Tuesday, September 5, 2023

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Slide as European Stagflation Fears Mount: Markets Wrap

[Yahoo/Bloomberg] Japan Ramps Up Verbal Defense as Yen Sets Fresh 10-Month Low

[Yahoo/Bloomberg] Soaring US Dollar Raises Alarm as China, Japan Escalate FX Pushback

[Yahoo/Bloomberg] Oil Edges Away From $90 After OPEC+ Leaders Extend Supply Cuts

[CNBC] Fed’s Collins says policymakers can ‘proceed cautiously’ on future rate hikes

[CNBC] Mortgage demand drops to 27-year low as interest rates pull back

[Yahoo/Bloomberg] ‘There’s No Plan B’: Oil Chiefs Sound Alarm on Refining Woes

[Yahoo/Bloomberg] Toronto Home-Price Rebound Ends as High Rates Weigh on Market

[Reuters] UK builders suffer sharp fall in orders as rates rise -PMI

[Yahoo/Bloomberg] Country Garden’s Next Major Debt Test Looms Monday as Vote Ends

[Dow Jones] German Economic Outlook Worsens as Manufacturing Woes Pile Up

[Reuters] Panama Canal water levels at historic lows, restrictions to remain

[AP] This summer was a global record breaker for the highest heat ever measured, meteorologists say

[Reuters] US says North Korea will 'pay a price' for any weapons supplies to Russia

[BBC] How worrying is a Russia-Kim Jong Un alliance?

[Reuters] China warns against 'new Cold War' at ASEAN summit

[Reuters] Analysis: For foreign envoys in China, Xi’s G20 absence confirms worrying trend

[Bloomberg] India’s Moment Has Arrived, and Modi Wants a New Global Order

[WSJ] Real-Estate Doom Loop Threatens America’s Banks

[WSJ] Rising Rents Are Hitting American Suburbs Hardest

[FT] China and Japan push back against dollar strength

[FT] Inflation worries fuel Japanese rush to buy gold

[FT] Eurozone housebuilding declines at fastest pace since start of pandemic

[FT] FSB warns of risks posed by hedge funds’ ‘hidden leverage’

[FT] Interest rate rises heap pressure on hedge funds to perform

[FT] North Korea leans on Russia to bolster weapons trade

Tuesday Afternoon Links

[Reuters] Wall St slips as rising Treasury yields weigh, energy firms cap losses

[Yahoo/Bloomberg] Oil Surges Beyond $90 After Saudi Arabia and Russia Prolong Cuts

[Reuters] Oil prices hit 10-month high as Saudi, Russia extend supply cuts

[Yahoo/Bloomberg] Saudis, Russia Extend Their Oil-Supply Curbs to Year-End

[Yahoo/Bloomberg] Pump Prices in US Hit Highest Seasonal Level in Over a Decade

[Yahoo Finance] Oil prices up 25% since late June as supply cuts squeeze market

[Yahoo/Bloomberg] Fed’s Waller Says Central Bank Can ‘Proceed Carefully’ With Rate Hikes

[Reuters] High-grade companies rush to tap US debt markets post-Labor Day

[FT] Top Fed official signals interest rates to stay on hold at September meeting

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Retreat, Dollar Rises as Risk-Off Deepens: Markets Wrap

[Yahoo/Bloomberg] Dollar Soars to Five-Month High as US Economy Powers Ahead

[Yahoo/Bloomberg] Oil Slips From Highest Since December Ahead of OPEC+ Supply Move

[Reuters] US Senate races ahead of House on spending bills, aims to avoid gov't shutdown

[Reuters] Rising demand for Fed bank lending program not a sign of stress

[Yahoo/Bloomberg] Return-to-Office Is a $1.3 Trillion Problem Few Have Figured Out

[Reuters] UK PMI survey shows sharpest business slowdown in 7 months

[Yahoo/Bloomberg] ECB Says Consumer Inflation Expectations Edged Up in July

[Reuters] Country Garden makes debt payments in relief for China property sector, source says

[Yahoo/Bloomberg] Debt Crisis Threatens to Engulf China’s Surviving Developers

[Reuters] China's August services activity slows amid sluggish demand - Caixin PMI

[Reuters] Exclusive: China to launch $40 billion state fund to boost chip industry

[Yahoo/Bloomberg] Demand Is Weak in First of Two Key Auctions of Japanese Bonds

[Reuters] Japan Aug service activity growth fastest in 3 months - PMI

[Reuters] ASEAN leaders seek to assert bloc's relevance at annual summit

[Yahoo/Bloomberg] North Korea’s Kim to Visit Russia as US Warns of Arms Deal

[Reuters] Kim to meet Putin as Russia seeks closer military ties with North Korea

[WSJ] What’s Worse Than Record High Rent? Record High Rent, Plus Fees.

[FT] Big government is back. How will we pay for it?

[FT] Global financial watchdog warns of ‘further challenges and shocks’ ahead

[FT] Investors raise questions after Sequoia Capital’s turbulent year