Tuesday, October 29, 2024

Wednesday's News Links

[Reuters] US election uncertainty pushes safe-haven gold to record peak

[Yahoo/Bloomberg] Stocks Steady as Alphabet Jumps 5% on Earnings: Markets Wrap

[Yahoo/Bloomberg] Copper Boosted By China Stimulus Hope Ahead of US Rate Decision

[Yahoo Finance] Orange juice futures soar as Cola-Cola prepares for higher costs

[CNBC] U.S. economy grew at a 2.8% pace in the third quarter, less than expected

[Reuters] US economy posts solid growth on election eve

[CNBC] Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says

[CNBC] Mortgage demand stalls as interest rates surge higher ahead of election

[Yahoo/Bloomberg] US mortgage rates increase to 6.73%, highest since late July

[Reuters] In the Market: How Harris, Trump promises could feed market's addiction to the Fed

[Reuters] US shippers avoid East Coast ports on risk of second strike

[AP] Jobs report on eve of election will be among the most distorted in years

[Axios] Congress gripped by fears of post-election violence

[Yahoo/Reuters] Exclusive-China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

[Yahoo/Bloomberg] Australia’s Elevated Inflation Backs Tight RBA Policy Stance

[AP] North Korea sends foreign minister to Russia as its troops train to fight against Ukraine

[Bloomberg] US Efforts to Contain Xi’s Push for Tech Supremacy Are Faltering

[Bloomberg] Global Economic Risks Should Be Faced, Not Ignored

[WSJ] Wall Street Giants to Make $50 Billion Bet on AI and Power Projects

[WSJ] How the Houthis Went From Ragtag Rebels to Global Threat

[FT] Investors’ ‘fear of missing out’ drives gold demand to record high

[FT] Billions in taxes hang in balance for US companies as election nears

[FT] Eurozone economy grows 0.4% in third quarter

Tuesday Evening Links

[Yahoo/Bloomberg] Nasdaq Hits Record as Alphabet Jumps in Late Hours: Markets Wrap

[Yahoo/Bloomberg] Bond Traders Hedge Deeper Selloff, Targeting US 10-Year Yield at 4.5%

[AP] Where has all the rain gone? Bone-dry October strikes much of US

[Reuters] BOJ to Sit Tight as Japan and US Elections Elevate Uncertainty 

[Bloomberg] Asset-Backed Debt Sales Top $313 Billion, Beating Post-Financial Crisis Record

[Bloomberg] Yellen Says Fraud is Huge, Growing Problem in Banking System

[Bloomberg] JPMorgan Says ‘Fear Has Receded’ in a $1.8 Trillion Loans Market

[FT] Iran’s defence budget set to soar as regional tensions rise

Tuesday Afternoon Links

[Yahoo Finance] Gold touches new high, silver surges as metals 'momentum' builds

[Yahoo/Reuters] US consumer confidence rebounds in October

[Yahoo/Reuters] US job openings drop to more than 3-1/2 year low in September

[Yahoo Finance] Wall Street bosses are more worried about inflation than the US election

[Yahoo/Bloomberg] D.R. Horton Delivers Pain for Builders as Buyers Fear High Rates

[Reuters] EU slaps tariffs on Chinese EVs, risking Beijing backlash


Tuesday's News Links

[Yahoo/Bloomberg] Gold Nears Record With Focus on Key US Data and Election Endgame

[CNBC] 10-year Treasury yield hits new 3-month high above 4.3% ahead of key data this week

[Yahoo/Bloomberg] Stocks Pause With Earnings, Election in Focus: Markets Wrap

[Yahoo/Bloomberg] Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data

[Reuters] Morning Bid: Election-agitated Treasuries meet megacap earnings

[Yahoo/Reuters] US monthly house prices rise further in August

[Yahoo/Reuters] US goods trade deficit widens sharply in September on imports

[Yahoo/Reuters] Fed's rate cut revives small business optimism and plans to borrow

[Yahoo/Bloomberg] Fink, Solomon Skeptical Fed Will Cut Two More Times This Year

[Yahoo/Reuters] Deteriorating office loans stress US regional banks' CRE portfolios

[Yahoo/Bloomberg] China Weighs $1.4 Trillion Fiscal Stimulus Package, Reuters Says

[Reuters] Exclusive: China considers over $1.4 trillion in extra debt over next few years

[Reuters] Workers launch strikes as Germany frets over industrial future

[Reuters] No new limits on Ukraine's use of US arms if North Korea joins Russia's fight, Pentagon says

[Reuters] North Korea and Russia send political shockwaves with Ukraine war moves

[Reuters] Ukraine, S.Korea to enhance cooperation to counter N.Korea, Zelenskiy says

[Bloomberg] The Commercial Real Estate Crash Is Battering Even the Safest Bonds

[Bloomberg] Wall Street Sees Lines Blur Between Private Credit and Bank Debt

[Bloomberg] Private Equity’s Next Bet on Artificial Intelligence Is Nuclear Energy

[NYT] How Russia, China and Iran Are Interfering in the Presidential Election

[WSJ] Deficit Threat Drives Bond Yields Higher

[WSJ] Pentagon Runs Low on Air-Defense Missiles as Demand Surges

[FT] ‘Elite units’ and ‘cannon fodder’: North Korean troops enter Russia’s war against Ukraine

[FT] Why Europe’s car crisis is mostly made in China

[FT] China loses third of its billionaires as economy falters