TOP MARKETS NEWS: Week 09/17 – 09/23

Weekend 09/22 & 09/23

Bank Of America Calls It: “The Peak In Home Sales Has Been Reached; Housing No Longer A Tailwind” – Zerohedge
Goldman Warns Of A Default Wave As $1.3 Trillion In Debt Is Set To Mature – Zerohedge
A Path To War? China Cancels US Trade Talks As ‘Skirmish’ Escalates – Zerohedge
Evidence The Housing Bubble Is Bursting?: “Home Sellers Slashing Prices At Fastest Rate In Over Eight Years”  – Zerohedge



Friday 09/21

 Global markets shrug off trade war fears – business live – guardian

The trade war reaches Procter & Gamble — and into the medicine cabinet – cnn
US Services Economy Collapses To 18-Mo Lows As Manufacturing Rebounds, Storms Blamed – Zerohedge
Euphoria Grips Markets As Traders Brace For Quad Witching, Huge Index Rebalance – Zerohedge
Fitch Ratings: World growth cut on US-China Trade battle – forexlive
May Dashes Hope for Brexit Deal, GBP Crashes – bk

Stagnant exports subdue Eurozone growth in September – markit

German Expansion Slows With Manufacturing Growth at Two-Year Low – Bloomberg
Danske Bank Scandal Could Cost Denmark Its ‘AAA’ Rating – Zerohedge
“Rush Game With The Tariff”: The Race Is On To Get Chinese Goods Into U.S. – Zerohedge
BOJ Unexpectedly “Stealth Tapers”, Sparking Japanese Bond Selloff – Zerohedge



Thursday 09/20

China vows not to launch currency war against ‘insincere’ US over tariffs – business live – guardian
Nestle’s plans; Jack Ma’s warning; Brexit tension – cnn

Micron stock swings to a loss after disappointing earnings forecast – Marketwatch
Chinese firms start to cut jobs and move overseas as US trade war and rising costs start to bite – scmp
Destroying America: CBO Projects US National Debt Will Hit 99 Trillion Dollars By 2048 – Zerohedge
oldman Sachs: The Fed can and will hike rates above 3.00% – forexlive
Chinese tech stocks were meant to take on FANGs – but $168 billion has been wiped off their value – cnbc

The Dollar Is Dumping As Bond Rout Spreads – Zerohedge
Trump says OPEC ‘monopoly’ must get prices down – Reuters
Bank stocks just surged to a six-month high, but traders are split on the next move – cnbc

Norges Bank raises rates, but signals a more cautious stance – ING – fxstreet
Argentine GDP in steepest fall since 2014 – BBC
Trump’s latest tariffs are about to hit Americans where it really hurts – businessinsider
Analysts warn of fallout from escalation of US-China trade war – ft



Wednesday 09/19

Bank of Japan vows to keep rates very low for an ‘extended period’ – Marketwatch
Japan’s trade deficit almost doubles in August – Marketwatch

US-China trade war is a win-win for Washington (at least in Trump’s eyes) – scmp
The ‘Great Bull’ market is ‘dead,’ and here’s what’s next, Bank of America predicts – cnbc
DoubleLine’s Gundlach warns U.S. Treasury yields headed higher – Reuters
Tilray stock halted several times amid rollercoaster final hour of trading – Marketwatch
This bond-market recession signal says economy still has room to run – Marketwatch
Permits Plunge But Starts Surge As Housing Data Suggests Rough Future Ahead – Zerohedge
Transition Time: Volkswagen Announces “Electric For All” Campaign – Zerohedge



Tuesday 09/18

Trade war: Beijing vows to retaliate against Trump’s tariffs on $200bn of Chinese goods – business live – guardian
Trade war escalates; Markets calm; Google goes driving – cnn

JP Morgan cuts Facebook estimates, price target due to rising ‘safety and security’ spending – cnbc
Trade war with China may limit Fed’s interest-rate hike plans after September increase – Marketwatch
Fed officials are playing with fire if they deliberately invert the yield curve – Marketwatch
China says new tariffs on US goods worth $60 billion effective Sept. 24 – cnbc

Commerce Secretary Wilbur Ross: China is ‘out of bullets’ to retaliate against Trump’s new tariffs – cnbc

The risk of a UK recession is growing – ft

China says Trump forces its hand, will retaliate against new U.S. tariffs – Reuters

Asian shares slip as Sino-U.S. trade tensions intensify – Reuters
Trump to impose another $200 billion in tariffs on Chinese goods – Marketwatch


Monday 09/17

Markets hit by fears of fresh Trump tariffs on China – business live – guardian

Two top brokerages cut Micron target by 25% ahead of earnings, shares fall – cnbc
“As Good As It Gets?” – Empire Fed Tumbles To 5-Month Low As ‘Hope’ Fades – Zerohedge
The Eurozone Quarterly: A late-cycle economy? – ing
Twitter stock falls after MoffettNathanson lowers target to $21 – Marketwatch

Saudi sovereign wealth fund takes on rare $11 billion loan – Marketwatch
Goldman Says India’s World-Beating Stock-Market Run Is Over – bloombergquint
Coca-Cola is ‘closely watching’ the cannabis space — and is reportedly eyeing a deal with one of Canada’s biggest producers – businessinsider
Amazon should split into two companies to avoid antitrust scrutiny from Trump administration: Citi – cnbc
Key Events This Week: Economics Takes A Back Seat To Politics – Zerohedge
Over 28% of Japanese population officially old: government – dailymail

China’s Stocks Sink to Lowest Level Seen in $5 Trillion Crash – Bloomberg

Asian shares slugged by new U.S. tariff threat – Reuters
Trump Promised a Rush of Repatriated Cash, But Company Responses Are Modest – wsj
Can macro policy easing still rescue China? – ft