TOP MARKETS NEWS: Week 10/11 – 10/15

October 11, 2021
  

Weekend 10/16 & 10/17

Nordea weekly: Is permanent inflation now an alarming consensus? – nordea
US Coal “Roars Back” Under Biden Unlike Trump – Zerohedge
Ethereum’s Turn To Outshine Bitcoin Is Coming, UBS Says – Zerohedge
What are NFTs? Here’s what you need to know about non-fungible tokens – cnbc
Germany’s “Traffic Light” Coalition Agrees To 12-Page Policy Framework, Hopes To Form Government By Christmas – Zerohedge
China Coal Prices Soar To Record As Winter Freeze Spreads Across The Country – Zerohedge
Aluminum Shortages Next As “Magnesium Supply Dries Up” – Zerohedge
S&P 500 EARNINGS SEASON UPDATE: OCTOBER 15, 2021 – factset
Global Auto Names On Watch After Toyota Slashes November Production Estimate By (Another) 15% – Zerohedge
Flooding In West China Destroys Agricultural Production – Zerohedge
Week Ahead: US inflation has arrived – nordea
Bitcoin Nears $63k As ProShares Signals ETF Launch Imminent, Dorsey Plans Mining System – Zerohedge
COP-Out? World’s Largest Polluter Won’t Attend Climate Summit, Kerry Pessimistic On Progress – Zerohedge


Friday 10/15

Business Live – guardian

Stocks, Bonds, Crypto, & Copper Soar As Confidence Crashes Near Decade-Lows – Zerohedge
S&P 500 in Second-Weekly Win as Bulls Feast on Bullish Earnings, Data – investing
Dow jumps 380 points Friday, posts winning week after strong start to earnings season – cnbc
Moderna Slides After FDA Delays Youth Vaccine Decision Due To Heart Inflammation Issues – Zerohedge
Stocks making the biggest moves midday: J.B. Hunt, Charles Schwab, Virgin Galactic, 23andMe and more – cnbc
Futures Jump On Profit Optimism As Oil Tops $85; Bitcoin Nears $60,000 – Zerohedge
US (Nominal) Retail Sales Unexpectedly Surge In September – Zerohedge
Goldman Lost $820MM Trading Stocks In Q2 As It Quietly Liquidated Billions In Equities – Zerohedge
Empty Christmas Stockings? Don’t Blame COVID, Blame California – Zerohedge
Stocks making the biggest moves premarket: Moderna, Virgin Galactic, Truist and more – cnbc
Europe’s Energy Crisis Is A Warning Sign For America – Zerohedge
LME Zinc Hits 14-Year High As European Smelters Halve Output Amid Energy Crunch – Zerohedge
Global Ship Backlog Just Got Even Worse As New Supply Chain Nemesis Emerges – Zerohedge
UK Fuel & Household Energy Spending Soared 20% In The Past 2 Weeks: Lloyds Bank – Zerohedge
European stocks set for strong open as earnings power global markets higher – cnbc
Bitcoin nears $60,000 as investors eye first U.S. ETFs – Reuters
China coal prices hit record highs, early winter chill adds to energy woes – Reuters
China cbank rolls over maturing medium-term loans, keeps rate unchanged – Reuters
S.Korea central bank chief says raising interest rates possible in November – Reuters
Global Ship Backlog Just Got Even Worse As New Supply Chain Nemesis Emerges – Zerohedge

 

 

Thursday 10/14

Business Live – guardian
ForexLive Americas FX news wrap: Big day for risk trades – forexlive

Here’s how much 10 big banks have cut their China growth forecasts – cnbc
Stocks making the biggest moves after hours: Virgin Galactic, Alcoa & more – cnbc
“Market Is Unstable”: Bonds & Stocks Bid Ahead Of OpEx, CTAs MaxShort Cash/TSYs – Zerohedge
S&P 500 jumps the most since March, powered by better-than-expected earnings – cnbc
GitLab jumps 35% in its Nasdaq debut after code-sharing company priced IPO above expected range – cnbc
Stocks making the biggest moves midday: UnitedHealth, Bank of America, Caterpillar and more – cnbc
The Number Of Americans On Benefits Crashes To Less Than 4 Million, Down 25 Million From Year Ago – Zerohedge
Citigroup profit surges 48%, driven by strong trading revenue – cnbc
Wells Fargo profit jumps nearly 60% in the quarter, revenue tops expectations – cnbc
Oil Prices Rise After IEA Said Record Natural Gas Prices Will Boost Demand – NASDAQ
Wells Fargo Tumbles After Another Ugly Quarter: Loans Shrink Again As Home Lending Tumbles – Zerohedge
Morgan Stanley beats estimates on record investment banking and asset management results – cnbc
Producer Price Inflation Hits New Record High, Pricing Pressures Near ’70s Peak – Zerohedge
Bank of America Spikes On Blowout Q3 Report: Record Advisory Fees, NIM Beats, Solid Loan Growth – Zerohedge
Bank of America tops estimates on reserve release, strong advisory and asset management results – cnbc
UnitedHealth Posts Upbeat Q3 Results; Shares Gain – yahoofinance
Futures Surge As Banks Report Stellar Earnings; PPI On Deck – Zerohedge
Central banks’ digital currencies must not harm their monetary mission – and must complement cash, G7 finance leaders say – businessinsider
Europe’s stocks climb as markets digest U.S. inflation data, earnings; THG looks for rebound – cnbc
German economic institutes cut 2021 GDP forecast – Reuters
German economic institutes cut GDP growth forecast for the year – FOREXLIVE
European rival to PayPal and Square makes $317 million acquisition to expand in the U.S. – cnbc
Europe’s stocks head for higher open as markets digest U.S. inflation data, earnings – cnbc
Cold keeps China coal prices high, power crunch stokes factory inflation – Reuters
Stocks up, dollar squeezed as inflation pulls forward rate hike bets – Reuters
China developer shares slide as Evergrande concerns simmer – Reuters
China stocks end lower on factory gate inflation worries – Reuters
Beijing Is Trapped: China Producer Prices Surge At Fastest Pace In 26 Years – Zerohedge
China’s record factory gate inflation stokes policy dilemma – Reuters
Singapore surprises with monetary tightening as Q3 GDP grows 6.5% – asianikkei
Singapore’s central bank tightens policy in surprise move as economy grows 6.5% in third quarter – cnbc

 


Wednesday 10/13

Business Live – guardian
Wells Fargo gives bearish bond outlook, cites supply chain bottlenecks and inflation as key risks – cnbc

Goldman Picks Winners And Losers In Battle For $20 Billion COVID Antiviral Market – Zerohedge
S&P 500 snaps three-day losing streak as investors assess earnings, Fed’s next move – cnbc
FOMC Minutes Confirm Fed To Taper, $15BN Per Month, Several Preferred “More Rapid” Bond-Buying Cuts – Zerohedge
Fed says it could begin ‘gradual tapering process’ by mid-November – cnbc
Minutes of the Federal Open Market Committee September 21–22, 2021
When will soaring oil prices put a pinch on the stock market? Here’s what history says – Marketwatch
Putin says Russia is not using gas as a weapon, claims U.S. added to energy crisis – cnbc
Stocks making the biggest moves midday: BlackRock, Vimeo, Delta Air Lines, Moderna and more – cnbc
Market Sees 90% Chance Of Rate-Hike By Sept 2022, Long-Bond Screams ‘Policy Error’ – Zerohedge
Stocks making the biggest moves premarket: JPMorgan Chase, BlackRock, Delta Air and others – cnbc
Sticky US inflation increases pressure on the Fed – ing
Inflation Anxiety? Bonds & Bullion Soar After CPI – Zerohedge
Consumer prices rise more than expected as energy costs surge – cnbc
Futures Reverse Losses Ahead Of Key CPI Report – Zerohedge
Delta Slides After CEO Unexpectedly Warns Of Rising Fuel Costs – Zerohedge
UK gas shipping company to stop delivering to retail suppliers – ft
U.K. Energy Crisis Ramps Up as Two More Suppliers Collapse – Bloomberg
Delta Air Lines posts profit thanks to stronger travel demand, but rising fuel prices will squeeze 4Q bottom line – cnbc
JPM Beats Thanks To Reserve Release, Surge In Advisory Revenues As FICC Slides, Consumer Loans Shrink – Zerohedge
JPMorgan exceeds profit expectations on $1.5 billion boost from better-than-expected loan losses – cnbc
European stocks extend losses, SAP shines after forecast lift – Reuters
European markets pull back slightly amid jitters over growth, inflation – cnbc
GLOBAL MARKETS-Asian shares edgy amid inflation fears, but China trade data offers some relief – Reuters
China’s Power Problems Expose a Strategic Weakness – NYT
EMERGING MARKETS-Asian equities, FX gain as focus turns to U.S. inflation data – Reuters
Beijing Liberalizes Coal-Fired Power Prices To Combat Energy Crunch – zerohedge
China coal prices hit record high as floods add to supply woes – Reuters
China trade surplus with the U.S. rises to monthly record in September – cnbc

 

Tuesday 10/12

Business Live – guardian
Evergrande misses 3rd round of bond coupon payments, intensifying contagion fears – Reuters

Corn, Soybean Futures Dip After WASDE Forecasts Bigger Reserves – zerohedge
Third Quarter Earnings Season Begins Tomorrow: It Could Be Ugly – zerohedge
Apple Tumbles After iPhone Production Goal Slashed On Chip Shortage – zerohedge
Stocks Stink As Curve Pancakes On Stagflation Fears – zerohedge
Dow falls for third straight day as investors await inflation data, bank earnings – cnbc
Coinbase Plans To Launch NFT Marketplace By End Of Year – zerohedge
Futures Rebound From Overnight Slide As Oil Keeps Rising – zerohedge
Memory-Chip Price “Correction” Underway, World’s Forth-Largest DRAM-Maker Warns – zerohedge
A Record Number Of Americans Just Quit Their Jobs Despite Job Openings Plunging The Most Since April 2020 – zerohedge
IMF cuts its global growth forecast, citing supply disruptions and the pandemic – cnbc
IMF Issues Global Stagflation Alert: Cuts Global GDP As It Warns Of Rising Inflation And “Dangerous Divergence” – zerohedge
European markets are set to open sharply lower as global sentiment worsens – cnbc
Tesla Sold A Record 56,006 China-Made Vehicles In September – zerohedge
Asia shares fall as global energy crunch fuels inflation worries – Reuters
“It’s A Disastrous Day” – All Hell Breaks Loose In China’s Bond Markets – zerohedge
China isn’t the only huge Asian economy with a coal shortage now – cnbc

 

 

Monday 10/11

Business Live – guardian
“It’s A Disastrous Day” – All Hell Breaks Loose In China’s Bond Markets – zerohedge

Stocks Pump’n’Dump, Bitcoin Jumps With Bonds Away For Columbus Day – zerohedge
Dow sheds 250 points, S&P 500 slides to start the week – cnbc
China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt – Zerohedge
Nobel economics prize awarded to 3 U.S.-based economists – cnbc
Bank Of England Hints At Rate Hike As Soon As Next Meeting – Zerohedge
Wall Street Is Done With Covid: Pandemic No Longer Among Top 3 Risks For Market – Zerohedge
Small-cap stocks can give the market the “firepower” needed to finish the year strong, Oppenheimer analyst says – cnbc
Futures Slide As Soaring Oil Nears $85 – Zerohedge
USDJPY nears 3-year high, partly thanks to high energy prices – fxpro
What is Cop26 and why does it matter? The complete guide – guardian
Chinese developer Sinic likely to default on $250 mln worth of bonds – Reuters
Vietnam’s factories lurch into crisis from worker exodus with holiday shopping on the line – SCMP
Key Events This Week: An “Extremely Important” CPI Print, Retail Sales And Q3 Earnings – Zerohedge
Stocks making the biggest moves in the premarket: Southwest Airlines, Robinhood, SoFi Technologies and more – CNBC
U.S. earnings seen strong, but supply chains and costs worry investors – Reuters
Hong Kong jumps 2% as Meituan shares surge; Singapore’s travel-related stocks soar – cnbc

 

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