Daily News Links

8615 posts

Saturday, June 8, 2024

General

• Wall St Week Ahead Inflation, Fed meeting to give clues for US market direction
  Reuters
• Charting the Global Economy: ECB Cuts Rates, US Payrolls Surge
  Yahoo/Bloomberg
• Israel rescues four hostages in Gaza; Palestinians say 50 dead in Israeli assault
  Reuters
• Bitcoin Rally and ‘Short Memories’ Reignite Everything In Crypto
  Yahoo/Bloomberg
• ECB's Holzmann voices caution on rates outlook
  Reuters
• Hiring and Wages are Up, Reinforcing the Economy’s Resilience
  WSJ
• IMF warns US on ballooning fiscal burden
  FT
• Mexico’s elite struggles to comprehend left’s landslide election win
  FT
• The humbling of Narendra Modi
  FT
• Hedge funds raise bets against European government bonds to two-year high
  FT

Friday, June 7, 2024

General

• Stocks slide after better-than-expected jobs report boosts yields: Live updates
  CNBC
• 10-year Treasury yield shoots higher after May payrolls top expectations
  CNBC
• Gold Slumps as China’s Central Bank Halts 18-Month Buying Spree
  Yahoo/Bloomberg
• U.S. job gains totaled 272,000 in May, more than expected
  CNBC
• Moody’s May Cut Six US Banks on Commercial Real Estate Exposure
  Yahoo/Bloomberg
• The U.S. added 600,000 new millionaires last year as AI fueled markets
  CNBC
• Global equity funds rack up robust weekly inflows on rate cut bets
  Reuters
• Japan finance minister says forex intervention should be done in restrained manner
  Reuters
• Japan’s Households Boost Outlays for First Time in 14 Months
  Yahoo/Bloomberg
• Slump in Offshore Yuan Forwards Boosts Talk of PBOC Easing Grip
  Yahoo/Bloomberg
• China's exports rise solidly, but slower imports temper outlook
  Reuters
• ECB’s Preferred Pay Gauge Accelerates in New Inflation Warning
  Yahoo/Bloomberg
• ECB Officials Get Cautious on More Cuts as Wages Pick Up
  Yahoo/Bloomberg
• Russia, China wrangle with US over UN resolution on Gaza ceasefire plan
  Reuters
• China strongly opposes U.S. arms sales to Taiwan, urges withdrawal
  Reuters
• US Upping Pressure on Houthis in Threat to Yemen-War Truce
  Yahoo/Bloomberg
• China’s Exports Surge as Trade Tensions Near Boiling Point
  NYT
• Food Companies Are Still Paying the Price for Years of Inflation
  WSJ
• Tett: There are risks lurking in the world of private capital
  FT
• European Central Bank policymakers warn against ‘autopilot’ approach to more rate cuts
  FT

Thursday, June 6, 2024

Evening

• S&P 500, Nasdaq close slightly down ahead of US payrolls data
  Reuters
• Mexican Peso Tumbles as Ruling Party Vows to Pass Reforms
  Yahoo/Bloomberg
• Oil Rises as OPEC Ministers Reiterate Output Path May Be Changed
  Yahoo/Bloomberg
• GameStop surges almost 50% as 'Roaring Kitty' teases livestream
  Reuters
• U.S. to open broad antitrust probe into AI giants: source
  Axios
• Scoop: U.S. warns Israel "limited war" with Lebanon could draw Iran to intervene
  Axios
• As Europe votes, a populist wave surges
  Politico

Afternoon

• Stocks and Bonds Fall in Run-Up to US Jobs Report: Markets Wrap
  Yahoo/Bloomberg
• Wall Street mixed as Nvidia retreat hits tech stocks; payrolls data in focus
  Reuters
• Oil Rises as OPEC Ministers Reiterate Output Path May Be Changed
  Yahoo/Bloomberg
• US trade deficit widens in April
  Reuters
• Lagarde’s Reluctant Cut Leaves Markets Guessing on Next ECB Move
  Yahoo/Bloomberg
• ECB and Canada cut rates as easing among big economies gets going
  Reuters
• ECB governors see July rate cut as unlikely, focus now on Sept -sources
  Reuters
• ECB’s Holzmann Dissented on Rate-Cut Vote Because of Data
  Yahoo/Bloomberg
• Private Credit and Its Investors Fret the Golden Age Has Gone
  Yahoo/Bloomberg
• Active ETFs Boom as State Street Eyes Record $260 Billion Inflow
  Yahoo/Bloomberg
• Banks Tap Complex Mortgage Product to Fight Deposit Flight Risk
  Yahoo/Bloomberg
• Traders Stunned by Election Surprises From Mexico City to Mumbai
  Yahoo/Bloomberg
• Israel Ups War Rhetoric as Hezbollah’s Attacks Raise Alarm
  Yahoo/Bloomberg
• D-Day anniversary 2024: World leaders, veterans, commemorate Normandy landings
  Reuters
• NY power grid faces shortfalls as new energy supply lags, operator says
  Reuters
• Office Building Losses Start to Pile Up, and More Pain Is Expected
  NYT

General

• Nvidia, Rate-Cut Bets Help Tech Stocks to Power On: Markets Wrap
  Yahoo/Bloomberg
• Oil Gains as OPEC+ Ministers Reject Reaction to Output Increase
  Yahoo/Bloomberg
• China Property Stocks Fall 20% From May High as Concerns Linger
  Yahoo/Bloomberg
• ECB Delivers Landmark Rate Cut But Few Signals on Next Steps
  Yahoo/Bloomberg
• ECB sees higher growth, inflation
  Reuters
• Slightly more Americans apply for jobless benefits, but layoffs remain at healthy levels
  AP
• Nvidia’s Rise to $3 Trillion Fuels ‘Jensanity’ in Tech World
  Yahoo/Bloomberg
• Breakingviews: Five reasons financial disasters are hard to avoid
  Reuters
• China’s Big Chip Fund to Exceed $47.5 Billion Goal, Adviser Says
  Yahoo/Bloomberg
• BOJ’s Leading Dove Voices Caution Ahead of Next Week’s Meeting
  Yahoo/Bloomberg
• BOJ's Nakamura warns Japan may miss price goal from 2025
  Reuters
• Risks to Yen Carry Trade Don’t Scare Japan’s Retail Investors
  Yahoo/Bloomberg
• Putin warns that Russia could provide long-range weapons to others to strike Western targets
  AP
• Kremlin says Kyiv's backers will face consequences after Putin says he may arm West's enemies
  Reuters
• Rising US Debt Load Poses a Growing Risk for Treasury Market
  Bloomberg
• US Trade Gap Widens to $74.6 Billion, Largest Since October 2022
  Bloomberg
• ‘Everything Is Not Going to Be OK’ in Private Equity, Apollo’s Co-President Says
  Bloomberg
• Guess Who’s Angry at China’s Real Estate Bailout: Homeowners
  NYT
• What the Fed Doesn’t Communicate
  WSJ
• ECB cuts interest rates for first time in five years
  FT
• Why the hurricane season matters for the Federal Reserve
  FT

Evening

• Asian Stocks Eye Higher Open After Fresh US Record: Markets Wrap
  Yahoo/Bloomberg
• S&P 500, Nasdaq close at record highs as data supports Fed easing
  Reuters
• Nvidia overtakes Apple as No. 2 most valuable company
  Reuters
• China Accelerates Grid Projects to Keep Up With Renewables Boom
  Yahoo/Bloomberg
• Mexico Death Linked to Bird Flu Strain That’s New in Humans
  Yahoo/Bloomberg
• Putin says Russia could deploy missiles in striking distance of the West
  Reuters

Wednesday, June 5, 2024

Afternoon

• Tech stocks lift Nasdaq, S&P 500 as rate-cut expectations tick up
  Reuters
• Unwinding of hugely popular currency trade rocks markets
  Reuters
• World's richest have never been so wealthy: study
  AFP
• Explainer: Is the Hezbollah-Israel conflict about to spiral?
  Reuters
• Relations between Moscow and Washington won’t change no matter who wins the US election, Putin says
  Reuters
• World hits streak of record temperatures as UN warns of 'climate hell'
  Reuters
• Drought Hampers Manufacturing in Mexican State Bordering Texas
  Bloomberg
• World must exit ‘highway to climate hell’, UN boss warns, as heat records broken
  FT

General

• Stocks Rise on Dovish Rate Bets; Bond Rally Pauses: Markets Wrap
  Yahoo/Bloomberg
• Oil Holds Near Four-Month Low on Signs of Rising US Stockpiles
  Yahoo/Bloomberg
• Rupiah Drop to Four-Year Low Prompts Bank Indonesia Support
  Yahoo/Bloomberg
• Bond Traders Pile Into Fresh Bets on Faster Pace of Fed Cuts
  Yahoo/Bloomberg
• US services sector rebounds in May
  Reuters
• Private payrolls growth slows to 152,000 in May, much less than expected, ADP says
  CNBC
• US Home-Purchase Applications Fall by Most Since Early April
  Yahoo/Bloomberg
• Asset-Backed Debt Sales Reach $175 Billion in Bumper First Half
  Yahoo/Bloomberg
• Private Equity’s Latest Move to Gin Up Cash: Borrowing Against Its Stock Holdings
  Yahoo/Bloomberg
• Phoenix using ice immersion to treat heatstroke victims as Southwest bakes in triple digits
  AP
• China's robust services activity drives up employment, Caixin PMI shows
  Reuters
• China Risks Trade War on Two Fronts as Low-Tech Exports Soar, Too
  Yahoo/Bloomberg
• Euro zone business activity expands at fastest rate in a year
  Reuters
• ECB’s inflation challenge looks more and more like the Fed's
  Yahoo/Bloomberg
• RBA Won’t Hesitate to Act if Inflation Is Stickier, Bullock Says
  Yahoo/Bloomberg
• Dramatic Rise in Geopolitical Risk in Focus at HK Wealth Forum
  Yahoo/Bloomberg
• Dalio Flags US-China ‘Economic Warfare’ Among Top Global Risks
  Yahoo/Bloomberg
• Convertible Bond Mania Intensifies as Trip.com Follows Alibaba
  Bloomberg
• OpenAI Insiders Warn of a ‘Reckless’ Race for Dominance
  NYT
• Americans Have More Investment Income Than Ever Before
  WSJ
• E.C.B. Is Likely to Leapfrog the Fed on Interest Rate Cuts
  NYT
• Europe’s Fed Problem
  NYT
• Israel and Hezbollah Move Closer to Full-Scale War
  WSJ
• Asia’s Chip Giants Hustle to Maintain Their Edge Over the U.S.
  WSJ
• Israel threatens ‘intense action’ against Hizbollah
  FT
• Russia has taken out over half of Ukraine power generation
  FT
• China’s plan to sell cheap EVs to the rest of the world
  FT

Tuesday, June 4, 2024

Evening

• Wall Street stocks end slightly higher as weak jobs data supports rate cut
  Reuters
• Bonds Rally as Traders Reload Fed Bets After Data: Markets Wrap
  Yahoo/Bloomberg
• Mexico, South Africa and India deliver political punch to markets
  Reuters
• Summers Sees Higher US Long-Term Treasury Yields Over Time
  Yahoo/Bloomberg
• Israel nears decision on Lebanon border offensive, army chief says
  Reuters
• Mexico’s finance minister tries to reassure jittery investors
  FT
• Narendra Modi set to lose parliamentary majority in shock Indian election result
  FT

Afternoon

• Wall Street slips in choppy trading after weaker jobs data
  Reuters
• Oil drops more than $1/bbl as OPEC+ decision spotlights shaky demand
  Reuters
• US job openings drop in April, as labor market normalizes
  Reuters
• Money-Minting Peso Trade Upended by Mexico’s Election Shock
  Yahoo/Bloomberg
• Ford's US sales soar 11.2% in May, powered by hybrids, trucks, and even EVs
  Yahoo Finance
• A Developing Heat Wave Will Be a ‘Shock to the System’
  NYT
• Christmas shipments rush risks deepening supply chain crisis, warns Maersk boss
  FT

General

• Futures Point to Losses as Data Sows Doubt: Markets Wrap
  Yahoo/Bloomberg
• Global Bond Rally Wavers With Jobs Data Next Hurdle for Fed Path
  Yahoo/Bloomberg
• Oil drops more than $1 as OPEC+ decision spotlights shaky demand
  Reuters
• Mexican Peso Sinks Further as Election Shock Reverberates
  Yahoo/Bloomberg
• Rupee falls most in over a year as vote count shows narrower win for Modi-led alliance
  Reuters
• Indian Shares Plunge as Modi-Led Coalition Stares at Narrow Victory Margin
  Yahoo/WSJ
• Central banks turn cautious on China's yuan, keen on dollars and gold
  Reuters
• ECB Rate-Cut Expectations Start to Unravel Before First Move
  Yahoo/Bloomberg
• BOJ Weighs Reducing Bond Buys as Early as June Meeting
  Yahoo/Bloomberg
• Modi Poised to Lose India Majority, Needs Allies to Keep Power
  Yahoo/Bloomberg
• Security tight in China and Hong Kong on Tiananmen crackdown anniversary
  Reuters
• Mexican Peso Volatility Soars as Traders Fear Additional Losses
  Bloomberg
• Big Tech Companies Unplug Stock Market From Reality
  WSJ
• Why China’s Overcapacity Problem Is About to Get Even Worse, in Seven Charts
  WSJ
• Developers Sit on Empty Lots After Historic Apartment Boom
  WSJ
• Five challenges facing Mexico’s Claudia Sheinbaum
  FT
• West grapples with response to Russian sabotage attempts
  FT

Monday, June 3, 2024

Evening

• Wall Street ends slightly higher after soft manufacturing data, NYSE glitches
  Reuters
• Treasury Yields Sink as Weak Data Fuel Fed Bets: Markets Wrap
  Yahoo/Bloomberg
• Oil falls 3% on OPEC production cut as demand worries surface
  Yahoo Finance
• Mexico Peso Falls as Ruling Party Landslide Spooks Investors
  Yahoo/Bloomberg
• Morgan Stanley Warns US Elections Threaten Popular Trades
  Yahoo/Bloomberg
• Short Sellers in Danger of Extinction After Crushing Stock Gains
  Bloomberg
• The Federal Reserve Is Too Cautious on Quantitative Tightening
  WSJ

Afternoon

• Treasury Yields Sink as Weak Data Fuel Fed Bets: Markets Wrap
  Yahoo/Bloomberg
• Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom
  Yahoo/Bloomberg
• OPEC’s Crude Production Steady While Key Members Flout Quotas
  Yahoo/Bloomberg
• US Factory Activity Contracts as Orders Slide, Output Weakens
  Yahoo/Bloomberg
• Muni Market Faces $19 Billion Supply Wave, Biggest in Two Years
  Yahoo/Bloomberg
• Mexico's Sheinbaum blazes trail as first woman president, under mentor's watchful eye
  Reuters

General

• Nasdaq, S&P 500 rise as summer trading begins
  Reuters
• Elections Drive Emerging-Market Currency Swings as Stocks Rally
  Yahoo/Bloomberg
• Oil Steady After OPEC+ Signals Plan to Return Barrels to Market
  Yahoo/Bloomberg
• Mexico peso drops more than 3% on jitters over Morena supermajority
  Reuters
• This week: Job openings, services sector update, monthly employment tally
  AP
• Morning Bid: Wall St eyes election-strewn June, jobs week
  Reuters
• Private Credit, Wall Street’s Hottest Trade, Has an Ugly Moment
  Yahoo/Bloomberg
• Loan Frenzy Masks Losses From Defaults: Credit Weekly
  Yahoo/Bloomberg
• CEOs made nearly 200 times what their workers got paid last year
  AP
• AI Firm Plans Private Credit Fund for Servers With Nvidia Chips
  Yahoo/Bloomberg
• Asian factory activity expands in May on robust global demand
  Reuters
• China's factory activity growth hits 2-year high, Caixin PMI shows
  Reuters
• All the Tools the PBOC Has to Support China’s Property Sector
  Yahoo/Bloomberg
• China’s Biggest Cities See Housing Market Pick Up After Easing
  Yahoo/Bloomberg
• Mexico's Sheinbaum seen winning landslide, set to be first female president
  Reuters
• Modi's alliance to win big in India election, exit polls project
  Reuters
• Russia warns US against 'fatal' miscalculation in Ukraine
  Reuters
• China Needs Much More Central Government Debt, Key Adviser Says
  Bloomberg
• Abnormally Dry Canada Taps U.S. Energy, Reversing Usual Flow
  NYT
• The U.S. Gave Chip Makers Billions. Now Comes the Hard Part.
  WSJ
• The Insurance Market Is Flirting With Natural Disasters
  WSJ
• China Is ‘Prepositioning’ for Future Cyberattacks—and the New NSA Chief Is Worried
  WSJ
• 35 Years After Tiananmen, China’s Conduct Again Triggers Alarm
  WSJ
• Fed official says interest rates should stay on hold for ‘extended’ time
  FT
• La Niña switch expected to fuel extreme weather later this year
  FT
• Russia’s nuclear threats are losing their power
  FT

Sunday, June 2, 2024

Evening

• Stock futures are little changed ahead of first trading day of June: Live updates
  CNBC
• Oil Falls After OPEC+ Signals Plan to Return Barrels to Market
  Yahoo/Bloomberg
• Five Key Charts to Watch in Global Commodity Markets This Week
  Yahoo/Bloomberg
• Mexico election 2024 live updates: Mexicans likely to elect first female president
  AP
• Silicon Valley’s Coming Energy Crisis
  WSJ

General

• OPEC+ Agrees to Extend and Gradually Wind Down Oil Output Cuts
  Yahoo/Bloomberg
• Biden's Gaza plan 'not a good deal' but Israel accepts it, Netanyahu aide says
  Reuters
• Zelenskiy dominates Asia security conference as China, Taiwan trade barbs
  Reuters
• Prospect of peaceful 'reunification' with Taiwan being 'eroded', China says
  Reuters
• Key Engines of US Consumer Spending Are Losing Steam All at Once
  Yahoo/Bloomberg
• World Rate Paths Set to Diverge With ECB’s First Cut
  Yahoo/Bloomberg
• Sinking Profits Bring Reality Check to AI-Driven Rally in Emerging Market Stocks
  Yahoo/Bloomberg
• China hits out at ‘aggressive’ Taiwan for military build-up
  FT