Wednesday, March 6, 2024

Thursday's News Links

[Yahoo/Bloomberg] Stocks Climb, Traders Seek More Clues From Powell: Markets Wrap

[Reuters] Gold extends record run as Fed's Powell hints at rate cuts

[Yahoo/Bloomberg] Gold Just Notched Another Record: Here’s What to Watch Next

[AP] Analysis: First fatal attack on shipping by Yemen’s Houthi rebels escalates risk for reeling Mideast

[Reuters] US layoffs reach highest since last March

[Yahoo/Bloomberg] Frenzy Over AI Drives Doubling of Options Trading in Chip Makers

[Yahoo/Bloomberg] Nvidia Directors Sell $180 Million in Shares as Insiders Cash In

[Reuters] Goldman Sachs lifts stock buyback forecast for S&P 500 companies

[MSN/WP] Amid Explosive Demand, America is Running Out of Power

[Reuters] China's exports top forecasts as global demand returns

[Yahoo/Bloomberg] China’s Commodities Imports Surge But Demand May Yet Disappoint

[Yahoo/Bloomberg] China Vanke Pressure Mounts as Insurers Seek Private Debt Solution

[CNBC] European Central Bank holds interest rates, cuts inflation and growth forecasts

[Reuters] Moody's sours on banking sector outlooks for Germany, Britain and France

[Yahoo/Bloomberg] BOJ Bets Swing Toward March Rate Hike

[Reuters] China steps up grey-zone warfare to exhaust Taiwan, defence report says

[Reuters] Senior Russian officer warns Ukraine conflict could escalate into full-scale war in Europe

[NYT] Jay Powell Signals a Retreat on Banking Rules

[WSJ] Markets Are Lulling Themselves Into a False Sense of Security

[WSJ] Small Firms Have an Easier Time Finding Workers

[WSJ] China’s Foreign Minister Questions U.S. Confidence as World Power

[WSJ] China Intensifies Push to ‘Delete America’ From Its Technology

[FT] ECB holds rates at record high but cuts inflation forecast

[FT] The hedge fund-bank nexus

Wednesday Evening Links

[Reuters] Wall Street indexes advance as Fed's Powell fuels hopes for rate cuts this year 

[Yahoo/Bloomberg] Gold Hits Fresh High After Powell Says Rate Cut Likely This Year

[Reuters] US House approves spending bill to avert government shutdown

[Reuters] Embattled lender NYCB secures $1 bln investment from cohort including Mnuchin's firm

[Reuters] US economic activity increased slightly in recent weeks, Fed survey shows

[Bloomberg] How Apple Sank About $1 Billion a Year Into a Car It Never Built

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Rise as Powell Sticks to Script; NYCB Sinks: Markets Wrap

[Yahoo/Bloomberg] Oil Rises Near 2024 High on Signs of Growing US Gasoline Demand

[Yahoo/Bloomberg] Treasuries Extend Rally as NYCB Revives Regional Bank Concerns

[Yahoo/Bloomberg] Powell Reiterates Fed Needs More Confidence on Inflation to Cut

[Reuters] 'Worst case’ inflation fears threaten bond market calm as Powell addresses lawmakers

[Reuters] Embattled lender NYCB considering capital raise, source says

[Reuters] Gaza ceasefire talks deadlocked, Houthis kill two in ship off Yemen

[Yahoo/Bloomberg] Harvard Taps Corporate Bond Market, Snags ‘Insatiable Demand’

[Reuters] Exclusive: US regulators expected to significantly reduce Basel capital burden

[FT] China lacks a credible policy to meet its own growth target