TOP MARKETS NEWS: Week 07/01 – 07/07

Weekend 07/06 & 07/07

Greek conservatives take charge in early election results – cnbc
Lira Crashes After Erdogan Unexpectedly Fires Turkey’s Central Bank Governor – Zerohedge
Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul – Reuters
Week ahead – All About That Fed – nordea
Credit Derivatives Are Losing Popularity As Corporate Bond Managers Shift To ETFs For Hedging – Zerohedge

Friday 07/05

Business Live – guardian
Hang Seng, Shanghai on track for week of gains amid trade war truce – scmp

SocGen May Have Solved The Market’s Biggest Paradox – Zerohedge
“Good” News On Jobs Sparks Selling In Stocks, Bonds, & Gold; Dollar Surged – Zerohedge
JPM Buys Treasuries, Italian Bonds In Big Bet On Global Stimulus – Zerohedge




Thursday 07/04

Business Live – guardian
Hang Seng, Shanghai struggle as consumer stocks weigh on benchmarks – scmp

ECB needs to provide more stimulus to live up to mandate: Rehn – Reuters
Bond yields are falling to record lows as investors pull back from risky assets – cnbc




Wednesday 07/03

Eurozone bond yields hit record lows after Christine Lagarde chosen to run ECB – business live – guardian
Hong Kong, mainland China markets down as traders fret about chances for quick resolution to US-China trade war – scmp

Italian 30Y Yields Plunge Most In 7 Years After Rome Avoids EU’s Excess Debt Penalty – Zerohedge
Italy counts on army of number-crunchers to win bad loan war – Reuters
US Factory Orders Contract In May, Lowest Since Aug 2016 – Zerohedge
US Composite PMI Hovers Near 3-Year Lows: Manufacturing Slowdown Spreads To Services – Zerohedge
Bold PM can bring virtuous circle to Greece – Reuters
US Trade Deficit Re-Accelerates In May – Zerohedge
Euro zone June business growth slow as factories still faltering – Reuters
Italian Socialist Elected President Of Europe’s Parliament  – Zerohedge
No technocrat, Lagarde brings listening, diplomacy to ECB table – Reuters
Trump Slaps 400% Tariff On Vietnamese Steel – Zerohedge



Tuesday 07/02

Business Live – guardian
Hong Kong investors return to trade truce by Donald Trump and Xi Jinping, overnight property destruction by demonstrators – scmp

Deutsche Bank: “This Has Only Ever Happened Once Before” – Zerohedge
10Y Treasury Yield Plunges Below 2.00% – Zerohedge
Saudi Aramco to Restart Preparations for Mega IPO – Βloomberg
US Proposes An Additional $4 Billion In Tariffs On European Imports – Zerohedge
RBA cuts rates to boost growth, fight trade woes – Marketwatch



Monday 07/01

Business Live – guardian
Shanghai jumps on US-China trade war truce between Donald Trump and Xi Jinping – scmp

New trade talks with China have ‘already begun,’ Trump says: report – Marketwatch
China slashes fees to propel economic growth amid downward pressure – gt
Global Manufacturing PMI Crashes To 7-Year Lows As New Orders Slump – Zerohedge
US Manufacturing Surveys “Paint A Worrying Sign Of Marked Declines”  – Zerohedge
It’s Official: This Is The Longest Economic Expansion On Record – Zerohedge
Euro zone factory activity contracted for fifth month in June: PMI – Reuters
When The ECB Restarts QE, This Is What It Will Buy – Zerohedge
Key Events This Week: All Eyes On Payrolls As Focus Turns To Fundamentals – Zerohedge
US bond ETFs attract record $25bn inflows in June – ft
Asia’s factories falter in June, trade truce fails to brighten outlook – Reuters