TOP MARKETS NEWS: Week 10/17 – 10/23

October 17, 2022
  

Weekend 10/22 & 10/23

Top 5 Things to Watch in Markets in the Week Ahead – investing
Your Sunday UK Briefing: Sunak Declares as Johnson Seeks Support – bbg

Your Sunday Briefing: From the Economy to Big Tech Earnings – bbg
Morgan Stanley Warns Banks Facing “Capital Crunch With Liquidity Squeeze On Top” – Zerohedge
UK Can’t Shake Pound Negativity After Weeks of Political Chaos – bbg
More than two million UK households are in debt on their electricity bills – guardian
Japan made intervention of at least $30bn to prop up yen – ft
Bruised Emerging Markets Find Lone Bull Case in Volatile Brazil – bbg
Xi’s Electric – Reuters
South Korea will buy $11 billion worth of corporate bonds – time
South Korea Expands Corporate Bond-Buying Program Amid Credit Crunch Concern – Reuters
Your Sunday Asia Briefing: Meet the New Boss – bbg
After $13 Trillion Stock Crash, Traders Are Ready to Fight Back – bbg
Plunging Markets Defy Government Intervention in Taiwan, Korea – bbg
LDI Chaos Likely to Hurt Private Equity and Property Allocations – bbg
S.Korea to Expand Corporate-Bond Buying Program – Finance Minister – Reuters
South Korea’s Top Policymakers to Discuss Credit Market Strains – bbg
Russian Oil Logistics in Chaos With Weeks Until Sanctions Bite – bbg
Nasdaq Halts IPOs of Small Chinese Companies as It Probes Stock Rallies – Reuters
German industry warns of production stops – zeit
Europe’s Energy Crisis May Not End Until 2024 – Zerohedge
ECB to Cross 2008 Rubicon With Hike Defying Slump Risk: Eco Week – bbg
Bond Market Sees No End to Worst Turbulence Since Credit Crash – bbg
Your Saturday UK Briefing: Sharp Elbows and Skulduggery – bbg
Your Saturday Briefing: Shifting Gears – bbg
Japan Intervened, Buying Yen in Foreign Exchange Market Friday -Sources – Reuters
Charting the Global Economy: UK Recession Awaits Truss Successor – bbg
Prepare For China To Invade Taiwan This Year: Top Navy Official – Zerohedge
Megacap Earnings to Test Fledgling U.S. Stock Rebound – Reuters
Bitcoin’s Changing Correlations May Mean It’s Becoming a Haven Again, BofA Says – bbg
The World’s Oil Buyers Are Being Crushed by a Surging Dollar – bbg
This Chinese Province Has More EV Chargers Than All of the US – bbg
Chinese Bonds Bounce Back in Favor as UK Fund Giants Look to Buy – bbg
Everything Flows: Nowhere to Run to; Nowhere to Hide – lipperalpha


Friday 10/21

Business Live – guardian
Instant View: Dollar Falls Against Yen, Markets Suspect Intervention – Reuters
U.S. Yields Slide From Multi-Year Highs on Hopes of Fed Pivot – Reuters

Moody’s Cuts UK Outlook to ‘Negative’ Over Political Turmoil – Reuters
UK Credit-Score Outlook Revised to Negative by Moody’s on Political Drama – bbg
Fed pivot signal and Yen intervention lifts risk and hits Dollar – Newsquawk US Market Wrap – Zerohedge
FedSpeak & Yentervention Spark Buying Panic In Bonds, Stocks, & Gold – Zerohedge
Dow climbs more than 700 points on Friday as Wall Street clinches its best week since June – cnbc
Stock Manager Paranoia Is Only Thing the Market Has Going for It – bbg
Pfizer Plans To Hike Price Of US COVID-19 Vaccine By 400% – Zerohedge
Fed’s Rate Debate Shifts to How, and When, to Slow Down – Reuters
Stocks Spike After WSJ ‘Fed Whisperer’ Hints At Pause/Pivot – Zerohedge
Gold Approaches Two-Year Low on Strong Dollar, ETF Outflows – bbg
BoJ Is In Da House… – Zerohedge
Yen Intervention Sparks Speculation Over Japan’s Funding Moves – bbg
Stocks making the biggest moves midday: Snap, American Express, Verizon, Twitter and more – cnbc
US Eyes Russia Oil Price Cap Above $60 to Keep Supply Flowing – bbg
Homebuilder Stock Woes Deepen as Rates Hurt Affordability – bbg
Fed’s Rate Debate Shifts to How, and When, to Slow Down – Reuters
Exxon Shares Hit Record High as Energy Sector Outperforms – bbg
Yen Surges More Than 1.8% Against Dollar, Reversing Earlier Drop – bbg
Treasury Yields Jolted From Highs on Prospect of Fed Let-Up – bbg
Yellen Says Chips, Research Investments Will Boost U.S. Economic Capacity – Reuters
US Budget Gap Plunges to $1.38 Trillion as Pandemic Aid Unwinds – bbg
Hospital Stocks Slammed After Tenet, HCA Earnings Disappoint – bbg
Fed’s Daly Says It’s Time to Start Talking About Slowing Rate Hikes – Reuters
Fed’s Daly Repeats Rates on Track to Rise to 4.5% to 5% in 2023 – bbg
Fed’s Williams Says Still Difficult to Find Workers in U.S. Economy – Reuters
Euro-Area Consumer Confidence Near Record Low as Recession Looms – bbg
Hedge Funds Suffer Further Outflows in Q3, Stockpickers Lead Way – Reuters
Summers Warns on Deficit ‘Doom Loop’ Risk, Oil Price Spike – bbg
Marketmind: Tbond Tension Snaps Sentiment – Reuters

US PREMARKET
Futures Slide As Global Yields Soar, Pushing Bond Markets To Edge Of Breaking – Zerohedge
Stocks making the biggest moves premarket: American Express, Verizon, Snap and others – cnbc
UK Bonds at Heart of Market Turmoil Set for Best Week on Record – bbg
Verizon Stumbles on Subscriber Growth Despite Sales, Profit Beat – bbg
China’s ‘Hostile Behavior’ Prompts EU to Explore Strategy Shift – bbg
Yuan Falls to Lowest Since 2008 Global Crisis, Despite State Bank Support – Reuters
German 10-Year Yield Climbs Above 2.5% for First Time Since 2011 – bbg
BofA Says Investor Capitulation Yet to Show Up in Equity Flows – bbg
AmEx Swipes Down as Loan-Loss Provisions Eclipse Upbeat Profit View – Reuters
Schlumberger Beats Profit Estimates as International Drilling Ramps Up – bbg
The Fed Is Playing a ‘Dangerous Game’ – bbg
Copper Faces Long-Term Shortage as Demand Outruns Supply – bbg
Fertilizer Giant Yara Slashes European Output As Energy Crisis Worsens – Zerohedge
European Shares Drop as Inflation, Slowdown Fears Grip Markets – Reuters
Column-Sterling May Decide if BoE Can Talk Markets off a Cliff : Mike Dolan – Reuters
Analysis-Energy Crisis Tests Resilience of Italian Businesses – Reuters
UK Taxpayers Take First Ever Loss From BOE QE Holdings – bbg
Column-Sterling May Decide if BoE Can Talk Markets off a Cliff : Mike Dolan – Reuters
Goldman Strategists Warn Credit Is Downplaying Recession Risk – bbg
Pound to Keep Falling Whatever the Outcome of UK Leadership Race – bbg
Treasuries Tumble Into Longest Slump Since 1984 on Hawkish Fed – bbg
Musk Says Recession Could Last Until 2024 – Reuters
Renault Says Revenue Climbed, Supply-Chain Woes Remain – bbg
European markets lower as UK political chaos continues – cnbc
Europe Racks Up $700 Billion Energy Tab as Fiscal Battle Rages – bbg

Marketmind: Tbond Tension Snaps Sentiment – Reuters
Marketmind: It’s Still the Economy, Stupid – Reuters

 

ASIA NEWS
Asia markets mostly lower as fears of rising rates persist; yen at 150-levels – cnbc
One Chinese Chip Startup Shows Key Gap in Biden Export Curbs – bbg
China Property Stocks Rise After Easing of Share Financing Rules – Reuters
Hong Kong Inflation Hits Highest Since 2015 as Economy Reopens – bbg
China Market Revival Hopes in Tatters as Congress Disappoints – bbg
Japan Inflation Hits 3% for First Time Since 1991 Excluding Tax Hike Impacts – bbg
China Locks Down Parts of Xi’an as Covid Zero Policy Reinforced – bbg
More Chinese Private Developers Default on Debt – caixinglobal

Asian Stocks Set for Cautious Open as Yields Climb: Markets Wrap – bbg

 

 

Thursday 10/20

Business Live – guardian
Fed Swaps Price In 5% Peak for Policy Rate in First Half of 2023 – bbg

Stocks making the biggest moves after hours: Snap, CSX, Whirlpool and more – cnbc
Stocks close lower for second day as Treasury yields continue march to new highs – cnbc
Inflation has people living paycheck to paycheck. Here’s how some banks are responding – cnn
Vanguard Is Preparing Its Debt Funds for a Recession in 2023 – bbg
Fed’s Quantitative Tightening Could End in Mid-2023, Says UBS – Reuters
Fed May Have to Slow or Stop Balance Sheet Trimming in 2023, Barclays Says – Reuters
Stocks making the biggest moves midday: Allstate, AT&T, IBM, Tesla and more – cnbc
Adidas Issues Fresh Profit Warning as China Weighs on Sales – bbg
Hedge Funds See $26 Billion in Net Outflows in Q3 – HFR – Reuters
Adidas Cuts 2022 Outlook on Weaker Demand, Russian Exit – Reuters
Tesla shares slide after Q3 revenue miss, Bernstein says earnings call ‘didn’t sit well with us’ – cnbc
Tesla Shares Skid After Musk Flags Recession in China, Europe – Reuters
L’Oreal Sales Beat Estimates Amid Strong Demand for Cosmetics – bbg
L’Oreal Posts Brisk Sales Rise Despite Disruptions in China – Reuters
Elon Musk Says Tesla Will Be Bigger Than Apple. Analysts Say Not So Fast – bbg
US Mortgage Rates Tick Up to 6.94%, Highest Since April 2002 – bbg
Larry Summers Says Terminal Rate Above 5% Is ‘Kind of Milestone’ – bbg
U.S. Existing Home Sales Slide Again in September; Jobless Claims Fall – Reuters

 

 

US PREMARKET – EUROPE
‘Markets Are Calling the Shots:’ UK Traders React to Truss Exit – bbg
Pound, Gilts Pare Gains After UK’s Truss Confirms Resignation – bbg
Liz Truss Will Be Britain’s Shortest-Ruling Prime Minister – bbg
Futures Green After Bouncing From Session Lows As Overnight Swings Turn Violent – Zerohedge
Oil at $90 Is Bad for China and Europe Growth, But Not US – bbg
Marketmind: Tesla and Truss, 5% and 150 – Reuters
A New Cold War Is Heating Up the Arctic – bbg
Freeport-McMoRan Shares Rally After Profit Beats Expectations – Reuters
Lithium ‘White Gold Rush’ in Nevada Could Desecrate Native Land – newsweek
Global Housing Market Pain Has Echoes of a Crash 30 Years Ago – bbg
American Airlines expects fourth-quarter profit thanks to strong travel demand – cnbc
AT&T Shows Inflation Resilience With Profit, Subscriber Beat – bbg
Factbox-Europe’s Alternatives if Russia Shuts off Gas Supply – Reuters
Canada Recession May Be ‘Necessary Evil’ as Central Bank Queues Big Hike – Reuters
Goldman Says Emerging Equities Ripe for More Earnings Downgrades – bbg
Hermes Plans Big Price Rises, Says No Sign of Slowdown – Reuters
Schroders’ Assets Shrink Amid Pensions Rout: The London Rush – bbg
Ericsson Will Change Pricing, Cut Costs After Profit Miss – bbg
Pernod Ricard 1Q Sales Top Estimates as Travel Returns – bbg
Nordea Profit Tops Forecast as Interest Income Gives Boost – Reuters
Nokia Confirms 2023 Outlook as Third-Quarter Sales Beat Estimate – bbg
Why UK shares will stay cheap – FT
Energy Crisis Debate Clips the Wings of Europe’s Fiscal Hawks – bbg
Key iPhone Supplier Warns Smartphone Demand Will Continue to Fall – bbg
Treasury Yields May Peak Before End of the Year, Gundlach Says – bbg
European markets head for negative open as economic uncertainty continues – cnbc
Wall Street Blames War, GOP for Making Climate Goals Harder to Meet – bbg

 

ASIA NEWS
Hong Kong’s Hang Seng index hits 13-year low; yen inches near 150 against U.S. dollar – cnbc
Tencent Hits Lowest Price in Five Years on China Economy Concern – bbg
Is it time to invest in China’s internet giants? Two strategists weigh in – CNBC
Offshore Chinese Yuan Slumps to Record Low as US Yields Surge – bbg
China is Debating a Reduction to Covid Quarantine For Inbound Travelers – bbg
China Holds Emergency Talks With Chip Firms After U.S. Curbs -BBG News – Reuters
Chinese Banks Maintain Benchmark Lending Rates as Yuan Slides – bbg
BOJ Conducts Emergency Bond Buying to Underpin Debt Market, but Yields Keep Rising – Reuters
BOJ Announces Unscheduled Bond Buying as Key Yield Broke Ceiling – bbg
Musk Says China Is in ‘Recession of Sorts’ Due to Property – bbg

Asian Stocks Under Pressure, Bond Yields Spike: Markets Wrap – bbg
Marketmind: Truss Drama Deepens – Reuters

 

Wednesday 10/19

Business Live – guardian

Marketmind: Reality Check – Reuters
Stocks making the biggest moves after hours: Tesla, IBM, Alcoa and more – cnbc
Alcoa Posts Surprise Loss as Aluminum Woes Deepen – bbg
IBM Sales Top Estimates Even as Currency Headwinds Roar – bbg
IBM Expects to Exceed Annual Revenue Target on Resilient Cloud Momentum – Reuters
IBM surpasses quarterly projections and lifts its full-year revenue forecast – cnbc
Tesla Misses Quarterly Revenue Estimates; Shares Down – Reuters
Tesla Delivery Pace Leads to Late-Quarter Transport Bottlenecks – bbg
Tesla Dumps 4% After Beating Earnings, Missing On Revenue And Margin – Zerohedge
Tesla comes in light on revenue, beats on earnings – cnbc
Stocks, Bonds, & Bitcoin Dump As Black Gold & The Buck Jump – Zerohedge
Stocks pare recent gains as global inflation lingers and yields rise – Newsquawk US Market Wrap
Stocks snap two-day winning streak as 10-year yield hits highest level since 2008 – cnbc
Biden Says Oil Companies Shouldn’t Buy Back Shares in Wartime – bbg
Fed Could Potentially Pause Rate Hikes Next Year, Kashkari Says – bbg
Crude Spikes As President Biden Blames OPEC, Big Oil (& Buybacks) For High Gas Prices – Zerohedge
Stocks making the biggest moves midday: Netflix, Intuitive Surgical, Generac, Winnebago and more – cnbc
Diesel Supply of Just 25 Days Poses Problem for Biden – bbg
UK Treasury To Bail-Out Bank Of England’s £11 Billion QE Losses – Zerohedge
UK Treasury to Transfer £11 Billion to BOE to Cover QE Losses – bbg
Apple chipmaker TSMC reportedly considers Japan expansion as China tensions continue – cnbc
Smells like recession: Fitch says an early ’90s-style slowdown is just around the corner – FORTUNE
Exclusive-U.S. Says Russia Oil Price Cap Will Not Be Aimed at OPEC – Reuters

 

US PREMARKET
Canada’s Inflation Beat Boosts Chances of 75 Bps Rate Hike – Reuters
Famed 60/40 Portfolio Is So Beaten Down It’s Almost Cheap Again – bbg
Biden Plans To Refill The SPR When Oil Prices Fall Below $72 – oilprice
US Housing Starts Plunge As Homebuilder Confidence Crashes – Zerohedge
US Housing Starts Decline as Mortgage Rates Weigh on Demand – bbg
Stocks making the biggest moves premarket: Procter & Gamble, Travelers, Nasdaq and more – cnbc
Futures Fumble 1% Gain, Turn Sharply Lower As Yields, Dollar Soar – Zerohedge
Marketmind: Earnings Vs Rates – Reuters
Procter & Gamble Beats Sales Estimates on Price Hikes – Reuters
P&G Sales Beat Estimates While Inflation Eats Into Profit – bbg
Elliott Takes Stake in Health-Care Firm Fresenius – bbg
Truss Says She’s ‘Completely Committed’ to UK Pensions Promise – bbg
Mortgage demand drops to a 25-year low, as interest rates climb – cnbc
Seller of Europe’s Biggest Corporate Green Bond Is Back for More – bbg
Europe Diesel Stockpiles Set to Tank When Russian Supply Cut Off – bbg
The eurozone flirts with double-digit inflation – ing
Euro Zone Sept Inflation Revised Down Slightly, Still at Record High – Reuters
Euro Zone Escapes Double-Digit Inflation by Whisker on Revision – bbg
UBS Sees UK Bond Surge as BOE Hikes Less on Austerity, Recession – bbg
UK Fund Managers Suffer Asset Declines on Shaky Markets – Reuters
Britain’s Banks Brace for Potential Government Raid on Profits -FT – Reuters
Inflation Tops 10%, Piling Pressure on Truss: The London Rush – bbg
UK Inflation Jumps More Than Expected to 40-Year High of 10.1% – bbg
Column-Markets Map Out the End of the Line :Mike Dolan – Reuters
Global Smartphone Demand Continues Fall as Economic Woes Hit – bbg
Brexit Cut Trade Between UK and EU by Close to 20%, ESRI Says – bbg
Analysis-As U.S. Stocks Rip Higher, Investors Hunt for Signs of Market Bottom – Reuters
Hedge Funds Are Betting UK’s Most Battered Assets Will Rebound – bbg
Banks are discovering that holding cash can be lucrative again – ft
Citi Says US Stocks Pricing Recession More Than Any Other Asset – bbg
ASML Reports Better Than Expected Q3 Sales, Strong Bookings – Reuters
Globally critical chip firm ASML jumps 6% after earnings; sees limited impact from U.S. China curbs – cnbc
Nestle Raises Full-Year Sales Guidance After Nine-Month Sales Beat – Reuters
Nestle Revenue Surges With Biggest Price Hikes in Decades – bbg
European markets head for higher open, looking to build on gains – cnbc
Marketmind: Back to Basics – Double-Digit UK Inflation – Reuters

ASIA NEWS
Asia-Pacific markets mixed, Hong Kong’s property stocks lose earlier gains after John Lee’s speech – cnbc
Asia Hedge Fund Losses Grow in Q3, Poised for Worst Year Since 2008 – Reuters
Nomura Joins Morgan Stanley in Calling Bottom for Asia Stocks – bbg
China Auto Market Faces Slowdown as Inventory Builds – CMBI – Reuters
China Property Shares Gain as More State-Backed Bond Sales Loom – bbg

Asia Set for Mixed Open After US Extends Rebound: Markets Wrap – bbg
Most Asian Shares Extend Rally, Markets Await UK Inflation Data – Reuters


Tuesday 10/18

Business Live – guardian
BoE set to further delay quantitative tightening until gilt markets calm – FT
BOE says earlier report on possible delay to QT is ‘inaccurate’ – FOREXLIVE

BOE to Start Gilt Sales Nov. 1, Focus on Short and Medium Debt – bbg
Fed Can’t Pause Rate Hikes With Core Inflation Accelerating, Kashkari Says – bbg
Stocks making the biggest moves after hours: Netflix, United Airlines, Adobe and more – cnbc
United Air jumps as quarterly profit forecast tops estimates – bbg
United Airlines expects another profit as travel demand continues to recover – cnbc
Netflix crushes expectations across the board, adds 2.41 million subscribers – cnbc
Dow closes up more than 300 points as strong earnings boost stocks in choppy market – cnbc
UK Braces for Sudden Return of Austerity as Hunt Demands Savings – bbg
Blinken: China’s plans to annex Taiwan moving on a ‘much faster timeline’ – thehill
Apple stock ticks down on report of cut to iPhone 14 Plus production – cnbc
Earnings Outlooks Are Key to Determining If Stocks Hit Bottom – bbg
Stocks making the biggest moves midday: Hasbro, Salesforce, Carnival, Lockheed Martin & more – cnbc
BOE to Start Gilt Sales Nov. 1, Focus on Short and Medium Debt – bbg
US Bonds, Stocks Are Suddenly Puking Into EU Close; “Correlation=1” Days Accelerating – Zerohedge
Europe’s LNG Import Deluge Spurs Spanish Oversupply Warning – bbg
Liz Truss may abandon pension triple lock and says ‘difficult decisions’ ahead – guardian
BT Pension Says LDI Turmoil Sent Asset Values Down £11 Billion – bbg
Third Point Takes Stake in Colgate-Palmolive, Urges Pet Food Spinoff – Reuters

US PREMARKET
U.S. Factory Output Solid in September; Builder Sentiment Slumps Further – Reuters
US Industrial Production Jumps In September As Capacity Utilization Hits 14 Year High – Zerohedge
Credit Suisse Reportedly Readying Capital Raise As Restructuring Announcement Looms – Zerohedge
Futures Soar Despite Latest UK Newsflow Rollercoaster Fiasco – Zerohedge
Lockheed Gains Most Since 2020 on Profit Beat, Buyback Plan – bbg
Currency Hit to N. American Companies Seen ‘Bad’ After Rough Q2 -Report – Reuters
Wild Currency Swings Take $34 Billion Bite From Company Profits – bbg
50 Basis Deposit/No Return – williamhgross
Goldman CEO Says Reasonable Chance of U.S. Recession in 2023 – Reuters
Goldman Sachs Unveils Revamp as Third-Quarter Profit Falls – bbg
Goldman Jumps As Traders Spark Q3 Revenue Beat But Total Earnings Plunge 45% As Investent Bank Slump Continues – Zerohedge
Goldman Sachs Unveils Revamp as Profit Shrinks – Reuters
Goldman shares rise after topping analysts’ expectations on strong bond-trading results – cnbc
ECB Set to Debate QT in October and Kick Off in March – bbg
Fitch Slashes U.S. Growth Forecast for 2022 and 2023 – CNN
BofA Says Exposure to UK Equities ‘Collapsed’ in Past Month – bbg
J&J Profit, Sales Beat While Currency Hit Weighs on Outlook – bbg
J&J Results Beat Estimates on Cancer Drug Strength – Reuters
Buy UK Domestic Stocks After Tax Cut U-Turn, Jefferies Says – bbg
Stocks Volatility Prompts JPMorgan, Morgan Stanley to Shift Tone – bbg
German Investor Outlook Stays Near 2008 Low on Energy Crisis – bbg
Europe at risk of ‘much worse’ energy crisis next year, warns Qatar – FT
First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says – cnn
BofA Survey ‘Screams’ Capitulation With Rally Set for Early 2023 – bbg
Investors Start to Expect ‘Policy Capitulation’ – BofA – Reuters
Energy ‘Pain Point’ Erodes European Phone Stocks’ Haven Appeal – bbg
European Car Sales Recovery Threatened by Economic Turmoil – bbg
European Shares Extend Gain With Technology in Lead – Reuters
European markets open higher after UK fiscal U-turns; EU energy announcement expected – cnbc
Roche Sales Decline More Than Expected as COVID Products Slide – Reuters
Roche CEO Cautious on Alzheimer’s Trial Despite Eisai’s Success – bbg
Bank of England Says Report of Decision to Delay Bond Sales Is Inaccurate – Reuters
BoE Set to Further Delay Quantitative Tightening Until Gilt Markets Calm -FT – Reuters
JPMorgan’s Kolanovic Trims Risk as He Turns More Wary on Economy – bbg
Biden Admin To Announce Another 15 Million Barrel SPR Release Before Midterms – Zerohedge
Green Hydrogen Seen Competing With LNG Within a Decade – bbg
Marketmind: Good Will Hunting – Reuters


ASIA NEWS
Australia’s stocks lead gains in Asia after Wall Street’s jump; yen hovers near 149-levels – cnbc
Goldman Says Sell S&P 500 Calls to Fund Bullish Options on China – bbg
China Builder Seazen Becomes First Repeat User of Debt Guarantee – bbg
Chinese Junk Bonds Set Record Low as Property Crisis Spreads – bbg
Chinese EV Giant BYD Flags Huge Jump in Quarterly Profit, Shares Surge – Reuters
Shares of BYD, the world’s largest electric vehicle maker, surge on bullish profit forecast – scmp
Xi warned about Taiwan interference — but don’t expect an imminent invasion, analysts say – cnbc

 


Monday 10/17

Business Live – guardian
Marketmind: in Hunt We Truss – Reuters
Europe Gas Drops to 3-Month Low as EU Plans More Crisis Measures – bbg
Wall Street Surges as Market Seeks Bottoming Signs – Reuters
Stock Market Needs an Elixir, and Earnings Come to the Rescue – bbg
Recession Warnings Are Hard to Find in Wall Street Bank Earnings – bbg
BofA’s Moynihan Says Signs of Consumer Weakness Aren’t Showing – bbg

Momentum Builds for Creation of a Treasury Bond Buyback Program – bbg
HIGHER PROVISIONS FOR LOAN LOSSES ARE LOWERING EARNINGS GROWTH FOR S&P 500 BANKS FOR Q3 – factset
Stocks Soar On Big Negative Delta Squeeze (Or Because “Our Economy Is Strong As Hell”?) – Zerohedge
Dollar slides amid risk rally after UK’s fiscal U-turn – Newsquawk US Market Wrap
Dow closes up 550 points, Nasdaq pops more than 3% as strong bank earnings boost volatile market – cnbc
Why smartphones deflated 22% while almost everything else is becoming more expensive – cnbc
Marketmind: What If… – Reuters
EU to Propose €40 Billion Fund to Mitigate Energy Price Fallout – bbg
Peter Schiff: Inflation Insanity Continues – Zerohedge
BlackRock’s Miller Sees More Stress in Leveraged Markets Post-UK – bbg
Government Bonds No Safe Haven in Central Bank-Driven Recession -BlackRock – Reuters
Credit Suisse Is Said to Begin Sale of US Asset Management Arm – bbg
Stocks making the biggest moves midday: Roblox, Continental Resources, Fox Corp and more – cnbc
Analysis-Bond Vigilantes Mean Business, Governments Better Beware – Reuters
After Greta’s Blessing, Germany Extends Life Of Three Remaining Nuclear Plants – Zerohedge
Germany to Extend Lifetime of All Three Nuclear Power Plants – bbg
Morgan Stanley: Trouble In The Kingdom Is Just Starting – Zerohedge
After U-Turn, Britain’s Economy Still Paying for Truss’s Growth Plan – Reuters
UK Recession Looms After Liz Truss’s Growth Program Backfires – bbg
Lufthansa Doubles 2022 Earnings Forecast After Surge in Bookings – bbg
Lufthansa Raises Full-Year Earnings Forecast Amid Strong Demand for Air Travel – Reuters
Hedge Fund Titan Warns UK Pension Crisis Is Just the Start – bbg
‘Material risk’ looms over stocks as investors face bear market’s ‘second act,’ warns Morgan Stanley – Marketwatch
Chip Delivery Times Shrink in Sign That Supply Crunch Is Easing – bbg
Supply Chain Data Eases, Giving Some Hope for U.S. Inflation Relief – Reuters
Forecast for U.S. recession within year hits 100% – bbg
Analysis-Despite Tax U-Turn, UK’s Hunt Still Faces Tough Budget Choices – Reuters
Roblox Rallies on Surge in Video-Game Platform’s Bookings – bbg
Roblox shares pop 18% on September user growth – cnbc
Futures Jump, Squeezed By Reversal In UK Fiscal Plans And Apocalyptic Trader Sentiment – Zerohedge
Stocks making the biggest moves premarket: Continental Resources, Bank of America, Apple and others – cnbc
New York Manufacturing Activity Contracts for a Third Month – bbg
Germany Faces $85 Billion Hit as Labor Shortages Intensify – bbg
European Commission Will Present Proposal on Gas Price Cap on Tuesday – Czech Minister – Reuters
ECB Unity on Policy Path Is Fraying as Recession Danger Mounts – bbg
UK Opens £40 Billion Emergency Program for Strained Energy Firms – bbg
BofA Soars After Smashing Expectations, Reports Blowout Trading Revenue And Net Interest Income – Zerohedge
Bank of America Beats Profit Estimates on Gains From Higher Interest Rates – Reuters
BofA Tops Loan-Revenue Estimates With Interest Rates Increasing – bbg
Market Turmoil a Boon for Trend-Following Hedge Funds – Reuters
Marketmind: Hunt for Yield – Reuters
Some ECB Officials See Legal Basis to Toughen Banks’ TLTRO Terms – bbg
Bear Market in US Stocks Still in Its Infancy Versus History – bbg
European Shares Edge Higher as Investors Await New UK Fiscal Plan – bbg
Bank of England Moves to Reassure Markets It Has Tools to Act – bbg
Morgan Stanley’s Wilson Says US Stocks Can Rally in Short Term – bbg
UK Bonds Surge as Traders Bet on Further U-Turns on Fiscal Plan – bbg
Germany Now Seen Dragging Euro Area Into Contraction Next Year – bbg
Stocks Set to Extend Declines, Currencies on Edge: Markets Wrap – bbg
European markets head for lower open as investors monitor recession risks – cnbc
Russia Hits Ukrainian Capital Kyiv With Kamikaze Drones – bbg
Goldman Sees Some Bargains in US But Finds S&P 500 Expensive – bbg
Europe to Propose Dynamic Price Cap on Its Biggest Gas Exchange – bbg
The Time to Buy the Dip Is Fast Approaching — for One Country – bbg
Emerging Markets Hurt Less as Dollar’s Wrath Sinks Rich Nations – bbg

Asia News
Asia-Pacific markets slip as recession fears weigh, China holds medium-term rates – cnbc
China Delays Release of GDP Data Due Tuesday, No Reason Given – bbg
China Halts LNG Sales to Foreign Buyers to Ensure Own Supply – bbg
Vietnam Central Bank Widens Currency Trading Band to 5% – bbg
Bank Run Shows Risks From Widening Vietnam Corruption Probes – bbg
China Won’t Rush Its Clean Energy Transformation, Xi Says – bbg
China Ramps Up Measures to Boost Sentiment Amid Market Slump – bbg
China Stocks Edge Lower as Xi Disappoints on Covid Zero Policy – bbg
China Locks Down Almost 1 Million People Near iPhone Factory – bbg
Asia Earnings Week Ahead: CATL, Moutai, HKEX, Hindustan Unilever – bbg
Surging Dollar Tests China’s Capital Controls as Cash Flees – Reuters
China state banks step up dollar sales to support renminbi – ft
Exclusive-China’s State Banks Seen Acquiring Dollars in Swaps Market to Stabilise Yuan – Sources – Reuters

Marketmind: Hello Darkness My Old Friend – Reuters
Week Ahead: China Party Congress, Chinese Data, Beige Book, U.S. Data, BOE/ECB/FED Speakers – christophe-barraud

 

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