Wednesday, February 1, 2023

Thursday's News Links

[Yahoo/Bloomberg] Stocks Extend Fed Rally With ECB to Come: Markets Wrap

[Reuters] Dollar plunges as Fed says disinflation now in play

[Yahoo/Bloomberg] Adani in Crisis as Bonds Hit Distressed Levels, Stock Sale Axed

[Yahoo/Bloomberg] Adani Stock Wipeout Deepens to $104 Billion After Flagship Firm Pulls Share Sale

[Reuters] U.S. weekly jobless claims at nine-month low; productivity accelerates

[Reuters] U.S. factory orders rebound in December

[Reuters] Fed's Powell says no rate cuts this year, and markets hear it differently

[Reuters] ECB raises rates again and pencils in at least one more hike

[Yahoo/Bloomberg] BOE Raises Key Rate to 4% Saying More Hikes May Be Needed

[Yahoo/Bloomberg] BOJ Deputy Wakatabe Indicates No Policy Change Next Month

[Yahoo/Bloomberg] Citigroup Wealth Unit Halts Margin Loans on Adani Securities

[Reuters] Analysis: Adani's adversity raises the stakes for India and investors

[Reuters] McCarthy: We can find 'common ground' with Biden over U.S. debt ceiling

[Yahoo/Bloomberg] Ukraine Latest: US, Kyiv Discuss Russia’s Likely Next Steps

[Yahoo/Bloomberg] China Officials Warn of Challenges for Foreign Trade, Investment

[AP] US to widen military presence in Philippines amid China fear

[Reuters] North Korea says U.S. drills threaten to turn region into 'critical war zone'

[Reuters] Philippines grants U.S. greater access to bases amid China concerns

[FT] Economists detect dovish undertones from ‘more optimistic’ Jay Powell

Wednesday Evening Links

[Yahoo/Bloomberg] US Stocks Roar as Powell Acknowledges Disinflation: Markets Wrap

[Yahoo/Bloomberg] Oil Slumps Most in a Month as Inventory Growth Worries Traders

[Yahoo/Bloomberg] Fed Slows Rate Hikes, Signals Further Increases Are Coming

[AP] Fed lifts rate by quarter-point but says inflation is easing

[Reuters] Fed delivers small rate hike, still anticipates 'ongoing increases'

[NYT] Fed Raises Rates at Slower Pace

[WSJ] The Fed Fights the Fed

[WSJ] Fed Slows Its Tightening With Quarter-Point Interest Rate Rise

[FT] Federal Reserve shifts to quarter-point rate rise but warns of more to come

Wednesday Afternoon Links

[CNBC] Fed raises rates by a quarter percentage point as it continues inflation fight

[Reuters] Dow falls more than 300 points after Fed raises rates, sees ‘ongoing’ hikes

[Yahoo/Bloomberg] Oil Slips as Growing Stockpiles Cushion Threat From Russia Ban

[Reuters] Adani calls off $2.5 billion share sale in major blow to Indian tycoon

[Reuters] Exclusive: Indian market regulator examining Adani share rout, source says

[Yahoo/Bloomberg] US Factory Gauge Falls for Fifth Month to Lowest Since May 2020

[Yahoo/Bloomberg] Morgan Stanley’s Equities Chief Sees Risk of Profit Letdowns Quickening

[FT] BREIT only met a quarter of January’s redemption request