Thursday, September 26, 2024

Friday's News Links

[Yahoo/Bloomberg] Stocks Post Modest Gains After PCE Data: Markets Wrap

[Yahoo/Bloomberg] China’s Market Marred by Glitches, Delays as Frenzy Grips Stocks

[Reuters] Stocks bask in China stimulus glow, yen swings higher on Ishiba win

[Yahoo/Bloomberg] Yen Rallies as Ishiba Wins LDP Leadership, Nikkei Futures Fall

[Reuters] Oil Heads for Deep Weekly Loss on Prospects for Jump in Supply

[CNBC] Key Fed inflation gauge at 2.2% in August, lower than expected

[Reuters] US consumer spending rises moderately in August; inflation slows

[AP] Hurricane Helene live updates: Millions without power as storm continues to lash the Southeast

[Reuters] Helene, one of largest storms to hit US, brings chaos to Florida and Georgia

[AP] Richmond Fed president urges caution on interest rate cuts because inflation isn’t defeated

[AP] Netanyahu vows to use ‘full force’ against Hezbollah and dims hopes for a cease-fire

[AP] Lebanon fears Gaza-like carnage as Israel ramps up airstrikes across the country

[Yahoo/Bloomberg] China’s Biggest Stock Buying Frenzy in Years Overwhelms Exchange

[Yahoo/Bloomberg] Quant Hedge Funds Trapped in Short Squeeze After China Glitch

[Yahoo/Bloomberg] Xi’s Big Stimulus Week Aims to Draw a Line Under China Slowdown

[Reuters] China launches late stimulus push to meet 2024 growth target

[Yahoo/Bloomberg] Debt Supply Risk Looms for China Bonds on Fiscal Stimulus Plan

[Reuters] China's industrial profits suffer biggest slump this year, adds to economic woes

[Yahoo/Bloomberg] France Risks Losing Its Spot Among Europe’s Safest Bond Markets

[Reuters] Shigeru Ishiba to be Japan's leader, winning on fifth attempt

[Yahoo/Bloomberg] ‘Asian NATO’ Backer Ishiba to Become Japan PM as Race Jolts Yen

[Reuters] Core inflation in Japan's capital matches BOJ target

[Reuters] Putin draws a nuclear red line for the West

[Bloomberg] Putin's Nuclear Doctrine Isn't His Worst Threat

[NYT] Nuclear Power Is the New A.I. Trade. What Could Possibly Go Wrong?

[WSJ] Sorry, Your Insurance Bill Probably Isn’t Coming Down Much. Here’s Why.

[WSJ] Suddenly, a $200 Hotel Room Feels Like a Bargain

[FT] Chinese stocks post best week since 2008 after stimulus blitz

Thursday Evening Links

[Reuters] Wall St closes higher on strong US economic data

[Yahoo/Bloomberg] Oil Extends Sharp Drop on Prospect of More Saudi, Libyan Supply

[CNN Live Updates] Hurricane Helene strengthens as it barrels toward Florida

[Reuters] Western states weigh up Lebanon evacuation options as ceasefire talks stall

[Reuters] Morning Bid: Roaring Chinese stocks set for best week in a decade

[AP] Ports seek order to force dockworkers to bargaining table as strike looms at East and Gulf ports

[Reuters] Argentina poverty rate soars to nearly 53% in first half of 2024

[Bloomberg] China Bonds Flash ‘Japanification’ Warning Despite Stimulus Plan

[WSJ] How a Storm Like Helene Transforms Into a Monstrous Hurricane

[FT] Netanyahu insists Israel will continue to hit Hizbollah targets

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Off Session High as Traders Weigh Catalysts: Markets Wrap

[AP] Hurricane live updates: Helene is upgraded to Category 2, expected to be a major storm upon landfall

[Reuters] US 30-year fixed-rate mortgage dips to 6.08%, lowest since Sept 2022

[Yahoo/Bloomberg] Pending Sales of Homes in US Creep Up as Borrowing Costs Drop

[Reuters] US core capital goods orders rise in August

[Yahoo/Bloomberg] Fed Exploring Tying Liquidity to Uninsured Deposits, Barr Says

[Reuters] Fed's discount window can be normal funding source for banks, Barr says

[WSJ] Zelensky Seeks Washington’s Permission to Take the Fight to Russia

[FT] Citigroup strikes $25bn deal with Apollo to launch private credit venture