Wednesday, March 10, 2021

Thursday's News Links

[Yahoo/Bloomberg] Nasdaq Leads U.S. Equities as Dollar Weakens: Markets Wrap

[Reuters] Euro zone bond yields fall after ECB says it will speed up bond purchases

[Reuters] World stocks hit highest in a week as inflation scare fades

[Yahoo/Bloomberg] Oil Climbs as U.S. Gasoline Stockpiles Drain Amid Rising Demand

[Yahoo/Bloomberg] Gold Gains for Third Day With Focus on U.S. Stimulus, Inflation

[Reuters] U.S. weekly jobless claims fall more than expected

[Reuters] ECB signals faster money-printing to combat rise in yields

[Reuters] Credit Suisse freezes four funds invested in supply chain finance

[Reuters] Brazil inflation tops 5% for first time in four years, rate hike likely

[CNN] Brazil plunges into crisis as a second wave and deadly new variant overwhelm hospitals

[CNN] First NFT artwork at auction sells for staggering $69 million

[Bloomberg] Biden Treasury Pick Quietly Starts Work to Rein In Wall Street

[NYT] Why $4 a Gallon Gas May be Coming Your Way This Summer

[WSJ] Congress Eyes Antitrust Changes to Counter Big Tech, Consolidation

[WSJ] Cash-Out Refinancings Hit Highest Level Since Financial Crisis

[FT] ECB pledges to step up pace of stimulus to counter market sell-off

[FT] ETF inflows surge past record as investors bet on global recovery

[FT] US threatens to ‘take action’ against China over Hong Kong law

[FT] How hedge funds are fuelling the Spac boom

[FT] Hedge fund managers Talpins and Rokos stung by February market tumult

[FT] Hydrogen — Fantasy or fuel of the future?

Wednesday Evening Links

[Reuters] Asian stocks set to firm after Dow hits record

[Yahoo/Bloomberg] U.S. Stocks Rise as Tech Lags; Treasuries Climb: Markets Wrap 

[Yahoo/Bloomberg] Oil Rises With U.S. Gasoline Supplies Sliding to Four-Month Low

[AP] US budget deficit hits record $1.05 trillion after 5 months

[Reuters] Biden's $1.9 trillion COVID-19 bill wins final approval in House

[Reuters] Top U.S., China diplomats to hold first in-person talks of Biden presidency

[Yahoo/Bloomberg] Hedge-Fund Short Covering Seen as Big Driver of Nasdaq Rally

[Reuters] Explainer: What is the U.S. Senate filibuster and why is everyone talking about it?

[Yahoo/Bloomberg] Roblox Creator’s Wealth Soars to $4.6 Billion As Shares Jump

[Bloomberg] U.S. Budget Deficit Tops $1 Trillion This Year, Before Stimulus

[NYT] Inflation Fear Lurks, Even as Officials Say Not to Worry

Wednesday Afternoon Links

[Yahoo/Bloomberg] U.S. Stocks Rise, Tech Lags Behind; Bonds Gain: Markets Wrap

[CNBC] 10-year yield falls after Treasury auction demand is adequate enough to ease investors’ fears

[Reuters] Dow hits record high as inflation fears recede after data 

[Yahoo/Bloomberg] Texas Lawmakers to Rule on $16 Billion Blackout Pricing

[Yahoo/Bloomberg] Biden to Double J&J Order; Variants Gain in NYC: Virus Update

[Reuters] Credit Suisse shaken by aftershocks of Greensill insolvency

[Yahoo/Bloomberg] Gupta’s GFG Alliance Hires PJT, Alvarez & Marsal to Advise on Fixing Finances

[Reuters] Myanmar security forces surround protesters as U.S. pleads for them

[WSJ] Japan’s Tsunami and Nuclear Disaster Unleashed a $300 Billion Effort to Rebuild a Hinterland

[FT] Historic US stimulus plan approaches finishing line

[FT] Sanjeev Gupta’s empire building faces test of its steel

[FT] Brazil’s Lula da Silva returns to political fray with Bolsonaro attack