TOP MARKETS NEWS: Week 09/04 – 09/10

Weekend 09/09 & 09/10

The Big Bet on Luxury Stocks Stumbles on Inflation, China Woes – bbg

Bond Traders Brace for Risk Inflation Will Fuel Rate-Hike Bets – bbg
Wall Street Fears a Too-Hot Economy as Recession Bets Plunge – bbg
Charting the Global Economy: China Services Activity Weakens – bbg

 

Friday 09/08

Business Live – guardian

Small US Banks Suffer Biggest Deposit Outflows Since SVB Crisis, Money-Market Inflows Soar – Zerohedge
Markets lack direction in thin Friday trade ahead of key US data – Newsquawk US Market Wrap
S&P 500 snaps 3-day losing streak Friday, suffers first weekly decline in three – cnbc

US Automobile Industry Faces High Sourcing Risk, Fed Study Finds – bbg
Stocks making the biggest moves before the bell: Kroger, DocuSign, Snowflake, Adobe and more – cnbc
Futures Drop With Europe Stuck In Worst Stretch Since 2016; Dollar Dips From 6 Month High – Zerohedge
European stocks slide, on track for eight-day losing streak; auto firms down 1.2% – cnbc

Asia markets fall as Japan economy grows slower than expected; Hong Kong cancels Friday trading – cnbc

Asia Stocks to Follow Wall Street’s Apple-Led Drop: Markets Wrap – bbg

 

Thursday 09/07

Banks’ Usage Of Fed’s Emergency Funds Jumps To New Record High, Money-Market Inflows Soar – Zerohedge
Stocks slide amid AAPL woes while Dollar and Treasuries rise ahead of Fed speak – Newsquawk US Market Wrap
Stocks making the biggest moves after hours: DocuSign, Smartsheet, Planet Labs and more – cnbc
iFall: Beijing Batters US Tech, Bonds & Bitcoin Bid – Zerohedge
Nasdaq tumbles for a fourth day as fears of higher interest rates pressure markets – cnbc
Stocks making the biggest moves midday: ChargePoint Holdings, Seagate Technology, C3.ai and more – cnbc

Initial Jobless Claims Plunge To 7-Month Lows (Thanks To Ohio’s Fraud Cleanup) – Zerohedge
German Industrial Output Falls More Than Expected in July – Reuters
JPMorgan’s David Kelly Says Another Fed Hike Would Be Dangerous – bbg
European markets head for lower open as investors focus on euro zone economic data – cnbc

Marketmind: Fed Steals Focus, Stocks Sell Off – Reuters

Asia markets mostly lower as investors assess trade data from China and Australia – cnbc
China’s Trade Slump Narrows as Stabilisation Signs Emerge – Reuters
China’s exports drop by 8.8% in August as trade slump persists – cnbc

Asia Stocks Under Pressure, Dollar Strengthens: Markets Wrap – bbg

 

Wednesday 09/06

Business Live – guardian

GameStop Revenue Beats Estimates on Stronger Software Sales – bbg
Stocks and bonds fall after hot Services ISM – Newsquawk US Market Wrap 
Ominous Beige Book Warns Consumers “Exhaust Savings” As Recession Mentions Soar To 5 Year High – Zerohedge
Stocks making the biggest moves after hours: GameStop, American Eagle Outfitters and more – cnbc
Dow tumbles nearly 200 points, Nasdaq falls a third straight day as Fed rate hike fears return – cnbc
Stocks making the biggest moves midday: Roku, Tesla, AMC, AeroVironment and more – cnbc
Hedge Funds Say It’s Too Risky to Short Dollar on US Rates Hazard – bbg
Bank of Canada Holds Rate At 5%, As Expected, Sees Excess Demand Easing But Prepared To Hike More If Needed – Zerohedge
Services Surveys Signal Soaring Stagflation Risks – Zerohedge

Futures Stumble After German Factory Orders Collapse And Surging Oil Spark Stagflation Fears – Zerohedge
Stocks making the biggest moves premarket: Enbridge, Roku, Gitlab and more – cnbc
Germany Factory Orders Slumped 11.7% at Start of Third Quarter – bbg
European stocks head for lower open as investors focus on oil market moves – cnbc

Asia markets mixed; Evergrande up 70% leading Chinese real estate stocks higher – cnbc
Japan Warns on Yen After Currency Hits Fresh 10-Month Low – bbg
China Property Stocks Rally on Speculation of More Stimulus – bbg

Asian Stocks Set for Cautious Open as Oil Climbs: Markets Wrap – bbg

 

Tuesday 09/05

Business Live – guardian
High-Grade Companies Rush to Tap US Debt Markets Post-Labor Day – Reuters

Stocks making the biggest moves after hours: GitLab, Zscaler, AeroVironment and more – cnbc
Dollar and yields rise while oil surges on production cut extensions – Newsquawk US Market Wrap
‘Value’ Stocks Puked, ‘Growth’ Gains, As Heavy Flow Hammers Bonds – Zerohedge
Dow closes nearly 200 points lower as rising oil prices drag down stocks – cnbc
Fed’s Debt Runoff Is ‘Painless’ at $1 Trillion Mark, With Bigger Test Ahead – bbg
Saudi Telecom Buys 9.9% Telefonica Stake in $2.25 Billion Deal – bbg
Rate Hikes Curb Output for at Least a Decade, SF Fed Study Finds – bbg
BlackRock Trims Government Bonds Underweight, More Cautious on Credit – Reuters
Citigroup’s Beaten-Down Shares Are Worth Buying, Mayo Says – bbg
Stocks making the biggest moves midday: Halliburton, Warner Bros. Discovery, Oracle and more – cnbc
Oil Tanker Stocks Slump on OPEC+ Cuts – bbg
Pump Prices in US Hit Highest Seasonal Level in Over a Decade – bbg
European Stocks Decline as Weak China Data Weighs; Luxury Slides – bbg
Dollar Climbs Toward Six Month High Amid Rising US Yields – bbg
U.S. dollar steams to nearly 6-month high as stocks fade on twin fears – Marketwatch
US Factory Orders Tumbled In July, Transports Heavy – Zerohedge

Marketmind: Global Business Splutters, Dollar Surges – Reuters

Brent Oil Hits $90 a Barrel After OPEC+ Extends Supply Curbs – bbg
Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the year – cnbc
Futures Slide, Dollar Surges As China Services Unexpectedly Slump – Zerohedge
Arm’s Reduced IPO Shows Pitfalls in Quest for New York Premium – bbg
SoftBank’s Arm Targets $4.87 Billion In Downsized IPO Offering – Zerohedge
The U.S. economy’s slow return to a 2% norm – axios
Nvidia’s Rally Is Going to Show Traders What a Market Bubble Looks Like, Rob Arnott Says – bbg
Stocks making the biggest moves premarket: Airbnb, Oracle, American Express and more – cnbc
This is the real reason why the eurozone is suffering from labour shortages – ING
Renault CEO sees Ampere IPO valuation of up to 10 billion euros -FT – Reuters
ECB consumer survey shows rising inflation expectations – forexlive
ECB Consumer Expectations Survey results – July 2023 – ECB
Euro Zone August Downturn Deeper Than Was Thought -PMIs – Reuters
Eurozone economy contracts at faster pace in August as services activity tips into decline – pmi
German Service Sector Activity Shrinks in Aug for First Time in 2023 -PMI – Reuters
Germany’s Finance Minister: Fiscal Normalization Is Just Beginning – Reuters
Goldman Cuts US Recession Chances to 15% on Improved Inflation – bbg
European markets head for lower open as sentiment sours slightly – cnbc

Marketmind: China Optimism Dissipates After Weak Data – Reuters

Asia markets fall as Australia holds rates; inflation, business activity data expected – cnbc
Asian Shares Slip as China Optimism Fades; RBA in Focus – Reuters
China’s Largest Export Market Is Now Much Closer to Home – bbg
China Slowdown Means It May Never Overtake US Economy, Forecast Shows – bbg
China’s August services activity slows amid sluggish demand, private survey shows – cnbc
China Services Activity Eases in Knock to Recovery, Survey Shows – bbg
RBA Extends Rate Pause as Lowe Departs With Inflation in Retreat – bbg

Asia Stocks Set to Fall as China Property in Focus: Markets Wrap – bbg

 

Monday 09/04

Business Live – guardian

European Stocks Hold Steady as China Stimulus Lifts Miners – bbg
European Shares End Flat as China Stimulus-Driven Advances Falter – Reuters
Europe’s Airlines Offer Discounts as Travel Slowdown Hits Post-Summer – bbg
Tesla’s China Deliveries Rebound in August on Price Cuts – bbg
Novo Nordisk’s Wegovy weight loss drug launches in the UK – cnbc
German Exports Down in July – Reuters
Asia Oil Latest: Iran Won’t See Jump in Flows If Sanctions Eased – bbg
Stock Market Rally Is Set to Weather Higher Bond Yields, Investors Say – bbg
European markets set to start the week on a positive note; German trade data ahead – cnbc

Hong Kong stocks lead gains in Asia; Australia and China data closely watched this week – cnbc
Chinese Stocks in Hong Kong Jump After More Property Easing – bbg

Asia Stocks Look Set to Advance Amid US Holiday: Markets Wrap – bbg