Sunday, June 25, 2023

Monday's News Links

[Yahoo/Bloomberg] Bonds Rally as Economic Threat Hits Risk Appetite: Markets Wrap

[Yahoo/Bloomberg] Gloom Grips China Markets Again as Stimulus Trade Fizzles Out

[Reuters] Turkey's lira hits new low after bank rules' rollback

[Yahoo/Bloomberg] Yuan Weakens to 7-Month Low Despite China’s Move to Stem Decline

[Yahoo/Bloomberg] Ruble Hits Weakest in 15 Months After Wagner Challenges Putin

[Reuters] Gold climbs as Russia risks outweigh rate hike concerns

[Reuters] Oil climbs on concerns Russia political issues may impact supply

[Yahoo/Bloomberg] Traders Rushing to Undo Massive Bets Whipsaw Gas Prices

[Yahoo/Bloomberg] Treasury Bill Barrage Is Just a Prelude to Longer-Term Debt Deluge

[Yahoo/Bloomberg] Morgan Stanley’s Wilson Says Stock Risks Rarely Been Higher

[Reuters] Japan's top currency diplomat escalates warning against weak yen

[CNBC] Mortgage catastrophe brews in Britain as millions are pushed toward insolvency

[Reuters] Russia calls for unity behind Putin after aborted mutiny

[Yahoo/Bloomberg] Russia Latest: NATO Chief Says Mutiny Reflects Putin’s Mistake

[Yahoo/Bloomberg] Xi’s Bet on Putin Looks Even More Risky After Russian Rebellion

[Yahoo/Bloomberg] China Economy Gloom Worsens With Weak Consumer Spending Data

[Yahoo/Bloomberg] Two More China Builders Say They Can’t Meet Debt Obligations

[Yahoo/Bloomberg] Heat Wave in Northern China Adds to Mounting Agricultural Risks

[Yahoo/Bloomberg] ECB Officials Gather in Sintra Amid Strain Over Hiking Journey’s Last Mile

[Reuters] Exclusive: Deutsche Bank tells investors some of their Russian shares are missing

[Reuters] Renewables growth did not dent fossil fuel dominance in 2022, report says

[Reuters] North Korea holds rallies denouncing US, warns of nuclear war

[WSJ] Never Underestimate Central-Bank Groupthink

[FT] Silicon Valley braces for the worst as funding dries up

[FT] ‘A huge humiliation’: failed putsch exposes deep flaws in Putin’s regime

[FT] The Putin system is crumbling

[FT] Renminbi drops to seven-month low against dollar over economic worries

[FT] Saudi Arabia sends top delegation to China’s ‘Summer Davos’

Sunday Evening Links

[Yahoo/Bloomberg] Oil, US Stock Futures Edge Up, Currencies Steady: Markets Wrap

[Yahoo/Bloomberg] Oil Advances as Instability in Russia, Growth Fears Dominate

[Reuters] US officials see weakened Putin as Russia turmoil reveals 'cracks'

[AP] Russian mercenaries’ revolt undermines Putin and could lead to further challenges to his rule

[Bloomberg] Putin Faces Historic Threat to Absolute Grip on Power in Russia

Sunday's News Links

[Reuters] Rebel Russian mercenaries return to base under deal ending advance on Moscow

[Yahoo/Bloomberg] On Deck for Fed, ECB — Another Dose of Inflation Data

[Reuters] World economy at critical juncture in inflation fight, central-bank body warns

[Reuters] Russia back in investors' focus after weekend mutiny

[Japan Times] BOJ in spotlight as yen fall may prove a debilitating blow to Japan

[Yahoo/Bloomberg] Europe’s Markets Flash Warnings as Growth Woes Start to Dominate

[Bloomberg] Final Stretch of Central-Bank Hiking Will Be Toughest, BIS Says

[NYT] Extreme Floods and Heat in China Ravage Farms and Kill Animals

[WSJ] Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes

[WSJ] Junk-Rated Companies Accept Tougher Terms to Borrow

[WSJ] Russia Disarray Creates a Moment of Uncertainty in China

[FT] Financial storm bears down on US commercial real estate

[FT] China’s foreign minister meets Russian official in Beijing after rebellion