Tuesday, July 19, 2022

Wednesday's News Links

[Yahoo/Bloomberg] US Stocks Fluctuate as Haven Bid Lifts Treasuries: Markets Wrap

[Reuters] Euro slips from 2-week highs as mood turns sour

[CNBC] June home sales fall 5.4% from May, as prices set yet another record

[CNBC] Mortgage demand drops to a 22-year low as higher interest rates and inflation crush homebuyers

[AP] Sky-high diesel prices squeeze truckers, farmers, consumers

[Yahoo/Bloomberg] Putin Signals Gas Pipeline Will Restart, But With Conditions

[Reuters] EU tells members to cut gas usage amid new Putin warning

[Yahoo/Bloomberg] Xi Faces Surprise Revolt From Chinese Homebuyers on Mortgage Boycott

[Yahoo/Bloomberg] China Housing Woes Drag Junk Bond Market to Brink of Record Lows

[Yahoo/Bloomberg] China’s Premier Signals Flexible Growth Target, Stimulus Caution

[CNBC] China’s homebuyers are running out of patience with the real estate slump

[Yahoo/Bloomberg] China Junk Bonds on Brink of Record Low as Property Woes Grow

[Yahoo/Bloomberg] It's Not Just China Homebuyers. Now Property Suppliers Are Boycotting Loans.

[Reuters] China reports 1,012 new COVID cases for July 19 vs 776 day earlier

[Yahoo/Bloomberg] Draghi Sets Conditions for Staying in Government: Italy Update

[Yahoo/Bloomberg] Italy political turmoil a headache for Europe’s central bank

[Reuters] Draghi demands party unity as condition for staying on as Italian pm

[Reuters] Italy faces parliamentary showdown on government survival

[Reuters] Analysis: Debt-laden Italy looks no less vulnerable as rates shoot higher

[CNBC] A critical shipping lane in Europe’s economic heart is drying up in the searing heat

[Yahoo/Bloomberg] Kuroda Stares Down Market Bets for BOJ Pivot During His Term

[Reuters] Australians urged to work from home as winter Omicron wave swamps hospitals

[Yahoo/Bloomberg] Ukraine Seeks Foreign-Debt Payment Halt as War Hits Economy

[Reuters] Russia is China's top oil supplier for 2nd month, Saudi volumes tumble - data

[Reuters] China says U.S. is 'maker of security risks' after Taiwan Strait sailing

[MSN/Guardian] Alarm as fastest growing US cities risk becoming unlivable from climate crisis

[NYT] ‘My Worldview Has Been Destroyed’: Chinese Banking Scandal Tests Faith in the System

[FT] Eurozone leaders are pushing the ECB into murky waters

[FT] White House warns Russia planning to annex parts of southern Ukraine

[FT] The world isn’t prepared for a wave of sovereign debt defaults

[FT] Chinese city Zhengzhou sets up bailout fund as mortgage boycott spreads

[FT] Australia launches review of ‘embarrassing’ central bank

Tuesday Evening Links

[Yahoo/Bloomberg] Stock Rally Set to Extend to Asia Amid Dollar Drop: Markets Wrap

[Yahoo/Bloomberg] Oil Edges Lower as Traders Assess Stockpiles, Outlook for Dollar

[Reuters] Power use in Texas, U.S. Plains states to hit new records this week

[Reuters] Putin warns of Nord Stream 1 gas capacity cuts over equipment repairs

[Reuters] Explainer: What Putin wants from Iran and why Tehran might be cautious

[Reuters] Putin forges ties with Iran's supreme leader in Tehran talks

[Reuters] Greek wildfire rages near Athens; homes, hospital evacuated

Tuesday Afternoon Links

[Reuters] Wall Street powers ahead with earnings in full swing 

[Yahoo/Bloomberg] Oil Reverses Losses as Risk-On Sentiment Shakes Listless Markets

[Yahoo/Bloomberg] Ukraine Latest: Putin in Iran; Nord Stream Gas Flows May Resume

[Reuters] Exclusive: Russia seen restarting gas exports from Nord Stream 1 on schedule

[Reuters] Barr sworn in as Fed's top Wall Street cop, newest rate-setter

[Yahoo/Bloomberg] Bailey Says BOE Will Consider a Half-Point Rate Hike in August

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Climb Amid Earnings Anticipation: Markets Wrap

[Reuters] Asian shares drift lower in choppy markets 

[Yahoo/Bloomberg] Oil Holds Above $100 as Traders Weigh Tight Market, Dollar

[Yahoo/Bloomberg] India Rupee Drops to Another Record Low as Foreign Funds Exit

[Yahoo/Bloomberg] Housing Starts in US Decline to Lowest Level Since September

[Reuters] Japan, China cut holdings of U.S. Treasuries to multi-year lows -data

[Reuters] U.S. banks take hit on leveraged loans as deals slump, rates rise

[Reuters] Analysis: Banks' snubbing of junk-rated loan funds worsens financing logjam

[Reuters] Russia strikes cities across Ukraine, gas supplies in focus

[Yahoo/Bloomberg] Xi Faces Surprise Revolt From Chinese Homebuyers on Mortgage Boycott

[MSN/Bloomberg] China’s Covid Cases Near 700 as Shanghai Widens Testing

[Reuters] China's Tianjin halts some businesses in fresh COVID curbs

[Reuters] China warns of 'forceful measures' if U.S. House Speaker Pelosi visits Taiwan

[Yahoo/Bloomberg] ECB Is Looking More Closely at a Half-Point Hike This Week

[Yahoo/Bloomberg] Lagarde Redoubles ECB Push on Bond Tool to Reach Deal This Week

[Yahoo/Bloomberg] BOJ’s Kuroda Determined to Maintain Stimulus as World Tightens

[Yahoo/Bloomberg] Scaramucci Halts Withdrawals in a Fund After Stock, Crypto Swoon

[Reuters] France battles massive wildfires, Britain records highest ever temperature

[Bloomberg] Mortgage Boycott Shows How Deep China’s Property Crisis Goes

[WSJ] Strong Dollar Fuels Pullback in Commodity Markets

[WSJ] EU Doesn’t Expect Vital Russian Gas Supplies to Restart on Schedule

[FT] ECB to discuss ending negative rates with 50 basis point move