Thursday's News Links

[Yahoo/Bloomberg] Stocks Extend Post-Election Gains Ahead of Fed: Markets Wrap

[Yahoo/Bloomberg] Oil Dips After Election Jolt as Traders Weigh Trump’s Impact

[Yahoo/Bloomberg] China Sets Yuan Fix at Weakest Since 2023 Amid US Tariff Risk

[AP] Federal Reserve is set to cut interest rates again as post-election uncertainty grows

[Yahoo/Reuters] US weekly jobless claims increase moderately

[CNBC] Former Treasury Secretary Mnuchin says Trump’s top priorities will be tax cuts, Iran sanctions and tariffs

[AP] Wildfire tears through Southern California community after burning dozens of homes

[Yahoo/Bloomberg] BOE Delivers Rate Cut With Warning on Budget’s Inflation Hit

[AP] Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade

[Yahoo/Bloomberg] China's exports soar past forecast as factories front-run Trump tariff threat

[Yahoo/Bloomberg] Japan’s Biggest Base Pay Rise in 31 Years Keeps BOJ on Track

[Yahoo/Bloomberg] Trump victory heightens risks for BOJ as yen renews slide

[Yahoo/Bloomberg] Mexico Inflation Picks Up as Investors Eye Another Rate Cut

[AP] An 8-hour Russian drone barrage keeps Kyiv on edge as the war in Ukraine nears 1,000 days

[Bloomberg] The Fed’s Job Gets a Whole Lot More Complicated

[Bloomberg] US Labor Costs Rise More Than Expected on Cooler Productivity

[Bloomberg] Traders Sense an Inflation-Constrained Fed Is Back

[Bloomberg] US Bond Yield Spike Sends Warning to ‘King of Debt’ Trump

[NYT] Here’s What to Watch as the Fed Meets Thursday

[NYT] What Trump’s Win Means for Fed Independence

[WSJ] What’s at Stake With the Fed, Now That Trump Has Won?

[WSJ] If the Fed Is Cutting Rates, Why Aren’t Mortgage Rates Falling?

[WSJ] Trump’s Win Signals More Confrontation With Beijing

[FT] Israel readies plans to expand Lebanon offensive

[FT] Risk assets rally but bond market views Donald Trump’s victory with caution

[FT] Donald Trump’s victory sets up traps for central banks

[FT] Banks face growing risk as double defaults on commercial loans mount

[FT] Chinese exports soar as Beijing prepares for trade tensions with Donald Trump

[FT] Europe’s winter gas supplies at risk from market disruptions

Wednesday Evening Links

[Yahoo/Bloomberg] Asian Stocks to Rise, Yen Steadies After Selloff: Markets Wrap

[Yahoo/Reuters] Firm dollar keeps peers on back foot ahead of BOE, Fed decisions

[Yahoo/Bloomberg] Oil Steadies After Election Jolt as Traders Weigh Trump’s Impact

[Yahoo/Bloomberg] Trump Win Wreaks Havoc on Global Rate-Cut Expectations

[AP] Donald Trump has sweeping plans for a second administration. Here’s what he’s proposed

[AP] Thousands ordered to evacuate as powerful wind-fed wildfire burns homes in Southern California

[AP] China is bracing for fresh tensions with Trump over trade, tech and Taiwan

[Yahoo/Reuters] Half of Japan firms target wage hike of 3% or more for 2025, Reuters survey shows

[Bloomberg] Jerome Powell Is Back in Trump’s World and About to Feel the Heat

[Bloomberg] Japan’s Biggest Base Pay Rise in 31 Years Keeps BOJ on Track

[NYT] Another Jolt of Uncertainty for a Global Economy Mired in It

[NYT] Trump’s Newest Economic Sherpas Are Not Like His Old Ones

[FT] What Big Tech CEOs want from a second Trump presidency