Daily News Links

8498 posts

Sunday, September 3, 2023

General

• Major Gulf bourses fall amid China gloom
  Reuters
• Higher-for-Longer Mantra Starts to Weigh on Emerging-Market Debt
  Yahoo/Bloomberg
• Fed in focus as earnings, economic calendars slow: What to know this week
  Yahoo Finance
• Regional Banks Ready a Wave of Bond Issuance: Credit Weekly
  Yahoo/Bloomberg
• Why wealthy customers are the 'most worrisome' for banks right now
  Yahoo Finance
• Russian drone attack hits Danube port infrastructure, Ukraine says
  Reuters
• North Korea stages tactical nuclear attack drill
  Reuters
• China’s economic slowdown reverberates across Asia
  FT
• China’s battery plant rush raises fears of global squeeze
  FT

Saturday, September 2, 2023

General

• Why auto worker strikes against GM, Ford and Stellantis seem inevitable
  CNBC
• Back-to-school US spending set to hit record high in 2023
  Reuters
• Million-dollar homes are the ‘middle class’ options for homebuyers in many cities
  Yahoo Finance
• Country Garden wins bond extension in relief for China's property sector
  Reuters
• Cooling US economy gives Fed breathing room on interest rates
  FT
• Meet the Man Who Has Detroit on Edge
  WSJ
• China’s Neighbors Shouldn’t Cheer On Its Slowdown
  WSJ

Friday, September 1, 2023

General

• Stocks Rise as Jobs Report Fuels Fed-Peak Wagers: Markets Wrap
  Yahoo/Bloomberg
• US Crude Hits $85 as Supplies Tighten, Demand Outlook Improves
  Yahoo/Bloomberg
• Payrolls rose by 187,000 in August, unemployment rate rises to 3.8%
  CNBC
• US Factory Activity Gauge Suggests Stabilization at Weak Level
  Yahoo/Bloomberg
• Rising tensions between employers and employees have put the labor back in this year’s Labor Day
  AP
• Canada’s Economy Unexpectedly Shrinks, Supporting Rate Pause
  Yahoo/Bloomberg
• China Ramps Up Campaign to Boost Fragile Economy, Currency
  Yahoo/Bloomberg
• Major Chinese banks cut deposit rates as efforts to prop the economy grow
  Reuters
• China Uses Another Tool to Aid Yuan in String of Market Support
  Yahoo/Bloomberg
• China to cut banks' FX reserve ratio to rein in yuan weakness
  Reuters
• China's Aug factory activity picks up unexpectedly - Caixin PMI
  Reuters
• Explainer: Country Garden: How bad are the Chinese property developer's debt problems?
  Reuters
• 'Too afraid to buy': China's slowing economy overshadows property easing moves
  Reuters
• Asia's factory activity weakens, China's rebound offers some hope
  Reuters
• UK House Prices Fall the Most in 14 Years, Nationwide Says
  Yahoo/Bloomberg
• From war bunker to penthouse to market flop: how Germany's property boom ended
  Reuters
• All That Empty Office Space Belongs to Someone
  NYT
• Short-term investors in SPY and QQQ warned of options risks
  FT
• China property downturn spreads to trophy office buildings
  FT

Evening

• Asia Stocks Set for Mixed Open After August Tumble: Markets Wrap
  Yahoo/Bloomberg
• Wall Street ends mixed as inflation data buoys optimism
  Reuters
• Oil Heads for Solid Weekly Gain as Russia to Extend Export Cuts
  Yahoo/Bloomberg
• Bitcoin falls 4.91% to $25,957
  Reuters
• Freight Rates Surge as Mississippi River Water Levels Drop
  Yahoo/Bloomberg
• Inflation and Consumers Show Staying Power as Fed Eyes Another Rate Move
  NYT

Thursday, August 31, 2023

General

• Shares limp toward biggest monthly drop since February
  Reuters
• US Stocks Waver; UBS Boosts Europe Equities: Markets Wrap
  Yahoo/Bloomberg
• Asian Credit Spreads Widen Most in Five Months on China Fears
  Yahoo/Bloomberg
• Fed’s preferred inflation gauge shows a modest rise in latest sign of slowing price increases
  AP
• US applications for jobless claims inch back down as companies hold on to their employees
  AP
• US consumer spending in July surges; weekly jobless claims fall
  Reuters
• 61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets
  CNBC
• Fed's Bostic says U.S. interest rates are high enough
  Reuters
• China's factory activity shrinks for 5th month, maintains pressure for policy support
  Reuters
• China’s Factory Activity Sparks Hope Slump Is Bottoming Out
  Yahoo/Bloomberg
• Country Garden faces key test as onshore bondholders set to vote on extension
  Reuters
• Country Garden Posts Record Loss, Warns of Possible Default
  Yahoo/Bloomberg
• Some Country Garden Bondholders Seek Default on Yuan Note
  Yahoo/Bloomberg
• How Evergrande’s downfall signaled China’s property crisis
  Reuters
• Exclusive: Chinese exporters using currency swaps to retain dollars as yuan sags
  Reuters
• Euro-Zone Inflation Gauges Hold Above 5% Before Key ECB Meeting
  Yahoo/Bloomberg
• BOE Chief Economist Says Rates Must Stay ‘Sufficiently High’ for Some Time
  Yahoo/Bloomberg
• Driest August in a Century Stokes More India Crop Curb Fears
  Yahoo/Bloomberg
• North Korea stages nuclear strike drill to protest allied exercises
  Reuters
• Iran Uranium Near Bomb-Grade Is Focus of Atomic Watchdog Report
  Yahoo/Bloomberg
• Philippines, Taiwan, Malaysia reject China's latest South China Sea map
  Reuters
• Japan Military Seeks Record Budget as Threats in Region Mount
  Yahoo/Bloomberg
• ECB’s Schnabel Sees Worsened Growth Outlook But Prices Stubborn
  Bloomberg
• Inflation Has Been Easing Fast, but Wild Cards Lie Ahead
  NYT
• China’s Economy Shows Fresh Signs of Weakness in Factories, Consumer Spending
  WSJ
• Gary Gensler unleashes biggest SEC regulatory blitz since financial crisis
  FT
• The dangers of leveraged ETFs
  FT
• Foreign investors sell China shares at record pace in August
  FT
• Japan raises military spending to counter China with more missiles and ships
  FT
• Wildfires expected to spread beyond traditional danger zones, scientists warn
  FT

Wednesday, August 30, 2023

Afternoon

• Wall St rises as weak economic data fuels rate-pause hopes
  Reuters
• Idalia Knocks Out Power Across the Southeast and Snarls Flights
  Yahoo/Bloomberg
• US Economy Makes Limited Progress While Companies Temper Hiring
  Yahoo/Bloomberg
• Fed Ramps Up Demands for Corrective Actions by Regional Banks
  Yahoo/Bloomberg
• US Fed ramps up demands for corrective actions by regional banks - Bloomberg News
  Reuters
• Factbox: From UPS to Detroit Three automakers, US labor unions flex muscle
  Reuters
• Country Garden warns of default risks, 'deeply remorseful' for record loss
  Reuters
• Yen’s Recent Rebound Has Limits With Month-End Reversal Expected
  Yahoo/Bloomberg
• Country Garden posts $7bn loss as China’s property crisis deepens
  FT
• Inflation threat persists as German prices rise 6.4%
  FT
• US warns of ‘advancing’ arms talks between Russia and North Korea
  FT

General

• Bonds, Stocks Fall as Inflation Makes Comeback: Markets Wrap
  Yahoo/Bloomberg
• Hong Kong Dollar Set for Worst Month Since 1985
  Yahoo/Bloomberg
• Oil Gains on Signs of Tighter Market as US Stockpiles Seen Lower
  Yahoo/Bloomberg
• U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says
  CNBC
• US economic growth for last quarter is revised down to a 2.1% annual rate
  AP
• Hurricane Idalia Strikes Florida With Powerful Category 3 Winds
  Yahoo/Bloomberg
• Poor Americans Tap Debt, Buy Less Food as Consumer Cracks Widen
  MSN/Bloomberg
• US Commerce chief leaves China on upbeat note after 'uninvestible' remark
  Reuters
• Chinese banks post sluggish profit growth, warn of regional debt risks
  Reuters
• China Moves to Stabilize Finances of Troubled Shadow Bank
  Yahoo/Bloomberg
• China Mortgage Rate Cuts Fall Short of ‘Game Changer’ Policy
  Yahoo/Bloomberg
• PBOC Drafts Policy to Give Private Firms More Funding Access
  Yahoo/Bloomberg
• Guangzhou eases mortgage rules, banks flag risks as China steps up efforts to revive property sector
  Reuters
• Country Garden's cash flow in focus as troubled firm set to report $7.5 bln loss
  Reuters
• Leading BOJ Hawk Broaches Possibility of Early 2024 Rate Hike
  Yahoo/Bloomberg
• BOJ policymaker signals chance of policy tweak early next year
  Reuters
• UK Home Sales Poised to Plunge to Lowest in Over a Decade
  Yahoo/Bloomberg
• Stubborn Inflation in Germany and Spain Keeps ECB on Data Alert
  Yahoo/Bloomberg
• Data show inflation rising in some German states
  Reuters
• High pasta prices set to boil over as Canada's wheat withers
  Reuters
• Canada detects first case of highly mutated coronavirus variant BA.2.86
  Reuters
• Kyiv Hit in Biggest Blitz in Months as Russia Airbase Struck
  Yahoo/Bloomberg
• US deploys B-1B bombers for separate drills with South Korea, Japan
  Reuters
• THE (MOSTLY) EMPTY $100 BILLION CITY RISING FROM THE SEA
  Bloomberg
• Why Hurricanes Are Becoming More Intense
  WSJ

Evening

• Asia Shares Primed for Gains on China, Fed Outlook: Markets Wrap
  Yahoo/Bloomberg
• Stocks Up Most Since June as Fed Bets Sink Yields: Markets Wrap
  Yahoo/Bloomberg
• Treasuries Surge as Weak Data Prompts Paring of Rate-Hike Wagers
  Yahoo/Bloomberg
• Crypto’s Top Enemy Gensler Put on Defensive by Grayscale Ruling
  Yahoo/Bloomberg
• China’s Largest Bank Nears Record Low Valuation on Margin Woes
  Yahoo/Bloomberg

Tuesday, August 29, 2023

Afternoon

• Wall St gains as weak job openings data fuels hopes of rate-hike pause
  Reuters
• US labor market loses steam as job openings, resignations decline
  Reuters
• US consumer confidence drops in August on inflation worries
  Reuters
• Annual U.S. house price growth picked up in June - FHFA
  Reuters
• U.S. home prices rise month-over-month in June - S&P CoreLogic Case-Shiller
  Reuters
• Regional banks face another hit as regulators force them to raise debt levels
  CNBC
• US Home Cash-Out Refinancing Falls to Lowest Since 2000 After Fed Hikes
  Yahoo/Bloomberg
• Intensifying Idalia threatens Florida's Gulf Coast with storm surges
  Reuters
• Chinese investment in Brazil plunges 78% in 2022, hits lowest since 2009
  Reuters

General

• US Stocks Waver as Traders Await Deluge of Data: Markets Wrap
  Yahoo/Bloomberg
• World stocks higher as China boost lingers for now
  Reuters
• China Stocks Post Measured Gains, Settle After Monday Whiplash
  Yahoo/Bloomberg
• Oil Edges Above $80 as Traders Seek Clues on Demand Outlook
  Yahoo/Bloomberg
• US Home Prices Climb for Fifth Month Amid Tight Inventory
  Yahoo/Bloomberg
• Florida Braces for Disaster With Idalia Set for Rapid Growth
  Yahoo/Bloomberg
• America's manufacturing boom is facing a labor crunch: Morning Brief
  Yahoo Finance
• Hedge fund exposure to 7 biggest tech stocks at record high, Goldman Sachs says
  Yahoo/Bloomberg
• China Distress Mounts as Country Garden Tries to Dodge Default
  Yahoo/Bloomberg
• All eyes on Country Garden's cash flow as troubled firm set to report loss
  Reuters
• China Pledges to Speed Up Fiscal Spending to Boost Economy
  Yahoo/Bloomberg
• China Banks to Cut Rates on Mortgages, Deposits in Stimulus Push
  Yahoo/Bloomberg
• Economists Trim China Growth Forecasts, See More PBOC Easing
  Yahoo/Bloomberg
• Chinese investors rush to offshore funds to offset domestic risks
  Reuters
• Japan’s Government Highlights Progress Toward End of Deflation
  Yahoo/Bloomberg
• Japan at 'inflection point' in 25-year battle with deflation, government says
  Reuters
• BOJ’s Outlook Doesn’t Reflect Reality, Key Price Expert Says
  Yahoo/Bloomberg
• Only a Recession Can Tame West’s Inflation, Says Adviser to UK Chancellor
  Yahoo/Bloomberg
• As Rates Near Their Peak, the Pain Begins for Europe's Borrowers
  Yahoo/Bloomberg
• Taiwan warns of surge in tensions as Chinese planes cross median line
  Reuters
• Paid Late, or Never: Painters, Builders and Brokers Hit by China’s Property Crisis
  NYT
• Country Garden asks for more time to repay renminbi bond
  FT
• Can China arrest the renminbi’s slide?
  FT
• China’s shoppers hesitate to spend big in face of deflation
  FT
• German wages rise at record pace in second quarter
  FT
• Alternative investments lose steam as fundraising slows down
  FT
• El Niño’s storm clouds gather over global food prices
  FT

Evening

• Asian Stocks Set for Gains With Economy in Focus: Markets Wrap
  Yahoo/Bloomberg
• Wall Street ends higher as investors await US inflation, jobs data
  Reuters
• Oil Steadies Near $80 as Traders Seek Clues on Demand Outlook
  Yahoo/Bloomberg
• Florida Braces for Disaster With Idalia Set for Explosive Growth
  Yahoo/Bloomberg
• How does Storm Idalia compare to the most powerful hurricanes in US history?
  Reuters
• Exxon says world set to fail 2°C global warming cap by 2050
  Reuters
• Asian Loan Volumes Plunge to Six-Year Low on China Slowdown
  Yahoo/Bloomberg
• Yen to Retreat to 1990 Levels If BOJ Stays Dovish, Goldman Says
  Yahoo/Bloomberg

Monday, August 28, 2023

Afternoon

• Wall St gains on boost from megacaps ahead of key economic data
  Reuters
• Florida Faces Fuel Squeeze as Storm Stalls Barge Traffic
  Reuters
• Two-Year Treasury Notes Draw Highest Yield Since 2006 at Auction
  Bloomberg
• Apple's iPhone Supply Chain Splinters Under US-China Tensions
  Bloomberg
• U.S. and China Take Steps to Ease Tensions Over Export Control Policies, Raimondo Says
  WSJ
• Beijing’s Stock Market Playbook Won’t Work for Long
  WSJ
• Anti-Japanese Feeling Rises in China After Fukushima Water Discharge
  WSJ

General

• Stocks Gain as Traders Assess Rates, China Support: Markets Wrap
  Yahoo/Bloomberg
• China Markets Rally as Authorities Take Steps to Lift Sentiment
  Yahoo/Bloomberg
• Emerging-Market Rally Runs Into Doubts Over China and Fed Policy
  Yahoo/Bloomberg
• Oil Steadies as China Stimulus Moves Vie With Demand Concerns
  Yahoo/Bloomberg
• Powell signals no retreat, no surrender
  Reuters
• Post-pandemic, world facing gloomy stew of debt, trade wars and poor productivity
  Reuters
• Traders Have S&P 500 Comebacks Fading at Historic Pace
  Yahoo/Bloomberg
• Everything China Is Doing to Juice Its Flagging Economy
  Yahoo/Bloomberg
• China’s Economic Slump Continues to Batter Old Economy Steel and Coal Sectors
  Yahoo/Bloomberg
• Heavy rains, floods inundate China; Hunan province sees record rain, thousands evacuated
  Reuters
• BOJ Ueda says China's slowdown adds to economic uncertainty
  Reuters
• ECB’s Holzmann Sees Case for Rate Hike If No Surprises Turn Up
  Yahoo/Bloomberg
• Auto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit Carmakers
  Bloomberg
• Rising Gasoline Prices Hit Inflation-Weary Americans
  WSJ
• Americans Are Bailing on Their Home Insurance
  WSJ
• Utilities Face a Growing Dilemma: Shut Off Power or Risk Wildfires
  WSJ
• Chinese companies’ earnings to lay bare impact of economic slowdown
  FT
• Eurozone money supply shrinks for first time in 13 years as lending slows
  FT
• The growing fiscal drag of the BoE’s QE indemnity
  FT