Daily News Links

8395 posts

Friday, August 13, 2021

General

• Stocks Steady as Europe Extends Win Streak: Markets Wrap
  Yahoo/Bloomberg
• Oil Steady as Covid Return Casts Shadow Over Demand Outlook
  Yahoo/Bloomberg
• Analysis: As Fed shifts gears, shaping consensus gets trickier for Powell
  Reuters
• U.S. House moderates to add to Democratic divisions on budget plan: NYT
  Reuters
• China’s Port Shutdown Raises Fears of Closures Worldwide
  Yahoo/Bloomberg
• Things Are Suddenly Turning Against South Korea’s Markets
  Yahoo/Bloomberg
• Traders Pile Into Tail-Risk Bets That Fed Won’t Hike at All
  Yahoo/Bloomberg
• Hedge Fund Winners and Losers of China’s Sudden Crackdown
  Yahoo/Bloomberg
• China's new US envoy stresses importance of Taiwan in first high level meeting
  Reuters
• Droughts shrink hydropower, pose risk to global push to clean energy
  Reuters
• Taliban captures two major cities, tightening grip on Afghanistan
  Reuters
• Home Prices Jumped Across the U.S. in Second Quarter
  WSJ
• Evergrande’s Enormous Bill Finally Comes Due
  WSJ
• China puts growth ahead of climate with surge in coal-powered steel mills
  FT

Thursday, August 12, 2021

Evening

• Asia Stocks Set for Cautious Start After U.S. High: Markets Wrap
  Yahoo/Bloomberg
• S&P 500, Dow set fresh records as recovery marches forward
  Reuters
• China signals crackdown on privacy, data, anti-trust to go on
  Reuters
• States that had a grip on COVID now seeing a crush of cases
  AP
• China Preparing to Recognize Taliban if Kabul Falls: Sources
  USNWR
• Massive China Port Shutdown Raises Fears of Closures Worldwide
  Bloomberg

Afternoon

• Stocks hold near highs; Treasury yields, dollar firm as tapering debate dominates
  Reuters
• Technology stocks lift S&P 500 to record high in listless session
  Reuters
• Oil Dips as Traders Weigh Delta’s Impact on Global Demand
  Yahoo/Bloomberg
• Global M&A volumes hit new record in 2021, overtaking last year's haul
  Reuters
• First water cuts in US West supply to hammer Arizona farmers
  AP
• Mexico Delivers Second Straight Rate Hike on High Inflation
  Yahoo/Bloomberg
• Brazil Central Bank Vows to Do What’s Needed to Tame Prices
  Yahoo/Bloomberg
• Taliban poised to capture Afghan cities of Herat, Kandahar
  Reuters
• Climate change more strongly linked to downside economic growth risks: Fed paper
  Yahoo/Bloomberg

General

• Copper Gains on Strike Threat; U.S. Stocks Steady: Markets Wrap
  Yahoo/Bloomberg
• Asian shares fall as Delta fears eclipse Wall Street uptick
  Reuters
• Oil Steady While Traders Weigh Impact of Delta Variant on Demand
  Yahoo/Bloomberg
• Wholesale prices jump 1% in July, matching June increase
  AP
• Home Prices in the U.S. Soar 23%, the Fastest Rate on Record
  Yahoo/Bloomberg
• U.S. jobless claims fall as labor market recovery continues
  Reuters
• Fed framework gives rise to mash-up of views, averaging strategies
  Reuters
• China Signals Its Regulatory Crackdown Will Go On for Years
  Yahoo/Bloomberg
• Evergrande Gets Loan Extensions From Several Major Creditors
  Yahoo/Bloomberg
• China’s Summer of Stock Market Turbulence: A Timeline
  Yahoo/Bloomberg
• China Huarong’s Journey From Safe Bet to Bad News: A Timeline
  Yahoo/Bloomberg
• China Halts Approvals for New Residential Real Estate Funds
  Yahoo/Bloomberg
• Japan wholesale inflation hits 13-year high as import costs rise
  Reuters
• California wildfire wreaks more destruction as temperatures rise
  Reuters
• Crypto Market’s Climb Back Toward $2 Trillion Faces U.S. Hurdle
  Yahoo/Bloomberg
• Your Daily Coffee Habit is About to Get More Expensive
  NYT
• Inflation Punishes the Unprotected
  WSJ
• Global ETF Assets Hit $9 Trillion
  WSJ
• Executive Stock Sales Are Under Scrutiny. Here’s What Regulators Are Interested In.
  WSJ
• Frackers, Shippers Eye Natural-Gas Leaks as Climate Change Concerns Mount
  WSJ
• Tapering of asset purchases could start as soon as this year, says Fed’s Daly
  FT
• China unveils five-year plan to strengthen control of economy
  FT

Wednesday, August 11, 2021

Evening

• Asia Eyes Steady Start Amid Taper Debate; Bonds Up: Markets Wrap
  Yahoo/Bloomberg
• Fed officials grapple over timeline for tapering asset purchases
  Reuters
• Biden says he trusts Fed to take action on inflation if needed
  Reuters
• Liquidity Is Evaporating Even Before the Fed Taper Hits Markets
  Yahoo/Bloomberg
• Uruguay Lifts Key Rate to 5% With Inflation Above Target
  Yahoo/Bloomberg
• El-Erian: CPI Report Can’t Settle the Big Inflation Debate
  Bloomberg
• Consumer Prices Keep Climbing as Fed and White House Await a Cool-Down
  NYT

Afternoon

• Stocks, Bonds Rise as Taper Debate Takes Spotlight: Markets Wrap
  Yahoo/Bloomberg
• Gold rises as U.S. inflation readings cool early Fed taper bets
  Reuters
• U.S. yields slide after strong auction, inflation data
  Reuters
• More red ink: US budget deficit through July hit $2.54T
  AP
• U.S. July budget deficit hits $302 billion as spending remains high
  Reuters
• Democratic divisions emerge on Senate's $3.5 trln spending plan
  Reuters
• George Says Time Has Come to Dial Back Fed Monetary Stimulus
  Yahoo/Bloomberg
• Labor shortage gives retail and restaurant workers the upper hand—for now
  CNBC
• Florida hospitals are overrun as state fights one of the worst Covid outbreaks in the U.S.
  CNBC
• Huge California fire grows; Montana blaze threatens towns
  AP
• Severe drought devastates Washington state’s wheat crop
  AP
• Inflation Stayed High in July as Economy Rebounded
  WSJ

General

• Stocks Turn Higher With Bonds on Inflation Data: Markets Wrap
  Yahoo/Bloomberg
• Oil drops below $70 as U.S. urges OPEC+ to pump more
  Reuters
• Gold gains on Delta variant concerns ahead of U.S. inflation data
  Reuters
• China Evergrande Soars After Confirming Talks to Sell Assets
  Yahoo/Bloomberg
• July consumer prices jump 5.4%, but core inflation rises less than expected
  CNBC
• Weekly mortgage demand hints at return of the first-time homebuyer
  CNBC
• Biden administration sounds alarm on rising energy prices
  AP
• Manchin concerned about "grave consequences" of U.S. Senate's $3.5 trln spending plan
  Reuters
• Exclusive-Fed's Barkin: U.S. "closing in" on taper, but could still take a few months
  Reuters
• Fed's Evans: Wants "few more" job reports before bond taper
  Reuters
• China’s Credit Expands at Slowest Pace Since February 2020
  Yahoo/Bloomberg
• China auto sales tumble for a third straight month in July
  Reuters
• AMLO Is Sweeping Out Inflation Hawks in Overhaul of Central Bank
  Yahoo/Bloomberg
• Pacific Northwest braces for another multiday heat wave
  AP
• Taliban could take Afghan capital in 90 days- U.S. intelligence
  Reuters
• Manic Robinhood Era Is Forcing Quants to Rethink Popular Trades
  Bloomberg
• China Huarong Unit Rating Now Deep into Junk Territory at Fitch
  Bloomberg
• Fed’s Evans Open to Reducing Asset Purchases Later This Year
  WSJ
• Pace of US inflation stays at 13-year high in July
  FT

Tuesday, August 10, 2021

Evening

• Dow, S&P 500 scale new peaks as $1 trln infrastructure bill passes
  Reuters
• Treasuries - Yields rise; three-year auction sees solid demand
  Reuters
• Oil up more than 2%, boosted by forecast for U.S. fuel demand growth
  Reuters
• Here’s what’s next for the $1 trillion bipartisan infrastructure bill
  CNBC
• U.S. Senate turns to $3.5 trillion bill, key to Biden's agenda
  Reuters
• Bullard: Robust job growth supports Fed tapering ‘soon’
  AP
• Consumer inflation likely to be another scorcher in July, economists say
  CNBC
• Truck driver shortage ‘is about as bad as I’ve ever seen’: US Xpress CEO
  Yahoo Finance
• $611 Million in Cryptocurrencies Stolen in Massive Hack
  Newsweek

Afternoon

• Dow, S&P 500 scale new peaks as $1 trln infrastructure bill passes
  Reuters
• Oil Climbs on Confidence Demand to Hold Up Despite Viral Surge
  Yahoo/Bloomberg
• U.S. Senate passes bipartisan $1 trillion infrastructure bill
  Reuters
• U.S. productivity growth slows in Q2; labor costs revised down in Q1
  Reuters
• Supply chain issues causing ‘unprecedented’ non-recession inventory slump: JPM
  Yahoo Finance
• U.S. Energy Emissions Set to Surge Most in More Than 30 Years
  Yahoo/Bloomberg

General

• Stocks Climb; Oil Rebounds: Markets Wrap
  Yahoo/Bloomberg
• U.S. Treasury yields extend rising run on Fed taper talk
  Reuters
• Oil Rebounds From Three-Week Low as Recovery Withstands Delta
  Yahoo/Bloomberg
• U.S. small business optimism drops as labor shortages persist
  Reuters
• U.S. Senate poised to pass $1 trillion infrastructure bill, debate $3.5 trillion budget plan
  Reuters
• U.S. Inflation to Stay Hot in July as Sellers Flex Pricing Power
  Yahoo/Bloomberg
• Bond Yields’ Path Back to 2020 Highs Lies With Convexity Hedging
  Yahoo/Bloomberg
• Moderna may be superior to Pfizer against Delta; breakthrough odds rise with time
  Reuters
• Fully vaccinated people are still getting infected with Covid. Experts explain why
  CNBC
• Evergrande Units, Bonds Surge on Report of Units’ Stake Sale
  Yahoo/Bloomberg
• China’s Central Bank Outlook Fuels Calls for Policy Easing
  Yahoo/Bloomberg
• China Recalls Envoy to Lithuania In Spat Over De Facto Taiwan Embassy Opening
  Newsweek
• Australia Business Gloom Deepens as Delta Upends Economy
  Yahoo/Bloomberg
• Fed’s $8 Trillion Balance Sheet Will Only Grow
  Bloomberg
• Why Xi Jinping Waited Years to Launch His Crackdown on Tycoons
  Bloomberg
• Brazil Consumer Prices Rise More Than Expected After Rate Hike
  Bloomberg
• Evergrande Went From China’s Biggest Developer to One of Its Worst Debtors
  NYT
• Progressive Opposition to Jerome Powell Clouds His Chances for Second Term as Fed Chairman
  WSJ
• Millions of Americans Are Unemployed Despite Record Job Openings
  WSJ
• Chinese Bond Swings Threaten Global Debt Investors
  WSJ
• US debt investors spooked by Delta variant concerns
  FT
• Washington vs Big Tech: Lina Khan’s battle to transform American antitrust
  FT
• Joint Russian and Chinese military exercise stirs US unease
  FT

Monday, August 9, 2021

Afternoon

• Oil stocks pull S&P 500, Dow lower as virus fears weigh
  Reuters
• Treasuries - Yields rise on record job openings, Fed taper talk
  Reuters
• Stocks tread water as gold, oil declines spook sentiment
  Reuters
• Fed officials say tapering is near, advancing discussion on rate hike
  Reuters
• Rosengren: Fed should begin slowing stimulus efforts by fall
  AP
• Democrats release sprawling budget plan as Senate moves to pass bipartisan infrastructure bill
  CNBC
• U.S. job openings surge to new record high, hiring increases
  Reuters
• ‘Code red’: UN scientists warn of worsening global warming
  AP
• Consumer Inflation Expectations Hit Eight-Year High in Fed Study
  Bloomberg
• Fed’s Bostic Urges Faster Bond Taper as Economy Strengthens
  Bloomberg

General

• Stocks Slip; Commodities Drop on Stimulus, Virus: Markets Wrap
  Yahoo/Bloomberg
• Dollar hits four-month high on euro as markets bet on earlier Fed taper
  Reuters
• Oil slides 4% on China virus curbs and strong dollar
  Reuters
• Gold Tumbles With Silver as ‘Panic’ Selling Grips Asian Open
  Yahoo/Bloomberg
• Chinese Chipmakers Slump as Beijing Sends Speculation Warning
  Yahoo/Bloomberg
• Infrastructure senators brush off criticism from left, right
  AP
• Unemployment rate headed to a 50-year low: Goldman Sachs
  Yahoo Finance
• China’s Economic Risks Build as Delta Cases Spread, Prices Gain
  Yahoo/Bloomberg
• Wall Street investment banks cut China growth forecasts
  Reuters
• China's July factory price growth quickens, adds to business cost pressures
  Reuters
• U.N. sounds 'deafening' warning on climate change
  Reuters
• California's second-largest wildfire grows to near 500,000 acres; 3 hurt
  Reuters
• U.S. facing another "dangerous" heat wave as 107 large wildfires rage across the West
  Axios
• Transcript: Dallas Fed President Rob Kaplan on the Economy and Monetary Policy Right Now
  Bloomberg
• China’s Bonds Sell Off Most Since January on Inflation Surge
  Bloomberg
• Even Your Allergist Is Now Investing in Start-Ups
  NYT
• Rising Rents Pose Risks to the Fed’s Inflation Outlook
  WSJ
• China’s Producer Prices Jump Despite Efforts to Cool Commodities Costs
  WSJ
• ETFs set to overtake mutual funds as passive vehicle of choice
  FT
• The risks of China’s African lending
  FT

Sunday, August 8, 2021

Evening

• Stock futures are flat after Dow closes at record Friday
  CNBC
• Stocks Seen Steady After U.S. Jobs Fuel Taper Talk: Markets Wrap
  Yahoo/Bloomberg
• Late nights, early mornings await Senate on infrastructure
  AP
• Dixie Fire, still raging, is now California's second-largest wildfire ever
  Reuters
• Rising Inflation Could Crimp China’s Standout Bond Rally
  Bloomberg

General

• Fed’s Sanguine Inflation View Tested in New Data: Eco Week Ahead
  Yahoo/Bloomberg
• U.S. Senate edges toward passage of $1 tln infrastructure bill
  Reuters
• ECB must tighten policy if needed to counter inflation, Weidmann says
  Reuters
• Explainer: Beyond Delta, scientists are watching new coronavirus variants
  Reuters
• Cash Is Flooding Into Short-Term Markets Like Never
  WSJ
• Reflation trade losses pile up for hedge funds in July
  FT

Saturday, August 7, 2021

General

• Senate edges toward vote on Biden’s $1T infrastructure bill
  AP
• Wall St Week Ahead Investors wary on Washington, balancing debt ceiling and infrastructure bill
  Reuters
• U.S. consumer credit grows at record rate in June
  Reuters
• There are about 1 million more job openings than people looking for work
  CNBC
• China's export slowdown in July may signal more bumps ahead
  Reuters
• China July trade surplus with United States at $35.4 bln
  Reuters
• Cathie Wood, Meme-Stock Champion Who Bet Big on Tesla and Bitcoin, Stands Her Ground
  WSJ
• China Tech Selloff Hits Hong Kong Hard
  WSJ