MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, July 5, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, July 5, 2023
Doug Noland Posted on July 5, 2023

[Yahoo/Bloomberg] Stocks Fall as China Data Saps Risk Appetite: Markets Wrap

[Yahoo/Bloomberg] Oil Resumes Drop as Traders Weigh Up Latest Gambit From OPEC+

[Reuters] Fed meeting minutes to offer clues on future rate hike appetite

[Reuters] Why a $1.5 trillion source of corporate financing is choking on higher rates

[Reuters] UPS, Teamsters accuse each other of walking away from contract talks

[Reuters] China’s chipmaking export curbs ‘just a start’, Beijing adviser warns before Yellen visit

[Reuters] China’s metal export curbs a ‘warning’ to US and its allies – Global Times

[Reuters] China’s services activity softens as recovery falters – Caixin PMI

[Yahoo/Bloomberg] China Banks Cut Rates for $453 Billion Corporate Dollar Deposits

[Yahoo/Bloomberg] China Property Pain Worsens With Failed Auction, Sino-Ocean Rout

[Yahoo/Bloomberg] Ukraine Recap: Nuclear Tension Surges Amid Frontline Fighting

[Politico] Russian regions on Ukraine border come under fire, local authorities say

[Reuters] Japan’s service activity maintains firm pace as demand picks up – PMI

[Reuters] Euro zone business activity contracts in June

[Yahoo/Bloomberg] German Commercial Property Deals Tumble 50% to Five-Year Low

[Yahoo/Bloomberg] McKinsey Adds to Warnings of Clean-Energy Metals Shortages

[AP] China accuses the US of turning Taiwan into a powder keg with its latest sales of military equipment

[Bloomberg] Subprime Auto Bondholders Face Possible First Hit in Decades

[Bloomberg] Mutiny Aftermath Jolts Ruble as $43.5 Billion Outflow Takes Toll

[WSJ] Rebound in Rates Puts Pressure on Banks

[WSJ] How the Fed and Investors Could All Be Wrong on Rates

[WSJ] Auto Sales Defy Gloomy Forecasts

[WSJ] China’s Weakening Currency Is Becoming a Headache for Its Central Bank

[FT] China gets a new central bank chief as economy struggles for lift-off

[FT] Xi Jinping warned Vladimir Putin against nuclear attack in Ukraine

[FT] Oil market left more vulnerable to shocks by rising cost of money

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