TOP MARKETS NEWS: Week 08/23 – 08/29

August 23, 2021
  

Weekend 08/28 & 08/29

Morgan Stanley: This Fall We Expect The Mid-Cycle Transition To End With A 10%+ S&P 500 Correction – Zerohedge
‘This Ends The Debate’ – Israeli Study Shows Natural Immunity 13x More Effective Than Vaccines At Stopping Delta
– Zerohedge
A key jobs report in the week ahead could drive the next big market move – cnbc

Friday 08/27

Business Live – guardian

Dovish Powell Sparks “Most Painful” Meltup To 52nd Record High In 2021 – Zerohedge
Wall Street Reacts To Powell’s Dovish Nothingburger Speech – Zerohedge
Cuba’s central bank now recognizes cryptocurrencies like bitcoin – cnbc
Fed’s Powell gives no signal on start of bond-buying taper, weighs Delta risks – Reuters
Powell sees taper by the end of the year, but says there’s ‘much ground to cover’ before rate hikes – cnbc
Key inflation gauge rises 3.6% from a year ago to tie biggest jump since the early 1990s – cnbc
Fed’s Favorite Inflation Measure Surges At Fastest Pace In 30 Years As Spending, Incomes Rise – Zerohedge
Stocks making the biggest moves premarket: Big Lots, Hibbett Sports, Peloton, Gap and others – cnbc
A race against Covid: How Moderna and Pfizer-BioNT – cnbc
European markets subdued ahead of Powell’s Jackson Hole speech – cnbc
Asian shares inch up, caution prevails ahead of Jackson Hole – Reuters


Thursday 08/26

Business Live – guardian

What to watch today: Wall Street looks flat after S&P 500, Nasdaq record closes – cnbc
Futures Coiled Ahead Of J-Hole As China Slumps, Bitcoin Slides – Zerohedge
Taliban Secures World’s Largest Lithium Deposits After US Withdrawal From Afghanistan – Zerohedge
Shares in DWS fall 5.3% in early Frankfurt trade after report on U.S. probe – Reuters
European stocks set to retreat as global markets subdued ahead of Fed symposium – cnbc
Xiaomi acquires autonomous driving firm as it looks to boost nascent electric vehicle business – cnbc
China stocks snap 3-day rising streak as property market slowdown weighs – Reuters
Chinese stocks lead declines in Asia-Pacific; South Korea hikes interest rates – cnbc
Asian shares retreat from rally, South Korea raises rates – Reuters
South Korea hikes interest rates, the first developed economy to do so in pandemic era – cnbc
EMERGING MARKETS-S.Korean stocks fall after c.bank rate hike; most others retreat – Reuters

Wednesday 08/25

Business Live – guardian
COVID-19 live updates: Kentucky reports record hospitalizations, ICU patients – ABCNEWS
Just As Stocks Dropped Below A Critical Support Last Week, Banks Unleashed Record Buybacks – Zerohedge

Stocks making the biggest moves after hours: Salesforce, Williams-Sonoma, Snowflake and more – cnbc
Salesforce raises full-year earnings guidance following Slack acquisition – cnbc
Small Caps Soar On Biggest Short Squeeze In 7 Months, Bitcoin & Bond Yields Spike – Zerohedge
Stocks extend their rally with S&P 500 and Nasdaq hitting fifth straight day of gains – cnbc
Palantir Shares Slide After “Glitch” Allowed FBI Unauthorized Access To Private Social Media Data – Zerohedge
Western Digital in talks to merge with Japan’s Kioxia -source – Reuters
Canada’s Trudeau Is Proposing “Fixing” His Country’s Housing Bubble With Even More Government Intervention – Zerohedge
Delta Air Lines is raising health insurance premiums for unvaccinated employees by $200 a month to cover higher Covid costs – cnbc
“Investors Have Begun To Reduce Leverage” – BofA Spots “Bearish Signal” In Margin Debt – Zerohedge
US Durable Goods Orders Drop In July, ‘Unadjusted’ Motor Vehicles Orders Tumble – Zerohedge
Futures Flat Near All Time High As Traders Brace For J-Hole – Zerohedge
Stocks making the biggest moves premarket: Dick’s Sporting, J&J, Express, Shoe Carnival, others – cnbc
The Shortages Are Going To Get Worse Later This Year As Global Supply Chains Increasingly Falter – Zerohedge
European shares subdued ahead of Fed summit – cnbc


Tuesday 08/24

Stocks and oil rally on Covid vaccine optimism as tapering fears ease – business live – guardian
“The Time Has Come. Enough Is Enough” – Fauci Dismisses “Freedom” In Call For Vaccine Mandates – Zerohedge

House approves $3.5 trillion budget plan, sets deadline for infrastructure vote – cbs
US infrastructure $3.5tln plan passes the House vote (but there’s a but) – forexlive
Short-Squeeze Surge Sends Stocks To Record High As ‘Soft’ Data Slumps To 14-Month Lows – Zerohedge
S&P 500 and Nasdaq close at records ahead of Fed summit – cnbc
XPeng Is Expanding Beyond China, and the Stock Is Rising – BARRONS
Bosch says the semiconductor supply chains in the car industry no longer work – cnbc
Forget The Fed And Jackson Hole: Treasury Is About To Unleash $500 Billion Quantitative Tightening – Zerohedge
Another Day, Another Record High For Futures As China Stocks Bounce, Brent Back Over $70 – Zerohedge
Strategists Are Upbeat About the S&P 500. There’s Too Much Good News to Shrug Off. – barrons
S&P 500 to rise another 8% through 2021-end – Wells Fargo – Reuters
Rabobank: Welcome To The Mismatch Economy, The Implications Are Huge – Zerohedge
Stocks making the biggest moves in the premarket: Best Buy, Palo Alto Networks, Camping World and more – cnbc
European markets set to inch higher on Pfizer vaccine approval and easing taper worries – cnbc
RBNZ considered a 50 bps rate hike – assistant governor – Reuters

 


Monday 08/23

Business Live – guardian
Pfizer Vaccine Receives Full Approval From FDA – Zerohedge
FDA Approves First COVID-19 Vaccine – FDA

Crypto, Gold, Oil, & Stocks Soar On Dismal Data As Dollar Dumps – zerohedge
Stocks rally to start the week, Nasdaq closes at record after Pfizer vaccine approval – cnbc
Morgan Stanley: The US Consumer Is Headed For A Double-Dip Recession – Zerohedge
Oil jumps as much as 6%, snapping longest losing streak since 2019 – cnbc
Goldman: Here’s What Powell Will Say At Jackson Hole – Zerohedge
What Do Credit Markets Know That Record-High Stocks Are Choosing To Ignore? – zerohedge
Stocks making the biggest moves midday: Pfizer, Moderna, Boeing and more – cnbc
European shares end higher on commodity recovery after bruising week – Reuters
Visa Buys NFT of Digital Avatar With Mohawk for $150,000 – BBG
US PMIs Plunge In August, Composite Weakest Since 2020 – Zerohedge
Pfizer wants you to call its COVID vaccine Comirnaty. How the name came about – FORTUNE
Pfizer Agrees to Buy Cancer Biotech Trillium Therapeutics at a 200% Premium – barrons
Taper talk looms over Fed’s (virtual) Jackson Hole conference – yahoofinance
Euro zone business activity remains robust in August as jobs boom – cnbc
Key Events This Week: All Eyes On The Jackson Hole Webcast – Zerohedge
European markets edge higher, looking to bounce back from worst week since February; Sainsburys up 12% – cnbc
Futures Rise As Jackson Hole Looms, Dollar Slides, Bitcoin Surges – Zerohedge
Bitcoin Surges Back Above $50k, Crypto Market Cap Tops $2 Trillion Again – Zerohedge

 

 

 

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