4th August 2022

  • Fed Leaders Pledge Tough Fight to Keep Inflation Credibility

Big rate hikes boost central bank credentials, Bullard says

A recession could happen, both Barkin and Kashkari say

https://blinks.bloomberg.com/news/stories/RG20AGDWLU68

  • Oil Steadies After Plunge as Traders Grapple With Demand Concern

US data show weaker gasoline usage, rising crude inventories

OPEC+ agrees modest supply increase, warns on spare capacity

https://blinks.bloomberg.com/news/stories/RG2T1PDWX2PW

  • White House Lobbies Democrats Against Bid to Deepen Taiwan Ties

Proposal would designate Taiwan as a major non-NATO ally

Bill risks further inflaming tensions with China over Taiwan

https://blinks.bloomberg.com/news/stories/RG2CA1T0AFB4

  • Dollar Will Rise More as Long as US Growth Is Resilient, TD Says

TD’s McCormick says growth is top driver of currency markets

Yen’s weakness, however, has been more linked to reflation: TD

https://blinks.bloomberg.com/news/stories/RG1KPBDWX2PS

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