Thursday, June 23, 2022

Friday's News Links

[Yahoo/Bloomberg] Stocks Gain as Rate-Hike Bets Scaled Back: Markets Wrap

[Yahoo/Bloomberg] Crude Oil Wilts as Global Recession Concerns Batter Commodities

[Yahoo/Bloomberg] Global Commodity Shock Enters Next Phase With Recession Test

[Yahoo/Bloomberg] Stock Funds See Exodus as Recession Fears Grip Investors

[Yahoo/Bloomberg] Recession Trades Mount as Powell Triggers Rush to Defensives

[Reuters] U.S. crypto firm Harmony hit by $100 million heist

[Reuters] ECB's Centeno says no yield spread goal in anti-fragmentation tool

[Reuters] Ukrainians withdrawing from embattled Sievierodonetsk

[Reuters] Russia blames U.S. for Kaliningrad transit restrictions

[Yahoo/Bloomberg] Germany Fears Russia Could Permanently Close Main Gas Pipeline

[CNBC] Putin is squeezing gas supplies. And Europe is getting seriously worried about a total shutdown

[CNN] Small banks in China are running into trouble. Savers could lose everything

[Reuters] Global M&A braces for dry spell as boardrooms put expansion on hold

[AP] UN chief warns of ‘catastrophe’ from global food shortage

[CNN] US conducts Taiwan Strait flyover amid tensions with China

[CNN] Japan says Chinese coast guard ships in longest violation of its territorial waters in a decade

[Bloomberg] Europe Is Now in Its Worst Corporate-Bond Selloff in Decades

[Bloomberg] Almost $4 Billion in Bitcoin Miner Loans Are Coming Under Stress

[Bloomberg] IMF Warns of Risks From China’s Slowing Covid Vaccination Rates

[WSJ] Jerome Powell Pressed Over How Fed Would Respond to Economic Slowdown

[FT] Russia heads towards default as payment deadline looms

Thursday Evening Links

[CNBC] Stock futures fall slightly as Wall Street looks to snap losing streak

[Reuters] Wall Street posts solid gains, as defensives, tech shine

[Yahoo/Bloomberg] Banks Ace Fed Stress Tests, Pave Way for Shareholder Payouts

[Reuters] U.S. to cancel $6 billion in student loans for 200,000 defrauded borrowers

[Reuters] Mexico central bank makes record rate increase, flags more hikes

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Drop as Powell Emphasizes Inflation Target: Markets Wrap

[Yahoo/Bloomberg] Oil Drops as Hawkish Powell Testimony Amplifies Recession Fears

[Reuters] Fed's commitment to curbing inflation is 'unconditional,' Powell say

[Yahoo/Bloomberg] Fed’s Bowman Backs Raising Rates 75 Basis Points in July

[Yahoo Finance] U.S. manufacturing and services PMI come in lower than expected for June

[Yahoo/Bloomberg] Business Activity in US Falters as Inflationary Toll Mounts

[Yahoo/Bloomberg] Mortgage Rates in the US Rise to 5.81%, Highest Since 2008

[Yahoo/Bloomberg] New Squeeze Hits London Metal Market With Zinc Spreads Spiking

[FT] Eurozone central bank chiefs warn on soaring inflation expectations