Sunday, August 8, 2021

Monday's News Links

[Yahoo/Bloomberg] Stocks Slip; Commodities Drop on Stimulus, Virus: Markets Wrap

[Reuters] Dollar hits four-month high on euro as markets bet on earlier Fed taper

[Reuters] Oil slides 4% on China virus curbs and strong dollar

[Yahoo/Bloomberg] Gold Tumbles With Silver as ‘Panic’ Selling Grips Asian Open

[Yahoo/Bloomberg] Chinese Chipmakers Slump as Beijing Sends Speculation Warning

[AP] Infrastructure senators brush off criticism from left, right

[Yahoo Finance] Unemployment rate headed to a 50-year low: Goldman Sachs

[Yahoo/Bloomberg] China’s Economic Risks Build as Delta Cases Spread, Prices Gain

[Reuters] Wall Street investment banks cut China growth forecasts

[Reuters] China's July factory price growth quickens, adds to business cost pressures

[Reuters] U.N. sounds 'deafening' warning on climate change

[Reuters] California's second-largest wildfire grows to near 500,000 acres; 3 hurt

[Axios] U.S. facing another "dangerous" heat wave as 107 large wildfires rage across the West

[Bloomberg] Transcript: Dallas Fed President Rob Kaplan on the Economy and Monetary Policy Right Now

[Bloomberg] China’s Bonds Sell Off Most Since January on Inflation Surge

[NYT] Even Your Allergist Is Now Investing in Start-Ups

[WSJ] Rising Rents Pose Risks to the Fed’s Inflation Outlook

[WSJ] China’s Producer Prices Jump Despite Efforts to Cool Commodities Costs

[FT] ETFs set to overtake mutual funds as passive vehicle of choice

[FT] The risks of China’s African lending

Sunday Evening Links

[CNBC] Stock futures are flat after Dow closes at record Friday 

[Yahoo/Bloomberg] Stocks Seen Steady After U.S. Jobs Fuel Taper Talk: Markets Wrap

[AP] Late nights, early mornings await Senate on infrastructure

[Reuters] Dixie Fire, still raging, is now California's second-largest wildfire ever

[Bloomberg] Rising Inflation Could Crimp China’s Standout Bond Rally

Sunday's News Links

[Yahoo/Bloomberg] Fed’s Sanguine Inflation View Tested in New Data: Eco Week Ahead

[Reuters] U.S. Senate edges toward passage of $1 tln infrastructure bill

[Reuters] ECB must tighten policy if needed to counter inflation, Weidmann says

[Reuters] Explainer: Beyond Delta, scientists are watching new coronavirus variants

[WSJ] Cash Is Flooding Into Short-Term Markets Like Never 

[FT] Reflation trade losses pile up for hedge funds in July