Thursday, August 4, 2022

Friday's News Links

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

[Reuters] Oil Suffers Deep Weekly Loss as Concerns Over Demand Intensify

[AP] US employers added 528,000 jobs; unemployment falls to 3.5%

[CNBC] Payrolls increased 528,000 in July, much better than expected in a sign of strength for jobs market

[AP] Democrats say they’ve reached agreement on economic package

[Reuters] U.S. job growth seen slowing in July; but far from recession levels

[Reuters] Global bond funds receive biggest weekly inflow in nine months

[Reuters] China halts high-level military dialogue with U.S., suspends other cooperation

[Reuters] Taiwan slams 'evil neighbour' China after missiles fly over island

[Reuters] Taiwan dispatches aircraft, ships to react to Chinese military incursions

[MSN/WSJ] China Boasts of Ability to Blockade Taiwan as Military Exercises Continue

[Reuters] Analysis: Taiwan tensions reveal challenges for U.S. navy as Chinese threat grows

[Reuters] Russia bans Western investors from selling stakes in banks, key assets including Sakhakin-1

[Reuters] Credit Suisse at big risk from Credito Real bankruptcy - media

[WSJ] Chinese Missiles Show Japan Lies in ‘Same War Zone’ as Taiwan

[FT] Paying a heavy price for central banks’ money creation

[FT] How rising tensions across the Taiwan Strait could threaten global trade

[FT] ‘Financial monsters’: China’s bad banks complicate property crisis

Thursday Afternoon Links

[Reuters] S&P 500 flat as Apple, energy shares weigh

[Dow Jones] Gold futures score highest finish in a month, top $1,800 as investors focus on U.S. recession odds

[Yahoo/Bloomberg] Oil Falls Below $90 for First Time Since War as Demand Slows

[Dow Jones] U.S. trade deficit falls 6.2% to $79.6 billion and hits six-month low

[Reuters] Global supply stress eases in July to 1-1/2 year low, NY Fed's index shows

[Dow Jones] Fed's Mester backs higher interest rates until inflation begins to fade

[Yahoo Finance] 2 reasons the 'risk of recession is getting higher and higher’: Mohamed El-Erian

[Reuters] Bank of England defends independence as politicians circle

[Reuters] U.S. delays Minuteman III missile test amid tensions over Taiwan - WSJ