TOP MARKETS NEWS: Week 10/21 – 10/27

Thursday 10/24

Business Live – guardian
Bargain hunting boosting AAC Technologies, WH Group – chinese markets live – scmp

Eurozone mired close to stagnation at start of fourth quarter – markit
Downturn in German economy continues as employment falls for first time in six years – markit

Nokia shares drop 24% after cutting 2019, 2020 outlooks – Marketwatch
Royal Bank of Scotland swings to loss after higher PPI costs – Marketwatch

China sets next week for key party meeting, after long gap – Reuters
Germany’s Wealth Fund to Go Where Even Norway Fears to Tread – Bloomberg
BASF reports drop in net profit – Marketwatch
Daimler reports higher revenue and earnings – Marketwatch
Flash Japan PMI show first fall in business activity for three years – ihsmarkit
Tesla shares soar 21% as surprise profit answers skeptics – Reuters



Wednesday 10/23

Markets weighed down by growth worries and Brexit uncertainty – business live – guardian
iPhone supplier AAC Technologies takes a hit in Hong Kong – china business live – scmp

Microsoft earnings trounce expectations, but Azure growth rate continues to shrink – Marketwatch
After a Tumultuous Stint, Mario Draghi Is Leaving the ECB. His Legacy Will Forever Be Tied to These 3 Words – fortune
Caterpillar reports earnings that badly miss the Street, cuts forecast again – cnbc



Tuesday 10/22

Business Live – guardian
China Resources Land tanks on plan for new shares; China mutual funds bulk up on tech stocks – scmp

Texas Instruments tanks the chip sector and investors’ hopes for a rebound – Marketwatch
UBS profit drops, warns trade tensions weighing on investors – Marketwatch



Monday 10/21

Pound hits $1.30 amid Brexit deal hopes – business live – guardian
Chinese Markets Live: Budweiser, Xiaomi climb while Tencent slips in early trading – scmp

Deutsche Bank Planning Mass Layoffs To Its Once Iconic Rates Unit – Zerohedge
Netflix offers $2 billion in debt to fund more original content – cnbc

Barclays Sees ‘Rays Of Sunlight’ In China Trade War, Brexit – forbes

JPMorgan Warns U.S. Money-Market Stress to Get Worse – Bloomberg
China Seeks $2.4 Billion in Trade Countermeasures Against U.S. – Bloomberg
Many firms in China’s third-biggest province struggling to pay debt – S&P – Reuters
Top fund manager forced to resign after BBC investigation – bbc

Monday Morning Memo: European Fund-Flow Trends, September 2019 – lipperalpha
Graphic: A quiet exit for Draghi? Five questions for the ECB – Reuters

Bellwethers: South Korean exports fell by almost 20% – robeco
Chile’s deadly weekend of fire as youth anger ignites – Reuters

Japan’s exports fall for 10th consecutive month – Marketwatch
Robert Shiller: Recession likely years away due to bullish Trump effect – cnbc
Negative rates forever? Central bankers look for an exit – Reuters