Monday, July 24, 2023

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Muted as Earnings Torrent Intensifies: Markets Wrap 

[CNBC] Treasury yields climb as investors weigh interest rate decisions ahead

[Reuters] Oil prices steady near 3-month highs

[Yahoo/Bloomberg] Metals Buoyed by China Politburo But Actual Policy Still to Come

[Yahoo/Bloomberg] Wheat Hits Five-Month High After Russia Attacks Ukraine Port

[Yahoo/Bloomberg] Rice Risks Hitting Decade-High as Indian Curbs Rock Market

[Yahoo Finance] Home prices cement a rebound with 4 straight months of growth

[MW] Consumer confidence climbs to 2-year high as inflation slows and recession worries fade

[Reuters] No happy dance in the cards as Fed ponders resilient US economy

[Yahoo/Bloomberg] Too Many Bulls Put US Stock Rally at Risk, Citi Says

[Reuters] Russia talks of retaliation after 'Ukrainian drone strike' near Moscow army HQ

[Yahoo/Bloomberg] China’s ‘Dovish’ Politburo Flags Rate Cuts, Property Easing

[Yahoo/Bloomberg] China Names Pan Gongsheng as New Central Bank Governor to Revive Economy

[Reuters] China replaces foreign minister Qin after brief stint and weeks of speculation

[Yahoo/Bloomberg] BOJ Set to Stick With Easing as Markets See Clock Ticking on YCC

[Yahoo/Bloomberg] ECB Hiking Sends Corporate Loan Demand Down Most on Record

[Yahoo/Bloomberg] Panic Buyers Load Up on Rice Supplies as India Bans Exports

[Yahoo/Bloomberg] Hot Oceans Are Fueling Weather Disasters Around the World

[Bloomberg] Who Wants to Keep Hiking Rates and Who Doesn’t? Breaking Down the Fed’s Views

[Bloomberg] Wall Street Is Bracing for a Fresh Deluge of Treasury Bills

[NYT] China’s New Central Banker Once Fixed a Crisis. He May Need to Again.

[NYT] Russian Attack Threatens Even Alternative Routes for Ukrainian Grain

[WSJ] The World Tied $3.5 Trillion-Plus of Debt to Inflation. The Costs Are Now Adding Up.

[WSJ] Why the Fed Isn’t Ready to Declare Victory on Inflation

[WSJ] Russian Jet Fighter Damages U.S. Drone Over Syria

[FT] More US retirement savers feel ‘off track’, BlackRock survey shows

[FT] UK to run up highest debt interest bill in developed world

[FT] Bank of Japan must respond to increasingly sticky inflation

Monday Afternoon Links

[Reuters] Wall Street rises as Big Tech earnings, Fed decision loom

[Yahoo/Bloomberg] Oil Hits Three-Month High Amid Tighter Supplies, Refinery Outage

[Reuters] U.S. business activity growth slows as services soften

[Reuters] Russia talks of retaliation after 'Ukrainian drone strike' near Moscow army HQ

[Reuters] North Korea fires two missiles after U.S. submarine arrives in South

[Politico] China secretly sends enough gear to Russia to equip an army

[WSJ] Banks Are Going on a Diet

[WSJ] Bank Regulators Urge Flexibility in Commercial Real-Estate Loan Workouts as Defaults Grow

[FT] China leaders vow to boost ‘tortuous’ economic recovery