Tuesday, February 2, 2021

Wednesday's News Links

[Yahoo/Bloomberg] Global Stocks Extend Rally as Earnings Roll In: Markets Wrap

[Yahoo/Bloomberg] Silver Calms as Market-Roiling Frenzy Shows Signs of Easing Off

[Yahoo/Bloomberg] China Drains Funds From Banking System as Cash Crunch Eases

[Reuters] U.S. private payrolls rebounded in January - ADP

[CNBC] Mortgage refinancing suddenly surges, but homebuyers stall due to sticker shock

[Yahoo/Bloomberg] Yellen Summons Regulators to Discuss Financial Market Volatility

[Reuters] Exclusive: Treasury's Yellen calls top regulator meeting on GameStop volatility, consults ethics lawyer

[CNBC] Covid live updates: Study finds delaying the second AstraZeneca shot works; GSK and CureVac partner on variants

[Reuters] Who is Andy Jassy, the next CEO of Amazon?

[Reuters] Euro zone downturn deepened in January as lockdowns hit services

[Yahoo/Bloomberg] Ex-ECB Chief Draghi Accepts Mandate to Form Italy Government

[Reuters] Japan's service sector slump deepens as COVID-19 emergency hits businesses

[Reuters] Myanmar doctors stop work to protest coup as U.N. considers response

[Reuters] Myanmar police file charges against Aung San Suu Kyi after coup

[Yahoo/Bloomberg] Morgan Stanley Says Emerging Stocks May Have Peaked for the Year

[Yahoo/Bloomberg] Mudrick Wins, Eminence Drops as Reddit Rout Hits Hedge Funds

[Bloomberg] Riskiest Borrowers Are Racing to Markets

[Bloomberg] Treasury Holds Quarterly Borrowing at Record Before New Stimulus

[WSJ] U.S. Still Faces Uncertain Borrowing Needs Due to Covid-19, Treasury Says

[WSJ] Biden’s China Policy to Be Steered by Team of Rivals

[FT] ‘Let them trade’: Washington struggles with Robinhood politics

[FT] Eurozone inflation jumps by most in over a decade

[FT] Amazon strain sparks fears of spread throughout Brazil

Tuesday Evening Links

[Yahoo/Bloomberg] U.S. Stocks Rally as Day-Trading Frenzy Collapses: Markets Wrap 

[Reuters] Treasuries -Yields rise, curve steepens on fiscal stimulus push

[Reuters] Oil jumps 2%, hits highest in a year as producers limit supply

[Reuters] Democrats to go it alone in Congress vote on Biden's COVID-19 aid

[Yahoo/Bloomberg] Biden, Yellen Tell Democrats GOP Plan Too Small: Stimulus Update

[Yahoo/Bloomberg] U.S. Mint Still Rationing Silver Coins Amid ‘Exceptional’ Demand

[Bloomberg] China Faces a Liquidity Test Just Days After Crunch Passed

[Bloomberg] Steve Cohen’s Point72 Raises $1.5 Billion After Melvin Capital Infusion

[Yahoo Finance] Jeff Bezos to step down as CEO of Amazon, to be replaced by AWS chief Andy Jassy

[WSJ] Coup Puts Myanmar at the Center of U.S.-China Clash

[FT] Mario Draghi asked to form new Italian government

[FT] Big Oil hit by record losses from pandemic and clean fuel

Tuesday Afternoon Links

[Yahoo/Bloomberg] Stocks Rally as Day-Trading Craze Loses Momentum: Markets Wrap

[Reuters] Wall St. jumps ahead of Amazon, Alphabet results; stimulus in focus

[Reuters] Global equities rally as more U.S. stimulus looms, silver slumps

[Reuters] Oil jumps 2%, hits highest in year as producers limit supply

[Reuters] Fed policy is one factor in Reddit-fueled frenzy, U.S. central banker says

[CNBC] U.S. Covid hospitalizations and cases are falling, but new strains could undo that progress

[Yahoo/Bloomberg] U.S. Bankruptcy Tracker: Battered Firms Hasten to Cut Costs

[Yahoo/Bloomberg] Hedge Funds Live to Fight Another Day After Reddit-Fueled Mayhem

[Yahoo/Bloomberg] The Global Food Trade Has Been Upended by a Container Crisis