Thursday, August 3, 2023

Friday's News Links

[CNBC] Stock rise as investors weigh Big Tech earnings, key jobs data: Live updates

[Yahoo/Bloomberg] Oil Heads for Sixth Weekly Gain After Saudis, Russia Extend Cuts

[Yahoo/Bloomberg] Wheat Gains After Ship Attack Temporarily Shut Russian Port

[Yahoo/Bloomberg] Food Prices Pick Up as Trade Tensions, Extreme Weather Flare

[CNBC] The U.S. economy added 187,000 jobs in July, less than expected

[Reuters] Global money market funds see largest inflows since March amid US downgrade, economic woes

[Reuters] US businesses hoarding workers even as economy cools

[Yahoo/Bloomberg] Debt-Burdened World Leaders Love to Hate Ratings Companies

[Yahoo/Bloomberg] Canada’s Economy Sheds Jobs But Wage Growth Stays High

[Reuters] Ukraine attacks Russian navy base near Novorossiysk

[Reuters] Exclusive: Russia doubles 2023 defence spending plan as war costs soar

[Yahoo/Bloomberg] PBOC Chief Meets With Property Developers, Vows Funding Help

[Reuters] China's stubborn savers risk precipitating liquidity trap

[Yahoo/Bloomberg] China Regulator Asks Banks for More Currency Trading Data, Sources Say

[Yahoo/Bloomberg] Japan’s Fiscal Plight Draws Scrutiny After BOJ Tweak to YCC

[Yahoo/Bloomberg] ECB Says Underlying Inflation in Euro Zone Probably Peaked

[WSJ] Inflation Is Cooling. Food Inflation Could Get Worse.

[WSJ] China Has Become a Strain on Private-Equity Firms

[FT] Looking for trouble in Treasuries

[FT] AI frenzy tests Big Tech’s newfound cost discipline

[FT] Chinese deal activity in US slumps to lowest level in 17 years

Thursday Evening Links

[Yahoo/Bloomberg] Bond Market Confronts Risk of Pivotal US Jobs Report 

[Reuters] Wall Street closes near flat as Treasury yields surge

[Yahoo/Bloomberg] Oil Gains as Saudis Extend Output Cut, Hint at Deeper Reduction

[Yahoo/Bloomberg] Brazil’s Real Slumps Most Since November on Bold Rate Cut

[Yahoo/Bloomberg] Treasury’s Ramp Up in Bill Sales Triggers Supply Digestion Fears

[Yahoo/Bloomberg] Pristine AAA Bond Universe Just Got a Whole Lot Smaller