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Thursday, August 18, 2022

Thursday's News Links

[Yahoo/Bloomberg] Stocks Muted Amid Fed Concerns; Dollar Stalls: Markets Wrap

[Reuters] Oil rises on U.S. crude stocks data, tight supply outlook

[Reuters] U.S. weekly jobless claims edged lower last week

[CNBC] Home sales fell nearly 6% in July as housing market slides into a recession

[AP] US to hold trade talks with Taiwan, island drills military

[Yahoo/Bloomberg] Ukraine Latest: Zelenskiy’s Lviv Meeting; Grain Volumes Grow

[Reuters] Russia says Ukraine planning 'provocation' at nuclear plant; Kyiv dismisses accusation

[Yahoo/Bloomberg] Gold Seen Rising Above $2,000 on Inflation, Mining Veteran Says

[Reuters] U.S., Taiwan to start formal trade talks under new initiative

[CNBC] Turkey shocks markets with rate cut despite inflation near 80%

[Yahoo/Bloomberg] A $379 Billion Hole Emerges in Developing Nations’ War Chests

[Yahoo/Bloomberg] Japan’s Inflation Getting Harder for Kuroda to Explain Away

[Reuters] Australia jobless rate hits fresh 48-year low, even as employment falls

[Reuters] Torrential rains lash New Zealand for 3rd day, hundreds evacuate homes

[Yahoo/Bloomberg] China Plans More Fiscal Stimulus as Economy Outlook Darkens

[Yahoo/Bloomberg] China Is Ramping Up Swiss Gold Imports, Signaling Better Demand

[Reuters] China risks miscalculation with pressure on Taiwan, U.S. says

[Bloomberg] China’s Covid Cases Surge to Three-Month High on Hainan Outbreak

[NYT] It Was the Housing Crisis Epicenter. Now the Sun Belt Is an Inflation Vanguard.

[WSJ] Fed Officials See Need for Continued Interest-Rate Increases, but Less Certainty Over Destination

[WSJ] Rising Interest Rates Put the Squeeze on Fintech Lenders

[FT] Fed officials signal restrictive rates may be needed ‘for some time’

[FT] Quant funds support market rally by ramping up bets on US stocks

[FT] China boosts coal usage as extreme heat triggers power shortages

[FT] China’s largest property group Country Garden warns of 70% plunge in profit