Tuesday, May 21, 2024

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Steady as Nvidia Results Grab Spotlight: Markets Wrap

[Yahoo/Bloomberg] US Bonds Fall as Traders Look to Fed Minutes for Rate-Cut Clues

[Yahoo/Bloomberg] Japan Yields Have Room to Rise After 1% Reached on BOJ Bets

[Yahoo/Bloomberg] Oil Nears 3-Month Low as US Report Points to Swelling Stockpiles

[Reuters] Fed shifts talk to 'scenarios' as policy grows less certain

[CNBC] Weekly mortgage refinance demand revives as interest rates fall to 7-week low

[Reuters] Breakingviews: The $5 trillion AI boom could both succeed and fizzle

[AP] Russian attacks on Ukraine power grid touch Kyiv with blackouts ahead of peak demand

[Reuters] UK defence minister says China working to supply lethal aid to Russia

[Yahoo/Bloomberg] China Hints at Retaliation in Trade Clash With Europe

[Yahoo/Bloomberg] China Banks Rush to Offer Loans for State Buying of Unsold Homes

[AP] Japan racks up trade deficit as imports balloon due to cheap yen

[Yahoo/Bloomberg] Echoes of 2009 Crisis Thrust Japanese Bank Norinchukin Back Into Spotlight

[Reuters] Bundesbank warns of inflation risk as wages rise more than expected

[Reuters] Geopolitical risks top concern for global family offices, UBS survey shows

[WSJ] Risky Bonds Join the Everything Rally

[FT] The US and Europe should decouple on monetary policy

[FT] China has finally unveiled its property rescue plan. Will it be enough?

[FT] Chinese sovereign bond trading suspended after frantic retail buying

[FT] Turkey’s inflation crisis rages a year into economic turnaround

[FT] PwC faces crisis in China over audit of failed property giant Evergrande

Tuesday Evening Links

[Reuters] Stocks end slightly higher after Fed comments, ahead of Nvidia

[Yahoo/Bloomberg] Waller Says Fed Could Cut Rates at ‘End of This Year’ If Data Softens

[Yahoo/Bloomberg] Houston Storm Hit Most-Stressed US Grid With Power Outages at 140,000

[Axios] Scorching heat wave to creep north, roast Texas, Gulf Coast, southern Plains

[Yahoo/Bloomberg] ECB’s Lagarde Sees June Rate Cut With Inflation ‘Under Control’

[Reuters] Europe sets benchmark for rest of the world with landmark AI laws

[Reuters] Russia starts exercise to simulate launch of tactical nuclear weapons

[WSJ] How Wall Street Lenders Are Betting Big on the AI Boom

[WSJ] Parents Are Feeling the Pain of Inflation and Child-Care Costs

[FT] EU trade deficit with China shrinks to lowest level since 2021