TOP MARKETS NEWS: Week 12/14 – 12/20

Weekend 12/19 & 12/20

Airlines on track to get $15 billion in federal aid, must call back more than 30,000 furloughed workers – cnbc
Vote On $900BN Stimulus Package Imminent After Senators Reach Deal On Fed Powers – Zerohedge
Biden Introduces His “Climate Team”, Promises 500,000 New EV Charging Stations – Zerohedge
Record 41% Of European IG Bonds Have Negative Yields As ECB Buys Quarter Of All Eligible Corporate Bonds – Zerohedge
Bitcoin Surges Above $24K, Shrugging Off US Treasury Custody Comments – Zerohedge
“A Year Like No Other”: 20 Charts Showing The Insanity Unleashed By Central Banks – Zerohedge
When Money Dies, 100 Years Later – Zerohedge

 

 

Friday 12/18

Business Live – guardian

Tesla jumps 6% in heavy volume ahead of S&P 500 entry, stock then falls a bit in after hours – cnbc
Dow falls more than 100 points as lawmakers struggle to seal last-minute stimulus deal – cnbc
Fed Allows Banks To Restart Buybacks After 2nd Stress Test – Zerohedge
Traders brace for wild action and historic volume ahead of Tesla’s entry into the S&P 500 – cnbc
Plunge In Retail Sales Shows Vulnerable Consumer: Personal Savings Rate Is Overstated – Zerohedge
German business morale rises unexpectedly in December – Reuters
Retail traders leave Wall Street for dust in 2020 stocks rally – Reuters
Japan raises GDP outlook for FY2021 on lift from stimulus package – Reuters
Analysis: Reopening rally? Speculative bubble? These days, it’s hard to tell – Reuters
UBS Chief Economist: There Is No Inflation, Consumers Are Just Imagining It – Zerohedge
Philips buys U.S. cardiac care company BioTelemetry in $2.8 billion deal – Reuters
Goldman’s European Traders Summarize The “Unforgettable” 2020 In 10 Charts – Zerohedge
Asia shares retreat from record, but U.S. stimulus hopes buoy market mood – Reuters
Japan’s consumer prices fall at fastest pace in decade, stoke deflation fears – Reuters
Factbox: Wall Street braces for Tesla’s S&P 500 debut – Reuters
Tesla heads to the S&P after meteoric rise and some investors want more – Reuters
Tesla to see unprecedented trade ahead of S&P 500 debut – Reuters

 


Thursday 12/17

Business Live – guardian
What Traders Need To Know About The Historic S&P 500, Nasdaq 100 Rebalancing – yahoofinance

F.D.A. Panel Endorses Moderna’s Covid-19 Vaccine – nyt
Stocks making the biggest moves after hours: FedEx, United States Steel, Scholastic & more – cnbc
FedEx beats quarterly earnings and revenue estimates but cites continued uncertainty of Covid pandemic – cnbc
Hill leaders struggle to finalize deal amid looming shutdown threat – cnn
In the face of 2021 tax-rate uncertainty, tax planning matters even more – russellinvestments
Stocks close at record highs as traders bet that a fiscal stimulus deal is coming – cnbc
Edmunds Dubs Ford Mach-E “Best Luxury EV” And “Vastly Superior” To Tesla Model Y – Zerohedge
Coca-Cola will cut 2,200 jobs worldwide as part of restructuring plan – cnbc
The stock market will face a big test early in 2021 with the Georgia runoffs – cnbc
Manhattan Apartment Prices Just Crashed To 10 Year Lows – Zerohedge
FX Risk Rally Continues as Stimulus Prospects Grow – bk
Stocks making the biggest moves midday: Roku, Lennar, Rite Aid, Warner Music & more – cnbc
Goldman Says Tesla Inclusion Won’t Make S&P 500 Much Pricier – Bloomberg
Robinhood Pays $65 Million To Settle Sales Of Retail Orders To Frontrunning HFTs – Zerohedge
Initial Jobless Claims Surge To Highest In Almost 4 Months – Zerohedge
Bank of England Leaves Rates, Asset Purchases On Hold Ahead Of Brexit Conclusion – Zerohedge
Euro zone inflation confirmed as negative in Nov for fourth month – Reuters
European new car sales drop by 13.5% y/y in November – ACEA – Reuters
Asia-Pacific stocks edge higher as U.S. Fed commits to continuing to support the economy – cnbc

Wednesday 12/16

Business lIve – guardian
Bitcoin Reaches New Record High, Tops $20k For First Time – zerohedge
Bitcoin breaks above $20,000 for the first time ever – cnbc

S&P 500 inches higher amid stimulus hopes, Fed commitment to keep supporting economy – cnbc
Fed Ups Growth Forecasts, Dollar Slide Continues – BK
China rental company’s shares have cratered 76% this year as the shine of debt-fueled growth fades – cnbc
Fed extends pandemic-related dollar ‘swap’ lines for 9 other central banks – Reuters
Fed raises its economic outlook slightly, sees 4.2% growth next year and 5% unemployment rate – cnbc
Fed commits to keep buying bonds until the economy gets back to full employment – cnbc
Giant “Bitcoin Whale” Emerges With Transformational $1 Billion Stake, Backing From Legendary Traders – zerohedge
Stocks making the biggest moves midday: Tilray, Twitter, United Airlines, Chipotle, Moderna & more – cnbc
Small Caps Tumble After JPMorgan Warns ‘Equity Rally Is Overdone’ – zerohedge
CME Group to Launch Ether Futures on February 8, 2021 – CME
US PMIs Slow In Early December Data As Services Slump, Prices Soar – zerohedge
US Retail Sales Disappoint, Tumble Most Since April – zerohedge
German coronavirus deaths hit new high as lockdown starts – Reuters
From finance to fish: Everything you need to know about a no-deal Brexit – cnbc
EZ Data Beats Big; EURUSD Takes Out 1.2200; Is Risk Ready to Rumble? – bk
Tilray And Aphria To Merge And Form World’s Largest Cannabis Company – zerohedge
Amazon and two other Nasdaq 100 stocks to watch ahead of index rebalancing, traders say – cnbc
Stocks peak on vaccine, U.S. stimulus and Brexit deal hopes; dollar slumps – Reuters
Euro zone business activity ‘close to stabilizing’ in December despite Covid lockdowns – cnbc
Euro zone economy exceeded expectations in Dec but still shrank -PMI – Reuters
Chinese chipmaker SMIC falls 5% as co-CEO plans to resign and it faces removal from MSCI indexes – cnbc
Stock index giant MSCI to remove some Chinese stocks under U.S. pressure – cnbc
Goldman Upgrades Exxon To Buy For The First Time In Four Years As Cycle Begins To Turn – zerohedge

Tuesday 12/15

Business Live – guardian

Dow jumps more than 300 points on stimulus optimism, S&P 500 snaps 4-day losing streak – cnbc
Goldman Sachs CEO expresses concern about market euphoria driven by small investors buying IPOs – cnbc
EU moves to rein in U.S. tech giants with threat of fines, break-up – Reuters
How Fed Easing Could be DXY Positive – bk
Auto industry wants more government support for electric vehicles – cnbc
Apple shares rise on report it’ll boost iPhone production 30% next year – cnbc
20 stocks ripe to surge in 2021 because of 3 big tech trends: analyst – yahoofinance
The Best Stocks To Buy In 2021 – forbes
FDA staff backs emergency use of Moderna’s Covid vaccine in a critical step toward approval – cnbc
Stocks making the biggest moves in the premarket: Prevail Therapeutics, Moderna, Apple, Pinterest & more – cnbc
Unemployment spikes to 4.9 per cent as a record 370,000 are made redundant in three months – dailymail
Credit Suisse postpones 10%-12% return on tangible equity ambition – Reuters
European markets head for lower open as coronavirus, Brexit remain in focus – cnbc
Asian stocks dip to one-week lows as infection fears curb vaccine optimism – Reuters
The Commodities Feed: More lockdowns begin to weigh on markets – ing
China’s factory recovery steps up as export, consumer demand grows – Reuters
China c.bank injects record 950 bln yuan of medium-term funds after bond defaults – Reuters

 

 

Monday 12/14

Business Live – guardian
Stocks Slide As NYC Mayor Warns ‘Prepare For Possibility Of Full Shutdown’ – zerohedge
Coronavirus Is Surging: How Severe Is Your State’s Outbreak? – npr

Electoral College Affirms Biden Victory As Trump Continues Baseless Challenges – npr
BofA Lists “Five Volatility Inducing Surprises” For 2021 – zerohedge
Deutsche Bank strategist hasn’t seen investors agree this much in 25 years – yahoofinance
Global contagion? Analysts predict what a no-deal Brexit could mean for markets – cnbc
Exxon Mobil begins defense of itself, and a Big Oil future, as activists circle – cnbc
Second $1,200 stimulus checks are not in the new $908 billion relief proposal. Some are calling for that to change – cnbc
Uranium Stocks Soar After World’s Highest-Grade Uranium Mine Suspends Operation Due To COVID – zerohedge
Dow and S&P 500 slip as traders weigh vaccine optimism with fears of new year-end restrictions – cnbc
Big Events this Week, What Does it Mean for FX? – bk
Goldman Sees SPAC Frenzy Unleashing $300 Billion In Takeovers Next Year – zerohedge
EU’s Barnier says UK trade deal still possible – Reuters
Historic stock market volume is likely this week as Tesla goes into the S&P 500 – cnbc
Expect The Most Evictions In History As Ban Expires – zerohedge
European shares cheer Brexit trade talks extension; AstraZeneca drops – Reuters
AstraZeneca shares sink 8% after $39 billion Alexion buyout – Reuters
Saudis Reveal Tanker Blast A “Terror Attack” By Booby-Trapped Boat Bomb – zerohedge
China stocks rebound on policy support hopes – Reuters
Here Is The Little-Known Provision In The CARES Act That Could Trigger A Year-End “Selling Deluge”- zerohedge
Japan shares end higher on vaccine roll-outs, BOJ tankan – Reuters
Key Events In The Coming Busy Week: Central Banks Close Out With A Brrrr – zerohedge