Tuesday, February 28, 2023

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Post Muted Gains as Rate Rethink Saps Bulls: Markets Wrap

[Yahoo/Bloomberg] Chinese Stocks Rebound After Terrible Month on Upbeat Data

[Reuters] Dollar slides, yuan gains on China PMI; hot inflation lifts euro

[Yahoo/Bloomberg] Oil Reverses Gains as Traders See Central Banks Staying Hawkish

[Reuters] U.S. manufacturing sector contracts in February -ISM

[CNBC] Mortgage demand from homebuyers drops to a 28-year low

[Reuters] U.S. mortgage interest rates remain at highest level since November - MBA

[Reuters] Investors pull around $6 billion out of Binance's stablecoin

[Yahoo/Bloomberg] Fading Hopes of a Fed Cut Wipes Record $327 Billion From Bonds

[Reuters] China's factory activity stuns with fastest growth in a decade

[Yahoo/Bloomberg] China’s Economy Shows Strong Recovery as Covid Zero Era Ends

[AP] New China committee debuts, warns of ‘existential struggle’

[Reuters] Xi's planned revival of Chinese financial watchdog exerts more party control

[Reuters] Japan factory activity shrinks the most in 2-1/2 years

[Reuters] UK house prices fall by most since 2012, mortgage approvals drop

[Reuters] Germany home prices to sink nearly 6% this year

[Reuters] Hedge funds that did best in 2022 could fare worst in 2023 – BNP

[Reuters] Taiwan reports 19 Chinese air force planes in its air defence zone

[CNN] Putin ally Lukashenko meets Chinese leader Xi Jinping in Beijing

[Yahoo/Bloomberg] India Forecasts Heat Waves After the Hottest February Since 1901

[Bloomberg] German Inflation Unexpectedly Quickens in Fresh Blow for ECB

[WSJ] Chinese Weapons Could Sustain Russia’s War Effort in Ukraine

[FT] Bundesbank warns losses from bond purchases will wipe out buffers

[FT] Global economy: will higher wages prolong inflation?

[FT] BoJ finally corners 10-year JGB market

Tuesday Evening Links

[Yahoo/Bloomberg] S&P 500 Wraps Up Turbulent Month Near Lows of Day: Markets Wrap

[Reuters] Wall Street closes out weak February as Fed concerns remain

[Reuters] US companies rush to issue corporate debt, busiest February ever

[AP] US economy sending mixed signals: Here’s what it all means

[Reuters] US consumer confidence retreats, house price inflation cools further

[Reuters] Russian forces hammer Ukraine's Bakhmut in quest for breakthrough in war

[Bloomberg] Fed’s Goolsbee Says It’s a Mistake to Rely Too Much on Market Reaction

[Bloomberg] Americanas Fallout Fuels Painful Rout in Brazil Corporate Debt

Tuesday Afternoon Links

[Yahoo/Bloomberg] Stocks Oscillate on Rate Warnings; Bonds Pare Drop: Markets Wrap 

[CNBC] 10-year Treasury yield hits highest level since November

[Yahoo/Bloomberg] Oil Jumps as Sanctions Against Russia Ensnare More Buyers

[CNBC] Home price gains weakened sharply to end 2022, according to S&P Case-Shiller

[Reuters] U.S. house price inflation cools further in December