Tuesday, October 31, 2023

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Flat Before Fed’s Likely ‘Hawkish’ Hold: Markets Wrap

[Reuters] Japan says it's on standby to deal with 'one-sided' currency moves as yen tumbles

[Yahoo/Bloomberg] Oil Edges Higher With Focus on Israel-Hamas War, Shaky Demand

[Yahoo/Bloomberg] Israel Latest: Foreigners Begin Exiting Gaza Via Egyptian Border

[Yahoo/Bloomberg] Fed’s ‘Hawkish Pause’ to Keep Option to Hike

[CNBC] Here’s everything to expect from the Fed’s policy announcement Wednesday

[CNBC] Treasury details plans to step up size of bond sales to manage growing debt load and higher rates

[Reuters] US private payrolls miss expectations in October - ADP

[CNBC] Zombie firms are filing for bankruptcy as the Fed commits to higher rates

[CNBC] Adjustable-rate mortgage demand jumps nearly 10% as buyers struggle to afford housing market

[Yahoo/Bloomberg] China’s Caixin PMI Drop Adds to Signs of Economic Fragility

[Reuters] China October factory surveys disappoint, weigh on Q4 momentum

[CNBC] China sets the tone on real estate, local government support at a high-level meeting

[Yahoo/Bloomberg] China Stocks See Record Monthly Streak of Foreign Fund Exodus

[Reuters] Asia's factories squeezed as China's nascent recovery teeters

[Yahoo/Bloomberg] BOJ Buys More Bonds to Slow Rising Yields a Day After Tweak

[Yahoo/Bloomberg] Japan Faces Speculators on Two Sides as Yen, Bonds Struggle

[Yahoo/Bloomberg] Japan Stimulus Package to Include $144 Billion in Spending

[Yahoo/Bloomberg] Macro Hedge Funds Bounce Back After Heavy Losses in First Half

[NYT] Japan Takes Another Step Away From Easy Money

[NYT] Drought Saps the Panama Canal, Disrupting Global Trade

[WSJ] Fed Officials Debate Whether They Have Raised Rates Enough

[WSJ] China’s Property Developers Cut Prices—and Homeowners Are Resisting

[FT] US Federal Reserve set to hold rates steady at 22-year high

[FT] Private equity: higher rates start to pummel dealmakers

Tuesday Evening Links

[Reuters] Wall St closes higher on eve of Fed decision; investors assess earnings

[Yahoo/Bloomberg] BOJ’s Ueda Gets Reality Check on Yen in March to Normalization

[Yahoo/Bloomberg] Oil Falls as Fading War Premium Revives Angst Over Rates, Growth

[Reuters] Orange juice prices hit all-time high amid bleak production outlook

[Reuters] WeWork plans to file for bankruptcy as early as next week, source says

[Yahoo/Bloomberg] PBOC Vows More Liquidity After Surge in China Money Market Rates

[Yahoo/Bloomberg] China Vows Enduring Local Debt Cleanup Push at Key Conference

[Yahoo/Bloomberg] Druckenmiller Says He Has ‘Massive’ Bullish Bets on 2-Year Notes

[FT] Yen under renewed pressure following BoJ policy tweak

[FT] China signals tighter Communist party control of finance sector

Tuesday Afternoon Links

[Reuters] Wall St wavers ahead of Fed decision; investors assess earnings

[Yahoo/Bloomberg] Israel Latest: Deadly Strike Hits Refugee Camp as Army Advances

[Reuters] Jordan fears the crossfire if Gaza war pulls Iran into wider conflict

[Reuters] Yemen's Houthis enter Mideast fray, hardening spillover fears

[Reuters] Wages boost US labor costs, house price inflation picks up

[Reuters] US consumer confidence fall further in October

[Reuters] Some Chinese institutions borrow at 50% rate as liquidity squeezed

[Yahoo/Bloomberg] ECB Can’t Let Up on Rates Too Soon, Bundesbank’s Nagel Says