Daily News Links

8494 posts

Sunday, June 16, 2024

Evening

• ECB in no rush to discuss French bond rescue, sources say
  Reuters
• Israel warns of escalation from cross-border fire from Hezbollah
  Reuters
• Morning Bid: Bracing for Chinese data deluge
  Reuters
• Fed's Kashkari says it's 'reasonable' to predict a December rate cut
  Reuters
• How the US Mopped Up a Third of Global Capital Flows Since Covid
  Yahoo/Bloomberg

General

• Extreme heat to scorch central, southern US on Father’s Day
  CNN
• Global Rate-Cut Juggernaut Is Struggling to Start
  Yahoo/Bloomberg
• Emerging-Market Bond Rally Threatened as Hawkish Flags Multiply
  Yahoo/Bloomberg
• How Emmanuel Macron Lobbed a Grenade at the Hard-Right and Blew Up French Politics
  MSN/Telegraph
• Iran rebukes G7 statement over its nuclear programme escalation
  Reuters
• UK polls point to 'electoral extinction' for Prime Minister Sunak's Conservatives
  Reuters
• France is on the Brink of All-Out Civil Conflict
  MSN/Telegraph
• China views Taiwan's 'elimination' as national cause, Taiwan president says
  Reuters
• Investors Fear Long Stretch of Calm in Markets Can’t Last
  WSJ
• US executive pay rises at fastest rate in 14 years
  FT
• Taiwan’s Lai Ching-te calls on army to shed nationalist legacy to meet China threat
  FT

Saturday, June 15, 2024

General

• The Market Is Blowing Off What the Fed Is Saying About Rates
  Yahoo/Bloomberg
• World leaders join Ukraine summit in test of Kyiv's diplomatic clout
  Reuters
• Thousands Take to Streets in France to Oppose Le Pen’s Far Right
  Yahoo/Bloomberg
• Undeterred Houthi attacks squeeze international trade
  Axios
• US Says Houthis Seek Allies in Bid to Upend Global Shipping
  Yahoo/Bloomberg
• A powerful heat dome is just one of the extreme weather hazards coming next week
  CNN
• France, Germany, Britain condemn Iran's steps to expand nuclear programme
  Reuters
• Macron’s Election Gamble Gives Europe Brexit Nightmares Again
  Bloomberg
• Brazil's Lula stands by finance minister but rejects spending cuts targeting the poor
  Reuters

Friday, June 14, 2024

Evening

• Nasdaq manages 5th straight record high close; S&P 500 ends barely lower
  Reuters
• Global Traders Flood American Markets in Search for Safety
  Yahoo/Bloomberg
• US equity funds saw largest weekly outflow in 18 months ahead of Fed decision
  Reuters
• Foreign Investors Have Been Propping Up US Bond Market This Year
  Yahoo/Bloomberg
• $29 Trillion: That’s How Much Debt Emerging Nations Are Facing
  NYT
• The relentless rise of France’s far right
  FT
• G7 threatens China with further sanctions over Russia war support
  FT

General

• Traders Go Risk-Off as Anxiety Over France Deepens: Markets Wrap
  Yahoo/Bloomberg
• Yen Edges Lower, Bonds Gain Amid BOJ Policy Uncertainty
  Yahoo/Bloomberg
• French bonds and bank stocks rocked by political turmoil
  Reuters
• Macron Election Call Sends French Markets to Worst Week in Years
  Yahoo/Bloomberg
• European stocks fall as markets price in French political risk
  Reuters
• French Left Unveils Plan to Undo Macron Reforms and Defy EU
  Yahoo/Bloomberg
• French Finance Chief Warns Left-Wing Win Would Mean EU Exit
  Yahoo/Bloomberg
• BOJ to Cut Bond Buying in Normalization Step as Rate Held Steady
  Yahoo/Bloomberg
• BOJ’s Lack of Detail on Bond Buying Cuts Leaves Yen Vulnerable
  Yahoo/Bloomberg
• JPMorgan Sees Carry Trade Losing Appeal on Rising Volatility
  Yahoo/Bloomberg
• Fed Diverges From Global Peers in New Era of Higher for Longer
  Yahoo/Bloomberg
• Morning Bid: Consumer check, but don't forget France and Japan
  Reuters
• G7 vows action against 'unfair' China business practices
  Reuters
• Lebanon's Hezbollah reveals more of its arms in risky escalation
  Reuters
• Rescue underway for crew of Greek-owned vessel hit by Houthis, Philippines says
  Reuters
• China new bank loans rise far less than expected in May as demand wobbles
  Reuters
• Xi Has Few Options to Punish EU Without Starting Trade War
  Yahoo/Bloomberg
• Asian Consumer Demand for Gold Seen Staying Strong This Year
  Yahoo/Bloomberg
• The Hottest Investment for Hedge Funds Is Other Hedge Funds
  Yahoo/WSJ
• South Korea, US sound alarm over North Korea-Russia ties ahead of Putin visit
  Reuters
• China Credit Gets a Lift From Bond Sales as Loan Growth Slows
  Bloomberg
• Macron’s Gamble on Stopping Le Pen Now Risks Ushering Her to Power
  WSJ
• Russia’s Devastating Attacks on Ukraine’s Grid Spark Fears of Brutal Winter
  WSJ
• Macron’s party at risk of wipeout, say election projections
  FT
• China’s support for Russia is ‘long-term threat’ to European security, warns G7
  FT
• Bank of Japan to ‘significantly’ scale back bond buying in shift on ultra-loose policy
  FT
• Chinese companies rush to tap US convertible bond market
  FT
• Mario Draghi says Europe must not be ‘passive’ in face of China import threat
  FT

Thursday, June 13, 2024

Evening

• Asian Stocks Set to Fall, Yen Steady Ahead of BOJ: Markets Wrap
  Yahoo/Bloomberg
• G7 summit opens with deal to use Russian assets for Ukraine as Italy flexes its right-wing muscles
  AP
• Tropical rainstorms in South Florida lead to flight delays and streets jammed with stalled cars
  AP
• France’s Left Unites to Challenge Le Pen, Macron for Power
  Yahoo/Bloomberg
• Russians told to mobilise to inflict 'maximum harm' on West in response to sanctions
  Reuters
• Macron may have bitten off more than he can chew
  FT

Afternoon

• Nasdaq, S&P 500 post record closing highs for 4th day as tech boosts
  Reuters
• French Bond Rout Deepens as Spreads Hit Widest Since 2017
  Yahoo/Bloomberg
• Cost of insuring French government debt at 20 month high, as elections spook investors
  Reuters
• Oil Steadies as US Inflation Cools, Russia Vows to Cut Output
  Yahoo/Bloomberg
• Unrelenting rain puts South Florida at risk of 'life-threatening' flooding
  Reuters
• US submarine pulls into Guantanamo Bay a day after Russian warships arrive in Cuba
  AP

General

• Stocks Hold Firm as Traders Weigh Fed Path: Markets Wrap
  Yahoo/Bloomberg
• Treasury yields continue to tumble after PPI fell in May
  CNBC
• Oil softens on Fed rate decision, ample supply outlook
  Reuters
• Surge in French Bond Positions Shows Mounting Angst About Le Pen
  Yahoo/Bloomberg
• US producer prices unexpectedly fall in May
  Reuters
• The number of Americans filing for jobless benefits jumps to the highest level in 10 months
  AP
• Bond Market Splits From Fed Again by Betting on 2024 Rate Cuts
  Yahoo/Bloomberg
• Morning Bid: The day after the Fed
  Reuters
• South Florida Is Pummeled by Record Rainfall With More Downpours to Come
  Yahoo/Bloomberg
• Private Lenders Storm Public Bond Markets at Record-Setting Pace
  Yahoo/Bloomberg
• US Corporate Stockpiles Grow, Soaring to Record $4.11 Trillion
  Yahoo/Bloomberg
• Heavy rocket fire from Lebanon at northern Israel
  Reuters
• Israeli forces thrust deeper into Rafah as diplomacy falters
  Reuters
• Macron’s Dire Warnings About Le Pen May Not Work This Time
  Yahoo/Bloomberg
• Australia’s Unemployment Rate Drops to 4% as Hiring Persists
  Yahoo/Bloomberg
• Japanese Funds Sell Largest Amount of Foreign Debt in Nine Years
  Yahoo/Bloomberg
• Chinese Trader’s $20 Million Pile of Russian Copper Goes Missing
  Yahoo/Bloomberg
• How G-7 Nations Hope to Counter Russia and China’s Axis of Resistance
  Bloomberg
• Singapore Port Container Logjam Worsens as Ships Avoid Red Sea
  Bloomberg
• The Fed Holds Rates Steady and Predicts Just One Reduction This Year
  NYT
• Stung by Past Mistakes, a Wary Fed Takes Its Time
  WSJ
• A New Chinese Megaport in South America Is Rattling the U.S.
  WSJ
• Why Investors Don’t Believe the Fed
  NYT
• Why France’s far right is spooking markets
  FT
• Jay Powell sends mixed interest rate signal to borrowers — and Joe Biden
  FT
• European CLO issuance hits record rate as investors chase yields
  FT
• Russia halts foreign exchange trading as US sanctions sow confusion
  FT
• Germany to launch limited military service in push to be ‘war ready’
  FT

Wednesday, June 12, 2024

Evening

• S&P 500, Nasdaq post closing record highs after CPI, Fed
  Reuters
• Oil Gains as Risk-On Mood Outweighs Rising US Crude Inventories
  Yahoo/Bloomberg
• Fed Officials Dial Back Rate Forecasts, Signal Just One ‘24 Cut
  Yahoo/Bloomberg
• Fed keeps rates steady, sees just one 2024 cut despite inflation progress
  Reuters
• Fed Projects Just One Cut This Year Despite Mild Inflation Report
  Yahoo/WSJ
• Wall Street’s Rate-Cut Dreams Have to Wait as Fed Stays on Hold
  Yahoo/Bloomberg
• US Treasury posts $347 bln deficit for May
  Reuters
• Gaza ceasefire plan hangs in balance as US says Hamas seeking changes
  Reuters
• US expands Russia sanctions, targets chips sent via China
  Reuters
• BOJ to Weigh Bond Buying as Investors Seek Hints for July Hike
  Yahoo/Bloomberg
• ECB’s Nagel Says Euro-Zone Core Inflation Is ‘Still Very Sticky’
  Yahoo/Bloomberg
• China’s Once-Mighty Credit Cycle Is a Fading Force on World Markets
  Bloomberg
• Jerome Powell Is a Happy Federal Reserve Chief
  WSJ
• Iran-backed Houthis hit ship with sea drone
  FT
• Victory for French far right could trigger Liz Truss-style debt crisis, warns finance minister
  FT

Afternoon

• Fed holds rates steady, indicates only one cut coming this year
  CNBC
• Dollar Drops, Euro Surges as Focus Turns to Fed’s Rate Path
  Yahoo/Bloomberg
• Wall St up on inflation cheer; Apple reclaims title of world's most valuable company
  Reuters
• 10-year Treasury yield tumbles ahead of Fed decision after CPI is unchanged in May
  CNBC
• Traders See September Rate Cut in Play With Fed Decision Next
  Yahoo/Bloomberg
• Here’s the inflation breakdown for May 2024 — in one chart
  CNBC
• EU hits Chinese EVs with tariffs, drawing stern words from Beijing
  Reuters
• Gold rush to endure through 2024 though $3,000 mark may prove elusive
  Reuters
• Hezbollah vows to escalate attacks after Israel kills a top commander
  Reuters
• French Government Bonds Face Trouble as Elections Loom
  WSJ
• Hezbollah Fires Rocket Barrage Into Israel After Death of Commander
  WSJ

General

• US Stocks Poised for Gains After Inflation, Before Fed: Markets Wrap
  Yahoo/Bloomberg
• Peso Gets Crushed as Investors Worry Sheinbaum’s Win Was Too Big
  Yahoo/Bloomberg
• Oil Rises After Industry Data Points to Lower US Stockpiles
  Yahoo/Bloomberg
• French Bond Rout Upends Hierarchy in Europe’s Debt Markets
  Yahoo/Bloomberg
• Consumer prices unchanged in May and up 3.3% from a year ago
  CNBC
• Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation
  AP
• Fed expected to hold rates steady, project fewer cuts in 2024
  Reuters
• US Home-Purchase Applications Rise for First Time in Five Weeks
  Yahoo/Bloomberg
• Hedge Funds Ride the Momentum-Trade Wave to Net Gains Everywhere
  Yahoo/Bloomberg
• Japan May wholesale inflation jumps, complicates BOJ rate hike path
  Reuters
• China’s Weaker-Than-Expected Inflation Stokes Demand Concerns
  Yahoo/Bloomberg
• China's inflation steady, maintains pressure for more stimulus to boost demand
  Reuters
• China Weighs Ban on Bank Distribution of Hedge Fund Products
  Yahoo/Bloomberg
• China central bank promotes relending to speed up sales of housing stock
  Reuters
• EU probes into Chinese subsidies and imports
  Reuters
• Malaysian Central Bank Weighs New Measures to Stabilize Ringgit
  Yahoo/Bloomberg
• North Korea's Kim boasts of 'invincible' ties with Russia amid talks of Putin visit
  Reuters
• G-7 to Call on China to Stop Helping Russia’s War in Ukraine
  Bloomberg
• What to Watch as the Fed Meets
  NYT
• Buyers Snap Up Aging and Empty Office Buildings for Deep Discounts
  NYT
• Hezbollah Fires Rocket Barrage Into Israel After Death of Commander
  WSJ
• Emmanuel Macron appeals for rivals to join his fight against ‘extremist fever’
  FT
• ECB flags euro risks from Russia as global forex reserves dip
  FT
• Why Europe must safeguard its global currency status
  FT
• EU to hit Chinese electric cars with tariffs of up to 48%
  FT
• Philippines says China poses ‘existential’ threat in South China Sea
  FT

Tuesday, June 11, 2024

Evening

• Nasdaq, S&P 500 post record closing highs as Apple soars
  Reuters
• Bond Traders Quick to Abandon Long Wagers Before Fed Meeting, CPI Data
  Yahoo/Bloomberg
• Le Maire Warns of French Debt Crisis If Le Pen’s Party Wins Vote
  Reuters
• Israel claims Hamas rejected hostage and ceasefire deal proposal
  Axios
• Amazon Commits $1.4 Billion to Build 14,000 Affordable Homes
  Bloomberg
• Macron’s Call for Elections in France Adds to Fears of Financial Woes
  NYT

Afternoon

• Wall St slips ahead of inflation report, Fed decision; Apple rebounds
  Reuters
• Mexican Peso Adds to Losses as AMLO Pushes for Fast Judicial Reform
  Yahoo/Bloomberg
• Treasuries Climb After Strong $39 Billion US Sale: Markets Wrap
  Yahoo/Bloomberg
• Macron’s Election Gamble Triggers Chaos and Anger Inside His Party
  Yahoo/Bloomberg
• US Weighs More Limits on China’s Access to Chips Needed for AI
  Yahoo/Bloomberg

General

• Traders Head for Safety as Anxiety in Europe Grows: Markets Wrap
  Yahoo/Bloomberg
• Macron Resignation Rumors Denied After French Bonds Tumble
  Yahoo/Bloomberg
• Oil Holds Gain Ahead of Fed Rate Decision and Market Reports
  Yahoo/Bloomberg
• US small business sentiment up in May
  Reuters
• Morning Bid: Apple's AI push and the trouble with Europe
  Reuters
• Dockworkers Cancel Bargaining, Threaten Strike at U.S. Seaports
  MSN/WSJ
• Fed’s Higher-for-Longer Stance Hits Firms That Expected Rate Cut
  Yahoo/Bloomberg
• Miami Faces Flood Threat With Heavy Rain Poised to Lash Florida
  Yahoo/Bloomberg
• French conservatives' chief wants election deal with far-right, in major shift
  Reuters
• BOJ Expected to Weigh Bond Buying Cuts as Rate Hike Timing Nears
  Yahoo/Bloomberg
• Australian Business Confidence Turns Negative, Prices Pick Up
  Yahoo/Bloomberg
• Pimco Warns of More US Regional Bank Failures on Property Pain
  Yahoo/Bloomberg
• Hedge Funds Pile Into Copycat Quant Trades They Once Derided
  Yahoo/Bloomberg
• On the Israel-Lebanon Border, a War is Unfolding in Slow Motion
  MSN/WP
• Russia begins second stage of tactical nuclear weapon drills with Belarus
  Reuters
• What Europe’s Rightward Shift Means for Macron
  Bloomberg
• Chinese Developers’ Troubles Continue as Dexin Gets Liquidated
  Bloomberg
• Fed Is in No Rush to Cut Rates as Economy Holds Up
  NYT
• Investors ditch French stocks and bonds amid election nerves
  FT
• Investors on Tenterhooks for Fed’s Latest Rate-Cut Projections
  WSJ
• EV Trade War Could Spread to Luxury Cars
  WSJ
• Why Emmanuel Macron went all in against Marine Le Pen
  FT
• How does ‘cohabitation’ work in French politics?
  FT
• The US budget is like an aggressive leveraged finance deal
  FT
• US Fed will cut rates just once this year, say economists
  FT

Monday, June 10, 2024

Evening

• Indexes edge up ahead of Fed meeting, CPI
  Reuters
• Emerging Currencies Drop as EU Elections Add to Political Risks
  Yahoo/Bloomberg
• Oil prices up 3% to one-week high on hopes of higher summer fuel demand
  Reuters
• Bond Traders Will Follow the New Fed Dots All the Way Into 2025
  Yahoo/Bloomberg
• Higher Coupon Payments Keeping Demand for Credit High, BofA Says
  Yahoo/Bloomberg
• France's far-right National Rally projected to win snap election without absolute majority
  Reuters
• Consumer expectations for stocks hit three-year high in May
  Yahoo Finance
• Home equity is near a record high. Tapping it may be tricky due to high interest rates
  CNBC
• Welcome to the Era of the A.I. Smartphone
  WSJ
• Emmanuel Macron’s high-stakes gamble
  FT
• French parties reject Macron’s offer for alliance against far right
  FT
• The big threat to dollar dominance is American dysfunction
  FT

Afternoon

• Wall St cautious ahead of key inflation data, Fed meeting
  Reuters
• French Bank Stocks Lead Market Drop After Macron Calls Snap Vote
  Yahoo/Bloomberg
• Oil Extends Recovery With Traders Eyeing Demand Data, Fed
  Yahoo/Bloomberg
• French parties scramble to prepare for snap ballot, weigh prospect of far-right rule
  Reuters
• Le Pen and Bardella: France's far-right double act zero in on power
  Reuters
• Le Pen’s 28-Year-Old Political Heir Faces a Make-or-Break Moment
  Yahoo/Bloomberg
• Mexico investors worry lopsided vote could threaten rule of law
  Reuters
• Long-dated Treasury holdings downsized as Fed faces tough inflation choices
  Reuters
• ECB could wait several meetings between rate cuts, Lagarde says
  Reuters
• Oil to rise to $86 per barrel this quarter on 'solid summer demand,' Goldman says
  Yahoo Finance

General

• Fallout From European Election Hits Euro, Bonds: Markets Wrap
  Yahoo/Bloomberg
• French shock election news adds to unease in event-packed week
  Reuters
• Euro and French markets roiled by shock Macron election call
  Reuter
• Emerging Currencies Drop as EU Elections Add to Political Risks
  Yahoo/Bloomberg
• Oil Steadies After Weekly Loss as Market Looks Ahead to Fed Rate
  Yahoo/Bloomberg
• Gold is getting harder to find as miners struggle to excavate more, World Gold Council says
  CNBC
• Morning Bid: Rates and politics cast a shadow over markets
  Reuters
• Asset Managers Ramped Up Bearish US Dollar Bets at the Wrong Time
  Yahoo/Bloomberg
• Macron gambles on snap election to fight far-right surge
  Politico
• France faces 'consequential' election as far-right rout prompts Macron gamble
  Reuters
• Explainer: From trade to climate, five takeaways from the EU election
  Reuters
• Eyeing showdown with Hezbollah, Israel presses shadow campaign in Syria
  Reuters
• Nagel Suggests ECB Won’t Necessarily Cut Rate Again Anytime Soon
  Yahoo/Bloomberg
• Japan's service sector mood hits nearly 2-year low in May
  Reuters
• Canada Consumer Confidence Hits 2-Year High As Pessimism Falls
  Reuters
• The Shortcut That Allows Risky Startups to Raise Billions From Rookie Investors
  WSJ
• Markets hit as Macron calls snap French election after Le Pen’s EU vote victory
  FT
• Political heat gives central bankers pause for thought on interest rate cuts
  FT
• Iran promotes hardliners as presidential candidates
  FT