TOP MARKETS NEWS: Week 11/19 – 11/25

Weekend 11/24 & 11/25

Brexit EU summit LIVE: Theresa May’s withdrawal deal endorsed by the European Union – independent

Bank Of Canada To Start Buying Mortgage Bonds As Canadian Housing Market Cools – Zerohedge
Amazon expected to contribute more than half of Q4 earnings growth for S&P 500 retail – Marketwatch
JPMorgan Spots The Next Big Problem: A Plunge In Global Bond Demand – Zerohedge
Oil’s Black Friday drop could hit drilling budgets for 2019 – cnbc

 

 

Friday 11/23

Oil hits 2018 low; eurozone growth weakens – business live – guardian

Oil Jumps As Saudis Plan “Disguised” Production Cut To Hide From Trump – Zerohedge
“Blowout”: Black Friday Spending Hits Record High As Shoppers Line Up Despite Record Freeze – Zerohedge
November PMIs “Raise Warning Flags” About Slowing US Growth – Zerohedge
WEAKER EUROZONE MOMENTUM TO PERSIST AS PMIS SLIDE FURTHER – berenberg
Eurozone business growth hits near four-year low – markit

Germany: Hit by cars – ing

German GDP data confirms contraction in 3Q – Marketwatch
Oil prices crash to their lowest level of 2018 despite Saudi Arabia’s proposed production cut – businessinsider
Huawei says it’s “surprised” by report that US is pushing more foreign allies to blacklist its network services – scmp
Over 100 companies suspended from trading as China tech stocks rocked by news US urging allies to blacklist Huawei – scmp

 

 

 

Thursday 11/22

Business Live – guardian

JP Morgan gives its prediction for Brent crude in 2019 – cnbc
Electric vehicle sales to ‘see a big lift’ over the next 2 to 3 years, BlackRock says – cnbc
Chinese consumers aren’t spending as much. Many are worried about the future – cnbc
U.K. Minister Optimistic About Deal on Sunday: Brexit Update – Bloomberg
Centrica shares down 8% after customer numbers fall – ft
China’s stock exchanges seek to curb overuse of trading halts amid complaints from foreign investors – scmp

 

 

Wednesday 11/21

EC rejects Italy’s budget again – business live – guardian

“There Is Now An Alternative”: BofA Expects Stocks To Peak In 2018, Drop In 2019 – Zerohedge
S&P 500 Valuation Floor Is as Wobbly as 2019 Earnings Estimates – Bloomberg

China stock exchanges issue revisions to regulations on trading halts – Reuters
Nervous investors await China-US talks at G20 summit – ft
Goldman Sachs: History tells us the Fed will stick to its rate-hiking path – cnbc
Foxconn, Apple’s largest supplier, is now wrapped up in iPhone supply chain rumors – cnbc
U.S. durable-goods orders sink 4.4% in October and business investment is flat – Marketwatch

JP Morgan sees a slowdown coming, with economy growing at less than 2 percent in 2019 – cnbc
Trump and China Are Heading for a Trade War Showdown at the G-20 – barrons
EU moves towards disciplining Italy on budget, Rome remains defiant – Reuters
There’s a $9 trillion corporate debt bomb ‘bubbling’ in the US economy – cnbc
Italy’s Market Battles Could Hamper Economic Growth, Istat Warns – Bloomberg
This Is the Newest Bubble in China Stocks – Bloomberg
GREECE: Herculean labours – REUTERS
Ikea slashes 7,500 jobs as furniture giant battles shift to online shopping – telegraph

 

 

 

Tuesday 11/20

Business Live – guardian
Five Things You Need to Know to Start Your Day – Bloomberg

Why share buybacks didn’t come to the stock market’s rescue in November – Marketwatch
US-China trade war raises risk of financial market ‘flash crash’, say analysts – scmp
Oil Crashes Most In 3 Years, Triggering CTA “Max Short” Programs – Zerohedge
Past Debts Come Due for U.S. Stocks as Credit Stress Swells – Bloomberg
Micron stock sinks on Baird downgrade – Marketwatch
Apple Stock Price Target Is Cut Again at Goldman – Bloomberg

Ray Dalio says it’s just like the 1930s for investors right now’ – Marketwatch
London’s Stockpile of Unsold Homes Jumps to an All-Time High – Bloomberg
For the White House, cheap oil is now shortsighted politics – ftalphaville
Deutsche Bank Shares Hit Record Low On Massive Money Laundering Fears – Zerohedge
US trade war with China won’t be ending anytime soon, and it is a big concern: CNBC CFO survey – cnbc
Who’s buying leveraged loans anyways? – ftalphaville
Bitcoin drops 12% to below $5,000 – cnbc
Explainer: What misconduct is Nissan’s Ghosn accused of, and how did it come to light? – Reuters

 

Monday 11/19

Trade war fears grow as US and China clash – business live – guardian

Why the Khashoggi crisis could finally start to affect oil prices – cnbc
Corporate America’s Debt Boom Looks Like a Bust for the Economy – Bloomberg
A deal between Donald Trump and Xi Jinping will not last – ft
Home builder confidence tumbles the most since 2014 as housing headwinds catch up – Marketwatch

Nissan boss Carlos Ghosn arrested over ‘misconduct’ – bbc
Big Oil Doesn’t Like EV Subsidies, Just Its Own Giant Subsidy – Bloomberg
The End Of The Tax Cut Boost – Zerohedge
Corporate America’s Debt Boom Looks Like a Bust for the Economy – Bloomberg
Goldman Sachs believes the US economy will slow to a crawl next year – cnbc

China investors dump once-acquisitive firms on write-down fears – Reuters
Apple cuts production orders for all three new iPhone models: WSJ – Reuters

Japan posts wider-than-expected Oct. trade deficit – Marketwatch
Key Events In Thanksgiving Week: More Brexit, Euro Budget And Global PMIs – Zerohedge
Xiaomi net profit surges to $1.45bn in January to September – asianikkei
The Great Promise of China – nyt
APEC summit ends in disarray as U.S.-China trade tensions dominate – Marketwatch
Switzerland gives green light to first cryptocurrency ETP – ft
China is underestimating its US$3 trillion dollar debt and this could trigger a financial crisis, says economist – scmp