Wednesday, May 10, 2023

Thursday's News Links

[Reuters] Stocks Waver as Traders Mull Fed; Disney Drops: Markets Wrap

[CNBC] PacWest shares tumble 20% after regional bank says deposits fell 9.5% last week

[Reuters] Oil Advances as Traders Weigh Inflation Trends and Supply Halts

[Reuters] Cost of insuring against U.S. default rises to highest since 2009

[AP] More Americans file for jobless claims, but job market remains healthy

[CNBC] Wholesale prices rose just 0.2% in April, less than estimate as inflation pressures ease

[Reuters] US debt standoff overshadows G7 finance leaders' meeting

[AP] Hot employment market shows signs of cooling

[Reuters] Bank of England raises rates and Bailey promises to "stay the course"

[Reuters] Slump in China bank loans, prices raise more worries about recovery, adds pressure on

[Yahoo/Bloomberg] China’s Weak Inflation, Borrowing Show Economic Recovery Waning

[Reuters] China's slow consumer inflation, deepening factory gate deflation to test policy

[Reuters] Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout

[Reuters] Factbox: China's oil, commodities import from Russia

[Yahoo/Bloomberg] Ueda’s BOJ Subtly Changes English Translation in New Era Signal

[Yahoo/Bloomberg] Ukraine Latest: UK Sends Long-Range Missiles for New Offensive

[Bloomberg] Dudley: What the Fed Missed in Its Bank Crisis Confessional

[Bloomberg] US Credit Card Debt Was Stickier Than Usual in First Quarter

[Bloomberg] US West Braces for Another Year of Heat and Drought: Weather Watch

[NYT] ‘De-Americanize’: How China Is Remaking Its Chip Business

[FT] US default would make Cyclone Roller Coaster ‘look like a kiddie ride’

[FT] The G7 struggles to find unity over China’s economic bullying

[FT] Eurozone consumers are more pessimistic on inflation, ECB survey shows