MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, June 20, 2024

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, June 20, 2024
Doug Noland Posted on June 20, 2024

[Yahoo/Bloomberg] US Stocks Set for New High as Rate-Cut Hopes Build: Markets Wrap

[Reuters] Dollar rises, pound, Swiss franc drop on busy central bank day

[Yahoo/Bloomberg] Oil Holds Above $85 as Traders Await Fresh US Stockpile Data

[Reuters] US weekly jobless claims fell in latest week

[CNBC] Mortgage demand flattens even as interest rates hit the lowest level since March

[Dow Jones] Housing starts fall to a four-year low

[CNBC] Why buy now, pay later debt could become a problem for the U.S. economy

[Axios] Record heat wave leaves 94 million under heat alerts in eastern U.S.

[Yahoo/Bloomberg] China Loosens Grip on Yuan With Weakest Fixing Since November

[Reuters] China leaves benchmark rates steady as PBOC walks tight rope

[Yahoo/Bloomberg] BOE Leaves Rates on Hold, Hinting at Readiness for Cuts

[Reuters] Bank of England keeps rates at 5.25% ahead of UK election

[Reuters] Swiss National Bank continues rate cuts

[BBC] French elections: How do they work and why are they so significant?

[Yahoo/Bloomberg] Drone-Sinking of Coal Ship Takes Red Sea Perils to New Level

[Yahoo/Bloomberg] Stocks’ Relentless Rally Makes Bears Endangered on Wall Street

[Yahoo/Bloomberg] Massive Power Blackout Hit the Entire Nation of Ecuador

[Bloomberg] Putin’s Hybrid War Opens a Second Front on NATO’s Eastern Border

[WSJ] It’s Going to Cost More to Stay Cool This Summer

[WSJ] China’s Central Bank Hints at Major Policy Shift

[WSJ] ‘Only Pirates Do This’: China Wields Axes and Knives in South China Sea Fight

[FT] France’s unbalanced power structures are storing up trouble

[FT] Hizbollah warns Israel of war ‘without limits’ and threatens Cyprus

[FT] ECB urges Eurozone countries to cut high levels of debt

[FT] Japan and South Korea sound alarm over Putin-Kim military pact

 

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