Wednesday, July 13, 2016

Wednesday's News Links

[Reuters] Oil down 3 percent after smaller-than-expected U.S. drawdown

[Bloomberg] Stocks Climb With Copper as Brexit-Induced Volatility Subsides

[Reuters] Asian shares near 2016 peak as risk appetite improves

[Bloomberg] Offshore Yuan Interbank Rates Jump on Reserves, Intervention Bet

[Bloomberg] Carney Opens Lehman Playbook at Bank of England

[Reuters] 'All the stages of grief': private equity ponders dismal Brexit outlook

[Reuters] Crisis-hit euro governments swayed banks to buy their debt: ECB paper

[Bloomberg] Monte Paschi Bail-In Concerns Stoke Purchases of Credit Swaps

[Bloomberg] Amid Talk of Money Helicopters, Abe Eyes Reboot of Economic Plan

[Bloomberg] China’s Imports From Hong Kong Have Continued to Surge: Chart

[Bloomberg] Gundlach Says Starvation for Yield Creating ‘Mass Psychosis’

[Bloomberg] Hedge-Fund Investors Dump Laggards, 84% Redeem in First Half

[Bloomberg] The World’s Most Powerful Stock Pickers Don’t Manage a Penny

[Bloomberg] Pimco Loads Up on Treasuries as Gundlach to Gross Voice Caution

[Bloomberg] Record Stock-Market Rally Powered by Companies Analysts Despise

[Bloomberg] MUFG Leads Japan Banks Higher After Report on ‘Helicopter Money’

[WSJ] CBO Expects Higher Long-Term Deficits and Lower Interest Rates

[WSJ] Why This Bank Is at the Center of a Battle for Europe

[FT] UK property funds start selling flagship buildings

[WSJ] China’s Zombie Companies Stay Alive Despite Defaults

[Reuters] China vows to protect South China Sea sovereignty after ruling

[CNBC] South China Sea prompts Chinese threats from furious media, Beijing officials

[Bloomberg] Taiwan Sends Frigate to South China Sea in Rebuke Against Hague

[FT] Beijing warns neighbours after South China Sea ruling