Wednesday, December 6, 2023

Thursday's News Links

[Yahoo/Bloomberg] Stocks and Bonds Churn as BOJ Rattles Traders: Markets Wrap

[Yahoo/Bloomberg] Global Bond Rally Stalls as BOJ Hike Bets Meets US Jobs Caution

[Yahoo/Bloomberg] Traders Pile Into Bets That End of Negative BOJ Rate Is Near

[Yahoo/Bloomberg] Oil Mounts Modest Rebound After Plunging to Five-Month Low

[Reuters] U.S. layoffs jumped in November led by retail and tech, report shows

[Dow Jones] Jobless claims inch up to 220,000, layoffs still low

[Yahoo/Bloomberg] BOJ’s Ueda Talks Through Monetary Policy Stance With Kishida

[Reuters] BOJ's Ueda flags options on policy target upon ending negative rates

[Reuters] China's exports grow for first time in 6 months, imports unexpectedly shrink

[Reuters] China's Xi warns top EU officials not to engage in 'confrontation'

[Reuters] China-Russia trade hits $218 bln in Jan-Nov, completing goal planned to reach in 2024

[Yahoo/Bloomberg] Moody’s Asked Staff to Stay Home Ahead of China Cut, FT Says

[Yahoo/Bloomberg] ECB’s Lagarde Squeezed as Markets Boost 2024 Rate-Cut Bets

[Yahoo/Bloomberg] Euro-Zone Risks Recession as German Economy Falters

[AP] Who are the Houthis and why hasn’t the US retaliated for their attacks on ships in the Middle East?

[Bloomberg] Options Trading Is Rigged Against Average Investors

[NYT] From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money

[WSJ] The Most Important Debate on Wall Street: Is Inflation Licked?

[WSJ] Wall Street Puts a ‘Sell’ on Its China Holdings

[WSJ] Moody’s Faces Growing Backlash Over Its Negative Outlook on China

[FT] Companies rush to take advantage of sharp drop in borrowing costs

[FT] Commercial property confronts the ‘comedown’ from easy money

[FT] Oil market caught by surprise as US output surges

[FT] This is a moment of renewed danger for the Middle East

[FT] El-Erian: The peculiar market divide on the rate outlook

[FT] China deepens ties with Saudi Arabia at Hong Kong gathering

[FT] Can Jews and Arabs still coexist peacefully within Israel?

Wednesday Evening Links

[Yahoo/Bloomberg] Global Bonds Power Ahead as Dovish Bets Take Hold: Markets Wrap 

[Yahoo/Bloomberg] Fed’s Repo Backstop Gets Most Use Since 2020

[Yahoo/Bloomberg] Oil Plummets to June Lows as Algorithms Exacerbate Dour Outlook

[Yahoo/Bloomberg] Beaten-Down Stocks Get Some Revenge After Big Tech’s 2023 Rally

[Reuters] UN chief rings alarm bell on global security threat from Gaza war

[Yahoo/Bloomberg] ECB May Consider Rate Cuts in 2024, Not Now, Villeroy Says

[CBS] Guyana is preparing to defend borders as Venezuela tries to claim oil-rich disputed region, president says

Wednesday Afternoon Links

[Yahoo/Bloomberg] S&P 500 Trims ADP-Fueled Gains as Oil Tumbles: Markets Wrap

[Yahoo Finance] Oil drops to 5-month low on concerns of oversupply, weak demand

[Reuters] Third-quarter US unit labor costs revised down; private payrolls miss expectations

[AP] Big bank CEOs warn that new regulations could harm the economy

[Reuters] Bank of Canada holds rates, still worried about inflation

[Reuters] Russia's Putin meets Saudi crown prince in whirlwind Gulf visit

[Reuters] Italy tells China it is leaving Belt and Road Initiative

[Reuters] China starts up world's first fourth-generation nuclear reactor

[WSJ] How Is China’s Economy Doing? Not Nearly as Well as China Says It Is

[FT] Venezuela orders oil drilling in Guyana-run territory