Wednesday, April 14, 2021

Thursday's News Links

[Yahoo/Bloomberg] U.S. Stocks Rise as Earnings, Data Signal Rebound: Markets Wrap

[Reuters] World stocks stay high, Russia's rouble buckles under sanctions stress

[Reuters] Oil holds near one-month highs as demand forecasts raised

[CNBC] Retail sales explode in March as consumers use stimulus checks to spend heavily

[AP] US jobless claims plunge to 576,000, lowest since pandemic

[Yahoo/Bloomberg] Biden Imposes Sanctions on Russia, Restricts Buying New Debt

[Reuters] Exclusive: Biden to bar U.S. banks from issuing Russian sovereign debt

[Reuters] Sustainable-bond issuance reaches record high in first quarter

[Yahoo/Bloomberg] PBOC’s Cash Injection Disappoints Stock Traders Wanting More

[Reuters] China's central bank injects 150 bln yuan through medium-term loans

[Yahoo/Bloomberg] China’s Very Bad Bank: Inside the Huarong Debt Debacle

[Yahoo/Bloomberg] Biden Rushes to Protect Power Grid as Hacking Threats Grow

[Yahoo/Bloomberg] ‘Dramatic’ Round of Regulation Seen Coming for Cryptocurrencies

[Reuters] As Suga heads to U.S., Japanese stocks with ties to China take a beating

[Yahoo/Bloomberg] Record Covid Rise Reverses a Rally in Dollar Debt: India Credit

[Reuters] Taiwan's Tsai says China's military activities threaten regional stability

[Bloomberg] New York Manufacturing Expands at Fastest Pace Since 2017

[WSJ] U.S. Housing Market Is Nearly 4 Million Homes Short of Buyer Demand

[FT] Surging inflows into ETFs hit $1tn in record-breaking 12-month streak 

[FT] Loose monetary policy is today’s biggest market risk

[FT] US oil drillers ‘dying on the vine’ as PE flight prompts funding drought

[FT] Chinese ratings group cuts Huarong outlook to ‘negative’ as bonds slide

[FT] BlackRock assets under management surge to record $9tn

[FT] Hedge funds post best start to year since before financial crisis

Wednesday Evening Links

[Yahoo/Bloomberg] Asia Stocks Look Mixed After U.S. Slips off Record: Markets Wrap

[Yahoo/Bloomberg] Stocks Drop From Record Highs; Bond Yields Rise: Markets Wrap

[Yahoo/Bloomberg] Oil Surges to Highest in a Month With U.S. Demand Picking Up

[Yahoo/Bloomberg] Coinbase shares close 14% below opening price after trading debut

[Reuters] New York Fed's Williams: Fed has tools to deal with high inflation

[SCMP] China Huarong uncertainty unnerves debt investors as credit ratings agencies review outlook for distressed-debt manager

[Reuters] Russia, Ukraine hold military drills, NATO criticises Russian troop build-up

[Bloomberg] Huarong Is a Big Bad Mess and Bailing It Out Won’t Be Pretty

[WSJ] Central Bank Will Begin Reducing Bond Purchases ‘Well Before’ Raising Interest Rates, Powell Says

[WSJ] China’s Bad-Bank Panic Unveils the Man Behind the Curtain

[WSJ] Biden Brushes Off China’s Complaints, Sends First Delegation to Taiwan

[FT] Boom on Wall Street powers US bank profits

[FT] Do China’s ‘wolf warrior’ diplomats really have any bite?

[FT] Larry Summers: ‘I’m concerned that what is being done is substantially excessive’

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Are Mixed as Powell Sees Quicker Growth: Markets Wrap

[Yahoo/Bloomberg] Oil Surges With U.S. Data Underscoring Brighter Global Outlook

[Reuters] U.S. import prices increase solidly, seen temporarily boosting inflation

[Reuters] As bank earnings roll in, a mixed picture for loans

[Yahoo/Bloomberg] Gensler Confirmed for SEC, Setting Him Up to Police Wall Street

[Yahoo/Bloomberg] Trading Wunderkind’s Alleged $740 Million Fraud Jolts Singapore

[Reuters] India's coronavirus cases hit record as Mumbai prepares for new lockdown

[Reuters] Analysis: Hot or cold war? Investors try to second guess Russia's military manoeuvres

[Reuters] U.S. spy chiefs say China is 'unparalleled priority'