Monday, May 8, 2023

Tuesday's News Links

[Yahoo/Bloomberg] Stocks and Oil Fall on Weak China Data; SBB Sinks: Markets Wrap

[Reuters] Gold gains with debt ceiling and inflation in spotlight

[Yahoo/Bloomberg] PacWest Resumes Selloff as Battered Regional Bank Stocks Slide

[Yahoo/Bloomberg] Oil Drops After Two-Day Surge as China Clouds Demand Outlook

[Reuters] Biden, McCarthy start debt ceiling talks as clock ticks to default

[Yahoo Finance] Watch for these 5 signals from the White House debt-ceiling talks

[Reuters] What to watch for in the Biden-McCarthy debt ceiling meeting

[Reuters] US small business optimism deteriorates in April, NFIB says

[Reuters] China's shrinking imports, slower exports growth heap pressure on economy

[Yahoo/Bloomberg] Police Raid Consulting Firm as China Starts Anti-Spy Campaign

[Reuters] Japan's spending downturn, wages decline heighten pressure on economy

[Yahoo/Bloomberg] Japan Real Wages Drop for 12th Straight Month, as BOJ, Kishida Scrutinize Pay

[Reuters] ECB may need to raise rates for longer than anticipated: Kazimir

[Reuters] Putin says a 'real war' is being waged against Russia in Victory Day speech

[Bloomberg] Jerome Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says

[Bloomberg] Wanda in Talks With Banks on Loan Relief as Challenges Mount

[WSJ] Bonds Backed by Apartments Are Under Stress as Housing Market Cools

[WSJ] China Finally Has a Rival as the World’s Factory Floor

[NYT] Financial Stability Experts at the Fed Turn a Wary Eye on Commercial Real Estate

[FT] US lenders warned that commercial property is ‘next shoe to drop’

[FT] Weak Chinese demand pushes iron ore prices to five-month low

[FT] Vladimir Putin defiant over Ukraine war as Russia celebrates Victory Day

[FT] Turkey election: Erdo─čan faces his greatest challenge yet

Monday Evening Links

[Yahoo/Bloomberg] Asian Stocks Poised for Mixed Open; Dollar Steady: Markets Wrap

[Yahoo/Bloomberg] US Stocks Edge Higher as Recession Odds Chewed: Markets Wrap

[Reuters] Banks tighten credit terms, see loan demand drop, Fed survey shows

[Yahoo/Bloomberg] Fed Says First-Quarter Loan Standards Tightened, Demand Weakened

[Reuters] Yellen says 'no good options' if Congress fails to raise debt ceiling

[Reuters] Yellen is calling CEOs personally to warn on US debt ceiling, sources say

[Yahoo/Bloomberg] Fast-Money Quants, Human Traders Most Split on Stocks Since 2019

[Yahoo/Bloomberg] Wildfires Rage Across Canada’s Gas Heartland, Shutting Output

[WSJ] Federal Spending Soars, Revenue Falls

[FT] Federal Reserve warns of credit crunch risk after US bank turmoil

[FT] China raids multiple offices of international consultancy Capvision

Monday's News Links

[Yahoo/Bloomberg] Stocks Mixed as Traders Assess Policy Path: Markets Wrap

[Yahoo/Bloomberg] PacWest Leads Rally in Regional Banks After Slashing Dividend

[Reuters] Gold firms, traders look to U.S. inflation data for Fed policy path

[Yahoo/Bloomberg] Oil Kicks Off Week Higher as Traders Focus on Demand Factors

[Reuters] Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms

[Yahoo/Bloomberg] China’s Debt-to-GDP Ratio Rises to Record 279.7% on Credit Boom

[Reuters] Russia launches mass strikes on Ukraine ahead of May 9 Victory Day holiday

[Reuters] Ukraine says Russia has effectively stopped Black Sea grain deal

[Reuters] German industrial output slumps, recession fears rise

[Yahoo/Bloomberg] Sweden’s Property Crunch Worsens After SBB Gets Junk Rating

[Yahoo/Bloomberg] World Markets Face ‘Minsky Moment’ Danger, Allianz Says

[Yahoo/Bloomberg] Hedge Funds Face Into Bank Turmoil With Epic Short Treasury Bets

[NYT] In Debt Limit Talks, Biden and Republicans Start Far Apart

[WSJ] Chinese Foreign Minister Scolds U.S. Envoy Over Taiwan

[FT] Political calculus complicates path to US debt ceiling deal

[FT] German recession fears resurface as factory output falls