Friday, August 30, 2024

Friday's News Links

[Yahoo/Bloomberg] Stocks Gain as Rate-Cut View Mounts: Markets Wrap

[Yahoo/Bloomberg] Oil Holds Gain on Positive US Economic Data, Libya Disruptions

[Reuters] Morning Bid: Data deluge closes out rollercoaster month

[Reuters] US consumer spending picks up; inflation rises moderately in July

[Yahoo Finance] Fed's preferred inflation gauge shows prices increased in line with Wall Street's expectations in July

[Yahoo/Bloomberg] Tokyo Inflation Tops Expectations, Supporting Case for BOJ Hikes

[Reuters] Japan July jobless rate rises to 2.7%, job availability edges up

[Yahoo/Bloomberg] China PBOC Starts Bond Trading After Warning of Market Stampede

[Yahoo/Bloomberg] Vanke Reports First Half-Year Loss in More Than Two Decades

[Reuters] Country Garden delays 2023 annual results again

[Yahoo/Bloomberg] China Considers Allowing Refinancing on $5.4 Trillion in Mortgages

[Reuters] Lowest euro zone inflation in 3 years sets up ECB for cut

[Yahoo/Bloomberg] ECB Should Proceed Cautiously With Rate Cuts, Schnabel Warns

[Yahoo/Bloomberg] Libya’s Political Feud Threatens Oil Supply Disruption

[Reuters] Hedge funds may lose billions from Temu owner PDD's stock crash

[Reuters] Israel, Hamas set three-day pauses in fighting for Gaza polio shots, WHO says

[AP] Iran has further increased its stockpile of uranium enriched to near weapons-grade levels, UN says

[NYT] Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis

[NYT] Inside the Frantic U.S. Efforts to Contain a Mideast Disaster

[FT] Chinese offices emptier than during Covid pandemic as slowdown hits