Wednesday, June 9, 2021

Thursday's News Links

[Yahoo/Bloomberg] U.S. Equities Rise, Yields Steady After CPI: Markets Wrap

[Reuters] World shares, dollar hit pause ahead of U.S. inflation data

[CNBC] U.S. consumer price index rose 5% year-over-year, vs. 4.7% estimate

[Yahoo/Bloomberg] Gain in U.S. CPI Exceeds Forecasts, Fuels Inflation Concern

[Yahoo/Bloomberg] U.S. Initial Jobless Claims Decline for a Sixth Consecutive Week

[AP] Another jump in prices tightens the squeeze on US consumers

[Reuters] ECB maintains copious stimulus even as recovery takes hold

[Reuters] China bank loans unexpectedly rise in May, but broader credit growth slows

[Dow Jones] China's Yuan Loan Issuance Rose Above Expectations in May

[Yahoo/Bloomberg] Housing Boom Fuels Bets That Fed Will Taper Mortgage Bonds First

[Reuters] Analysis: As Fed taper looms, global central banks eye their own exits from stimulus

[Reuters] Bank regulators plot toughest capital rule for bitcoin

[CNBC] Homeowners got $2 trillion richer during the first three months of the year

[Reuters] Hoover Dam reservoir hits record low, in sign of extreme western U.S. drought

[Reuters] Japan's wholesale prices rise at fastest pace in 13 years on commodities surge

[Reuters] Young voter anger over housing, jobs threatens Moon’s legacy in South Korea

[Yahoo/Bloomberg] World Food Import Bill Set to Reach Record Amid Soaring Costs

[Bloomberg] ECB to Plot Next Phase of Pandemic Bond Buying

[WSJ] Pentagon to Speed Up Efforts to Counter China

[FT] Joe Biden rallies allies to take tougher stance on China

[FT] ECB sticks to bond-buying plan despite improving eurozone economy

Wednesday Evening Links

[Reuters] U.S. stocks end lower ahead of inflation report

[Reuters] Dollar hovers near flat as focus turns to upcoming data, ECB meeting

[Yahoo/Bloomberg] Oil Dips as Growing U.S. Fuel Supplies Cloud Summer Rebound

[CNN] The perfect storm making everything you need more expensive

[Dow Jones] Top U.S., Taiwan Trade Officials to Talk as Early as Thursday

[Bloomberg] The Fed Is Paying 0.00%. Such a Deal! Depositors Are Flocking

Wednesday Afternoon Links

[Reuters] S&P 500 flirts with record high, 'meme' rally rolls on 

[Yahoo/Bloomberg] Treasury Yields Slip Below 1.5% as Inflation Fears Ebb

[Reuters] Treasuries - Benchmark U.S. yield falls below 1.5% for first time in a month

[Yahoo/Bloomberg] Newest Meme Stocks Extend Gains With No Sign of Craze Fading

[Reuters] U.S. senators pursue infrastructure plan without tax hikes

[Reuters] U.S. Fed's reverse repo volume soars to half a trillion dollars

[Yahoo Finance] Severe supply shortage fuels hot housing market: BofA report

[Yahoo Finance] Lumber is adding $34,000 to the cost of a new house: BofA report

[Yahoo/Bloomberg] ‘Every Bushel Matters’ as Drought Keeps Crop Markets on Edge

[Yahoo/Bloomberg] Sticky Inflation Fuels Rate-Hike Pressure in Brazil and Mexico