Thursday, December 21, 2023

Friday's News Links

[Yahoo/Bloomberg] US Stock Futures Struggle for Direction After Data: Markets Wrap

[Reuters] Gold climbs to near three-week high on Fed rate cut bets

[Yahoo/Bloomberg] Oil Set for Weekly Gain as Red Sea Attacks, OPEC Unity in Focus

[CNBC] Fed’s favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected

[Dow Jones] Durable-goods orders rebound in November by most since July 2020

[Dow Jones] Housing is now overvalued in 88% of the U.S., says ratings agency Fitch

[Yahoo/Bloomberg] Shipping Costs Soar as War and Climate Risks Upend Trade

[Reuters] Ships rerouted by Red Sea crisis face overwhelmed African ports

[Reuters] US Fed pivot dominates as global rate hike cycle stutters in December

[Reuters] US takes aim at financial institutions with new Russia sanctions authority

[Yahoo/Bloomberg] China Turns Up Heat on Trade With Rare Earths Tech Curbs

[Reuters] Record Cash Inflows Show Investors Missed Out on Stock Rally

[Reuters] Global equity funds see significant outflows as investors book year-end profits

[Reuters] Hedge funds seek double-digit returns in 2024 after year of outflows

[Reuters] Japan's core inflation slows in November, eases pressure on BOJ

[Reuters] German home prices tumble amid property rout

[Bloomberg] Demand for Fed’s Bank Term Funding Facility Grows to Record High

[Bloomberg] Euphoria on Fed Pivot Prospects Ignores the Lagging Hangover

[Bloomberg] The 11 Big Trades of 2023: From Market Busts to Career-Making Wins

[WSJ] Iranian Spy Ship Helps Houthis Direct Attacks on Red Sea Vessels

[FT] US threatens sanctions on banks that help fund Russia’s war machine

Thursday Evening Links

[Reuters] Wall St ends sharply higher, rebounding with a boost from chips

Thursday Afternoon Links

[Reuters] Wall St rises after broad sell-off; Micron shines

[Yahoo/Bloomberg] Oil Edges Lower on US Output Gains, Angola’s Departure From OPEC

[Reuters] US labor market resilience keeps economy afloat as year ends

[Yahoo/Bloomberg] US 30-Year Mortgage Rate Slides to 6.67%, Lowest Since June

[Reuters] US new-vehicle sales to rise 13% in December on discounts, inventory - report

[Yahoo/Bloomberg] Twin Crises Send Cargo Ships Back to 18th Century Trade Routes

[WSJ] The War in Ukraine Has Created a New ‘Axis of Evil’

[FT] Bank of England losses on QE greater than other central banks, says ex-rate setter