MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, August 22, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, August 22, 2023
Doug Noland Posted on August 22, 2023

[Yahoo/Bloomberg] Stocks Rally as Nvidia Earnings Put Focus on Tech: Markets Wrap

[Reuters] Global stocks extend comeback, U.S. yields touch new peaks

[Yahoo/Bloomberg] China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling

[Yahoo/Bloomberg] Yuan Shorts Hit as Funding Costs Up by Most Since 2017

[Yahoo/Bloomberg] Japan’s Benchmark Bond Yield Hits Nine-Year High in Test for BOJ

[Reuters] S&P downgrades multiple US banks on growing liquidity worries

[Reuters] US economy holds its breath ahead of UPS Teamsters contract vote

[Yahoo/Bloomberg] BOJ’s Ueda Discusses Markets With Kishida Ahead of Jackson Hole

[Reuters] Japan to release Fukushima water into ocean starting Aug 24

[CNBC] Rice prices soar, fanning fears of food inflation spike in Asia

[Yahoo/Bloomberg] Rice Supply Faces New Threat as India Mulls More Limits

[BBC] Brics summit: How China’s and Russia’s clout is growing in Africa

[AP] Ukraine media say Kyiv saboteurs were behind drone attacks on air bases deep inside Russia

[Bloomberg] Dudley: Goodbye to the Bull Market for US Treasury Bonds

[NYT] Why It’s So Hard for China to Fix Its Real Estate Crisis

[FT] It’s far too early to declare the end of inflation

[FT] China’s rate caution shines light on $56tn banking system

[FT] China’s blueprint for an alternative world order

[FT] Crypto has ‘amplified financial risks’ in emerging markets, central banks warn

 

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