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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