- China’s yuan strengthens to 7-month high as yen gains, carry trade unwinds (scmp)
- Carry Trade Unwind Extends as Peso Sinks, Yen and Yuan Surge (bloomberg)
- Global hedge funds increased Chinese stocks exposure in July, Goldman says (scmp)
- China’s services activity expands further, but external demand slows, Caixin PMI shows (reuters)
- Tokyo’s Nikkei dives 12.4 per cent, suffers record points loss (scmp)
- Why investors should buy the ongoing dip in stocks, Fundstrat says (businessinsider)
- Market begins pricing possibility of intermeeting cut (marketwatch)
- The U.S. government ‘cannot afford’ to let Intel struggle over the long term, one analyst says (marketwatch)
- Hurricane Debby Slams Florida After Gaining Fury in Warm Waters (bnnbloomberg)
- Nvidia Stock Dives. Here’s Why. (barrons)
- The Fed needs to make an emergency cut, says Wharton’s Jeremy Siegel (cnbc)
- Opinion: The Sahm Rule, carry trades and recession fear are more than the market can bear (marketwatch)
- Corporate profit growth is on pace for its best quarter since just before 2022’s inflation spell (marketwatch)
- Blame it on the yen? ‘Epic leverage’ in carry trade ‘beyond wildest market dreams’: Boockvar (marketwatch)
- The Longest Inverted Yield Curve In U.S. History May End Soon. What It Means for Stocks. (barrons)
- 2024’s Most Popular Trades Are Unraveling (wsj)
- The Sports Gambling Disaster (mi)
- Scottie Scheffler wins Olympic gold in Paris after incredible final round (foxbusiness)
