MARKET NEWS / CREDIT BUBBLE DAILY

Saturday, June 7, 2024

MARKET NEWS / CREDIT BUBBLE DAILY
Saturday, June 7, 2024
Doug Noland Posted on June 7, 2024

[CNBC] Stocks slide after better-than-expected jobs report boosts yields: Live updates

[CNBC] 10-year Treasury yield shoots higher after May payrolls top expectations

[Yahoo/Bloomberg] Gold Slumps as China’s Central Bank Halts 18-Month Buying Spree

[CNBC] U.S. job gains totaled 272,000 in May, more than expected

[Yahoo/Bloomberg] Moody’s May Cut Six US Banks on Commercial Real Estate Exposure

[CNBC] The U.S. added 600,000 new millionaires last year as AI fueled markets

[Reuters] Global equity funds rack up robust weekly inflows on rate cut bets

[Reuters] Japan finance minister says forex intervention should be done in restrained manner

[Yahoo/Bloomberg] Japan’s Households Boost Outlays for First Time in 14 Months

[Yahoo/Bloomberg] Slump in Offshore Yuan Forwards Boosts Talk of PBOC Easing Grip

[Reuters] China’s exports rise solidly, but slower imports temper outlook

[Yahoo/Bloomberg] ECB’s Preferred Pay Gauge Accelerates in New Inflation Warning

[Yahoo/Bloomberg] ECB Officials Get Cautious on More Cuts as Wages Pick Up

[Reuters] Russia, China wrangle with US over UN resolution on Gaza ceasefire plan

[Reuters] China strongly opposes U.S. arms sales to Taiwan, urges withdrawal

[Yahoo/Bloomberg] US Upping Pressure on Houthis in Threat to Yemen-War Truce

[NYT] China’s Exports Surge as Trade Tensions Near Boiling Point

[WSJ] Food Companies Are Still Paying the Price for Years of Inflation

[FT] Tett: There are risks lurking in the world of private capital

[FT] European Central Bank policymakers warn against ‘autopilot’ approach to more rate cuts

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