Daily News Links

8496 posts

Monday, December 25, 2023

General

• Sombre Bethlehem marks Christmas with vigil as bombs rain on Gaza
  Reuters
• Inflation has created a dark cloud over how everyday Americans view the economy
  CNBC
• As conflicts rage abroad, a fractured Congress tries to rally support for historic global challenges
  CNBC
• BOJ's Ueda signals chance of policy shift, progress on price goal
  Reuters
• BOJ Ueda Touts Benefits of Positive Inflation on Policy Process
  Yahoo/Bloomberg
• PBOC’s Yuan Support Through Fixing Causes Headache for Companies
  Yahoo/Bloomberg
• Philippine actions in South China Sea 'extremely dangerous' - Chinese state media
  Reuters
• Turkey retaliates at home, abroad after troops killed in Iraq
  Reuters
• Russia says fire has been put out on nuclear-powered cargo ship
  Reuters
• China sidelines its once venerated central bank
  FT

Sunday, December 24, 2023

General

• Iran navy receives new cruise missiles amid growing regional tension
  Reuters
• Pentagon says Iranian drone 'attack' hit chemical tanker near India
  Reuters
• Who are the Houthi rebels and why are they attacking Red Sea ships?
  BBC
• Covid-19 variant JN.1 is now the leading cause of infections in the US. Here’s what you need to know
  CNN
• Two Wars, 50 Elections: The Economy Faces Rising Geopolitical Risks
  NYT
• Credit-Card Spending Piles Up as Savings Dwindle
  WSJ
• Facing Housing Shortages, Cities Try Cramming More Units on Lots
  WSJ
• China, war and tech: how Taiwan’s disillusioned youth feel about a pivotal election
  FT

Friday, December 22, 2023

General

• US Stock Futures Struggle for Direction After Data: Markets Wrap
  Yahoo/Bloomberg
• Gold climbs to near three-week high on Fed rate cut bets
  Reuters
• Oil Set for Weekly Gain as Red Sea Attacks, OPEC Unity in Focus
  Yahoo/Bloomberg
• Fed’s favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected
  CNBC
• Durable-goods orders rebound in November by most since July 2020
  Dow Jones
• Housing is now overvalued in 88% of the U.S., says ratings agency Fitch
  Dow Jones
• Shipping Costs Soar as War and Climate Risks Upend Trade
  Yahoo/Bloomberg
• Ships rerouted by Red Sea crisis face overwhelmed African ports
  Reuters
• US Fed pivot dominates as global rate hike cycle stutters in December
  Reuters
• US takes aim at financial institutions with new Russia sanctions authority
  Reuters
• China Turns Up Heat on Trade With Rare Earths Tech Curbs
  Yahoo/Bloomberg
• Record Cash Inflows Show Investors Missed Out on Stock Rally
  Reuters
• Global equity funds see significant outflows as investors book year-end profits
  Reuters
• Hedge funds seek double-digit returns in 2024 after year of outflows
  Reuters
• Japan's core inflation slows in November, eases pressure on BOJ
  Reuters
• German home prices tumble amid property rout
  Reuters
• Demand for Fed’s Bank Term Funding Facility Grows to Record High
  Bloomberg
• Euphoria on Fed Pivot Prospects Ignores the Lagging Hangover
  Bloomberg
• The 11 Big Trades of 2023: From Market Busts to Career-Making Wins
  Bloomberg
• Iranian Spy Ship Helps Houthis Direct Attacks on Red Sea Vessels
  WSJ
• US threatens sanctions on banks that help fund Russia’s war machine
  FT

Thursday, December 21, 2023

Evening

• Wall St ends sharply higher, rebounding with a boost from chips
  Reuters
• Red Sea attacks disrupt world trade, more ships vow to avoid waters
  Reuters
• Container rates hit $10,000 as ocean freight inflation soars in Red Sea crisis
  CNBC
• Beijing shrugs at U.S. call for help protecting Red Sea shipping
  Politico
• Hyperloop One to Shut Down After Failing to Reinvent Transit
  Yahoo/Bloomberg
• China Property Crisis in Charts: Spillover Spreads Across Economy
  Bloomberg

Afternoon

• Wall St rises after broad sell-off; Micron shines
  Reuters
• Oil Edges Lower on US Output Gains, Angola’s Departure From OPEC
  Yahoo/Bloomberg
• US labor market resilience keeps economy afloat as year ends
  Reuters
• US 30-Year Mortgage Rate Slides to 6.67%, Lowest Since June
  Yahoo/Bloomberg
• US new-vehicle sales to rise 13% in December on discounts, inventory - report
  Reuters
• Twin Crises Send Cargo Ships Back to 18th Century Trade Routes
  Yahoo/Bloomberg
• The War in Ukraine Has Created a New ‘Axis of Evil’
  WSJ
• Bank of England losses on QE greater than other central banks, says ex-rate setter
  FT

General

• Stocks Rebound on Wall Street: Markets Wrap
  Yahoo/Bloomberg
• Gold prices rebound as weaker US yields, dollar lift demand
  Reuters
• Oil Steadies as Red Sea Risks Weighed Against Record US Output
  Yahoo/Bloomberg
• Weekly US unemployment claims rise slightly but job market remains strong as inflation eases
  AP
• US Considering Hiking Tariffs on China EVs, Solar Products, WSJ Reports
  Yahoo/Bloomberg
• Ready, set, travel: The holiday rush to the airports and highways is underway
  AP
• Is the 'Big Ease' coming in 2024 or will rate-cut hopes get dashed?
  Reuters
• Dealmakers see rebound after global M&A volumes hit decade-low
  Reuters
• Japan to Unveil $784 Billion Budget, Adding to Debt Burden
  Yahoo/Bloomberg
• Japan government lifts economic growth estimates
  Reuters
• China bans export of rare earth processing tech over national security
  Reuters
• China’s Budget Shift Risks Local Officials ‘Lying Flat’
  Yahoo/Bloomberg
• China’s Foreign Direct Investment Drops to Near Four-Year Low
  Yahoo/Bloomberg
• Rice Prices Scale Fresh 15-Year High as Supply Risks Linger
  Yahoo/Bloomberg
• Russia has fired 7,400 missiles, 3,700 Shahed drones in war so far, Kyiv says
  Reuters
• Vilified Zero-Day Options Blamed by Traders for S&P Decline
  Bloomberg
• El-Erian: Fed and Markets Resume Their Unhealthy Co-Dependency
  Bloomberg
• Shanghai, Beijing Home Sales Surge After Policy Easing
  Bloomberg
• What the Oldest Lab Rodents Are Teaching Humans About Staying Young
  Bloomberg
• Americans May Be Taking On Too Much Pay-Later ‘Phantom Debt’
  NYT
• Biden Administration Explores Raising Tariffs on Chinese EVs
  WSJ
• Americans Spending Less on Gifts, More on Everything Else
  WSJ
• Beijing home price slide fans China property sector alarm
  FT
• China’s renminbi pips Japanese yen to rank fourth in global payments
  FT

Wednesday, December 20, 2023

Evening

• Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
  Reuters
• S&P Logs Worst Day in Two Months, Bonds Power On: Markets Wrap
  Yahoo/Bloomberg
• Treasuries Rally With Global Bonds as Traders Lift Rate-Cut Bets
  Yahoo/Bloomberg
• Fed's Harker open to lowering interest rates, but not imminently
  Reuters
• Bankers See $1 Trillion Blue-Chip Loan Market Turnaround After Slow 2023
  Yahoo/Bloomberg
• North Korea's Kim warns of 'nuclear attack' if provoked with nukes -KCNA
  Reuters
• Houthi Rebels Vow to Retaliate as U.S.-Led Force Deploys for Middle East
  WSJ

Afternoon

• S&P 500, Dow muted as rate-cut rally sputters; FedEx slides
  Reuters
• Oil Pares Gains as Rising US Stockpiles Undercut Red Sea Risks
  Yahoo/Bloomberg
• Pump Prices in US Post Biggest Jump in Four Months
  Yahoo/Bloomberg
• Yemen’s Houthis Vow More Attacks on Ships in Red Sea Despite US Naval Force
  Yahoo/Bloomberg
• Shipping industry in the dark over US-led Red Sea navy force
  Reuters
• US consumer confidence rises to five-month high; home sales eke out gains
  Reuters
• Existing home sales rise slightly in November as mortgage rates fall
  Yahoo Finance
• Americans haven't been this optimistic about stocks since 2021
  Yahoo Finance
• Hezbollah pays growing price in Mideast conflict
  Reuters
• In China's eyes we're all separatists, Taiwan presidential frontrunner says
  Reuters
• Swimming Pools and Granite Countertops: How College Dorms Got So Expensive
  WSJ
• Spike in US overnight lending rates awakens fears of money market strains
  FT
• Global trade shudders over blockages in the Suez and Panama
  FT

General

• Global Bond Rally Speeds Up, Stocks Turn Cautious: Markets Wrap
  Yahoo/Bloomberg
• Global Bonds Rally as Softer UK Inflation Boosts Rate-Cut Bets
  Yahoo/Bloomberg
• Oil Extends Rally as Red Sea Shipping Risks Dog Global Trade
  Yahoo/Bloomberg
• Developed-Market Stocks Eye Record as US Leads $11 Trillion Run
  Yahoo/Bloomberg
• The Hedge Fund Traders Dominating a Massive Bet on Bonds
  Yahoo/Bloomberg
• Global regulators make tackling non-bank leverage a priority for 2024
  Reuters
• Red Sea Chaos Risks Driving Up Price of Goods for Global Economy
  Yahoo/Bloomberg
• US 'buy now, pay later' splurges raise holiday debt hangover risk
  Reuters
• Mortgage demand slips despite another drop in interest rates
  CNBC
• US 30-year mortgage rate drops to 6.83%, its lowest since June
  Reuters
• US Child-Care Costs at $40,000 Force Parents to Get Second Jobs
  Yahoo/Bloomberg
• Xi warned Biden during summit that Beijing will reunify Taiwan with China
  NBC
• From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023
  AP
• US and China remain top credit ratings to watch in 2024
  Reuters
• US-China relations: Expect more turbulence in 2024
  Reuters
• China leaves lending benchmark rates unchanged as expected
  Reuters
• Beijing ready to expand energy cooperation with Russia - Chinese envoy to Moscow
  Reuters
• UK house prices fall in October by most since 2011
  Reuters
• A $1.3 Trillion Home-Loan System Gone Astray Is Fighting Reform
  Bloomberg
• The End of the Debt Bubble Has Put the Chinese Dream On Hold
  Bloomberg
• Powell’s Pivot Sows Confusion Over When and How Fast Fed Will Cut
  WSJ
• U.S. Leads Bid to Secure Red Sea, but Shipping Firms Remain on Edge
  WSJ
• That’s Two for Two: The World’s Other Big Canal Is in Trouble
  WSJ
• Container ships abandon Red Sea as allies scramble to fend off attacks
  FT
• China’s debt isn’t the problem
  FT

Evening

• Asian Stocks Advance to Track Wall Street’s Rally: Markets Wrap
  Yahoo/Bloomberg
• Oil Extends Gains as Red Sea Shipping Risks Plague Global Trade
  Yahoo/Bloomberg
• Shippers have already diverted about $35 billion in cargo from the Red Sea amid fears of attacks
  CNBC
• US announces naval coalition to defend Red Sea shipping from Houthi attacks
  Guardian
• The Hedge Fund Traders Dominating a Massive Bet on Bonds
  Bloomberg
• Xi Got Lucky This Year. He Shouldn’t Get Used to It
  Bloomberg
• Red Sea Attacks Pose Another Threat to Global Economy
  NYT

Tuesday, December 19, 2023

Afternoon

• Wall Street advances as rate-cut fever lingers
  Reuters
• High-Flying Stocks Ignore Fed’s Messages on Rates: Markets Wrap
  Yahoo/Bloomberg
• Oil Hits Two-Week High as Red Sea Attacks Stoke Shipping Fears
  Yahoo/Bloomberg
• Fed's Bostic: No 'urgency' for rate cuts
  Reuters
• Fed's Barkin wants more 'conviction' on inflation before rate cuts can begin
  Yahoo Finance
• Capitol Hill stunner: 2023 led to fewest laws in decades
  Axios
• WHO classifies JN.1 coronavirus strain as 'variant of interest'
  Reuters

General

• Wall Street Set for New Highs on Rate Cut Hopes: Markets Wrap
  Yahoo/Bloomberg
• Yen Slumps as BOJ’s Ueda Pushes Back on Rate-Hike Bets
  Yahoo/Bloomberg
• Oil Hold Gains as Red Sea Attacks Cause Panic Among Shippers
  Yahoo/Bloomberg
• BOJ keeps ultra-loose policy, focus shifts to exit timing
  Reuters
• BOJ Avoids Rate Hike Signal as It Stands Pat, Driving Yen Lower
  Yahoo/Bloomberg
• Israel pounds Gaza, Houthis vow more Red Sea attacks
  Reuters
• Shippers mask positions, weigh options amid Red Sea attacks
  Reuters
• With Houthis Menacing Fleet, Shipping’s Great Detour Around Africa Gathers Pace
  Yahoo/Bloomberg
• US single-family housing starts surge in November
  Reuters
• Holiday spending to be up big even as approval of Biden hits new low, CNBC economic survey shows
  CNBC
• BofA Poll Shows Rate Cut Expectations Fueling Rush Into Stocks
  Yahoo/Bloomberg
• Dealmakers to Miss $3 Trillion Mark for First Time in 10 Years
  Yahoo/Bloomberg
• Tokyo prosecutors search offices of key ruling party factions
  Reuters
• China Flows Into New Stock Funds Plunge to Lowest in Decade
  Yahoo/Bloomberg
• Troops on South Korean side re-arm at border village amid tensions with North
  Reuters
• North Korea’s Kim threatens ‘more offensive actions’ against US after watching powerful missile test
  AP
• How the Housing Market Slowdown Is Rippling Through the Economy in Five Charts
  WSJ
• The Office Market Had It Hard in 2023. Next Year Looks Worse.
  WSJ
• Bank of Japan Chief, Bucking Expectations, Avoids Talk of Rate Increase
  WSJ
• Central banks are wrong to abandon key guardrails
  FT

Evening

• Asia Shares to Track US Rally, BOJ in Spotlight: Markets Wrap
  Yahoo/Bloomberg
• Oil prices rise as shipments through Red Sea are halted
  Yahoo Finance
• US-led force to patrol Red Sea in response to attacks by Houthis backing Palestinians
  Reuters
• Fed Officials Add to Chorus Pushing Back Against Rate-Cut Bets
  Yahoo/Bloomberg
• Fed's Daly: rate cuts may be needed next year to prevent overtightening -WSJ
  Reuters
• World’s Biggest ETF Sees Record $21 Billion Flow on Stock Rally
  Yahoo/Bloomberg
• Fed’s Pivot Is Forcing Stock-Market Skeptics to Become Believers
  Yahoo/Bloomberg
• Morning Bid: Bank of Japan countdown almost over
  Reuters
• North Korea says Hwasong-18 ICBM drill was response to U.S. hostility
  Reuters

Monday, December 18, 2023

Afternoon

• Wall St inches up as oil stocks jump; US Steel soars on buyout deal
  Reuters
• NY Fed finds new workers offered record average wages in November
  Reuters
• Only 60% of student loan borrowers made payments when bills restarted
  CNBC
• China banks step up sales of bad loans as consumer defaults rise
  Reuters
• The Suez Canal Becomes a New Front in Israel-Hamas Conflict
  WSJ
• America Had ‘Quiet Quitting.’ In China, Young People Are ‘Letting It Rot.’
  WSJ

General

• Stocks Waver Amid Rates Pushback: Markets Wrap
  Yahoo/Bloomberg
• Oil Rises as BP’s Red Sea Pause Underscores Risk of Disruption
  Yahoo/Bloomberg
• Vessel attacked in Red Sea off Yemen coast, US blames Houthis
  Reuters
• Red Sea attacks force rerouting of vessels, disrupting supply chains
  Reuters
• BP is the latest company to pause Red Sea shipments over fears of Houthi attacks
  AP
• Fed’s Goolsbee says he was ‘confused’ by last week’s market reaction
  CNBC
• Fed’s Goolsbee Says Too Early to Declare Victory Over Inflation
  Yahoo/Bloomberg
• Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
  CNBC
• US corporate bond issuance seen increasing after yields slide
  Reuters
• ECB’s Kazimir: Premature Rate Cut Worse Than Holding Too Long
  Yahoo/Bloomberg
• Morning Bid: Markets brazen Fed pushback, BOJ up next
  Reuters
• BOJ Is Considering Lifting Negative Rate in January, All Nippon Asset Says
  Yahoo/Bloomberg
• China Should Trim US Treasury Holdings, Ex-PBOC Adviser Says
  Yahoo/Bloomberg
• Hedge Funds Turn Bearish on Dollar as Goldman Sees More Declines
  Yahoo/Bloomberg
• German firms' China worries pushing up costs, Bundesbank finds
  Reuters
• China, North Korea hold high-level meeting amid missile launches
  Reuters
• Dudley: Jerome Powell’s Pivot Is a Pretty Big Gamble
  Bloomberg
• Private Credit Attracts Billions From US Pension Plans
  Bloomberg
• Wall Street’s ‘Bond Vigilantes’ Are at Battle as U.S. Debt Soars
  NYT
• More Americans Than Ever Own Stocks
  WSJ
• Home Buyers Are Ready to Buy. But Sellers Aren’t Selling.
  WSJ
• China’s Millionaires Are Worried. That’s a Problem for Wall Street.
  WSJ
• The Bill for Bigger Government Is Coming Due for World’s Taxpayers
  WSJ
• Federal Reserve’s Loretta Mester says markets a ‘bit ahead’ of central bank on rate cuts
  FT
• Bankruptcies soar as high rates and end of Covid aid hit businesses hard
  FT
• The Fed should resist market bullying
  FT
• Bank of England awaiting clarity on wage growth before interest rate cuts, says deputy governor
  FT
• How China’s slowdown is deepening Hong Kong’s ‘existential crisis’
  FT

Evening

• Asian Stocks Set for Soft Open After Fed Pushback: Markets Wrap
  Yahoo/Bloomberg
• Oil Extends Weekly Gain With Focus on Red Sea Shipping Attacks
  Yahoo/Bloomberg
• Morning Bid: Rally fades, Bank of Japan looms into view
  Reuters
• Fed's preferred inflation gauge and Nike earnings: What to know this week
  Yahoo Finance
• A $1.3 Trillion Debt-Fueled Boom in Deals Faces a Grim New Reality
  Yahoo/Bloomberg
• BOJ Likely to Keep World’s Last Negative Rate in Upcoming Decision
  Yahoo/Bloomberg
• China’s Real Estate Meltdown Is Battering Middle Class Wealth
  Yahoo/Bloomberg
• UBS CEO tells paper he's not convinced inflation is under control
  Reuters
• The Houthi Assault on Global Shipping
  WSJ