Thursday, May 2, 2024

Friday's News Links

[Yahoo/Bloomberg] Stocks Climb as Bond Traders Reload Fed-Cut Wagers: Markets Wrap

[Yahoo/Bloomberg] Treasuries Soar as Traders Pull Forward Fed Cuts After Jobs Miss

[Yahoo/Bloomberg] Yen Volatility Threatens to Derail One of the Year’s Best Trades

[Yahoo/Bloomberg] Oil Set for Biggest Weekly Drop Since February as War Risk Fades

[Yahoo/Bloomberg] Asian Currencies Set for Best Week in Two Months on Intervention

[Yahoo/Bloomberg] US Jobs Post Smallest Gain in Six Months as Unemployment Rises

[CNBC] U.S. job growth totaled 175,000 in April, much less than expected

[Reuters] US service sector contracts in April; price pressures reaccelerate

[Reuters] Fed's Bowman supports current policy stance but still sees inflation risks

[Reuters] US equity funds witness outflows for fifth week in a row

[Reuters] India's foreign exchange reserves drop to seven-week low

[Yahoo/Bloomberg] Houthis Threaten to Try to Attack Ships in Mediterranean Sea

[Bloomberg] Carry Trades Wobble as Yen Swings Roil One of Year’s Best Bets

[WSJ] Israel Gives Hamas a Week to Strike a Deal or Rafah Offensive Will Begin

[WSJ] Eurozone Jobless Rate Remains at Record Low

[FT] Japan used $59bn to prop up the yen. Consumers are still cutting back

[FT] Who’ll buy all the Treasuries? You’ll buy all the Treasuries

Thursday Evening Links

[Reuters] Wall Street ends higher as Fed signals dovish bias; jobs report eyed

[Yahoo/Bloomberg] Oil Swings as Traders Weigh Inventory Gain, Potential Cease-Fire

[Reuters] US high yield spreads still tight despite pick-up in distress

[Yahoo/Bloomberg] Market Hunts for Signs of Japan Yen Intervention in Fed Accounts

[Yahoo/Bloomberg] Data Centers Now Need a Reactor’s Worth of Power, Dominion Says

[Yahoo/Bloomberg] Hedge Funds Buying Protection With Defensive Stocks, Goldman Says

[NYT] The Fed Is Eyeing the Job Market, but It’s Difficult to Read

[WSJ] Putin Thanks North Korea for Its Missiles