MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, July 6, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, July 6, 2023
Doug Noland Posted on July 6, 2023

[Yahoo/Bloomberg] Stocks Slide as Traders Bet on More Hikes: Markets Wrap

[CNBC] 10-year Treasury yield jumps above 4% after ADP jobs data shatters expectations

[CNBC] Private sector companies added 497,000 jobs in June, more than double expectations, ADP says

[Reuters] U.S.’s Yellen begins China visit with both sides locked in confrontation

[Reuters] US layoffs fall to seven-month low in June, report says

[CNBC] Mortgage demand drops to lowest level in a month, as interest rates rise

[Reuters] Fed’s Logan says more rate hikes needed amid unexpected economic strength

[Yahoo/Bloomberg] US VC Deal Spending Falls by Half in Second Quarter, Report Says

[CNBC] JPMorgan warns UK could see ‘hard landing,’ says interest rates could hit 7%

[Yahoo/Bloomberg] PBOC Extends Yuan Support After Offering Reassuring Rhetoric

[Reuters] Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens

[Yahoo/Bloomberg] Germany Factory Orders Jump as Economy Shakes Off Recession

[Reuters] Venture capital funding plunges globally in first half despite AI frenzy

[Reuters] Rice to get costlier as weather, India’s farm perks threaten supply

[Bloomberg] As Ukraine Grain Deadline Approaches, Pact Is Already Broken

[WSJ] Americans Have Quit Quitting Their Jobs

[WSJ] Iran Floods Global Markets With Cheap Oil as Saudi Arabia Cuts Output

[WSJ] Global Atmosphere, Ocean Temperatures Break Records in June

[FT] UK businesses set to continue price rises in response to wage demands, says Bank of England

 

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