Thursday, September 7, 2023

Friday's News Links

[Yahoo/Bloomberg] Dollar Slips From Six-Month High; Stocks Fluctuate: Markets Wrap 

[Yahoo/Bloomberg] Yuan Drops Toward Record Low as China Budges in Fight With Bears

[Yahoo/Bloomberg] Oil Heads for Weekly Gain After OPEC+ Leaders Extend Supply Cuts

[Yahoo/Bloomberg] Apple suppliers slide on China anxiety, threat from Huawei

[Yahoo/Bloomberg] China Bonds Roiled by One-Two Punch on Liquidity, Rate Outlook

[Yahoo/Bloomberg] Gas Prices Jump as LNG Workers Begin Long-Awaited Strikes

[Yahoo/Bloomberg] Dollar’s Relentless Rally Set for a Boost From Higher Oil Prices

[Reuters] Analysis: Potential US government shutdown could dent investor confidence

[Yahoo/Bloomberg] G-20 Sees Risks to Long-Term Growth From ‘Cascading Crises’

[Yahoo/Bloomberg] Fed’s Williams Says Policy in Good Place, Must Be Data Dependent

[Yahoo/Bloomberg] Apple’s China Troubles Catch Fund Managers Chasing Rally

[Reuters] Hong Kong, Shenzhen deluged by heaviest rain on record

[Reuters] China needs more than cheaper mortgages to revive spending

[Yahoo/Bloomberg] ECB’s Hike-or-Pause Dilemma Going Down to the Wire, Poll Shows

[Yahoo/Bloomberg] Meloni Tempts Bond Vigilantes With Italian Spending Squabble

[Yahoo/Bloomberg] Russia Seeks China, Saudi Help to Head Off New Financial Limits

[Yahoo/Bloomberg] Xi Visits Flood-Hit North China as Deluge Pummels South

[Reuters] Nearly all world's population exposed to global warming over June-Sept - study

[Reuters] North Korea unveils first tactical, nuclear-armed submarine

[Bloomberg] US Retail Workers Are Fed Up and Quitting at Record Rates

[WSJ] Companies Pay More to Borrow in Record Bond Rush

[WSJ] Apple Becomes the Biggest U.S.-China Pawn Yet

[WSJ] Credit-Card Users Got Bigger Limits. Then They Racked Up $1 Trillion

[WSJ] The $100 Billion Luxury Complex That’s Sitting Empty and Unfinished

[FT] China workers reveal extent of iPhone curbs

[FT] It’s no longer a given that China will become the world’s largest economy

Thursday Afternoon Links

[Reuters] S&P, Nasdaq fall as Apple drags, jobless claims data fuels rate jitters

[Yahoo/Bloomberg] European Stocks In Worst Run Since 2018 as Tech Stocks Slide

[Yahoo/Bloomberg] Oil Drops After Rally Triggers Technical Flags for Pullback

[Reuters] China's widening iPhone curbs roil US technology sector

[Reuters] US jobless claims hit lowest level since February; productivity strongest in years

[Reuters] GM offers 10% wage hike in contract talks that UAW calls 'insulting'

[Yahoo Finance] Banking industry faces 'significant downside risks': FDIC chair

[Yahoo/Bloomberg] FDIC Says Bank Profit Up Year Over Year, Deposits Down Slightly

[Yahoo/Bloomberg] US Mortgage Rates Ease From Highs, Falling for Second Week

[CNBC] ‘House-rich’ Americans are sitting on nearly $30 trillion in home equity. Here’s how to tap it

[Reuters] Bank of Canada says interest rates may not be high enough