Thursday, June 24, 2021

Friday's News Links

[Yahoo/Bloomberg] Stocks Rise After Economic Data; Dollar Falls: Markets Wrap

[Reuters] Dollar edges lower ahead of U.S. inflation data

[Reuters] Gold gains on dollar dip, while focus turns to inflation

[CNBC] Key inflation indicator posts biggest year-over-year gain in nearly three decades

[AP] May consumer spending flat; incomes fall and prices jump

[Reuters] U.S. inflation likely to remain elevated for up to four years - BofA

[Yahoo/Bloomberg] Wall Street Binges on Volatility Hedges as Stocks Hit Records

[Yahoo/Bloomberg] A Red-Hot Corner of Wall Street Catapults Toward $1 Trillion Mark

[Reuters] Euro zone to recover faster than thought, still needs support -ECB

[Yahoo/Bloomberg] China Banks Stockpile Record $1 Trillion of Foreign Exchange

[Reuters] First COVID-19 case could have emerged in China in Oct 2019 - study

[Reuters] Russia says Britain, U.S. are stirring up Black Sea row

[Bloomberg] Powell Inflation-View Backed by Fed Majority in Rate Debate

[Bloomberg] Japan Sees China-Taiwan Friction as Threat to Its Security

[NYT] Why Washington Can’t Quit Listening to Larry Summers

[WSJ] Coal Prices Hit Decade High Despite Efforts to Wean the World Off Carbon

[WSJ] India Warns of New Versions of Delta Variant Spreading

[WSJ] Vaccinated People Account for Half of New Covid-19 Delta Cases in Israeli Outbreak

[FT] Hedge funds rethink tactics after $12bn hit from meme stock army

[FT] Between chaos and control: China’s century of revolutions

[FT] Senior Nato officer warns of China’s ‘shocking’ military advances