Sunday, July 4, 2021

Monday's News Links

[Yahoo/Bloomberg] U.S. Stock Futures Steady; OPEC+ Spat Boosts Oil: Markets Wrap

[Reuters] World shares cling near record highs

[Yahoo/Bloomberg] Beijing’s Blocking of Didi App Sends Peers Tumbling in Hong Kong

[Reuters] Dollar pauses as rate hike fears ebb, Fed minutes up next

[Reuters] Gold eyes $1,800 as dollar pauses, market digests U.S. jobs report

[Yahoo/Bloomberg] OPEC+ Shows No Sign of Healing Rift Just Before Talks Resume

[Yahoo Finance] Fed meeting minutes: What to know this week

[CNBC] After crackdown on Didi, China opens cybersecurity probes into 3 more tech firms

[Yahoo/Bloomberg] China Widens Probe Beyond Didi, Roiling Global Investors

[Reuters] Growth in China's June services activity falls to 14-month low: Caixin PMI

[Yahoo/Bloomberg] Chinese Developer Woes Are Weighing on Asia’s Junk Bond Market

[Reuters] Hackers demand $70 mln to restore data held by companies hit in cyberattack - blog

[Reuters] Japan's service sector activity contracts for 17th month as pick-up stalls

[Yahoo/Bloomberg] Turkish Inflation Soars in Blow to Erdogan’s Rate-Cut Hopes

[WSJ] Retail Investors Power the Trading Wave With Record Cash Inflows

[WSJ] Facebook, Twitter, Google Threaten to Quit Hong Kong Over Proposed Data Laws

[WSJ] Didi and the Big Chill on China’s Big Data

[WSJ] Almonds Swept California Farms. Then the Water Ran Out.

[FT] China targets more tech groups after Didi crackdown

[FT] Inflows into equity funds smash records

[FT] Tesla’s entry to S&P 500 costs investors $45bn

[FT] Chinese listings in US flop despite fundraising frenzy

Sunday Evening Links

[Yahoo/Bloomberg] Stocks Eye Steady Open; Oil in Focus on OPEC+ Spat: Markets Wrap

[CNBC] Wall Street banks racked up $650 million in fees and stock gains in the busiest IPO week since 2004

[CNBC] ‘Inflation is the silent killer,’ as many retirees are feeling the sting

[Reuters] ECB's Knot says "inflation is not dead" in Europe - NRC interview

[Bloomberg] China’s Local Governments Roll Over More Debt to Ease Risks

Sunday's News Links

[Reuters] After year of pandemic cancellations, Americans celebrate July Fourth with a bang

[Yahoo/Bloomberg] High-Stakes Oil Diplomacy Puts Future of OPEC+ Deal at Risk

[CNBC] ‘Inflation is the silent killer,’ as many retirees are feeling the sting

[AP] Ransomware attack before holiday leaves companies scrambling

[Yahoo/Bloomberg] Variants Haunt Outlook for Global Growth Rebound: Eco Week Ahead

[Reuters] Kremlin says 'provocations' like UK warship episode demand tough response

[Bloomberg] It’s the Beginning of the End of Easy Money

[Bloomberg] China to Keep Dragging Down Asian Junk Bonds Versus High Grade

[WSJ] Credit Suisse’s Zoltan Warns of Trouble Ahead in Money Markets

[WSJ] Lower-Wage Workers See Biggest Gains From Easing of Covid-19 Pandemic

[FT[ Corporate insiders’ well-timed share sales raise concerns

[FT] Russia-linked hackers target IT supply chain with ransomware