Thursday, July 20, 2023

Friday's News Links

[Yahoo/Bloomberg] Tech Stocks Pare Rebound; Treasuries Rise: Markets Wrap

[Reuters] Oil climbs, fuelled by tighter supplies, China stimulus

[Reuters] US banks' second quarter earnings: the results in charts

[The Hill] UPS strike would trigger pandemic-era supply chain issues, expert says

[Reuters] Russia hits Ukraine's grain for fourth day, practises seizing ships

[Yahoo/Bloomberg] BOJ Sees Little Need to Act on Yield Control for Now, Sources Say

[Reuters] Bank of Japan leaning towards keeping yield control steady next week, sources say

[Yahoo/Bloomberg] Japan Price Growth Accelerates Ahead of BOJ Inflation Update

[Reuters] Japan's inflation may have peaked, no imminent change seen to BOJ policy

[Yahoo/Bloomberg] Japan Bond Investors See Turbulence That Defies Ueda’s View

[Yahoo/Bloomberg] Japan Insurers With $2.7 Trillion Still Keen to Invest Overseas

[Reuters] China's steps to boost sales of cars, electronics disappoint market

[Yahoo/Bloomberg] ECB’s High-for-Longer Rate Plan Fails to Convince Economists

[Yahoo/Bloomberg] Extreme Heat, Weather Conditions Attributed to Stagnant Jet Stream

[Reuters] Extreme heatwaves to continue through August, WMO adviser says

[WSJ] Where Heat Waves Lead, Food Inflation Will Follow

[WSJ] U.S. Sending More Warships, Marines to Middle East Amid Rising Tensions With Iran

[WSJ] Beijing Rushes to Shore Up Battered Private Economy. Skepticism Abounds.

[FT] Trapped or nationalised: walls close in on western businesses in Russia

[FT] Climate change turns up the heat on supply chains

Thursday Evening Links

[Reuters] Dollar gains, stocks fall as US data suggests rates to stay higher

[Yahoo/Bloomberg] Private Debt Firms Roil Asset-Based Loans as Liquidity Heroes

[Reuters] Russia bombs Ukraine ports, threatens ships, as Kyiv deploys cluster munitions

[Reuters] India imposes major rice export ban, triggering inflation fears

[Yahoo/Bloomberg] BOJ Won’t Tweak Yield Control Next Week, Former Finance Official Says

[Yahoo/Bloomberg] Currency Devaluations Touted by IIF to Aid Troubled Economies

[Bloomberg] America Is Barreling Toward a Summer of Strikes

[NYT] Why Heat Waves Are Deepening China’s Addiction to Coal

[WSJ] The Post-Covid Spending Spree’s Stealthy Economic Stimulus

Thursday Afternoon Links

[Yahoo/Bloomberg] Tech, Bonds Falter After Earnings Miss, Jobs Data: Markets Wrap

[CNBC] June home sales drop to the slowest pace in 14 years as short supply chokes the market

[Reuters] US labor market still tight; housing market slump persists

[Reuters] Factbox: From heat wave to thunderstorms, third of U.S. to see extreme weather

[Reuters] Top rice exporter India bans most shipments as late monsoon hits crop

[Reuters] Exclusive: Struggling German property firms appeal to Berlin for multi-billion boost

[WSJ] Facing Big Storm Losses, Insurers Aim to Boost Rates

[FT] When US safety nets undercut the financial system

[FT] Jet stream pattern and ‘heat domes’ fuel soaring temperatures around globe

Thursday's News Links

[Yahoo/Bloomberg] Nasdaq Slumps as Netflix Dents Tech Shine: Markets Wrap

[Yahoo/Bloomberg] Wheat Soars After US Warns of Explosives at Ukrainian Sea Ports

[Reuters] Dollar steadies after one-two punch from Aussie, Chinese yuan

[Reuters] Exclusive: China's state banks seen selling dollars offshore to slow yuan declines - sources

[Yahoo/Bloomberg] China Ramps Up Yuan Support With Fixing, Borrowing Measure Tweak

[Reuters] Column: US grain futures make biggest strides since onset of Ukraine war

[Yahoo/Bloomberg] Oil Holds Near $80 as US Stockpile Drop Offsets Demand Worries

[Reuters] US weekly jobless claims unexpectedly fall

[Yahoo/Bloomberg] Fed Seen Hiking Final Time to a 22-Year Peak in Economist Survey

[Reuters] Analysis: Fed's top regulatory official faces uphill battle to overhaul bank capital

[Reuters] Fed set to launch long-awaited instant payments service, modernizing system

[Reuters] Russia bombards Ukraine ports, threatens ships, jolting world grain markets

[Reuters] China keeps lending benchmarks unchanged; economic weakness tests policymakers

[Yahoo/Bloomberg] China Mulls Mortgage Easing to Spur Homebuying in Big Cities

[Yahoo/Bloomberg] Xi’s Big Private-Sector Push Runs Into Wall of Skepticism

[Yahoo/Bloomberg] China Swallows Record Flows of Russian Oil and Coal as War Drags

[Reuters] China says its 'priority' is to stop Taiwan VP visiting US next month

[Yahoo/Bloomberg] Turkey Slows Pace of Rate Hikes in Shift That Imperils Lira

[Reuters] Global hedge funds ditch losing trades after failing to beat the MSCI - Goldman

[Bloomberg] Selloffs, Inequality, China Tension: Here Are the Next Big Risks

[Bloomberg] Evergrande Creditors Seized a $1.6 Billion Tower They Can’t Sell

[Bloomberg] Nadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock Boom

[WSJ] In Europe, Far Right is Gaining Influence. Spain Could Be Next.

[FT] China’s billionaires back Xi Jinping’s plan to restore economy

[FT] TSMC warns of deepening chip slump as AI boom fails to offset economic woes

[FT] Deal-driven hedge funds struggle as mergers hit regulatory roadblocks