TOP MARKETS NEWS: Week 10/08 – 10/14

Weekned 10/13 & 10/14

Violence, Public Anger Erupts In China As Home Prices Slide – Zerohedge
“This Is An Earthquake For Bavaria”: CSU Suffers Stunning Defeat, Loses Absolute Majority In Worst Result Since 1950 – Zerohedge
Saudi Stocks Crash Most Since 2016 As Riyadh Threatens US With “Very Strong” Retaliation – Zerohedge

 

Friday 10/12

Stock markets bounce back after heavy losses – business live – guardian

Chinese Car Sales Suffer Record Drop, Set For Historic Collapse – Zerohedge
Citigroup profit beats on higher bond trading, lower costs – Reuters

BMW says trade war could hit 2019 results by up to 500 million euros – Reuters
JP Morgan shares bounce after bank reports better-than-expected earnings, revenue – cnbc
$85 Oil Opens Chasm Between Emerging Markets’ Winners and Losers – Bloomberg
China looks the most hurt by the week’s global market turmoil – cnbc
China’s exports to U.S. surged in September – Marketwatch

 

 

Thursday 10/11

Global market slide as Donald Trump says Fed is ‘making a big mistake’ – business live – guardian
Live Now: Global Stock Selloff Slows in Europe – Bloomberg

Nasdaq becomes first major benchmark to fall into correction territory, led by Amazon and Netflix – cnbc
How Much More Do The Quants Have To Sell – Zerohedge

Cheap and unloved: Europe Inc can’t afford third-quarter miss as Wall Street gap widens – Reuters
Last-Minute Trades Accelerate U.S. Share Declines – wsj
Maduro Got a Salt Bae Feast, But Turkey Gets Venezuela’s Gold – Bloomberg
Italy’s Builders Add $118 Billion Headache to Banks’ Problems – Bloomberg
Money Markets Cut Bets on Pace of Fed Tightening Amid Stock Rout – Bloomberg
All About the U.K.-China Plan to Link Stock Markets – Bloomberg

Asia shares swoon to 19-month lows; investors await U.S data – Marketwatch

 

Wednesday 10/10

Business Live – guardian

Why the stock market tumbled Wednesday, ushering in its worst start to a quarter in about 2 years – Marketwatch
Trump Says After Stocks Drop That Fed ‘Has Gone Crazy,’ Says Markets in ‘Correction’ – Bloomberg

Dow Jones drops 800 points, stocks plummet amid tech selloff – cbs

Everything That Goes Wrong When Stocks and Bonds Fall Together – Bloomberg

A rare and worrisome thing happened during Wednesday’s stock market slaughter: bonds fell too – cnbc
World’s oil traders face off over price outlook as Iran sanctions near – ft
Biggest bond ETF suffers record withdrawals- ft
Mnuchin warns China against devaluing currency, says renminbi agreement must be part of trade deal – cnbc
Sears arranges financing for a potential bankruptcy filing after 125 years – cnbc
Chinese tech giant Huawei unveils A.I. chips, taking aim at giants like Qualcomm and Nvidia – cnbc
Fitch Ratings: China Bond Defaults to Rise in 2019 Despite Policy Easing – fitch
Bank of Greece Blames Bank Stocks’ Rout on Contagion From Italy – Bloomberg

 


Tuesday 10/09

Business Live – guardian

U.S. Tariffs Won’t Force China to Back Down, Trade Minister Says – Bloomberg
Global Growth Plateaus as Economic Risks Materialize – imf

Tencent’s $214 Billion Rout Is Breaking All Kinds of Records – Βloomberg

U.S. trade war could reduce global economy by 0.8% in 2020 – Marketwatch

IMF downbeat on global economic outlook – Marketwatch

 

 

Monday 10/08

Nobel prize in economics 2018 awarded – live – guardian

S&P 500 Companies Will Spend Trillions in Cash This Year – barrons
Global Systemically-Important Bank Stocks Slump To 18-Mo Lows, Europe Craters – Zerohedge

Why Euro Seems Destined to Fall – bk
Stocks Tumble On “Terrible Trio” Of China Crash, Rate Rout, And Italian Standoff – Zerohedge
The risks lurking in a benign global economy – ft
German output falls for third-straight month – Marketwatch
European Shares Resume Their Slide as Italian Stocks Fall Again – Bloomberg
Key Events This Week: Inflation, Italy And Earnings – Zerohedge
Everyone’s Fleeing China Stocks as Foreigners Dump $1.4 Billion – Bloomberg
China Caixan services PMI expands, but jobs tumble – Marketwatch