Monday, July 11, 2022

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Mixed, Bonds Surge; Euro Toys With Parity: Markets Wrap 

[Reuters] Oil slides on strong dollar and weaker demand outlook

[Yahoo/Bloomberg] Global Bonds Rebound as Growth Fears Overwhelm Inflation Nerves

[Yahoo/Bloomberg] Treasury Curve Inversion Deepens to Level Last Seen in 2007

[Reuters] U.S. small business sentiment drops near 9-1/2-year low in June- NFIB

[Yahoo/Bloomberg] Bitcoin Miners Shut as Texas Power Grid Nears Brink

[ABC] Omicron subvariants threaten COVID-19 resurgence across US

[Reuters] Ukrainian rockets hit Russian-controlled area as Kyiv readies southern counter-attack

[Newsweek] Putin Says West Has Lost in Ukraine—'Breakdown of American World Order'

[Yahoo/Bloomberg] China Property Bond Plunge Ensnares Investment-Grade Giant Vanke

[MSN/Bloomberg] Anger in Shanghai as Covid Return Spurs Fear of New Lockdown

[Reuters] China's Henan bank customers face harassment, job loss over protests

[Reuters] Heatwaves in dozens of Chinese cities buckle roads, pop roof tiles

[AFP] China banks to repay some customers after mass protests

[Yahoo/Bloomberg] German Investor Confidence Sinks to Worst Since Debt Crisis

[WSJ] Housing Could Provide More Fuel for Inflation

[WSJ] Housing Costs Drive More People to Move Back In With Their Parents

[WSJ] China Stocks Hit Fresh Turbulence, Casting Doubt Over Recent Rebound

[FT] Euro approaches parity with dollar as investors brace for slowdown

Monday Evening Links

[Yahoo/Bloomberg] Asian Stocks Fall Amid Soaring Dollar, China Worry: Markets Wrap

[Reuters] Euro drops to 20-year low, approaches parity with dollar

[Yahoo/Bloomberg] Bitcoin Falls a Fourth Day to About $20,000 Amid Dollar Strength

[Yahoo/Bloomberg] Fed’s Bostic Confident Economy Can Handle Another Jumbo Rate Hike

[Reuters] Australia consumer sentiment slides further in July amid inflation gloom

[AP] White House: Iran set to deliver armed drones to Russia

Monday Afternoon Links

[Reuters] Wall Street slides as earnings jitters set in 

[Yahoo/Bloomberg] European Stocks Fall Amid Earnings Worries, China Covid Flareup

[Reuters] U.S. consumers see inflation picking up in year ahead but moderating over longer term - NY Fed survey

[Reuters] Kansas City Fed's George warns "abrupt" rate changes could strain economy

[CNBC] Homebuyers are canceling deals at the highest rate since the start of the pandemic

[Yahoo/Bloomberg] Texas Power Grid Nears Breaking Point as Heat Drives up Demand

[Reuters] Explainer: What happens if Germany's Russian gas flows stop

[Yahoo/Bloomberg] Russia's War Machine Still Getting Plenty of Cash From Oil

[Reuters] Brazil's Bolsonaro says deal close to buy cheaper diesel from Russia

[NYT] China’s Economy Stumbles in the Fog of Covid War