Sunday, March 26, 2023

Monday's News Links

[Yahoo/Bloomberg] Stocks Rise as Banks Rally; Treasuries Dip: Markets Wrap

[Yahoo/Bloomberg] Deutsche Bank Bounces as Analysts Reassure on Financial Health

[CNBC] First Republic rebounds by 25% on Monday to lead regional bank comeback

[Yahoo/Bloomberg] Oil Extends Weekly Gain as Traders Look for Clues on Economy

[Reuters] First Citizens agrees to acquire failed Silicon Valley Bank

[Reuters] How First Republic's courtship of the wealthy led to meltdown

[Yahoo/Bloomberg] Banking Crisis Raises Concerns About Hidden Leverage in the System

[Yahoo/Bloomberg] Morgan Stanley Strategist Says Earnings Are Next Risk to Equities

[Reuters] ANZ CEO says banking turmoil has potential to trigger financial crisis

[Yahoo/Bloomberg] China Central Government Is Borrowing at Fastest Pace on Record

[Reuters] China's industrial profits slump deepens on soft demand, high costs

[CNBC] China’s debt-heavy local governments look for new ways to raise cash

[Reuters] Largest strike in decades brings Germany to a standstill

[Reuters] In inflation-hit Germany, massive strike over pay to cripple transport

[Yahoo/Bloomberg] Schnabel Pushed for ECB Statement to Say More Hiking Possible

[Reuters] North Korea fires ballistic missile off its east coast, South Korea's military says

[The Hill] How the world is responding to Putin’s threat of nukes in Belarus

[NYT] Silicon Valley Bank’s Collapse Chills Start-Up Funding

[WSJ] Americans Pull Back From Values That Once Defined U.S., WSJ-NORC Poll Finds

[WSJ] What’s Going On at Deutsche Bank?

[WSJ] Eurozone Banks Cut Lending Even Before Latest Financial Turmoil

[WSJ] Russia Supplies Iran With Cyber Weapons as Military Cooperation Grows

[FT] China’s economic rebound weaker than expected, warns Maersk

[FT] The cloud over China’s entrepreneurs raises capital flight risk

Sunday Evening Links

[CNBC] Stock futures are up as Wall Street looks to build on winning week: Live updates

[Yahoo/Bloomberg] Investors Brace for Another Week of Volatility as Mad March Ends

[Reuters] Banking stress puts U.S. and Europe on watch for credit crunch

[Reuters] As banking sector confidence falters, central banks called on to do more

[Yahoo/Bloomberg] Ukraine Latest: Russia Says Drone Strikes Town South of Moscow

[Reuters] NATO criticises Putin for 'dangerous and irresponsible' nuclear rhetoric

[WSJ] U.S. Bank Failures Pose Risk to Global Growth

[WSJ] For the First Time, the Fed Is Losing Money

[FT] Money market funds swell by over $286bn as investors pull deposits from banks

Sunday's News Links

[Reuters] US mulls more support for banks while giving First Republic time - Bloomberg News

[Yahoo/Bloomberg] Corporate Debt Becomes Market of Haves, Have-Nots: Credit Weekly

[Yahoo/Bloomberg] Fed’s Preferred Inflation Gauge Seen Staying Elevated

[Reuters] Credit Suisse accessed billions in liquidity last weekend, Swiss finance minister says

[Reuters] IMF says risks to financial stability have increased, calls for vigilance

[Reuters] Ukraine slams Putin plan to station Russian nuclear weapons in Belarus

[Reuters] Putin says Moscow to place nuclear weapons in Belarus, US reacts cautiously

[WSJ] Where Financial Risk Lies, in 12 Charts

[WSJ] What’s Going On With First Republic Bank?

[WSJ] How Options-Hedging Turbocharged Oil Volatility

[WSJ] Mideast Challenges Mount for U.S. as Its Forces Come Under Renewed Fire

[FT] A devastating impact’: SVB’s collapse leaves start-ups with a funding hole

[FT] Jay Powell and Janet Yellen struggle to calm nerves in banking crisis

[FT] The unstoppable rise of government rescues

[FT] Japanese banks take post-SVB hit over bond fears

[FT] Rules for winding up big banks do not work, Swiss finance minister warns

[FT] Russia embraces China’s renminbi in face of western sanctions

[FT] China’s richest county suffers export slump as US tension hits factories