Wednesday, December 15, 2021

Thursday's News Links

[Yahoo/Bloomberg] Stocks Rise as Central Banks Weigh In: Markets Wrap

[Reuters] Turkish lira slumps to new low after interest rate cut

[Yahoo/Bloomberg] Oil Rises on Hawkish Fed and as U.S. Demand Withstands Omicron

[Reuters] BoE becomes first major central bank to raise rates since pandemic

[Reuters] ECB dials back stimulus a notch but promises continued support

[Yahoo/Bloomberg] U.S. Housing Starts Rise More Than Forecast to Eight-Month High

[CNBC] Weekly jobless claims total 206,000, higher than expected and above pandemic low

[AP] Why the Fed feels now is time to tighten credit more quickly

[Yahoo/Bloomberg] Money Manager Disappears With $313 Million From China Developer

[CNBC] ‘We’re heartbroken. We’re overwhelmed’ — U.S. hospitals grapple with delta outbreak as omicron takes root

[Yahoo/Bloomberg] France Restricts Travel From U.K. After Cases Jump: Virus Update

[Yahoo/Bloomberg] Creditors Sue for Claims Topping $13 Billion: Evergrande Update

[Yahoo/Bloomberg] China Regulators in Talks With Shimao, Trusts on Loan Extension

[Yahoo/Bloomberg] Turkey Raises Minimum Wage Sharply to Offset Higher Prices

[Reuters] Explainer: 'Communism vs fascism?' Chile braces for polarized presidential run-off

[WSJ] Democrats’ $2 Trillion Package Stalls as Manchin Talks Make Little Headway

[WSJ] Turkey’s Currency Crisis Escalates After Central Bank Again Cuts Rates

[FT] ECB to exit pandemic QE programme as inflation soars

[FT] Bank of England raises key interest rate to 0.25%

[FT] Fed’s ‘pivot is complete’ in the face of inflationary pressures

[FT] US borrowers breach loan limit guidance at record pace

[FT] Australia’s central bank signals it could end quantitative easing in February

Wednesday Evening Links

[Reuters] Wall St ends higher; Fed to end bond purchases in March

[Yahoo/Bloomberg] Gold Rebounds as Dollar Gains Ebb, Investors Reassess Fed Shift

[Yahoo/Bloomberg] Breakevens Jump as Powell Threads Needle on Fed Policy Path

[Yahoo/Bloomberg] Fed Doubles Taper, Signals Three 2022 Hikes in Inflation Pivot

[AP] US faces a double coronavirus surge as omicron advances

[Yahoo/Bloomberg] Germany Rations Shots; Met Opera’s Booster Mandate: Virus Update

[AP] Colleges go back to drawing board — again — to fight COVID

[NYT] How Did Turkey’s Economy Go So Wrong?

Wednesday Afternoon Links

[CNBC] Dow jumps 380 points, Nasdaq surges 2% in relief rally after Fed gives rate hiking timeline

[Reuters] Fed sees three interest rate hikes in 2022 as inflation fight begins

[CNBC] Fed will aggressively dial back its monthly bond buying, sees three rate hikes next year

[CNBC] Here’s what changed in the new Fed statement

[Reuters] UK reports record daily COVID cases with Omicron spreading rapidly

[Yahoo/Bloomberg] U.K. New Cases Hit Record; NYC Threatens Fines: Virus Update

[CNBC] Omicron ‘probably the most significant threat’ since start of the pandemic, British health chief says

[Yahoo/Bloomberg] Money Rushes Out of Chile as Cracks Deepen in Economic Model

[Yahoo/Bloomberg] More Tornadoes Could Be Coming for the Central U.S.

[Reuters] Exclusive: Ukraine sees no sign of Russia withdrawing troops from border