Tuesday, November 8, 2022

Wednesday's News Links

[Yahoo/Bloomberg] US Stocks Fall After Mixed Verdict on Midterms: Markets Wrap

[Reuters] Cryptocurrencies fall after FTX-Binance turmoil spooks investors

[Yahoo/Bloomberg] Oil Declines on Weak China Demand Outlook, Higher Stockpiles

[Reuters] Chinese property stocks soar on fresh regulatory support

[Yahoo/Bloomberg] China Developers Soar as State Help Fuels Bets on Market Bottom

[Reuters] Race for U.S. Congress is tight, no Republican 'red wave'

[Yahoo/Bloomberg] Republicans Eye Narrow Margin in House as Democrats Flip a Senate Seat

[Reuters] Investors face unclear outcome in midterms, with questions over spending, regulation

[Reuters] Midterm Election Results Live

[Reuters] Meta slashes workforce by 11,000 as it sinks more money into the metaverse

[Yahoo/Bloomberg] US Mortgage Rates Rise to 7.14%, Near Highest Level Since 2001

[Yahoo/Bloomberg] China Expands Financing Tool to Support Ailing Developers

[Reuters] China reports 8,335 new COVID cases for Nov 8 vs 7,691 a day earlier

[CNN] China’s manufacturing hub Guangzhou partially locked down as Covid outbreak widens

[Reuters] China's Guangzhou brings back mass testing to fight city's worst COVID outbreak

[Reuters] Investors prepare for government gridlock as Republicans seen gaining in U.S. midterms

[Reuters] China's factory gate prices drop for first time since Dec 2020 as COVID curbs take toll

[Reuters] Ukraine promises not to give up 'a single centimetre' to Russia in east

[Yahoo/Bloomberg] Ukraine Latest: Kyiv Upbeat on Aid, Russia Eases Nuclear Fears

[Reuters] Putin ally meets Iran leader as Moscow deepens Tehran ties

[AP] Inflation strikes disrupt trains, flights in Greece, Belgium

[NYT] Crypto World Is Rocked as World’s Largest Exchange Rescues Rival

[NYT] China’s Great ‘Zero-Covid’ Guessing Game

[FT] China factory gate prices contract for first time since 2020

[FT] ‘There was no hope’: the Chinese factories struggling to survive

[FT] Contagion fears sweep crypto sector after FTX liquidity crisis

[FT] Putin’s nuclear threats may hint at an electromagnetic pulse strike

Tuesday Evening Links

[Reuters] Wall Street ends higher as investors eye U.S. midterms

[Yahoo Finance] Bitcoin, crypto plunge as FTX-Binance deal raises contagion concerns

[Reuters] Investors brace for government gridlock as Republicans seen gaining in U.S. midterms

[AP] Midterms Live Updates:

[Reuters] First polls close in U.S. midterm elections that could rein in Biden's power

[Reuters] Crypto exchange FTX saw $6 bln in withdrawals in 72 hours

[Yahoo/Bloomberg] Dollar Is Down, But Not Out, as Fed Prepares for More Rate Hikes

[Forbes] Crypto Crash Intensifies Amid Downfall Of Industry's 'White Knight' Bankman-Fried

[Bloomberg] Cryptocurrencies Plunge as Doubts About FTX-Binance Deal Grow

[Bloomberg] The Wild West of Crypto Claims Yet Another Victim

[WSJ] Insurers Are Facing a Steep Rise in Reinsurance Rates

[WSJ] Chinese Developer Sells L.A. Luxury Tower at Steep Discount

[FT] FTX on brink of collapse after ‘liquidity crunch’ at crypto exchange

[FT] Bank of England’s stance on QE may have added to high inflation, says Pill

Tuesday's News Links

[Reuters] US Stocks Rise on Hopes for a Post-Midterms Rally: Markets Wrap

[Reuters] Cryptocurrencies slide as concerns over FTX exchange rattle markets

[Reuters] Oil prices fall as China demand, recession concerns outweigh supply woes

[CNBC] Here are the top Senate races to watch in the 2022 midterms

[Reuters] Factbox: Market implications from Tuesday's U.S. midterm elections

[AP] Election 2022: Turbulent campaign season comes to a close

[Reuters] U.S. small business sentiment falls in October -NFIB

[Reuters] Analysis: Nagging U.S. Treasury liquidity problems raise Fed balance sheet predicament

[CNBC] Auto loan delinquencies rise as loan-accommodation programs end

[Yahoo/Bloomberg] Banks’ Bet on Subprime Consumers Sends Credit-Card Balances to a Record

[Reuters] Guangzhou's COVID outbreak deepens as more lockdowns loom in China

[Reuters] China’s foreign customers leave at worst time

[Reuters] China's super-rich see fortunes plunge as economy slows

[Reuters] China to expand bond financing by private firms, including developers

[Reuters] Japan foreign reserves fall for third month after intervention

[Reuters] British grocery inflation hit record 14.7% in October -Kantar

[Yahoo/Bloomberg] OPEC+ Cuts That Steadied Market Now Bring Risk of $100 Crude

[Reuters] China, Russia to drive 10% default pain for 'junk-rated' EM firms - JPMorgan

[Bloomberg] Fed Will Stick to the Task of Curbing Inflation, Barkin Says

[Bloomberg] Japan Likely Sold Treasuries to Show FX Firepower, Analysts Say

[Bloomberg] Europe’s Energy Crunch Will Trigger Years of Shortages and Blackouts

[Bloomberg] China Expands Financing Tool That Can Support Ailing Developers

[WSJ] Japan’s Waning Appetite for Treasurys Fuels Anxiety on Wall Street

[WSJ] With Power Secure at Home, China’s Xi Jinping Looks to Project Strength Abroad

[FT] ECB must raise rates beyond point of restricting growth, say officials

[FT] Germany set to block Chinese chip deal

[FT] Pension funds after the gilts crisis: the big asset allocation rethink