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

Thursday Afternoon Links

[Reuters] Nasdaq and S&P 500 end at record highs; Dow rallies

[Reuters] 'We have a deal:' Biden OK's $1.2 trillion infrastructure plan

[Reuters] Job hole or inflation? Fed policymakers split over risk view

[CNBC] Supply chain pressures are still a problem due to workforce shortages, manufacturing group says

[Yahoo/Bloomberg] Mexico’s Central Bank Stuns Economists With Key Rate Hike

[Yahoo/Bloomberg] Delta Variant Is Surging From Colorado to Israel: Virus Update

[Reuters] Russia warns Britain it will bomb ships next time

[Bloomberg] China’s PBOC Leads the Fed in Weaning the Economy Off Stimulus

[Bloomberg] Biden Demands Beijing End Crackdown on Hong Kong Journalists

[NYT] Top U.S. Officials Consulted With BlackRock as Markets Melted Down

[FT] Tett: A contest to control crypto is under way