TOP NEWS: Week 07/10 – 07/16

Weekend 07/15 & 074/16

Global Stocks Soared $1.5 Trillion This Week – Now 102% Of World GDP – Zerohedge
Overconfident traders wind up on the wrong side of a $30 billion bank bloodbath – businessinsider

 

 

Friday 07/14

Investor relief as US rate hike expectations fade – business live – guardian

Markets Worry Trump May Have to Use Obama’s Secret Debt Ceiling Plan – Bloomberg
US Consumers Reeling: Core Retail Sales Post Weakest Growth In Over Three Years – Zerohedge
J.P. Morgan’s profit and revenue top estimates – Marketwatch

Global Shares Hit Another Record High In Lethargic Session Ahead Of US Data Deluge – Zerohedge
Canada just started lifting rates but a property bubble bursting could derail everything – businessinsider
Exclusive: ECB wary of putting end-date on quantitative easing – sources – Reuters
Venezuela is at risk of losing an entire generation – businessinsider
Five Things You Need to Know to Start Your Day – Bloomberg

 

 

Thursday 07/13

Business Live – guardian

The Striking Reason Why The US Just Spent A Record $429 Billion In One Month – Zerohedge
Bank of Canada Gives Indebted Consumers a Vote of Confidence – Bloomberg
Italy’s Poor Almost Triple in a Decade Amid Economic Slumps – Bloomberg
This Is China’s Real Economic Problem – Bloomberg
Artificial intelligence is going to change every aspect of your life – here’s how to invest in it – businessinsider
‘Transitory’ – Core Producer Price Inflation Falls Back Below Fed Mandate – Zerohedge

Draghi to Attend Fed’s Jackson Hole Just Before Key ECB Decision – Bloomberg
ΙMF Rings The Alarm On Canada’s Economy – Zerohedge

Canada hikes rate for first time in seven years despite red hot housing market – cnbc
MSCI world index hits record high as Yellen sounds less-than-hawkish – BL
5 Things You Need to Know to Start Your Day – Bloomberg
Bank of Korea Raises Growth Forecast, Keeps Rates Steady – Bloomberg

China June Trade Data Buoyed by Robust Demand at Home and Abroad – Bloomberg
China foreign direct investment up 2.3%: Xinhua – Marketwatch

 

 

Wednesday 07/12

Business Live – guardian

Fed’s Beige Book: Economic Growth Is ‘Slight to Moderate’ – barrons
Fed’s Beige Book Warns Of Declining Auto Sales, Sees Rising Benefit Costs Limiting Wages – Zerohedge
Loonie Spikes After Bank Of Canada Raises Rates For The First Time Since 2010… As Expected – Zerohedge
Yellen Keeps a Gradual Rate-Hike Outlook as Inflation Puzzles the Fed – Bloomberg
“Canada Is In Serious Trouble” Again, And This Time It’s For Real – Zerohedge
Dollar Extends Losses on Go-Slow Fed; Bonds Rally – Bloomberg
OPEC’s First 2018 Outlook Shows It’s Still Pumping Too Much Oil – Bloomberg
Bank Rescues Leave Sweden Questioning Point of Post-Crisis Union – Bloomberg
Fears of a ‘utility death spiral’ could be slowly killing solar power – businessinsider

5 Things You Need to Know to Start Your Day – Bloomberg

 

 

Tuesday 07/11

Business Live – guardian

Wholesale Sales Tumble For 3rd Straight Month, Inventories Build – Zerohedge
IMF sees trouble ahead for emerging Europe – Reuters
China’s $800 Billion Sovereign Wealth Fund Seeks More U.S. Access – nyt
The Fed’s plan to shrink its $4.5 trillion balance sheet leaves open 2 crucial issues – businessinsider
New report says millennials are broke because they’re making choices out of order – cnbc

Italy’s Production Rises More Than Expected, Boosting Outlook – Bloomberg

Euro zone yield rise resumes as focus shifts to Fed’s unwind – Reuters
Oil prices fall as banks cut price forecasts – cnbc
Goldman Warns Oil Could Plunge Below $40 Absent OPEC “Shock And Awe” – Zerohedge

Bank stocks are about to face another major hurdle – cnbc
India’s Sensex, Nifty Extend Records on Rally in Software Shares – Bloomberg

 

 

Monday 07/10

German trade surplus widens as exports beat forecasts – business live – guardian

“… A Recession Has Always Followed”: Is This The Real Reason The Fed Is Suddenly Panicking – Zerohedge
Surprise: Emerging Government Bonds Pay More Than Corporates – Bloomberg

JEFF GUNDLACH: Treasurys getting close to some ‘big levels’ – businessinsider
The World’s Biggest Bear Calls It: “We Have Finally Hit The Peak Of The Cycle” – Zerohedge
The Big Downgrade That Fueled the Subprime Crash – Bloomberg

Aramco to Spend $300 Billion, CEO Warns on World Oil Supply – Bloomberg
Deutsche Bank Warns “Markets Seem To Have Entered Frothy Territory (If Not Being In A Bubble)” – Zerohedge
Dollar hits two-month high against yen as bond-yield gap exploited – Marketwatch

Oil Fields Pumping Third of World Supply Die Fastest in 24 Years – Bloomberg
Japanese Funds Pile Into U.S., Europe Bonds Before Selloff – Bloomberg
Key Events In The Coming Week: All Eyes On Yellen, CPI And Retail Sales – Zerohedge
India’s Sensex Rises to New High as Technology Stocks Lead Rally – Bloomberg

Five Things You Need to Know to Start Your Day – Bloomberg
ECB Patience Endures for Now as Villeroy Awaits Change of Season – Bloomberg
China’s Bond Trading Takes on a New Twist – Bloomberg
China’s Faltering Inflation Rebound Is a Worry for the Rest of the World – Bloomberg
Xiaomi’s Bold Plans May Need Cash – Bloomberg

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