TOP MARKETS NEWS: Week 11/26 – 12/02

Weekend 12/01 & 12/02

China eases curbs on stock-index futures trading – chinadaily
Is This ‘Deal’ Good Enough For Markets? – Zerohedge

“I’ll Eat My Hat If This Means Anything Substantive”: Why The Trump-Xi Truce Achieves Little – Zerohedge

“It’s A Truce”: Trump, Xi Agree No New Tariffs After January 1, Keep Tariffs At 10% For 90 Days – Zerohedge
Xi-Trump meeting in Buenos Aires achieves ‘great’ results, charting bilateral ties in next stage – cgtn
Trump and Xi declare a temporary truce to cool trade war tensions – asianikkei
Trump Declares Wednesday ‘National Day Of Mourning’ For President Bush; Stock Market To Close – Zerohedge
Global Growth Cools, Leaving Scars of ’08 Unhealed – nyt

 

 

Friday 11/30

Business Live – guardian

Oil tumbles on supply glut; Wall Street up on G20 comments – Reuters
QE, QT, The Balance Sheet, & Monetization… Did The Fed Tell The Truth? – Zerohedge

GOLDMAN SACHS: Trump’s meeting with Xi is likely to make the trade war much worse – businessinsider
Chicago PMI Explodes Near Record High – Zerohedge
Here’s Why GE Is Tumbling, Again – Zerohedge
Euro area annual inflation down to 2.0% – europa
China’s passenger car sales slumped 28% in first three weeks of November – yuantalks

China reports weakest factory growth in over two years on eve of U.S. trade talks – Reuters

 

 

 

Thursday 11/29

Bank of England under fire over ‘Project Hysteria’ Brexit warning – business live – guardian

The Fed is warning that the trade war threatens the US economy as Trump heads to the G-20 for crucial talks with China’s Xi – cnbc
Fed minutes: Further hike ‘warranted soon,’ debate opened on pause – Reuters
German car bosses invited to White House on Tuesday: Handelsblatt – Reuters
What Easing: Libor Surges Most In 8 Months, Squeezing $200 Trillion In Credit – Zerohedge

US dollar will weaken through 2020 as investors find better returns elsewhere, Morgan Stanley says – cnbc
Trump Readying Bump Stock Ban Announcement – fortune
May must extend article 50 – or the no-deal nightmare could happen – guardian
Apple estimates cut again amid fears of sluggish iPhone demand – cnbc

BREXIT: London’s loss is Frankfurt’s gain with €800 billion of assets moving to Germany – businessinsider

Jobless Claims Soar To 8-Month Highs – Zerohedge

US consumer spending surges, while underlying inflation slows – Reuters

German unemployment rate hits record low – Reuters

German police raid Deutsche Bank offices on money laundering allegations; shares fall 3% – cnbc
Moody’s warns the decline of the middle class will make 2019 a rough year for retailers – businessinsider
‘Late cycle signals’: 19 indicators that suggest the US economy’s record expansion is about to come to an end – businessinsider
Swiss economy mirrors weakness in eurozone – Marketwatch
Asian markets roll along on Powell’s comments; Nikkei up for 5th straight day – Marketwatch

 

 

 

Wednesday 11/28

SocGen: Powell Corrected “A Rookie Mistake” But Nothing Has Changed – Zerohedge
Dollar Dumps, Gold Jumps As Powell Abandons Hawkish “Long Way” From Neutral Stance – Zerohedge
After Powell comments, traders see only two more interest rate hikes – cnbc
Pimco buys all of $3 billion UniCredit bond: sources – Reuters
Traders Shocked As Largest Italian Bank Forced To Pay Six Times More Interest To Sell Bonds – Zerohedge
New Home Sales Crash In October – Biggest Plunge Since 2011 – Zerohedge
Nasdaq plows ahead to launch bitcoin futures despite cryptocurrencies’ bear market – cnbc
Q3 GDP Stuck At 3.5% As Revisions See Spending Shrink, Inventories Soar – Zerohedge
US Trade Deficit Soars To Record High As Exports Tumble – Zerohedge

 

 

Tuesday 11/27

Fears of ‘short-sighted’ trade war grow as Trump threatens China with more tariffs – business live – guardian 

Asia markets trade higher as investors wait for Trump and Xi’s big meeting – cnbc

 

 

 

Monday 11/26

Markets rally on hopes of Italian budget breakthrough – business live – guardian
Five Things You Need to Know to Start Your Day – Bloomberg

Trump is ready to go all-out in the trade war with China, and even the iPhone may not be spared – businessinsider
U.S. stocks close higher as retailers rally on Cyber Monday – Marketwatch
Visualizing The Bear Market In FAANG Stocks  – Zerohedge

WTO: Trade growth to weaken further in Q4 – forexlive
Microsoft Overtakes Apple As Most Valuable US Company After SCOTUS Headlines – Zerohedge
Draghi Says ECB Still Expects Net Bond Buying to End in December – Bloomberg
Morgan Stanley Breaks Consensus, Downgrades US Stocks To Sell  – Zerohedge
Where to put your money in 2019 — it’s not US stocks, according to Morgan Stanley – cnbc
E
ven Nostradamus Can’t Make a Decent Investment Return This Year – Bloomberg
What to Watch: Stocks surging, oil rebounds, German sentiment slumps – yahoo
German business confidence dips again as economy cools – cnbc
Key Events In A Tumultuous Week: The Fed Tips Its Hand, Trump And Xi Meet At G-20 – Zerohedge
Ohio Set To Be First US State To Accept Bitcoin For Taxes, WSJ Report – Zerohedge
Goldman Predicts Commodities Will Soar in 2019 – Bloomberg
Italian Yields Tumble, Bank Stocks Soar As Populists Blink In Showdown With EU – Zerohedge
Russia ‘fires on, seizes’ Ukrainian ships in major escalation of Crimea tensions – businessinsider
The EU has agreed to Theresa May’s Brexit deal – businessinsider