TOP MARKETS NEWS: Week 12/07 – 12/13

Weekend 12/12 & 12/13

OPEC+ countries to hold Jan. 4 talks: Algeria – Reuters
POUND JUMPS IN EARLY TRADING AFTER BREXIT TALKS EXTENSION – Zerohedge
Brexit trade talks extended beyond Sunday’s deadline as leaders pledge to go ‘the extra mile’ – cnbc
AstraZeneca to buy Alexion for $39 billion to expand in immunology – cnbc
G10 FX Week Ahead: Running out of road – ing
Week ahead: EURphoria is not the same as EUphoria – nordea

 

 

Friday 12/11

Business Live – guardian

S&P 500 falls for a third straight day to close out losing week as stimulus uncertainty remains – cnbc
Senate passes one-week government funding extension, sends it to Trump – cnbc
What workers should know about unemployment benefits, whether they’re extended by Congress or not – cnbc
MORGAN STANLEY WARNS BRITISH BANKS COULD DROP 20% AS BREXIT TALKS FAIL – zerohedge
PRODUCER PRICES RISE AT FASTEST PACE SINCE FEBRUARY – zerohedge
While IPOs for Airbnb and DoorDash skyrocketed this week, don’t buy hype, experts say – cnbc
EU leaders agree on 55% emissions reduction target, but activist groups warn it is not enough – cnbc
SOLAR ENERGY COULD POWER SILVER HIGHER – zerohedge
Accounting for Revenue Sources Tells a Richer Story – msci
Disney shows off the unstoppable power of its franchises as stock hits an all-time high – cnbc
Disney unloads a slew of impressive Disney+ announcements, announces price hike – cnbc
AFTER 230 YEARS, SPAIN PRINTS NEGATIVE… – zerohedge
Ride With Lordstown Motors Stock, Not With Fisker, Goldman Says – barrons
Stocks subdued by Brexit, U.S. stimulus doubts – Reuters
EU’s von der Leyen says positions in Brexit trade talks “apart” – Reuters
No-trade deal Brexit now more likely than a deal – EU Commission chief – Reuters
Investors swap China holdings from Wall Street to Hong Kong as delisting threat brews – Reuters


Thursday 12/10

Business Live – guardian
US Suffers Record 3K+ COVID Deaths; Global Total Nears 70MM: Live Updates – Zerohedge

Disney touts 86.8 million Disney+ subscribers during investor day – cnbc
Stocks close little changed as stimulus negotiations drag on, unemployment data disappoints – cnbc
Oracle moves lower as it beats expectations – cnbc
Airbnb soars to near $100bn valuation as shares more than double in IPO – guardian
Airbnb skyrockets 115% in public market debut – cnbc

US Household Wealth Hits All-Time High As “Top 1%” Have Never Been Richer While Poor Drown In Debt – Zerohedge
EU leaders finally approve coronavirus stimulus package after Hungary and Poland lift their veto – cnbc
Brent Crude Surges Above $50 For First Time Since March – Zerohedge
Electric Last Mile SPAC Merger: What Investors Should Know – benzinga
FDA Panel Votes On Authorization Of Pfizer COVID Vaccine For Emergency Use – Zerohedge
CPI Comes In Hotter Than Expected On Hotel, Airline Fares; Used Car Prices Drop – Zerohedge
Initial Jobless Claims Jump Most Since March As Lockdowns Strike – Zerohedge
Greece Is Setting Itself Up For Another Financial Crisis – Zerohedge
ECB expands and extends its bond buying as coronavirus resurgence weighs on the recovery – cnbc
ECB Boosts QE By €500BN, Euro Jumps On Lack Of Dovish Surprises – Zerohedge
Stocks take a breather as Brexit, U.S. stimulus talks stall – Reuters
SoftBank shares surge on $11 billion DoorDash investment gain – Reuters
Toyota’s game-changing solid-state battery en route for 2021 debut – asianikkei

 


Wednesday 12/09

Business Live – guardian
Canada 3rd To Approve Pfizer Jab; UAE Says Sinopharm COVID Vaccine 86% Effective: Live Updates – Zerohedge

Dow falls more than 100 points as tech drop pushes stocks off record highs – cnbc
All 50 states and DC have now certified their presidential election results – cnn
House passes stopgap bill to avoid government shutdown – thehill
House votes to fund government for a week amid rush to strike spending, Covid relief deals – cnbc
Momo Names Crushed As DoorDash Opens Up 80% From IPO Price – Zerohedge
Explainer: What to expect as Facebook battles U.S. lawsuits over its market power – Reuters
FTC and states sue Facebook, could force it to divest Instagram and WhatsApp – cnbc
Fossil fuels still reign, but renewables make inroads – afp
Salad days – breakingviews
DoorDash soars 85% in Wall Street debut – cnn
DoorDash prices IPO at $102 a share ahead of Wednesday debut – nyp
Canada approves Pfizer and BioNTech’s Covid vaccine – cnbc
Poland & Hungary Accept German Proposal On $2.2 Trillion EU Stimulus – Zerohedge
U.S. House to take up one-week stopgap bill as COVID-19 talks drag on – Reuters
Citi Private Bank sees modest overall market gains in 2021, but loves these ‘unstoppable’ trends – cnbc
Wall Street forecasts just keep going up: Morning Brief – yahoofinance
European markets trade higher as focus remains on Brexit talks – cnbc
Stock market bull run continues, sterling faces Brexit test – Reuters
China shares rise on recovery signs, vaccines hopes – Reuters
China’s factory prices fall more slowly in November, food weighs on consumer prices – Reuters

 

Tuesday 12/08

Business Live – guardian
Covid live updates: U.S. adds 1 million cases in just four days, now above 15 million – cnbc

Stocks rise to fresh record highs as Pfizer begins UK vaccine rollout – cnbc
Tesla stock bounces back, as analyst sees $5 billion stock offering as a ‘clear positive’ – Marketwatch
The ‘missing’ £50bn in notes is busy fuelling the black economy – thetimes
Nikola gains ground after founder discloses share sales – Reuters
Biden’s Victory Cemented As States Reach Key Electoral College Deadline – npr
Stocks making the biggest moves midday: Stitch Fix, Boeing, Raytheon, Pfizer, QuantumScape & more – cnbc
The Case For Value And What It Means For Europe – Zerohedge
A last-ditch push to save stimulus checks is gaining traction – fortune
Atari CEO on crypto token and blockchain gaming: ‘We know this is going to work’ – yahoofinance
McConnell backs off demand for liability protection in Covid stimulus negotiations – cnbc
Yes, December Is The Best Month For Stocks… But When In December – Zerohedge
Hedge funds are setting records at the end of historically volatile 2020 – nyp
Economic growth will be better than expected thanks to the resilient services sector, Goldman says – cnbc
Snowflake Market Cap Surpasses IBM, AMD – Zerohedge
Emerging markets are seeing a ‘long-term turnaround’ as ETF nears three-year high: Oppenheimer – cnbc
Stimulus Deal Stalls As McConnell Balks At Bipartisan Bill – Zerohedge
Tesla, already worth $600 billion, wants to raise another $5 billion in stock – cnn
FDA Confirms Pfizer Vaccine 95% Effective, Warns Of ‘Severe Adverse Reactions’ After Dose 2 – Zerohedge
Call Volumes “Absolutely Absurd” – Nomura Warns Sentiment Overshoot “Getting Scary” Ahead Of Quad Witch – Zerohedge
20 U.S. market strategists reveal their 2021 predictions for the S&P 500 – cnbc
Revolut, Europe’s $5.5 billion digital bank, quietly broke even in November – cnbc
The BIS Issues A Dire Warning: “We Are Moving From The Liquidity To The Solvency Phase Of The Crisis” – Zerohedge
Landmark moment as first NHS patient receives COVID-19 vaccination – nhs

 

Monday 12/07

Business Live – guardian
Merkel Pushes New COVID Lockdown; UK Vaccinations Start Tuesday: Live Updates – Zerohedge

Dow falls more than 100 points as Covid-19 cases continue to rise, Nasdaq hits record – cnbc
A Terrible Year For Intel Just Got Worse: Apple Plans Powerful Next-Gen Custom Chips – Zerohedge
Stocks making the biggest moves midday: Tesla, Kodak, Lyft, Interactive Brokers & more – cnbc
Explainer: The potential impact of Brexit without a trade deal – Reuters
Sell’ signals indicate roadbump ahead for world equities – Reuters
FDA could authorize Pfizer’s Covid vaccine this week as U.S. deaths surge – cnbc
Trading Volumes Plunge As Interactive Brokers, Robinhood Suffer Major Outages – Zerohedge
Italy’s Eni to buy 20% stake in world’s largest offshore wind farm – cnbc
Brexit Tension Tightens and Risk Takes a Tumble – bk
BlackRock takes equities to overweight for 2021, sees powerful restart to the economy – cnbc
Sterling dives as Brexit talks hang in the balance – cnbc
G7 finance officials back need to regulate digital currencies – Reuters
Wells Fargo sees a modest overall market rise in 2021, but big gains for these ‘Covid beta’ stocks – cnbc
Goldman doubles down on its call for 16% stock gains in 2021 with investors still sitting on mountains of cash – businessinsider
We Are In The “98th Percentile”: Goldman Indicator Finds Equity Positioning Is “Extremely Stretched” – Zerohedge
Stockman: Here’s Why Goldman Sachs’ Projected Post-COVID “Rally” Is Risibly Corrupt – Zerohedge
German industrial output surges on booming car sales – Reuters
Key Events In The Coming Busy Week – Zerohedge
Asian shares ease from record high; oil falls on virus case surge – Reuters
‘We are only in the middle of the bull market’ and a buying opportunity could come soon, JPMorgan says – Marketwatch
China hands out $3 million of digital yuan as JD.com becomes first online platform to accept it – cnbc
China’s exports surge on hot demand for PPE, remote working tech – Reuters
China’s Nov crude imports rise m/m as backlog cleared – Reuters