Thursday, November 16, 2023

Thursday Evening Links

[Yahoo/Bloomberg] Asian Stocks to Fall as Wall Street Rally Wavers: Markets Wrap

[Yahoo/Bloomberg] Oil Plunges to July Low as Algorithms Amplify Supply-Driven Drop

[Yahoo/Bloomberg] Fed Latest: Perli Says Yield-Surge Persistence Depends on Causes

[Yahoo/Bloomberg] Fed’s Barr Joins Chorus Warning on Hedge Funds’ Basis Trades

[AP] Biden tells Asia-Pacific leaders US ‘not going anywhere’ as he looks to build economic ties

[AP] In Russia, more Kremlin critics are being imprisoned as intolerance of dissent grows

[Bloomberg] Biden-Xi Summit Won’t Save a Declining Relationship

Thursday Afternoon Links

[Reuters] Wall St rally takes breather as Cisco, Walmart drop

[Yahoo/Bloomberg] Treasuries Catch a Bid as Stock Rally Hits a Wall: Markets Wrap

[Yahoo/Bloomberg] Oil falls 5% as demand worries, inventory builds send prices off 20% from 2023 highs

[Yahoo/Bloomberg] US Mortgage Rates Fall for Third Week, Dropping to 7.44%

[Reuters] Auto strikes sink US manufacturing output in October

[Reuters] Exclusive: Three Fed governors see room to run down balance sheet, letters to US senator show

[Reuters] Iran's Qaani says the resistance front stays united with Hamas

[Reuters] Russia loads missile with nuclear-capable glide vehicle into launch silo

[FT] Officials seek more transparency for US Treasury market

Thursday's News Links

[Yahoo/Bloomberg] Stock Rally Pauses as Weak Earnings Sour Sentiment: Markets Wrap

[Yahoo/Bloomberg] China Stocks Fall as Traders Unimpressed by Xi-Biden Meeting

[Yahoo/Bloomberg] Oil Extends Slide After US Inventories Swell to Three-Month High

[Reuters] Biden, Xi's 'blunt' talks yield deals on military, fentanyl

[Reuters] Xi told Biden Taiwan is biggest, most dangerous issue in bilateral ties -US official

[AP] Israel signals wider offensive in Gaza’s south, where hundreds of thousands have fled

[Reuters] US weekly jobless claims rise more than expected

[Axios] Senate approves stopgap bill to keep government funded until 2024

[Reuters] US House Speaker Johnson's 'honeymoon' ends as hardline Republicans rebel

[Reuters] Systematic hedge funds pummeled in post-U.S. CPI stocks rally - Goldman Sachs

[Reuters] China's home prices dip for 4th month, may weaken further

[Reuters] Japan's export growth slows as China, global downturn risks loom

[Reuters] Taiwan presidential frontrunner taps high profile US envoy as running mate-sources

[Reuters] North Korea vows more offensive response to US 'threats' -KCNA

[Bloomberg] Dudley: Three Things to Prevent a Treasury Market Meltdown

[WSJ] China’s Xi Draws Standing Ovation From U.S. Business Leaders—and Some Doubts

[WSJ] Squeezed Property Owners Put Their Faith in the Fed

[FT] The US-China currency wars are in an unstable lull

[FT] Blackstone borrows to boost lending power of $52bn credit fund