Wednesday's News Links

[Yahoo/Bloomberg] Stocks, Treasuries Hurt by Fading Rate-Cut Bets: Markets Wrap

[Yahoo/Bloomberg] Oil Climbs Toward $90 as OPEC+ Sticks With Cuts 

[Yahoo/Bloomberg] Yuan Sinks Toward Limit of Allowed Range, Risking PBOC Pushback

[Yahoo/Bloomberg] Gold Pares Back From Fresh Record Before Powell Is Set to Speak

[Reuters] Nine dead in Taiwan's strongest earthquake in 25 years, 50 missing

[Yahoo/Bloomberg] US Services Growth Cools as Price Gauge Drops to Four-Year Low

[CNBC] Private payrolls increased by 184,000 in March, better than expected, ADP says

[AP] US first-quarter auto sales grew nearly 5% despite high interest rates, but EV growth slows further

[CNBC] Atlanta Fed President Bostic sees only one rate cut this year, occurring in the fourth quarter

[Yahoo/Bloomberg] US Cancels Latest Oil Reserve Refill Plan Amid High Prices

[Yahoo/Bloomberg] Blackstone’s BREIT Paid Out More than It Generated in 2023

[Reuters] Euro zone inflation unexpectedly eases, boosting rate cut case

[Reuters] China's central bank says it will make efforts to expand demand, boost confidence

[Reuters] China's services activity growth speeds up in March, Caixin PMI shows

[Reuters] Japan's service activity growth fastest in 7 months as demand picks up - PMI

[Reuters] Hedge funds rally in Q1, powered by gains in equities

[FT] Gold hits new high as investors seek hedge against stubborn inflation

[FT] Markets bet that strength of US economy will limit scale of Fed rate cuts

[FT] Venture capital reckons with the end of ‘megafund’ era

[FT] The $1tn ‘hold-to-maturity’ sleight-of-accounting