Sunday, September 4, 2022

Monday's News Links

[Yahoo/Bloomberg] European Stocks, Euro Sink as Energy Woes Worsen: Markets Wrap

[Reuters] European stocks fall after gas pipeline shutdown

[Reuters] Euro plunges to new 20-year low after Russian gas halt

[Reuters] Oil prices jump more than 3% as OPEC+ agrees small oil output cut

[Yahoo/Bloomberg] China’s Currency Struggles Spell Trouble Across Emerging Markets

[Reuters] EU races to help industry as Russian gas halt rattles markets

[Reuters] Russia blames Europe for gas crisis, warns West of oil retaliation

[Yahoo/Bloomberg] Europe’s Commodity Firms Are Buckling Under the Energy Crisis

[Reuters] Europe heading for recession as cost of living crisis deepens

[Yahoo/Bloomberg] What to Watch as Commodities Markets Brace for Hits to Supply

[Yahoo/Bloomberg] EU to Consider Special Interventions as Power Crisis Worsens

[Reuters] Liz Truss vows tax cuts after winning vote to be next British PM

[Reuters] China to cut FX reserve ratio to help limit yuan weakness

[Yahoo/Bloomberg] China Cuts Forex Reserve Ratio in Bid to Support Tumbling Yuan

[Reuters] China's 2022 property sector outlook worsens, home prices seen falling

[CNN] Chinese cities rush to lockdown in show of loyalty to Xi's 'zero-Covid' strategy

[Reuters] Japan's services sector shrinks for first time in five months in August - PMI

[Yahoo/Bloomberg] Turkey’s Inflation Exceeds 80% in Worst Price Blowout Since 1998

[MarketWatch] Historian Niall Ferguson warns the world is sleepwalking into an era of political and economic upheaval

[Bloomberg] China’s Chengdu Extends Lockdown as Covid Persists in Megacity

[WSJ] Europe Girds for Energy Market Turbulence After Russian Gas Cut

[FT] Russia switches off Europe’s main gas pipeline until sanctions are lifted

[FT] ECB takes hawkish shift as inflation surge shreds faith in models

[FT] Power producers call for collateral change to avert ‘Lehman’ moment