Wednesday, May 24, 2023

Thursday's News Links

[Yahoo/Bloomberg] Stocks Jump on Nvidia, Asia Stocks Fall: Markets Wrap

[Yahoo/Bloomberg] China Equity Rout Deepens as Traders Rush to Sell Before Holiday

[Yahoo/Bloomberg] Oil Dips as Novak Says OPEC+ to Stand Pat and Dollar Holds Gains

[Reuters] AAArrggh! Stocks in debt ceiling danger zone after US rating warning

[Yahoo/Bloomberg] Friday Is Now an Options Feeding Frenzy as Big Tech Meets Zero-Day Options

[Reuters] Fitch puts US rating on negative watch as debt deadline looms

[Reuters] White House, Republicans seek to close US debt-ceiling deal as deadline nears

[Yahoo/Bloomberg] McCarthy Signals Debt Deal Optimism as US Put on Credit Watch

[Yahoo/Bloomberg] Could $25 Billion in Social Security Payments Force a Debt-Limit Deal?

[Reuters] US weekly jobless claims rise moderately; first-quarter GDP growth revised up

[AP] US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate

[Reuters] US action on short-sellers likely in 'next few months' -DOJ official

[Yahoo/Bloomberg] Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew

[Reuters] Chinese hackers spying on US critical infrastructure, Western intelligence says

[Yahoo/Bloomberg] Ukraine Recap: Wagner Exiting Bakhmut; Long Wait for F-16 Jets

[Yahoo/Bloomberg] Japan Raises Growth View in May as Spending, Production Rise

[Yahoo/Bloomberg] Traders Ramp Up Bets on Japan Inflation to Highest This Year

[Yahoo/Bloomberg] China Warnings Flash Across Global Markets as Growth Disappoints

[Reuters] German economy entered recession as inflation hurts consumers

[Reuters] The end of King Dollar? The forces at play in de-dollarisation

[Reuters] Turkey cenbank's net forex reserves negative for first time since 2002

[Yahoo/Bloomberg] Turkey Asks Banks to Buy Dollar Bonds as Market Pressure Mounts

[Reuters] Exclusive: From Russia with gold: UAE cashes in as sanctions bite

[Reuters] South Korea, US hold largest live-fire drills to respond to 'full-scale' attack

[Reuters] Iran says it has successfully test-launched ballistic missile

[NYT] Default on U.S. Debt Risks ‘Permanently’ Denting Nation’s Credit Rating

[WSJ] Inside Wall Street’s Playbook to Prevent Debt-Ceiling Chaos

[WSJ] New Bank of Japan Governor Sees Signs of Sustainable Inflation

[WSJ] China Hack Is Latest Challenge for West’s Diplomatic Reset With Beijing

[FT] Bank of Japan’s Ueda warns of policy risks as prices and wages rise

[FT] El-Erian: The stark ‘de-risking’ choice facing economies

[FT] China hits back after Microsoft says state-sponsored group hacked critical US infrastructure

[FT] The fall of Vice: private equity’s ill-fated bet on media’s future