Tuesday, February 7, 2023

Wednesday's News Links

[Yahoo/Bloomberg] US Stocks Retreat; Oil Extends Gain: Markets Wrap

[Reuters] Istanbul bourse suspends trading after main index drops 7%

[Yahoo/Bloomberg] Oil Rises After Powell’s Remarks and Signs of Tightening Supply

[Yahoo/Bloomberg] Nasdaq’s 2023 ‘Junk Rally’ Flies in the Face of Risky Backdrop

[Reuters] Morning Bid: Powell confesses 'This time it's different'

[CNBC] Mortgage refinance demand jumps 18% as interest rates drop for the fifth straight week

[Yahoo/Bloomberg] Quake Latest: Death Toll Over 11,000; $35 Billion Stock Rout

[Reuters] Gautam Adani’s woes were in banks' plain sight

[Yahoo/Bloomberg] Kuroda Leaves Wild Distorted Bond Market for Next BOJ Governor: In Charts

[Reuters] Japan's Kishida says global communication skills key criteria for picking new BOJ head

[Yahoo/Bloomberg] Biden Taunts China’s President Xi Days After Balloon Shootdown

[Reuters] Analysis: Brazil central bank autonomy becomes political punching bag for Lula

[Bloomberg] Surprise Used-Car Price Jump Adds to Fed’s Inflation Worries

[WSJ] Chinese Consumers Hoard Cash After Confidence Takes a Hit

[FT] Joe Biden warns China over threats to US sovereignty in State of the Union address

[FT] Wall Street finds it easier to raise money despite rising interest rates

[FT] Credit Suisse at a make-or-break moment

[FT] Peru unrest threatens copper supply

Tuesday Evening Links

[Yahoo/Bloomberg] Wall Street Goes Risk-On Without Powell’s Pushback: Markets Wrap

[Reuters] Wall Street rallies but trade choppy as investors digest Powell comments

[AP] Fed’s Powell: Strong hiring could force further rate hikes

[Yahoo/Bloomberg] Quant Funds Shed Billions as Wall Street’s Hottest Trends Falter

[Yahoo Finance] Credit card balances continued to grow in December, Fed report shows

[Yahoo/Bloomberg] North Dakota's Bakken Shale Field Is Holding Back Oil Output

[Yahoo/Bloomberg] Ukraine Latest: US Plans to Sell Himars, Ammunition to Poland

[Reuters] Rescuers dig through rubble as Turkey-Syria quake death toll passes 7,800

[AP] Fears grow for untold numbers buried by Turkey earthquake

[NYT] America’s Trade Deficit Surged in 2022, Nearing $1 Trillion

[WSJ] Fed’s Jerome Powell Braces for Longer Inflation Fight Amid Hiring Surge

[FT] Fed chair warns of even higher rates if jobs data stays strong

Tuesday Afternoon Links

[Yahoo/Bloomberg] Tech Drives Stock Gains as Traders Weigh Powell: Markets Wrap

[Reuters] Wall Street gains on Powell comments

[Reuters] Fed's Powell says job strength shows inflation fight may last 'quite a bit of time'

[Reuters] Powell: Jobs report was stronger than expected but shows why this will be a long process

[Reuters] Turkish president declares emergency as Turkey-Syria quake death toll passes 7,200

[Yahoo/Bloomberg] Quake Latest: Turkey Declares Emergency Rule as Death Toll Jumps