Thursday's News Links

[Yahoo/Bloomberg] Technology Leads Stocks Higher; Oil Retreats: Markets Wrap

[Reuters] Dollar steadies; Aussie dollar nears two-week highs

[Reuters] Global stocks higher, sustained by bottomless stimulus

[CNBC] Jobless claims worse than expected as pandemic-related filings surge

[AP] GOP attacks Dems’ $1.9T COVID-19 relief bill from all angles

[Reuters] In call with China's Xi, Biden stresses rights concerns, need for free Indo-Pacific

[Reuters] China-U.S. confrontation a disaster for both countries, Xi tells Biden

[Reuters] Biden considering economist Lisa Cook for Fed Board seat - Axios

[CNBC] How Covid led to a $60 billion global chip shortage for the auto industry

[Reuters] U.S. chip industry calls on Biden administration to fund factories

[CNBC] Covid live updates: UK scientist warns of variant; U.S. cases and deaths improve

[CNBC] UK coronavirus variant on course ‘to sweep the world,’ leading scientist says

[Yahoo/Bloomberg] Traders Gear Up for Distant Day First Central Banks Hike Rates

[Yahoo/Bloomberg] Kuwait Currency Peg in Spotlight With Nation Unable to Borrow

[Yahoo/Bloomberg] Arctic Blast Drives Strongest Propane Demand in 17 Years

[Yahoo/Bloomberg] Elon Musk’s Younger Brother Sells $25.6 Million Tesla Shares

[Reuters] Taiwan, U.S. hold first Washington meeting under new administration

[WSJ] Fed’s Powell Signals Easy Money Policies to Remain in Place for a While

[WSJ] Fed’s Daly Sees Central Bank Maintaining Its Bond-Buying Pace Through 2021

[FT] The ‘stonk’ bubble poses significant global risks

[FT] Joe Biden creates Pentagon task force on China

Wednesday Evening Links

[CNBC] Stock futures dip after Dow closes at record level

[Yahoo/Bloomberg] Stocks Drop for Second Day; Treasuries Advance: Markets Wrap

[Reuters] Dollar struggles for traction after soft U.S. inflation

[Reuters] Wall Street rally pauses as big tech loses steam 

[Reuters] Treasuries - Yields tumble as inflation data misses expectations

[Reuters] Fed's Powell, invoking war effort, calls for national jobs drive

[AP] Powell stresses commitment to full employment and low rates

[CNBC] Fed Chair Powell says rates will stay low for a while, citing bleak jobs picture

[CNBC] Covid updates: Biden builds coalition to support stimulus plan; New York arenas can reopen later this month

[Reuters] Iran produces uranium metal, IAEA says, in latest breach of deal

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Edge Lower; Treasuries Gain on Subdued CPI: Markets Wrap 

[Reuters] Fed's Powell calls for broad national drive to full employment

[Reuters] U.S. January budget deficit hits record $163 bln as new aid checks sent out

[Reuters] Biden budget nominee grilled from right and left at second hearing

[Yahoo/Bloomberg] Crypto Boom Is ‘Speculative Mania,’ Bank of Canada Deputy Says

[CNBC] Covid live updates: Wearing two masks blocks up to 96% of particles; Texas opening mass vaccination centers

[Reuters] Italy's 5-Star gets in tangle over Draghi

[Reuters] Elon Musk wants clean power. But Tesla's carrying bitcoin's dirty baggage

[Bloomberg] Powell Urges ‘Society-Wide’ Push to Deliver Full Employment

[Bloomberg] U.S. Budget Gap Quintupled in January on Pandemic Aid Spending

[Bloomberg] Covid Variant Gains Momentum in U.S. as Total Cases Plummet

[WSJ] U.S. Budget Deficit Widened Last Month as Latest Stimulus Package Took Effect

[FT] Powell stresses patience in vow to keep monetary policy loose