Monday, April 29, 2024

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Fall After Pay Data Fuel Hawkish Fed Wagers: Markets Wrap

[Yahoo/Bloomberg] Oil Recovers Near $83 With Focus on Middle East Cease-Fire

[Reuters] US labor costs increase more than expected in first quarter

[CNBC] Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller

[PRNW] US Consumer Confidence Retreats in April

[Reuters] Fed's balance sheet plans could take center stage this week

[Reuters] Quagmire anyone? Fed watchers try to divine a confusing state of play

[Reuters] Inflation hasn't lost its grip on bond markets yet

[Yahoo/Bloomberg] Treasury Yields to Stay Elevated on Supply Deluge, Barclays Says

[CNBC] Young Americans’ wealth grew by nearly 50% over the last 4 years—it’s not just from buying homes

[Reuters] Japan's top FX diplomat says ready to deal with yen around the clock

[Yahoo/Bloomberg] BOJ Accounts Suggest Japan Intervened Monday to Support Yen

[Reuters] Five charts on the Japanese yen's decades-long drop

[Reuters] Houthis attack four ships in Indian Ocean, Red Sea

[Reuters] Israel will enter Rafah with or without Gaza hostage deal, Netanyahu says

[Reuters] Residents of northern Israel brace for possible all-out war with Hezbollah

[Reuters] China to step up support for economy, flexibly use policy tools, Politburo says

[Yahoo/Bloomberg] China’s Leaders Hint at New Plan to Fix Biggest Drag on Economy

[Reuters] China's factory, services activity growth slows in April

[Newsweek] China May Be Preparing To Deploy Economic 'Nuclear Option'

[Reuters] China's coast guard expels Philippine vessels from Scarborough Shoal, state media says

[Bloomberg] Why AI Is So Expensive

[Bloomberg] TikTok, Tesla Show US-China Battle Over Data Is Just Beginning

[NYT] High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.

[WSJ] Office-Loan Defaults Near Historic Levels With Billions on the Line

[WSJ] BOJ Data Suggest Yen-Buying Intervention of Tens of Billions of Dollars

[WSJ] Japan Govt to Respond Firmly to Excessive FX Movements, Top Currency Official Says

[WSJ] China Hints at Rate Cuts, Property-Market Support as It Warns of Rising Uncertainties