Monday, January 6, 2025

Tuesday's News Links

[Yahoo/Bloomberg] Dollar Extends Losses; Nvidia Set for Fresh Gains: Markets Wrap

[Yahoo/Bloomberg] Gold Edges Higher on Dollar Weakness With Tariff Risk in Focus

[Yahoo/Bloomberg] China’s Central Bank Buys More Gold as Prices Trade Near Record

[Yahoo/Bloomberg] Oil Edges Up as Supply Concerns Counter Signs of Overdone Rally

[Yahoo/Bloomberg] Credit Markets Signal Warning for a Relentless Equity Rally

[Yahoo/Bloomberg] Japan Warns on Speculative FX Moves After Yen Hits 6-Month Low

[Yahoo/Bloomberg] China’s Widest-Ever Yield Discount to US Pressures Sluggish Yuan

[Yahoo/Bloomberg] Currency Options Trading Is Skyrocketing as Politics Upend Bets

[CNBC] Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says

[Yahoo/Bloomberg] AI Startup Funding Hit a Record $97 Billion in 2024

[AP] After 2 years of shortfalls, California governor proposes $322B budget with no deficit

[CNN] Musk plays politics abroad as world leaders brace for Trump’s return

[Reuters] Morning Bid: Inflation runs hot in the euro zone

[Yahoo/Bloomberg] UK Debt Costs Hit Highest Since 1998 as Issuance Flood Begins

[Yahoo/Bloomberg] Bond Market in Europe Sees More Issuers Than Ever in Single Day

[Yahoo/Bloomberg] Europe Set for Coldest Weather in Years as Gas Stocks Deplete

[Yahoo/Bloomberg] Yuan Short Sellers Squeezed by Soaring Hong Kong Funding Costs

[Yahoo/Reuters] Another year of big wage hikes likely at big Japan firms, business lobby chair says

[Bloomberg] Holiday Online Sales Hit a Record $241 Billion in US, Adobe Says

[Bloomberg] US Trade Deficit Widens on Largest Jump in Imports Since 2022

[Bloomberg] Yellen Tells China’s Vice Premier Hacks Raise ‘Serious Concern’

[Bloomberg] Markets Better Get Used to Trump’s Manic Mondays

[Bloomberg] Shipping Rates Start 2025 With a Spike on Tariff, Strike Worries

[Bloomberg] Macron Warns Iran’s Nuclear Program Close to Point of No Return

[WSJ] Elon Musk Is Roiling European Politics

[FT] US corporate bankruptcies hit 14-year high as interest rates take toll

[FT] Eurozone inflation jumps to 2.4% in third consecutive rise

Monday Afternoon Links

[Yahoo/Bloomberg] Stocks Get Tech Lift as Nvidia Jumps Toward Record: Markets Wrap

[Yahoo/Bloomberg] US Yields Hit 14-Month High Amid Auctions, Tariff Speculation

[Yahoo/Bloomberg] Oil Holds Steady on Saudi Price Hike, Tighter Physical Market

[Yahoo Finance] Trump doubles down on his tariff proposal, denying a shift in approach 

[Reuters] Trump wants swift action in Congress whether in one bill or two

[AP] Polar vortex keeps a huge swath of the US in its icy grip

[AP] Top Federal Reserve bank regulator, under fire from GOP, to step down next month

[Yahoo/Bloomberg] Fed’s Cook Says Officials Can Be More Cautious With Rate Cuts

[Reuters] Explainer: How Trump could influence the makeup of the Fed

[Yahoo/Bloomberg] Wall Street Bond Bear Sees US 10-Year Yield Topping 5%

[AP] Live updates: Canadian Prime Minister Trudeau resigns as Liberal Party leader

[Reuters] Exclusive: Chinese exchanges ask big fund managers to restrict stock selling

[WSJ] Fed Vice Chair Barr Steps Down to Sidestep Potential Legal Battle With Trump