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Wednesday, June 7, 2023

Thursday's News Links

[Yahoo/Bloomberg] Stocks Waver in Cautious Trading as Tech Falters: Markets Wrap

[Yahoo/Bloomberg] Bonds Everywhere Are Suffering as Rate-Hike Fears Swamp Traders

[Reuters] Shares stall as bond markets reprice rate expectations

[Dow Jones] Jobless claims leap to 21-month high of 261,000

[Reuters] Analysis: US SEC Coinbase, Binance crackdown puts crypto exchanges on notice

[Yahoo/Bloomberg] McCarthy Sends Lawmakers Home, Cites Hard-Liner Blockade ‘Chaos’

[Yahoo Finance] Small caps are the latest 'pain trade' putting the hurt on Wall Street: Morning Brief

[Reuters] Wildfires burn across Canada with little relief in sight

[Yahoo/Bloomberg] New York City Could Be in for a Smoky Summer as Wildfires Rage

[Yahoo/Bloomberg] Turkey State Lenders Return to Lira’s Defense After Sharp Drop

[Reuters] Euro zone slips into recession after Germany, Ireland revisions

[Yahoo/Bloomberg] China’s State Banks Cut Deposit Rates to Bolster Economy

[Reuters] Chinese regulators try to assure sceptical foreign financiers

[Yahoo/Bloomberg] China Funds Told to End Real-Time Pricing as Soon as Mid-June

[Yahoo/Bloomberg] Japan’s Economy Grows Faster Than Estimated Amid Election Talk

[Reuters] Japan upgrades Q1 GDP as businesses spending picks up

[Reuters] Taiwan activates air defence as China aircraft enter zone

[WSJ] Chinese Junk Bonds Are Back on the Trash Heap

[WSJ] China’s Lost Generation

[NYT] Binance Moved Billions Through Two U.S. Banks, Regulators Say

[FT] US to link up with Taiwan and Japan drone fleets to share real-time data