Tuesday, November 30, 2021

Wednesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Gain; Bond Yields Rise: Markets Wrap

[Reuters] Dollar steadies, risk currencies recover from Omicron-driven drop

[Reuters] Oil prices rally ahead of OPEC meeting despite Omicron concerns

[Reuters] Turkish lira seesaws as cenbank intervenes, Erdogan speaks

[CNBC] Private payrolls post better-than-expected growth of 534,000 in November, ADP says

[CNBC] Mortgage refinance demand plunged 15% last week, but could now reverse

[Yahoo/Bloomberg] Jerome Powell Ditches ‘Transitory’ Tag, Paves Way for Rate Hike

[Reuters] U.S. tightens COVID-19 travel rules as countries race to quell Omicron threat

[Yahoo/Bloomberg] Broken Supply Chains Threaten Ruin at a Growing Number of Small Firms

[Yahoo/Bloomberg] Omicron Reaches Nations From U.K. to Brazil in Widening Spread

[Reuters] Factories facing supply headaches as Omicron risks emerge

[Yahoo/Bloomberg] High-Yield Bonds Fall as Home Sales Slump: Evergrande Update

[Reuters] China's Nov factory activity slips back into contraction - Caixin PMI

[Reuters] China's property woes worsen as home prices slip in November-survey

[Yahoo/Bloomberg] Lira Crash Spurs First Central Bank Intervention Since 2014

[Yahoo/Bloomberg] A New Commodity Squeeze Could Soon Rival Lumber’s Recent Historic Shortage

[Reuters] Ukraine urges NATO to be ready with sanctions in case of Russian invasion

[Reuters] Former PM Abe says Japan, U.S. could not stand by if China attacked Taiwan

[Bloomberg] Dudley: The Federal Reserve Needs to Act on Powell’s Words

[Bloomberg] Omicron Spread Widens; Germany, Poland Cases Climb: Virus Update

[Bloomberg] Could Taiwan Be the Next Crisis That Delays Your Retirement?

[Bloomberg] Abe Warns China a Taiwan Invasion Would Be ‘Economic Suicide’

[WSJ] Global Inflation Set to Be Higher for Longer, Says OECD

[WSJ] Omicron Variant Sends Policy Makers Scrambling as Science Lags Behind

[FT] US junk bonds hit by sharpest sell-off in over a year

[FT] Omicron threatens to intensify supply shortages and inflation, OECD warns

[FT] Japan’s former PM warns China invading Taiwan would be an ‘emergency’ for Tokyo

Tuesday Evening Links

[Reuters] Stocks, oil slide as Omicron worries push investors to safe havens

[Reuters] Turkish lira hits 14 to USD in face of Erdogan's 'dangerous experiment'

[Yahoo/Bloomberg] Oil Sinks More Than 5% as Powell Signals Faster End to Tapering

[Yahoo/Bloomberg] Waves of Volatility Whipsaw Markets on Powell Tilt, Omicron Risk

[Yahoo/Bloomberg] Hawkish Powell Is a Force Markets Haven’t Faced in Three Years

[Reuters] Powell places faster bond-buying taper on Fed's Christmas table

[Yahoo/Bloomberg] Traders Are Grappling With a Whole New World of Bond Volatility

[Reuters] Fed's Clarida says high inflation seen this year is 'not a success'

[Yahoo/Bloomberg] Erdogan Says Turkish Interest Rates Will Fall ‘Markedly’ Until Elections

[Yahoo/Bloomberg] China’s Developers Face $12 Billion in Trust Payments This Month

[AP] Brazil and Japan report first cases of the omicron variant

[Reuters] U.S. in hypersonic weapon 'arms race' with China -Air Force secretary

[FT] Omicron variant and Fed chief deliver one-two punch to stocks

Tuesday Afternoon Links

[Yahoo/Bloomberg] Stocks Drop, Bond Curve Flattens on Powell’s Tone: Markets Wrap 

[Yahoo/Bloomberg] Oil Slides as Omicron Variant Sows Fears Over Demand

[Yahoo/Bloomberg] Powell Weighs Earlier End to Bond Tapering Amid Hot Inflation

[Yahoo/Bloomberg] Traders Amp Up Fed Hike Bets on Powell, Driving Yield Curve Flatter

[Yahoo/Bloomberg] U.S. Consumer Confidence Fell to a Nine-Month Low in November

[Reuters] Putin hits back as NATO warns Moscow against attacking Ukraine

[WSJ] Powell Warns Elevated Inflation Justifies Faster Reduction of Bond Purchases

[FT] Powell signals support for quicker ‘taper’ of Fed’s bond buying scheme

[FT] Record eurozone inflation of 4.9% puts pressure on ECB