Wednesday, February 2, 2022

Thursday's News Links

[Yahoo/Bloomberg] U.S. Stocks Tumble on Earnings Shock; Euro Slides: Markets Wrap

[Reuters] Euro zone bond yields soar as rate hikes bets jump on hawkish ECB

[Reuters] Meta's shock share price drop shakes world tech

[Yahoo/Bloomberg] Global Bid for Havens Fades as ECB, BOE Policy Decisions Loom

[Reuters] Oil prices take a breather, OPEC+ sticks to output plans

[AP] Shares of Facebook parent Meta plunge 23% on lower profits

[Yahoo/Bloomberg] Lagarde Pivots as ECB Rate Hike This Year Is No Longer Ruled Out

[Yahoo/Bloomberg] U.S. Services Growth Cools to Almost One-Year Low on Omicron

[CNBC] Weekly jobless claims total 238,000, less than expected

[Reuters] U.S. job market faces reshuffling as workers quit at near record rates

[Yahoo/Bloomberg] Biden Scours Globe to Send Europe Gas If Russia Hits Ukraine

[Reuters] Fed nominees say inflation is 'grave threat,' vow to fight

[AP] Europe’s central bank faces questions on curbing inflation

[Yahoo/Bloomberg] ECB Sticks to Gradual Stimulus Exit as Bets on Hikes Build

[AP] Bank of England hikes interest rates again as prices surge

[Reuters] Bank of England poised to act under new inflation strain

[Reuters] Japan's service sector shrinks at fastest pace in 5 months - PMI

[AP] Inflation in Turkey hits 20-year high of nearly 49%

[Yahoo/Bloomberg] Turkey’s Real Rate at Minus 35% Deepens the Gloom for Lira

[Yahoo/Bloomberg] World Food Prices Are Climbing Closer Toward a Record High

[Yahoo/Bloomberg] Coffee Drinkers Get Less Buzz for Their Buck as Chains Up Prices

[AP] Putin heads to China to bolster ties amid Ukraine tensions

[Reuters] NATO says Russia to have 30,000 troops on drills in Belarus, north of Ukraine

[NYT] January Jobs Report May Disappoint. It Is Sure to Perplex.

[WSJ] Rising Rates Squeeze Bond Funds

[WSJ] Growth Hedge Funds Suffer Worst Rout in Years

[FT] Fed faces choices as challenging as any since the 1970s

[FT] ECB sticks to ‘step-by-step’ plan to trim stimulus despite record inflation

[FT] Beijing Olympics: the new front line in the US-China cold war

[FT] BA.2 explained: the Omicron sub-variant outpacing its predecessor

Wednesday Evening Links

[CNBC] Nasdaq futures drop as Facebook leads tech shares lower

[CNBC] January’s payrolls report on Friday could be rough, with as many as 400,000 jobs lost by one estimate

[AP] Biden orders forces to Europe amid stalled Ukraine talks

[Yahoo/Bloomberg] Natural Gas Output Already Dropping as Freeze Heads for Texas

[Yahoo/Bloomberg] Xi’s Olympic Guest List Is Mostly Leaders of Non-Democracies

[CNBC] Extreme heat driven by climate change is ‘new normal’ for oceans, study finds

[FoxBus] Soros calls China's Xi Jinping 'the greatest threat that open societies face today’

Wednesday Afternoon Links

[CNBC] Facebook shares plunge more than 20% on weak earnings, big forecast miss

[CNBC] Stocks rise for a fourth straight day as Alphabet leads tech higher, Dow jumps more than 100 points 

[Yahoo/Bloomberg] U.S. Natural Gas Surges With Bone-Chilling Weather Set to Return

[Yahoo/Bloomberg] Gold Holds Near $1,800 After Data Show U.S. Shedding Jobs

[Yahoo/Bloomberg] OPEC+ Agrees on Another Gradual Oil-Output Hike for March

[Reuters] Biden orders nearly 3,000 U.S. troops to Eastern Europe to counter Russia

[Yahoo/Bloomberg] Texas Braces for Cold and a Crucial Challenge to Power Grid

[Yahoo/Bloomberg] Texas Isn’t Ready for Another Deep Freeze

[Yahoo/Bloomberg] U.S. Has More Credit Cards Than Ever as Issuance Surged in 2021

[CNBC] The SPAC market starts 2022 with abysmal losses, abandoned deals

[Yahoo/Bloomberg] Chase Coleman’s Tiger Global Records 14.8% January Loss

[Yahoo/Bloomberg] Melvin Capital Has Another Bad January After Raising $6 Billion in 2021

[Yahoo/Bloomberg] Coffee-Shop Chains Follow Through on Warnings of Higher Prices

[Yahoo/Bloomberg] Musk Says His Tweet About Taking Tesla Private Was ‘Entirely Truthful’