Tuesday, May 25, 2021

Wednesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Rise as Inflation Fears Wane: Markets Wrap

[Yahoo/Bloomberg] Gold Returns to Where It Started 2021 on Fed’s Dovish Commitment

[Reuters] Dollar wallows at multi-month lows as Fed bangs dovish drum; kiwi jumps

[CNBC] Weekly mortgage demand falls as interest rates move higher

[Reuters] White House says rising home prices are a concern

[Yahoo/Bloomberg] China Struggles to Suppress Bubbles in Markets Awash With Money

[Yahoo/Bloomberg] New Zealand Joins Canada In Signaling Rates May Rise Next Year

[Yahoo/Bloomberg] Slowly But Surely, Central Banks Are Signaling Policy Shifts

[Yahoo/Bloomberg] Currency Volatility Set for a Comeback on Looming Policy Shifts

[Reuters] China's crypto crackdown speeds shift to central Asia, North America mining

[Yahoo/Bloomberg] Bitcoin’s Volatility Is Spilling Over to U.S. Stocks, Study Says

[Reuters] China bars banks from selling commodities-linked products to retail buyers -sources

[Bloomberg] Biden Urged to Replace Quarles; Clarida’s Not Talked Fed Future

[Bloomberg] China’s Strong Recovery Shows Signs of Softening as Costs Surge

[Bloomberg] Central Banks Face New Balancing Act With Their Huge Asset Piles

[Bloomberg] China’s Crypto Mining Crackdown Followed Deadly Coal Accidents

[WSJ] Fed’s No. 2 Official Sees Time Approaching for Discussion on Cutting Asset Purchases

[FT] South Korean crypto clampdown pushes many exchanges to precipice

[FT] Oil producers face costly transition as world looks to net-zero future

Tuesday Evening Links

[Reuters] Wall Street ends slightly lower as investors eye inflation clues

[Yahoo/Bloomberg] Gold Extends Rally With Metal On Pace to Wipe Out 2021 Losses

[Reuters] Dollar slide continues, yuan rally gets attention

[Reuters] Treasuries - U.S. yields lower after strong demand for two-year note auction

[CNBC] Corn futures drop 6% on larger supply in latest speculative unraveling in the commodities markets

[Yahoo/Bloomberg] Clarida Says Fed May Begin Talking Taper at Coming Meetings

[Dow Jones] U.S. Home-Price Growth Surges as Demand Overwhelms Supply

[CNBC] Republicans plan to send Biden nearly $1 trillion infrastructure counteroffer this week

[Reuters] U.S. business borrowings jump 19% in April - ELFA survey

[Yahoo/Bloomberg] Huarong Fallout Makes Provincial State Firms Even Less Popular

Tuesday Afternoon Links

[CNBC] S&P 500 turns negative, giving up earlier gain 

[CNBC] Bitcoin traders using up to 100-to-1 leverage are driving the wild swings in cryptocurrencies

[Reuters] U.S. new home sales drop in April; March sales revised sharply lower

[AP] Consumer confidence ticks down in May, but remains strong

[CNBC] Get ready, rents are rising fast again, even in San Francisco

[CNBC] DC attorney general sues Amazon on antitrust grounds, alleges it illegally raises prices

[Reuters] Fed's Evans says easy monetary policy has his 'full' support

[AP] Belarus’ isolation grows after journalist’s dramatic arrest