MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, June 28, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, June 28, 2023
Doug Noland Posted on June 28, 2023

[Yahoo/Bloomberg] Chips Drag Down US Stocks; Stoxx 600 Gains: Markets Wrap

[Yahoo/Bloomberg] China Sidesteps Yuan Support After Currency Pulls Back From Lows

[Yahoo/Bloomberg] Oil Fluctuates as Mixed Economic Signals Spur Choppy Trading

[Yahoo/Bloomberg] Nvidia Drops on Report US Plans More AI Chip Curbs for China

[Yahoo/Bloomberg] House Price Cuts Point to Start of Downturn, Zoopla Says

[Reuters] Relentless heat wave scorches US South, air quality deteriorates over Midwest

[Reuters] Over $200 billion potentially stolen from U.S. COVID relief programs, watchdog says

[Reuters] China’s industrial profits tumble, deepening economic gloom

[Yahoo/Bloomberg] Ukraine Recap: Russian Rocket Kills Nine in Ukrainian Restaurant

[Politico] We have reached the point of maximum Russian danger

[Axios] An unstable Russia could hinder Beijing’s ambitions

[Yahoo/Bloomberg] Some ECB Officials Weigh Faster Reduction of Bond Portfolio

[Reuters] Italy rounds on “simplistic” ECB over rate hikes

[CNBC] ECB chief economist warns markets against pricing in rate cuts within the next two years

[Reuters] Taiwan says it spots two Russian warships off its east coast

[FT] Italy’s Giorgia Meloni rails against further ECB rate rises

[FT] China’s $7tn energy overhaul sparks battery ‘gold rush’

 

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