It’s all about China

Het is een en al China wat de klok slaat voorbeurs

The AEX indication -0.6% and almost everything and every is lower on… China unrest spooks markets, oil tumbles and bond traders prepare for recessionheadlines Bloomberg.

  • European futures open around -0.5%
  • The US is 0.6% lower
  • In Asia, the Chinese markets are up to 2% lower, but are recovering. Tencent ranks -1.4% in Hong Kong. Everything is red in Asia
  • The volatility (CBOE VIX Index) is +0.4% at 20.5, which is not too bad
  • The dollar is flat at 1.0381
  • Gold is down 0.1%, oil is down 3.5% (poor oil stocks) and crypto is also down that order of magnitude

The image, the Chinese CSI 300 Friday and tonight:

Interest rates are holding low except for one. There is a rally in US Treasuries. Nevertheless, there is no strong ride in the dollar and gold may be disappointing.

Unrest in China is also new to the markets. This is what Wall Street, to my knowledge and in my estimation the medium with the best resources in China. Nothing about numbers of demonstrators, possible arrests or reactions. In fact, everything is unclear.

The source:

Something with the economy, it is said that China mainly affects the oil price. In any case, it is at the lowest level this year:

The recent rallies in Hang Seng and Hang Seng Tech Index now also seem to be stifled. A two-year chart indeed, as the bear market has been going on for a long time in Hong Kong:

Gold (orange) hardly responds to the vicissitudes, but crypto is also said to be lower.

And so this section is still quite full, because there are no figures and there is hardly any news on the Damrak and actually the general stock exchange. The agenda is empty today. We do it this week with purchasing managers indices, US labor market data and inflation figures from Europe and Fed chairman Jerome Powell gives a speech.

After this week, we are left with only US inflation and Fed and ECB interest rate decisions for this year. And hopefully no profit warnings. Hereby the German inflation for November of this week. See those consumer prices on a monthly basis, down. Recession…

News, advice, shorts and agenda

The most important ABM Financial news since the Amsterdam closing yesterday.

  • 08:10 Unrest in China is expected to depress opening AEX
  • 07:58 JPMorgan chooses AB InBev over Heineken
  • 07:56 Brenntag confirms talks with Univar
  • 07:06 European stock markets are expected to open lower
  • 07:02 WDP secures credit of 440 million euros
  • 06:49 Stock market agenda: macroeconomic
  • 06:48 Exhibition agenda: Dutch companies
  • 06:48 Stock market agenda: foreign funds
  • Nov 27 Investors await US jobs report
  • Nov 27 Currencies: European inflation data and US job data set direction
  • 08:10 Unrest in China is expected to depress opening AEX
  • 07:58 JPMorgan chooses AB InBev over Heineken
  • 07:56 Brenntag confirms talks with Univar
  • 07:06 European stock markets are expected to open lower
  • 07:02 WDP secures credit of 440 million euros
  • 06:49 Stock market agenda: macroeconomic
  • 06:48 Exhibition agenda: Dutch companies
  • 06:48 Stock market agenda: foreign funds
  • Nov 27 Investors await US jobs report
  • Nov 27 Currencies: European inflation data and US job data set direction

Analyst advice:

Heineken: to neutral from overweight and to $100 from $120 – JPMorgan

The AFM reports these shorts:

The shorts in PostNL still tend to be lower:

The agenda is very thin:

10:00 Money supply – October (eur)

And then this

Reuters with the inventory:

Bloomberg:

China is being blamed everywhere today in the markets:

For those following closely:

Real estate… There’s more Chinese news:

China is a tricky story:

An island further on it is also malaise:

We almost forgot that…

And then the rest will follow automatically?

Have fun and good luck today.

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