Thursday, December 2, 2021

Friday's News Links

[Yahoo/Bloomberg] Tech Sells Off as Traders Weigh ‘Messy’ Jobs Data: Markets Wrap

[Reuters] Global stocks wobble as Didi delisting revives U.S.-China worries

[Reuters] Oil rises as OPEC+ poised to act if demand weakens

[CNBC] Job growth disappoints in November, with a gain of just 210,000, despite high hopes

[Reuters] U.S. Senate passes bill to avert government shutdown, sends to Biden for signature

[AP] Omicron coronavirus variant found in multiple US states

[Yahoo Finance] Retailers confront 'perfect storm' as thefts skyrocket, public safety breaks down

[Yahoo/Bloomberg] Kaisa Swap Rejected, Developer Bonds Slide: Evergrande Update

[Yahoo/Bloomberg] China Looks to Ease Monetary Policy to Help Smaller Firms

[Reuters] China's Kaisa starts talks with bondholders as default threat looms

[Yahoo/Bloomberg] Evergrande Says Formulating Restructuring Plan for Offshore Debt

[Reuters] China's Nov services activity expands at slower clip - Caixin PMI

[Reuters] Didi Global plans to delist from New York, seek listing in Hong Kong

[Reuters] Turkish inflation soars above 21% in challenge to Erdogan

[Yahoo/Bloomberg] Turkey Central Bank Resumes Interventions to Stem Lira Rout

[Yahoo/Bloomberg] Fitch Lowers Turkey Outlook to Negative on Rate Cuts, Lira Slide

[Reuters] EM flows tumble in November from year-ago record - IIF

[Yahoo/Bloomberg] Omicron Triggers Biggest Outflows From European Stocks in More Than a Year

[Yahoo/Bloomberg] Canada’s Economy Cranks Out 154,000 Jobs, Quadruple Expectations

[Reuters] Large scale Russian offensive possible in January, Ukraine says

[Bloomberg] Drought Has Gripped Every Inch of California for Almost 7 Months

[WSJ] Randal Quarles Says Fed Will Need to Raise Rates to Cool Inflation

[FT] Omicron threatens to stoke US inflation, warns top Fed official

[FT] Christine Lagarde says EU inflation a passing ‘hump’ and 2022 rate rise ‘very unlikely’

Thursday Evening Links

[CNBC] Stock futures rise ahead of November jobs report as omicron concerns loom

[Reuters] Wall Street ends higher in robust rebound from Omicron-driven sell-off

[Yahoo/Bloomberg] Dip Buyers Resurface in Dizzying Week for Stocks: Markets Wrap

[Reuters] Dollar gains, shares rise as Omicron fears subside

[CNBC] New York officials confirm 5 cases of omicron Covid variant across state

[NBC] NY COVID Cases Top 11K for 1st Time Since January as 2nd US Omicron Case Is Linked to Manhattan

[CBS] Illinois Reports Most New COVID-19 Cases In More Than A Year, As Testing Hits All-Time High

[Yahoo/Bloomberg] Yellen Says It’s Fed’s Job to Avoid Any Wage-Price Spiral

[BBC] Covid: South Africa new cases surge as Omicron spreads

[FT] Olaf Scholz eyes Joachim Nagel to run Germany’s Bundesbank

Thursday Afternoon Links

[Yahoo/Bloomberg] Dip Buying Fuels Stock Gains After Two-Day Selloff: Markets Wrap 

[Yahoo/Bloomberg] Oil Swings as OPEC+ Leaves Door Open for Quick Change of Plans

[Yahoo/Bloomberg] Bond Traders Cut Inflation Outlook by Most Since Early Pandemic

[Yahoo/Bloomberg] NYC Convention Visitor From Minnesota Tests Positive for Omicron

[Reuters] Labor market tightening; layoffs lowest in nearly 30 years

[BBC] Omicron: WHO warns of 'high infection risk' around globe

[Reuters] Omicron could cause 'significant problems' for global economy, Yellen says

[Reuters] Omicron may become dominant in Europe in months -EU

[Reuters] Turkey cenbank signals new-year rates pause after lira slump

[Reuters] U.S. has rock solid commitment to help Taiwan defend itself -official

[Bloomberg] Omicron Set for ‘Strongest’ Transmission in South Africa

[Bloomberg] U.S. Worker Shortage Not Likely to Ease Soon, Survey Shows

[WSJ] Scientists Studying Omicron in South Africa See Rise in Covid-19 Reinfections