Thursday, March 20, 2025

Friday's News Links

[Yahoo/Bloomberg] Stocks Slip as Company Results Add to Tariff Gloom: Markets Wrap

[Yahoo/Reuters] Gold set for third week of gains on global uncertainties, rate cut hopes

[Yahoo/Reuters] Oil set for weekly gain on Iran sanctions, OPEC+ plan to rein in overproduction

[Yahoo/Bloomberg] Lira Heads for Worst Weekly Drop Since 2023 Amid Turkey Tumult

[Reuters] Morning Bid: Glum end to markets week as tariffs loom

[Yahoo/Bloomberg] Trump’s ‘Big One’ on Tariffs Has Emerging-Market Traders on Edge

[Axios] Americans' job anxiety soars to highest level in 10 years

[Yahoo/Reuters] Hedge fund pessimism over Wall Street hits 5-year high, Goldman says

[Yahoo/Bloomberg] Money-Losing Retail Crowd Keeps Buying Stocks as Market Teeters

[Yahoo/Bloomberg] BofA says tariff risk dismissed as stocks get ‘monster’ inflows

[Yahoo/Reuters] Global equity funds see a weekly sell-off on tariff woes, economic uncertainties

[Yahoo/WSJ] Frackers, Once Jubilant, Are Unnerved by Trump’s First Weeks in Office

[Politico] Germany’s big spending splurge gives EU the jitters

[Yahoo/Bloomberg] Japan’s Inflation Slows Less Than Expected, Backing BOJ Hikes

[Yahoo/Bloomberg] China to Add Cobalt, Copper in Boost to State Metal Reserves

[Axios] Scoop: Musk's PAC offers $100 to Wisconsin voters in pitch against "activist judges"

[Politico] Elon Musk threatens Pentagon leakers after NYT report on secret China war briefing

[Reuters] Russia and Ukraine accuse each other of blowing up Russian gas pumping station

[Bloomberg] Jerome Powell Says Trump Can’t Fire Him. That Might Change

[Bloomberg] Authers: Mar-a-Lago, or Much Ado That Might Never Happen

[Bloomberg] China Imports of US Commodities, Cars Collapse in New Trade War

[Bloomberg] German Spending Spree Stokes Bond Market Jitters in EU Periphery

[Bloomberg] Pro-Beijing Paper Urges Li Ka-shing to Scrap Panama Port Sale

[NYT] Drawing Back the Pentagon’s Curtains for Musk

[NYT] China’s Government Is Short of Money as Its Leaders Face Trump

[NYT] ‘Who Will Come to Invest?’ China’s Attacks on Panama Canal Deal Alarm Hong Kong

[WSJ] How Trump’s Trade War Played Out at Breakneck Speed

[WSJ] Germany Set for Trillion-Euro Defense and Infrastructure Splurge

[WSJ] Musk to Receive Top-Secret Briefing on U.S. War Plans for China

[WSJ] Inside Trump’s Lightning-Fast Deportation of Venezuelans to a Salvadoran Prison

[FT] Donald Trump imposes sanctions on Chinese companies over Iranian oil shipments

[FT] Donald Trump takes on America’s elite

[FT] Friedrich Merz’s €1tn spending plan wins final approval from Germany’s upper house

[FT] European military powers work on 5-10 year plan to replace US in Nato

[FT] Big Tech under pressure to act on data centres’ thirst for water

Thursday Evening Links

[Yahoo/Bloomberg] Stocks Halt Fed-Fueled Rally as Trade Fear Lingers: Markets Wrap

[Yahoo/Bloomberg] US Bonds Rise as a Cloudy Economic Path Backs Bets on Fed Cuts

[Reuters] Global debt exceeds $100 trillion as interest costs surge, OECD says

[AP] Judge calls Trump administration’s latest response on deportation flights ‘woefully insufficient’

[Reuters] Russian drones hit civilian targets in Ukraine's Odesa, injure three, governor says

[Reuters] Russia says Ukrainian drone attack on oil depot already violates proposed ceasefire

[Bloomberg] Trump Deported Venezuelans Who Aren’t Gang Members, Lawyers Say

[Bloomberg] NATO to Ask Europe and Canada for 30% Boost in Military Capacity

[WSJ] Trump Signs Order to Begin Dismantling Education Department. Here’s What to Know.

[WSJ] Europe Hatches Plans for Ukraine Peacekeepers Without U.S.

[FT] America needs what Canada sells

Thursday Afternoon Links

[Yahoo/Bloomberg] Stock Bounce Wanes in Run-Up to Big Options Test: Markets Wrap

[Yahoo/Bloomberg] Turkey Raises Overnight Rate in Shock Meeting to Boost Lira

[Yahoo/Bloomberg] Oil Advances as US Ramps Up Sanctions Against Iranian Crude

[Yahoo/Bloomberg] Trump Says Fed Should Cut Rates as Tariff Push Heats Up

[Axios] Amid Trump policy changes, the Fed takes the back seat

[Yahoo/Reuters] US current account deficit narrows in fourth quarter

[Yahoo/Bloomberg] US Existing-Home Sales Top Estimates, Rebound From Bad Weather

[Yahoo/Bloomberg] Private Credit Firms Are Pushing Boundaries to Win Large Deals

[Yahoo/Bloomberg] LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs

[AFP] Arrested Istanbul mayor urges judges to act as protests resume

[Axios] Georgetown University researcher detained by immigration authorities

[NYT] Why the Fed’s Job May Get a Lot More Difficult

[WSJ] As Trump Clashes With Europe, Italy’s Meloni Tries to Hold the West Together

[FT] Ukraine coalition moving from ‘political concept to military plans’, says Starmer

[FT] Canada election expected to be held on April 28

[FT] Donald Trump finds making peace is easier said than done

Thursday's News Links

[Yahoo/Bloomberg] Stocks Erase Losses After Solid Housing Report: Markets Wrap

[Yahoo/Bloomberg] Oil Erases Gains as Traders Assess Fed Stance, Trump’s Rate Push

[Yahoo/Bloomberg] Chinese Bonds Recover From Selloff as PBOC Steps Up Cash Support

[Yahoo Finance] Trump says Fed would be 'much better off' lowering rates as tariffs start

[AP] Applications for jobless benefits inch up, but layoffs remain low, labor market healthy

[CNBC] February home resales jump much more than expected, despite higher mortgage rates

[Yahoo/Bloomberg] A $4.5 Trillion Triple-Witching Gives Investors Yet Another Test

[Yahoo/Bloomberg] Powell Downplays Growing Risks, Sees Tariff Impact as Transitory

[AP] Trump will order a plan to shut down the US Education Department

[AP] New Canadian Prime Minister Mark Carney will call a snap election on Sunday

[Yahoo/Bloomberg] Small Business Optimism in Canada Collapses to 25-Year Low

[Yahoo/Reuters] Bank of England keeps rates on hold, warns against assumptions for cuts in face of uncertainty

[Politico] ECB’s Lagarde: EU needs to be ready for tariff ‘blackmail’ in age of Trump

[Yahoo/Bloomberg] ECB’s Muller Warns of Upside Risk for Inflation From Tariffs

[Yahoo/Bloomberg] Erdogan’s Foreign Policy Clout Sees Him Test Limits of Power

[Bloomberg] Authers: The Fed Is Clueless, Too. And That’s OK

[Bloomberg] Macron Is Heading for a Clash With Trump Over His Push to Help Ukraine

[NYT] Powell Revives a Debate on ‘Transitory’ Inflation

[NYT] Musk Donates to G.O.P. Members of Congress Who Support Impeaching Judges

[WSJ] Fed Projections See an Economy Dramatically Reset by Trump’s Election

[WSJ] Global Central Banks Wrestle With Slowing Growth, Stubborn Inflation

[WSJ] Debt Issuance by Governments of Rich Countries to Hit Record High, OECD Says

[WSJ] Tariffs Are a Risk for Midsize Businesses, and Their Lenders

[FT] Erdoğan’s move against main rival plunges Turkey into crisis