Monday, June 27, 2022

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Climb With Cyclicals Leading the Charge: Markets Wrap

[Reuters] Stocks, oil higher as China relaxes quarantine rules

[Dow Jones] Bond yields edge up ahead of consumer confidence report

[Reuters] Oil extends gains as major producers flag capacity limits

[AP] G-7 leaders end summit pledging to hurt Russia economically

[Reuters] G7 agrees to explore cap on Russian oil price - communique

[Yahoo/Bloomberg] Fed’s Williams Sees 50 or 75 Basis-Point Rate Hike Debated in July

[CNBC] Home price increases slowed in April for the first time in months, S&P Case-Shiller says

[Yahoo/Bloomberg] US IPOs Can’t Shake 2022 Slump After Thriving Through Pandemic

[Dow Jones] M&A drivers tap the brakes on private deals as economy flashes yellow

[Yahoo/Bloomberg] Hottest US Housing Markets Now Have Bigger Share of Price Cuts

[Reuters] ECB to drain cash in offset to new yield-capping scheme, sources say

[Yahoo/Bloomberg] ECB to Activate First Line of Defense in Bond Market on Friday

[Yahoo/Bloomberg] Lagarde Vows Nimble ECB Policy as July Hike Plan Proceeds

[AP] Europe’s central bank ready to ‘stamp out’ surging inflation

[Reuters] ECB will keep countries on straight and narrow even if it buys their debt - Lagarde

[Yahoo/Bloomberg] Ukraine Latest: At Least 18 Dead After Missile Strike on Mall

[Reuters] 'It was hell', survivors say of Russian missile strike on busy mall in Ukraine

[USNWR] Pentagon Blasts Putin’s ‘Cavalier’ Nuclear Saber-Rattling as Russia Seeks New Advantages in Ukraine

[Yahoo/Bloomberg] PBOC Signals Stimulus to Prioritize Credit Growth Over Rate Cuts

[Yahoo/Bloomberg] ECB’s Visco Isn’t Currently Exiting as Draghi Plan Rumors Swirl

[Reuters] China slashes COVID quarantine time for international travellers

[Reuters] China's heatwaves drive power consumption to record highs

[Yahoo/Bloomberg] World Bank’s Reinhart Sees More Debt Distress Risks

[Yahoo/Bloomberg] Recession Woes Hand Emerging Stocks Worst First Half Since 1998

[Reuters] Global crop problems point to years of high food prices

[Bloomberg] US Supply-Chain Jams Take New Life With Rail, Warehouse Squeeze

[Bloomberg] US Profit Margin Estimates Are Too Optimistic, Goldman Strategists Say

[Bloomberg] BOJ’s Attack on Speculators Leads to Futures Liquidity Drying Up

[Bloomberg] The Big Japan Short Is Back for Traders Betting Against the BOJ

[Bloomberg] Central Banks in Asia Spend Billions to Slow Currency Declines

[Bloomberg] China’s ‘Perfect Plan’ to Revive Home Market Draws Skeptics

[WSJ] G-7 Meeting Concludes With Focus on China

[WSJ] China Is Updating Its Formula for Building Itself Out of a Slump

[WSJ] The Dollar’s Exchange Rate Is Hurting Emerging-Markets Currencies

[FT] Lagarde hardens ECB’s message on fighting inflation

[FT] A stronger dollar might hit emerging economies harder this cycle

[FT] Crisis looms if the ECB’s new tool comes up short

[FT] Nato to confront China risk alongside Russia threat at leaders’ summit

Monday Evening Links

[CNBC] Stock index futures inch higher following a losing day Monday

[Yahoo/Bloomberg] Stock Rally Cools in Asia as Crude Pushes Higher: Markets Wrap

[Reuters] Macron tells Biden that UAE, Saudi can barely raise oil output

[Reuters] Missiles strike Ukraine shopping mall; G7 vows to keep pressure on Russia

[Yahoo/Bloomberg] Ukraine Latest: G-7 Says ‘Abominable’ Mall Attack Is a War Crime

[Reuters] Russia's Medvedev says any NATO encroachment on Crimea could lead to World War Three

[Yahoo/Bloomberg] The Big Japan Short Is Back for Traders Betting Against the BOJ

[Reuters] Bitcoin miners sell their holdings amid crypto winter's chill

Monday Afternoon Links

[Yahoo/Bloomberg] Stocks on Shaky Ground With Quarterly Rebalancing: Markets Wrap

[Reuters] Growth stocks drag Nasdaq lower, energy shares bounce 

[Reuters] U.S. eyes Biden, Xi meeting in next weeks, sees growing convergence on China

[AP] Oil price cap could strike Russia’s war chest — if enforced

[Reuters] Explainer: Faced with Russia default, bondholders brace for legal maze

[Reuters] U.S. manufacturing shows resilience despite rising interest rates

[Reuters] 'Systemic challenge' or worse? NATO members wrangle over how to treat China

[WSJ] Larry Summers Nailed Inflation. But Is He Right on What Comes Next?