Thursday, February 1, 2024

Friday's News Links

[Yahoo/Bloomberg] Treasury Yields Spike After Hot Jobs Report: Markets Wrap

[CNBC] 10-year Treasury yield shoots higher after very strong jobs report

[Yahoo/Bloomberg] Oil Set for Weekly Loss on Gaza Ceasefire Talks and Ample Supply

[Reuters] Dollar jumps as US employers add more jobs than expected

[Yahoo/Bloomberg] China Stocks Swing Wildly in Chaotic End to Worst Week in Years

[Yahoo/Bloomberg] Gold demand hit record highs in 2023 amid geopolitical risks, China weakness

[CNBC] U.S. economy added 353,000 jobs in January, much better than expected

[Reuters] US job growth surges in January; wages rise

[Reuters] US regional bank sell-off a cautionary sign of more pain to come

[Yahoo/Bloomberg] Fed’s Powell Will Discuss Interest Rates, Inflation on 60 Minutes Sunday

[Yahoo/Bloomberg] America’s ‘Debt Spiral’ Is Nearing a Critical Threshold

[MSN/WP] Inflation Has Fallen.  Why Are Groceries Still So Expensive?

[Yahoo/Fortune] The China dilemma: U.S. CEOs face whiplash and tough choices as tensions mount

[Reuters] Iran won't start a war but will respond to bullies, says president

[Bloomberg] Credit Markets Get a Jolt From Property Losses at Banks

[Bloomberg] Gamble on US Commercial Property Blows Up for Japan’s Aozora

[Bloomberg] El-Erian: Powell Goes Off Script and Reduces Flexibility

[WSJ] Shadow War With Iran Risks Turning Into a Direct Conflict

[WSJ] Global Span of Banks’ Commercial Real Estate Problem Starts Locally

[WSJ] How Do You Turn Around a Bear Market? China Has One Answer

Thursday Evening Links

[Yahoo/Bloomberg] Asia Shares to Rise; Tech Earnings Extend US Rally: Markets Wrap

[Reuters] Wall Street ends higher; earnings, jobs report in focus

[Yahoo/Bloomberg] Oil Falls in Choppy Trade as Reports Differ on Ceasefire in Gaza

[Reuters] US regional banks tumble for second straight day on NYCB woes

[Yahoo/Bloomberg] Bank Term Funding Borrowings Edge Lower After Fed Raised Rate

[Bloomberg] IMF Chief Says Fed Rate Cuts Are Better Late Than Early

[Bloomberg] US Bitcoin Miners Use as Much Electricity as Everyone in Utah

[FT] Commercial Property Losses Hammer Banks on Three Continents

[FT] Tett: China needs to learn lessons from 1990s Japan

Thursday Afternoon Links

[Reuters] Wall St gains ground after Fed-driven selloff; Big Tech earnings in focus 

[Yahoo/Bloomberg] Treasuries Surge as Bank Stock Rout Rekindles Fed Rate-Cut Hopes

[Yahoo/Bloomberg] Oil Slides on Reports of a Potential Israel-Hamas Ceasefire

[AP] US hints large response to Iran-backed militias is imminent as Houthi rebels target another ship

[Yahoo Finance] US manufacturing output hits highest level since October 2022

[Yahoo/Bloomberg] Goldman Sachs, Bank of America Throw in the Towel on Fed Rate Cut in March

[Reuters] Canada braces for possible wave of business bankruptcies

[Reuters] French farmers' union call for end of blockades as anger spreads in Europe