Tuesday, August 29, 2023

Wednesday's News Links

[Yahoo/Bloomberg] Bonds, Stocks Fall as Inflation Makes Comeback: Markets Wrap

[Yahoo/Bloomberg] Hong Kong Dollar Set for Worst Month Since 1985

[Yahoo/Bloomberg] Oil Gains on Signs of Tighter Market as US Stockpiles Seen Lower

[CNBC] U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says

[AP] US economic growth for last quarter is revised down to a 2.1% annual rate

[Yahoo/Bloomberg] Hurricane Idalia Strikes Florida With Powerful Category 3 Winds

[MSN/Bloomberg] Poor Americans Tap Debt, Buy Less Food as Consumer Cracks Widen

[Reuters] US Commerce chief leaves China on upbeat note after 'uninvestible' remark

[Reuters] Chinese banks post sluggish profit growth, warn of regional debt risks

[Yahoo/Bloomberg] China Moves to Stabilize Finances of Troubled Shadow Bank

[Yahoo/Bloomberg] China Mortgage Rate Cuts Fall Short of ‘Game Changer’ Policy

[Yahoo/Bloomberg] PBOC Drafts Policy to Give Private Firms More Funding Access

[Reuters] Guangzhou eases mortgage rules, banks flag risks as China steps up efforts to revive property sector

[Reuters] Country Garden's cash flow in focus as troubled firm set to report $7.5 bln loss

[Yahoo/Bloomberg] Leading BOJ Hawk Broaches Possibility of Early 2024 Rate Hike

[Reuters] BOJ policymaker signals chance of policy tweak early next year

[Yahoo/Bloomberg] UK Home Sales Poised to Plunge to Lowest in Over a Decade

[Yahoo/Bloomberg] Stubborn Inflation in Germany and Spain Keeps ECB on Data Alert

[Reuters] Data show inflation rising in some German states

[Reuters] High pasta prices set to boil over as Canada's wheat withers

[Reuters] Canada detects first case of highly mutated coronavirus variant BA.2.86

[Yahoo/Bloomberg] Kyiv Hit in Biggest Blitz in Months as Russia Airbase Struck

[Reuters] US deploys B-1B bombers for separate drills with South Korea, Japan

[Bloomberg] THE (MOSTLY) EMPTY $100 BILLION CITY RISING FROM THE SEA

[WSJ] Why Hurricanes Are Becoming More Intense

Tuesday Evening Links

[Yahoo/Bloomberg] Asia Shares Primed for Gains on China, Fed Outlook: Markets Wrap 

[Yahoo/Bloomberg] Stocks Up Most Since June as Fed Bets Sink Yields: Markets Wrap

[Yahoo/Bloomberg] Treasuries Surge as Weak Data Prompts Paring of Rate-Hike Wagers

[Yahoo/Bloomberg] Crypto’s Top Enemy Gensler Put on Defensive by Grayscale Ruling

[Yahoo/Bloomberg] China’s Largest Bank Nears Record Low Valuation on Margin Woes

Tuesday Afternoon Links

[Reuters] Wall St gains as weak job openings data fuels hopes of rate-hike pause

[Reuters] US labor market loses steam as job openings, resignations decline

[Reuters] US consumer confidence drops in August on inflation worries

[Reuters] Annual U.S. house price growth picked up in June - FHFA

[Reuters] U.S. home prices rise month-over-month in June - S&P CoreLogic Case-Shiller

[CNBC] Regional banks face another hit as regulators force them to raise debt levels

[Yahoo/Bloomberg] US Home Cash-Out Refinancing Falls to Lowest Since 2000 After Fed Hikes

[Reuters] Intensifying Idalia threatens Florida's Gulf Coast with storm surges

[Reuters] Chinese investment in Brazil plunges 78% in 2022, hits lowest since 2009