Evening Headlines
Bloomberg:
- U.S. Envoy Wendy Sherman to Visit China as Tensions Build.
- China’s Latest Easing Sparks a Shift Through Its Debt Markets.
- U.S.-China Goods Trade Booms as If Virus, Tariffs Never Happened.
- Covid May Have Claimed as Many as 5 Million Lives in India.
- ECB to Move Stimulus Path for New Inflation Goal: Decision Guide.
- Asian Stocks Advance After Earnings-Led U.S. Climb: Markets Wrap.
- Crude Oil Trades Above $70 a Barrel Following Two-Day Rebound.
- Biden Dismisses Inflation Concerns But Not Hiring Difficulties.
- Powell Has Broad Support Among Top Biden Aides for New Fed Term.
- Debt-Limit Steps May Run Out in October, Budget Office Says.
- Lumber Rises as Canada Wildfires Snarl Production, Shipments.
- Single-Family Rents Climbed at 6.6% Pace in May, CoreLogic Says.
Wall Street Journal:
- Car Dealers Can Keep Rolling After Supply Crunch.
- Tough Biden Talk, Little Action.
- Watch: How TikTok’s Algorithm Figures Out Your Deepest Desires.
- FTC Wants to Make It Easier to Fix Devices.
- Starter-Home Shortage Extends Beyond Major Cities
Fox News:
- White House meeting with CDC to discuss making major change to mask guidance as COVID "surges".
- Biden questions whether parents will be honest about their kids being vaccinated.
- Police point to bigger problem as latest shoplifting video emerges, crime soars.
CNBC.com:
- Local officials across U.S. are starting to reimpose Covid mask rules as delta variant takes hold.
- The bond market is torn over the potential for higher inflation and lower growth.
- Jim Cramer predicts S&P 500 ‘is done getting slammed,’ sees upside ahead.
Zero Hedge:
- Democrat Who Featured In Infamous 'Maskless Flight' Pic Calls For "Universal Mask-Wearing".
- Rockets Target Kabul Presidential Palace As US Afghan Draw Down Enters Final Days.
- National Park Service To Send Data Collected From Special Use Permits To White House.
- Saudi Aramco Targeted In $50M Crypto Extortion Scheme After Major Data Breach.
- Paying Your "Fair Share" Of The Warfare-Welfare State.
- Watch: Capitol Defendant's Attorney Says Detainees Are Being Subject To "Torture!" In Contentious CNN Interview.
- Whitmer Kidnapping Defendants Claim Entrapment After 12 FBI Informants Involved In Plot.
- American Life Expectancy Sees Biggest Drop Since WWII, Erasing 20 Years Of Progress.
- The Fallacy Of Climate Financial Risk.
- Senate Republicans Vote To Block Opening Debate On $1.2 Trillion Bipartisan Infrastructure Deal.
- Musk Sparks Major Crypto Spike, Stock Short-Squeeze Continues.
Newsmax:
TheGatewayPundit.com:
- Mike Lindell Offers $5 Million Reward to Any Cyber Expert Who Can Prove His Voter Fraud Data Invalid.
- Biden Homeland Security Announces Travel Restrictions for Americans at Border Due to COVID Variant But Southern Border Will Remain Open to Illegals.
- Sen. Ron Johnson: Data from Israel Shows 84% of New COVID Cases are with Vaccinated Individuals (VIDEO).
- House Democrats Block Bill to Declassify Intel on Origins of COVID-19 Virus in Wuhan Lab.
- VIDEO: US Women’s Soccer Team Took Knee During Anthem Before Getting Spanked by Swedish Team 3-0 in Olympic Opening.
- He’s Culpable. He’s Lying About It. And He Needs to Be Held Accountable” – Sen. Ron Johnson Says It’s Time to Go After Fauci for Funding Gain-of-Function Research, Lying About It Under Oath (VIDEO).
The Epoch Times:
Covid-19(Data, Maps, Graphs):
- Our World in Data: New Global Covid-19 Cases(7-day rolling average graphs). New Covid Hospital Admissions/ICU Admissions/Deaths
- FT.com: Fully Vaccinated by Country(graph). Global Lockdown Stringency Index(map).
- NYTimes.com: County Trends and Clusters.
- Brown School of Public Health: Covid Severity by State/County(map). US Hospital Capacity.
- CovidActNow: Covid Severity/Infection Rate by Metro Area.
- KFF: US Vaccinations by Race/Ethnicity.
- Carnegie Mellon: Covid-Like Symptoms in Community. Covid Symptom Searches on Google. Covid-Related Dr.Visits. Restaurant Visits. Wearing Masks. (graphs)
- Safegraph.com: Commerce Patterns(graphs).
Night Trading
Morning Preview Links
Earnings of Note
Company/Estimate
- Asian equity indices are +.25% to +1.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 85.5 -.5 basis point.
- China Sovereign CDS 38.25 +.25 basis point.
- Bloomberg Emerging Markets Currency Index 59.92 +.02%.
- Bloomberg Global Risk-On/Risk Off Index 2,854.0 +24.0 points.
- Volatility Index(VIX) futures 20.10 -.04%.
- FTSE 100 futures +.19%.
- S&P 500 futures +.11%.
- NASDAQ 100 futures +.16%.
Earnings of Note
Company/Estimate
Before the Open:
- (ABB)/.40
- (ABT)/1.02
- (ALK)/-.45
- (AAL)/-1.72
- (T)/.79
- (BIIB)/4.60
- (BX)/.77
- (CLF)/1.51
- (DHI)/2.81
- (DHR)/2.05
- (DPZ)/2.88
- (DOW)/2.35
- (FITB)/.81
- (FCX)/.75
- (GPC)/1.54
- (NEM)/.77
- (NUE)/4.78
- (POOL)/5.48
- (DGX)/2.85
- (RS)/4.89
- (SGMS)/.08
- (SNA)/3.24
- (LUV)/-.26
- (UNP)/2.54
After the Close:
- (OZK)/.92
- (SAM)/6.91
- (COF)/4.51
- (CSL)/2.22
- (FE)/.56
- (INTC)/1.07
- (RHI)/1.04
- (SNAP)/-.01
- (TWTR)/.07
- (VRSN)/1.37
Economic Releases
8:30 am EST
- The Chicago Fed National Activity Index for June is estimated to rise to .3 versus .29 in May.
- Initial Jobless Claims for last week are estimated to fall to 350K versus 360K the prior week.
- Continuing Claims are estimated to fall to 3100K versus 3241K prior.
10:00 am EST
- The Leading Index for June is estimated to rise +.9% versus a +1.3% gain in May.
- Existing Home Sales for June is estimated to rise to 5.9M versus 5.8M in May.
11:00 am EST
- Kansas City Fed Manufacturing Activity for July is estimated to fall to 25.0 versus 27.0 in June.
Upcoming Splits
- None of note
Other Potential Market Movers
- The ECB meeting, Eurozone IFO Guidance, weekly Langer Consumer Comfort Index, weekly EIA natural gas inventory report and the (SCHW) business update could also impact global trading today.
- 9:30 am - 4:00 pm EST
No comments:
Post a Comment