Monday, June 3, 2024

Tuesday's News Links

[Yahoo/Bloomberg] Futures Point to Losses as Data Sows Doubt: Markets Wrap

[Yahoo/Bloomberg] Global Bond Rally Wavers With Jobs Data Next Hurdle for Fed Path

[Reuters] Oil drops more than $1 as OPEC+ decision spotlights shaky demand

[Yahoo/Bloomberg] Mexican Peso Sinks Further as Election Shock Reverberates

[Reuters] Rupee falls most in over a year as vote count shows narrower win for Modi-led alliance

[Yahoo/WSJ] Indian Shares Plunge as Modi-Led Coalition Stares at Narrow Victory Margin

[Reuters] Central banks turn cautious on China's yuan, keen on dollars and gold

[Yahoo/Bloomberg] ECB Rate-Cut Expectations Start to Unravel Before First Move

[Yahoo/Bloomberg] BOJ Weighs Reducing Bond Buys as Early as June Meeting

[Yahoo/Bloomberg] Modi Poised to Lose India Majority, Needs Allies to Keep Power

[Reuters] Security tight in China and Hong Kong on Tiananmen crackdown anniversary

[Bloomberg] Mexican Peso Volatility Soars as Traders Fear Additional Losses

[WSJ] Big Tech Companies Unplug Stock Market From Reality

[WSJ] Why China’s Overcapacity Problem Is About to Get Even Worse, in Seven Charts

[WSJ] Developers Sit on Empty Lots After Historic Apartment Boom

[FT] Five challenges facing Mexico’s Claudia Sheinbaum

[FT] West grapples with response to Russian sabotage attempts

Monday Evening Links

[Reuters] Wall Street ends slightly higher after soft manufacturing data, NYSE glitches

[Yahoo/Bloomberg] Treasury Yields Sink as Weak Data Fuel Fed Bets: Markets Wrap

[Yahoo Finance] Oil falls 3% on OPEC production cut as demand worries surface

[Yahoo/Bloomberg] Mexico Peso Falls as Ruling Party Landslide Spooks Investors

[Yahoo/Bloomberg] Morgan Stanley Warns US Elections Threaten Popular Trades

[Bloomberg] Short Sellers in Danger of Extinction After Crushing Stock Gains

[WSJ] The Federal Reserve Is Too Cautious on Quantitative Tightening

Monday Afternoon Links

[Yahoo/Bloomberg] Treasury Yields Sink as Weak Data Fuel Fed Bets: Markets Wrap

[Yahoo/Bloomberg] Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom

[Yahoo/Bloomberg] OPEC’s Crude Production Steady While Key Members Flout Quotas

[Yahoo/Bloomberg] US Factory Activity Contracts as Orders Slide, Output Weakens

[Yahoo/Bloomberg] Muni Market Faces $19 Billion Supply Wave, Biggest in Two Years

[Reuters] Mexico's Sheinbaum blazes trail as first woman president, under mentor's watchful eye