MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, June 6, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, June 6, 2023
Doug Noland Posted on June 6, 2023

[Yahoo/Bloomberg] Apple Declines, Oil Retreat Drags Stocks Lower: Markets Wrap

[Reuters] World stocks tread water as traders eye Fed pause prospects

[Yahoo/Bloomberg] Wheat Jumps on Dam Blast as Fighting Escalates in Ukraine

[Reuters] Binance, US affiliate hit by net outflows of $790 mln in last 24 hours

[Yahoo/Bloomberg] SEC’s Lawsuit Against Binance Strikes at Heart of Ailing Crypto Sector

[CNN] SEC sues Coinbase for allegedly acting as an unregistered crypto broker

[CNBC] West Coast port labor issues persist from Los Angeles to Seattle, with supply chain frustration mounting

[AP] California insurance market rattled by withdrawal of major companies

[Reuters] Exclusive: China’s state banks told to lower cap on dollar deposit rates -sources

[Yahoo/Bloomberg] A Wave of Delisting Faces Chinese Developers in Risk to Funding

[Yahoo/Bloomberg] Ukraine Dam Blast Blamed on Russia Tips War Into New Phase

[Reuters] Dam destroyed in Ukraine, flooding war zone

[MSN/NYT] Biden Administration Shrugs Off Ukraine Attacks in Russia

[Reuters] Canal that supplies Crimea getting far less water after Ukraine dam blast, warns Kremlin

[Yahoo/Bloomberg] China’s Assurances on Soaring Local Debt Fail to Ease Concerns

[Reuters] Chinese universities raise tuition fees by as much as 54%

[Yahoo/Bloomberg] Australia Unexpectedly Raises Key Rate, May Tighten Further

[Yahoo/Bloomberg] ECB Says Consumer Inflation Expectations Fell Significantly

[WSJ] Interest-Only Loans Helped Commercial Property Boom. Now They’re Coming Due.

[FT] ‘Fear of missing out’ drives retail investors to ride AI wave

[FT] Half of big multinationals plan to cut office space in next three years

[FT] Dam breach gives Russia a new weapon in Ukraine war

 

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