MARKET NEWS / CREDIT BUBBLE DAILY

Monday, June 6, 2022

MARKET NEWS / CREDIT BUBBLE DAILY
Monday, June 6, 2022
Doug Noland Posted on June 5, 2022

[Yahoo/Bloomberg] US Stocks Rise on Tech Rally; Dollar Dips: Markets Wrap

[Reuters] Oil prices hit $120 as Saudi July price rise eclipses OPEC+ deal

[Yahoo/Bloomberg] Fed Delivers Fuzzier Rate Message as It Gauges Impact of Hikes

[Yahoo Finance] Dreams of improved supply chains ‘shattered’ for the near term: Citi

[CNBC] Russia thinks it has found a way around Washington’s dollar bond payment blockade

[Reuters] China May services activity contracts for third straight month

[Reuters] Analysis: China’s economic headwinds chill its wary new homebuyers

[Yahoo/Bloomberg] ‘Fake’ Aluminum Stocks Put Perils of China’s Commodities Funding in Spotlight

[Yahoo/Bloomberg] Hedge Funds Bet Against 10-Year Treasuries as Yields Approach 3%

[Reuters] Elliott Associates sues LME for $456 mln over nickel trading halt – HKEX

[Bloomberg] Traders in China Rush to Check Metal Stocks on Pledging Concerns

[Bloomberg] China’s Renewable Energy Fleet Is Growing Too Fast for Its Grid

[WSJ] Inflation, Political Division Put U.S. in a Pessimistic Mood, Poll Finds

[WSJ] Why Variants Keep Covid-19 Cases Simmering in the U.S.

[FT] ECB to firm up plans to ward off bond market stress

[FT] Passive fund ownership of US stocks overtakes active for first time

[FT] Ukraine and the start of a second cold war

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