TOP MARKETS NEWS: Week 07/22 – 07/28

Friday 07/26

Business Live – guardian
Shanghai turns up on trade hopes while Hong Kong continues to struggle – scmp

Key ECB survey points to dropping inflation expectations – Reuters
GDP slows to 2.1% in second-quarter but beats expectations thanks to strong consumer – cnbc
US Fed holdings of Treasury securities maintain downward pattern – gt
Amazon announces disappointing earnings and warns profit will fall short again next quarter – businessinsider

 

 

Thursday 07/25

Business Live – guardian
China, Hong Kong markets head up on positive sentiment about trade talks next week – scmp

Is VIX Whale ’50-Cent’ Back? Volatility Collapse Sparks Huge Bearish Bets – Zerohedge
Hedge fund manager Kyle Bass says a US-China trade deal can’t be reached – cnbc
U.S. core capital goods orders surge; shipments rise – Reuters
ECB signals a rate cut, more monetary easing ahead – cnbc
ECB Monetary policy decisions – ecb 
Turkish central bank slashes rates 425 points in first shift since crisis – cnbc
German Business Outlook Tumbles as Manufacturing Slump Deepens – Bloomberg
Fund managers make fast exits in China’s new STAR Market, retail investors pile in – Reuters

 

 

Wednesday 07/24

Germany ‘recession risk’ as manufacturing hits seven-year low – business live – guardian
China, Hong Kong stocks gain on optimism over coming trade talks – scmp

US Manufacturing PMI Slumps To 10-Year Low, Business Outlook Worst On Record – Zerohedge
Facebook To Pay Record $5 Billion Fine In FTC Settlement – Zerohedge
“Cracks Are Showing”: CAT Shares Slump On Lower Earnings Guidance, Retail Sales Miss – Zerohedge
Mnuchin says he’s headed to China next week for trade talks, but there are still ‘a lot of issues’ – cnbc

Boeing’s stock slips after swinging to large but narrower-than-expected loss – Marketwatch
Greek Comedy: 10Y GGB Yield Plunges Below 2% For First Time Ever – Zerohedge
Euro zone lending figures mask growing divide – Reuters
German manufacturing recession deepens, weakest showing in 7 years: PMI – Reuters

Euro area: The weakest link weakens further – nordea
Global oil consumption stagnates leaving prices under pressure – Reuters
Eurozone economic growth falters as manufacturing downturn deepens – markit

PMI shows German economy under increased strain as manufacturing posts worst performance in 7 years – markit

Deutsche Bank posts second-quarter net loss of 3.15 billion euros amid major overhaul – cnbc

Asia stocks stay judgement on trade talks, euro pressured – Reuters

U.S. to pay $15 minimum per acre to farmers hurt by China trade war – Reuters

 

 

Tuesday 07/23

Debt ceiling deal and trade war optimism lift markets – business live – guardian
High-flying STAR stocks in China fall as traders grab profits and run – scmp

Apple, Amazon, Facebook and Alphabet shares dip after new antitrust inquiry reported – Marketwatch
Lately everyone’s buying stocks – yahoo
US sanctions Chinese company for buying Iranian oil. Beijing slams ‘bullying’ behavior – cnn
Richmond Fed Unexpectedly Crashes To Lowest In Over 6 Years As Order Backlogs Disintegrate – Zerohedge
Despite Plunging Rates, Existing Home Sales Slow For 16th Straight Month – Zerohedge
Three scenarios for Fed rate cuts – msci
EU has 35 billion euro list ready if U.S. hits EU cars: EU trade chief – Reuters
IMF lowers global growth forecasts as trade, Brexit uncertainties persist – Reuters

Moody’s – Risk of no-deal Brexit has increased – moody’s

Top investors lose $1 billion as China’s Nasdaq-style board reverses on day two – Reuters

China’s BAIC buys 5% Daimler stake to cement alliance – Reuters
China’s new tax, fee cuts save businesses 1.2 trillion yuan in H1 – shine
China changing how it eases – ing
China c.bank injects medium-term loans, with more low-cost funds to support economy – Reuters

 

 


Monday 07/22

Markets weighed down by geopolitical tensions and Brexit worries – business live – guardian
China, Hong Kong slide as STAR technology board debutante soars 521 per cent – scmp

Fed could worsen the next recession with a July rate cut, says Mizuho economist – Marketwatch
Schwab Market Update: Markets Post Modest Gains Ahead of Busy Week – Schwab
Morgan Stanley sees ‘credible bear case’ for a US recession – cnbc

Stocks Extend Gains On Debt-Ceiling Deal Rumors – Zerohedge
Boeing Drops, Drags Dow To Session Lows After Fitch Puts Single-A Rating In Danger Of Downgrade – Zerohedge
Ray Dalio, who just made a big gold recommendation, is missing the 2019 market comeback – cnbc
Fed’s National Activity Index Contracts For 7th Straight Month – Longest Streak Since 2009 – Zerohedge
UniCredit Weighs Thousands of Job Cuts in Mustier’s New Plan – Bloomberg
US trade war negotiators likely to visit China next week for first face-to-face talk since G20, source says – scmp
Key Events In This Extremely Busy Week: Draghi, BoJo, Mueller And Lots Of Earnings – Zerohedge

Manic Monday for China’s Nasdaq-style bourse as shares rocket – Reuters
China’s New High-Tech Board Blasts Off – caixin
FX weekly: Go Big or Go Home – nordea