Monday, July 10, 2023

Tuesday's News Links

[Yahoo/Bloomberg] China Stimulus Lifts Stocks Despite Rates Warnings: Markets Wrap 

[Yahoo/Bloomberg] Oil Steadies as China Takes Steps to Revive Ailing Economy

[Yahoo/Bloomberg] Bond Vigilantes Are Calling the Shots in Emerging Markets Now

[Reuters] Small business confidence reaches 7-month high in June, NFIB says

[Yahoo/Bloomberg] CLO Market Set for $20 Billion Reset Spree in Sign of Thawing

[The Atlantic] It Turns Out That the Debt Matters After All

[CNN] Intense storms leave Northeast streets flooded, force evacuations and close downtown in Vermont’s capital

[Reuters] UK wage growth matches record high but job market shows signs of cooling

[Yahoo/Bloomberg] Hot UK Job Market Keeps Spotlight on Bank of England Rate Hikes

[CNBC] Mortgage rates in Britain hit 15-year high — with many fearful there’s more misery to come

[Yahoo/Bloomberg] China Loan Growth Picks Up After Rate Cut to Boost the Economy

[Yahoo/Bloomberg] China Signals More Economic Aid After Property Debt Relief

[Yahoo/Bloomberg] China’s $77 Billion Bank Rout Shows Who Pays Price for Rescues

[Yahoo/Bloomberg] China Can Borrow More to Revive Economy, Ex-PBOC Official Says

[Yahoo/Bloomberg] Heat in China’s Sichuan Hits Power as Metals Output Fears Grow

[Reuters] Analysis-Japan's changing views on price hikes open door for BOJ policy tweak

[Yahoo/Bloomberg] Heat Wave Baking Europe Disrupts Energy and Transport Networks

[Yahoo/Bloomberg] German Investor Outlook Sours Further in Sign of Muted Outlook

[Reuters] NATO summit seeks agreement on Ukraine bid after Turkey deal on Sweden

[Reuters] Indonesia seizes Iranian-flagged tanker suspected of illegal oil transfer

[Bloomberg] Stress Is Building in China’s $12 Trillion Onshore Credit Market

[NYT] The Fed’s Vice Chair for Supervision Suggests Big-Bank Regulation Changes

[WSJ] Historic Rate Increases Leave Some on Wall Street Wanting More

[WSJ] Deal Activity Slumps as Pricing Proves to Be a Sticking Point

[WSJ] Manhattan Luxury Real-Estate Market Heats Up

[WSJ] Is China Mired in a ‘Balance Sheet Recession’?

[WSJ] China’s Reopening Trade Is Fizzling Out

[FT] Taiwan plans massive safety drill to practise for possible China attack

Monday Evening Links

[Yahoo/Bloomberg] ‘Priced for Perfection’ Stocks Stay in Tight Range: Markets Wrap

[Yahoo/Bloomberg] Oil Falls as Light Summer Trading Hardens Technical Resistance

[Yahoo/Bloomberg] US Consumer Borrowing Rises at Slowest Pace Since Late 2020

[CNBC] Home prices are hitting new highs again, as high rates put the squeeze on supply

[Yahoo/Bloomberg] Cash Is Back in a Big Way as Hawkish Fed Bets Hammer Junk-Bond ETFs

[Reuters] Fed plans to boost US banks' reserve requirements; industry gripes

[Reuters] Column: China flexes critical metals muscles with export curbs

[Reuters] Global hedge funds shine in June, driven by AI -HFR

[Reuters] Flash floods rage in Vermont, New York; one dead, damages over $3 bln

[Reuters] Antarctic ice levels undergo 'massive decrease', data shows

Monday Afternoon Links

[Reuters] Wall St kicks off week higher ahead of inflation numbers

[Yahoo/Bloomberg] Oil Swings as Technical Resistance Looms Over Last Week’s Rally

[Yahoo/Bloomberg] Fed Officials Say Higher Interest Rates Are Needed to Reach 2% Inflation Goal

[Reuters] Fed's Mester: More hikes needed to bring inflation back down to target

[Reuters] Fed's Daly: two more rate hikes likely needed this year

[Yahoo/Bloomberg] Fed’s Barr Says There’s a Bit More Work to Do to Curb Inflation

[Yahoo/Bloomberg] Big Banks Face Higher Capital Requirements From US Regulators

[Reuters] Citigroup downgrades US stocks amid recession risks, upgrades Europe

[Yahoo/Bloomberg] Used-Car Prices Fall by the Most Since the Start of the Pandemic

[Reuters] Bank of England's Bailey vows to 'see the job through' on inflation