TOP MARKETS NEWS: Week 08/10 – 09/06

Friday 09/04

Business Live – guardian 

Etsy gets into S&P 500, Tesla does not – Reuters
Spain’s Caixabank, Bankia to close merger in coming days, sources say – Reuters
Global markets begin to rebound from mammoth tech sell-off — what now? – cnbc
The Important NFP of the Year – bk
German manufacturing orders lost steam in July – Marketwatch
Asian stocks slip after Wall Street selloff dents tech rally – Reuters
China Passenger Vehicle And Heavy Duty Car Sales Rebound Sharply In August – Zerohedge




Thursday 09/03

France launches €100bn stimulus plan; UK services firms cut jobs – business live – guardian

China To “Gradually” Sell 20% Of Its US Treasury Holdings, May Dump It All In Case Of “Military Conflict”: State Media – Zerohedge
Speculation Emerges Over Identity Of Mystery Marketwide Call Buyer – Zerohedge
ISM Services Survey Weakens In August Amid “Highly Uncertain Path Ahead” – Zerohedge
Bank Of America Sees S&P500 Closing The Year Anywhere Between 2,200 To 4,000 – Zerohedge
881,000 Americans Filed For First-Time Unemployment Benefits Last Week – Zerohedge
Deutsche Bank upgrades JPMorgan and Bank of America, says stocks will catch up to the market – cnbc
Euro zone economic recovery loses momentum in August: PMI – Reuters
Is the EUR becoming a ‘growing concern’ for the ECB? – ing
France unleashes 100 billion euro stimulus to revive economy – Reuters

Sanofi, GSK launch trial for COVID-19 protein-based vaccine – Reuters
China’s services sector sustains recovery as hiring picks up: Caixin PMI – Reuters




Wednesday 09/02

Business Live – guardian

S&P Reaches Critical Resistance, Valuation At Record High As Liquidity Crashes – Zerohedge
These 74 stocks in the S&P 500 hit all-time records on Wednesday – Marketwatch
EUR, AUD Tumble Sharply on US Dollar Gains – bk
Stocks book fresh round of records, Dow ends 1.5% shy of all-time high, on hopes of COVID treatments, cures – Marketwatch
CDC to states: Ready vaccine distribution for November – politico
CDC issues sweeping temporary halt on evictions. Here’s what that means for renters – msn
Fed’s Beige Book Finds Some Recovery In Economic Activity But “Well Below” Pre-Pandemic Levels – Zerohedge
‘Cold currency war’: Dollar bounces back as ECB rings alarm on rising euro – Marketwatch
U.S. factory orders rise more than expected in July – Reuters
Tesla’s stock sinks into correction territory after disclosure of another large seller – Marketwatch
Fauci predicts ‘safe and effective’ coronavirus vaccine by end of year – nbcnews
U.S. private payrolls miss expectations, point to slowing labor market recovery – Reuters
Renters in U.S. cannot be evicted through the end of the year due to coronavirus, CDC order states – Marketwatch
Deutsche Bank CEO doesn’t want to sound ‘too pessimistic’ — but his outlook is anything but bullish – Marketwatch
The pros are getting ready for a market crash — retail investors, not so much, top economist warns – Marketwatch
Weak German retail sales dash hopes for strong recovery – Reuters
Australia records worst economic slump as pandemic ends golden run – Reuters


Tuesday 09/01

China’s factories post strongest growth in a decade as Covid-19 recovery continues – business live – guardian
Stock market live updates: Futures rise after big August, tech leads – cnbc

Zoom adds an eBay worth of market cap as stock shoots more than 40% higher – Marketwatch
The Real Reason The Oil Rally Has Fizzled Out – Zerohedge
Apple’s Market Cap Surpasses The Entire Russell 2000 Due To “Option Insanity” – Zerohedge
Tesla Is Selling Stock. ‘It Is More or Less Free Money.’ – barrons
This Was The Best Performing Asset In August And 2020 YTD – Zerohedge
Kodak jumps 50% after D.E. Shaw discloses stake in the company – cnbc
US Manufacturing Storms Ahead: ISM Smashes Expectations As New Orders Soar To 16 Year High – Zerohedge
Dollar set to extend decline as policy outlook favours euro: PIMCO – Reuters
Euro Falters After Eclipsing Key Level as ECB’s Lane Weighs In – Bloomberg
Eurozone unemployment continues to tick up as inflation turns negative – ing
European manufacturing PMI records second month of improving conditions – Marketwatch
40 states have been approved to offer $300 extra in unemployment benefits — only 6 have started to distribute it – Marketwatch
Most Chinese EV Startups Are Now Being Bailed Out And Backed By The State – Zerohedge
An ‘extreme’ August on the stock market might be telling us something about the November election – Marketwatch
RBA keeps rates steady, boosts term funding – Marketwatch
China’s Caixin PMI soars to near-decade high – Marketwatch




Monday 08/31

South Korea’s exports slid 10% in August – Marketwatch
Tesla stock rally accelerates further into record territory after split takes effect – Marketwatch
What Utility and Bank Stocks Say About the Recovery. Washington May Have the Last Word – barrons
Trump re-election momentum could shock stock-market investors betting on Biden win, says star analyst – Marketwatch
How does Abenomics stack up? Reuters asked the experts – Reuters
Nestle to buy Aimmune Therapeutics for $2.6 billion – cnbc
Buffett looks to Japan with 5% stakes in five biggest trading firms – Reuters
China’s factory activity expands at a slower pace in August: official PMI – Reuters