Daily News Links

8615 posts

Saturday, June 29, 2024

General

• France is facing an election like no other. Here’s how it works and what comes next
  AP
• Macron Heads Into Election Showdown as Le Pen Looks Hard to Beat
  Yahoo/Bloomberg
• Tech boom leads global markets through first half of 2024
  Reuters
• US intel indicates war between Israel and Hezbollah inching closer
  Politico
• Russia presses its offensive in Ukraine and issues new threats as the West tries to blunt the push
  AP
• Khamenei protege, sole moderate to battle in Iran's presidential run-off
  Reuters
• Economic Cracks Are Getting Exposed in the 2024 Market Bounty
  Bloomberg
• ECB’s Holzmann Says Inflation’s Stickiness Underestimated: Pulso
  Bloomberg
• AI Frenzy Propels Stocks to Monster First Half
  WSJ
• ECB faces speculation over market intervention after French elections
  FT
• Marine Le Pen and Jordan Bardella — the French far right’s dream ticket?
  FT
• How not to blow up your bond market
  Ft

Friday, June 28, 2024

General

• Stocks Gain as Focus Turns From Debate to Data: Markets Wrap
  Yahoo/Bloomberg
• Oil Hits Two-Month High as Mideast Tensions Rattle Market
  Yahoo/Bloomberg
• Euro on track for biggest monthly fall since January, dollar breaks 161 yen
  Reuters
• Gold eyes quarterly gain; spotlight on US inflation data
  Reuters
• Morning Bid: Parsing Biden TV flop, France poll, PCE time
  Reuters
• Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
  CNBC
• Le Pen’s Far Right Solidifies Its Lead Before French Vote
  Yahoo/Bloomberg
• France's far-right National Rally seen winning 37% of vote in first election round
  Reuters
• France's Le Pen expects clear far-right win and power over Macron
  Reuters
• Israel and Hezbollah Lurch Closer to War
  Yahoo/Bloomberg
• AI and heat waves pose dual threats to the power grid: Morning Brief
  Yahoo Finance
• Tokyo Inflation Quickens, Output Gains Keeping BOJ on Hike Path
  Yahoo/Bloomberg
• China urges U.S. to stop supporting the Philippines' 'provocations'
  Reuters
• Philippines, Japan foreign and defence ministers to meet July 8 in Manila
  Reuters
• Macron’s Approval Plunges Just Two Days Ahead of French Election
  Bloomberg
• Wall Street Seems Calm. A Closer Look Shows Something Else.
  NYT
• Macron Runs France Like a CEO. His Customers Aren’t Happy.
  WSJ
• America’s Frozen Housing Market Is Warping the Economy
  WSJ
• It’s the Busiest Air-Travel Day Ever. That’s Happening a Lot Lately.
  WSJ
• The dazzling rise and fall of Macronism
  FT
• IMF warns US must ‘urgently’ address debt burden
  FT
• Defaults on leveraged loans soar as BoE warns on private equity’s ‘challenges’
  FT
• Wall Street’s last remaining bears struggle to convince optimistic clients
  FT

Thursday, June 27, 2024

General

• Stocks Slip Ahead of Data as Micron Plunges: Markets Wrap
  Yahoo/Bloomberg
• Oil edges higher as Middle East risks offset US demand concerns
  Reuters
• Asian Currencies Slump to Lowest Since 2022 on Dollar Strength
  Yahoo/Bloomberg
• Bruised yen mired near multi-decade low with eye on intervention
  Reuters
• Micron’s Selloff Shows Risk of Sky-High AI Expectations
  Yahoo/Bloomberg
• ‘A disastrous event’: All-out war between Israel and Hezbollah could devastate both sides
  CNBC
• US July Fourth cookout costs up by 5% this year, survey shows
  Reuters
• Hedge funds sell tech stocks ‘aggressively,’ Goldman says
  Yahoo/Bloomberg
• Few have flood insurance to help recover from devastating Midwest storms
  AP
• China's industrial profits growth slows sharply in May amid patchy recovery
  Reuters
• Chinese money flows into bonds even as central bank warns of risks
  Reuters
• China’s Financial Elite Face $400,000 Pay Caps, Bonus Clawbacks
  Yahoo/Bloomberg
• Japan May retail sales rise 3.0% year-on-year, exceeding expectations
  Reuters
• Japan Inflation Outlook Jumps, Backing BOJ Case for Rate Hike
  Yahoo/Bloomberg
• ECB May Only Cut Rates Once More This Year, Kazimir Says
  Yahoo/Bloomberg
• Philippines needs to 'do more' than protest China's actions in South China Sea, Marcos says
  Reuters
• Russia considering downgrading relations with the West, the Kremlin says
  Reuters
• Inflation’s Wild Ride
  NYT
• Biden Administration Scrambles to Head Off Wider War Between Israel and Hezbollah
  WSJ
• Macron’s presidency — a tragedy in four acts
  FT
• Israel’s push to create a ‘dead zone’ in Lebanon
  FT
• How the wealthy use collectibles as loan collateral
  FT
• Did the ECB ease too early?
  FT

Wednesday, June 26, 2024

Evening

• Asian Stocks to Fall as Yen Plunges to Fresh Low: Markets Wrap
  Yahoo/Bloomberg
• Yen plunges to 38-year low vs dollar as markets brace for Japan intervention
  Reuters
• Oil settles slightly up as global supply risks offset US demand concerns
  Reuters
• US new home sales slump; supply at more than 16-year high
  Reuters
• Bolivia military withdraws after president slams coup attempt
  Reuters
• Biggest Banks Can Withstand Severe Downturn, $685 Billion in Losses, Fed Says
  WSJ

General

• Stocks Fall as Fed Official Cools Rate Hopes: Markets Wrap
  Yahoo/Bloomberg
• Yen slumps to lowest since 1986, putting traders on red alert
  Reuters
• European shares slip, yen sinks to 38-year low
  Reuters
• Oil Holds Above $85 a Barrel as Market Gears Up for US Data
  Yahoo/Bloomberg
• China Bond Yield Declines to Lowest Since 2002 as Rally Extends
  Yahoo/Bloomberg
• Suspected Houthi attacks target a ship in Gulf of Aden and Israeli port city of Eilat
  AP
• Australia’s Faster Inflation Raises Risk of RBA Rate Hike
  Yahoo/Bloomberg
• A $100 Billion Bet on China’s Economy Sours as Warehouses Empty
  Yahoo/Bloomberg
• Singapore port congestion shows global ripple impact of Red Sea attacks
  Reuters
• China to see biggest millionaire exodus in 2024 as many head to U.S.
  Nikkei
• Even Macron’s Closest Allies Fear His Brand Is Toxic
  Bloomberg
• Behind the Unrest in Kenya, a Staggering and Painful National Debt
  NYT
• Companies slash borrowing costs on $400bn of US junk loans
  FT
• China’s big housing correction is not over
  FT
• US warns of Hizbollah ‘provocations’ as diplomats try to avert Israel-Lebanon war
  FT
• World headed for ‘food wars’ amid geopolitics and climate change, warns Olam
  FT

Tuesday, June 25, 2024

Afternoon

• Nvidia, megacaps power strong Nasdaq recovery; Dow pulls back
  Reuters
• US dollar gains after hawkish Fed comment, economic data
  Reuters
• US consumer confidence retreats slightly; house prices remain elevated
  Reuters
• Here’s how bad housing affordability is now
  CNBC
• Fed’s Cook Says Rate Cut Needed at Some Point But Timing Unclear
  Yahoo/Bloomberg
• Extreme wildfires doubled in frequency, magnitude since 2003
  Axios
• War Between Israel and Iran Is Inevitable
  WSJ
• Philippines warns of region-wide conflict over South China Sea reef dispute
  FT
• A deepening stand-off in the South China Sea
  FT

General

• Stocks Gain After Nvidia-Led Slump: Markets Wrap
  Yahoo/Bloomberg
• European stocks fall after Nvidia slump
  Reuters
• Oil prices fall as rally takes a pause while traders watch Middle East tensions, summer demand
  CNBC
• Japan to respond appropriately to excessive yen volatility, official says
  Reuters
• Morning Bid: Nvidia's half trillion hiccup; Bitcoin, China slide
  Reuters
• Forget 160, Traders See Yen Slumping as Far as 170 This Time
  Yahoo/Bloomberg
• US house prices increase steadily in April -FHFA
  Reuters
• Fed’s Bowman Warns of Upside Risks to Inflation, Not Time to Cut
  Yahoo/Bloomberg
• Fed's Bowman: need steady policy rate 'for some time' to beat inflation
  Reuters
• Asset-Backed Bond Market Is Helping to Fuel the Global AI Boom
  Yahoo/Bloomberg
• TSA says it screened a record of nearly 3 million people Sunday, and bigger crowds are on the way
  AP
• France’s existential election
  Politico
• Allianz Says French Bondholders Fear a Replay of Euro Crisis
  Yahoo/Bloomberg
• Macron warns of ‘civil war’ if far left or far right wins
  Politico
• Le Pen Brands Macron’s ‘Civil War’ Comment as Scaremongering
  Yahoo/Bloomberg
• The Guardian view on Macron’s snap election: France on the brink
  Guardian
• Macron Called an Election to Thwart the Far Right. He Resuscitated the Left Instead
  Time
• With Macron Distracted, Germany Shuts Down Push for Joint EU Debt
  Yahoo/Bloomberg
• Bank of Japan opens door for a hawkish double surprise
  Reuters
• China’s Farmers Brace for More Rain and Flooding Risk to Crops
  Yahoo/Bloomberg
• U.S. warned Hezbollah it can't hold Israel back if escalation continues
  Axios
• Iran’s presidential election dominated by Khamenei loyalists
  Reuters
• Fearing Losses, Banks Are Quietly Dumping Real Estate Loans
  NYT
• ‘It’s All Happening Again.’ The Supply Chain Is Under Strain.
  NYT
• French parliamentary election tracker 2024
  FT
• Top Federal Reserve official warns US central bank may need to raise interest rates again
  FT
• Central banks urged to keep pace with ‘game changer’ AI
  FT

Monday, June 24, 2024

Afternoon

• Dow jumps 200 points as investors rotate out of hot chip stocks like Nvidia: Live updates
  CNBC
• Nvidia Enters Correction Territory as Slump Erases $400 Billion
  Yahoo/Bloomberg
• Bitcoin Extends Drop After One of Crypto’s Worst Weeks of 2024
  Yahoo/Bloomberg
• Larger US Deficits Pave the Way for Even More Treasury Bills
  Yahoo/Bloomberg
• ECB’s Schnabel Downplays Prospect of Policy Divergence From US
  Yahoo/Bloomberg

General

• Nasdaq Under Pressure as Nvidia Retreats: Markets Wrap
  Yahoo/Bloomberg
• Oil Creeps Up After Loss as Prices Take Cues From Wider Markets
  Yahoo/Bloomberg
• Bitcoin Extends Drop After One of Crypto’s Worst Weeks of 2024
  Yahoo/Bloomberg
• Yuan Pressure Mounts as Trading Disruptions Appear Once More
  Yahoo/Bloomberg
• Options Market Signals Volatility on French Vote Likely to Last
  Yahoo/Bloomberg
• In the Market: French bond vigilantes have lessons for the US
  Reuters
• Cash is leaving China again, pressuring yuan
  Reuters
• Millions swelter as temperatures soar across the US, while floodwaters inundate the Midwest
  AP
• Le Pen’s Far-Right Party Says Ready to Govern Amid Rise in Polls
  Yahoo/Bloomberg
• France Keeps Markets on Edge With Le Pen Fighting Left for Power
  Yahoo/Bloomberg
• Ripple effect from CDK hack widens as more US auto dealers flag hit
  Reuters
• Russia vows retaliation against US for Ukraine's ATACMS missile attack on Crimea
  Reuters
• BOJ debated need for timely rate hike at June meeting, summary show
  Reuters
• Mexico Inflation Accelerates More Than Expected in Early June
  Yahoo/Bloomberg
• China’s Fiscal Income Drops at Quickest Pace in More Than a Year
  Yahoo/Bloomberg
• Chinese hackers have stepped up attacks on Taiwanese organizations, cybersecurity firm says
  AP
• Autocracy is 'evil', Taiwan president says after China threatens death for separatism
  Reuters
• Ocean Shipping Prices Are Pushing Toward Pandemic-Era Highs as Congestion Swells
  WSJ
• China’s Foreign Direct Investment Falls Further in May
  WSJ
• France could trigger the next euro crisis
  FT
• The real risks for investors after the rise of the European far right
  FT

Sunday, June 23, 2024

Evening

• Stock futures are flat as the market set to enter last week of June near a record: Live updates
  CNBC
• Heat wave scorches US East Coast as dangerous temperatures expand to West
  Reuters
• Five Key Charts to Watch in Global Commodity Markets This Week
  Yahoo/Bloomberg
• How Long Will High Rates Last? Bond Markets Say Maybe Forever
  Yahoo/Bloomberg
• France's far right National Rally still leading ahead of election, poll shows
  Reuters
• Israel offensive in Lebanon could increase risk of broader war, U.S. general says
  Reuters
• Russia says US is responsible for deadly Ukrainian attack on Crimea
  Reuters
• Schnabel Says Potential Shocks Mean ECB Can’t Precommit on Rates
  Yahoo/Bloomberg

General

• Fed's favorite inflation reading highlights last week of Q2: What to know this week
  Yahoo Finance
• NYC Temperature to Approach Record as Heat Sits Over Eastern US
  Yahoo/Bloomberg
• A Stock Trader’s Guide to Navigating the French Election Turmoil
  Yahoo/Bloomberg
• Credit’s Strong Run Stumbles for First Time This Year
  Yahoo/Bloomberg
• Fed’s key inflation gauges may offer path to rate cuts
  Yahoo/Bloomberg
• Taiwan war games to mimic combat as closely as possible
  Reuters
• French trust Marine Le Pen’s RN most on economy, FT poll suggests
  FT