TOP MARKETS NEWS: Week 10/29 – 11/04

Wednesday 10/31

Markets stage Halloween rally after a month of scary losses – business live – guardian
What to Watch: Stocks rebound, Airbus warning, Bitcoin anniversary – yahoofinance

Analysis: Chinese, Indian appetite for Iran’s oil climbs further – spglobal
Chicago PMI Plunges Back To ‘Hard’ Data Reality – Zerohedge

Trump’s Debt Sales Top Crisis-Era Levels Even as Economy Revs Up – Bloomberg

Private payrolls gain 227K in Oct, vs 189K estimate: ADP/Moody’s – cnbc

The market is showing a similar pattern to peaks in 2000 and 2007: BofAML’s Stephen Suttmeier – cnbc
How the U.S. midterm elections could ripple through markets – Reuters
General Motors beats on profit and revenue estimates as strong truck sales boosts results – cnbc
Bitcoin turns 10: how everything started with Satoshi Nakamoto’s 9-page white paper – scmp
Bitcoin is 10 years old today — here’s a look back at its crazy history – businessinsider
Eurozone Inflation Near 6-Year High as Oil Prices Spikes – nyt
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade – cnbc
China Vows More Stimulus With Economy On Verge Of Contraction – Zerohedge
Warning bell has rung: home prices dropped at much faster rate last month – scmp
China Evergrande units sell $1.8 billion bonds, coupons up to 13.75 percent – Reuters
Five Things You Need to Know to Start Your Day – Bloomberg
BOJ tweaks bond-buying plan for third month in a row – forexlive
Bank of Japan stays pat on rates, warns of risks from global ‘protectionist moves’ – Marketwatch
Chinese economy slowing faster than expected, worst yet to come, analysts say – scmp
Hong Kong Shares Suffer Worst Monthly Run of Losses in 36 Years – Bloomberg
China factory growth weakest in over two years, slump in export orders deepens – Reuters
Samsung Record Profit Overshadowed By Slumping Smartphone Sales; Chip Price Fears – Zerohedge


Tuesday 10/30

Business Live – guardian

Facebook stock seesaws after earnings beat, but gains after forecast isn’t as scary – Marketwatch
Market bull Rich Bernstein is ‘very shocked’ investors are worrying about peak earnings – cnbc

Apple will launch its new Mac mini on November 7th, starting at $799 – businessinsider
Housing market now ‘reminds me of 2006,’ Robert Shiller says – Marketwatch
Higher consumer spending spurs Mastercard’s profit beat – Reuters

US Home Price Appreciation Slows At Fastest Pace Since 2014 – Zerohedge
German Inflation Hits Six-Year High Even as Economy Falters – Bloomberg
Coca-Cola’s low-sugar sodas, premium waters drive results – Reuters
The history of bitcoin’s first decade in one chart – yahoofinance
Fiat Declares $2.3 Billion Extra Dividend, Plans Regular Payouts – Bloomberg
General Electric cuts dividend, splits loss-making power unit – Reuters
BP earnings: Q3 net profit comes in at $3.8 billion, vs. $3.013 billion expected – cnbc
Volkswagen: Net income for Q3 comes in at 2.7 billion euros vs. 2.29 billion euros expected – cnbc
Red-hot leveraged loan market draws regulatory heat – ft



Monday 10/29

Markets edgy in worst month since the financial crisis – business live – guardian
Five Things You Need to Know to Start Your Day – Bloomberg

Trump’s ‘booming’ economy? The sugar high is wearing off – Marketwatch
IBM Is Paying a Rich Price to Acquire Red Hat – barrons
America’s global trade war finally arrives at the WTO as members dispute US tariffs – cnbc
Stocks, Yuan Tumble On Report US To Announce Tariffs On All China Imports If Trump-Xi Meeting Fails – Zerohedge
Morgan Stanley breaks with rest of Street, thinks October sell-off is ‘morphing’ into a bear market – cnbc
Morgan Stanley Says Sell Rallies as Goldman Sees Chance to Buy – Bloomberg
FANGs Freefall Into Bear Market As Dip-Buyers Evaporate – Zerohedge
The Asset Management Industry Is Getting More Concentrated – institutionalinvestor
“Extreme Portfolio Pain” Ahead: Morgan Stanley Expects A “Cyclical Bear Market” Slamming The S&P To 2,400 – Zerohedge

Merkel confirms she won’t seek re-election to CDU party chair – Reuters
US consumer spending increased 0.3% in Sept, while personal income edged up 0.2% – cnbc
Stocks So Cheap It’s as If EM’s $8 Trillion Rally Never Happened – Bloomberg
China factory growth seen cooling further as U.S. tariff impact mounts: Reuters poll – Reuters

Battered oil prices find relief as Iran supply challenges remain in focus – Marketwatch

China Turns to Share Buybacks as Latest Weapon to Rescue Market – Bloomberg
Canada’s household debt flashes red in Morgan Stanley risk report – fp
The S&P 500 is sitting right on the trend line determining a routine sell-off or deeper rout – cnbc
China Regulator to Propose 50% Cut to Car Purchase Tax – Bloomberg
Jim Rogers-Backed Chinese Online Brokerage Is Said to Plan IPO – Bloomberg

Worst sell-off since 2008 – robeco

HSBC profit up 32% on retail, commercial banking – Marketwatch
Nomura: Beware Halloween’s Massive Fed Liquidity Withdrawal – Zerohedge
‘The year of overreaction’: JP Morgan says financial markets are on the cusp of doing something never seen before – businessinsider
Far-right candidate Jair Bolsonaro wins presidential election in Brazil – cnn

China’s growth woes weigh on Asia – Reuters
China stock woes deepen as government efforts fail – ft
Chinese markets take another tumble amid a brutal October for mainland stocks – cnbc
Negative equity returns to Hong Kong as small, older flats’ values drop by 20 per cent in a declining market – scmp
China Inc. $287 Billion Perpetual Bonds Flash Warning Signs – Bloomberg
Global markets are plunging from a toxic mix of factors that created the perfect storm for meltdowns – scmp
Italy careening into recession ‘wall’ and a bank crisis, warns Societe General chief – telegraph
The ‘zombie’ problem: Low interest rates and ‘leveraged loans’ sustain a vast number of lousy companies that should have gone to the wall years ago – businessinsider