Tuesday, June 7, 2022

Wednesday's News Links

[Yahoo/Bloomberg] US Stocks Slip on Inflation Angst; Dollar Gains: Markets Wrap

[Yahoo/Bloomberg] Yen Tumble Continues as Weakness Spreads Beyond the Dollar

[Reuters] Oil prices advance despite U.S. inventory rise

[Yahoo/Bloomberg] Lira Sinks to 17 Per Dollar as Erdogan Rate Talk Fuels Forex Demand

[CNBC] Mortgage demand falls to the lowest level in 22 years, amid rising rates and slowing home sales

[Reuters] Wall Street regulator to spell out push to overhaul stock trading -sources

[Yahoo/Bloomberg] Funding Squeeze at Buy-Now-Pay-Later Pioneer Flashes Industry Warning

[Reuters] World Bank slashes global growth forecast to 2.9%, warns of 'stagflation' risk

[Yahoo/Bloomberg] Shock of War Threatens Lasting Impact on Global Economy

[Yahoo/Bloomberg] Ukraine Latest: Grain Talks Without Kyiv, Merkel’s Putin Stance

[Yahoo/Bloomberg] Turkey Backs Russia on Sanctions as Ukraine-Grain Deal Elusive

[Yahoo/Bloomberg] China Export Boom Fades as Buying Shifts, Cheap Rivals Gain

[Yahoo/Bloomberg] Euro-Zone Economy Grew More Than Estimated at Start of Year

[AP] India's central bank raises interest rate to fight inflation

[Reuters] Omicron sub-variants BA.4 and BA.5 account for up to 13% of COVID variants in U.S. - CDC

[WSJ] Tech’s Decade of Stock-Market Dominance Ends, For Now

[WSJ] Inflation Hits Lawn Care, So Americans Get Their Mowers Out

[WSJ] Lucid, Rivian Each Awarded CEOs More Than $400 Million in Pay Last Year

[WSJ] China to Upgrade Ream Naval Base in Cambodia, Fueling U.S. Concerns

[NYT] Global Growth Will Be Choked Amid Inflation and War, World Bank Says

[FT] Lagarde in the hot seat as ECB ends easy-money era

[FT] Europe faces a miserable few months ahead

[FT] BoJ’s Kuroda forced to retract claim consumers tolerant of price rises

[FT] Turkish lira’s slide accelerates as Erdoğan vows to continue slashing rates

[FT] Trafigura warns oil prices could reach ‘parabolic state’ in threat to economy