Wednesday, August 4, 2021

Thursday's News Links

[Yahoo/Bloomberg] Stocks Drift Higher Before Jobs Data; Dollar Dips: Markets Wrap

[Reuters] Investors in China wary as alcohol and e-cigarettes stocks become latest casualties

[Reuters] Oil prices rise on Mideast tensions; crude stock build caps gains

[AP] US trade deficit hits record $75.7 billion in June

[Yahoo/Bloomberg] U.S. Initial Unemployment Claims Decline for a Second Week

[Reuters] Analysis: Democrats see chance to reset Wall St. oversight when top Fed official steps down

[AP] Worst-Case Scenario: Firms wrestle with supply bottlenecks

[Reuters] Analysis: Stagflation? Recession? Bond market messages puzzle investors

[Reuters] China-U.S. container shipping rates sail past $20,000 to record

[Reuters] U.S. COVID-19 cases hit six-month high at over 100,000 

[Reuters] Thousands evacuate fast-moving California wildfire; homes burn

[Yahoo/Bloomberg] China Typhoons Pose Latest Supply-Chain Threat as Ports Shut

[Yahoo/Bloomberg] BOE Warns Tightening to Be Needed as Inflation Seen Spiking

[Yahoo/Bloomberg] Brazil Pledges to End Monetary Stimulus With Steeper Rate Hikes

[Yahoo/Bloomberg] Czechs Lift Rates Again as Focus Moves to Plans for More Hikes

[Yahoo/Bloomberg] China Imposes Restrictions as Delta Reaches Nearly Half the Country

[Yahoo/Bloomberg] Delta variant challenges China’s costly lockdown strategy

[AP] Israeli defense minister threatens Iran with military action

[WSJ] SEC Chief Gary Gensler Braces for Clash With Crypto Traders

[FT] Bond rally pushes global stock of negative-yielding debt above $16tn

[FT] Hedge funds betting on bond market anomalies hit $1tn in assets mark

[FT] Shipping costs are still surging at breakneck speed

[FT] China flexes nuclear muscle to burnish its big power credentials

[FT] Fires and floods: can science link extreme weather to climate change?

Wednesday Evening Links

[Yahoo/Bloomberg] Asian Stocks Eye Steady Start as Traders Mull Fed: Markets Wrap

[CNBC] Stock futures are flat as investors await more jobs data

[Reuters] Wall Street closes mixed, S&P 500 ends off record high

[Reuters] Key Fed official sees rates liftoff in 2023 as policy debate heats up

[Yahoo/Bloomberg] Infections Top 200 Million; WHO Seeks Booster Halt: Virus Update

[Yahoo/Bloomberg] Brazil Hikes Rates by 100 Basis Points, Pledges More to Come

[CNN] Biden administration proposes $750 million arms sale to Taiwan in a move likely to anger Beijing

Wednesday Afternoon Links

[Yahoo/Bloomberg] U.S. Stocks Fall on Clarida Comments, Jobs Miss: Markets Wrap

[Yahoo/Bloomberg] Oil Drops for Third Day as China Delta Outbreak Threatens Demand

[Reuters] Dollar swings with yields in markets nervous ahead of jobs data

[Yahoo/Bloomberg] Clarida Sees 2021 Taper Announcement, 2023 Fed Rate Liftoff

[Yahoo/Bloomberg] U.S. Service Industries Expanded at a Record Pace in July

[Reuters] Fed's Clarida supports interest rates liftoff in 2023

[Reuters] U.S. services sector growth accelerates despite supply constraints

[Bloomberg] Warren Praises Brainard, Slams Powell Ahead of Biden Fed Pick

[Bloomberg] Brazil’s IPO Market Hits Record, Leaving 2007 Bonanza Behind