Thursday's News Links

[Yahoo/Bloomberg] Stocks, Bonds Slip on Fading Rate-Cut Hopes: Markets Wrap

[Yahoo/Bloomberg] Gold Steadies After Stumbling on Resilient US Inflation

[Reuters] Oil prices slip as inflation concerns offset Mideast tensions

[Yahoo/Bloomberg] China Ramps Up Yuan Support as Fixing Tops Estimates by Record

[Reuters] Japan says it won't rule out any FX action as yen hits 34-year low

[Yahoo/Bloomberg] Emerging-Market Currencies Erase April Gains on South Korea, Fed

[Yahoo/Bloomberg] World’s FX Traders as Much at Mercy of Yuan as the Dollar

[Yahoo/Bloomberg] Bond Traders Are Preparing for a 5% Yield, No Rate Cut World

[CNBC] Wholesale prices rose 0.2% in March, less than expected

[Reuters] Focus: Soaring insurance costs hit as US buyers finally get a break on car prices

[Yahoo Finance] Why the Fed risks relearning the painful inflation lessons of the 1970s

[CNBC] The ‘supercore’ inflation measure shows Fed may have a real problem on its hands

[Reuters] ECB holds rates at record highs, signals upcoming cut

[Yahoo/Bloomberg] Chinese Investors Snap Up Copper, Gold Stocks to Drive 10% Gains

[Reuters] China's weak consumer, producer prices point to more stimulus

[Reuters] China Vanke shares, bonds fall after rating cut and government probe

[Yahoo/Bloomberg] China Leads Global Coal Power Surge as Capacity Hits Record

[Reuters] South China Sea: Why are China and Philippines tensions heating up?

[Axios] Biden and Japanese PM forge closer ties to counter China in Pacific region

[Reuters] Netanyahu says Israel preparing for scenarios in other areas than Gaza

[Reuters] Russia says it inflicts 'massive' retaliatory strike on energy sites in Ukraine

[NYT] Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.

[WSJ] Fed Rate Cuts Are Now a Matter of If, Not Just When

[WSJ] The Hidden Costs of Homeownership Are Skyrocketing

[WSJ] OPEC Sticks to Oil Demand View, Cuts Non-OPEC Supply Growth Forecast

[FT] US active ETF flows soar past previous records

[FT] Weak China inflation data fuels concern over consumer demand

[FT] Industrial metal prices jump as investors bet on rising China demand

Wednesday Evening Links

[Yahoo/Bloomberg] S&P 500 Hit by Fed-Pivot Rethink and War Jitters: Markets Wrap

[Reuters] Wall St ends sharply lower as sticky inflation dims rate cut hopes

[Reuters] US dollar surges to new 34-year high vs yen after hotter-than-expected inflation data

[Yahoo/Bloomberg] Oil Prices Pop Higher as US Sees Imminent Strike on Israel

[Yahoo/Bloomberg] Fed Favors Reducing Monthly Asset Runoff Pace by Roughly Half

[Yahoo/Bloomberg] US Budget Gap Hits $1.07 Trillion in First Half of Fiscal Year

[Yahoo/Bloomberg] Traders See Fed Waiting Until After Summer to Cut as Yields Soar

[Yahoo Finance] Inflation: Grocery prices reaccelerate, now 25% higher than pre-pandemic

[Yahoo Finance] Housing inflation still sticky in March: 'Little progress over the past nine months'

[Yahoo/Bloomberg] Credit-Card Delinquency Rates Were Worst on Record in Fed Study

[Yahoo/Bloomberg] Hot Inflation Print Blows Up Bond Trader’s Record Futures Wager

[Reuters] With eyes on China, US and Japan vow new security collaboration

[FT] US and Japan announce ‘most significant’ upgrade to military alliance

Wednesday Afternoon Links

[Reuters] Wall St battered as hot inflation data stymies rate-cut hopes

[Yahoo/Bloomberg] Treasury 10-Year Yield Tops 4.5% on Hot Inflation: Markets Wrap

[Yahoo/Bloomberg] Yen Drop Deepens After US Data as Intervention Risk Grows

[Reuters] US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data

[Reuters] Fed's rate-cut confidence wobbles as elevated inflation persists

[Yahoo/Bloomberg] Larry Summers Says CPI Raises Chances That Fed’s Next Move Is to Hike

[Yahoo/Bloomberg] Powell’s Soft-Landing Dream In Danger as Traders Hedge Inflation

[Yahoo/Bloomberg] Goldman Sachs Changes Fed Call to Two Cuts in 2024 From Three