Wednesday, August 11, 2021

Thursday's News Links

[Yahoo/Bloomberg] Copper Gains on Strike Threat; U.S. Stocks Steady: Markets Wrap

[Reuters] Asian shares fall as Delta fears eclipse Wall Street uptick

[Yahoo/Bloomberg] Oil Steady While Traders Weigh Impact of Delta Variant on Demand

[AP] Wholesale prices jump 1% in July, matching June increase

[Yahoo/Bloomberg] Home Prices in the U.S. Soar 23%, the Fastest Rate on Record

[Reuters] U.S. jobless claims fall as labor market recovery continues

[Reuters] Fed framework gives rise to mash-up of views, averaging strategies

[Yahoo/Bloomberg] China Signals Its Regulatory Crackdown Will Go On for Years

[Yahoo/Bloomberg] Evergrande Gets Loan Extensions From Several Major Creditors

[Yahoo/Bloomberg] China’s Summer of Stock Market Turbulence: A Timeline

[Yahoo/Bloomberg] China Huarong’s Journey From Safe Bet to Bad News: A Timeline

[Yahoo/Bloomberg] China Halts Approvals for New Residential Real Estate Funds

[Reuters] Japan wholesale inflation hits 13-year high as import costs rise

[Reuters] California wildfire wreaks more destruction as temperatures rise

[Yahoo/Bloomberg] Crypto Market’s Climb Back Toward $2 Trillion Faces U.S. Hurdle

[NYT] Your Daily Coffee Habit is About to Get More Expensive

[WSJ] Inflation Punishes the Unprotected

[WSJ] Global ETF Assets Hit $9 Trillion

[WSJ] Executive Stock Sales Are Under Scrutiny. Here’s What Regulators Are Interested In.

[WSJ] Frackers, Shippers Eye Natural-Gas Leaks as Climate Change Concerns Mount

[FT] Tapering of asset purchases could start as soon as this year, says Fed’s Daly

[FT] China unveils five-year plan to strengthen control of economy

Wednesday Evening Links

[Yahoo/Bloomberg] Asia Eyes Steady Start Amid Taper Debate; Bonds Up: Markets Wrap

[Reuters] Fed officials grapple over timeline for tapering asset purchases

[Reuters] Biden says he trusts Fed to take action on inflation if needed

[Yahoo/Bloomberg] Liquidity Is Evaporating Even Before the Fed Taper Hits Markets

[Yahoo/Bloomberg] Uruguay Lifts Key Rate to 5% With Inflation Above Target

[Bloomberg] El-Erian: CPI Report Can’t Settle the Big Inflation Debate

[NYT] Consumer Prices Keep Climbing as Fed and White House Await a Cool-Down

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks, Bonds Rise as Taper Debate Takes Spotlight: Markets Wrap

[Reuters] Gold rises as U.S. inflation readings cool early Fed taper bets

[Reuters] U.S. yields slide after strong auction, inflation data

[AP] More red ink: US budget deficit through July hit $2.54T

[Reuters] U.S. July budget deficit hits $302 billion as spending remains high

[Reuters] Democratic divisions emerge on Senate's $3.5 trln spending plan

[Yahoo/Bloomberg] George Says Time Has Come to Dial Back Fed Monetary Stimulus

[CNBC] Labor shortage gives retail and restaurant workers the upper hand—for now

[CNBC] Florida hospitals are overrun as state fights one of the worst Covid outbreaks in the U.S.

[AP] Huge California fire grows; Montana blaze threatens towns

[AP] Severe drought devastates Washington state’s wheat crop

[WSJ] Inflation Stayed High in July as Economy Rebounded