Monday, July 5, 2021

Tuesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Decline; Oil Drops From Six-Year High: Markets Wrap

[Reuters] Oil hits multi-year highs after OPEC+ talks collapse

[Yahoo/Bloomberg] Gold Hits Two-Week High as Technicals Kick In Before Fed Minutes

[Yahoo/Bloomberg] Didi Plunges Below IPO Price as China Crackdown Brings U.S. Pain

[Reuters] China tech crackdown wipes out billions from Didi, other U.S.-listed firms

[Yahoo/Bloomberg] U.S. Service Industries Expand at Slower Pace Than Expected

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

[Reuters] Quickening U.S. recovery puts Fed taper discussion in focus

[Yahoo/Bloomberg] Credit Markets May Not Be So Forgiving in Post-Pandemic World

[AP] Southwest, American delays hint at hard summer for travelers

[Reuters] Up to 1,500 businesses affected by ransomware attack, U.S. firm's CEO says

[Yahoo/Bloomberg] China to Tighten Rules on Data, Overseas Listings After Didi IPO

[AP] Explainer: Why China is investigating tech firms like Didi

[Reuters] Global corporate tax overhaul faces rocky road to completion

[Yahoo/Bloomberg] Politics Seep Into Oil as Diverging Goals Test Saudi-UAE Ties

[Reuters] Japan's Aso: peaceful solution desirable for any Taiwan contingency

[Bloomberg] Soaring U.S. Rents Are the Sticky Inflation With Staying Power

[WSJ] Ransomware Hackers Demand $70 Million to Unlock Computers in Widespread Attack

[WSJ] Stocks Were Unusually Quiet in June. Traders Think That Is About to Change.

[FT] Why is Opec+ in turmoil when oil prices are climbing?

[FT] Chip shortage to hit TV and smartphone OLED displays

[FT] Inflation takes shine off booming central Europe

[FT] US bond funds rake in more cash despite inflation fears

Monday Evening Links

[CNBC] Stock futures are flat after S&P 500 and Nasdaq notch another round of records

[Yahoo/Bloomberg] U.S. Futures Fluctuate; Oil Jumps on OPEC+ Dispute: Markets Wrap

[Yahoo/Bloomberg] Gold Regains Shine After Central Bank Buying Drops to Decade Low

[Reuters] Biden administration pushes for 'compromise solution' in OPEC+ talks

[Reuters] OPEC+ abandons oil policy meeting after Saudi-UAE clash

[Reuters] In private conversation, hackers behind ransomware outbreak lower demand to $50 mln

[Yahoo/Bloomberg] Didi Shows All Chinese Tech Giants Must First Answer to Beijing

[Reuters] Chinese regulators suggested Didi delay its U.S IPO: WSJ

[Reuters] Brazil's Bolsonaro implicated in alleged graft scheme as lawmaker, UOL reports

[Yahoo/Bloomberg] Solar Power Is Dirt-Cheap and About to Get Even More Powerful

[Bloomberg] China Defaults Threaten an Eerily Calm $12 Trillion Bond Market