Wednesday, November 2, 2022

Thursday's News Links

[Yahoo/Bloomberg] Selloff Deepens After Fed Warning, BOE Rate Hike: Markets Wrap

[Reuters] Dollar rallies as Fed signals more rate hikes; pound drops

[Yahoo/Bloomberg] China Reopening Is Dominant Theme as Traders Seek an End to Rout

[Yahoo/Bloomberg] Oil Drops as More Rate Hikes Overshadow Tightening Fuel Market

[Yahoo/Bloomberg] US Services Gauge Falls to Lowest Since May 2020 as Orders Cool

[Reuters] U.S. weekly jobless claims fall; layoffs pick up in October

[CNBC] Labor costs show slower rise, while trade deficit widens and jobless claims nudge lower

[Reuters] Bank of England makes historic rate hike despite 'very challenging' outlook

[Reuters] Frigid winter? New Englanders will pay through frozen noses for oil and gas

[Reuters] Ukrainians say nuclear plant again cut off from grid after Russian shelling

[Reuters] Ukraine Latest: Russia’s Central Bank Denies Systems Were Hacked

[Reuters] China's services activity skids in October on COVID restrictions - Caixin PMI

[Yahoo/Bloomberg] China Property Bonds Are ‘No Longer Analyzable’ as Crisis Grows

[Reuters] China says U.S. has 'no right' to interfere in Hamburg port deal

[Reuters] Bank of England readies for biggest rate rise since 1989

[Reuters] Credit Suisse warns of potential profitability drop

[Yahoo/Bloomberg] Lagarde Says Recession Alone Won’t Tame Inflation: ECB Update

[Reuters] Canada orders three Chinese firms to exit critical minerals deals

[Reuters] Turkey's inflation hits 24-year high of 85.5% after rate cuts

[Yahoo/Bloomberg] Mystery Whales Baffle Gold Market After Central Bank Purchases

[Reuters] North Korea fires suspected ICBM, warns U.S. against 'dangerous' choices

[Reuters] North Korea: U.S. and South Korea air drills terrible mistake

[WSJ] Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates

[WSJ] Plenty of Jobs Still Available on Main Street

[FT] How long can Japan’s central bank defy global market forces?

[FT] Interest rates are returning to the old normal

[FT] The rise and rise of currency hedging raises a financial system risk

[FT] Germany’s Uniper reports one of biggest losses in corporate history

[FT] China’s closed-loop crisis: ‘I’m human, not a machine’

[FT] I spent 10 days in a secret Chinese Covid detention centre