Friday's News Links

[Yahoo/Bloomberg] Gold Jumps to Top $2,400 as Middle East Risks Stoke Demand

[Yahoo/Bloomberg] Stocks Drop as Traders Parse Big Bank Earnings: Markets Wrap

[Yahoo/Bloomberg] Oil Resumes Gain as Israel Prepares for Potential Iran Attack 

[Yahoo/Bloomberg] Japan’s Five-Year Yield Rises to Highest Since 2011 on BOJ Bets

[Yahoo/Bloomberg] Emerging-Market Currencies Hit Two-Month Low on Flight From Risk

[Yahoo/Bloomberg] Copper’s Rally Continues as Ore Shortage Meets Resurgent Demand

[Reuters] Yen crumbles under towering dollar and US Treasury yields

[Yahoo/Bloomberg] BofA Warns Current Price Moves Are Typical of Bubbly Markets

[Reuters] Citi profit drops as costs rise for employee severance, deposit insurance

[Reuters] In the Market: The mysterious one-day drop in a repo rate

[Reuters] Biden Vows to Back Japan, Philippines as China Jolts Allies

[MSN/LAT] All-Cash Offers, Wealthy Buyers Push Southern California Home Prices to a Record

[Yahoo/Bloomberg] Canada’s AAA Credit Rating at Risk From Deeper Deficit, RBC Says

[Reuters] China's March exports and imports shrink, miss forecasts by big margins

[Yahoo/Bloomberg] China Banks Say They Won’t Blame Staff If Developer Loans Go Bad

[Reuters] Philippines says determined to assert South China Sea rights

[Reuters] New Zealand aims to boost U.S. ties amid global instability

[Bloomberg] China’s Credit Expansion Keeps Slowing as Loans Disappoint

[Bloomberg] Canada’s AAA Credit Rating at Risk From Deeper Deficit, RBC Says

[Bloomberg] Robusta Coffee Hits Fresh Record High as Shortage Fears Mount

[NYT] Inflation Comes for the Housing Market

[WSJ] Gold Futures Hit New Record on Central Bank Buying, Safe-Haven Demand

[WSJ] Iranian Attack Expected on Israel in Next Two Days

[WSJ] Stay Put or Pay Up: Home Buyers Lose Hope for Lower Rates

[FT] Dollar notches up strongest week since 2022

[FT] ‘We are not Switzerland’: ECB rate-setters downplay fallout of hot US inflation

[FT] US vows ‘ironclad’ defence of Philippines military in South China Sea

[FT] China asserts ‘deep friendship’ with North Korea as Russian influence grows

Thursday Evening Links

[Yahoo/Bloomberg] Gold Rises to Another Record as Traders Take Comfort in US PPI

[Reuters] S&P 500, Nasdaq end sharply higher on soft inflation data, eyes on earnings

[Reuters] Oil Falls Near $85 as Swelling Stockpiles Overshadow Iran Risk

[Reuters] Hot inflation may put Fed rate cut in thick of election season

[CNBC] Why car insurance costs are skyrocketing and leading to higher inflation

[Reuters] Focus: Bird flu pushes US dairy farmers to ban visitors, chop trees

[Reuters] Support from 'indispensable' US vital for Ukraine's survival, Japan PM tells Congress

[NYT] The Odds for a Summertime Rate Cut Are Dwindling

[FT] The Decembrist revolt

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Edge Up in Countdown to US Earnings Season: Markets Wrap

[Yahoo/Bloomberg] Emerging Stocks, Currencies Slide Amid Global Risk Aversion 

[Reuters] ECB puts June rate cut into view, asserts independence from Fed

[Reuters] Traders bet the ECB will chart its own rate cut path

[Reuters] Fed officials in no rush to cut rates as inflation worries rise

[Yahoo/Bloomberg] Fed’s Williams Says No Need to Adjust Rates in ‘Very Near Term’

[Yahoo/Bloomberg] Fed’s Collins Says Data May Warrant Later, Fewer Cuts This Year

[Yahoo/Bloomberg] More Companies Are Defaulting Over and Over Again, S&P Says

[Reuters] Russia and Germany urge restraint as Iranian threat puts Middle East on edge

[WSJ] Cocoa and Coffee Prices Have Surged. Climate Change Will Only Take Them Higher.

[FT] European Central Bank holds interest rates at 4% in contested decision

[FT] Aukus is gathering momentum and adherents