Wednesday, July 28, 2021

Thursday's News Links

[Yahoo/Bloomberg] U.S. Stocks Rise on Fed, Earnings: Markets Wrap

[Yahoo/Bloomberg] China Stocks Rally as Beijing Intensifies Effort to Calm Market

[Reuters] Gold hits near two-week peak after Powell douses rate hike prospects

[Reuters] Dollar's post-Fed fall to one-month low lifts other currencies

[Yahoo/Bloomberg] Oil Extends Gain From Two-Week High as U.S. Stockpiles Decline

[Reuters] U.S. economy grows solidly in second quarter; weekly jobless claims fall

[CNBC] U.S. GDP increased 6.5% in the second quarter, well below expectations

[Reuters] Analysis: As Fed tiptoes around tapering, investors look to Jackson Hole meeting for clarity

[CNBC] Senate votes to advance bipartisan infrastructure bill as Democrats forge ahead with ambitious economic agenda

[Yahoo/Bloomberg] China Convenes Banks in Bid to Restore Calm After Stock Rout

[Yahoo/Bloomberg] Credit Market Pain Seen Potentially Spreading From China to U.S.

[Yahoo/Bloomberg] Investors Shrug Off Regulators’ Leveraged Debt Bubble Warnings

[Yahoo/Bloomberg] Rising Costs Muddy Post-Lockdown Rebounds for Consumer Giants

[Yahoo/Bloomberg] Markets Glued to China’s Politburo Meeting for Policy Clues

[Bloomberg] China Injects Short-Term Cash After Crackdowns Spook Markets

[WSJ] China Moves to Reassure Global Banks and Investors After Market Rout

[WSJ] Brace for Higher Prices for Ice Cream, Tequila and Bottled Water

[FT] China lays down challenge to the west on crypto

[FT] Credit Suisse/Archegos: pull no punches

[FT] Spacs forced to fund deals with more expensive financing

Wednesday Evening Links

[Yahoo/Bloomberg] Asia Stocks Set to Rise as Traders Mull Fed, China: Markets Wrap

[CNBC] Stock futures mixed after Fed keeps interest rates near zero 

[Reuters] Oil settles up near $75; sharp U.S. inventory drop counters virus worry

[Yahoo/Bloomberg] Powell Sees Progress on Taper Conditions Though a Ways to Go

[CNBC] The Fed edged toward reversing its easy policies, but it may move slower than some expect

[Yahoo Finance] Federal Reserve deepens taper talks as economy makes 'further progress'

[Yahoo/Bloomberg] Not Even Jerome Powell Gets What’s Up With the Bond Market

[AP] Fed’s Powell downplays delta variant’s threat to the economy

[AP] Infrastructure deal: Senate ready to move ahead on $1T bill

[Reuters] U.S. Senate to vote on infrastructure after bipartisan breakthrough

[Yahoo/Bloomberg] Tiger Global’s 20-Year Run in China Hits Snag on New Crackdown

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Hold Steady, Yields Rise as Fed Holds Rates: Markets Wrap

[CNBC] S&P 500 cuts losses after Fed says economy is making progress, but not enough to change policy

[Yahoo/Bloomberg] Oil Climbs as U.S. Supplies Tumble in Peak Demand Season

[Yahoo/Bloomberg] Fed Says Progress Made Toward Conditions for Tapering Bond Buys

[CNBC] Fed holds rates near zero, says economy has gotten better even with pandemic worries

[CNBC] Here’s what changed in the new Fed statement

[WSJ] Fed Says Economy Has Made Progress Toward Its Goals, Teeing Up Bond Taper

[WSJ] Apple and Tesla Are the Chip Shortage’s Latest Victims