Friday, June 16, 2023

Friday, June 16, 2023
Doug Noland Posted on June 16, 2023

[Yahoo/Bloomberg] Global Stocks Head for Best Week Since March: Markets Wrap

[Reuters] Bank of Japan, European Central Bank rate decisions send yen to fresh 15-year low against euro

[Yahoo/Bloomberg] Oil Holds Biggest Jump in Six Weeks on Signs of China Stimulus

[Reuters] Fed’s Waller: Not clear bank failures had a material effect on credit tightening

[Yahoo/Bloomberg] Fed’s Waller Says Fears Over a Few Banks Should Not Alter Policy

[Yahoo/Bloomberg] A $4.2 Trillion Options Event Looms for New Bull Market

[Reuters] U.S. equity funds register biggest weekly inflow in 28 months

[Yahoo/Bloomberg] AI Stock Pickers Grapple With Dot-com Deja Vu

[Yahoo/Bloomberg] ECB Hawks Warn Rate Hikes May Need to Persist Beyond Summer

[Yahoo/Bloomberg] Bundesbank Sees No All-Clear on Inflation Despite Softer Outlook

[Yahoo/Bloomberg] ECB’s Wunsch Says Rate Hikes May Continue Even Beyond September

[Reuters] BOJ keeps ultra-low rates as it looks past inflation risks

[Yahoo/Bloomberg] Ueda Holds Stimulus as BOJ Side Steps Tightening Wave for Now

[Yahoo/Bloomberg] China Faces Pressure to Boost Economy, But Rate Cuts May Not Be Enough

[Reuters] Cheap ‘like cabbage’ apartments in some Chinese cities draw buyers, and caution

[Reuters] Sweden braces for fallout from property slump

[Yahoo/Bloomberg] Shanghai Plant Burns 800 Tons of Coal an Hour to Keep City Cool

[WSJ] A Bank China Built to Challenge the Dollar Now Needs the Dollar

[FT] Why China’s economic recovery is hanging in the balance

[FT] Turkey expected to double rates to 17% as new finance team fights to fix economy


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