Thursday, July 7, 2022

Friday's News Links

[Yahoo/Bloomberg] US Stocks Rise as Jobs Fuel Rate-Hike Bets: Markets Wrap

[CNBC] Treasury yields jump as strong jobs report likely to keep the Fed aggressive

[Reuters] Oil heads for weekly loss as recession fears trump tight supply

[Reuters] Shinzo Abe, Japan's former prime minister, assassinated at a campaign stop

[Reuters] Shocked Blinken says Abe was 'extraordinary partner' for United States

[CNBC] Payrolls increased 372,000 in June, more than expected, as jobs market defies recession fears

[MSN/LAT] California deepens water cuts to cope with drought, hitting thousands of farms

[Yahoo/Bloomberg] Ukraine Latest: US and Partners Seek to Sideline Russia at G-20

[Reuters] China tightens rules on $1.3 trln credit card business

[Reuters] China military holds exercises around Taiwan, berates United States

[AP] China demands end to US-Taiwan military 'collusion'

[CNBC] China and Russia show ‘strong resilience’ in their relationship, Chinese foreign minister says

[Reuters] Global equity funds see a second weekly outflow on slowdown worries

[Reuters] Analysis: 'Nobody's perfect': German economy, engine of Europe, splutters

[Yahoo/Bloomberg] Protests Build Across Africa Over Surging Fuel Prices, Shortages

[Bloomberg] Treasuries Exodus Extends in Japan on Record Selling Streak

[Bloomberg] Canada Jobless Rate Hits Record Low on Labor Force Exodus

[WSJ] Food Insecurity Hits Rich Countries as Inflation Makes Basics Unaffordable for Many

[WSJ] Higher Financing Costs, Lower Valuations Crimp M&A

[FT] Farmers feel heat as northern Italy suffers worst drought in decades

[FT] Covid’s chronic effects loom increasingly large

Thursday Evening Links

[Yahoo/Bloomberg] Stocks Set to Rise as ‘Recession Obsession’ Cools: Markets Wrap

[Reuters] War looms large over G20 event as Russia meets rivals in Bali

[Reuters] Millions tested in Shanghai as China grapples COVID resurgence

[MSN/Washington Examiner] Chinese state-owned company accused of 'supporting Russia's military' during Ukraine invasion

[FT] ‘Fed’s credibility’ strained as inflation rages, senior official says

[FT] China developers face $13bn wall of dollar bond payments in second half

[FT] The Communist missionaries spreading the party gospel in the Chinese countryside 

Thursday Afternoon Links

[Reuters] S&P, Nasdaq end higher as July hot streak continues

[Reuters] U.S. natgas futures jump 14% on small storage build, hot weather

[Yahoo/Bloomberg] Oil Rises in Volatile Week as Tight Market Vies With Slowdown

[Yahoo/Bloomberg] Fed Hawks Back 75 Basis-Point July Hike, Still See Soft Landing

[CNBC] Fed officials Waller and Bullard back another big interest rate increase in July

[Reuters] Fed hawks signal downshift in U.S. rate hikes after July

[Reuters] Fed's Bullard sees continued U.S. economic growth

[Yahoo/Bloomberg] Home Prices Are Starting to Buckle in Tech-Fueled San Francisco

[Reuters] Putin warns the West Ukraine 'heading for tragedy'

[AP] Putin to Ukraine: Russia has barely started its action

[Reuters] Putin says Russia just starting in Ukraine, peace talks will get harder with time

[Yahoo/Bloomberg] FDIC Probing How Bankrupt Crypto Broker Voyager Marketed Itself

[Reuters] Germany mulls aid of up to 2 bln euros for German gas importer VNG -Handelsblatt