Tuesday's News Links

[Yahoo/Bloomberg] Stocks Rise, Dollar Flat in Thin Trading: Markets Wrap

[Reuters] Israel launches more Gaza strikes as Netanyahu says Hamas must be destroyed

[Reuters] Baghdad condemns U.S strike on Iraqi military positions

[CNBC] October home prices post biggest gain of 2023, despite higher mortgage rates, says S&P Case-Shiller

[Reuters] US retail sales grow 3.1% during holiday season - Mastercard report

[Reuters] Ex-BOJ board member criticises governor Ueda's market messaging

[Yahoo/Bloomberg] Japan’s Business Service Price Growth Holds at 30-Year High

[Reuters] Global 2024 staple food supplies to be strained by dry weather, export curbs

[Reuters] Ethiopia becomes Africa's latest sovereign default

[Reuters] Iran undoes slowdown in enrichment of uranium to near weapons-grade -IAEA

[Reuters] Xi vows to prevent anyone 'splitting Taiwan from China'

[Bloomberg] Goldman’s Painful 2023 Lesson on China Forces Rethink of Emerging Markets

[NYT] Holiday Spending Increased, Defying Fears of a Decline

[NYT] Downturn or Not? At Year’s End, Wall St. Is Split on What’s Ahead.

[WSJ] Most Shoppers Didn’t Hold Back This Holiday Season

[WSJ] Where Did Americans Put Their Money This Year? Everywhere.

[WSJ] Iran-Backed Forces Widen Their Attacks on Commercial Shipping

[WSJ] Adjustable-Rate Mortgages Are No Longer a Bargain

[WSJ] American Spies Confront a New, Formidable China

[WSJ] China’s Yuan Is Quietly Gaining Ground

[FT] Fed rate pivot leaves stocks and bonds with ‘no room for error’

[FT] The great speculative era on markets is hard to kill

Monday News Links

[Reuters] Sombre Bethlehem marks Christmas with vigil as bombs rain on Gaza

[CNBC] Inflation has created a dark cloud over how everyday Americans view the economy

[CNBC] As conflicts rage abroad, a fractured Congress tries to rally support for historic global challenges

[Reuters] BOJ's Ueda signals chance of policy shift, progress on price goal

[Yahoo/Bloomberg] BOJ Ueda Touts Benefits of Positive Inflation on Policy Process

[Yahoo/Bloomberg] PBOC’s Yuan Support Through Fixing Causes Headache for Companies

[Reuters] Philippine actions in South China Sea 'extremely dangerous' - Chinese state media

[Reuters] Turkey retaliates at home, abroad after troops killed in Iraq

[Reuters] Russia says fire has been put out on nuclear-powered cargo ship

[FT] China sidelines its once venerated central bank