Daily News Links

8602 posts

Thursday, November 21, 2019

Evening

• Wall Street muted on doubts over progress in U.S.-China trade deal
  Reuters
• U.S. existing home sales rise more than expected in October
  Reuters
• Senate passes short-term funding bill to avert shutdown as deadline looms
  CNN
• Fitch downgrades Bolivia amid political instability
  Reuters
• U.S. States Boost Spending at Fastest Pace Since Recession
  Bloomberg
• Helicopter Money Isn’t the Solution to Sluggish Growth, BIS Says
  Bloomberg
• The World May Have a Bigger Problem Than a Potential Recession
  Bloomberg
• India Lenders Brace for Possible $5 Billion Shadow Bank Writeoff
  Bloomberg
• China’s skyscraper boom comes down to earth
  FT

General

• Wall Street edges lower after conflicting signals on trade
  Reuters
• Dollar dips as spotlight remains firmly on U.S./China trade
  Reuters
• China says it will strive to reach 'phase one' trade deal with U.S
  Reuters
• China bats away rumors, says trade talks with US continue
  AP
• Trump signing pro-Hong Kong rights bill into law will worsen US-China relationship, former US ambassador to China says
  CNBC
• US, China on ‘doorstep’ of trade war deal, but ‘phase one’ tariff removal holding up talks, sources say
  SCMP
• China needs to ensure policies boost economy - Premier Li
  Reuters
• Louis Bacon to close New York-based Moore Capital hedge fund - FT
  Reuters
• A digital bank that raised $110 million from investors including Leonardo DiCaprio has run into trouble
  CNBC
• Protesters stay holed up on Hong Kong campus, surrounded by riot police
  Reuters
• China’s Top Negotiator ‘Cautiously Optimistic’ About Reaching Trade Deal
  Bloomberg
• Trump Expected to Sign Hong Kong Bill Despite China Threats
  Bloomberg
• Two China Firms’ Dollar Bonds Sink in Shandong as Woes Grow
  Bloomberg
• Authers: The Unnerving Mystery of a $6.6 Trillion Dead Calm
  Bloomberg
• CLOs Cracked Like No Other Credit Market. So Now What?
  Bloomberg
• Kissinger Says U.S. and China in ‘Foothills of a Cold War’
  Bloomberg
• Henry Paulson Sounds Alarm: U.S.-China Relations May Only Get Worse
  NYT
• How the Discount Window Became a Pain in the Repo Market
  WSJ
• Facing Real Estate Slowdown, Jeff Greene Regrets Building His Megamansion
  WSJ
• Money pours into US corporate debt despite warnings
  FT
• BoJ’s stock-buying programme starts to sputter
  FT

Wednesday, November 20, 2019

Evening

• Wall Street falls on concerns of U.S.-China trade deal delay
  Reuters
• Treasuries - U.S. yields tumble on continued U.S.-China trade tension
  Reuters
• Congress passes Hong Kong rights bill as Trump tries to strike China trade deal
  CNBC
• 'Phase One' U.S.-China trade deal may not be completed this year: trade sources
  Reuters
• Trump says he doesn't think China is 'stepping up' in trade talks
  Reuters
• Fed minutes show rates on hold, little hurry to change course
  Reuters
• The Fed is looking at a ‘standing repo’ operation to handle overnight funding issues
  CNBC
• Fed Fretted About Economic Risk While Shifting From Cuts to Hold
  Bloomberg
• House Plans Vote Backing Hong Kong, Defying China’s Warnings
  Bloomberg
• Frozen in Place: Americans Are Moving at the Lowest Rate on Record
  NYT
• Trump Blames Beijing for Lagging Trade Talks
  WSJ
• Fed Officials Cut Rates Last Month Amid Worries on Trade, Global Growth
  WSJ
• India’s central bank takes over troubled lender
  FT

General

• Wall Street lower as Hong Kong bill escalates U.S.-China tensions
  Reuters
• Sino-U.S. spat over Hong Kong knocks world shares off 22-month high
  Reuters
• China accuses US of interference after Senate passes bills supporting Hong Kong protesters
  CNBC
• Beijing tariff demands may expand U.S.-China 'phase one' trade deal significantly
  Reuters
• Junk loan market tensions signal end of buyout-led binge
  Reuters
• China cuts new benchmark lending rate to lower costs, shore up economy
  Reuters
• Japan's exports post worst fall in 3 years as shipments to U.S., China drop
  Reuters
• Options fade for last Hong Kong campus protesters as U.S. bill angers China
  Reuters
• Congress Gets a Lesson in MMT Even as Deficit Nears $1 Trillion
  Bloomberg
• China Struggles to Hit Back at U.S. Without Hurting Itself
  Bloomberg
• China Bank Guarantor Pays Distressed Tewoo’s Bond Interest
  Bloomberg
• Defaults in China’s Private Sector Mount as Tunghsu Joins List
  Bloomberg
• ECB Flags Risks to Financial Stability From Its Own Stimulus
  Bloomberg
• Yields of 100% Push Lebanon’s Bonds Into Venezuela Territory
  Bloomberg
• India’s Central Bank Takes Control of Dewan Housing Board
  Bloomberg
• Stalled U.S.-China Trade Talks Raise Threat of Another Impasse
  WSJ
• France and Italy warned by Brussels over high debt levels
  FT

Tuesday, November 19, 2019

Evening

• Retail sector weighs on Wall Street; Dow and S&P end lower
  Reuters
• Oversupply angst drags oil lower, stocks drift near highs
  Reuters
• U.S. Senate unanimously passes Hong Kong rights bill
  Reuters
• Trump threatens higher tariffs if China doesn’t make a trade deal
  CNBC
• Without a China trade deal, the U.S. will hike tariffs: Trump
  Reuters
• U.S. services data suggests upward revision to third-quarter GDP
  Reuters
• Renting a single-family house just got more expensive
  CNBC
• Many Americans Over 65 Face Economic Insecurity, Even If They’re Healthy
  Yahoo/Bloomberg
• Besieged Hong Kong campus protesters seek escape routes
  Reuters
• Inside the PBOC’s Struggle to Balance China’s Growth and Debt
  Bloomberg
• The $15 Billion Reason Why Asia Bond Defaults Could Rise
  Bloomberg
• U.S., China to Tie Tariff Relief to Failed Deal From May
  Bloomberg
• Pence Warns Trade Deal ‘Very Hard’ If Hong Kong Uses Violence
  Bloomberg
• Stalled U.S.-China Trade Talks Raise Threat of Another Impasse
  WSJ
• Foreign Holdings of U.S. Government Debt Fall by Most Since 2017
  WSJ
• Retailer Results Send Mixed Signals on Consumer Spending
  WSJ
• Why Cheap Money Hasn’t Led to a Corporate Spending Boom
  WSJ
• Easy money is papering over big cracks in India
  FT

General

• S&P 500, Dow retreat from record levels as Home Depot, Kohl's weigh
  Reuters
• U.S. housing starts rebound; permits highest in over 12 years
  Reuters
• Trump says he told Fed's Powell U.S. interest rates are too high
  Reuters
• Kuroda denies ever saying BOJ has unlimited tools to ease policy
  Reuters
• Return of short-selling bans: market protection or 'war against truth'?
  Reuters
• Protests to Continue as Hundreds Hospitalized: Hong Kong Update
  Bloomberg
• Chinese Electronics Firm Misses Repayment of Local Bonds
  Bloomberg
• PBOC’s Yi Calls for More Credit to Keep Economic Growth on Track
  Bloomberg
• A Health Check of India Shadow Banks Points to Prolonged Trouble
  Bloomberg
• Goldman Says Hedge Funds Are Staging a Comeback
  Bloomberg
• Trump’s Made-for-TV Trade War Keeps World Guessing
  NYT
• Technology Stocks Head Toward Best Year Since 2009
  WSJ
• The absence of fear is a little scary in itself
  FT

Evening

• Asian shares soft as trade doubts creep back in
  Reuters
• Trump, Powell met Monday at White House to discuss economy
  Reuters
• Lawmakers urge U.S. government to tighten export controls to China on security fears
  Reuters
• Gary Cohn: Trump knows he’ll lose ‘credibility’ with China if he blinks on tariff deadline
  CNBC
• At Hong Kong university, a daring escape but fears of bloodshed
  Reuters
• Fed’s Rosengren Says Pursuing 2% Inflation Could Distort Markets
  Bloomberg
• China's Local Governments Now Guarantee $842 Billion of Credit
  Bloomberg
• China issues warning over Hong Kong court decision to overturn mask ban
  FT

Monday, November 18, 2019

General

• Wall Street at record levels after U.S. extends Huawei reprieve
  Reuters
• Mood in Beijing about trade deal is pessimistic, government source tells CNBC
  CNBC
• Trump and Powell met Monday at White House to discuss economy
  Reuters
• The United States’ dubious privilege of being a key currency country
  CNBC
• China Central Bank Warns on Growth Pressure, Inflation Views
  Yahoo/Bloomberg
• Harbin Bank shares rise after state takes control in deal worth $2 bln
  Reuters
• China calls on U.S. to 'stop flexing muscles' in South China Sea
  Reuters
• U.S. condemns "unjustified use of force" in Hong Kong: senior official
  Reuters
• Hong Kong protesters pinned back on campus amid fears of crackdown
  Reuters
• China says carrier's passage through Taiwan Strait not directed at any target: Xinhua
  Reuters
• China will not tolerate any Taiwan independence incidents: defense spokesman
  Reuters
• Iran's Guards warn of 'decisive' action if unrest continues
  Reuters
• 5-Star's crisis threatens Italian government's survival
  Reuters
• U.S., China Trade Negotiators Discuss Concerns of Phase One
  Bloomberg
• China Trims Market Borrowing Costs as Economic Outlook Dims
  Bloomberg
• Record $300 Billion of Asian Bond Sales Stirs Debate on Returns
  Bloomberg
• Hong Kong Home Sales Plunge as Violent Protests Shut Down City
  Bloomberg
• Why China’s Smaller Banks Are Wobbling
  WSJ
• China’s central bank cuts short-term lending rate
  FT
• Why global capital flows could wreck the bond rally
  FT
• Alarm sounds over heavy short selling of junk bond ETFs
  FT
• Rise of sub-zero bond yields turns economic logic on its head
  FT
• Dividend growth falters as global economy slows
  FT

Evening

• Asia shares in waiting mode ahead of Fed, ECB events
  Reuters
• Currencies off to cautious start, China-U.S. trade deal in focus
  Reuters
• Oil prices flat with markets on hold for progress in U.S.-China trade talks
  Reuters
• China is building up its ‘shadow reserves’ to counter its reliance on the US dollar
  Reuters
• Trump hails 'cash' to farmers, U.S. aid in China trade war
  Reuters
• Hong Kong police seal off university amid fears of crackdown
  Reuters

Sunday, November 17, 2019

General

• China, U.S. had 'constructive' phone call on trade: Xinhua
  Reuters
• U.S. stock market at record but farm bankruptcies at highest since 2011
  MarketWatch
• Saudi Aramco’s IPO is set to value the oil giant at up to $1.7 trillion
  CNBC
• Hong Kong campus protesters fire arrows as anti-government unrest spreads
  Reuters
• Lebanon mired deeper in crisis after Safadi withdrawal
  Reuters

Saturday, November 16, 2019

General

• China central bank to maintain prudent policy to prevent inflation from spreading
  Reuters
• China's PLA soldiers help clean up Hong Kong streets as protesters leave campuses
  Reuters
• Protesters retake part of bridge in central Baghdad
  Reuters
• China Central Bank Warns on Growth Pressure, Inflation Views
  Bloomberg
• Lebanon Bond Sell-Off Eclipses Argentina as Unrest Flares Up
  Bloomberg
• ECB’s Muller Says More Assets Could Join Stimulus List in Slump
  Bloomberg
• Chinese State-Backed Investors Extend Support to Yet Another Bank
  WSJ
• Mainland Chinese Soldiers Take to Hong Kong Streets for First Time During Protests
  WSJ

Friday, November 15, 2019

Evening

• Trade deal hopes, surging health stocks power Wall Street to highs
  Reuters
• Fed says U.S. financial system resilient; flags low rates, 'stablecoin' as risks
  Reuters
• S&P downgrades Lebanon's credit rating amidst ongoing protests
  Reuters
• Climate change, human activity rub salt into Venice's wounds
  Reuters
• Millions of acres of Canadian canola freeze, compounding 'harvest from hell'
  Reuters
• Fed Warns Prolonged Low Interest Rates Could Spark Instability
  Bloomberg

General

• U.S.-China trade hopes revive stocks, protests leave scars
  Reuters
• U.S. retail sales rebound, but big-ticket purchases drop
  Reuters
• Industrial output falls by most in 17 months in October
  MarketWatch
• U.S., China trade talks to continue Friday: U.S. commerce chief
  Reuters
• China central bank injects 200 billion yuan to boost liquidity, keeps rate unchanged
  Reuters
• China's Oct home prices rise 0.5% from previous month
  Reuters
• Fewer Chinese cities report home price gains in Oct
  Reuters
• Global debt to top record $255 trillion by year's end
  Reuters
• Hong Kong condemns attack on justice secretary as protests paralyze city
  Reuters
• Highlights: Hong Kong paralyzed for fifth day, students guard campuses
  Reuters
• China Injects Cash Into Banking System as Growth Slows
  Bloomberg
• Home-Price Growth in China Is the Weakest Since March 2018
  Bloomberg
• Severe $15.8 Trillion Pension Crisis Looms Worldwide, G-30 Says
  Bloomberg
• Indian Consumer Spending Falls First Time in Four Decades: BS
  Bloomberg
• Bridgewater’s Ray Dalio Warns of Capital War Between U.S., China
  Bloomberg
• U.S.-China Trade Deal Near, but Trump Not Ready to Sign Off, Kudlow Says
  WSJ
• Fiscal rethink poses risk to market foundations
  FT
• Fingers point at hedge funds after Japan bond sell-off
  FT