TOP MARKETS NEWS: Week 09/26 – 10/02

Weekend 10/01 & 02/10

Top 5 Things to Watch in Markets in the Week Ahead – investing
Marketmind: Can Q4 Stop the Rot? – Reuters
Most Turbulent Bond Market Since 2009 Braces for Fresh Jobs Jolt – bbg
LARGEST CUTS TO EPS ESTIMATES FOR S&P 500 COMPANIES FOR Q3 2022 IN MORE THAN TWO YEARS – factset

Tesla delivered 343,000 vehicles in the third quarter of 2022 – cnbc
Tesla Delivers Record 343,830 Cars; Misses Estimates – bbg
Pensions watchdog called in to emergency talks on UK market turmoil – guardian
Truss’s growth plan is nothing but a magic potion – ft
Why Bonds Are Behaving Like Risky Assets – Zerohedge
Analysis-Under Water: How the Bank of England Threw Markets a Lifeline – Reuters
The Stocks to Buy and Sell During the UK’s Market Rout – bbg
UK Pension Strategy That Gilt Market Relied On Becomes Big Risk – bbg
China’s $5 Trillion Rout Creates Historic Gap With Indian Stocks – bbg
Visualizing The Global Wealth Pyramid – Zerohedge
Global Stocks Pin Hopes of Year-End Rally on Earnings Resilience – bbg
US Jobs at Cruising Speed May Keep Up Pressure on Fed: Eco Week – bbg
Fed Officials Begin to Split on the Need for Speed to Peak Rates – bbg
World Economy Roiled by Simultaneous Shocks Echoing 2007 Anxiety – bbg
OPEC+ Plans to Hold in-Person Meeting Next Week, Say Delegates – bbg
Thousands March in UK Cities to Protest on Cost-of-Living Crisis – bbg
Raging Markets Selloff in Five Charts: $36 Trillion and Counting – bbg
The Nightmare Numbers Behind Britain’s Week of Market Panic – bbg
Sterling Credit Has Worst Ever Month as UK Chaos Shakes Market – bbg
Your Saturday Briefing: The Aftermath of a Disaster – bbg
Liz Truss’s Tax Cut Gaffe Hits Tories in the Pocket: Five Charts – bbg
Can’t Go Forward, Won’t Go Back: Truss’s Government Hits Buffers – bbg
Collapse In Money Supply Is Still A Major Risk For The Market – Zerohedge
Demand for Aluminum Slows in Another Sign of Troubled Economy – bbg
China’s Stocks in US See No Relief in September – bbg
Credit Market Moves Toward Breaking Point as Investors Flee, Sales Flop – bbg
Investors Expect No Peace in U.S. Stocks Until Bond Gyrations Subside – Reuters
U.S. Consumers Spurn Cars, Couches and Cruises, Results Show – Reuters
Markets in Q3: Goldilocks Fairytale Turns Into Bad Bear Nightmare – Reuters

 

Friday 09/30

Business Live – guardian

S&P Cuts UK Rating Outlook After Tax Cut Plan – bbg
Dow tumbles 500 points on Friday to end September down nearly 9% – cnbc
Elon Musk shows off humanoid robot prototype at Tesla AI Day – cnbc
JPMorgan’s Kolanovic Sounds Alarm on Outlook as War Escalates – bbg
Stocks making the biggest moves midday: Nike, Rent-A-Center, Carnival Cruise – cnbc
Mortgages Approach ‘Scarily High’ Level After UK’s Week of Chaos – bbg
EU countries approve energy windfall levies, turn to gas price cap – cnbc
U.S. Core PCE Rise Keeps Aggressive Fed Scenario in Place – Reuters
The union push could face a big obstacle in 2023 if the economy falls into a recession – CNBC
Bounce In Futures Fizzles As Dollar Surge Returns – Zerohedge
Stocks making the biggest moves premarket: Nike, Micron, Amylyx and others – CNBC
Pound Drops After Reports UK Won’t Speed Up Watchdog Forecast – bbg
Japan Spent $19.7 Billion in September Forex Market Intervention – bbg
Europe’s Bank CEOs Shatter Uneasy Calm as Recession Fears Mount – bbg
Euro-Zone Inflation at Double-Digit Record Piles Pressure on ECB – bbg
Cash Is King for Pension Funds After UK Funding Market Shocks – bbg
Coordinated Intervention to Tame Dollar ‘Just a Matter of Time’ – bbg
EU Targets Gas Prices as Energy Crisis Dwarfs Emergency Package – bbg
UK Homebuilders Down 50% This Year as Crisis Deepens Under Truss – bbg
A Weak Pound Is Making Britain’s Energy Even More Expensive – bbg
Aluminum Extends Gains After Record Spike on Russia Supply Fears – bbg
Asia-Pacific markets mostly lower after S&P 500 closes at new year-low – cnbc
JPMorgan, Morgan Stanley Cut Alibaba Target on Revenue Concerns – bbg
China Shares Plunge to Lowest Valuation on Record in Hong Kong – bbg
China Escalates Cash Injection Ahead of Golden Week Holiday – bbg
China Junk Dollar Bonds Extend Record String of Quarterly Losses – bbg
Battery Parts Maker Heads for Record Slump Amid Big Korean IPOs – bbg
BOJ Boosts Amounts at Regular Bond Buy as Yields Stay Elevated – bbg
China Factory Activity Shows Mild Growth as Covid Curbs Persist – bbg
Apple’s Tech Supply Chain Shows Difficulty of Dumping China – bbg
Here’s Why China’s Yuan Hit Record Lows Against the Dollar – bbg

 


Thursday 09/29

Business Live – guardian
Factbox-The Structure of the Porsche IPO – Reuters
Supply Chain Effects From Hurricane Ian Could Linger For Weeks – Zerohedge
Hurricane Ian To Unleash Up To $70 Billion In Losses, Insurance Market Devastation And Even Bigger Spike In Inflation – Zerohedge
Soaring Dollar Is Growing Headwind to Foreign-Facing US Stocks – bbg
Apple downgrade sparks tech selloff, sending Alphabet and Microsoft to one-year lows – cnbc
U.S. Pension Rebalancing Could Boost Bonds, International Stocks, Banks Say – Reuters
ECB Policymakers See No Need to Aid Italy With New Scheme: Sources – Reuters
Investors Switch Into Porsche AG From Volkswagen on Debut Day – Reuters
CarMax’s Huge Earnings Miss Sends Warning Signal on US Consumer – bbg

Nike earnings top estimates as sales rise – cnbc
Micron Forecast Signals That Chip Industry Slump Is Deepening – bbg
Despite Horrific Guidance And Recession Warnings, Micron Rises Thanks To Aggressive Capex Cuts – Zerohedge
Stocks & Dollar tumble into month-end while German CPI ignites EZ inflation fears – Newsquawk US Market Wrap – Zerohedge
The Crash Just Won’t Stop But Today Something Changed – Zerohedge
S&P 500 closes at new 2022 low, as Apple helms broad market sell-off – cnbc
Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more – cnbc
CarMax’s Huge Earnings Miss Points to Trouble Ahead for New-Car Market – bbg
Explainer-How a Massive Options Trade by a JP Morgan Fund Can Move Markets – Reuters
Apple shares dip on rare Bank of America downgrade – cnbc
Apple Hit With Rare Downgrade as BofA Sees Dominance at Risk – bbg
Key Gauge of US Economic Activity Paints Picture of Weakness – bbg
German Inflation at Highest Level in Over 25 Years – Reuters
German Inflation Hits Double Digits for First Time in Euro Era – bbg
Another Wall Street Bank Bets on Pound-Dollar Parity By End of Year – bbg
Revised Q2 GDP Surprises With Unexpectedly Hot Personal Consumption, Core PCE – zerohedge
Powell’s Plan Is Not Working – Initial Jobless Claims Plunge To 5-Month Lows – Zerohedge

Stocks Slide, Ugly Mood Returns As Traders Ask ‘Did Anything Change’ – Zerohedge
Inflation has yet to peak, CFOs say, and recession is already here or soon to hit – CNBC
Next Euro-Zone Hike in Focus as ‘Big’ Move Backed: ECB Update – bbg
Aluminum Surges Most On Record As LME Considers Russia Ban – Zerohedge
Almost Half of Porsche IPO Bids Miss Out on High Demand – bbg
British Retail Facing ‘Mortgage Time Bomb,’ Deutsche Bank Warns – bbg
Next Blowup Shows The Sheer Pain In UK Backdrop – Zerohedge
Germany Agrees 200 Billion Euro Package to Shield Against Surging Energy Prices – Reuters
German Economy Seen Shrinking Next Year Due to Energy Crisis – bbg
Global Market Risk Is Building Like in August 2007, Summers Says – bbg
Volkswagen Faces Israeli Emissions Class Action Suit After Court Ruling – Reuters
The Long, Winding Road to Volkswagen’s Porsche IPO – Reuters
Porsche Vows 911 Will Keep Its Roaring Engine as Long as Possible – bbg
Porsche Set for Bold Trading Debut After Pricing at Top End – bbg
OPEC+ Discusses Cutting Oil Output at Next Week’s Meeting – bbg
Euro-Area Economic Confidence at Lowest Since 2020 Amid Gas Woes – bbg
European stocks set to rebound after Bank of England placates markets – cnbc
Germany’s Most Populous State Sees Biggest Inflation Jump in Decades – bbg
China Has $340 Billion of Sovereign Bonds to Sell by Year End – bbg
Things Keep Getting Worse for Hong Kong’s Embattled Stock Market – bbg
Hang Seng Tech Index Sinks, Set for Lowest Since 2020 Inception – bbg
Asia-Pacific markets rise after Wall Street rebounds overnight – cnbc
Indonesia to Cut Dollar Reliance With Rupiah Near Two-Year Low – bbg
China Stock Traders Look to Golden Week for Market Turnaround – bbg
Taiwan Central Bank Governor Says He Won’t Impose FX Controls – bbg
Foreign Exodus From Japan Assets Signals Demand for Liquidity – bbg
Chinese EV Maker Leapmotor Tumbles in Hong Kong Trading Debut – bbg
Two large Hong Kong IPOs drop in trading debut: China EV maker Leapmotor plunges, Onewo shares dip – cnbc
UK Car Manufacturers Hit by 50% Surge in Energy Costs – bbg
Bond Portfolios In Var Shock Get BOE Help, But There’s Plenty More Action To Come – Zerohedge
Pension fund panic led to Bank of England’s emergency intervention: Here’s what you need to know – cnbc
‘I’d never seen anything like it’: how market turmoil sparked a pension fund selloff – guardian

 


Wednesday 09/28

Business Live – guardian
Explainer-Why Are Britain’s Pension Schemes Dumping Gilts? – Reuters
Marketmind: Gimme Shelter – Reuters
Volkswagen Sets Porsche Price at Top End in Bold Listing Move – bbg
Marketmind: U-Turn Sparks Huge Turn – Reuters

Bonds, Stocks, Bitcoin, & Bullion Soar After Brits ‘Save The World’ – Zerohedge
Stocks rebound from 2022 low, Dow closes up more than 500 points and snaps six-day losing streak – cnbc
Druckenmiller: “We Are In Deep Trouble… I Don’t Rule Out Something Really Bad” – Zerohedge
Fed’s Evans: Market Volatility Can Create Restrictiveness – Reuters
Calling The UK An Emerging-Market Is No Longer A Joke – Zerohedge
After 14 Years, Lehman Brothers’ Brokerage Ends Liquidation – Reuters
Gilt Market Chaos Was Made in UK But Has Lessons for Everyone – bbg
One Of The Market’s Most Important ‘Stress’ Indicators Is Flashing Red – Zerohedge
Thousands of Czechs Take to Streets Over Rising Costs – bbg
Corporate Profit Growth Will Slow, Says The Fed – Zerohedge
Stocks making the biggest moves midday: Apple, Netflix, Biogen, Canopy Growth and more – cnbc
BOE Actions Prompted by Concern That Cash Calls Today Would Trigger Gilt Crash – bbg
Analysis-Russia’s Ukraine Gas Transit Sanction Threat a Fresh Blow for Europe – Reuters
An Italian Debt Crisis Could Erupt at Any Moment, Bloomberg Economics Says – bbg
Futures Fall as Apple Drops Production Increase, Falling Yields Limit Losses – Reuters
Germany Adds €22.5 Billion to Debt Sales to Fund Energy Aid – bbg
Explainer-Why Is Bank of England Acting Again? What Next in the UK Crisis? – Reuters
BOE Response Highlights ‘Impossible Trinity’ of Liquidity Issues – bbg
The Other Reason The BOE Panicked: 26% Of All UK Mortgages Are Variable Rate And Set For Imminent Repricing – Zerohedge
The UK Pension Problem That Threatened to Wreck the Gilt Market – bbg
30-Year US Mortgage Rises Above 7% For The First Time Since 2000; Fastest Surge In History – Zerohedge
Stocks making the biggest moves premarket: Biogen, Thor Industries, Lyft and more – cnbc
Citi Says European Stock Outflows Are at Euro Zone Crisis Levels – bbg
NFT Trading Volumes Collapse 97% From January Peak – bbg
Pound Drops More Than 1% as Bank of England Steps Into Bond Market – Reuters
UK Bonds Surge as BOE Says It Will Purchase Gilts, Delay Sales – bbg
Bank of England Intervenes in UK Bond Market to Stem Rout – Reuters
Bank of England intervenes in bond market after historic sell-off – cnbc
Plunging Markets Trigger New Intervention Warnings Across Asia – bbg
Biogen, Eisai Stocks Soar on Landmark Alzheimer’s Data, Lift Rivals – Reuters
European Gas Jumps as Energy Conflict With Russia Escalates – bbg
Porsche’s Blockbuster IPO Is No ‘Gamechanger’ for Europe’s Battered Markets – Reuters
UK Corporate Borrowing Costs Soar as Mini-Budget Fallout Spreads – Reuters
Column-Sterling Needs the Kindness of Reserve Managers :Mike Dolan – Reuters
EBRD Trims Growth Outlook, Warns of More Inflation Pain to Come – Reuters
Yuan at Record Low Fuels Speculation Monetary Easing Will Slow – bbg
Offshore Yuan Falls to All-Time Low on Hawkish Fed Rhetoric – bbg
Taiwan Spent $8.25 Billion to Hold Back Currency Depreciation in H1 – Reuters
China Property Shares, Bonds Slump as CIFI Default Report Adds to Sector Woes – Reuters
Turkish State Banks Set to Exit Russia’s Mir on US Warning – bbg
IMF Says UK’s ‘Untargeted’ Fiscal Measures Will Likely Boost Inequality – bbg
Moody’s Warns Large Unfunded UK Tax Cuts Threaten Credit Rating – bbg

 

 

 

Tuesday 09/27

Business Live – guardian

Moody’s on the UK, says large, unfunded tax cuts a credit negative – forexlive
Bond rout continues but stock sales lose momentum – Newsquawk US Market Wrap
1932, 1974, 2008… And Today: Stocks Enter Meltdown “Crash Pattern” – Zerohedge
S&P 500 ends Tuesday down after notching a fresh bear market low, Dow slips more than 100 points – cnbc
Nickel Spreads Collapse as Banks Face Soaring Financing Costs – bbg
Gruesome, Tailing 2Y Auction Sends Yields To Session High, 10Y At 3.99% – Zerohedge
Stocks making the biggest moves midday: Hertz, Ford, Keurig Dr Pepper and more – cnbc
“This Is A Global Metacrisis”: Markets Risk Replaying 1987, 1994, 1997, 2000, 2008, The Arab Spring, 2012, 2015, And 2020 All At The Same Time – Zerohedge
Pound Prone to Fall Further to Plug the Hole of UK’s International Debt – bbg
Wells Fargo Expects Steeper U.S. Rate Hikes to Quell Rampant Inflation – Reuters
Goldman Slashes Oil Price Forecasts But Says It Remains Bullish – bbg
Factbox-Nord Stream’s Role in Russia’s Gas Supply to Europe – Reuters
Oil Surges After Russia Proposes 1 Million Barrel OPEC+ Output Cut – Zerohedge
Deutsche Bank’s Chief Economist Sees ‘Painful’ UK Recession – bbg
UK Tax Cuts Raise Stakes for Debt Sustainability, Scope Credit Rating Agency Warns – Reuters
America’s Richest Tech Billionaires Have Lost $315 Billion In The Past Year – FORBES
The Housing Bubble Has Officially Burst : Case-Shiller Records First Drop In Home Prices Since 2012 – Zerohedge
Home-Price Deceleration Is Fastest on Record as US Market Cools – bbg
Gundlach Starts Buying as 10-Year US Yields Set for Record Spike – bbg
Durable Goods Drop Most Since February On Transportation Weakness, Offset By Strong Core CapEx – Zerohedge
Futures Jump, Yields And Dollar Slide After Gundlach Says He’s A “Buyer” Of Treasuries – Zerohedge
Stocks making the biggest moves premarket: Keurig Dr Pepper, CSX, Li Auto and more – cnbc
FACTBOX – How Germany’s Industrial Giants Are Preparing for Winter – Reuters
Bond Vigilantes Are Back, Says Economist Who Coined the Term – bbg
Embattled Emerging Markets Face Fresh Pain From U.S. Rate Hikes – Reuters
Bond Market Selloff Shows No Signs of Abating With UK Losing 27% – bbg
Hungary Ends Massive Rate Hikes With One Last 125 Bps Step – Reuters
Goldman Sachs Says Go Underweight Equities as Real Yields Rise – bbg
European Gas Prices Rise Amid Outages at Idled Russian Pipelines – bbg
Energy Crunch Will Hurt Like 2009 Crash If Europe Gets It Wrong – bbg
European markets head for higher open after choppy start to the week – cnbc
Asia-Pacific markets mixed following negative start to the week – cnbc
China’s Economic Recovery Faces Fresh Risks From Global Slowdown – bbg
China Industrial Profits Slump Further as Producer Prices Slow – bbg
World Bank Lowers Growth Forecasts for East Asia and Pacific – bbg
Battling Market Forces, BOJ Conducts Special Operation to Curb Rising Yields – Reuters
Japan’s 20-Year Yield Rises Above 1% for First Time Since 2015 – bbg
China Seeks to Steady Markets Ahead of Communist Party Congress – Sources – Reuters

 

 

 

Monday 09/26

Business Live – guardian
Pound tanking, massive tax cuts and talk of emergency hikes. Here’s what’s going on in the UK – CNBC
British pound hits record low against the U.S. dollar – yahoofinance
The pound’s crash will make inflation worse and push interest rates higher – cnn

‘Black’ Monday 2.0 – Zerohedge
S&P 500 notches new closing low for 2022, Dow falls into bear market as dollar surges – cnbc
Wall Street Strategists Hunt for Good Omens on US Stock Slide – bbg
Down $29 Trillion Since November – Zerohedge
Stocks making the biggest moves midday: Wynn Resorts, Planet Fitness, AMC, Lyft and more – cnbc
Nomura Hikes Fed ‘Terminal Rate’ Forecast, Warns “Everything Else Is An Emerging Market” – Zerohedge
Buy US Treasuries to Prepare for 2023 Downturn, Citi Strategist Says – bbg
Pound Tumbles After BoE Issues Brief, Toothless Statement Over FX Turmoil – Zerohedge
Why Morgan Stanley Is Finding Shelter In IG Credit – Zerohedge
Walmart enters the metaverse with Roblox experiences aimed at younger shoppers – cnbc
“We’re Living In Alice In Wonderland” – Dallas Fed Survey Slumps Amid “Irresponsibility Of Biden Admin” – Zerohedge
Morgan Stanley Says Dollar Surge Tends to End in Crisis – bbg
BOE’s QE Portfolio Is £200 Billion in the Red After UK Rout – bbg
Key Events This Week: PCE, Durables And A Barrage Of Fed Speakers – Zerohedge
Stocks making the biggest moves premarket: Planet Fitness, PG&E, Las Vegas Sands and more – cnbc
“Global Gloom”: World Markets Plunge To Start The Week As Global Currency Crash Hits Max Pain And Beyond – Zerohedge
Chicago Fed National Activity Index Unchanged in August – Reuters
World Economy Jolted by War With Recessions Now Seen Looming – bbg
Energy, inflation crises risk pushing big economies into recession: OECD – cnbc
Lagarde Says ECB Will Debate QT Once It Has Normalized Rates – bbg
ECB’s Lagarde: Weak euro has added to build up of inflationary pressures – forexlive
Porsche IPO Likely to Be Priced at Top End of Range, Terms Show – bbg
Porsche IPO Poised to Price at Top End of Range – Bookrunners – Reuters
Euro Zone Yields at Multi-Year Highs, Italian Bonds Underperform – Reuters
The dollar that Washington doesn’t yet want to weaken – ft
Europe Firms That Refinance Bonds Face Highest Costs on Record – bbg
Germany: September Ifo sends more recessionary signals – ing
German Economy Facing Recession, Ifo Surveys Head Says – Reuters
German Business Confidence Slides Further on Energy Concerns – bbg
London Aluminium Hits 18-Month Low on Demand Concerns – Reuters
Italy’s Right-Wing Bloc Wins Election: Five Questions for Markets – Reuters
Market Reaction to Italy Election – Reuters
European markets head for mixed open; sterling slumps against the dollar – cnbc
Europe’s First Cold Snap Begins This Week Amid Worsening Energy Crisis – Zerohedge
Factbox-Pounded: A History of UK Currency Crises and Crashes – Reuters
Blain: The UK’s Monumental Policy Mistake – How Bad Will It Get? – Zerohedge
Trader Who Made Billions in 2008 Buys Pound Near All-time Low – bbg
Sterling falls to record low against the dollar – ft
Sterling hits record low against the dollar, as Asia-Pacific currencies also weaken – cnbc
Korea’s Kospi tumbles 3%; Asia-Pacific markets drop as negative sentiment remains – cnbc
India central bank likely sells dollars as rupee hits fresh record low – Reuters
Taiwan Dollar Depreciates to Weakest Level Since January 2017 – bbg
Factbox: Companies potentially affected by Italy’s election – Reuters