Thursday, May 5, 2022

Friday's News Links

[NBC] U.S. intel helped Ukraine sink Russian flagship Moskva, officials say

[Yahoo/Bloomberg] Stocks Fall, Bond Yields Climb After Jobs Data: Markets Wrap

[Yahoo/Bloomberg] China Tech Stocks Face Renewed Selling as Growth Worries Mount

[Yahoo/Bloomberg] Offshore Yuan Slides Past 6.7 Per Dollar on Greenback Strength

[Yahoo/Bloomberg] European Bond Markets Slowly Splinter as End to Stimulus Nears

[AP] US added 428,000 jobs in April despite surging inflation

[Reuters] Global bond funds post massive outflows in the week to May 4

[Yahoo/Bloomberg] China Danger Strikes Fear Into Global Investors Stumbling on Fed

[Reuters] In more ways than one, Fed's Powell showed his strategy this week

[Reuters] Analysis: Banks face reversal of fortune from war and runaway inflation

[Yahoo/Bloomberg] Bird Flu Outbreak Nears Worst Ever in U.S. With 37 Million Dead

[Reuters] Spike in corporate hedging weighs on slumping yuan

[CNBC] China’s Xi urges officials to ‘resolutely fight’ those who question zero-Covid policy

[Reuters] As Beijing outbreak persists, China hits back at 'zero COVID' doubters

[Yahoo/Bloomberg] Developer Stocks Drop as Growth Concerns Rise: Evergrande Update

[Reuters] Chinese, Russian cenbanks to discuss use of national payment systems

[Yahoo/Bloomberg] Russia Hit Nears $10 Billion for European Banks Pulling Back

[Reuters] Taiwan jets scramble as China air force enters air defence zone

[Reuters] Beijing accuses Japan of hyping China threat

[Reuters] 'How did we catch it?': spread of COVID baffles locked-down Shanghai residents

[Yahoo/Bloomberg] China Orders Government, State Firms to Dump Foreign PCs

[Yahoo/Bloomberg] Fastest Tokyo Inflation in Decades Complicates BOJ’s Messaging

[Bloomberg] Dollar Dominance Crushes Asian Currencies as Bond Yields Surge

[Bloomberg] Assets Without Buyers Foreshadow More Pain for Chinese Builders

[WSJ] Omicron’s Trajectory Shows Challenge of Maintaining Immune Defenses

[FT] US homebuyers stretch finances to beat rising rates in hot market

[FT] ECB doves put to flight as interest rates set to rise in July

[FT] BoE faces its biggest inflation challenge since independence

[FT] How the west became less anxious about Russia’s nuclear threat

Thursday Evening Links

[CNBC] Stock futures are little changed after Dow’s worst day since 2020

[Reuters] Wall Street tumbles as investors fret over bigger Fed rate hikes

[Yahoo/Bloomberg] Treasuries Hammered Ahead of Jobs Report as Market Doubts Powell

[Yahoo/Bloomberg] ‘Scared Like Everybody Else’: Stocks Go From Shaky to Unhinged

[Yahoo/Bloomberg] Bitcoin Plunges the Most Since January; Altcoins Extend Losses

[Yahoo/Bloomberg] Oil Ends at Near 3-Week High as Market Supply Worries Resume

[Yahoo/Bloomberg] Hard Winter Wheat Rises Most in Seven Weeks on Supply Fears

[Yahoo/Bloomberg] Biden Administration Lays Out Plans to Refill Oil Reserve

[WSJ] Bond Slide Intensifies, Rattling Other Markets

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Tumble as Traders Fret About Fed’s Quagmire: Markets Wrap

[Yahoo/Bloomberg] U.S. Yields Surge as Angst Over Fed Policy Hammers Treasuries

[Reuters] Wall St slumps as bets of big rate hikes grow despite Fed view

[Yahoo/Bloomberg] Bitcoin Drops the Most in Almost a Month as Fed Optimism Fades

[Yahoo/Bloomberg] Wheat Climbs as Damaged U.S. and Indian Crops Threaten Supplies

[Yahoo/Bloomberg] Vicious Stock Reversal Is Symptom of the Fed’s Feedback Problem

[Bloomberg] Covid Positivity Rate Jumps to Four-Month High in South Africa

[WSJ] Mortgage Rates Hit 5.27%, Highest Level Since 2009

[FT] Tett: The Fed owes the American people some plain-speaking

[FT] ‘Resolute’ Ukraine response vital to deter China on Taiwan, Japan PM says

[FT] German and French factories hit by Ukraine war and China lockdowns