Friday's News Links

[CNBC] Dow rises 400 points as stocks rally after Powell signals Fed rate cuts ahead: Live updates

[CNBC] 10-year Treasury yields slide after Powell remarks point to Fed rate cuts

[Yahoo/Bloomberg] Stocks Climb With Powell Stepping Into Spotlight: Markets Wrap

[Yahoo/Bloomberg] Gold Rebounds Before Fed Speech That May Offer Rate Clues

[Yahoo/Bloomberg] Oil Gains as Traders Await Powell Clues on Interest-Rate Outlook

[Yahoo/Bloomberg] Yen Climbs as Ueda Indicates That Rates Can Go Higher in Japan

[CNBC] Fed Chair Powell indicates interest rate cuts ahead: ‘The time has come for policy to adjust’

[Reuters] US new home sales rise to highest level in more than a year

[Reuters] BOJ's Ueda signals readiness to raise rates if growth, inflation on track

[Yahoo/Bloomberg] Ueda Keeps Rate Hikes in Play, Talks Down BOJ’s Part in Meltdown

[Reuters] Japan's core inflation picks up, but demand-driven growth below 2%

[Yahoo/Bloomberg] Fed’s Jackson Hole Conference Is Underway: Here’s What to Expect

[Reuters] Global equity funds see sharp inflows on Fed rate cut hopes

[Yahoo/Bloomberg] Private Credit Loses Ground in Fight for Family Office Money

[Reuters] After battle with yuan bears, China is now keen to avoid sharp currency gains

[Reuters] Airlines suspend flights as Middle East tensions rise

[Reuters] Russian ambassador to U.S. says Putin has plan of action for Kursk incursion

[Bloomberg] Vanke to Show Extent of Property Crisis That’s Bruising Chinese Banks

[Bloomberg] China Vows to Accelerate Buying Unsold Homes for Public Housing

[NYT] Why Jackson Hole Is the Fed’s Biggest Shindig

[FT] The new gold rush reflects the world’s deep worries

[FT] Bank of Japan governor Kazuo Ueda warns global markets are ‘unstable’

[FT] Emmanuel Macron meets political leaders to decide on French prime minister

Thursday Evening Links

[Yahoo/Bloomberg] Wall Street Braces for ‘Reality Check’ From Powell: Markets Wrap

[Reuters] Wall St ends lower as tech shares weigh; Jackson Hole in focus

[AP] Canadian freight trains to roll again as government forces arbitration of labor dispute

[Yahoo/Bloomberg] Fed Officials Argue for Gradual Pace of Cuts Starting Soon

[Yahoo/Bloomberg] US High-Grade Bond Sellers Eye $125 Billion in September Deals

[Reuters] Exclusive: Israeli demands for troops in Gaza blocking truce deal, sources say

[Bloomberg] BOJ Ueda’s First Appearance Since Turmoil Has Investors on Edge

[FT] Israeli jets strike Lebanon in response to Hizbollah rocket barrage

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Fall in Run-Up to Powell as US Yields Jump: Markets Wrap

[Yahoo/Bloomberg] Oil Rises From January Low as Technicals Signal Selloff Overdone

[Reuters] US business activity edges lower; pricing power ebbs further

[Reuters] US existing home sales rise more than expected in July

[Reuters] US 30-year fixed-rate mortgage slips to lowest level since May 2023

[AP] Canada’s 2 major freight railroads at a full stop; government officials scramble

[Yahoo/Bloomberg] Fed’s Harker Says Need More Data Before Deciding Rate-Cut Size

[Yahoo/Bloomberg] El-Erian Says Market Is Pricing In Too Many Fed Rate Cuts

[WSJ] Ukrainian Drones Hit Russian Military Air Base as Kyiv Escalates Long-Range Strikes

[FT] Taiwan’s top security officials make secret trip to US for talks