Thursday, August 18, 2022

Friday's News Links

[Yahoo/Bloomberg] US Stocks Slide as Global Rate-Hike Wagers Surge: Markets Wrap

[Reuters] Safe-haven flows set U.S. dollar for biggest weekly rise since April 2020

[Yahoo/Bloomberg] Bitcoin Drops to Three-Week Low as Global Markets Turn Risk Off

[Yahoo/Bloomberg] Yuan Slumps to Near-Two-Year Low as Rate Differential Widens

[Yahoo/Bloomberg] US Mortgage Lenders Are Starting to Go Broke

[Yahoo/Bloomberg] ‘Very Few Fear Fed’: BofA Says Cash Flooding Into Stocks, Bonds

[Yahoo/Bloomberg] Ukraine Latest: Atomic Plant’s Risk to Europe; War Crimes Filing

[Yahoo/Bloomberg] War-Hit Ukraine Atomic Plant Poses Risks to Europe’s Energy Grid

[Reuters] Japan's inflation holds above BOJ target, price pressures broaden

[Reuters] UK consumer sentiment hits record low as inflation soars - GfK

[CNBC] China’s heatwave could have a knock-on effect on its economy, says economist

[AP] China's response to Pelosi visit a sign of future intentions

[Yahoo/Bloomberg] Xi and Putin to Attend G-20 Summit in Indonesia, Jokowi Says

[AP] Yangtze shrinks as China's drought disrupts industry

[Reuters] Record jump in German producer prices adds to gloomy outlook

[Reuters] Factbox: Germany's efforts to tackle energy crisis

[Bloomberg] China’s Virus Hotspots Keep Cases Elevated, Fuel Fears of Spread

[Bloomberg] Erdogan Got His Rate Cut and Now the Heat Is on Turkish Banks

[Bloomberg] India’s Dollar Credit Market Faces Its Worst Drought in 13 Years

[WSJ] Wall Street Bets the Fed Is Bluffing in High-Stakes Inflation Game

[WSJ] It Now Costs $300,000 to Raise a Child

[FT] A winter energy reckoning looms for the west

Thursday Afternoon Links

[Reuters] Wall St ends higher, Cisco Systems jumps after forecast 

[Yahoo/Bloomberg] Oil Rallies as Strong US Demand Eases Fears of Economic Slowdown

[Yahoo/Bloomberg] Fed Officials Offer Mixed Signals on Size of September Rate Hike

[Reuters] Fed united on need to raise rates, divided over how high

[Reuters] Fed's George says pace, endpoint of rate hikes still matter of debate

[Reuters] Fed must get inflation down urgently, Kashkari says

[Yahoo/Bloomberg] Summers Says China-Surpassing-US Is Japan 1990 All Over Again

[Reuters] Bank of England sets out plans to sell $23 bln corporate bond stockpile

[FT] Companies burnt through a record amount of cash in Q2

[Reuters] Russia says 3 MiG warplanes with hypersonic missiles moved to Kaliningrad region -media

Thursday's News Links

[Yahoo/Bloomberg] Stocks Muted Amid Fed Concerns; Dollar Stalls: Markets Wrap

[Reuters] Oil rises on U.S. crude stocks data, tight supply outlook

[Reuters] U.S. weekly jobless claims edged lower last week

[CNBC] Home sales fell nearly 6% in July as housing market slides into a recession

[AP] US to hold trade talks with Taiwan, island drills military

[Yahoo/Bloomberg] Ukraine Latest: Zelenskiy’s Lviv Meeting; Grain Volumes Grow

[Reuters] Russia says Ukraine planning 'provocation' at nuclear plant; Kyiv dismisses accusation

[Yahoo/Bloomberg] Gold Seen Rising Above $2,000 on Inflation, Mining Veteran Says

[Reuters] U.S., Taiwan to start formal trade talks under new initiative

[CNBC] Turkey shocks markets with rate cut despite inflation near 80%

[Yahoo/Bloomberg] A $379 Billion Hole Emerges in Developing Nations’ War Chests

[Yahoo/Bloomberg] Japan’s Inflation Getting Harder for Kuroda to Explain Away

[Reuters] Australia jobless rate hits fresh 48-year low, even as employment falls

[Reuters] Torrential rains lash New Zealand for 3rd day, hundreds evacuate homes

[Yahoo/Bloomberg] China Plans More Fiscal Stimulus as Economy Outlook Darkens

[Yahoo/Bloomberg] China Is Ramping Up Swiss Gold Imports, Signaling Better Demand

[Reuters] China risks miscalculation with pressure on Taiwan, U.S. says

[Bloomberg] China’s Covid Cases Surge to Three-Month High on Hainan Outbreak

[NYT] It Was the Housing Crisis Epicenter. Now the Sun Belt Is an Inflation Vanguard.

[WSJ] Fed Officials See Need for Continued Interest-Rate Increases, but Less Certainty Over Destination

[WSJ] Rising Interest Rates Put the Squeeze on Fintech Lenders

[FT] Fed officials signal restrictive rates may be needed ‘for some time’

[FT] Quant funds support market rally by ramping up bets on US stocks

[FT] China boosts coal usage as extreme heat triggers power shortages

[FT] China’s largest property group Country Garden warns of 70% plunge in profit