Monday, May 30, 2022

Tuesday's News Links

[Yahoo/Bloomberg] Bonds Fall, Stocks Waver as Inflation Fears Mount: Markets Wrap 

[Yahoo/Bloomberg] Treasuries Slide as Inflation Fears Eat Away at May Rally

[CNBC] Oil prices jump after EU leaders agree to ban most Russian crude imports

[Yahoo/Bloomberg] Oil Market Strains Emerge as Europe, Asia Battle for Barrels

[Reuters] Analysis: Treasury market faces liquidity risks as Fed pares balance sheet

[Yahoo/Bloomberg] Yuan-Ruble Trading Surges as America’s Rivals Rebuff Dollar

[CNBC] Home prices surged over 20% in March as interest rates also rose, according to S&P Case-Shiller

[Reuters] U.S. wheat crop hit by dry winter then soggy spring, adding to global tightness

[Reuters] EU agrees Russian oil sanctions, gives Hungary exemptions

[Yahoo/Bloomberg] Ukraine Latest: EU Backs Partial Russian Oil Ban, Crude Gains

[Reuters] Russia widens Europe gas cuts as Gazprom halts Dutch trader's supply

[Reuters] China announces detailed stimulus measures to support virus-hit economy

[Yahoo/Bloomberg] Shanghai Takes Biggest Steps Toward Reopening in Two Months

[Reuters] China's factory activity decline slows as COVID curbs ease

[CNBC] China faces a nearly $1 trillion funding gap. It will need more debt to fill it.

[Yahoo/Bloomberg] Chinese Banks Overflow With Cash That Nobody Wants to Borrow

[Yahoo/Bloomberg] US Rivals Shunning Dollar Lifts Yuan-Ruble Trading by 1,067%

[Yahoo/Bloomberg] Eurozone inflation hits record 8.1% amid rising energy costs

[Reuters] French economy shrank in first quarter as inflation unnerves consumers

[Reuters] Tsai says U.S. National Guard planning 'cooperation' with Taiwan military

[Bloomberg] Biden to Meet Powell to Discuss Economy as Inflation Bites

[Bloomberg] China Stocks See Record $2.2 Billion Foreign Outflows This Year

[WSJ] Summer Worker Shortage Means Things Will Be Closed. Again.

[WSJ] Fed Fears Hit Mortgage Bonds, Attracting Investors

[WSJ] Bombed Bridges, Closed Ports Keep Ukrainian Grain From a World That Needs It

[WSJ] EU’s Ban on Russian Oil Adds Stress to Region’s Economies

[FT] Senior Fed official calls for higher rates that start to stunt US economy 

[FT] Deglobalisation is boosting foreign exchange volatility

Monday Evening Links

[Yahoo/Bloomberg] Stocks Trim Gains as Inflation Concerns Increase: Markets Wrap

[Yahoo/Bloomberg] Brent Crude Hits $120 as China Eases Curbs, EU Eyes Russia Ban

[Yahoo/Bloomberg] Fed’s Waller Backs Half-Point Rate Hikes at ‘Several’ Meetings

[Reuters] Fed's Waller: If inflation doesn't go away, we need to raise rates a lot higher

[Yahoo/Bloomberg] Ukraine Latest: Biden Says No to Rockets That Could Hit Russia

[Yahoo Finance] Supply chains: 'This pandemic is not over,' Citi exec explains

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