Daily News Links

8387 posts

Sunday, August 26, 2018

Evening

• Asian Stocks Set for Gains; Yuan Holds Rise on PBOC: Market Wrap
  BloombergQ
• Turkish Lira Whipsaws as Traders Return From Holiday Break
  BloombergQ
• Mexico, U.S. likely 'hours' away from agreement on NAFTA: minister
  Reuters
• The coming yearlong U.S. trade war with China
  Axios
• Are Emerging Markets Ready for a Crisis?
  BloombergQ, Das
• Trump Paints Xi Into a Corner
  BloombergQ
• At Fed’s Jackson Hole Retreat, Central Bankers Eye New Economic Risks
  WSJ
• Fed officials see consumer costs as tariffs bite
  FT
• US student debt balloons past $1.5tn
  FT
• The Chinese model is failing Africa
  FT

General

• Powell sets Fed's course with data-based judgment
  Reuters
• Fed Keeps Its Cool at Jackson Hole Despite Pressure From Trump
  BloombergQ
• North Korea newspaper blasts 'double-dealing' U.S. after Pompeo's trip canceled
  Reuters
• The Big Hedge-Fund Strategy That Isn’t Working
  WSJ
• Battle stations: Asia’s arms race hots up
  FT

Saturday, August 25, 2018

General

• Much detail, little progress in U.S.-China talks, sources say
  Reuters
• Powell Doctrine Emerges As Fed Chief Debuts At Jackson Hole
  BloombergQ
• Erdogan says commitment of all Turks needed to combat attacks on economy
  Reuters
• Trump cancels Pompeo's trip to North Korea over stalled nuclear diplomacy
  Reuters
• Jay Powell’s path for the Fed is fraught with complications
  FT
• Growth of online retail is changing inflation
  FT

Friday, August 24, 2018

General

• Stocks Advance as Trade Talks End; Dollar Slips: Markets Wrap
  BloombergQ
• Powell sees 'further, gradual' rate hikes ahead as economy continues to hum
  CNBC
• Australian Treasurer Scott Morrison to become next prime minister, ousting Malcolm Turnbull
  CNBC
• No Major Progress in U.S.-China Trade Talks as Tariffs Bite
  BloombergQ
• Exclusive: China to keep hitting back at U.S. over trade, to boost government spending - finance minister
  Reuters
• Fed's Bullard wants to pause rate hikes, Mester does not
  Reuters
• Fed policymakers see rate hikes, blurring dove-hawk divide
  Reuters
• Australian Treasurer Scott Morrison to become new prime minister
  Reuters
• Treasury, IRS move to block blue state workarounds on tax caps
  CNBC
• The Complex Calculations Behind Angela Merkel's ECB Strategy
  BloombergQ
• China seeks domination, U.S. says, after El Salvador dumps Taiwan
  Reuters
• Chill Remains Between China and United States in Latest Trade Talks
  NYT
• Lenders Shunned Risky Personal Loans. Now They’re Competing for Them
  WSJ
• Leveraged loan boom is storing up nasty problems
  FT
• China injects $22bn into banking system
  FT
• Erdogan’s conspiracy claims strike chord in Turkey
  FT
• Emerging markets spur deflationary headwinds
  FT
• U.S.-China Talks Draw a Blank, Bringing Fresh Tariffs Into View
  BloombergSub
• China’s Deposit-Hungry Banks Start to Get Fancy
  BloombergSub

Thursday, August 23, 2018

Evening

• Asia mixed in early trade as US-China tariff talks end with no breakthrough
  CNBC
• Wall St. falters as trade worries weigh
  Reuters
• U.S. 5-year TIPS sold at highest yield since 2009
  Reuters
• U.S.-China trade talks end with no breakthrough as tariffs kick in
  Reuters
• U.S. Senate passes massive spending bill for defense and domestic programs
  Reuters
• The housing recovery isn't over, it just feels like it is
  CNBC
• Why Trump Is Pressuring the Fed on Rates
  BloombergQ
• A 1998 Paper May Yield Clues to Powell’s Themes for Jackson Hole
  BloombergQ
• Active Managers Fall Further Behind the Indexes They Aim to Beat
  BloombergQ
• Climate Change Has Already Hit Home Prices, Led by Jersey Shore
  BloombergQ
• Chicago’s New Idea to Fix Its Pension Deficit? Take On More Debt
  WSJ

General

• Dollar Jumps Ahead of Jackson Hole; Stocks Mixed: Markets Wrap
  BloombergQ
• Turkey says U.S. waging 'economic war', lira weakens
  Reuters
• New home sales fall to 9-month low
  Reuters
• U.S. jobless claims fall, point to labor market strength
  Reuters
• U.S., China impose further tariffs, escalating trade war
  Reuters
• China Policy Levers Jammed in Trump’s Flip-Flop World
  BloombergQ
• China's July grain imports plunge as tariffs on U.S. supplies bite
  Reuters
• Fed's George sees more rate hikes, despite Trump: interviews
  Reuters
• Fed's George says Trump isn't influencing her votes on rate hikes
  CNBC
• Trump says the stock market would crash if he were impeached: 'Everybody would be very poor'
  CNBC
• Turnbull Says He'll Only Step Down If Rivals Produce Signatures
  BloombergQ
• Weidmann Says Time for ECB to Exit ‘Very Expansionary’ Policy
  BloombergQ
• ECB hawk Weidmann sees chances dim of succeeding Draghi
  Reuters
• Iran threatens to hit U.S., Israel after Trump aide warns of 'maximum pressure'
  Reuters
• A Brief History of Bull Markets, From Postwar Boom to Housing Bust
  NYT
• U.S. Seizes on Chinese Economic Vulnerability as Trade Talks Start
  WSJ
• What to Watch for at Fed’s Jackson Hole Symposium
  WSJ
• As Central Bankers Meet, Economic Uncertainties Weigh on Sunny Outlook
  WSJ
• Short Squeeze Roils Wall Street’s Favorite Bond Trade
  WSJ
• What to expect from Federal Reserve chair’s Jackson Hole speech
  FT
• The tricky politics of being a central banker
  FT
• ECB policymakers increasingly confident in inflation reaching target
  FT
• Berlin reportedly ready to ditch ECB hopes in favour of EU top job
  FT

Wednesday, August 22, 2018

Evening

• Caution creeps into Asian markets as U.S. tariff deadline looms
  Reuters
• U.S. Stocks Mixed; Treasuries Rise, Dollar Falls: Markets Wrap
  BloombergQ
• Fed suggests interest rate hike could come soon
  Reuters
• Fed officials worry that the trade war poses the biggest threat to 'strong' economy
  CNBC
• Exclusive: Bolton remarks proof U.S. targeting Turkey in economic war - Erdogan spokesman
  Reuters
• Lula's rising star in Brazil election poll rattles markets
  Reuters
• When and Why the World Went Wrong
  BloombergQ
• Fed Minutes Suggest No Pause in Rate Hikes
  NYT
• Fed Signals Rate Increase at Next Month’s Meeting
  WSJ
• Fed frets over ability to fight next recession
  FT

General

• Wall St. slightly lower on Trump legal woes
  Reuters
• U.S. existing home sales fall for fourth straight month
  Reuters
• Trump legal woes and trade talks cause nerves while EM enjoys respite
  Reuters
• Dollar remains on defensive, U.S.-China trade talks awaited
  Reuters
• U.S., China to resume trade talks in Washington amid low expectations
  Reuters
• Trump: We are going to put a 25% tariff on every car from the European Union
  CNBC
• Trump and China are ratcheting up tariffs. Here's what that means
  CNBC
• Fed chairman Powell assured senator he's not swayed by Trump's criticism
  CNBC
• If Trump Can Strong-Arm the Fed, U.S. Assets May Not Be So Great
  BloombergQ
• Leveraged-Loan Lovefest Will End in Heartbreak
  BloombergQ
• Volatility Trades Are Reborn as Two-Tier Market Spurs New Short
  BloombergQ
• Jackson Hole Gets Added Attention as Key Fed Rate Ticks Higher
  WSJ
• For U.S. to Stay in WTO, China May Have to Leave
  WSJ
• Turkey’s Meltdown Hits Japanese Mom-and-Pop Investors
  WSJ
• Ten years after Lehman collapse few lessons have been heeded
  FT

Tuesday, August 21, 2018

Evening

• U.S. stock futures open lower after Cohen pleads guilty
  Reuters
• S&P touches record high, equals longest-ever bull run
  Reuters
• Brazil currency falls to more than two-year low
  Reuters
• Oil hits one-week high as Iran-driven rally gathers pace
  Reuters
• Fed's Kaplan sees three or four more rate hikes, then a pause
  Reuters
• U.S. lawmakers seek more sanctions on 'menace' Russia
  Reuters
• Trump's former lawyer Michael Cohen pleads guilty, admits to making illegal payments at direction of candidate
  CNBC
• Former Trump campaign chief Paul Manafort found guilty of bank and tax fraud
  CNBC
• Europe Must Create New Monetary Fund That Leaves U.S. Out to Save Iran Deal, Germany Says
  Newsweek
• 8 Ways the Next Round of China Tariffs Could Pinch Consumers
  NYT
• Fed Minutes May Drop Clue About How Long Powell Will Hike Rates
  BloombergSub

General

• U.S. Stocks Edge Higher; Dollar Pares Drop: Markets Wrap
  BloombergQ
• Dollar heads lower a day after Trump rips Fed and calls China and EU currency manipulators
  CNBC
• Exclusive: Trump demands Fed help on economy, complains about interest rate rises
  Reuters
• Exclusive: Trump doesn't expect much from China trade talks this week
  Reuters
• China says won't resort to strong stimulus but will keep liquidity ample
  Reuters
• China's biggest risk may be its property market — not the trade war
  CNBC
• Emerging Markets May Lose Their Friendly Banker
  BloombergQ
• Fed Boss Powell Feels Trump’s Fleeting Loyalty
  BloombergQ
• Trump's attack on Fed crossed 'red line' for markets, could weaken dollar
  CNBC
• Could Trade War Lead to the Real Thing?
  BloombergQ
• Taiwan loses another ally to China
  Reuters
• ‘We Cannot Afford This’: Malaysia Pushes Back Against China’s Vision
  NYT
• U.S. Moves Toward New Tariffs on China Despite Fresh Round of Trade Talks
  WSJ
• Chinese Banks Turn to New Tool to Win Customers
  WSJ
• US and China to attempt revival of trade negotiations
  FT
• Fed chairman has chance to keep economic expectations in check
  FT
• US bull market poised to become its longest
  FT

Monday, August 20, 2018

Evening

• Wall Street ends higher on optimism over trade talks
  Reuters
• U.S. Treasury yield curve flattest in 11 years, moving one step closer to inversion
  MarketWatch
• Turkish Lira Leads Global Losses on Downgrades, Sanction Concern
  BloombergQ
• Exclusive: Trump says not thrilled with Fed's Powell for raising rates
  Reuters
• Trump Complains to Donors in the Hamptons About Powell’s Rate Hikes
  BloombergQ
• Trump takes another shot at Fed Chairman Jerome Powell for raising rates
  CNBC
• Fed's Bostic still expects one more rate increase in 2018
  Reuters
• ECB's Weidmann Says Central Banks May Need to Tackle Imbalances
  BloombergQ
• Doors Slam Shut for China Deals Around the World
  BloombergQ
• India’s Current Account Deficit Likely To Widen To 2.8% Of GDP This Fiscal, Says Nomura
  BloombergQ

General

• U.S. Stocks Track Gains Across Europe, Asia: Markets Wrap
  BloombergQ
• Trade war puts new strains on America Inc's factories in China
  Reuters
• Exclusive: China shifts to Iranian tankers to keep oil flowing amid U.S. sanctions - sources
  Reuters
• Italy's Salvini says government will stand up against market attacks
  Reuters
• Don't expect a 'grand bargain' from new US-China trade talks, expert says
  CNBC
• Qatar and Turkey central banks sign swap agreement: Qatar central bank
  Reuters
• Defiant Erdogan casts Turkey currency crisis in religious, patriotic terms
  AP
• Venezuela's 95% Devaluation Adds to Chaos After Drone Attack
  BloombergQ
• Bridge Disaster - Italy’s Moment of Truth
  BloombergQ
• ECB on course to normalise monetary policy - Bundesbank chief tells paper
  Reuters
• BOJ may be 'stealth tapering' in stock markets, analysts say
  Reuters
• Greece’s Bailout Is Ending. The Pain Is Far From Over.
  NYT
• At Heart of New Fed Debate: Bonds or Bills?
  WSJ
• Luxury Apartment Sales Plummet in New York City
  WSJ
• Venezuelan Crisis Escalates as President’s Economic Plans Fuel Tensions
  WSJ
• US banks tap the brakes on consumer credit
  FT
• Beijing residential rents jump 25% in July
  FT
• Chinese shadow banking contraction set to moderate – Moody’s
  FT
• King dollar: Hedge funds sharpen bet on rising greenback
  FT