Tuesday, September 27, 2022

Wednesday's News Links

[Yahoo/Bloomberg] Dollar Climbs; UK Bonds Jump on BOE Purchase Plan: Markets Wrap

[Yahoo/Bloomberg] BOE Steps Back Into Bond Market to Restore Stability

[Reuters] Sterling slides after BOE jumps into gilt market, dollar marches on

[Reuters] Stocks pull off 2020 lows, Bank of England steps in to calm UK bond market

[Reuters] Euro zone yields at multi-year highs, German real yield briefly positive

[Yahoo/Bloomberg] Treasury 10-Year Yield Pares Advance After Rising to 2008 High

[Yahoo/Bloomberg] Yuan at 2008 Low Fuels Speculation Monetary Easing to Slow

[Yahoo/Bloomberg] Oil Tumbles as Dollar Hits Record in Fresh Blow to Commodities

[Yahoo/Bloomberg] Hurricane Ian Nears Category 5 Strength on Track to Florida

[CNBC] Mortgage refinancing drops to a 22-year low as interest rates surge even higher

[Reuters] Yellen says 'monitoring' UK developments after pound plummets - FT

[Reuters] NATO, EU cite dangers to vital infrastructure after pipeline 'sabotage'

[Reuters] Moody's warns UK unfunded tax cuts are 'credit negative'

[Reuters] Fed's Daly: do not want to tip economy into downturn

[Yahoo/Bloomberg] China Warns Yuan Speculators They Will Lose Money in Long Term

[Yahoo/Bloomberg] Plunging Markets Spur New Intervention Warnings Across Asia

[Reuters] Millions in Florida urged to evacuate as Hurricane Ian nears

[Yahoo/Bloomberg] NFT Trading Volumes Collapse 97% From January Peak

[Reuters] U.S. VP Harris to push against China's Taiwan policy in Japan speech

[Bloomberg] BOE Actions Prompted by Concern That Cash Calls Today Would Trigger Gilt Crash

[Bloomberg] Gilbert: Gilt Market Carnage Prompts Risky Bank of England U-Turn

[WSJ] China’s Offshore Currency Hits Record Low Against Dollar

[FT] Bank of England warns of risk to UK financial stability as it intervenes in gilt market

[FT] ‘Volatility vortex’ slams into $24tn US government bond market

[FT] El-Erian: UK damage just starting if market disorder is allowed to persist

[FT] ECB officials back another big rate rise in effort to tame inflation

[FT] Renminbi falls to lowest level since 2008 as dollar strengthens

Tuesday Evening Links

[Reuters] S&P 500 falls to two-year low, bear market rally snuffed out

[Yahoo/Bloomberg] Stocks Drop for Sixth Session as Rate Woes Persist: Markets Wrap

[AP] British pound stabilizes, but turmoil still roils UK economy

[Reuters] As Hurricane Ian nears, millions in Florida told to evacuate

[Yahoo/Bloomberg] Hurricane Ian Set to Be Among Costliest Storms in US History

[Yahoo/Bloomberg] Bullard Leads Fed Speakers Pushing Hikes, Defending Credibility

[Reuters] Russia issues new nuclear warning as contested Ukraine referendums end

[Yahoo/Bloomberg] Ukraine Latest: Von Der Leyen Calls Pipeline Incident ‘Sabotage’

[Reuters] CIA warned Berlin about possible attacks on gas pipelines in summer - Spiegel

[Reuters] Options activity hints U.S. stock market has not reached bottom- Barclays

[WSJ] U.K. Seeks to Calm Investors Over Clash Between Inflation Fight and Truss Tax Cuts

[WSJ] Home Prices Suffer First Monthly Decline in Years

[WSJ] Hurricane Ian Is Latest Blow to Florida’s Struggling Home Insurers

[FT] BoE chief economist calls for ‘significant monetary response’ to turmoil

[FT] Jump in mortgage rates threatens UK property price crash

Tuesday Afternoon Links

[CNBC] Dow gives up nearly 400-point gain on Tuesday and slides deeper into bear market 

[Reuters] Russia's Gazprom rejects Ukraine's Naftogaz claims in arbitration

[Reuters] Gas leaks from Russian pipelines to Europe raise sabotage fears

[Reuters] Q+A What is known so far about the Nord Stream gas pipeline leaks

[Yahoo/Bloomberg] Nord Stream Hit Adds to Europe's Economic Woes in 2009 Echo

[CNBC] Home prices cooled in July at the fastest rate in the history of S&P Case-Shiller Index

[Yahoo/Bloomberg] US Housing Prices Fall for First Time Since 2012

[Yahoo/Bloomberg] US Sales of New Homes Unexpectedly Rise in a Break From Downturn

[Yahoo/Bloomberg] US Consumer Confidence Rises a Second Month to Most Since April

[Reuters] U.S. core capital goods orders accelerate in August; shipments rise

[Yahoo/Bloomberg] Bullard Says Inflation a Serious Risk and Fed Must Respond

[Yahoo/Bloomberg] Hurricane Ian Strikes Cuba as Destructive Path Pushes to Florida

[Yahoo/Bloomberg] Hurricane Ian’s Damages Are Forecast to Be Worse Than 1992’s Andrew

[Yahoo/Bloomberg] Surging Dollar Threatens $60 Billion Hit to Corporate Revenue

[Yahoo/Bloomberg] BOE’s Chief Economist Says UK Fiscal News Needs Significant Policy Response

[Yahoo/Bloomberg] House Sales Collapse as UK Lenders Withdraw Mortgage Offers

[Reuters] Exclusive: China prepares to tweak yuan fixing process to slow its fall -source

[Reuters] Worst melt year on record for Swiss glaciers, data shows