Wednesday, November 29, 2023

Thursday's News Links

[Yahoo/Bloomberg] Stocks Gain Before US Inflation Data; Euro Sinks: Markets Wrap

[Yahoo/Bloomberg] Oil Advances for Third Day Ahead of High-Stakes OPEC+ Meeting

[Yahoo/Bloomberg] Chinese Stocks Sit Out November’s Global Rally on Economic Woes

[CNBC] Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected

[Dow Jones] Jobless claims tick higher in latest week, reaching highest level in 2 years

[Reuters] Hamas says it agrees to extend truce with Israel

[Reuters] OPEC+ agrees preliminary oil cut deal of over 1 million bpd, sources say

[Yahoo/Bloomberg] Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally

[Yahoo/Bloomberg] Citadel and Its Peers Are Piling Into the Same Trades. Regulators Are Taking Notice

[Reuters] How hedge funds view the fate of king dollar

[Yahoo Finance] Canadian economy shrank 1.1 per cent in Q3 on annualized basis, StatCan says

[Yahoo/Bloomberg] China Misses Out on Everything Rally With Economy in Doldrums

[Reuters] Chinese factories slip deeper into contraction, more policy support likely

[Reuters] Exclusive: China Evergrande seeks to avoid liquidation with last-ditch debt plan

[Yahoo/Bloomberg] Chinese Builder Powerlong Defaults on Dollar-Bond Payment

[Yahoo/Bloomberg] China Investment Bank Bans Displays of Wealth

[Reuters] Euro zone inflation tumble pits ECB against markets

[Yahoo/Bloomberg] Euro-Zone Crisis Doom Loop Revisited by S&P in Warning for 2024

[Yahoo/Bloomberg] India Economic Growth Beats Estimates as Manufacturing Gains

[Reuters] Taiwan president: China too 'overwhelmed' to consider invasion

[Reuters] Taiwan reports more Chinese military activity as election nears

[Bloomberg] Banking Escapees Make Billions From Private Credit Boom

[Bloomberg] Hong Kong’s Failed Land Tenders Spike to Record High

[WSJ] Consumers Pulled Back on Spending in October

[WSJ] China’s Economy Is Stuck in a Vicious Cycle

[FT] Federal Reserve not ready to start talking about interest rate cuts

[FT] Rate cut hopes trigger rush into risky assets

[FT] How Huawei surprised the US with a cutting-edge chip made in China

[FT] World heading for hot 2024 after records ‘shattered’ in 2023, says WMO

Wednesday Evening Links

[Yahoo/Bloomberg] Gold Inches Closer to Record High as Bets for Fed Pivot Beef Up

[Reuters] S&P 500 ends lower on mixed Fed messages, PCE on deck

[Yahoo/Bloomberg] Bond Yields Fall on Signs Fed Is in ‘Sweet Spot’: Markets Wrap

[Reuters] Current policy rate lets Fed be 'nimble' with incoming data, Mester says

[Reuters] US Congress vows to pass massive defense bill, culture wars loom

[Yahoo/Bloomberg] Senators Warn of Hidden Dangers Lurking in Private Credit Boom

[Bloomberg] January US Shutdown Odds Lessen as House GOP Softens Demands

[NYT] In a Shaky Oil Market, OPEC Has Bitter Decisions to Make

[WSJ] UAW Launches Organizing Drive, Targets Tesla and Toyota

[WSJ] He Bought a Piece of the Chrysler Building. Now His Empire Is Falling Apart.

[FT] Why are US banks hoarding liquidity?

[FT] Russia has stockpiled missiles for winter attack on Ukraine, says Nato

Wednesday Afternoon Links

[Reuters] Wall St pares gains as rate-cut cheer ebbs after latest Fed comments

[Yahoo/Bloomberg] Bond Traders Amp Up Wagers on Fed Cuts in 2024: Markets Wrap

[Reuters] US economy grows 5.2% in third quarter; higher interest rates sapping momentum

[Reuters] U.S. bank profits slow on lower noninterest income, higher realized losses

[Yahoo/Bloomberg] Overdue Office Loans Are New Pain Point for Banks in FDIC Report