Thursday, June 22, 2023

Friday's News Links

[Yahoo/Bloomberg] US Stocks Slide as Investors Seek Safety in Bonds: Markets Wrap

[Reuters] Rate worries, stalling economies cast pall over stock markets

[Reuters] Turkey's lira sinks to record low after unconvincing rate hike

[Yahoo/Bloomberg] Yen Traders on Verbal Intervention Watch as Weakness Extends

[Yahoo/Bloomberg] Oil Sags for Second Day After Federal Reserve Signals Hikes

[Yahoo/Bloomberg] US Business Activity Growth Cools as Manufacturing Weakens

[Reuters] Analysis: With U.S. labor tight, union workers make bolder contract demands

[Yahoo/Bloomberg] BofA Says Investors Are Fleeing Tech Stocks After ‘Baby Bubble’

[Yahoo/Bloomberg] Big VC, Tech Got Backstop for Billions in Uninsured SVB Deposits

[Yahoo/Bloomberg] Japan’s Inflation Outpaces Forecast Amid Focus on BOJ Price View

[Reuters] Japan's inflation stays above BOJ target, key gauge hits 42-year high

[Reuters] Deepening economic pain leaves ECB in policy dilemma

[Yahoo/Bloomberg] Euro-Zone Activity Almost Stalls as Recession Rebound Fades

[Reuters] Beijing steps up hot weather alert to highest level

[Bloomberg] BofA Strategist Says UK Is ‘Stagflationary Sick Man of Europe’

[Bloomberg] The World’s Empty Office Buildings Have Become a Debt Time Bomb

[FT] Central banks’ battle with inflation enters a new phase of ‘pain’

[FT] US-listed ETFs enjoy $40bn bonanza in just one week

[FT] Eurozone economy has slowed sharply, business survey shows

[FT] German house prices fall by record 6.8% as higher mortgage costs deter buyers

Thursday Evening Links

[AP] UK recession fears mount after Bank of England hikes borrowing rates by more than expected

[Yahoo/Bloomberg] Mexico Holds Key Interest Rate at 11.25% as Inflation Slows

[WSJ] Higher Interest Rates Hit Home Prices Again

[FT] US government bonds under pressure as Fed chair warns of more rate rises

[FT] UK mortgage borrowers face greater pain as BoE raises rates

Thursday Afternoon Links

[Reuters] Nasdaq, S&P 500 gain as Powell wraps up testimony

[Yahoo/Bloomberg] Bond Yields Climb on Hawkish Central Bank Warnings: Markets Wrap

[Yahoo/Bloomberg] Rate Hikes Echo Around the World as Inflation Proves Unrelenting

[Yahoo/Bloomberg] Oil Sinks as Hawkish Fed Spooks Investors, Overshadows EIA Data

[Reuters] Fed's Powell says rate hikes will come at a "careful pace" from here

[Yahoo/Bloomberg] US Home Resales Barely Rise as Inventory Constraints Worsen

[Yahoo/Bloomberg] Traders Bet BOE Is Far From Done After Surprise Half-Point Hike

[CNBC] New technologies hurt car quality as EV brands fare poorly, J.D. Power says

[AP] Nearly half of US honeybee colonies died last year. Struggling beekeepers stabilize population