Tuesday, September 26, 2023

Wednesday's News Links

[Yahoo/Bloomberg] Global Stock Selloff Pauses as VIX Signals Calm: Markets Wrap

[Yahoo/Bloomberg] Chinese Gold Bugs Lift Price Premium Over World Market to Record Level

[Reuters] Dollar in command as euro and pound slide to 6-month lows

[Yahoo/Bloomberg] China Property Stocks Slide to Lowest Since 2011 as Rout Extends

[Yahoo/Bloomberg] Oil Pushes Higher as Tightening Market Outweighs Risk-Off Tone

[Reuters] Shutdown countdown: US Congress has four days to fund government

[CNN] Senate unveils stopgap bill in bid to avert shutdown, setting up showdown with the House

[Yahoo/Bloomberg] Auto Workers Aren't Striking Only For Higher Wages. They Want Their Pensions Back, Too

[Reuters] Harsh reality of 'higher-for-longer' rates looms over US stocks

[Yahoo/Bloomberg] US Yield Surge Helps Fed on Inflation, at Risk of Harder Landing

[Yahoo/Bloomberg] US Mortgage Rate Climbs to 22-Year High of 7.41%, Curbing Demand

[CNBC] Mortgage demand shrinks as interest rates hit the highest level in nearly 23 years

[CNBC] The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says

[Yahoo/Bloomberg] Fed May Do Less If Down Risks Like Shutdown Hit, Kashkari Says

[Yahoo/Bloomberg] China Puts Evergrande’s Billionaire Founder Under Police Control

[Reuters] Evergrande chairman under police watch; liquidation risk mounts

[Reuters] What's next for China Evergrande with its chairman Hui Ka Yan under police watch?

[Yahoo/Bloomberg] Country Garden Takes Step Toward Restructuring Offshore Debt

[Reuters] China's central bank to use 'precise, forceful' policy to bolster recovery

[Reuters] China's industrial profits extend slump for Jan-Aug, but pace of downturn eases

[Reuters] BOJ's July debate highlights rift in view on rate hike timing

[Reuters] London office market in 'rental recession' as vacancies hit 30-year high - Jefferies

[AP] China accuses Taiwan’s government of using economic and trade issues to seek independence

[Reuters] China says aim of its drills near Taiwan is to combat 'arrogance' of separatists

[Bloomberg] El Niño Is Creating Fear and Mystery This Year: Weather Watch

[WSJ] Rising Loan Costs Are Hurting Riskier Companies

[WSJ] China Has Second Thoughts About Controlling Prices in Its Multi Trillion-Dollar Housing Market