TOP MARKETS NEWS: Week 10/25 – 10/31

Weekend 10/30 & 10/31

“The Fire Is Hot”: Why Morgan Stanley Is Bracing For A Collapse In The US Consumer Early Next Year – Zerohedge
China Oct official services PMI falls to 52.4 vs 53.2 in Sep – Reuters
China factory activity contracts for second month – official PMI – Reuters
What Federal Reserve tapering means for markets – Marketwatch
Wall St Week Ahead: Stocks approach historically strong period but Fed taper looms – Reuters
‘Squid Game’ Cryptocurrency Soars 40,000% In A Week – Zerohedge
S&P 500 EARNINGS SEASON UPDATE: OCTOBER 29, 2021 – factset
Fed: Set to hike rates in July 2022 amid looming inflation risks – Goldman Sachs – fxstreet
‘Squid Game’ cryptocurrency skyrockets 40,000 percent in first week – nypost

Friday 10/29

Business Live – guardian

S&P Tops 4,600 In Fitting End To Best Month Of 2021 – Zerohedge
Stocks close at record highs, market notches best month of the year despite Big Tech earnings misses – cnbc
Surprising Disclosure From US Steel Suggests Chip Shortage Is Finally Over – Zerohedge
San Francisco Gas Prices Hit All Time High, Average Near $4.75 Per Gallon – Zerohedge
Coal Prices Halved As Beijing Central Planners Step Up Interventions – Zerohedge
Inflation notches a fresh 30-year high as measured by the Fed’s favorite gauge – cnbc
Fed’s Favorite Inflation Indicator At 30-Year-High As Savings Rate Plunges – Zerohedge
Stocks making the biggest moves midday: Starbucks, Apple, Amazon, U.S. Steel and more – cnbc
China’s Energy Crisis Spreads As Gas Stations Run Out Of Diesel – Zerohedge
Amazon reveals 20% stake in electric vehicle maker Rivian – cnbc
The ECB Loses Control Of The Front-End As Inflation Comes In Scorching Hot – Zerohedge
Shipping Stocks “Significantly Undervalued” As 6 Year Bear Market Ends, Maritime Analyst Says – Zerohedge
G20: World’s biggest economies to discuss COVID, climate and economic recovery – euronews
Rabo: Metaverse Is The Second Coming Of Second Life… Which We Used For A Few Weeks In The Early 2000s And Got Bored – Zerohedge
Exxon Surprises With $10 Billion Stock Buyback Announcement As Cash Flow Soars – Zerohedge
Futures Slide Dragged Lower By Amazon And Apple – Zerohedge
Stocks making the biggest moves premarket: Chevron, Exxon Mobil, Newell Brands and more – cnbc
40% Of The Bull Market Is Due Soley To Buybacks- Zerohedge
Earnings results so far show companies are effectively navigating supply issues and rising costs – cnbc
Demand For LNG Is Only Going To Rise – Zerohedge
Euro zone inflation rises to 4.1% for October, hitting a new 13-year high – cnbc
Volvo shares charge ahead on £13bn stock market debut – guardian
Volvo Cars Goes Public on Nasdaq Stockholm – yicai
European stocks lower after Apple, Amazon disappoint; Volvo Cars surges on debut – Reuters
TREASURIES-Short-end shaping for steepest monthly selloff in years – Reuters
Analysis-Bank of Canada’s early lift-off warning may dampen housing boom fanned by speculators – Reuters
China makes biggest weekly short-term cash injection in 21 months – Reuters


Thursday 10/28

Business Live – guardian
Stock market news live updates: Stocks rise, Nasdaq jumps to record high amid Q3 GDP miss, drop in jobless claims – yahoofinance
The bond market is signaling a policy error. But which one? – forexlive
Treasury Curve Inverts at Long-End as 20-Year Yield Tops 30-Year – yahoofinance
US 2-year yields climb to highest since March last year as curve flattens further – forexlive

Stocks making the biggest moves after hours: Amazon, Apple, Starbucks & more – cnbc
Apple sales miss expectations, Tim Cook says supply issues cost company $6 billion – cnbc
Amazon badly misses on earnings and revenue, gives disappointing fourth-quarter guidance – cnbc
Dollar Dives Amid Crypto Chaos As Biden Unveils Big-Spending Bill – Zerohedge
Nasdaq and S&P 500 close at record highs, Ford jumps 8% as strong earnings boost stocks – cnbc
“VaR-Napalm” Misery As US Yield Curve Inverts At Long-End – Zerohedge
The Global Supply Shock Is About To Enter A Negative Feedback Loop With Weakening Demand – Zerohedge
Facebook’s rebrand could lose them a ton of employees—here’s why – cnbc
GDP Misses As US Economy Grows Only 2% In Q3, Weakest Growth Since Covid Struck – Zerohedge
Ford Shares Pop On Raised Guidance, But Company Warns Chip Shortage May Not End Until 2023 – Zerohedge
Volvo IPO: Everything you need to know – capital
Stocks making the biggest moves premarket: Comcast, Caterpillar, Merck and more – cnbc
The ECB has finally woken up to inflation reality – ing
Lagarde Q&A: Analysis does not support market based lift off expectations – forexlive
ECB Leaves Policy Unchanged (As Expected), Will Keep Buying Bonds Until At Least March 2022 – Zerohedge
Futures Rebound Despite Distress Signal From Collapsing Yield Curve – Zerohedge
The Taper Tantrum Has Begun: Australia’s 2Y Bond Just Blew Up After The Central Bank Unexpectedly Refused To Buy It – Zerohedge
Germany Cuts 2021 GDP Forecast By 25% Due To Soaring Energy Costs – Zerohedge
Chinese Coal Prices Plunge After Beijing Central Planners Impose Price Caps – Zerohedge


Wednesday 10/27

Business Live – guardian
Big squeeze underway in bonds – FOREXLIVE

Bank of Canada prematurely ends bond buying program in surprise decision. Loonie jumps – FOREXLIVE
US Durable Goods Orders Slide In September – Zerohedge
Boeing Rises After Burning Less Cash Than Expected Despite Top & Bottom-Line Loss – Zerohedge
Rates Spark: hike on, hike off – ing
Cryptos Crash Despite Tesla Leaving Door Open To Accepting Payments – Zerohedge
Futures Slip From All Time High Amid Fresh China, Growth, Valuation Concerns – Zerohedge
Equinor Q3 surges on high gas price, co to boost share buybacks – Reuters
ECB: The most significant meeting to global markets – Scotiabank – fxstreet
BASF lifts profit guidance again on higher chemicals prices – Reuters
Santander’s Q3 net profit rises 24% y/y on U.S. and UK markets – Reuters
Deutsche Bank posts fifth straight quarter of profit despite slide in trading revenues – cnbc
China stocks fall as coal firms slump; Hong Kong down – Reuters
Hong Kong stocks lead losses in Asia; data shows China’s industrial profits jumped in September – cnbc
METALS-Shanghai aluminium drops to 2-month low as coal prices tumble – Reuters


Tuesday 10/26

German exports hit by shortages; another Chinese property developer defaults – business live – guardian

AMD sales rise 54% on strong demand for chips for servers and game consoles – cnbc
Twitter reports third-quarter revenue growth of 37% and says Apple changes had minimal impact – cnbc
Microsoft earnings are out – here are the numbers – cnbc
Alphabet reports better-than-expected quarterly profit and revenue – cnbc
Robinhood shares tank as revenue falls way short of expectations on lighter crypto trading – cnbc
Long-Bond, Big-Techs, & Black-Gold Bid As China Stocks Chunder – Zerohedge
Dow rises for a third straight day to eke out another record on the back of strong earnings – cnbc
An Ominous Trend Emerges Below The Surface Of A Blowout Q3 Earnings Season – Zerohedge
Congress is about to fight over the debt ceiling again – but it doesn’t have to be this way – cnbc
Stocks making the biggest moves midday: Lockheed Martin, Hasbro, Facebook and more – cnbc
Futures Surge To All Time High As Earnings Supercharge Market Meltup – Zerohedge
European markets inch higher, tracking global earnings optimism; UBS beats – cnbc
Wealth management boom helps UBS report $2.3 billion profit, beating estimates – cnbc
Japan’s Nikkei 225 surges nearly 2%; property shares in Hong Kong decline on tax fears – cnbc


Monday 10/25

Business Live – guardian

Facebook beats on earnings despite revenue miss – cnbc
Stocks, Bonds, Bitcoin, & Bullion All Bid As Billionaire Tax Threat Builds – Zerohedge
Dow, S&P 500 close at records ahead of Big Tech earnings, Tesla jumps 12% to top $1 trillion – cnbc
Citigroup CEO Jane Fraser forecasts ‘brutal winter’ for markets – yahoofinance
“Your Money, Your Choice” – Mastercard, Bakkt Unveil Plans To Let Partners Integrate Crypto” – Zerohedge
Tesla shares rise after Hertz says it will buy 100,000 electric vehicles – cnbc
Tesla Rockets To Record Highs On 100,000 Vehicle Order From Hertz, $1600 Bull-Case Price Target From Morgan Stanley – Zerohedge
PayPal says it’s not looking to buy Pinterest right now, shares jump 6% – cnbc
Stocks making the biggest moves in the premarket: Pinterest, PayPal, Tesla and more – cnbc
Futures Rise Ahead Of Deluge Of Big Tech Earnings – Zerohedge
WTI Crude Tops $85 For The First Time Since 2014 As Banks See Oil Surge Accelerating – Zerohedge
German growth to slow sharply in final months of 2021, Bundesbank says – Reuters
Supply headaches sink German business morale to six-month low – Reuters
With corporate tax off table, U.S. Democrats turn to billionaires to fund spending bill – Reuters
Key Events This Very Busy Week: Earnings Deluge, Central Banks, GDP And Much More – Zerohedge
European markets set for modest rise, with earnings in focus; HSBC beats – cnbc
Asia-Pacific stocks mixed as HSBC earnings beat expectations; oil prices rise – cnbc
HSBC reports 76% jump in third-quarter profit, plans $2 billion share buyback – cnbc
Goldman Cut’s China’s 2022 GDP To Just 5.2% – Zerohedge
Big Tech earnings in the week ahead could test stocks’ recent rally – cnbc