Tuesday, June 1, 2021

Wednesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Rise With Europe; Dollar Gains: Markets Wrap

[Reuters] Stocks near highs on recovery bets as oil extends rally above $70

[Yahoo/Bloomberg] Oil Rises From Highest Since 2018 on Strengthening Demand

[CNBC] AMC jumps another 20%, on pace to open at all-time high, as investors shrug off hedge fund’s stock sale

[CNBC] Housing boom may be cooling as weekly mortgage demand drops again

[Yahoo/Bloomberg] Rapidly Tightening Oil Market Fuels Inflation Concerns

[Reuters] 'Big risk': California farmers hit by drought change planting plans

[Dow Jones] Meat Buyers Scramble After Cyberattack Hobbles JBS

[Yahoo/Bloomberg] Huarong Contagion Risk Resurfaces at Peers That Owe $454 Billion

[Reuters] China's banks are bursting with dollars, and that's a worry

[Yahoo/Bloomberg] Wuhan Lab Leak Theory’s Revival Risks Making U.S.-China Relations Worse

[Reuters] South Korea's inflation hits 9-year high as commodity prices jump

[Yahoo/Bloomberg] Erdogan Renews Rate-Cut Demands as Economy Erodes Support

[Bloomberg] Global Economy Will Still Be 23 Million Jobs Short Next Year

[Bloomberg] Europeans Are in for a Costly Summer as Prices Test Central Bankers’ Resolve

[Yahoo/Bloomberg] Permian Study Finds Overproduction Leading to More Methane Leaks

[WSJ] Inflation in Rich Countries Hit a 12-Year High in April

[WSJ] A Rising Yuan Sets the Stage for More China-U.S. Currency Friction

[FT] US money market funds struggle as short-term rates near negative territory

[FT] Why central bankers no longer agree how to handle inflation

[FT] China’s economic boom leaves manufacturing hubs short of power