Daily News Links

8615 posts

Saturday, April 27, 2024

General

• Wall St Week Ahead Lofty US stocks leave investors punishing earnings disappointments
  Reuters
• US regulators seize troubled lender Republic First, sell it to Fulton Bank
  Reuters
• All the data so far is showing inflation isn’t going away, and is making things tough on the Fed
  CNBC
• Violent tornadoes strike Nebraska, Iowa as more storms loom
  Axios
• Texas Power Prices Signal Grid Stress in Another Long, Hot Summer
  Yahoo/Bloomberg
• Oil refinery in Russia's Krasnodar suspends operations after Ukraine drone attack, says TASS
  Reuters
• Russian missiles pound power plants in central and western Ukraine
  Reuters
• China Q1 industrial profits' growth pace stirs doubts about economic recovery
  Reuters
• Taiwan reports Chinese military activity after Blinken leaves Beijing
  Reuters
• Wall Street Humbled as Fast-Reversing Markets Confound the Pros
  Bloomberg
• Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
  WSJ
• Israel and Hezbollah Flirt With Dangerous Mideast Escalation
  WSJ
• US stocks rally could falter in face of strong dollar, warn analysts
  FT

Friday, April 26, 2024

General

• Stocks Gain, Powered by Alphabet, Microsoft: Markets Wrap
  Yahoo/Bloomberg
• Japanese yen weakens to 156 against dollar after Bank of Japan leaves rates unchanged
  CNBC
• China's yuan hits downside limit in 'cash' trades
  Reuters
• Oil Heads for Weekly Gain on Signs of Firmer Market Before Data
  Yahoo/Bloomberg
• Bank of Japan’s Stand Pat Decision Fuels Further Yen Jitters
  Yahoo/Bloomberg
• BOJ keeps ultra-low rates, forecasts inflation staying near 2% for years
  Reuters
• Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
  CNBC
• In Beijing, Blinken confronts China over 'powering' Russia's war
  Reuters
• Antony Blinken meets with China’s President Xi as US, China spar over bilateral and global issues
  AP
• Citi, JPMorgan See Carry Trade Revive as Fed Hawkishness Spreads
  Yahoo/Bloomberg
• Global equity funds face fourth week of outflows amid dampened Fed rate cut hopes
  Reuters
• South Korea's public finances no longer a credit rating 'strength', Fitch says
  Reuters
• India's foreign exchange reserves drop to six-week low
  Reuters
• China Vanke Crisis May Continue to Spell Trouble for Chinese Lenders
  Bloomberg
• The Fed’s Favorite Inflation Index Remained Stubborn in March
  NYT
• With Inflation This High, Nobody Knows What a Dollar Is Worth
  NYT
• China’s Gold Consumption Rises on Safe-Haven Demand
  WSJ
• Xi Jinping tells Antony Blinken US should avoid ‘vicious competition’ with China
  FT

Thursday, April 25, 2024

Evening

• Big Tech Surges in Late Hours on Blowout Earnings: Markets Wrap
  Yahoo/Bloomberg
• US Bond Market Sells Off as Sticky Prices Weigh on Fed Rate Path
  Yahoo/Bloomberg
• Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
  Reuters
• Ship comes under attack off coast of Yemen as Houthi rebel campaign appears to gain new speed
  AP
• Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
  CNN
• Wall Street’s Patience for a Costly A.I. Arms Race Is Waning
  NYT

Afternoon

• Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap
  Yahoo/Bloomberg
• US Yields Soar as Traders See Fed Delaying First Cut to December
  Yahoo/Bloomberg
• Tepid economic data weighs on equities; yen sinks to fresh lows
  Reuters
• Wheat Almost Erases Year-to-Date Losses With Focus on Weather
  Yahoo/Bloomberg
• High Commodity Costs Hurt Rate Cut Prospects, World Bank Says
  Yahoo/Bloomberg
• US Pending Home Sales Jump in March to Hit Highest in Year
  Yahoo/Bloomberg
• US Demand Is Still Resilient, Even If GDP Doesn’t Show It
  Yahoo/Bloomberg
• Nothing off the table in US response to China overcapacity, Yellen says
  Reuters
• Private Credit’s Answer to Liquidity Problem Finally Takes Shape
  Yahoo/Bloomberg
• Columbia University inspires national protest wave, swift response by authorities
  Reuters
• Israel Prepares Forces as Conflict With Hezbollah Intensifies
  Bloomberg
• The Dream of Fed Rate Cuts Is Slipping Away
  WSJ

General

• Stocks Get Hit After GDP Goes the ‘Wrong Way’: Markets Wrap
  Yahoo/Bloomberg
• Yen Approaches Intervention Point as BOJ Meeting Starts
  Yahoo/Bloomberg
• Oil Steadies as Drop in US Stockpiles Tightens Supply Balance
  Yahoo/Bloomberg
• Asia’s Hawks Get Put on Alert After Indonesia’s Shock Rate Hike
  Yahoo/Bloomberg
• Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank
  Yahoo/Bloomberg
• The yen has a yield problem the BOJ can't easily fix
  Reuters
• Morning Bid: Japan's FX no-show, Meta plunges
  Reuters
• Fragile yen could make BOJ's Ueda tilt more towards hawkish stance
  Reuters
• GDP increased at a 1.6% rate in the first quarter, less than expected
  CNBC
• US applications for jobless claims fall to lowest level in 9 weeks
  AP
• Confounding US economic, inflation data muddy Fed's rate path
  Reuters
• Blinken Tells China to Manage Ties ‘Responsibly’ as Talks Begin
  Yahoo/Bloomberg
• Exclusive: China harbors ship tied to North Korea-Russia arms transfers, satellite images show
  Reuters
• Travel by Bike, Bring Your Own Cup: China Imposes a Frugal Life on Public Servants
  WSJ
• Bank of Japan feels inflation heat from Fed’s ‘higher for longer’ shift
  FT
• Commodity prices could keep inflation high, warns World Bank
  FT
• China warns Antony Blinken US must choose between ‘co-operation or confrontation’
  FT
• European commercial real estate deal making slumps to 13-year low
  FT
• Quant hedge funds enjoy bumper start to 2024
  FT

Wednesday, April 24, 2024

General

• Tech Giants Hit in Late Hours After Meta’s Outlook: Markets Wrap
  Yahoo/Bloomberg
• S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
  Reuters
• Meta stock plummets 10% after second quarter outlook disappoints
  Yahoo Finance
• Yen Weakens Past Key 155 Level, Adding to Intervention Risk
  Yahoo/Bloomberg
• Meta Projects Higher Spending, Weaker Revenue Amid AI Push
  Yahoo/Bloomberg
• Chicago Bears Unveil $4.7 Billion Stadium Plan on Lakefront
  Yahoo/Bloomberg
• Israel says Rafah assault looms; massive Gaza airstrikes end weeks of relative calm
  Reuters
• Iran's Nuclear Activity 'Raises Eyebrows'
  Newsweek
• US secretly shipped long-range missiles to Ukraine
  FT

Afternoon

• Wall St slips as higher yields offset upbeat corporate earnings
  Reuters
• US Yields Climb Before a Record $70 Billion Sale: Markets Wrap
  Yahoo/Bloomberg
• Gold Steady as Traders Await Key Inflation Print for Rate Clues
  Yahoo/Bloomberg
• Rush for US Dollars May Be Around the Corner, Mizuho Says
  Yahoo/Bloomberg
• Private Equity Firms Are Borrowing Against Their Funds’ Assets
  Yahoo/Bloomberg
• A long, hot U.S. summer is looming, forecasters say
  Axios
• Ukraine uses long-range missiles secretly provided by US to hit Russian-held areas, officials say
  AP
• Israel prepares for Rafah evacuation ahead of long-expected assault
  FT

General

• Tech Rally Keeps Stocks Afloat Amid Mixed Earnings: Markets Wrap
  Yahoo/Bloomberg
• Senate overwhelmingly passes aid for Ukraine, Israel and Taiwan with big bipartisan vote
  AP
• US 30-Year Mortgage Rate Rises to Five-Month High of 7.24%
  Yahoo/Bloomberg
• Mortgage demand drops as interest rates soar over 7%
  CNBC
• Durable-goods orders get boost from autos and planes, but most manufacturers tread water
  Dow Jones
• Surging auto insurance rates squeeze drivers, fuel inflation
  AP
• Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes
  Yahoo/Bloomberg
• Bank Indonesia Surprises With Rate Hike, Expects Rupiah Gain
  Yahoo/Bloomberg
• Australia Q1 inflation slowdown disappoints, rate cut bets gone
  Reuters
• China may have to brace for a new wave of bond defaults, S&P says
  CNBC
• China's Gen Z turns frugal as economy doubts linger
  NA
• ECB's June rate cut not necessarily followed by others, Nagel says
  Reuters
• German Business Outlook Hits One-Year High as Economy Heals
  Yahoo/Bloomberg
• French Grid Issues Are Causing Power Prices to Soar in Europe
  Yahoo/Bloomberg
• Blinken Lands in China For Tense Talks as US Sanctions Loom
  Yahoo/Bloomberg
• Israel gears up for Rafah civilian evacuation ahead of promised assault
  Reuters
• Ukrainian drones struck two Rosneft oil depots in attack, Kyiv source says
  Reuters
• Taiwan happy with US aid package, China objects to arms sales
  Reuters
• Yen Weakens Past Key 155 Level, Adding to Intervention Risk
  Bloomberg
• Cocoa Price Swings Are the Craziest Since the 1970s
  Bloomberg
• Asian Central Banks Face Policy Dilemma From Fed Rate-Cut Delay, FX Crunch
  WSJ
• The Folly of China’s Real-Estate Boom Was Easy to See, but No One Wanted to Stop It
  WSJ
• China’s EV Price War Is Just Getting Started
  WSJ
• Jamie Dimon cautions over soft landing for ‘unbelievable’ US economy
  FT

Tuesday, April 23, 2024

Evening

• S&P 500 futures rise after earnings lift the index to a second winning day: Live updates
  CNBC
• Oil Rises as Risk-On Mood Counters Waning Geopolitical Concerns
  Yahoo/Bloomberg
• Traders Add Bets That Fed Will Skip Interest-Rate Cuts This Year
  Yahoo/Bloomberg
• ‘It Is Desolate’: China’s Glut of Unused Car Factories
  NYT
• U.S. Takes Aim at Chinese Banks Aiding Russia War Effort
  WSJ
• Chinese speculators super-charge gold rally
  FT
• The China-Russia trade friendship may not be quite what you think
  FT
• Russia threatens to step up attacks on western weapons in Ukraine
  FT

Afternoon

• Wall St rallies on bright earnings, megacaps' support
  Reuters
• Oil rises as dollar slips, focus shifts to economic data
  Reuters
• New US Home Sales Jump to Highest Level Since September
  Yahoo/Bloomberg
• US new home sales rebound to six-month high; rising mortgage rates a concern
  Reuters
• AI boom to fuel natural gas demand in coming years, report says
  Reuters
• Jamie Dimon is worried the US economy is headed back to the 1970s
  Yahoo Finance
• US has 'structural shortage' of millions of homes, PulteGroup CEO says
  Yahoo Finance

General

• Stocks Rise With Earnings Center Stage: Markets Wrap
  Yahoo/Bloomberg
• Oil Steadies With Bullish Spreads Countering Easing Tensions
  Yahoo/Bloomberg
• Japan issues strongest warning yet on readiness to intervene in currency market
  Reuters
• Japan Is ‘Very Close’ to Intervention, Former Forex Chief Says
  Yahoo/Bloomberg
• Where king dollar is causing pain the most
  Reuters
• US business activity cools in April; inflation measures mixed
  Reuters
• America's campuses reach boiling point
  Axios
• Ueda Repeats Vow to Raise Rate if Prices Warrant After Yen Falls
  Yahoo/Bloomberg
• China Finance Ministry Echoes Xi’s Call for Bond Trading at PBOC
  Yahoo/Bloomberg
• Bond Demand Evaporates in Taiwan as Inflation Risks Mount
  Yahoo/Bloomberg
• Euro zone business in services-led bounce in April, PMI survey shows
  Yahoo/Bloomberg
• German Rebound Drives Euro-Zone Private Sector to 11-Month High
  Yahoo/Bloomberg
• Massive floods threaten tens of millions as intense rains batter southern China
  CNN
• Lebanon's Hezbollah launches deepest attack into Israel since Gaza war
  Reuters
• Russia Hosts China, Iran Security Chiefs to Discuss Cooperation
  Bloomberg
• Cathie Wood’s Popular ARK Funds Are Sinking Fast
  WSJ
• China Finance Ministry Voices Support for Central Bank Bond Trading
  WSJ
• Chinese Villagers Jumped at the Deal of a Lifetime—Then It Turned Sour
  WSJ
• Is the boom in private credit losing steam?
  FT
• How US shale keeps sheltering America from the next oil price surge
  FT
• Asian region reels from heat and floods as WMO warns of climate change effects
  FT

Monday, April 22, 2024

Evening

• Stocks Climb as US Earnings Kick Into High Gear: Markets Wrap
  Yahoo/Bloomberg
• Dollar touches new 34-year peak vs yen on US rate outlook
  Reuters
• Shadow Banking Stress in South Korea Sends Warning to Global Investors
  Reuters
• Israel Moves Closer to Rafah Invasion as Iran Crisis Wanes
  WSJ
• Electric cars switch out of fast lane
  FT

Afternoon

• Wall St gains after Friday sell-off, Mideast tensions temper
  Reuters
• Hedge fund industry reaches $4.3 trillion milestone in first quarter
  Reuters
• Floods swamp southern China, spark extreme weather fears
  CNBC
• Russia warns the world is on the brink of a ‘direct military clash’ between nuclear powers
  CNBC

General

• Stocks Rise With Big Tech Earnings in Focus: Markets Wrap
  Yahoo/Bloomberg
• Global Bonds Fall on Waning Demand for Havens and Sales Deluge
  Yahoo/Bloomberg
• Dollar forges higher after volatile week, yen in spotlight
  Reuters
• Oil Falls After Weekly Loss as Traders Focus on Middle East Risk
  Yahoo/Bloomberg
• Dollar’s Extended Reign Delivers Stark Wake-Up Call for Markets
  Yahoo/Bloomberg
• Copper Hones in on $10,000 a Ton as Supply Angst Continues
  Yahoo/Bloomberg
• Strategists Split on US Profit Outlook as Stocks Pull Back
  Yahoo/Bloomberg
• US consumers on lower incomes face loan stress while banks pull back
  Reuters
• Hedge fund borrowing hits five-year peak, Goldman Sachs says
  Reuters
• Ray Dalio’s Famous Trade Is Sputtering and Investors Are Bailing
  Yahoo/Bloomberg
• Hedge Funds Turned Stock Buyers in Volatile Week, Goldman Says
  Yahoo/Bloomberg
• ECB governors stick to plan for multiple rate cuts despite global headwinds
  Reuters
• Russia warns of direct clash with West over Ukraine
  Reuters
• Global military spending climbed 7% in 2023 amid conflicts, think-tank SIPRI says
  Reuters
• Bird Flu Is Infecting More Mammals. What Does That Mean for Us?
  NYT
• Move Aside, Big Banks: Giant Funds Now Rule Wall Street
  WSJ
• U.S.-China Internet War Intensifies as House Passes TikTok Ban
  WSJ
• When will the Bank of Japan next raise interest rates?
  FT
• Ukraine faces race against time to deploy US funding
  FT
• Is South Korea’s economic miracle over?
  FT

Sunday, April 21, 2024

Evening

• Asian Traders Await Key Data; US Futures Climb: Markets Wrap
  Yahoo/Bloomberg
• Stock futures rise slightly with S&P 500, Nasdaq on six-day losing streak
  CNBC
• Five Key Charts to Watch in Global Commodity Markets This Week
  Yahoo/Bloomberg
• China Braces for Worst as It Becomes Punching Bag in US Election
  Yahoo/Bloomberg
• Bitcoin miners upgrade power centers and get into AI to brace for slashed revenue post halving
  CNBC
• Five rockets fired from Iraq towards U.S. military base in Syria
  Reuters

General

• China Is Front and Center of Gold’s Record-Breaking Rally
  Yahoo/Bloomberg
• Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience
  Yahoo/Bloomberg
• Fed’s forecasting method looks increasingly outdated as Bernanke pitches alternative
  Yahoo/Bloomberg
• The Second Cold War Is Escalating Faster Than the First
  Bloomberg
• Inside the White House’s Frenetic Scramble to Avert a Full-Blown Middle East War
  WSJ
• These Home Sellers Are Done Waiting for the Fed to Lower Rates
  WSJ
• Blinken to warn China over weapons-related exports to Russia
  FT
• Ukraine is the frontline of a much larger conflict
  FT
• Who pulls the strings of power in Iran?
  FT
• Commodity traders bet on big data and AI
  FT