Monday, July 4, 2022

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Extend Losses Amid Recession Worries: Markets Wrap

[Reuters] Euro slides to two-decade low as recession fears mount

[Yahoo/Bloomberg] Saudis Raise Oil Prices to Near Record as Demand Seen Robust

[Reuters] Bank of England tells lenders to brace for economic storm

[Yahoo/Bloomberg] Morgan Stanley Says US Growth Slowdown Worse Than Expected

[Yahoo/Bloomberg] Ukraine Latest: NATO Begins Expansion Process Amid Turkey Threat

[MSN/WSJ] NATO Advances Sweden, Finland Toward Membership as Fighting Rages in Eastern Ukraine

[Reuters] Russia's Medvedev says oil could top $300-$400 if Japan's price cap idea implemented

[Reuters] Japan's service sector activity grows at fastest rate in over 8 years - PMI

[MSN/Bloomberg] China’s Covid Outbreak Flares, Fueling Fears of Wider Spread

[Reuters] China's Shanghai announces two new rounds of mass COVID testing

[Yahoo/Bloomberg] Shimao Creditors Get Organized After $1 Billion Bond Default

[Yahoo/Bloomberg] China’s Reprieve From Global Inflation Threatened by Pork

[MSN/Bloomberg] Scholz Says Germany Needs to Act to Tackle Historic Inflation

[Yahoo/Bloomberg] Germany Faces Limited Options If Nord Stream Flows Don’t Return

[Yahoo/Bloomberg] RBA Raises Interest Rates in Quickest Tightening on Record

[Yahoo/Bloomberg] New Zealand House Prices Drop The Most in 13 Years as Rates Rise

[Reuters] U.S. envoy: Iran adds demands in nuclear talks, makes alarming progress on enrichment

[Reuters] Zimbabwe to introduce gold coins as local currency tumbles

[Bloomberg] Natural Gas Soars 700%, Becoming Driving Force in the New Cold War

[Bloomberg] ‘God, Hwang and Archegos’: Insider Details of Collapsed Firm Revealed in Lawsuit

[WSJ] Why Consumers’ Inflation Psychology Is Stoking Anxiety at the Fed

[WSJ] Americans Tap Pandemic Savings to Cope With Inflation

[WSJ] Venture Capital Feels the Stock Market’s Pain

[WSJ] ‘Doom Loop’ Fears Are Putting Italian Banks to the Test

[WSJ] Italy Faces Worst Drought in Decades as Europe Feels the Heat

[WSJ] Accelerating Inflation in Asia Puts Pressure on Central Banks to Raise Rates

[FT] Bundesbank boss warns against ‘fatal’ assumptions in ECB crisis tool

[FT] My garlic for a home: China struggles to revive property sector

Monday Evening Links

[Yahoo/Bloomberg] US Futures Advance Amid China Tariff Speculation: Markets Wrap 

[Reuters] Zelenskiy says Ukrainian forces undeterred; Russia hails Luhansk victory

[Reuters] Argentina's new economy chief sworn in, tries to calm nervous markets

[Yahoo/Bloomberg] Energy Crisis Slams Japan as Weak Yen Sends Import Costs Surging

[Reuters] S.Korea June inflation hits near 24-yr high, fan larger rate hike chances

[Reuters] Australia floods worsen as thousands more Sydney residents evacuate

Monday Afternoon Links

[CNBC] European markets close higher as oil and gas stocks lead gains; Uniper shares fall 27%

[Yahoo/Bloomberg] Oil Gains as Traders Grapple With Tight Supplies, Demand Cuts

[CNBC] Another crypto lender Vauld pauses withdrawals as market crash takes its toll

[Yahoo/Bloomberg] European Gas Extends Blistering Rally as Supply Woes Deepen

[Yahoo/Bloomberg] Biden Close to Rollback of Chinese Tariffs to Fight Inflation

[Yahoo/Bloomberg] Lagarde’s Task Toughens as Nagel Fires Salvo on ECB Crisis Tool

[AP] Add rent to the rising costs bedeviling small businesses

[Reuters] Argentina black market peso crashes as new economy chief takes reins

[Reuters] Canadian inflation expectations bolster case for supersize rate hike

[Reuters] Italy declares state of emergency for drought-stricken north