Tuesday, August 3, 2021

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Dip on Mixed Earnings; Treasuries Gain: Markets Wrap

[Reuters] Gold edges higher as investors strap in for U.S. jobs data

[Yahoo/Bloomberg] Treasuries Feel Global Pull of Sub-Zero Yields on Virus Concerns

[Reuters] U.S. private payrolls growth slows in July- ADP

[Reuters] Mortgage rates fall below 3% for first time since February - MBA

[AP] Huge California fire grows as heat spikes again across state

[Reuters] Growth in China's July services activity speeds up, but risks loom - Caixin PMI

[CNBC] ‘Made in China’ products are running into new logistics problems

[Yahoo/Bloomberg] China’s Delta Outbreak Cuts Travel, Prompting GDP Downgrades

[AP] China seals city as its worst virus outbreak in a year grows

[Reuters] Japan's service sector activity shrinks at faster pace in July - PMI

[Yahoo/Bloomberg] Suspected Ship Hijack Near Iran Ends as Mideast Tensions Spike

[NYT] Big Economic Challenges Await Biden and the Fed This Fall

[WSJ] Businesses Are Loading Up on Credit. Spending Could Follow.

[FT] ‘It has never been like this’: US house price spiral worries policymakers

[FT] Short sellers double bets against China Evergrande’s bonds

[FT] Archegos employees face losing up to $500m in deferred bonuses

[FT] US ‘moving forces’ to investigate suspected tanker seizure in Gulf

Tuesday Evening Links

[Yahoo/Bloomberg] Asia Stocks Eye Steady Open as Virus, China Weigh: Markets Wrap

[Reuters] S&P 500 closes at record high as Apple, healthcare stocks help shrug off Delta worries

[Yahoo/Bloomberg] Oil Sinks a Second Day With Delta’s Spread a Menace to Demand

[Reuters] Slow slog in U.S. Senate for $1 trillion infrastructure bill

[Yahoo/Bloomberg] Hedge Fund Alphadyne Loses $1.5 Billion in Rates Short Squeeze

[Reuters] U.S., Indonesia commit to South China Sea defense in 'strategic dialogue'

[WSJ] As SPAC Creators Get Rich, How Incentives Are Shared Remains Murky

[FT] Jump in mortgage borrowings fuels US house price boom

[FT] The terms of China’s massive loan spree

[FT] The era of start-up excess shows no sign of abating

Tuesday Afternoon Links

[Yahoo/Bloomberg] Stocks Rise as Earnings Offset Virus, Oil Concerns: Market Wrap

[Reuters] Oil extends losses in volatile trade as Delta variant angst spreads

[Yahoo/Bloomberg] Mortgage Boom Drives Biggest Jump in Household Debt Since 2013

[Reuters] Solid U.S. factory orders, business spending on equipment point to enduring manufacturing strength

[Reuters] U.S. SEC Chair Gensler calls on Congress to help rein in crypto 'Wild West'

[Reuters] Fed's Daly says labor market not tight, jobs recovery underway