Wednesday, March 27, 2024

Thursday's News Links

[Yahoo/Bloomberg] Bonds Fall and Stocks Waver on Rate-Cut Pushback: Markets Wrap

[Reuters] Yen on intervention watch; Asia shares subdued

[Yahoo/Bloomberg] Hedge Fund Bets Cement 152 as Level to Watch for Dollar-Yen

[AP] US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate

[Reuters] US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says

[Reuters] Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data

[Yahoo/Bloomberg] Fed’s Waller Says No Rush to Cut Interest Rates

[Reuters] Global M&A picks up in Q1 after flurry of large deals

[Yahoo/Bloomberg] Powell Juices Bond Market Bet on Inflation With Tilt to Jobs

[Yahoo/Bloomberg] China Property Crisis Is Rippling Through Its Biggest Banks

[Yahoo/Bloomberg] China’s Bond Frenzy Fades Amid Worries Best Returns Are Over

[Yahoo/Bloomberg] Old Xi Speech on China’s Monetary Tools Catches Trader Eyes

[Yahoo/Bloomberg] BOJ Summary Hints at Cautious Approach to Further Rate Increases

[Yahoo/Bloomberg] Japan’s Bonds Saw Most Outflow in 14 Months in Historic BOJ Week

[Reuters] Japan PM Kishida says appropriate for BOJ to keep easy policy

[Reuters] U.S. defence chief reaffirms support for Philippines, chides 'dangerous' Chinese conduct

[Bloomberg] China’s Big Banks Post Scant Profit Gains as Margins Shrink

[WSJ] Why Gasoline Prices Are Rising Faster Than Usual This Year

[WSJ] China Is the New Detroit in the Global Race for EV Dominance

[FT] Top Federal Reserve official says ‘no rush’ to cut interest rates after ‘disappointing’ inflation data

[FT] Traders bet US election will unsettle market calm

[FT] China’s property turmoil hits midsized bank Everbright

[FT] Blockbuster M&A deals more than double in first quarter

[FT] Xi Jinping lieutenant calls for Asia to ‘jointly’ manage its own security

Wednesday Evening Links

[Reuters] Stocks close with gains, led by Dow as investors look for rate insight

[Yahoo/Bloomberg] Oil Slips as Rising US Stockpiles Undercut Tight Supply Outlook

[Yahoo/Bloomberg] Yen Traders Rattled as Slide to 34-Year Low Sparks Japan Warning

[Reuters] US supply chain task force to discuss Baltimore bridge collapse

[Yahoo/Bloomberg] JPMorgan Says Stocks Are So Crowded They May Crack at Any Time

[WSJ] What It Will Take to Reopen Baltimore Port Following Bridge Collapse

[WSJ] Canada Had Designs on Being a Hydro Superpower. Now Its Rivers and Lakes Are Drying Up.

[WSJ] Russia Doubles Down on Blaming Concert Massacre on Ukraine and the West

[FT] Xi tries to restore investor confidence in China

Wednesday Afternoon Links

[Yahoo/Bloomberg] Volatility Grips Stocks in Final Days of Quarter: Markets Wrap

[Yahoo/Bloomberg] Oil Pares Drop as US Crude Inventories Rise Less Than Expected

[Yahoo/Bloomberg] Junk Market Flashes Warning as Rates Seen Staying High

[Yahoo/Bloomberg] Explosive Atlantic Hurricane Season Brews With 25 Named Storms

[WSJ] The Fight for AI Talent: Pay Million-Dollar Packages and Buy Whole Teams