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Tuesday, May 16, 2023

Tuesday's News Links

[Reuters] Wall St falls as Home Depot, retail sales data weigh

[Reuters] Dollar hovers shy of five-week top, pound swings after jobs data

[Yahoo/Bloomberg] Oil Swings as Weak China Data Undercuts Bullish Demand Outlook

[Reuters] Biden, McCarthy to meet as US debt-ceiling talks come down to wire

[Yahoo/Bloomberg] Yellen Warns ‘Time Is Running Out’ Ahead of Biden-McCarthy Meet

[Reuters] US on track for June 1 default without debt ceiling hike, Treasury says

[CNBC] Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation

[CNBC] Homebuilder sentiment pulls out of negative territory for the first time in nearly a year

[Reuters] Home Depot cuts forecasts, signals weakness ahead for big US retailers

[Reuters] Fed's Mester says central bank committed to getting back to 2% inflation

[Yahoo/Bloomberg] China’s Waning Economic Recovery Spurs Calls for Stimulus

[Reuters] China's factory output, consumption highlight frail post-COVID economic recovery

[Yahoo/Bloomberg] China’s Central Bank Outlook Spurs Call for Monetary Action

[Yahoo/Bloomberg] China’s Record-High Youth Jobless Rate Is Set to Get Even Worse

[Reuters] Russia launches air raid on Kyiv 'exceptional' in intensity

[Reuters] With eye on Ukraine, top Chinese general calls for unconventional warfare capabilities

[WSJ] The Return to the Office Has Stalled

[WSJ] Turkey Faces Financial Reckoning After Election

[FT] China’s economic recovery in doubt as industrial output falls short