TOP MARKETS NEWS: Week 12/12 – 12/18

December 12, 2022
  

Weekend 12/17 & 12/18

Japan Keeps Defying Fed-Led Consensus on Rate Hikes: Eco Week – bbg
Top 5 things to watch in markets in the week ahead – investing
Real-Money Funds Dump $100 Billion of Stocks on Rebalancing – bbg

Back Bailout or Risk Losing It All, Uniper Boss Tells Shareholders – Reuters
Bonds Get Wake-Up Call From ECB Warning – bbg
Your Sunday Asia Briefing: Messi’s Moment, Asia’s Rebound – bbg
Stock Strategists Predict Asia Market Rally After Terrible 2022 – bbg
Credit Investors Are Getting Ahead of Themselves – bbg
Bond Managers Sense Opportunity With Yields Below Fed’s Rate – bbg

 

China to Maintain Ample Liquidity in 2023 to Implement Proactive Fiscal Policy – State Media – Reuters
Musk’s Troubling Week Pushes Tesla Investors Closer to the Edge – bbg
Oil Exports From Key Russian Port Cut In Half As Price Cap Kicks In – Zerohedge
Hedge Fund Manager Netting 29% Gain Sees S&P 500 Going Nowhere – bbg
Why is Elon Musk spending his time on Twitter, not on the mission to Mars? – bbc
The Global Gas Crunch Is Set To Worsen As China Reopens – Zerohedge
Italian Economy Minister Says ECB Rates Hikes Worrying for Rome – Reuters
Charting the Global Economy: Fed, ECB and BOE Slow Rate Hikes – bbg
China’s Economic Output to Exceed 120 Trln Yuan in 2022 -Party Official – Reuters
China’s Growth to Pick Up in 2023 on Stimulus, CCTV Reports – bbg
Shanghai Shuts Schools Again as Rolling Covid Waves Predicted – bbg
Your Saturday Asia Briefing: 2022 Movers, Shakers and Smugglers – bbg
Binance, Alone at the Top After FTX, Stirs ‘Too Big to Fail’ Crypto Worry – bbg
China Calls Boosting Domestic Demand Top Economic Priority – bbg
JPMorgan Says Buy Emerging-World Debt as Growth, Inflation Slow – bbg
2 + 2 = 5 – Zerohedge

 


Friday 12/16

Business Live – guardian

Hawkish Fed & Horrible Data Hammer Stocks; Bonds & Black Gold Bounce – Zerohedge
Dow closes more than 200 points lower, falls for a second straight week as recession fears grow – cnbc
Stocks making the biggest moves midday: Meta, Maxar Technologies, Ford, Goldman Sachs and more – cnbc
Novavax Plunges for Second Day; New Shares Are Priced at $10 – bbg
Crypto Exchange Bitvavo Says 280 Million Euros ‘Locked’ at DCG – Reuters
Tesla stock tumbles another 4%, capping off rough week for investors – yahoofinance
U.S. Bank Stocks Falter as Recession Worries Take Hold – Reuters
US Energy Department to Buy Oil to Replenish Emergency Reserve – bbg
Retail Investors Turn to ETFs as Recession Fears Knock Down Meme Stocks – Reuters
Crude Spikes After White House Says It Will Start Refilling Strategic Petroleum Reserve – Zerohedge
Fed Officials Reinforce Hawkish Message on Need for Higher Rates – bbg
Stock Market Timers Who Just Ponied Up $25 Billion Get Another Thrashing – bbg

 

US PREMARKET
U.S. Business Activity Slumps in December; Price Pressures Ease – S&P Global Survey – Reuters
US PMIs Scream Recession In December Flash Report – Zerohedge
Quant Hedge Funds Post Historic Returns in Ugly Year for Wall Street – bbg
Fed’s Williams: Possible Fed Will Hike More Than FOMC Terminal Rate Forecast – Reuters
Mass Wall Street Layoffs Officially Arrive: Goldman To Lay Off As Many As 4,000 Employees – Zerohedge
Goldman Sachs Set to Cut as Many as 4,000 Workers, Semafor Says – bbg
Futures Tumble Ahead Of $4 Trillion Quad Witch, 2nd Biggest Ever OpEx – Zerohedge
ECB’s Knot Says Fed Is Closer to End of Rate Hikes Than ECB – Reuters
Bitcoin Tumbles As Binance ‘Proof-Of-Reserves’ Removed From Auditor’s Site – Zerohedge
Mazars Group suspends all work with crypto clients including Binance, Crypto.com, citing concerns over public perception of proof of reserves – cnbc
Stocks making the biggest moves premarket: Accenture, Winnebago, Maxar Technologies and more – cnbc
Hawkish ECB Sparks Peripheral Spread Blowout… That The ECB Will Have To Bailout – Zerohedge
Britain Suffers Most Days Lost to Strikes Since Thatcher – bbg
“Markets Are Confusing A Collapse In Demand With An Improvement In Supply” – Zerohedge
U.S. Equity Funds Gain First Weekly Inflow in Four Weeks – Reuters
Fed’s High Inflation Forecast Baffles Wall Street After Soft CPI – bbg
Valuation Math Suggests Difficult Markets In 2023 – Zerohedge
Investors See Fed Policy Mistake Driving Hard Landing, BofA Says – bbg
Recession, or Recession-Ish? Fed Outlook for U.S. Walks a Fine Line – Reuters
Euro-Area Inflation at 10.1% Slowed Less Than Thought Last Month – bbg
Euro-Zone Business Activity Signals Milder Downturn Than Feared – bbg
Debt-Laden Italy Lashes Out at ‘Crazy’ ECB After Rate Hike – Reuters
UK Companies Brace for Recession as Manufacturing Slumps – bbg
UK Downturn Moderates in December but Recession Begins – PMI – Reuters
The New Year May Bring the Same Old Volatility – bbg
Bundesbank Sees German Economy Contracting Through Mid-2023 – bbg
Bundesbank Sees Recession, Higher Inflation in Germany – Reuters
German Downturn Eases Further, Lifting Some Gloom – Flash PMI – Reuters
European markets lower as investors digest central bank announcements – cnbc

Marketmind: Hanging Tough – Reuters
Take Five: Keeping the Lights On – Reuters

 

ASIA NEWS
China-HK Border Will ‘Fully Reopen’ Next Month, SCMP Reports – bbg
China Downgrades Omicron Risks To Seasonal Cold – Zerohedge
China Says It Will Step up Support for Economy in 2023 Amid COVID Pains – Reuters
China’s Covid Zero Exit Sees Analysts Rush to Adjust Forecasts – bbg
China Issues Plan to Increase Flights, Boost Air Passenger Volumes – Caixin – Reuters
Boost to China’s Economy from End of Covid Zero is Already Fading – bbg
China Hints at More Property Support as Economy Takes Priority – bbg

 

Thursday 12/15

Business Live – guardian
Analysis-No Santa Rally for Markets as Central Banks Dampen Peak Rate Hopes – Reuters

Adobe stock climbs on a more profitable quarter than predicted – cnbc
The 2 Largest Foreign Holders Dumped US Treasuries In October, Record Annual Equity Outflows – Zerohedge
US stocks were hit amid a global stock sell-off after central bank rate hikes and weak data – Newsquawk Asia-Pac Market Open
Wall Street Slumps as Fed Heightens Recession Fears – Reuters
Soft-Landing-Seers Slayed Amid Macro-Meltdown: Stocks Dump, Dollar Jumps – Zerohedge
Dow closes out its worst day in three months, falls more than 700 points as recession fears grow – cnbc
Junk Bond Markets Shouldn’t Fight the Fed, Vanguard’s Chang Says – bbg
Bridgewater’s Jensen Says China Reopening Adds Risk to US, European Growth – bbg
Stocks making the biggest moves midday: Netflix, Snap, Warner Bros. Discovery, AT&T, Novavax and more – cnbc
Russia’s Asian Oil Flows Show Signs of Wobbling After Sanctions – bbg
Russia Warns Of “Unpredictable” Spiral If US Sends Patriot Missiles To Ukraine – Zerohedge
Roblox shares sink after November update shows slowing growth – cnbc
Netflix Shares Slide On Report Of Underwhelming Ad-Supported Guarantees – Zerohedge
Novavax Tumbles on Cut to UK Covid Vaccine-Supply Deal, Capital Raising – bbg
Column-Don’t Fight the Fed? Someone Better Remind Markets: McGeever – Reuters
US Economy Shows Signs of Cooling Even as the Labor Market Holds Strong – bbg
Quants May Be Forced to Sell $30 Billion of Stock Futures as Markets Drop – bbg
Central Banks Ramp up Rates Again but the Pace Slows – Reuters
Morgan Stanley Slams The Fed’s “Inconsistent”, Contradictory Message – Zerohedge

 

 

US PREMARKET
Analysis-No Turning Back: Global Central Banks Vow to Stay the Course on Inflation – Reuters
Here Comes The Job Shock: Philadelphia Fed Admits US Jobs “Overstated” By At Least 1.1 Million – Zerohedge
Philly Fed Manufacturing Survey Shows Inflation Pressures at 27-Month Low – Reuters
US Factory Production Declines for First Time Since June – bbg
US Industrial Production Annual Growth Slowest Since March 2021 – Zerohedge
U.S. Manufacturing Output Dragged Down by Motor Vehicle Weakness – Reuters
Recession-Ready Bank Stocks Can Rally 50% Next Year, Wells Fargo’s Mayo Says – bbg
LVMH’s Big Tech-Like Stock Boom Is a Boon for Europe – bbg
U.S. Retail Sales Post Biggest Drop in 11 Months; Labor Market Tight – Reuters
US Retailers’ Unusual Request to Suppliers: Stop Sending New Products – bbg
US Retail Sales Post Biggest Decline in Nearly a Year – bbg
US Retail Sales Tumble In November As California ‘Anti-Inflation’ Stimmies End – Zerohedge
US Jobless Claims Unexpectedly Drop to Lowest Since September – bbg
Initial Jobless Claims Unexpectedly Tumble To 3 Month Low – Zerohedge
JPMorgan Lifts ECB ‘Terminal’ Rate Forecast to 3.25% From 2.50% – Reuters
“Anyone Who Thinks This Is A Pivot Is Wrong”: ECB Doubles Down On Hawkish Signals As it Hikes Into Recession – Zerohedge
Short-End Euro Zone Yields Surge, Euro Jumps as Lagarde Signals More Hikes – Reuters
ECB’s Lagarde Offers Back-To-Back Rate Hikes to Woo Dissenters – Reuters
ECB to Start Offloading Bond Holdings in March – Reuters
ECB Raises Inflation, Cuts 2023 Growth Projection – Reuters
ECB hikes rates, sees significant increases ahead as it announces plan to shrink balance sheet – cnbc
ECB Delivers Fourth Straight Increase but Slows Pace – Reuters
ECB Delivers Smaller Hike While Confirming Bond Retreat in March – bbg
Goldman Says Commodities Will Gain 43% in 2023 as Supply Shortages Bite – bbg
NVIDIA drops as HSBC says stock could plunge over 20%; initiates at Reduce – investing
Futures Slide As Hawkish Fed Halts Global Risk Rally – Zerohedge
Pound Extends Drop, Gilts Advance After BOE Rate Hike – bbg
Bank of England Raises Rates to 3.5%, Says Inflation Has Peaked – Reuters
Bank of England hikes key rate by 50 basis points, will continue to respond ‘forcefully’ if needed – cnbc
BOE Raises Key Rate a Half Point to 3.5%, Highest Since 2008 – bbg
SNB Dials Down Aggression With Half-Point Interest-Rate Hike – bbg
Powell Opens The Door To Higher Inflation Target “As Part Of A Longer-Term Project” – Zerohedge
German Wholesale Price Index Eases in November – Reuters
Musk Unexpectedly Sells $3.6 Billion In Tesla Stock In Last 3 Days – Zerohedge
Elon Musk’s Tesla Share Sales Could Point to Debt Help for Twitter – bbg
Elon Musk Sells at Least $3.58 Billion Worth of Tesla Shares – bbg
ECB to Slow Hike Pace as It Preps Market for QT: Decision Guide – bbg
European markets head for negative open after hawkish Fed comments – cnbc

 

Marketmind: Still a Ways to Go? – Reuters


ASIA NEWS
Asia-Pacific markets trade lower after Fed’s rate hike, signals more ahead – cnbc
China’s reopening brings both risks and opportunities, Asian Development Bank says – cnbc
Chinese Stock Delisting Threat Eases as US Gets Access to Audit Data – bbg
China Economic Activity Slumps With More Disruption to Come – bbg
J.P.Morgan Raises China’s 2023 Growth Forecast – Reuters
China’s Home Price Slump Persists as Buyer Demand Remains Weak – bbg
China’s retail sales shrink far more than expected, while industrial production disappoints – cnbc
‘Mother of All Pivots’ in 2023 Spurs Top Asia Fund to Eye Yen – bbg
China’s Equity Rally Needs Catalysts Beyond Reopening Headlines – bbg

Asian Stocks to Open Lower After Hawkish Fed View: Markets Wrap – bbg
Asian Equities Face Headwinds as Fed Hikes, Cuts Growth Forecast – bbg
Marketmind: ‘Substantially More Evidence’ – Reuters

Wednesday 12/14

Business Live – guardian

US stocks ultimately finished lower after the Fed delivered a widely expected 50bps hike – Newsquawk Asia-Pac Market Open
Another Big Reversal FOMC Day: Markets Call Hawkish Fed’s Bluff – Zerohedge
Stocks struggle after the Fed eases up on rate hikes – cnn live
S&P 500 snaps 2-day winning streak after Fed raises rates and signals more hikes next year – cnbc
Powell Opens The Door To Higher Inflation Target “As Part Of A Longer-Term Project” – Zerohedge
Bond Traders Dismiss Fed’s Hawkish Tone, Bet on 2023 Rate Cuts – bbg
Even Jerome Powell doesn’t know when the labor shortage will end – businessinsider
A Stunned Wall Street Reacts To The Unexpectedly Hawkish Fed – Zerohedge
Fed Raises Rates Another 50 Basis Points—Signals More Hikes To Come Next Year – forbes
Fed raises interest rates half a point to highest level in 15 years – cnbc
Fed Hikes Rates by 50 Bp, as Expected, Keeps Hawkish Tone – Reuters
FOMC Hikes By 50bps, Hawkishly Signals Rates Will Go Higher-For-Longer – Zerohedge
A Stunned Wall Street Reacts To The Unexpectedly Hawkish Fed – Zerohedge
Fed Policymakers See Interest Rates Higher, for Longer – Reuters
Summary of Economic Projections – fed
Securities Trader Charged in New York With Front-Running Employer’s Trades – Reuters
History Is Loud And Clear: This Is The Last Fed Hike – Zerohedge
Stocks making the biggest moves midday: SoFi Technologies, Charter Communications, Delta and more – cnbc
Morgan Stanley Sees Brent Crude Oil Back at Around $110/bbl by Mid-2023 – Reuters
Great SPAC Crash of 2022 Deepens as Investors Cash Out in Droves – bbg
Exclusive-U.S. to Remove Some Chinese Entities From Red Flag List Soon-U.S. Official – Reuters
Bitcoin Hits $18,000 for First Time Since Before FTX Bankruptcy – bbg
Russia’s Initial Response to Oil-Price Cap Holds Back From Retaliation – bbg

 

US PREMARKET
Drop in U.S. Import Prices Bolsters Hopes of Improving Inflation Outlook – Reuters
Tesla Continues Slow Bleed After Goldman Lowers Price Target – Zerohedge
Stocks making the biggest moves premarket: Delta, Tesla, Moderna and others – cnbc
Delta Expects Profit to Nearly Double Next Year on ‘Robust’ Air Travel Demand – Reuters
Germany to Issue Record €539 Billion in Federal Debt Next Year – bbg
FX Daily: Rate protests and credibility hazard – ING
In 60 Seconds Before CPI Hit, Heavy Trading Drove Mystery Rally – bbg
Inditex Profit Jumps as Zara Owner Lifts Prices – Reuters
Europe Imports Huge Amounts of Diesel With Russia Sanctions Near – bbg
Exclusive-ECB Sees Inflation Above Target Through 2025, Source Says – Reuters
What We Know as the ECB Gears Up to Reverse Years of Bond-Buying – bbg
German Recession Will Be Milder Than Expected: Ifo – Reuters
UK Inflation Eases More Than Expected From Highest in 41 Years – bbg
Binance CEO Zhao Warns Bumpy Road Ahead in Message to His Staff – bbg
China’s Covid Pivot Is Set to Worsen the Global Energy Crunch – bbg
European stocks head for mixed open as markets react to inflation data; Fed outcome ahead – cnbc

Marketmind: Reserve Judgment – Reuters
Marketmind: Messi – Reuters

 

ASIA NEWS
Asia-Pacific markets rise on cooler inflation print, ahead of Fed rate decision – cnbc
Asian Stocks Rose on U.S. Inflation Relief, but Wary of Fed – Reuters
China Will Take Steps to Spur Consumption – State Media – Reuters
China Emphasizes Domestic Demand in New 12-Year Growth Plan – bbg
China Asks Banks to Buy Bonds Via Prop Desks After Market Slump – bbg
Big Europe Funds Say China Stock Swings a Chance to Add Bets – bbg
China’s GDP unlikely to surpass U.S. in next few decades: JCER – asianikkei
Goldman Sachs Says EM Asia Currency Rally Can Continue Into 2023 – bbg
Morgan Stanley Raises China GDP Forecast on Reopening, Easing – bbg
Morgan Stanley upgrades its 2023 growth outlook for China, expects stronger and earlier rebound – cnbc
Covid Disrupts Life in Beijing as Key Government Events Canceled – bbg
Two of This Year’s Biggest Japan IPOs Set for Stock-Market Debut – bbg
New Zealand Forecasts 2023 Recession as Rates Rise – bbg
China’s New Covid Approach Is to ‘Let it Rip,’ Analyst Says – bbg

Asian Stocks Poised to Open Higher Ahead of Fed: Markets Wrap – bbg
Investors See Asian Stocks, Currencies Rising After US CPI Data – bbg

 

Tuesday 12/13

Business Live – guardian

Cool CPI sees stocks and bonds climb ahead of FOMC while dollar takes a dive – Newsquawk US Market Wrap
Soft CPI Sparks Chaos Ahead Of FOMC: Bonds, Bitcoin, & Bullion Bid; Stocks Skid – Zerohedge
Wall St Rises After CPI Data but Fed Concerns Persist – Reuters
Stock market today: Dow cuts gains but ends higher as Fed comes into focus – investing
Stocks close higher on cooler inflation report, notch second day of gains – cnbc
Wrong-Way Bets on Inflation Exposed Ahead of Fed Rate Decision – bbg
Retail Investors Slamming The Bid Amid Tax-Loss Selling Capitulation – Zerohedge
WTI Slides After Big Surprise Crude Build – Zerohedge
FTX Is ‘Lehman of the Crypto Industry’ With Damage Contained to Sector – bbg
Tesla Stock Rout Puts Market Cap Below $500 Billion – bbg
Oil Giants Set to Slash Overseas Growth Plans, Evercore Says – bbg
Stocks making the biggest moves midday: Moderna, First Solar, Pinterest, Norwegian Cruise Line and more – cnbc
Train Strikes Damage UK’s Retailers More Than Omicron – bbg
Wall Street Sees Energy Stocks Beating Market for a Third Year in 2023 – bbg
Investors Eye Year-End Rally as Stocks Pass Week’s First Test With Tame CPI – Reuters

 

US PREMARKET
Futures Storm Higher Ahead Of Last Most Important Datapoint Of 2022 – Zerohedge
Moderna Soars After Cancer Vaccine Collab With Merck Meets Primary Endpoint In Phase 2B Trial – Zerohedge
Wall Street Celebrates CPI’s ‘First Really Meaningful Beat’ – bbg
Cooling US Inflation and Its Impact on Fed: TOPLive Voices – bbg
Fed Seen Slowing Rate Hikes, Likely Ending Them Below 5% – Reuters
Bond Traders Now Lean Toward Quarter-Point Fed Hike in February – bbg
US Inflation Relief Is Finally Happening, Putting Fed Pause in View – bbg
U.S. Inflation Subsiding as Consumer Prices Rise Moderately in Boost to Economy – Reuters
Treasury Yields Slide as Traders Trim Fed-Hike Outlook on CPI – bbg
Powell’s ‘Most Important’ US Inflation Indicator Cools Again – cnbc
Nov U.S. CPI Cools Down, Spelling Relief for Markets – Reuters
Goodbye Inflation? CPI Misses Across The Board – Zerohedge
Consumer prices rose less than expected in November, up 7.1% from a year ago – cnbc
Here Are The Wildest Parts From Bankman-Fried’s SEC Allegations – bbg
SEC Says Sam Bankman-Fried Defrauded Investors of $1.8 Billion – bbg
Binance Hit by Crypto Outflows as FTX’s Fall Shakes Exchanges – bbg
Tesla Stock Has Never Been This Cheap — And It Could Still Drop Further – bbg
EU Seeks to Break Deadlock Over Capping Natural Gas Prices – bbg
JPMorgan’s Kolanovic Cuts Equity Allocation on Weak 2023 Outlook – bbg
UK Wages Jump at the Strongest Pace on Record Outside Pandemic – bbg
European markets head for positive open as investors await latest U.S. inflation reading – cnbc

Marketmind: Jockeying for Position – Reuters
Marketmind: Under Arrest – Reuters


ASIA NEWS
Asia-Pacific stocks climb as Hong Kong scraps Covid restrictions for incoming travelers – cnbc
Asian Stocks Waver Ahead of U.S. Inflation Data and Central Bank Rate Decisions – Reuters
China to Set Economic Plans Amid Shift From Covid Zero to Growth – bbg
Analysis-China’s Massive Older Chip Tech Build up Raises U.S. Concern – Reuters
BofA Survey Says Investors Are Less Gloomy on Growth Over China – bbg
China Braces for ‘Massive’ Covid Outbreak on Faster Reopening – bbg
Morgan Stanley Says Hedge China Reopening Trades on Growth Woes – bbg
Exclusive-China Readying $143 Billion Package for Its Chip Firms in Face of U.S. Curbs -Sources – Reuters
Hong Kong Scraps Monitoring for Arrivals, Contact Tracing App – bbg
Japan Weighs $1.1 Trillion Bond Risk for Banks If BOJ Pivots – bbg
China-HK to Start Quarantine-Free Travel in January, HK01 Says – bbg

Asia Stocks Take Positive Lead From US Before CPI: Markets Wrap – bbg
Marketmind: China’s Loan Danger – Reuters

 

Monday 12/12

Business Live – guardian

Oracle Sales Top Estimates on Growth at Cerner Health-Records Unit – bbg
Oracle Beats Quarterly Revenue Estimates – Reuters
Stocks, oil, and yields bounce into CPI – Newsquawk US Market Wrap
Stocks Panic-Bid Ahead Of CPI; Bitcoin, Bonds, & Bullion Dumped – Zerohedge
Dow closes more than 500 points higher to start the week as investors await Fed meeting, inflation data – cnbc
VIX Swing Shows Stock Trader Nerves Fraying Before CPI – bbg
Options Traders Brace for Big Swings as U.S. CPI Data, Fed Meeting Loom – Reuters
BlackRock’s Top Bet Is Shunning Sovereign Bonds in All Scenarios – bbg
Pfizer Sees $10 Billion-$15 Billion in Potential Revenue From MRNA Vaccines by 2030 – Reuters
Stocks making the biggest moves midday: Horizon Therapeutics, Coupa Software, Weber and more – cnbc
JPMorgan’s Trading Desk Sees S&P Rallying Up to 10% on Soft Inflation Data – bbg
Pre-CPI Jitters Spawn Ugliest 10Y Auction In 6 Years – Zerohedge
Vanguard Fixed-Income Chief Sees Good Year Ahead for Bonds — If You Pick the Right Ones – bbg
Americans Expected Waning Inflation Pressures, Rising Incomes in November – Reuters
Consumers see inflation easing considerably in the next year, New York Fed survey shows – cnbc
NY Fed 1-Year Inflation Expectations Plunge At Fastest Pace On Record To Lowest Since 2021 – Zerohedge
Inflation Expectations Decline Across All Horizons; Income and Labor Market Expectations Strengthen – nyfed
Europe’s Gas Market Faces Risks From EU Price Cap, Equinor Says – Reuters
World Debt-GDP Ratio Plummets But Remains Above Pre-Covid Level – bbg
IMF Says Global Debt Well Above Pre-Pandemic Levels Despite Steep 2021 Drop – Reuters
Crypto Winter End in Sight as Ethereum Looks to Shake the Chills Analysts – Reuters

Marketmind: 4×50 – Reuters


US PREMARKET
Stocks making the biggest moves in the premarket: Horizon Therapeutics, Coupa Software, Rivian and more – cnbc
Contained & cautious trade with catalysts limited ahead of US supply – Newsquawk US Market Open
Eurozone Target2 Economic Imbalances Soar, This Money Can’t Be Paid Back – Zerohedge
Oil Traders Pump a Record $500 Million Into One Fund as Prices Plunge – bbg
Inflation Was So Bad That It Even Crushed Inflation-Linked Bonds – bbg
Dovish Fed Will Send Oil Back To $100: BofA – Zerohedge
Brent Could Quickly Top $90/bbl on Fed Pivot, China Demand Recovery – BofA – Reuters
Amgen to Buy Horizon Therapeutics in $27.8 Billion Deal – bbg
Morgan Stanley, Goldman Say Earnings Are Biggest Risk for Stocks – bbg
Young Adults Living with Parents Fuel Luxury Boom, Morgan Stanley Says – bbg
What to Expect in the Last Consumer Price Inflation Report of the Year, and What’s Ahead – bbg
Microsoft’s LSEG Deal Opens Door to Lucrative Finance Market – bbg
Microsoft buys near 4% stake in London Stock Exchange and launches 10-year partnership – cnbc
US Inflation Will Be Much Lower by End of 2023, Yellen Says – bbg
New Front in ECB’s Inflation Battle to Bring Bargaining on Rates – bbg
Key Events In The Last Full Week Of The Year: All Eyes On CPI And The Fed – Zerohedge
Key events in developed markets THIS week – ING

Marketmind: Hunkering Down – bbg

 

ASIA NEWS
Hong Kong shares briefly drop 2% as investors look ahead to Fed meeting, U.S. inflation this week – cnbc
China’s Credit Expands at Slower Pace Than Expected in November – bbg
Asian Shares Slump, Dollar Firms Ahead of Central Bank Rate Hikes – Reuters
China Stocks Slide as Traders Take Profit After Sharp Recent Run – bbg
China, US Diplomats Discuss Taiwan During ‘In-Depth’ Talks – bbg
China to Further Relax Covid Measures, Beijing’s US Envoy Says – bbg
Chinese Property Firms Get New Offshore Loans From Big Banks – bbg
Korea Short-Term Debt Yields Fall for First Time Since 2021 – bbg
China Reopening May Boost Hong Kong’s GDP by 7.6%, Goldman Says – bbg
China’s Rapid Covid Reversal Sparks Whiplash as Cases Surge – bbg
China’s Markets Are Primed for Extreme Volatility in 2023 – bbg
Tokyo’s Broken Bond Market Needs More Than BOJ Tweaks to Heal – bbg

Asia Stocks to Open Down in Week of Rate Decisions: Markets Wrap – bbg

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