Wednesday, October 25, 2023

Thursday's News Links

[Yahoo/Bloomberg] Nasdaq Sinks as Earnings Misses Punished: Markets Wrap

[Yahoo/Bloomberg] Yen Weakens Close to Three-Decade Low Against US Dollar, Raising Intervention Risk

[Yahoo/Bloomberg] Oil Declines on Dollar Strength With War Premium Still Intact

[AP] Israeli troops carry out an hourslong ground raid into Gaza before an expected wider incursion

[Reuters] Israel bombards Gaza as Putin warns conflict could spread beyond Middle East

[CNBC] U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected

[AP] Weekly applications for US jobless benefits rises slightly

[Reuters] With House speaker installed, US Congress returns to spending battles

[Reuters] Ford, UAW reach tentative deal to end strike including record pay raise

[AP] Europe’s central bank halts rate hikes as war in the Middle East casts a shadow over the economy

[Reuters] Japan finmin says he is watching yen moves with 'sense of urgency'

[Yahoo/Bloomberg] Vanke Dollar Bonds Tumble by Record as Property Woes Spread

[Reuters] Turkey hikes rates sharply again, to do more as needed

[Reuters] S.Korea, Japan, US condemn North Korea's supply of arms to Russia

[Reuters] Russia says it will build close ties with North Korea 'in all areas'

[WSJ] With Interest Rates Up, Get Ready for Financial Drama

[WSJ] Xi Jinping Is Looking for Someone to Blame for China’s Property Bust

[WSJ] U.S. Worries About Escalation in Pacific as Chinese Military Steps Up Confrontation

[FT] ECB holds key interest rate at 4%

[FT] China’s Communist party beefs up new financial regulator to tighten control

Wednesday Evening Links

[Reuters] S&P 500, Nasdaq end sharply lower as Alphabet disappoints, Treasury yields bounce

[Yahoo/Bloomberg] Treasury Rates Jump as Poor Auction Puts Focus on November Sales

[Yahoo/Bloomberg] Yen Slides to Weakest This Year Versus Dollar on Wide Yield Gap

[Yahoo/Bloomberg] Oil Rises as Israel’s Invasion Buildup Reignites War Premium

[Reuters] Putin warns Israel-Hamas conflict could spread beyond Middle East, condemns Gaza bombing

[Reuters] Russia, China veto US push for UN action on Israel, Gaza

[Yahoo/Bloomberg] Banks Put Bond-Sale Spree on Pause as Market Volatility Ramps Up

[WSJ] Hamas Fighters Trained in Iran Before Oct. 7 Attacks

[WSJ] We’re Still Paying for the Federal Reserve’s Blunders

[FT] US companies shy away from debt markets as Treasury rout drives up costs

[FT] Turbulent times for the US Treasury market

[FT] Joe Biden warns China not to attack the Philippines

Wednesday Afternoon Links

[Yahoo/Bloomberg] S&P 500 Falls 1% as Bond Yields Rise; Oil Gains: Markets Wrap 

[Yahoo/Bloomberg] Treasury Yields Climb as Focus Shifts to November Auction Sizes

[Yahoo/Bloomberg] Turkey Stocks Sink Most in World Amid Jitters Over Israel, Rates

[Yahoo/Bloomberg] Israel Latest: Ground War on Hold as US Bolsters Bases, WSJ Says

[Reuters] US new home sales jump to 19-month high; median price falls

[Reuters] Financial conditions tighten again to temper heated US economy

[Reuters] US House Republicans aim to elevate Mike Johnson to vacant speaker post

[Yahoo/Bloomberg] ECB Is Keeping an Eye on Energy Costs, Lagarde Says

[WSJ] Meanwhile, China Trouble in the Pacific