Monday, October 31, 2022

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Rally on China Reopening Bets; Dollar Falls: Markets Wrap

[Yahoo/Bloomberg] China Markets Rally After Unconfirmed Social Posts on Reopening

[CNBC] Job openings surged in September despite Fed efforts to cool labor market

[Reuters] U.S. manufacturing activity slowest in nearly 2-1/2 years in October -ISM

[Reuters] Japan's stealth yen intervention aims for maximum impact - finance minister

[Reuters] China property slump persists in October with falling prices, sales as COVID bites

[Reuters] China's Oct factory activity shrinks as COVID curbs hit output, demand - Caixin PMI

[Reuters] China's CIFI suspends all offshore debt payments, starts restructuring process

[Yahoo/Bloomberg] China’s Last Offshore Property Bond Havens Are Crumbling

[Reuters] Kremlin: Considering 'further steps' over allegation Britain attacked Nord Stream gas pipelines

[Reuters] ECB must keep raising rates even if recession risks rise, Lagarde says

[Yahoo/Bloomberg] Australia Raises Key Rate, Signals More Hikes to Come

[Yahoo/Bloomberg] BOE to Take Historic Step in Unwinding £838 Billion Stimulus

[Yahoo/Bloomberg] Who Are The Mystery Buyers Responsible For Central Bank Gold Boom?

[Reuters] South Korea Oct exports post worst fall in 26 months, deficit widen

[Reuters] North Korea demands the U.S., South Korea halt joint military drills

[AP] North Korea warns US of 'powerful' response to allied drills

[Bloomberg] Offshore Yuan Slips as China Sets Weakest Fixing Since 2008

[Bloomberg] Junk Debt in Southeast Asia Loses Most Since 2020 as Risks Mount

[WSJ] Fed Meeting to Focus on Interest Rates’ Coming Path

[WSJ] The Fed’s Problem With the Job Market

[WSJ] Why Mortgage Rates Are So Darn High

[WSJ] Chinese Property Bonds Set Record Lows as Investors Lose Faith

[FT] Economists warn of deeper US downturn as Fed keeps up inflation fight

[FT] Xi’s clean sweep: China marks new era with loyalist line-up

[FT] Shanghai officials rush to trace Disneyland visitors after guest tests positive for Covid

[FT] China bars celebrities from endorsing products to boost ‘traditional virtues’

[FT] Germany struggles with its dependency on China

Monday Evening Links

[Reuters] Wall Street ends strong month on weaker note; focus on Fed meeting

[Reuters] Brazilian assets rally in volatile session after Lula elected president

[Reuters] Grain ships sail from Ukraine ports as Russian missiles knock out power across country

[Reuters] Russia says movement of ships in Black Sea corridor is 'unacceptable'

[CNBC] Biden threatens higher taxes on oil companies if they do not work to lower gas prices

[CNBC] Homebuilders say they’re on the edge of a steeper downturn as buyers pull back

[Yahoo Finance] Housing expert: Homeowners are locked in by their low mortgage rate

[Reuters] Trucker blockades in Brazil increase in wake of Bolsonaro election loss

[Bloomberg] More Than a Third of US Small Businesses Couldn’t Pay All Their Rent in October

Monday Afternoon Links

[Reuters] Wall St drops as megacaps weigh amid Fed rate debate

[AP] AP source: Biden to float windfall tax on energy producers

[Reuters] Brazil's Bolsonaro yet to concede after Lula's election victory

[AP] Key issue as Fed meets this week: When to slow rate hikes?

[Yahoo/Bloomberg] Ukraine Latest: Russia Warns on Ships; Missile Strikes Cut Power

[Yahoo/Bloomberg] Russian Missile Strikes Cut Ukrainian Power, Water Supplies

[Yahoo/Bloomberg] Fed’s Low Political Profile at Risk With Job Losses Set to Rise

[Reuters] Shanghai Disney shuts over Covid, visitors unable to leave

[NYT] Jerome Powell Is Popular. His War on Inflation Could Change That.

[WSJ] Mortgage Giant Rocket Plunges Back to Earth, Hit by Rising Rates

[FT] Why Chinese students are falling out of love with US universities