MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, July 13, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, July 13, 2023
Doug Noland Posted on July 13, 2023

[Yahoo/Bloomberg] Stocks Extend Rally as Risk-On Mood Sinks Dollar: Markets Wrap

[Reuters] Gold hits 4-week peak as Fed seen nearing end of rate hikes

[Reuters] Oil Gains on Easing US Inflation as IEA Still Sees Record Demand

[Dow Jones] Jobless claims drop to 237,000 and point to still-strong U.S. labor market

[AP] US wholesale prices for June point to further easing of inflation pressures

[Yahoo/Bloomberg] Bonds Are Hostage to an Elusive Neutral Rate That Keeps Shifting

[Reuters] Excessive heat is baking US Southwest and expected to get worse

[Yahoo/Bloomberg] Tornado Hits Chicago Area, Forcing Over 330 Flight Cancellations

[Reuters] Bank of Canada’s record tightening campaign exposes lenders’ mortgage risks

[Yahoo/Bloomberg] BOJ Speculation Stirs in Tokyo as Traders Weigh July Policy Tweak

[Reuters] China’s exports fall most in three years as global economy falters

[Yahoo/Bloomberg] China’s Worse-Than-Expected Exports Deal New Blow to Economy

[Yahoo/Bloomberg] China’s $400 Billion Pension Sends New Warning on Debt Risks

[Yahoo/Bloomberg] Investors Slash China Local Government Bond Tenors to Shortest On Record

[Reuters] Germany publishes new strategy on ‘increasingly assertive’ China

[Reuters] Russian general says top military brass betrayed soldiers fighting in Ukraine

[Reuters] G20 to discuss international debt architecture, more loans to developing nations

[Reuters] Fall from grace: How the property crash unravelled Sweden’s SBB

[Yahoo/Bloomberg] Hong Kong to Ban Japan Seafood If Fukushima Wastewater Released

[Reuters] Southern Europe swelters as Cerberus heatwave bites

[Yahoo/Bloomberg] India Considers Banning Most Rice Exports on Inflation Fears

[Bloomberg] Wall Street Results Expected to Take a Hit From Cost Pressures, Rate Struggle

[NYT] Looming U.S. Investment Restrictions on China Threaten Diplomatic Outreach

[WSJ] Banks Can’t Shortchange Savers Forever

[WSJ] Insurers Are in the Hot Seat on Climate Change

[WSJ] China’s Drop in Exports Signals Deepening Slowdown in Global Trade

[WSJ] Xi Jinping Chokes Off Crucial Engine of China’s Economy

[FT] US junk bond market shrinks as rising rates put off borrowers

[FT] A global subsidy war? Keeping up with the Americans

[FT] Why China is flirting with deflation as the west battles high prices

 

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