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Monday, June 24, 2024

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Gain After Nvidia-Led Slump: Markets Wrap

[Reuters] European stocks fall after Nvidia slump

[CNBC] Oil prices fall as rally takes a pause while traders watch Middle East tensions, summer demand

[Reuters] Japan to respond appropriately to excessive yen volatility, official says

[Reuters] Morning Bid: Nvidia's half trillion hiccup; Bitcoin, China slide

[Yahoo/Bloomberg] Forget 160, Traders See Yen Slumping as Far as 170 This Time

[Reuters] US house prices increase steadily in April -FHFA

[Yahoo/Bloomberg] Fed’s Bowman Warns of Upside Risks to Inflation, Not Time to Cut

[Reuters] Fed's Bowman: need steady policy rate 'for some time' to beat inflation

[Yahoo/Bloomberg] Asset-Backed Bond Market Is Helping to Fuel the Global AI Boom

[AP] TSA says it screened a record of nearly 3 million people Sunday, and bigger crowds are on the way

[Politico] France’s existential election

[Yahoo/Bloomberg] Allianz Says French Bondholders Fear a Replay of Euro Crisis

[Politico] Macron warns of ‘civil war’ if far left or far right wins

[Yahoo/Bloomberg] Le Pen Brands Macron’s ‘Civil War’ Comment as Scaremongering

[Guardian] The Guardian view on Macron’s snap election: France on the brink

[Time] Macron Called an Election to Thwart the Far Right. He Resuscitated the Left Instead

[Yahoo/Bloomberg] With Macron Distracted, Germany Shuts Down Push for Joint EU Debt

[Reuters] Bank of Japan opens door for a hawkish double surprise

[Yahoo/Bloomberg] China’s Farmers Brace for More Rain and Flooding Risk to Crops

[Axios] U.S. warned Hezbollah it can't hold Israel back if escalation continues

[Reuters] Iran’s presidential election dominated by Khamenei loyalists

[NYT] Fearing Losses, Banks Are Quietly Dumping Real Estate Loans

[NYT] ‘It’s All Happening Again.’ The Supply Chain Is Under Strain.

[FT] French parliamentary election tracker 2024

[FT] Top Federal Reserve official warns US central bank may need to raise interest rates again

[FT] Central banks urged to keep pace with ‘game changer’ AI