Friday's News Links

[Yahoo/Bloomberg] Stocks Dip With Focus on Key Inflation Data: Markets Wrap

[Yahoo/Bloomberg] Global Bonds Slide Once Again as Inflation Curbs Rate-Cut Hopes

[Yahoo/Bloomberg] Oil Extends Decline With Supply in Focus Before OPEC+ Meeting

[Yahoo/Bloomberg] Wheat Jumps Most Since War in Ukraine Due to Weather Swings

[CNBC] The Fed’s preferred inflation measure rose 0.2% in April, as expected

[Yahoo/Bloomberg] Higher for Longer Rates Mean No Escape From the Debt Squeeze

[Axios] Latest housing market blow: Pending home sales gauge plunges

[Yahoo/Bloomberg] BofA Says Drop in US Tech Could Be Next Pain Trade for Equities

[Yahoo/Bloomberg] Japan Spent Record $62 Billion to Prop Up Yen in Past Month

[Yahoo/Bloomberg] Tokyo Inflation Picks Up, Keeping BOJ on Track for Rate Hike

[Reuters] Euro zone inflation rises in fresh signal for ECB caution

[Reuters] OPEC+ working on complex production cut deal for 2024-2025, sources say

[Yahoo/Bloomberg] China’s 60 Million Homes Are Hard to Sell Even in Big Cities

[Reuters] China's factory activity unexpectedly dips as property pain persists

[Yahoo/Bloomberg] Largest ETF Outflows in Over a Year a Warning For China’s Stock Rally

[Reuters] Foreigners pull money out of EM portfolios after five months of inflows

[Reuters] Global equity funds record first outflows in five weeks amid rising U.S. yield

[Reuters] US, allies 'gravely concerned' by North Korea-Russia cooperation

[WSJ] Commercial Property Meltdown Clobbers Pension Funds

[WSJ] Chinese State Media Hint at Possible PBOC Bond Selling

[FT] Japan’s $62bn support for yen provides little reprieve

[FT] Private capital has raised more money than it has returned

Thursday Evening Links

[Reuters] Nasdaq falls 1%; Salesforce shares weigh on tech

[Yahoo/Bloomberg] Fed’s Logan Says Policy May Not Be as Restrictive as Believed

[Reuters] Morning Bid: China PMIs, Tokyo CPI eyed; month-end mood dims

[Politico] Biden secretly gave Ukraine permission to strike inside Russia with US weapons

[Reuters] Biden allows Ukraine to use US-supplied arms to strike inside Russia near Kharkiv area, say US officials

[Yahoo/Bloomberg] Subway Borrows $3.35 Billion in Biggest Securitization of Its Kind

[FT] Tett: There is currency stress on the horizon

[FT] US seeks to choke off supplies via China for Russia’s war machine

Thursday Afternoon Links

[Reuters] Wall St slips as Salesforce drags on tech; data boosts rate-cut hopes

[Yahoo/Bloomberg] Oil Falls Despite US Storage Drop as Traders Await OPEC+ Meeting

[Yahoo/Bloomberg] High Interest Rates Are Working, Fed's Williams Says

[Reuters] Fed's Williams: Monetary policy well positioned to lower inflation

[Yahoo/Bloomberg] US Mortgage Rates Climb Past 7% in First Gain Since Early May