Wednesday, September 14, 2022

Thursday's News Links

[Yahoo/Bloomberg] Stocks Fluctuate as Traders Assess Fed Rate Path: Markets Wrap

[Yahoo/Bloomberg] Oil Fluctuates on Demand Concerns, US Reserve Restocking Plan

[Yahoo/Bloomberg] Offshore Yuan Drops Past 7 Per Dollar for First Time Since 2020

[Reuters] U.S. retail sales increase in August; weekly jobless claims fall

[Reuters] U.S. railroad strike averted as unions, companies reach tentative deal

[Yahoo/Bloomberg] Amtrak Cancels Long-Distance Trains as Rail-Strike Deadline Draws Near

[Reuters] U.S. tech-focused hedge funds brace for heavy losses amid market slide

[AP] As ‘buy now, pay later’ plans grow, so do delinquencies

[Reuters] U.S. consumer watchdog plans to regulate 'buy-now, pay-later' companies

[Yahoo/Bloomberg] Blackout Plans in Play as Europe Sees Shortages: Energy Update

[Yahoo/Bloomberg] ECB’s Guindos Calls for ‘Determined Action’ in Inflation Fight

[Yahoo/Bloomberg] China Holds Key Rate, Withdraws Liquidity Amid Yuan Defense

[Reuters] China pauses monetary easing, partially rolls policy loan, keeps rate unchanged

[Reuters] Chinese economy's export pillar shows cracks from global slowdown

[Yahoo/Bloomberg] China’s Banks Cut Deposit Rates in First Broad Move Since 2015

[Yahoo/Bloomberg] Japan’s Record Trade Deficit Shows Growing Pain of Feeble Yen

[AP] Xi, Putin hold summit in Uzbekistan as Ukraine war dominates

[Reuters] Putin praises Xi over Ukraine, scolds U.S. 'provocations' on Taiwan

[Reuters] Factbox: How does the Xi and Putin 'no limits' partnership work?

[Reuters] Russia says its navy in joint patrols with China in Pacific

[Bloomberg] US Retail Sales Unexpectedly Rise After Drop in Prior Month

[Bloomberg] US Jobless Claims Fall for a Fifth Week Amid Strong Labor Demand

[NYT] New Inflation Developments Are Rattling Markets and Economists. Here’s Why.

[WSJ] China’s Xi Jinping and Russia’s Vladimir Putin Showcase Growing Ties

[FT] Wall St regulator backs fresh push to shore up $24tn Treasury market

[FT] Fortress China: Xi Jinping’s plan for economic independence

[FT] Guo Guangchang’s empire under scrutiny as Fosun shares fall

[FT] Investors on edge before $15bn debt sale to fund Citrix buyout

[FT] Cutting Germany’s risky trade dependence on China

Wednesday Evening Links

[Yahoo/Bloomberg] Stocks Rise as Dip Buyers Win Tug of War Over Fed: Markets Wrap

[Yahoo/Bloomberg] US 2- to 30-Year Curve Reaches Most Inverted Level This Century

[Reuters] Biden administration races to avert rail shutdown, smaller union rejects deal

[Yahoo/Bloomberg] Threat of US Rail Strike Starts to Shake Up Commodity Markets 

[Reuters] Analysis: 'More damage to be done' as sizzling inflation seen lifting Treasury yields

[Yahoo/Bloomberg] China Braces for a Slowdown That Could be Even Worse Than 2020

[Yahoo/Bloomberg] Argentina Inflation Hits 79% Ahead of Likely Rate Hike

[WSJ] Markets Keep Making the Same Mistake About Inflation

[FT] US businesses warn of ‘economic disaster’ over rail strike threat

Wednesday Afternoon Links

[CNBC] Stocks rise as Wall Street tries to recover after worst day since June 2020

[Yahoo/Bloomberg] Yen Rallies as Japan Intervention Threat Hangs Heavy Over Market

[Yahoo/Bloomberg] Oil Rises With China Easing Lockdowns, US Mulling SPR Refill

[Reuters] U.S. labor chief hosts talks with union, railroads to avert shutdown

[Yahoo/Bloomberg] Hedge Funds Face Tighter SEC Clearing Rules on Treasuries Trades

[Yahoo Finance] CEO optimism continues to drop, falling farther from 2021’s record highs

[Yahoo/Bloomberg] France to Cap Price-Hikes in Push to Ease Crisis: Energy Update

[FT] Eurozone factories suffer biggest output fall since pandemic hit

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Steady as Traders Assess Inflation Outlook: Markets Wrap

[Reuters] Yen recovers lost ground on BOJ rate check, hints on intervention

[Yahoo/Bloomberg] Yen Rallies as Japan Intervention Threat Hangs Heavy Over Market

[Yahoo/Bloomberg] Oil Swings as IEA Demand Cut Vies With US Restocking Plan

[Yahoo/Bloomberg] Asia Pushback Gets Louder as Fed Fears Ripple Across the Region

[AP] US wholesale inflation declines in August to still-high 8.7%

[CNBC] Mortgage demand from homebuyers falls 29% since last year, as interest rates surge past 6%

[Reuters] U.S. mortgage interest rates top 6% for first time since 2008

[AP] Driven by consumers, US inflation grows more persistent

[CNN] Food prices are still soaring — here's what's getting more expensive

[Reuters] EU seeks $140 billion to cope with energy crisis as utilities teeter

[Yahoo/Bloomberg] ECB’s Top Economist Signals Smaller Hikes After ‘Major’ Step Last Week

[Yahoo/Bloomberg] Ukraine Latest: Zelenskiy Visits Key City Retaken From Russians

[Reuters] Analysis: Why the dollar's wrecking-ball rally is not done yet

[Reuters] Analysis: China poised to shake up economic leadership as reformers bow out

[Yahoo/Bloomberg] Chinese Conglomerate Fosun Under Scrutiny as Bonds, Shares Slide

[Reuters] U.S. weighs China sanctions to deter Taiwan action, Taiwan presses EU

[Yahoo/Bloomberg] Russia Gives China’s Yuan a Boost as Firms Cope With Sanctions

[Yahoo/Bloomberg] Lure of Cheap China Hydropower Backfiring Due to Climate Change

[Reuters] IMF's Georgieva says China, other big creditors must work to prevent debt 'explosion'

[Bloomberg] BOJ Boosts Bond Buying Again as Yields Approach Its Policy Limit

[FT] Economists braced for Fed to pursue steep rate rises beyond September

[FT] Fed’s faster ‘quantitative tightening’ adds to strain on bond market