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Wednesday, June 14, 2023

Thursday's News Links

[Yahoo/Bloomberg] Stocks Drop After Hawkish Fed With ECB on the Way: Markets Wrap

[MarketWatch] Two-year Treasury yields at three-month highs after Fed points to more rate rises

[Yahoo/Bloomberg] Yen Falls to 7-Month Low as Traders Shift Focus From Fed to BOJ

[Yahoo/Bloomberg] Oil Recovers Losses After Fed Pauses But Signals Hikes to Come

[CNBC] European Central Bank raises rates by 25 basis points after Fed opts to pause

[Reuters] Spasms in UK mortgage market spell pain for homeowners, economy

[Yahoo/Bloomberg] China’s Central Bank Ramps Up Rate Cuts as Economy Weakens 

[Reuters] China's May factory output, retail sales growth miss expectations

[Reuters] China's slower home price growth, deepening investment slump signal more easing

[AP] China’s factory, consumer activity weakens in May, youth unemployment rises

[Reuters] China cuts medium-term loan rates as economy sputters, more easing expected

[Reuters] Tumbling exports feed worker unrest in world's factory China

[Yahoo/Bloomberg] Shanghai Plant Burns 800 Tons of Coal an Hour to Keep City Cool

[Yahoo/Bloomberg] Dam Breach Remakes Ukraine Battlefield as Vast Reservoir Drains

[Yahoo/Bloomberg] Japan’s Exports Grow at Weakest Pace Since 2021 as Demand Slows

[Yahoo/Bloomberg] Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers

[Reuters] New Zealand dips into recession, putting rate hikes in doubt

[FT] Jay Powell struggles to explain ‘hawkish pause’ to sceptical economists

[FT] ECB increases rates to highest level since 2001

[FT] China to deploy deposit insurance to repay victims of rural banking fraud