Wednesday, September 20, 2023

Thursday's News Links

[Yahoo/Bloomberg] Stocks Drop on Hawkish Fed; Pound Falls: Markets Wrap

[Yahoo/Bloomberg] China Stocks Set for 10-Month Low as Economic Pessimism Persists

[Reuters] Oil falls as rate hike expectations offset US stock draw

[Yahoo/Bloomberg] Traders on Intervention Watch as Yen Hovers Below 150 to Dollar

[Yahoo/Bloomberg] Bond Traders See Yields Marching Higher After September Fed Meeting

[AP] US applications for jobless benefits fall to lowest level in nearly 8 months

[CNBC] Home sales stick near recent lows in August, but prices continue to climb

[Reuters] US employers to see biggest healthcare cost jump in a decade in 2024

[Yahoo/Bloomberg] BOE Keeps Rates Unchanged for First Time in Almost Two Years

[Yahoo/Bloomberg] SNB Holds and Nordics Hike With Higher for Longer Now in Sight

[Yahoo/Bloomberg] BOJ Meets With Yen and Ueda’s View on Rates in Focus: Day Guide

[Yahoo/Bloomberg] ECB’s Nagel Says Too Soon to Declare Rates Reached Plateau

[CNBC] Turkey’s central bank hikes interest rate to 30%

[Reuters] Exclusive: China scrutinises quant strategies as market weakness stokes public anger - sources

[Reuters] Russia strikes Ukrainian energy facilities in biggest attack in weeks

[Reuters] India suspends visa services for Canadians as stand-off escalates

[Reuters] Canada's allies in a bind as tensions rise with India over Sikh leader's murder

[Reuters] U.S. revives Cold War submarine spy program to counter China

[Reuters] South Korea's Yoon tells UN that Russia helping North Korea would be 'direct provocation'

[Reuters] Syria's Assad in China, seeks exit from diplomatic isolation

[Bloomberg] Traders on Intervention Watch as Yen Hovers Below 150 to Dollar

[Bloomberg] More US Colleges Are at Risk of Closing or Merging, Fitch Says

[NYT] Fed Aims for Soft Landing With a Rate Pause and a Pledge to Move ‘Carefully’

[WSJ] Higher Interest Rates Not Just for Longer, but Maybe Forever

[WSJ] How U.S. Households Got Turned Upside Down by Higher Interest Rates

[WSJ] U.S. Sends Drone Ships to Western Pacific in First Deployment Near China

[WSJ] China’s Fighter Jets Aren’t Just Flying Around Taiwan. They’re Practicing.

[FT] Federal Reserve hardens commitment to ‘higher for longer’ interest rates

[FT] Bundesbank warns eurozone must avoid entrenched inflation ‘at all costs’

[FT] Foreign investors still shunning China despite signs of upturn

Wednesday Evening Links

[Reuters] Wall Street closes lower after Fed holds rates steady, warns of higher for longer

[Reuters] US two-year Treasury yield rises to 17-year high on hawkish Fed

[Yahoo/Bloomberg] Yen worries increase as dollar strengthens after Fed

[Yahoo/Bloomberg] Fed Signals Higher-for-Longer Rates With Hikes Almost Finished

[Reuters] Fed keeps rates steady, toughens policy stance as 'soft landing' hopes grow

[AP] Fed keeps rates unchanged and signals optimism about a potential ‘soft landing’

[Reuters] McCarthy says US House Republicans to vote on defense spending bill Thursday

[Yahoo/Bloomberg] Fed May Have to Hike More to Fight Sticky Inflation, Jamie Dimon Says

[Yahoo/Bloomberg] Xi’s Purge of Handpicked Ministers Shatters Image of Stability

[Yahoo/Bloomberg] Brazil Cuts Interest Rates by 50 Basis Points Again as Services Inflation Wanes

[FT] Federal Reserve signals fresh rate rise this year and fewer cuts in 2024

Wednesday Afternoon Links

[Reuters] Wall Street gyrates after Fed keeps rates steady, warns of higher for longer

[Yahoo/Bloomberg] Oil Steadies as Smaller Stockpile Drop Adds to Technical Hurdles

[Yahoo/Bloomberg] Fed Leaves Rates Unchanged, Signals One More Hike This Year

[Reuters] Fed leaves interest rates unchanged, sees tighter policy through 2024

[Yahoo/Bloomberg] Wall Street Is Bracing for Fed’s ‘Hawkish Hold’: Markets Wrap

[Yahoo/Bloomberg] Big Seven Face Test on How Far Rally Can Run

[Yahoo/Bloomberg] Wartime Alliance at Risk as Poland and Ukraine Fight Over Grain