Thursday, August 17, 2023

Friday's News Links

[Yahoo/Bloomberg] Global Stocks Heading for Worst Week Since March: Markets Wrap

[Yahoo/Bloomberg] China Gloom Fuels One of Worst Weeks of Year in Global Credit

[Yahoo/Bloomberg] China Targets Yuan Bears With Most Forceful Fixing Guidance Ever

[Yahoo/Bloomberg] Oil Heads for Weekly Loss as China Concerns and Rate Angst Flare

[Reuters] Bitcoin drops to new two-month low as world markets sell off

[Yahoo/Bloomberg] Bitcoin Calm Shatters With Sudden Tumble, Mass Liquidations

[Yahoo/Bloomberg] Economists Lift US Growth Forecasts, See Fed Higher for Longer

[Yahoo/Bloomberg] China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis

[Yahoo/Bloomberg] China’s State Developers Warn of Losses as Crisis Spreads

[Reuters] China unveils measures to revive stock market

[Reuters] Japan's core inflation eases, bolstering view BOJ will stand pat

[Yahoo/Bloomberg] A $2.6 Trillion Cash Pile From Japan Boosts Private Credit

[Reuters] Fukushima water release poses early test for Japan-South Korea unity

[Reuters] Ukrainian drone damages building in Moscow disrupting air traffic, Russia says

[Reuters] Russian, Chinese navy ships jointly patrol Pacific - Russia's defence ministry

[AP] China blasts US-Japan-South Korea summit, warns of ‘contradictions and increasing tensions’

[Bloomberg] Chinese Banks Challenged as Economy Wobbles and Property Market Woes Mount

[NYT] China’s Troubles Rattle Global Stocks and Drag Hong Kong Into Bear Market

[NYT] How Geopolitics Is Complicating the Move to Clean Energy

[WSJ] Investors Fear China’s ‘Lehman Moment’ Is Looming

[WSJ] Is China’s Data Manipulated, or Flawed? Maybe Both

[FT] China’s central bank steps up defence of renminbi

Thursday Evening Links

[Yahoo/Bloomberg] Big Tech Logs Worst Three-Day Drop Since February: Markets Wrap

[Yahoo/Bloomberg] Yuan Traders on Watch for Strongest Ever Fix Guidance From China

[Reuters] Bitcoin falls 7.2% to $26,634

[Yahoo/Bloomberg] Oil Claws Back Above $80 a Barrel as Tight Supply Reclaims Focus

[Yahoo/Bloomberg] Powell to Speak Aug. 25 at Jackson Hole Economic Symposium

[Yahoo/Bloomberg] Options Are All the Rage in Stocks With $2 Trillion Deadline Looming

[Yahoo/Bloomberg] Private Credit Loans Are Growing Bigger and Breaking Records

[Yahoo/Bloomberg] Texas Power Prices Surge 6,000% as Grid Calls for Conservation

[FT] Treasury yields near 16-year high as bond market shifts from low-rate era