Wednesday, September 21, 2022

Thursday's News Links

[Yahoo/Bloomberg] US Stocks Waver as Inflation Battle Intensifies: Markets Wrap

[Reuters] Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates

[Yahoo/Bloomberg] Yuan Losses Deepen Highlighting Limits of PBOC Currency Defense

[Yahoo/Bloomberg] Oil Claws Back Some Losses After Selloff as Demand Fears Linger

[Yahoo/Bloomberg] Fed Rate Hikes Paint Bleak Picture for Southeast Asia Currencies

[AP] Powell’s stark message: Inflation fight may cause recession

[Reuters] Bank of England raises rates to 2.25%, despite likely recession

[Reuters] Swiss National Bank exits negative rates era with 0.75% hike

[Reuters] BOJ keeps ultra-low rates, remains global outlier despite weak yen 

[Reuters] Explainer: Japan intervenes in the currency market, now what?

[Reuters] Exclusive: Germany in talks over urgent help for regional energy providers - sources

[Reuters] EU considers more action to tame energy prices, fix liquidity squeeze

[Reuters] Russia begins massive Ukraine war call-up, spurring some men to flee

[Reuters] Russia's Medvedev: new regions can be defended with strategic nuclear weapons

[Yahoo/Bloomberg] Goldman Cuts China 2023 Growth Forecast as Covid Zero Stays

[CNBC] Turkey cuts interest rates again as country struggles under 80% inflation

[Yahoo Finance] Supply chains easing but 'still a major problem,' economist explains

[Yahoo/Bloomberg] Crypto Shakeout Engulfs the C-Suite as CEOs Start Stepping Down

[NYT] Bad News From the Fed? We’ve Been Here Before.

[NYT] What’s Next for Profits? Cars Shed Light on a Key Inflation Question.

[WSJ] After Years of Low Mortgage Rates, Home Sellers Are Scarce

[WSJ] The Luxury Home Market Posts Its Biggest Decline in a Decade. ‘It’s Like Crickets.’

[WSJ] Russia’s Vladimir Putin, Under Pressure Over Ukraine War, Turns to Familiar Escalation Playbook

[WSJ] Uniper Deal Is Lehman Moment for European Energy

[FT] Jay Powell warns no ‘painless’ way to tame inflation as US recession risks rise

[FT] Japan intervenes to prop up yen for first time since 1998

[FT] What an Italy led by the far-right might mean for Europe

Wednesday Evening Links

[Reuters] Wall Street slumps as investors absorb hawkish Fed rate message

[Reuters] U.S. dollar soars to two-decade high as Fed flags more large hikes

[AP] Fed attacks inflation with another big hike and expects more

[Reuters] Big U.S. banks' prime rate soars to highest since financial crisis

[Reuters] Once-bitten markets are ignoring Putin's warnings again at their own peril

[Reuters] Exclusive: NATO chief calls Putin's nuclear threat a 'dangerous' escalation

[Reuters] BOJ to keep ultra-low rates, remain global outlier despite weak yen

[Reuters] Banks close painful Citrix debt chapter with $700 million loss -source

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Roiled by Crazy Gyrations After Hawkish Fed: Markets Wrap

[Yahoo/Bloomberg] Treasury Two-Year Yield Hits Milestone on Fed Day: Markets Wrap

[Yahoo/Bloomberg] European Gas Jumps on Winter Risks as Putin Steps Up Ukraine War

[CNBC] Fed raises rates by another three-quarters of a percentage point to fight inflation

[CNBC] Here’s what changed in the new Fed statement

[CNBC] Existing home sales fall in August, and prices soften significantly

[Yahoo/Bloomberg] Ukraine Latest: Biden Says Putin Made ‘Overt Nuclear Threats’

[Reuters] Reactions: Putin mobilises more troops for Ukraine

[FT] West shrugs off Putin’s nuclear ‘bluff’ and vows to keep up Ukraine support