Tuesday, August 30, 2022

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Mixed as Dollar, Treasury Yields Advance: Markets Wrap

[Reuters] Asia continues global stock slump as Fed tightening fears flare

[Reuters] Oil prices fall 3% on recession fears

[Yahoo/Bloomberg] China Escalates Currency Defense as Yuan Nears 7 Per Dollar

[Reuters] Fed officials see U.S. interest rates rising further

[CNBC] Private payrolls grew by just 132,000 in August, ADP says in reworked jobs report

[CNBC] Mortgage demand falls even further, as rates shoot back up to July highs

[CNBC] Fed’s Mester sees benchmark rate above 4% and no cuts at least through 2023

[Yahoo/Bloomberg] Powell Abandons Soft Landing Goal as He Seeks ‘Growth Recession’

[Reuters] California braces for another run of extreme heat

[Yahoo/Bloomberg] Euro-Zone Inflation Hits Record as ECB Hawks Push Jumbo Hike

[Reuters] Russia deepens Europe's energy squeeze with new gas halt

[Reuters] High inflation, recession risk widen ECB dilemma

[Yahoo/Bloomberg] China’s Factories Still Struggling as Power Cuts Curb Output

[Reuters] China's Aug factory activity extends declines as risks grow

[Reuters] China sets October start for congress seen as Xi coronation

[Reuters] BOJ policymaker warns of fragile recovery, signals sustained low rates

[Reuters] Chinese military continues 'high intensity' patrols near Taiwan -Taiwanese defence ministry

[Reuters] The Gorbachev era and the collapse of the Soviet Union

[MSN/WP] Chinese react to Gorbachev’s death, accuse him of selling out Russia

[AP] UN weather agency predicts rare ‘triple-dip’ La Nina in 2022

[Bloomberg] Deadly Floods Are Wreaking Global Havoc

[WSJ] China Factories Hurt Amid Covid Disruptions, Heat Wave, Property Slump

[FT] European debt market hit by historic sell-off after rate rise bets

[FT] China drought highlights economic damage wrought by global warming

[FT] Mikhail Gorbachev, last Soviet leader, 1931-2022