Wednesday, July 13, 2022

Thursday's News Links

[Yahoo/Bloomberg] Stock Losses Deepen on Bank Gloom; Dollar Surges: Markets Wrap

[Reuters] European shares fall as rate hike bets keep investors cautious

[Reuters] Dollar Gauge Hits Record High, Surpassing Peak From 2020

[Yahoo/Bloomberg] Brent Oil Touches Lowest Since March as Rate Hike Bets Intensify

[Yahoo/Bloomberg] Libor Jumps Most Since 2008 as Traders Bet on Bigger Fed Hikes

[AP] Wholesale inflation in June surged 11.3% from a year ago

[Reuters] U.S. weekly jobless claims rise for second straight week

[Reuters] JPMorgan suspends buybacks, warns on global economy as profit slumps

[Yahoo/Bloomberg] Central Banks Keep Surprising With Hikes as Inflation Fears Soar

[Reuters] U.S. venture capital dealmaking slows on economic uncertainty

[Reuters] Crypto lender Celsius files for bankruptcy

[CNBC] This ‘crypto winter’ is unlike any downturn in the history of digital currencies. Here’s why

[Reuters] Texas grid takes emergency actions to avoid blackouts amid heatwave

[ABC] Texas power grid faces limited solar energy supply

[Reuters] Utah's Great Salt Lake is drying out, threatening ecological, economic disaster

[Reuters] China property protests threaten to dent $220 bln of banks' mortgage loans

[Yahoo/Bloomberg] China Convenes Banks on Mortgage Boycott Roiling Markets

[Yahoo/Bloomberg] More Chinese Homebuyers Refuse to Pay Mortgage Loans Amid Contagion Fears

[Yahoo/Bloomberg] Credit Managers Say Defaults on Track to Rise on Four Continents

[Reuters] Japan warns of swiftly rising COVID cases, PM to give news conference

[Reuters] Australia unemployment dives to 48-year low as jobs boom

[Reuters] Draghi's Italian government totters as 5-Star rebels

[Yahoo/Bloomberg] Europe Is Frying in Devastating Heat, Yet Is Burning More Coal

[Bloomberg] China’s Heatwave Turns Deadly as Industrial Power Cuts Begin

[Bloomberg] All Crisis Scenarios Lead to Rome as ECB Starts Raising Rates

[FT] ‘The market is just dead’: Investors steer clear of 20-year Treasuries

[FT] Liquidity is a bigger worry for investor returns than growth

[FT] Mario Draghi’s government under threat as Italy’s Five Star boycotts vote

[FT] ‘Exponentially’ risky China leaves venture capital funds starved of cash

[FT] Ukraine: can Russia still win the war?

[FT] Brazil to turn on spending taps in run-up to presidential vote

Wednesday Evening Links

[Yahoo/Bloomberg] Stocks, Futures Fall on Hawkish Post-CPI Fed Views: Markets Wrap

[Yahoo/Bloomberg] Oil Drops as Surging Inflation Escalates Slowdown Concerns

[Reuters] Texas grid takes emergency actions to avoid blackouts amid heatwave

[Reuters] Cryptocurrency lender Celsius prepares to file for bankruptcy - CNBC

[Yahoo/Bloomberg] Central Banks Rush to Quell Inflation Crisis They Helped Create

[Reuters] More Japan firms to pass on costs of rising commodity prices, weak yen

[CNN] The 'worst variant' is here

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks See Wild Swings After Hot CPI, Fedspeak: Markets Wrap

[Reuters] Wall Street wavers as hot CPI data stokes rate hike jitters

[Reuters] Hot inflation fuels bets on super-sized July Fed rate hike

[Yahoo/Bloomberg] Rents in US Rise at Fastest Pace Since 1986, Buoying Inflation

[Yahoo/Bloomberg] US Budget Gap Narrowed by Record $1.7 Trillion Since October

[Reuters] Bank of Canada makes a splash with developed economies' first 100 pointer

[Yahoo/Bloomberg] Ukraine Latest: Grain Talks Progress, Traders Warned on Crimes

[Reuters] Explainer: What is the COVID BA.5 variant and why is it reinfecting so many people?

[AP] Wildfires scorch parts of Europe amid extreme heat wave

[WSJ] Hot Dogs, Cookies, the Electricity Bill: Prices That Rose the Most in June

[WSJ] Sri Lanka’s Debt Crisis Tests China’s Role as Financier to Poor Countries

[FT] US Treasury curve most inverted since 2000