Daily News Links

8395 posts

Friday, July 16, 2021

General

• U.S. Stocks Advance With Earnings in Focus: Markets Wrap
  Yahoo/Bloomberg
• Oil Heads for Biggest Weekly Loss Since March on Virus Comeback
  Yahoo/Bloomberg
• U.S. retail sales unexpectedly rise in June
  Reuters
• Service sector business activity surges in NY region -NY Fed survey
  Reuters
• U.S. issues advisory to businesses warning of Hong Kong risks
  Reuters
• China to order developers to disclose commercial paper debt every month - sources
  Reuters
• Global bond fund inflows fall on inflation worries- Lipper
  Reuters
• New Zealand Inflation Surges, Fueling RBNZ Rate-Hike Bets
  Yahoo/Bloomberg
• Mask mandate returns to Los Angeles as coronavirus cases rise
  Reuters
• Home Buyers Paying Cash Are Dominating the Property Market in These Cities
  Bloomberg
• Yield Premium on Riskier Corporate Bonds Nears All-Time Low
  WSJ
• Credit rating upgrades hit record pace as US economy rebounds
  FT
• Demand for loan ETFs ‘skyrockets’ as inflation worries intensify
  FT
• China snubs senior US official in worsening diplomatic stand-off
  FT
• Bank of England urged to spell out plans to curb inflation
  FT

Thursday, July 15, 2021

Evening

• Asian Stocks Set to Slip, Bonds Up on Growth Worry: Markets Wrap
  Yahoo/Bloomberg
• Wall St falls as growth stocks slip, value plays rise on falling jobless claims
  Reuters
• Fed's Powell rapped on inflation, regulations in Senate hearing
  Reuters
• Yellen sees ‘several more months of rapid inflation’ before easing, worries about housing impact
  CNBC
• Yellen says concerned about housing prices but inflation to calm
  Reuters
• Oregon wildfire displaces 2,000 residents as blazes flare across U.S. West
  Reuters
• Biden, Merkel vow common front on Russia, China
  Reuters
• U.S. to sanction Chinese officials and warn companies over Hong Kong -sources
  Reuters
• Gundlach says the dollar is ‘doomed’ over the long term because of rising U.S. deficits
  CNBC

General

• U.S. Stocks, Yields Slip After Powell, China Data: Markets Wrap
  Yahoo/Bloomberg
• Treasury yields dip, continuing their three-month slide
  CNBC
• Fed boosts bonds, Delta blues stall stocks
  Reuters
• Oil Drops for Second Day After Surprise Jump in Gasoline Stocks
  Yahoo/Bloomberg
• Jobless claims hit new pandemic low, while New York manufacturing notches record high
  CNBC
• Biden pitches huge budget, says Dems will ‘get a lot done’
  AP
• Biden Faces Hard Sell in Asia for Anti-China Digital Trade Pact
  Yahoo/Bloomberg
• China’s V-Shaped Recovery Steadies as Retail Spending Gains
  Yahoo/Bloomberg
• China Reinforces Policy Stance With Cutback in Loan Injections
  Yahoo/Bloomberg
• China's economy grows more slowly than expected in second quarter
  Reuters
• China property investment growth slows in H1
  CNBC
• Fed’s Bullard Urges Start of Bond Taper With Jobs Goals Met
  Bloomberg
• El-Erian: Fed Raises Risk of Policy Mistake and Market Accidents
  Bloomberg
• New York Manufacturing Expands at Record Pace, Price Gauge Rises
  Bloomberg
• Why Cutting Unemployment Aid Isn’t Filling America’s 9.2 Million Open Jobs
  Bloomberg
• China Home Price Growth Slows Under Tougher Mortgage Borrowing
  Bloomberg
• BOE Policy Makers Signal U.K. Stimulus May be Curtailed Soon
  Yahoo/Bloomberg
• Wall Street Has Surrendered to the $500 Billion ETF Rush
  Yahoo/Bloomberg
• Reddit Traders Are Upending the World of Credit Investing, Too
  Yahoo/Bloomberg
• Residents count cost as South Africa looting starts to die down
  Reuters
• China’s Growth Slows as Pandemic Fears Persist
  NYT
• How Is the Economy Doing? Here’s What Banks Say
  WSJ
• China to Walk a Fine Economic Line After Posting Second-Quarter Growth
  WSJ
• Republicans Highlight Inflation in Effort to Thwart Biden’s Midterm Economic Case
  WSJ
• China warns of economic uncertainty despite moderate recovery in Q2
  FT
• ETF industry on track for record year as investor inflows reach $659bn
  FT

Evening

• Asia Stocks Mixed After Powell as China Data Loom: Markets Wrap
  Yahoo/Bloomberg
• Oil Extends Losses on U.S. Stockpile Gain While OPEC+ Nears Deal
  Yahoo/Bloomberg
• Powell Sees Tapering a ‘Ways Off,’ Gets House Inflation Grilling
  Yahoo/Bloomberg
• Job gains strong, prices rising as U.S. recovery continues -Fed Beige Book
  Reuters
• Biden backs $3.5 trln spending plan, Republicans blast massive package
  Reuters
• Chile central bank increases benchmark interest rate to 0.75%
  Reuters
• Rising inflation risks might hasten BoE towards action -Ramsden
  Reuters
• Brazil's Bolsonaro, stabbed in 2018, may need emergency surgery
  Reuters
• Summer setback: COVID deaths and cases rising again globally
  AP

Wednesday, July 14, 2021

Afternoon

• Wall St eases as declines in cyclicals outweigh boost from growth stocks
  Reuters
• Gold jumps as Powell plays down Fed taper talk
  Reuters
• Oil Drops as U.S. Fuel Stocks Grow and OPEC+ Closer to Deal
  Yahoo/Bloomberg
• Fed's Powell stays focused on jobs recovery, expects inflation to ease
  Reuters
• Key Moderate Democrats Not Yet on Board With Senate Budget Plan
  Yahoo/Bloomberg
• U.S. crude stockpiles fall for eighth week in a row - EIA
  Reuters
• The junk bond market is on fire this year as yields hit a record low
  CNBC
• Social Security recipients may get biggest cost-of-living bump in almost 40 years
  CBS
• Bank of Canada Boosts Inflation Forecast, Dials Back Bond Buying
  Bloomberg
• Global Bonds Look to Powell as Inflation Surges Test Nerves
  Bloomberg
• Powell Expects Inflation to Moderate, but Will Likely Remain Elevated This Year
  WSJ
• Time Is Money for Companies Facing Transport Snarl
  WSJ
• BlackRock chief warns on inflation as staff enjoy 8 per cent pay rise
  FT

General

• Stocks Gain as Earnings Roll In; Treasuries Rise: Markets Wrap
  Yahoo/Bloomberg
• Dollar hits three-month high vs euro, stocks slip on inflation fears
  Reuters
• Inflation at wholesale level increases 1.0% in June
  AP
• U.S. producer prices surge more than expected in June
  Reuters
• Powell Says Achieving ‘Substantial Further Progress’ a Ways Off
  Yahoo/Bloomberg
• Yellen, Powell to Discuss Financial Risks of Hot Housing Market
  Yahoo/Bloomberg
• Weekly mortgage refinances spike 20% after interest rates drop to February low
  CNBC
• U.S. Senate Democrats agree to $3.5 trln for budget reconciliation bill
  Reuters
• China Traders to Scrutinize Maturing Mega Loan for Policy Clues
  Yahoo/Bloomberg
• China Slams ‘Sinister’ U.S. Over Hong Kong, Digital Trade Deal
  Yahoo/Bloomberg
• US COVID-19 cases rising again, doubling over three weeks
  AP
• Hospitalizations rising again as delta variant spreads among the unvaccinated, doctors say
  CNBC
• New Zealand Will End QE in Possible Prelude to Rate Hike
  Yahoo/Bloomberg
• S.Korea tightens COVID curbs across most of country after daily cases hit record
  Reuters
• Food Shortages Set to Grip South Africa After Rioters Rampage
  Yahoo/Bloomberg
• Inflation Is Now an Undeniable Reality: Authers’ Indicators
  Bloomberg
• ECB Poised to Take Next Step in Revolutionizing Euro-Zone Money
  Bloomberg
• Chinese State Media Blasts U.S. Plan for Digital Trade Deal
  Bloomberg
• How the Rising Cost of Food Is Sweeping Around the World
  Bloomberg
• Lumber Prices Are Way Down—But Don’t Expect New Houses to Cost Less
  WSJ
• Jay Powell says Fed ready to intervene if US inflation spirals out of control
  FT
• Taper tensions: Jay Powell under pressure as US inflation surges
  FT
• BlackRock assets under management swell to record $9.5tn
  FT
• Global investors’ exposure to Chinese assets surges to $800bn
  FT

Tuesday, July 13, 2021

Evening

• Stocks, Bonds Fall as Inflation Debate Intensifies: Markets Wrap
  Yahoo/Bloomberg
• Oil rises nearly 2% as investors size up tight market
  Reuters
• US deficit for current budget year climbs to $2.24 trillion
  AP
• Analysis: Investors pivot to Powell after more hot U.S. inflation data
  Reuters
• Surging prices for used cars, gasoline, food and airfares are driving the jump in inflation
  CNBC
• U.S. June budget deficit falls to $174 billion
  Reuters
• U.S. ramps up warnings of business risks in China's Xinjiang region
  Reuters
• Faced with rare protests, Cuba curbs social media access, watchdog says
  Reuters
• Fed’s Daly Says Inflation Temporary, Taper May Start by Year-End
  Bloomberg
• Prices Pop Again, Putting Fed and White House on Defensive
  NYT
• Pace of US inflation picks up again in test for Fed
  FT

General

• Stocks Fall, Dollar Gains as Inflation Quickens: Markets Wrap
  Yahoo/Bloomberg
• Oil Steady While IEA Warns That OPEC+ Spat May Tighten Market
  Yahoo/Bloomberg
• U.S. Consumer Prices Surged Again in June, Topping All Estimates
  Yahoo/Bloomberg
• Inflation higher than expected in June as price index rises 5.4%
  CNBC
• U.S. small business optimism rises despite labor shortage, inflation worries - NFIB
  Reuters
• Biden to Warn U.S. Companies About Hong Kong Risks, FT Says
  Yahoo/Bloomberg
• Goldman Sachs rides global dealmaking boom to smash profit estimates
  Reuters
• Trading slowdown hits the brake on JPMorgan's results
  Reuters
• China’s Export Growth Unexpectedly Accelerates in June
  Yahoo/Bloomberg
• China's June exports growth beats forecast as easing global lockdowns boost demand
  Reuters
• China Developers’ Defaults Spread as Languang Misses Payment
  Yahoo/Bloomberg
• PBOC Reiterates Monetary Policy Unchanged Despite Surprise RRR Cut
  Yahoo/Bloomberg
• ‘This feels like 1999’: Global start-up funding frenzy fuels fears of a bubble
  CNBC
• California’s New Summer Normal: Use Less Water and Electricity
  Yahoo/Bloomberg
• Sky-High Feed Prices Are Pushing Dairy Farmers Over The Edge
  Yahoo/Bloomberg
• Japan warns of crisis over Taiwan, growing risks from U.S.-China rivalry
  Reuters
• Violence spreads in South Africa as grievances boil over
  Reuters
• Dovish China Tilt Divides Market on Rate Cut, Slowdown Fears
  Bloomberg
• Fed’s Bullard: Time Is Right to Pull Back on Central Bank Stimulus
  WSJ
• Record Natural Gas Prices Give Power Markets a Jolt
  WSJ
• Cuba Cracks Down on Protests Amid Worst Economic Crisis in Decades
  WSJ
• Haiti on Brink of Anarchy Amid Hunger, Gang Violence and Power Vacuum
  WSJ
• Biden to warn US companies of risks of operating in Hong Kong
  FT
• ECB braced for split on implementing new strategy, Lagarde warns
  FT
• Pace of US ETF launches doubles in space of two years
  FT
• South Africa struggles to contain worst unrest in decades
  FT

Monday, July 12, 2021

Evening

• Stock futures mostly flat ahead of bank earnings
  CNBC
• Asia Stocks to Edge Higher as Earnings Season Eyed: Markets Wrap
  Yahoo/Bloomberg
• Stocks Hit Records Ahead of Earnings; Oil Falls: Markets Wrap
  Yahoo/Bloomberg
• Lumber Wipes Out 2021 Gain With Demand Ebbing After Record Boom
  Yahoo/Bloomberg
• Cryptocurrency trading volume plunges as interest wanes following bitcoin price drop
  CNBC
• U.S. Senate faces 'hell of a fight' amid doubts over infrastructure investments
  Reuters
• Sanders, Biden meet as infrastructure bill swells past $3.5T
  AP
• Homebuyers are finally catching a break as new listings rise and mortgage rates drop
  CNBC
• Many homebuyers are dropping out of the market
  CNN
• Aging population to hit U.S. economy like a 'ton of bricks' - U.S. commerce secretary
  Reuters
• Northern U.S. Plains drought shrivels spring wheat crop to smallest in 33 years, USDA says
  Reuters
• Drought Pushes U.S. Oat Crop to Lowest in Records Back to 1866
  Yahoo/Bloomberg
• Brutal heat wave persists in U.S. West as Oregon wildfire rages
  Reuters
• Cuba blames unrest on U.S. interference as Biden backs protests
  Reuters

Afternoon

• Stocks Rise Ahead of Earnings; Yields Turn Higher: Markets Wrap
  Yahoo/Bloomberg
• Nasdaq, S&P 500 scale new peaks as focus turns to earnings, economic data
  Reuters
• Inflation expectations surge, hitting new high for New York Fed survey
  CNBC
• Williams Pushes Back on Fed Tapering MBS Faster Than Treasuries
  Yahoo/Bloomberg
• U.S. consumers' short-term inflation outlook jumps, NY Fed survey shows
  Reuters
• New Zealand May Open Rate-Hike Door Amid Signs Economy Is Overheating
  Bloomberg
• Governments World-Wide Gorge on Record Debt, Testing New Limits
  WSJ

General

• U.S. Stocks Mixed Ahead of Earnings; Bonds Gain: Markets Wrap
  Yahoo/Bloomberg
• COVID Delta upsurge keeps stock and commodity bulls in check
  Reuters
• Oil Slips Following Two-Day Gain With Demand Outlook in Focus
  Yahoo/Bloomberg
• Wall Street’s $6 Billion Fee Bonanza Chilled by China IPO Curbs
  Yahoo/Bloomberg
• After China’s Surprise Bank Reserve Ratio Cut, Analysts Look for More Support Signs
  Yahoo/Bloomberg
• ECB to discuss new guidance after inflation target tweak -Vice President
  Reuters
• Japan wholesale prices continue to surge as import costs hit record
  Reuters
• California and other parts of the West broil and burn
  AP
• Prolonged stimulus measures are posing risks to global economy, says Russian Finance Minister
  Reuters
• China says it 'drove away' U.S. warship on anniversary of tribunal ruling
  Reuters
• U.S. repeats warning to China against attack on Philippine forces
  Reuters
• Why China and U.S. Are Clashing Over Stock Listings
  Bloomberg
• Authers: The China Trade May Be Just Starting to Unravel
  Bloomberg
• U.S. Cases Swell on Delta as Asia Tightens Curbs: Virus Update
  Bloomberg
• More Power Lines or Rooftop Solar Panels: The Fight Over Energy’s Future
  NYT
• Reversal of Long-Term Forces May Add to Inflation Threat
  WSJ
• Coffee Prices Soar After Bad Harvests and Insatiable Demand
  WSJ
• El-Erian: Lower bond yields are no longer good news for stocks
  FT

Sunday, July 11, 2021

Evening

• Stock futures open mostly flat ahead of the kickoff of earnings season
  CNBC
• Asia Stocks Seen Up; Aussie Dips on Sydney Curbs: Markets Wrap
  Yahoo/Bloomberg
• Fed's Quarles seeks global coordination on climate-related financial risk
  Reuters
• China vows retaliation after US blacklists companies
  AP
• China’s Fading ‘First-In First-Out’ Rebound Sends Global Warning
  Yahoo/Bloomberg
• Fires rage in several states as heat wave broils US West
  AP

General

• Saudi Stocks Extend Slide On Reflation Trade Slowdown: Inside EM
  Yahoo/Bloomberg
• China condemns 'unreasonable suppression' as U.S. expands economic blacklist
  Reuters
• Don't rely on markets to see inflation threat, says Summers
  Reuters
• Virus variants threaten global recovery, G20 warns
  Reuters
• Heat Scorches U.S. West as Records Fall Across the Region
  Yahoo/Bloomberg
• A Wildfire Is Pushing California Toward the Brink of Blackouts
  CNBC
• Leaders of N.Korea, China vow greater cooperation in face of foreign hostility -KCNA
  Reuters
• Global Boom in House Prices Becomes a Dilemma for Central Banks
  Bloomberg
• Higher Inflation Is Here to Stay for Years, Economists Forecast
  WSJ
• Global Tax Deal Heads Down Perilous Path in Congress
  WSJ

Saturday, July 10, 2021

General

• Biden signs order to tackle corporate abuses across U.S. economy
  Reuters
• G20 signs off on tax crackdown, warns on virus variants
  Reuters
• China Tightens Rules on Foreign IPOs in New Blow to Tech Firms
  Yahoo/Bloomberg
• Rent prices are soaring as Americans flock back to cities
  MSN/WP
• California Averts Blackouts, But More Extreme Heat Looms Ahead
  Yahoo/Bloomberg
• China Tightens Rules on Foreign IPOs in New Blow to Tech Firms
  Bloomberg
• President Biden’s Executive Order Opens New Front in Battle With Big Tech
  WSJ
• Buy, Borrow, Die: How Rich Americans Live Off Their Paper Wealth
  WSJ
• Egypt and Ethiopia Clash Over Nile River Dam as Water Scarcity Looms World-Wide
  WSJ