Tuesday, May 10, 2022

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Drop, Two-Year Yield Jumps After Hot CPI: Markets Wrap

[Yahoo/Bloomberg] Chinese Stocks Climb as Falling Covid Cases Boost Sentiment

[Reuters] Oil rises as Russia gas flow to Europe falls, EU Russian oil ban looms

[Reuters] Dollar hovers near two-decade high before inflation gauge

[AP] US, Western Europe fret over uncertain Ukraine war endgame

[Reuters] Russia's Medvedev, Volodin lash out at U.S. aid to Ukraine

[Yahoo/Bloomberg] Ukraine Latest: ‘Hard Weeks’ Ahead as US Howitzers Are Deployed

[AP] US inflation hit 8.3% last month but slows from 40-year high

[Reuters] Average U.S. mortgage interest rate rises to 5.53%, applications up

[Reuters] Special Report: How Wall Street banks made a killing on SPAC craze

[Yahoo/Bloomberg] China Inflation Exceeds Forecasts as Lockdowns Roil Supplies

[Yahoo/Bloomberg] Developer Bonds Drop as Sunac Deadline Looms: Evergrande Update

[Reuters] China vehicle sales plunge 48% but EVs strong as BYD gains

[Reuters] Factbox: How PBOC might respond to China's weakening yuan

[Reuters] China calls WHO chief 'irresponsible' for saying zero-COVID strategy 'not sustainable'

[Yahoo/Bloomberg] Lagarde Joins ECB Officials Signaling July as Rate Liftoff

[Yahoo/Bloomberg] Europe Drafts $205 Billion Plan to Wean Itself Off Russian Fuels

[Reuters] China says warned U.S. warship as it transited Taiwan Strait

[Politico] First Black woman confirmed for Fed as central bank enters Biden era

[CNN] Sri Lanka protesters burn politicians' homes as country plunges further into chaos

[Bloomberg] China Risks 1.6 Million Deaths in Virus ‘Tsunami’ If Covid Zero Is Abandoned: Study

[NYT] Fed Confronts Why It May Have Acted Too Slowly on Inflation

[WSJ] Stocks Turmoil Spreads to Junk Bonds, Hurts Deals

[FT] Who will pay to put Ukraine back together again?

[FT] China early-stage fundraising slides to lowest level since 2009

[FT] Toyota warns of ‘unprecedented’ rise in raw material prices

Tuesday Evening Links

[Yahoo/Bloomberg] Stocks Bounce Back in Countdown to Key CPI Data: Markets Wrap

[Yahoo/Bloomberg] Oil Sheds Almost 10% in Two Days to Drop Below $100 a Barrel

[Yahoo/Bloomberg] Ukraine, Russia Gas Clash Escalates Threat to Europe’s Supply

[Yahoo/Bloomberg] Ukraine Latest: US ‘Actively Examining’ Russia Bond Carveout

[Yahoo/Bloomberg] Russia Trains Missiles on Ukraine’s Quiet Zone to Target Trade

[Yahoo Finance] Cleveland Fed President Loretta Mester speaks with Yahoo Finance 

[Yahoo Finance] Atlanta Fed President Raphael Bostic speaks with Yahoo Finance 

[AP] Drivers bemoan high gasoline prices with no relief in sight

[AP] Parents hunting for baby formula as shortage spans US

[Reuters] Mexico and Brazil leaders suggest they may snub Biden's Americas summit

[CNN] How China's Covid lockdowns are taking a toll on global companies

[Reuters] China rebukes U.S. for changing Taiwan wording on State Department website

[AP] In drought-ravaged California, water use is up dramatically

[Bloomberg] China’s Dollar-Bond Misery Is Set to Deepen With Fed Tightening

[NYT] Japan Has Long Sought More Inflation and a Weak Yen. But Not Like This.

[WSJ] The Mortgage Refi Boom Is Running Out

[WSJ] Xi Jinping Scrambles as China’s Economy Stumbles

[FT] Mortgages drive increase in US household debt to nearly $16tn

Tuesday Afternoon Links

[Reuters] Wall Street dips while treasury yields, oil prices drop

[Yahoo/Bloomberg] Oil Falls on Economy Concerns as EU Pushes for Russia Sanctions

[Yahoo/Bloomberg] Fed Officials Back Half-Point Hikes, Mester Open to Doing More

[Yahoo/Bloomberg] Credit-Market Clashes Are Getting Uglier, Dirtier and More Common

[Yahoo Finance] Supply chains: High stakes port labor negotiations begin on the West Coast

[Reuters] Ukraine pushes Russian troops back in counter-offensive near Kharkiv

[Yahoo/Bloomberg] Ukraine Latest: EU’s Oil Sanctions Hinge on Hungary’s Resistance

[Reuters] Russia downed satellite internet in Ukraine -Western officials

[Reuters] Belarus to deploy special forces to southern border near Ukraine

[Reuters] WHO chief says China's zero-COVID policy not 'sustainable'

[WSJ] China Currency Crisis May Get a Sequel

[FT] Putin preparing for ‘prolonged conflict’ in Ukraine, warns US

[FT] Bundesbank boss calls for July rate rise to tackle ‘disturbing’ inflation

[FT] Powering electric cars: the race to mine lithium in America’s backyard