Wednesday, July 3, 2024

Tuesday, July 2, 2024

Wednesday's News Links

[Yahoo/Bloomberg] Treasury 10-Year Yield Falls After Soft Jobs Data: Markets Wrap

[Yahoo/Bloomberg] Oil Trades Near Two-Month High on Signs of US Inventory Drawdown

[Yahoo/Bloomberg] Le Pen Seeks Majority as Rival Groups Team Up to Stop Her

[Yahoo/Bloomberg] US Job Market Shows More Signs of Slowing in ADP and Claims Data

[CNBC] Private payrolls grew by just 150,000 in June, less than expected

[Yahoo Finance] Gas prices rise as Americans hit the road for holiday weekend, with more increases expected

[Reuters] Americans look past fuel cost, bad weather to set July Fourth travel record

[Yahoo/Bloomberg] Home Affordability in the US Sinks to Lowest Point Since 2007

[Yahoo/Bloomberg] Homebuilders Cut on 'Sluggish' Housing Market, Florida Woes

[Yahoo/Bloomberg] Alaska Air Flight Attendants Are Set for 32% Increase in Pay

[Yahoo/Bloomberg] California’s Death Valley May Tie Daily Record of 129F on Sunday

[AP] From red wall to King’s Speech, UK elections have a vocabulary all their own. Here’s what to know

[Reuters] China's services activity growth hits 8-month low, Caixin PMI shows

[Reuters] Japan's service activity slips for first time in 2 years, PMI shows

[Bloomberg] US Allies Allege China Is Developing Attack Drones for Russia

[Bloomberg] China Vanke-Linked Wealth Products Miss Payments Deadline

[Bloomberg] Australia Retail Sales Jump, Boosting Case for RBA Hike

[NYT] America’s Divided Summer Economy Is Coming to an Airport or Hotel Near You

[NYT] Student Loan Borrowers Owe $1.6 Trillion. Nearly Half Aren’t Paying.

[NYT] Investors Pour $27.1 Billion Into A.I. Start-Ups, Defying a Downturn

[WSJ] Supply-Chain Finance Programs Seeing Cuts as Companies Face High Interest Rates

[FT] Jay Powell says US needs to cut deficit ‘sooner rather than later’

[FT] The risk of a replay of the lost decade in US stocks

[FT] Climate change is pushing up food prices — and worrying central banks

[FT] Hurricane Beryl becomes earliest category five storm on record

[FT] China demands loyalty from young expats in the US

Monday, July 1, 2024

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Drop Ahead of Jobs Data; Nvidia Slips: Markets Wrap

[Reuters] Dollar soars near 38-year yen peak as Trump risk lifts US yields

[Yahoo/Bloomberg] Oil Trades Near Two-Month High on Mideast, Hurricane Concerns

[Reuters] Morning Bid: Growth ebbs, curves steepen, Powell in Portugal

[Reuters] Echoes of dotcom bubble haunt AI-driven US stock market

[Yahoo/Bloomberg] Le Pen Seeks Broad Support to Win French Parliamentary Majority

[Reuters] France's moderate voters face extreme choices in run-off vote

[Reuters] Rating agency S&P sends debt warning to US, France and other top economies

[Yahoo/Bloomberg] Wall Street Maps Out What a Trump Win Would Mean for Bonds

[Yahoo/Bloomberg] Fed’s Goolsbee Says Policymakers Should Prepare for Rate Cuts

[Yahoo/Bloomberg] Shift Occurring in US Housing Market as Mortgage Lock Loosens Up

[CNBC] Insurance crisis that started in Florida, California is spreading. Your state could be next

[Reuters] Euro zone inflation eases a touch but services costs stuck

[Yahoo/Bloomberg] Asia Dollar Loan Volumes Plunge to 14-Year Low as Rates Bite

[Yahoo/Bloomberg] Citadel, Millennium Extend Run of Returns With First Half Gains

[Yahoo/Bloomberg] China New Home Sales Struggle in Face of Lopsided Recovery

[Bloomberg] China Vanke’s Home Sales Stall as Property Picture Blurs

[WSJ] Satellite Images Show Expansion of Suspected Chinese Spy Bases in Cuba

[FT] Marine Le Pen says she will seek to form government even if short of outright majority

[FT] Iran would use ‘all means’ to back Hizbollah if Israel launches full-blown war, official says

[FT] Global investment banks retreat from China expansion

Monday's News Links

[Yahoo/Bloomberg] Stocks, Euro Rise in Relief After French Election: Markets Wrap

[Yahoo/Bloomberg] French Markets Gain as Election Spurs Fragile Reprieve From Rout

[Yahoo/Bloomberg] Oil Gains With Focus on China’s Economy and Geopolitical Risks

[Yahoo/Bloomberg] China’s 10-Year Yield Falls to Record as Economic Gloom Deepens

[Reuters] Morning Bid: Markets bet on French gridlock

[Reuters] Historic win for far right in French first-round vote

[Reuters] Breakingviews: The risk of a euro crisis is rising

[Yahoo/Bloomberg] Macron, French left-wing rivals race to stop Le Pen momentum

[Reuters] French vote, China trade row cast cloud over European earnings

[Reuters] Downturn in German manufacturing suffers fresh setback, PMI shows

[Yahoo/Bloomberg] What to Expect From the Third Plenum, China’s Big Policy Meeting

[Reuters] Japan's land prices rise at fastest pace since 2010, tax agency says

[Reuters] Asia's factory activity expands in June on solid global demand

[Yahoo/Bloomberg] The Year’s $321 Billion EM Bond Spree Looks Set to Slow Down

[Reuters] Scientists wary of bird flu pandemic 'unfolding in slow motion'

[Bloomberg] ‘Non!’ to Macron Opens Longest Week in Politics

[NYT] China Dangled Rebates to Lure People to Spend. It’s Not Enough.

[WSJ] Rising Government Debt Threatens Financial Stability, Inflation, BIS Says

[WSJ] A Real-Estate Fund Industry Is Bleeding Billions After Starwood Capped Withdrawals

[WSJ] Tech Industry Wants to Lock Up Nuclear Power for AI

[FT] China’s central bank moves to address bond frenzy

[FT] The foreign investors left stranded in Evergrande’s web of Chinese debt