crackdown – bbg
China On Brink Of Deflation As CPI Slumps, PPI Tumbles Most Since 2015 – Zerohedge
China’s producer prices sink again in June in latest sign of stalled recovery – cnbc
China’s Inflation Rate Slows to Zero as Economic Woes Mount – bbg
TSMC Sales Ride AI Demand Boost to Beat Estimates – bbg
A $28 Billion Wave of Selling Pressure Threatens China Stocks – bbg
Key Events This Busy Week: 9 Fed Speakers, Q2 Earnings Season Begins And All Eyes On CPI – Zerohedge
Investors Balance Rate Risks, Boost for China Tech: Markets Wrap – bbg
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— Earnings Whispers (@eWhispers) July 7, 2023