Sunday, May 28, 2023

Monday's News Links

[Yahoo/Bloomberg] Debt-Limit Deal Brings Relief Tinged by Caution: Markets Wrap

[Reuters] European shares slip, but debt ceiling deal buoys U.S. futures

[Yahoo/Bloomberg] Bear Market Looms for Chinese Equities as Investors Lose Faith

[Yahoo/Bloomberg] Turkish Lira Falls After Erdogan Wins Another Five Years in Power

[Reuters] Japan's Nikkei share average rises to highest since July 1990

[Reuters] Oil rises after US leaders strike provisional debt deal

[CNN] Biden and McCarthy lean on holdouts in both parties to pass debt ceiling deal

[Yahoo/Bloomberg] Key Takeaways From Biden-McCarthy Deal to Avert US Default

[AP] Takeaways on debt ceiling: McCarthy’s balancing act, Biden’s choice and the challenges ahead

[Politico] White House to Dems: The debt deal could have been a LOT worse

[Reuters] In the Market: Amid the calm, the Fed brews the next storm

[CNBC] Major central banks were expected to pause rate hikes soon. Now it’s not so clear cut

[Yahoo/Bloomberg] Ukraine Recap: Russia Strikes Air Base in Heavy New Bombardment

[Reuters] China urges Japan to halt export restrictions on chips

[Reuters] Japan aims to destroy any N.Korean missile after it warns of satellite launch

[WSJ] Biden, McCarthy Agree to Final Details of Debt-Ceiling Deal

[WSJ] Why Are Markets So Calm? It’s Revenge of the Quant Funds

[FT] Bank turmoil does not justify mission creep by deposit insurance

[FT] ETF share of US market turnover jumps to a record 31%

[FT] Surge in shopping crime costing US retailers millions of dollars

Sunday Evening Links

[Yahoo/Bloomberg] US Stock Futures, Asian Equities Rise on Debt Deal: Markets Wrap

[Reuters] Turkish lira slips as Erdogan claims victory

[Yahoo/Bloomberg] Traders Ready to Embrace Riskier Assets After Debt-Cap Deal

[AP] Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default

[The Hill] Biden, McCarthy face potential revolt over debt ceiling deal

[Reuters] McCarthy, Biden predict Congress will pass debt ceiling deal

[Reuters] US Representative Chip Roy says 'we're going to try' to stop debt ceiling deal

[Politico] Does the debt deal have enough GOP support? This Democratic senator says he’s worried.

[Politico] Here are the 6 must-know provisions of the new debt ceiling deal

[AP] Debt ceiling agreement gets thumbs up from biz groups, jeers from some on political right

[Yahoo Finance] Jobs report, AI hype in focus after debt ceiling deal: What to know this week

[Reuters] Turkey's Erdogan prevails in election test of his 20-year rule

[Reuters] Belarus official: West left us no choice but to deploy nuclear arms

[NYT] It’s ‘More Expensive to Live,’ and Workers Are Tapping 401(k)s for Help

[WSJ] Biden, McCarthy Work to Put Final Touches on Their Debt-Ceiling Deal

[FT] Republican leaders try to quell debt deal revolt as US counts down to default

[FT] Recep Tayyip Erdoğan extends rule into third decade with Turkish election victory

[FT] Food price inflation is proving stubbornly persistent

Sunday's News Links

[Reuters] Biden, McCarthy reach tentative US debt ceiling deal

[Yahoo/Bloomberg] Debt-Limit Deal Sets Up Tough Battle for Passage in Congress

[Reuters] McCarthy's next challenge: sell debt ceiling deal in Congress

[AP] Debt ceiling deal: What’s in, what’s out of the agreement to avert US default

[Yahoo/Bloomberg] Key Takeaways From Deal Biden, GOP Sealed to Avert US Default

[Reuters] Debt ceiling deal keeps non-defense spending roughly flat until fiscal 2024

[Reuters] Reaction: Biden, McCarthy debt ceiling deal

[Reuters] Russia unleashes 'largest' drone attack on Ukrainian capital ahead of Kyiv Day

[Yahoo/Bloomberg] Erdogan Seeks to Seal Victory in Runoff for Turkish Presidency

[Reuters] Erdogan positioned to extend rule in Turkey runoff election

[Yahoo/Bloomberg] The Frantic Push to Solve Sovereign Debt Crises Irks Wall Street

[WSJ] What’s in the Debt-Ceiling Deal

[FT] US debt crisis: Joe Biden gets the deal done but at a cost