Tuesday, May 3, 2022

Tuesday Evening Link

[Reuters] New EU sanctions to hit Russian oil, target more banks

[Yahoo/Bloomberg] Ukraine Latest: Kremlin Says Putin and Macron Discussed Mariupol

[Yahoo/Bloomberg] Russia Seeks to Annex Occupied Ukraine as Invasion Goals Shift

[Yahoo/Bloomberg] Dizzying Pre-Fed Day Ends With Gains for Stocks: Markets Wrap

[Yahoo/Bloomberg] Natural Gas Hits 13-Year High in U.S. on Growing Supply Jitters as Demand Soars

[Yahoo/Bloomberg] Oil Drops as China Lockdowns Overshadow Russian Output Risk

[Reuters] Wall Street sees greater risk of default by major banks

[Yahoo/Bloomberg] Fed Traders Seek an Answer to the 75-Basis-Point Question

[Reuters] Record high U.S. job openings, resignations likely to fuel wage inflation

[Yahoo/Bloomberg] OPEC Fails to Increase Output Amid Capacity Troubles

[CNN] Omicron subvariants: New, fitter Covid-19 viruses begin to drive their own waves

[MSN/WP] As drought crisis deepens, government will release less water from Colorado River reservoir

[WSJ] Biden Officials Divided Over Easing China Tariffs to Slow Inflation

[FT] China’s independent refiners start buying Russian oil at steep discounts

Tuesday Afternoon Links

[AP] Ukrainian fighters: Russian forces storming Mariupol plant

[Reuters] Russia unleashes rockets at steel plant, some evacuees reach safety

[Reuters] Hungary will not support sanctions on Russian oil and gas shipments, foreign minister says

[Reuters] Stocks rise, U.S. yields slip as markets await Fed rate hike

[Reuters] Inflation and war risks to buoy gold in short term

[Reuters] U.S. job openings, resignations hit record highs in March

[Reuters] Rise in U.S. factory orders beats expectations in March

[Yahoo/Bloomberg] Russia Dodges Default for Now as Investors Get Dollar Funds

[Yahoo/Bloomberg] U.S. Monthly Oil Shipments to Europe Climb to Highest Since 2016

[Yahoo/Bloomberg] Tiger Global’s Hedge Fund Posts 15% Monthly Drop, Pushing Year’s Loss to 44%

[Yahoo/Bloomberg] Citi’s Painful Flash Crash Highlights Risks From Algo Trades

[Bloomberg] Natural Gas Hits 13-Year High in U.S. on Growing Supply Jitters as Demand Soars

[FT] Record 4.5mn US workers quit jobs in March as labour market tightens