Thursday, November 3, 2022

Friday's News Links

[Yahoo/Bloomberg] Stocks Jump, Dollar Down Most Since Pandemic Onset: Markets Wrap

[Reuters] China stocks notch trillion-dollar gain on hopes of reopening, better U.S. ties

[Yahoo/Bloomberg] Oil Rallies With Commodities on Optimism Over China Covid Easing

[AP] US employers keep hiring at solid pace, adding 261,000 jobs

[CNBC] U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strong

[AP] Ukraine’s president accuses Russia of ‘energy terrorism’

[Reuters] Investors pile into cash at fastest rate since COVID crisis-BofA

[Reuters] Global equity funds gain inflows for second week in a row

[CNN] First-time homebuyers are being shut out of the market like never before

[Reuters] Euro zone downturn deepens, points to winter recession

[Reuters] BoE must sell emergency bond purchases in 'timely' way - Hauser

[Yahoo/Bloomberg] Scholz Lands in Beijing for Talks With Xi Amid Europe Tensions

[Fortune] A major hedge fund just warned that hyperinflation could lead to ‘global societal collapse’—and it blames the central bank

[CNBC] U.S. Commerce Secretary Raimondo doubles down on Biden plan to restrict American companies, and citizens, from helping China make semiconductor chips

[Yahoo/Bloomberg] Cash-Starved Turkey Firms Pushed to Lira Debt Despite 36% Yields

[Reuters] North Korea fires artillery and flies jets near border as South Korea, U.S. pledge cooperation

[WSJ] Chip Makers Cut Costs as Demand Slump Supplants Pandemic’s Chip Shortage