Sunday, June 26, 2022

Monday's News Links

[Yahoo/Bloomberg] Global Stocks Extend Gains; Treasuries Slip: Markets Wrap

[Reuters] Oil prices edge higher ahead of G7 talks on new Russian sanctions

[Yahoo/Bloomberg] Metals Rebound From Their Worst Week in a Year on China Optimism

[Reuters] Russia Defaults on Foreign Debt for First Time Since 1918

[Yahoo/Bloomberg] G-7 Latest: UK Says Ukraine Freedom Is Worth the Inflation Price

[CNBC] Crypto hedge fund at center of crisis faces risk of default as deadline to repay $670 million nears

[Reuters] 'Off the charts' chemical shortages hit U.S. farms

[Yahoo/Bloomberg] ECB’s Pivot Toward Rate Hikes Feeds Fears of New Bond Crisis

[Yahoo/Bloomberg] France’s Public Finances Are at ‘Alert Level,’ Le Maire Says

[Yahoo/Bloomberg] Britain’s Battered Economy Is Sliding Toward a Breaking Point

[Yahoo/Bloomberg] China’s Economy Improves in June From Lockdown-Induced Slump

[Reuters] Analysis: Food export bans, from India to Argentina, risk fueling inflation

[Yahoo/Bloomberg] Goldman Sees Emerging-Asia Currencies Coming Under More Pressure

[Yahoo/Bloomberg] Extreme Heat Stretches Japan’s Power Grid to Near Its Limits

[Bloomberg] A $2 Trillion Free-Fall Rattles Crypto to the Core

[Bloomberg] Central Banks Have Narrow Path to Soft Landing, BIS Chief Says

[WSJ] Rising Rates, Tech Pullback Pummel Convertible Bonds

[FT] Russia set for first debt default since 1998 as payment deadline passes

[FT] Covid in China: Xi’s fraying relationship with the middle class

[FT] Rise of ETFs ‘destabilising’ emerging markets

[FT] Nato set to bolster defence of Baltics against Russian threat

[FT] Hedge funds braced for further stock market turmoil

Sunday Evening Links

[Reuters] Russia steps up missile strikes on Ukraine as G7 leaders gather

[Reuters] G7 nations are worried about global economic crisis, Scholz says

[Reuters] G7 aims to raise $600 billion to counter China's Belt and Road

[AP] Explainer: What’s the impact of a Russian debt default?

[WSJ] Pension Funds Plunge Into Riskier Bets—Just as Markets Are Struggling

Sunday's News Links

[Yahoo/Bloomberg] Powell Shares His Troubles With Lagarde and Bailey: Eco Week

[Yahoo/Bloomberg] Lagarde’s Moment of ECB Crisis Reckoning, in a London Basement

[Yahoo/Bloomberg] Russia Is Hours Away From Its First Foreign Default in a Century

[Reuters] Biden says G7 must stick together as gold sanctions target Putin's 'war machine'

[Reuters] Russian missiles rock central Kyiv as G7 leaders gather in Europe

[Reuters] Russia slides towards default as payment deadline expires

[Reuters] G7 to announce ban on import of new Russian gold on Tuesday, U.S. official says

[Yahoo/Bloomberg] G-7 Negotiators Put Russia Oil Price Cap on Agenda for Leaders

[Yahoo/Bloomberg] US Layoffs, Hiring Freezes Are Tip of Labor Market Slowdown

[Yahoo/Bloomberg] Goldman Says Signs Are Here of Belt-Tightening Impact to Profits

[MSN/SacBee] Unaffordable: California home prices break yet another record. How do we compare to US?

[WSJ] G-7 Summit Brings Together Leaders Weakened by Inflation, Impatience at Home

[FT] G7 aims to hurt Russia with price cap on oil exports

[FT] Leading economies at risk of falling into high-inflation trap, BIS says