Thursday, June 15, 2023

Friday's News Links

[Yahoo/Bloomberg] Global Stocks Head for Best Week Since March: Markets Wrap

[Reuters] Bank of Japan, European Central Bank rate decisions send yen to fresh 15-year low against euro

[Yahoo/Bloomberg] Oil Holds Biggest Jump in Six Weeks on Signs of China Stimulus

[Reuters] Fed's Waller: Not clear bank failures had a material effect on credit tightening

[Yahoo/Bloomberg] Fed’s Waller Says Fears Over a Few Banks Should Not Alter Policy

[Yahoo/Bloomberg] A $4.2 Trillion Options Event Looms for New Bull Market

[Reuters] U.S. equity funds register biggest weekly inflow in 28 months

[Yahoo/Bloomberg] AI Stock Pickers Grapple With Dot-com Deja Vu

[Yahoo/Bloomberg] ECB Hawks Warn Rate Hikes May Need to Persist Beyond Summer

[Yahoo/Bloomberg] Bundesbank Sees No All-Clear on Inflation Despite Softer Outlook

[Yahoo/Bloomberg] ECB’s Wunsch Says Rate Hikes May Continue Even Beyond September

[Reuters] BOJ keeps ultra-low rates as it looks past inflation risks

[Yahoo/Bloomberg] Ueda Holds Stimulus as BOJ Side Steps Tightening Wave for Now

[Yahoo/Bloomberg] China Faces Pressure to Boost Economy, But Rate Cuts May Not Be Enough

[Reuters] Cheap 'like cabbage' apartments in some Chinese cities draw buyers, and caution

[Reuters] Sweden braces for fallout from property slump

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

[WSJ] A Bank China Built to Challenge the Dollar Now Needs the Dollar

[FT] Why China’s economic recovery is hanging in the balance

[FT] Turkey expected to double rates to 17% as new finance team fights to fix economy

Thursday Evening Links

[Reuters] S&P 500 leaps to highest close in 14 months; traders bet US rates near peak

[Yahoo/Bloomberg] Oil Rises as Growing Demand in China Calms Rate-Hike Concerns

[Reuters] Fed, SEC probing Goldman Sachs' role in Silicon Valley Bank's final days - WSJ

[AP] Chinese spies breached hundreds of public, private networks, security firm says

[NYT] As Ties to China Turn Toxic, Even Chinese Companies Are Breaking Them

[WSJ] New Ports Contract Would Raise Pay 32%, Bring Dockworkers $70 Million in Bonuses

Thursday Afternoon Links

[Reuters] Wall Street rallies as yields slip after economic data

[Yahoo Finance] Bitcoin and tether sag as crypto markets face mounting pressures

[Reuters] US retail sales rise; weekly jobless claims steady at higher levels

[Yahoo/Bloomberg] US Factory Output Nearly Stalls as Sector Struggles for Traction

[Reuters] US government agencies hit in global hacking spree

[Reuters] Stifling heat wave to grip US South over holiday weekend

[Reuters] ECB raises rates to 22-year high and signals more to come

[Reuters] Lagarde comments at ECB press conference

[Yahoo/Bloomberg] ECB Set for Summer Tussle Over Possible September Rate Hike

[Yahoo/Bloomberg] Wall Street Isn’t Buying What Powell, Economists Are Forecasting

[Reuters] Central banks, still waiting for relief on inflation, lean higher on rates

[Yahoo/Bloomberg] The World’s Oceans Shattered Heat Records in April and May