TOP MARKETS NEWS: Week 08/30 – 09/05

August 30, 2021
  

Friday 09/03

Business Live – guardian

Dow falls after big jobs report miss, tech stock gains limit losses – cnbc
The Wheels Come Off: As Economic Growth Craters, NY Fed Suspends Its GDP Tracking Model – Zerohedge
Who’s Hiring And Who’s Firing In August… And What Was Behind The Dismal Jobs Print – Zerohedge
Services Surveys Scream Stagflation In August As Wages Spike – Zerohedge
Goodbye Taper? Huge Jobs Miss As US Adds Just 235K Jobs In August – Zerohedge
Futures Hit Another All Time High Ahead Of Jobs Report Expected To Show Slowdown In Hiring – Zerohedge
European stocks set for flat open as markets monitor key economic data – cnbc
Japan’s Nikkei 225 jumps 2% as Prime Minister Suga bows out of governing party’s leadership race – cnbc
BOJ’s “Turbo Kuroda” Calls For Even More QE And Even More Negative Rates – zerohedge

 

Thursday 09/02

Cryptos Jump, Small Caps Pumped, & Dollar Dumps To 1-Month Lows – zerohedge
S&P 500 and Nasdaq notch record closes as jobless claims reach pandemic low – cnbc
US Auto Sales Crash As Dealer Inventory Hits New Record Low – zerohedge
Bill Gross Mocks “Wokeness”, Lashes Out At Bonds As “Investment Garbage” – zerohedge
Morgan Stanley Nukes Its Q3 GDP Forecast, Now Sees Just 2.9% Growth, Down From 6.5% – zerohedge
Initial Claims Drop To New Post-Covid Low Even As Total Benefits Recipients Rise To 4 Week High – zerohedge
Futures Just Keep Ramping Higher As Bitcoin Rises Above $50,000 – zerohedge
European stocks edge higher in cautious trading – Reuters
European markets lackluster as markets gear up for U.S. jobs data; Swedish Orphan Biovitrum up 24% – cnbc
Bank Buybacks Hit Record Propelling Stocks To All Time HIgh – Zerohedge
Shares in Asia-Pacific mixed; Australia records higher-than-expected trade surplus in July – cnbc
Nio and Xpeng deliveries fall in August as chip shortage hits China’s electric carmakers – cnbc
Citi’s Levkovich Admits “Significant” Mistakes In Bearish S&P Call, But Sticks With 4,000 Year-End Target – Zerohedge

 


Wednesday 09/01

Business Live – guardian
WHO Tracking New Covid Variant Named Mu, Warns It Could Be More Resistant To Vaccines – forbes

Rally Fizzles As Banks And Energy Dump While FANGs Hit All-Time High; Cryptos Soar – Zerohedge
S&P 500 closes flat on first day of September, Nasdaq ekes out a record close – cnbc
No Surprises: After Blitz-Meeting, OPEC+ Sticks With Agreed Production Increase – Zerohedge
Here Are The Best And Worst Performing Assets In August – Zerohedge
Stocks making the biggest moves midday: Uber, Apple, Wells Fargo and more – cnbc
ISM Manufacturing Unexpectedly Rebounds But Contracting Employment Flashes Warning Ahead Of Friday’s Payrolls – Zerohedge
Private payrolls increase by just 374,000 in August, far short of the 600,000 estimate, ADP says – cnbc
“The Job Market Recovery Is Dented” – ADP Private Payrolls Miss Huge, Only 374K Jobs Added In Augus – Zerohedge
Futures Rise Toward Fresh Record High As PMIs Confirm Global Economy Slowing – Zerohedge
September is the toughest month for stocks, but this time could be different – cnbc
Now lorry driver shortage hits Europe: Germany, France and Spain suffer total shortfall of 400,000 HGV drivers sparking claims Brexit is NOT to blame for UK crisis – dailymail
Nio Lowers Q3 Forecast After August Deliveries Plunge Amid Supply Chain Disruptions – benzinga
FTSE reshuffle: Just Eat set to be ejected after ruling it is Dutch not British – yahoofinance
European stocks start September with gains, shake off growth worries – Reuters
Euro zone bond yields at six-week highs as ECB unease lingers – Reuters
Euro zone Aug factory growth strong – as were price rises, PMI shows – Reuters
European markets set for positive open after inflation data rattles sentiment – cnbc
German retail sales slump signals weak start to third quarter – Reuters
GLOBAL ECONOMY Factories hit by pandemic-related supply disruptions – Reuters
Bernard Arnault’s Bad Bet: World’s Third Richest Person Finally Unloads Stake In French Retailer Carrefour – forbes
Asia stocks mixed; private survey shows Chinese factory activity shrinking in August – cnbc
Nikkei rises sharply on hopes Suga’s gambit will ease political worries – Reuters
China’s “Lehman Moment” Approaching: Evergrande Warns Of Default Risk From Cash Crunch – Zerohedge
Evergrande shares, bonds fall further after it warns of default risks – Reuters
China’s factory activity contracts for first time since April 2020 – Reuters
Chile central bank hikes benchmark interest rate to 1.5% from 0.75%- Reuters

 


Tuesday 08/31

China’s economy under pressure as factory growth slows and services contract – business live – guardian

Stocks making the biggest moves after hours: CrowdStrike, Ambarella, PVH and more – cnbc
Stocks End Seven Straight Months Of Gains With A Whimper – Zerohedge
S&P 500 falls slightly Tuesday, but notches 7th-straight winning month in August – cnbc
Yields Jump To Session Highs After Knot Urges “Immediate” Slowdown To ECB Crisis QE – Zerohedge
Environmental group warns hydrogen is a ‘false solution’ for renewables – thehill
Consumer Confidence Crashes Amid Delta Fears As Inflation Fears Hit 13 Year High – Zerohedge
Scientists Warn About New Hyper-Infectious South African Variant – Zerohedge
Stocks making the biggest moves midday: Zoom, Virgin Galactic, Chico’s and more – cnbc
ECB’s Holzmann Sparks Fears Of ECB Taper But That Won’t Happen For A Long Time: Here Is A Blueprint Of PEPP Tapering – Zerohedge
Apple’s Satellite Phone Plans Are Questioned, and Space Stocks Are Falling – BARRONS
Aluminum Prices Hit Decade High Amid China’s Drive To Cut Carbon Emissions – Zerohedge
China shares fall on wobbly economic recovery, regulatory tightening – Reuters
Euro zone inflation hits 10-year high ahead of key central bank meeting – cnbc
European markets head for lower open as investors digest latest data – cnbc
China shares fall on wobbly economic recovery, regulatory tightening – Reuters
Tencent and NetEase shares fall more than 3% after China tightens gaming rules for kids – cnbc
“Absolute Shocker”: China’s Service Economy Unexpectedly Implodes With 2nd Worst Non-Mfg PMI Print On Record – Zerohedge
China’s services activity contracts for the first time since early 2020, official data shows – cnbc


Monday 08/30

Zoom shares slide 10% on slowing growth – cnbc
S&P 500, Nasdaq close at record highs as Wall Street looks for strong finish to August – cnbc
Robinhood tanks after SEC chair tells Barron’s that banning payment for order flow is a possibility – cnbc
Robinhood Tumbles As SEC’s Gensler Says Payment-For-Order Flow Ban Is “On The Table” – Zerohedge
What to expect in September from the USD? – SocGen – forexlive
PayPal is exploring a stock-trading platform for its U.S. customers- cnbc
Stocks making the biggest moves midday: PayPal, Generac, Dave & Buster’s and more – cnbc
Oil slips as Hurricane Ida weakens, OPEC+ in focus – Reuters
$13 Billion In Month-End Pension Selling – Zerohedge
Globalstar, Iridium Jump On Rumors New iPhones May Use Satellite Connectivity – Zerohedge
S&P Set For 53rd Record High After Powell Gives The Green Light To Buy – cnbc
Stocks making the biggest moves in the premarket: Affirm, Moderna, Globalstar and more – cnbc
European markets trade higher, reflecting buoyant global sentiment – cnbc
Asia-Pacific stocks rise; Australia shares recover from earlier slip as Covid infections spike – cnbc
Video Game Stocks Slide As Beijing Imposes 3-Hours-Per-Week Playtime-Quota – Zerohedge

 

 

 

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