Daily News Links

8615 posts

Saturday, June 22, 2024

General

• Macron Courts Coalition of Rivals to Block ‘Extremes’ From Power
  Yahoo/Bloomberg
• Charting the Global Economy: BOE Leaves Rate-Cut Hopes Alive
  Yahoo/Bloomberg
• Wall St Week Ahead Rally in U.S. big tech stocks may be getting stretched
  Reuters
• U.S. East Asia envoy says South China Sea situation deeply concerning
  Reuters
• US aircraft carrier arrives in South Korea for military drills
  Reuters
• France’s National Rally Confirms Lead in Snap Election Polls
  Bloomberg
• Emerging market currencies suffer worst start to the year since 2020
  FT
• France’s political extremes exploit Macron’s weakness
  FT
• Investors wary on Mexico following peso rout
  FT

Friday, June 21, 2024

Afternoon

• S&P 500, Nasdaq lower as semiconductor shares weigh
  Reuters
• France’s Risk Premium Over Germany Closes at Highest Since 2012
  Yahoo/Bloomberg
• US credit spreads widen on political jitters, Treasuries rally
  Reuters
• US Services Activity Expands by Most in More Than Two Years
  Yahoo/Bloomberg
• Home prices hit record high in May as sales stall
  CNBC
• AI is Exhausting the Power Grid. Tech Firms are Seeking a Miracle Solution
  MSN/WP
• US business activity inches up in June; price pressures abating
  Reuters
• China’s super-rich are eyeing the exit
  FT

General

• Risk-Off Mood Puts Bonds in Favor After Weak PMIs: Markets Wrap
  Yahoo/Bloomberg
• Yen Hangs Firmly in Crosshairs of Intervention Despite Watchlist Warning
  Yahoo/Bloomberg
• Cash is leaving China again, pressuring yuan
  Reuters
• Oil Set to Notch Weekly Gain as Stockpile Draw Spurs Bullishness
  Yahoo/Bloomberg
• Car-Dealer Chaos Arises From Cyberattack on $1.2 Trillion Market
  Yahoo/Bloomberg
• All Roads Lead to Nvidia as Tech Sees Record Inflows, Says BofA
  Yahoo/Bloomberg
• Le Pen’s Rise Sets Up French Debt Market for Years of Pain
  Yahoo/Bloomberg
• Euro zone business recovery slows sharply in June, PMI shows
  Reuters
• UK Purchasing Managers Report Higher Inflation and Slower Growth
  Yahoo/Bloomberg
• Japan’s Inflation Picks Up, Backing Case for BOJ Rate Hike
  Yahoo/Bloomberg
• Japan imposes trade curbs on China-based firms for supporting Russia's war in Ukraine
  Reuters
• China warns of possible 'trade war' with EU
  Reuters
• Chinese Developers Face Make-or-Break Week in Liquidation Cases
  Yahoo/Bloomber
• Xi and Putin Score Wins as More Asian Leaders Want to Join BRICS
  Yahoo/Bloomberg
• Israel and Hezbollah faceoff raises risk of wider conflict
  Reuters
• Power blackout hits Montenegro, Bosnia, Albania and Croatia's Adriatic coast
  Reuters
• Putin warns South Korea against arming Ukraine
  BBC
• At Blackstone's $339 Billion Property Arm, the Honeymoon Is Over
  Bloomberg
• Wall Street’s $5.5 Trillion Triple-Witching to Test Market Calm
  Bloomberg
• Inside China’s Troubled Real Estate Market
  WSJ
• Crisis memory, geopolitics and the risks of financial contagion
  FT
• China threatens death penalty for Taiwan ‘separatists’
  FT

Evening

• Asian Stocks Set to Track US Lower, Yen in Focus: Markets Wrap
  Yahoo/Bloomberg
• Yen’s Six-Day Slump Highlights Risk of Japan Intervention
  Yahoo/Bloomberg
• S&P 500 closes lower after record high, weighed by chips stocks, economic data
  Reuters
• Nvidia loses top spot to Microsoft after 3% drop
  Reuters
• US big banks face growing spillover risks from non-banks
  Reuters
• Fed’s Barkin Says Need Clarity on Inflation Before Cutting Rates
  Yahoo/Bloomberg
• Extreme heat kills hundreds, millions more sweltering worldwide as summer begins
  Reuters
• Visiting Vietnam, Putin seeks new 'security architecture' for Asia
  Reuters

Thursday, June 20, 2024

Afternoon

• S&P 500 Rally Bumps Into a Wall as US Yields Climb: Markets Wrap
  Yahoo/Bloomberg
• Mortgage Rates in the US Decline to a Two-Month Low of 6.87%
  Yahoo/Bloomberg
• New US Home Construction Plunges to Slowest Pace Since June 2020
  Yahoo/Bloomberg
• Car Dealerships Across US Halt Services After Cyberattack
  MSN/Bloomberg
• Rand Is the New Carry Favorite After Peso Rout, Jefferies Says
  Yahoo/Bloomberg
• Philippines secretly reinforces ship at centre of South China Sea dispute
  FT

General

• US Stocks Set for New High as Rate-Cut Hopes Build: Markets Wrap
  Yahoo/Bloomberg
• Dollar rises, pound, Swiss franc drop on busy central bank day
  Reuters
• Oil Holds Above $85 as Traders Await Fresh US Stockpile Data
  Yahoo/Bloomberg
• US weekly jobless claims fell in latest week
  Reuters
• Mortgage demand flattens even as interest rates hit the lowest level since March
  CNBC
• Housing starts fall to a four-year low
  Dow Jones
• Why buy now, pay later debt could become a problem for the U.S. economy
  CNBC
• Record heat wave leaves 94 million under heat alerts in eastern U.S.
  Axios
• China Loosens Grip on Yuan With Weakest Fixing Since November
  Yahoo/Bloomberg
• China leaves benchmark rates steady as PBOC walks tight rope
  Reuters
• BOE Leaves Rates on Hold, Hinting at Readiness for Cuts
  Yahoo/Bloomberg
• Bank of England keeps rates at 5.25% ahead of UK election
  Reuters
• Swiss National Bank continues rate cuts
  Reuters
• French elections: How do they work and why are they so significant?
  BBC
• Drone-Sinking of Coal Ship Takes Red Sea Perils to New Level
  Yahoo/Bloomberg
• Stocks’ Relentless Rally Makes Bears Endangered on Wall Street
  Yahoo/Bloomberg
• Massive Power Blackout Hit the Entire Nation of Ecuador
  Yahoo/Bloomberg
• Putin’s Hybrid War Opens a Second Front on NATO’s Eastern Border
  Bloomberg
• It’s Going to Cost More to Stay Cool This Summer
  WSJ
• China’s Central Bank Hints at Major Policy Shift
  WSJ
• ‘Only Pirates Do This’: China Wields Axes and Knives in South China Sea Fight
  WSJ
• France’s unbalanced power structures are storing up trouble
  FT
• Hizbollah warns Israel of war ‘without limits’ and threatens Cyprus
  FT
• ECB urges Eurozone countries to cut high levels of debt
  FT
• Japan and South Korea sound alarm over Putin-Kim military pact
  FT

Evening

• Stock Rally Takes Breather as Traders Seek Cues: Markets Wrap
  Yahoo/Bloomberg
• Oil Steadies Ahead of US Stockpile Data as Volatility Declines
  Yahoo/Bloomberg
• Shipping industry urges Red Sea action as Houthis sink second vessel
  Reuters
• France is About to Bring the EU to the Brink of Collapse
  MSN/Telegraph
• UK PM Sunak's Conservatives set for heavy election defeat, polls forecast
  Reuters
• China’s Energy Use Per Person Surpasses Europe’s for First Time
  Yahoo/Bloomberg
• Fossil fuel use, emissions hit records in 2023, report says
  Reuters
• What the Putin-Pyongyang Axis Means
  WSJ

Wednesday, June 19, 2024

General

• European Stocks Struggle to Build on US Tech Rally: Markets Wrap
  Yahoo/Bloomberg
• Oil steady amid US stock build but jitters abound
  Reuters
• Israel and Lebanon escalate rhetoric as US tries to prevent war
  Reuters
• US Mortgage Rates Drop Below 7% for First Time Since March
  Reuters
• New England Power Grid Declares Emergency as Heat Wave Hits
  Yahoo/Bloomberg
• Home prices begin to come down in pandemic boomtowns like Austin, Tampa
  Yahoo Finance
• France and Italy Get EU Deficit Scolding as Markets Watch
  Yahoo/Bloomberg
• Bargain Hunters Are Nowhere to Be Seen in French Bond Market
  Yahoo/Bloomberg
• BOJ’s Minutes Show Debate on Rate Hikes With Close Eyes on Yen
  Yahoo/Bloomberg
• Japan Bank to Overhaul Investments as Wrong-Way Rate Bets Trigger Bond Losses
  Yahoo/Bloomberg
• PBOC’s New Tools May Spur Big Shift in How it Manages Money
  Yahoo/Bloomberg
• China Should Use Quantitative Easing If Needed: Ex-PBOC Adviser
  Yahoo/Bloomberg
• BOE Rate-Cut Bets in August Fade as Services Inflation Runs High
  Yahoo/Bloomberg
• Strikes loom as 200,000 German bank staff fight for hefty pay rise
  Reuters
• Putin and Kim sign mutual defence pact
  Reuters
• Taiwan president says only military strength can keep the peace with China
  Reuters
• Kim Vows to Back Putin ‘Unconditionally’ on War in Ukraine
  Bloomberg
• Israel and Hezbollah Play a Risky Tit-for-Tat, Leaving Region on Edge
  NYT
• Israel and Hezbollah Inch Toward Wider War
  WSJ
• EU Recommends Disciplinary Action Against France for Excessive Deficit
  WSJ
• Nvidia’s Ascent to Most Valuable Company Has Echoes of Dot-Com Boom
  WSJ
• What would a far-right or leftwing government mean for France’s economy?
  FT
• China’s central bank chief warns of weaker credit growth as property lending declines
  FT
• U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years
  NYT
• Why Americans are not buying more EVs
  FT

Tuesday, June 18, 2024

Evening

• Asia Shares to Gain After Another S&P 500 Record: Markets Wrap
  Yahoo/Bloomberg
• S&P 500, Nasdaq hit record highs on AI momentum, Dow edges up after weak retail sales
  Reuters
• AI fever drives Nvidia’s rise to world’s most valuable company
  Reuters
• Increased spending pushes 2024 US budget deficit estimate to $1.9 trillion
  Reuters
• Israel warns of prospect of ‘all-out war’ after Hezbollah publishes video of military, civilian sites
  CNN
• US heat wave sets records in central, northeast states
  Reuters
• Fed's Musalem signals wary approach to cutting rates in debut speech
  Reuters
• The Far-Right’s Rise in Europe Could Scramble Geopolitics
  Yahoo/Bloomberg
• France, Italy Among 7 EU Nations to Be Reprimanded Over Deficit
  Yahoo/Bloomberg
• How Putin and Kim Stand to Gain From a Rare Visit That’s Troubling the West
  WSJ
• Israeli military approves plan for ‘offensive’ in Lebanon
  FT
• Brussels to chide France over deficit as spending clash looms
  FT

Afternoon

• Dow, S&P 500 edge higher after soft retail sales data; eyes on Fed speakers
  Reuters
• Treasury Yields Slide as Weak Retail Sales Show Fragile Consumer
  Yahoo/Bloomberg
• Oil up on Fed comments, geopolitical risk premium in Europe, Mideast
  Reuters
• Fed officials steer cautiously as they await more data
  Reuters
• Collins Says Fed Shouldn’t Overreact to Positive Price Data
  Yahoo/Bloomberg
• US manufacturing production surges in May
  Reuters
• French Central Bank Chief Urges Against Widening Budget Gaps
  Yahoo/Bloomberg
• It's time to add climate costs to your household budget
  Yahoo Finance
• The Era of Super-Wild Weather Is Already Here
  Yahoo/Bloomberg
• India sees record peak demand for power in north as heatwave persists
  Reuters
• Xi calls for all-out flood rescue effort as storms pound southern China
  Reuters
• Bargain Hunters Are Nowhere to Be Seen in French Bond Market
  Bloomberg
• Russia scours China for second-hand machine tools
  FT

General

• Stocks Steady as European Shares Rebound: Markets Wrap
  Yahoo/Bloomberg
• Dollar Tests 2024 High as Europe Turmoil Sparks Flight to Haven
  Yahoo/Bloomberg
• Oil Holds Gain as Risk-On Sentiment Helps to Support Commodities
  Yahoo/Bloomberg
• Retail sales increase less than expected in May
  Yahoo Finance
• Over 75 million people in the US are under heat alerts. Go indoors and hydrate
  AP
• Nvidia Insiders Cash In on Rally as Share Sales Top $700 Million
  Yahoo/Bloomberg
• France’s Dominance in Euro Credit Leaves Market at Vote’s Mercy
  Yahoo/Bloomberg
• France Is Now Europe’s Least Favored Stock Market, BofA Says
  Yahoo/Bloomberg
• France is ‘going to the dogs,’ Macron’s inner circle despairs
  Politico
• BOJ’s Ueda Keeps July Rate Hike Door Open Amid Skepticism
  Yahoo/Bloomberg
• BOJ chief Ueda signals chance of July rate hike
  Reuters
• China's property measures give sales a boost, but only in big cities
  Reuters
• Macron’s Struggle Has Europe Fretting Over Defense, Ukraine
  Yahoo/Bloomberg
• Chinese and Philippine ship collision just the latest in a string of South China Sea confrontations
  AP
• Putin vows to support North Korea against the United States
  Reuters
• Fed’s Williams Says Economy Strong, Needs More Data for Rate Cut
  Bloomberg
• Rent Hikes Loom, Posing Threat to Inflation Fight
  WSJ
• Central Banks Expect to Snap Up More Gold This Year Amid Dollar Pessimism
  WSJ
• How Putin and Kim Stand to Gain From a Rare Visit That’s Troubling the West
  WSJ
• French businesses court Marine Le Pen after taking fright at left’s policies
  FT
• Rich countries plan to buy more gold despite record price
  FT

Evening

• Asian Shares to Track Record-Breaking Wall Street: Markets Wrap
  Yahoo/Bloomberg
• S&P 500, Nasdaq hit record closing highs ahead of data, Fed comments
  Reuters
• Excessive heat forecast for central, northeast US as Juneteenth holiday nears
  Reuters
• China's broken recovery: New data shows drag on its economy
  Axios

Monday, June 17, 2024

Afternoon

• Wall Street retreats with data, Fed comments in focus
  Reuters
• Treasury Yields Extend Rebound as US Companies Tap Bond Markets
  Yahoo/Bloomberg
• Volatile French Markets Attempt to Digest Le Pen’s Reassurances
  Yahoo/Bloomberg
• Debt-Ceiling’s Eventual Return Already Has Fund Managers On Edge
  Yahoo/Bloomberg
• China opens tit-for-tat anti-dumping probe into EU pork
  Reuters
• Hedge Funds Turn Cautious on Stocks Even as Wall Street Strategists Get Bullish
  Yahoo/Bloomberg
• M&A-focused hedge funds lead the pack in May, Goldman Sachs says
  Reuters
• Canada defends sending ship to Cuba as vital to deterring Russia
  Reuters
• German union gears up for wage war after calling for 7% pay rise
  FT

General

• European Gains Unravel Under Lingering France Risk: Markets Wrap
  Yahoo/Bloomberg
• Oil Builds on Weekly Gain as Traders Weigh Mixed China Data
  Yahoo/Bloomberg
• Morning Bid: China fails to cheer, as France scores own goal
  Reuters
• French election worries rekindle market memories of UK budget rout
  Reuters
• Volatile French Markets Attempt to Digest Le Pen’s Reassurances
  Yahoo/Bloomberg
• ECB's Lane sees no need for any French bond rescue
  Reuters
• Israel warns of ‘devastating consequences’ as spike in fire with Lebanon risks wider conflict
  CNBC
• Severe, chaotic weather around US with high temperatures in Southwest and Midwest, snow in Rockies
  AP
• China Home-Price Slump Accelerates Despite More Stimulus
  Yahoo/Bloomberg
• China new home prices fall at fastest clip in nearly 10 years
  Reuters
• China's property investment slump worsens in January-May
  Reuters
• Chinese investors' rush for offshore assets spurs Hong Kong wealth inflows
  Reuters
• China Factory Output Cools, Retail Spending Beats Forecasts
  Yahoo/Bloomberg
• BOJ to forgo July rate hike, taper $152 bln per year, says ex-policymaker
  Reuters
• China expanding its nuclear arsenal: Report
  The Hill
• Chinese and Philippine ship collision just the latest in a string of South China Sea confrontations
  AP
• The Specter of Bond Vigilantes Looms Over UK Election Campaign
  Bloomberg
• A Big Bond Rally Is Promising Help for Home Buyers
  WSJ
• Big Jump in Insurance Costs Strikes Condos
  WSJ
• U.S. Moves to Head Off War Between Israel and Hezbollah
  WSJ
• China’s Housing Market Woes Deepen Despite Stimulus
  WSJ
• ECB chief economist downplays need to intervene in French bond market
  FT
• Renminbi likely to draw fire as trade tensions mount
  FT
• From France to America, the far right is on the march
  FT
• A buyout gone wrong creates fireworks in the private credit market
  FT

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