Monday, February 27, 2023

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Advance on Earnings Beats; Bonds Slump: Markets Wrap

[Yahoo/Bloomberg] Oil Heads for Fourth Monthly Drop as Fed Angst Eclipses China

[Yahoo/Bloomberg] Powell’s Debt-Limit Alarm Echoes Stealth Lobbying Effort in 2011

[Reuters] Fed might raise policy rates to 6% - BofA

[Yahoo/Bloomberg] More US Homebuyers Are Paying in Cash, Sweeping a Majority of Sales in Some Markets

[Reuters] Russians tighten noose on Ukraine's Bakhmut, situation 'extremely tense'

[Yahoo/Bloomberg] Ukraine Latest: Russia Blames Kyiv for Black Sea Drone Attacks

[AP] Flurry of drone strikes hits Russia as TV, radio are hacked

[Reuters] Incoming BOJ deputy head brushes aside near-term tweak to easy policy

[Reuters] Japan's factory output posts biggest fall in 8 months on weak autos, chips sectors

[AP] New China committee debuts with eye on major policy shift

[Yahoo/Bloomberg] World’s Biggest Chemical Firm Says China Demand Yet to Recover

[Yahoo/Bloomberg] US Hedge Funds’ Selling of Chinese Stocks Picks Up in February

[Yahoo/Bloomberg] China Tightens Scrutiny of Private Funds in Major Rule Overhaul

[Yahoo/Bloomberg] Evergrande Fails to Win Creditors’ Support as Key Dates Loom

[Bloomberg] Apple Suppliers Are Racing to Exit China, AirPods Maker Says

[WSJ] Russia Turns to China’s Yuan in Effort to Ditch the Dollar

[WSJ] Battery Metal Prices Fall Back to Earth

[WSJ] New Home Sales in China Pick Up After a Long Slump

[WSJ] Pimco Is Saddled With a $1.7 Billion Default in Office-Market Meltdown

[FT] Rising inflation in France and Spain fuels fears of more ECB rate increases

Monday Afternoon Links

[Reuters] Wall Street climbs after worst weekly selloff of 2023

[Reuters] Oil futures slip 1% on worries about more U.S. interest rate hikes

[Reuters] Fed's Jefferson: "No illusion" inflation fight will be quick

[Reuters] U.S. pending home sales post largest gain in 2-1/2 years in January

[AP] 2023 US recession now expected to start later than predicted

[Reuters] 'New chapter': UK PM Sunak strikes Northern Ireland deal with EU

[FT] Trafigura: the 10-day unravelling of an alleged $500mn fraud