Sunday, July 10, 2022

Monday's News Links

[Yahoo/Bloomberg] US Equities Drop With global Stocks; Twitter Slumps: Markets Wrap

[Yahoo/Bloomberg] China Stocks Drop Most in a Month on Covid Flareups, Tech Fines

[Reuters] Euro flirts with parity as Russian gas link enters planned shutdown

[Reuters] Oil slides on China COVID worries

[Yahoo/Bloomberg] Nail-Biting Tech Earnings Season Ahead After Nasdaq Rout

[Reuters] U.S. bank profits to tumble on higher bad loan reserves

[Reuters] Texas grid operator warns of potential rolling blackouts on Monday

[Yahoo/Bloomberg] Ukraine Latest: Russia Accused of Trying to Damage Grain Harvest

[Yahoo/Bloomberg] China’s Credit Flow Jumps as Government Boosts Economic Stimulus

[Yahoo/Bloomberg] Evergrande Risks First Local Bond Default as Delay Rejected

[Reuters] Shanghai braces for more mass COVID testing amid fresh curbs across China

[MSN/WP] Shanghai fears a second lockdown as China battles BA.5 outbreaks

[MSN/Bloomberg] Shanghai Outbreak Swells as First Sub-Variant Case Detected

[Reuters] Macau shuts all its casinos to curb COVID, gaming shares plunge

[MSN/LAT] Chinese bank depositors face police in angry protest

[AFP] China detains alleged bank fraud 'gang' after rare mass protests

[CNBC] Europe on high alert as Russia temporarily halts gas flows via major pipeline

[Yahoo/Bloomberg] How the ECB Plans to Keep Markets in Check as It Hikes Rates

[Yahoo/Bloomberg] Euro-Zone Recession Risk Seen Rising Even as Inflation Peak Near

[AP] New coronavirus mutant raises concerns in India and beyond

[MSN/Bloomberg] China Lays Out Rules for Managing US Engagement in Asia Pacific

[Reuters] China warns Asian nations to avoid being used as 'chess pieces' by powers

[Bloomberg] El-Erian: Investors Should Think Risk Factors, Not Asset Classes

[WSJ] Sri Lanka Crisis Flashes Warning for Other Indebted Economies

[WSJ] Global Investors Dump Bonds of Chinese Banks That Lent Heavily to Russia

[FT] Did central bank balance sheets really need to get so big?

[FT] Is the US starting to resemble an emerging market?

[FT] Chinese bank fraud protest turns violent after police step in

[FT] FBI director warns China espionage is greatest threat to US and allies

[FT] Klarna’s valuation slashed to under $7bn in latest funding round

Sunday Evening Links

[CNBC] S&P 500 futures edge lower ahead of kickoff to earnings season

[MSN/WP] The housing market, at last, appears to be cooling off

[Reuters] Chinese property developer Ronshine misses interest payments on two bonds

[Reuters] Shanghai identifies new COVID Omicron subvariant

[AP] Crypto plunge is cautionary tale for public pension funds

[AP] Sri Lanka opposition meets to name new gov’t amid turmoil

[WSJ] Tech’s Red-Hot Hiring Spree Shows Signs of Cooling

Sunday's News Links

[Yahoo/Bloomberg] Fed Braces as Another Big US Inflation Number Looms: Eco Week

[Reuters] Blinken and China's Wang Yi hold 'candid' talks on Ukraine and trade

[Yahoo/Bloomberg] ‘Strong’ ECB Crisis Tool Could Stay on Shelf, Stournaras Says

[Yahoo/Bloomberg] Japan Ruling Bloc Easily Wins Vote Held Days After Abe’s Murder

[Reuters] Chinese protesters demanding bank deposits tussle with security men

[WSJ] For the Fed, Easing Too Soon Risks Repeat of Stop-and-Go 1970s

[WSJ] The Stock Market Faces Next Test as Inflation Looms Over Earnings Season

[WSJ] Inflation Is Latest Driver of Rise in Business Insurance Costs

[FT] China grapples with Omicron outbreaks as BA.5 variant spreads

[FT] The mystery of how quantitative tightening will affect markets

[FT] Investors pull $50bn from emerging market bond funds in 2022