Wednesday, November 23, 2022

Thursday's News Links

[Yahoo/Bloomberg] Stocks Boosted by Rate-Hike Outlook; Dollar Slips: Markets Wrap

[Yahoo/Bloomberg] Oil Holds Near $78 as EU Price-Cap Talks Drag and Demand Lags

[Reuters] China banks pledge $162 bln in credit to developers, shares rally

[Yahoo/Bloomberg] Ukraine Latest: Government Braces for Worst-Case Power Outages

[AP] China expands lockdowns as COVID-19 cases hit daily record

[Reuters] China's COVID infections hit record as economic outlook darkens

[Yahoo/Bloomberg] China’s iPhone City Locks Down Urban Areas as Covid Cases Rise

[Yahoo/Bloomberg] China to Ramp Up Monetary Stimulus as Economic Outlook Darkens

[Reuters] China's Country Garden gets new credit line of up to $7 bln - Securities Times

[Yahoo/Bloomberg] Binance’s Zhao Flags Possible $1 Billion for Distressed Assets

[CNBC] DCG’s Barry Silbert reveals crypto firm has $2 billion in debt as he tries to calm investors after FTX

[Reuters] Global regulators to target crypto platforms after FTX crash

[Fortune] Top economist Mohamed El-Erian says we’re not just headed for another recession, but a ‘profound economic and financial shift’

[Reuters] EU preparing new Russia sanctions package, von der Leyen says

[Yahoo/Bloomberg] Bank of Korea Still Wary of Inflation Amid Credit, Growth Fears

[Bloomberg] Pressure on the Hong Kong Dollar Peg Keeps Building

[Bloomberg] FTX Crypto Bubble Really Is the Worst of Its Kind

[WSJ] China Recovery Hopes Crushed by Record Covid Outbreak as Lockdowns Spread

[FT] Lex in-depth: the cost of America’s ban on Chinese chips

[FT] How China’s close contacts are piling pressure on Beijing’s zero-Covid policy

[FT] Chinese lenders to pump $162bn of credit into property developers

Wednesday Evening Links

[Yahoo/Bloomberg] US Stocks Rise as Fed Minutes Boost Sentiment: Markets Wrap 

[CNBC] Treasury yields slide as meeting minutes point to a slowdown in tightening

[AP] Most Fed officials at last meeting backed slower rate hikes

[Reuters] 'Substantial majority' of Fed officials see slowdown in rate hikes 'soon'

[Yahoo/Bloomberg] Most Fed Officials Seek to Slow Pace of Interest-Rate Hikes Soon

[Yahoo/Bloomberg] Ukraine Latest: Russia Knocks Out Power for Millions Amid Freeze

[Yahoo/Bloomberg] FTX Latest: Coinbase Junk Bond Prices Seen as Early Warning Sign

[AP] $740M in crypto assets recovered in FTX bankruptcy so far

[Yahoo/Bloomberg] California Farms Face $3 Billion Loss From Historic Drought

[NYT] She Was a Little-Known Crypto Trader. Then FTX Collapsed.

Wednesday Afternoon Links

[Yahoo/Bloomberg] US Stocks Pare Gains as Traders Await Policy Clues: Markets Wrap

[Reuters] Oil slides 4% on Russian oil price cap talks, U.S. gasoline build

[Reuters] U.S. business activity weakens further in November - S&P Global survey

[Reuters] U.S. new home sales unexpectedly rise in October

[Yahoo/Bloomberg] US New-Home Sales Unexpectedly Rise, Driven by Demand in South

[Yahoo/Bloomberg] US Mortgage Rates Drop for a Second Week, Hit Two-Month Low

[Reuters] U.S. new vehicle sales to be flat in November amid high interest rate - report

[Yahoo/Bloomberg] US Short-Term Inflation Expectations Retreat, Boosting Sentiment

[Yahoo/Bloomberg] Ukraine Latest: Blackouts After Missile Strikes; EU Cyberattack

[Yahoo/Bloomberg] BOE’s Top Economist Says More Rate Rises Needed to Tackle Inflation

[Yahoo/Bloomberg] Chase Coleman’s Tiger Global Is Slashing the Value of Its Venture Holdings by 24%

[FT] Tett: How magical thinking enabled the rise of FTX — and led to its fall