Thursday, January 5, 2017

Thursday Evening Links

[Reuters] Bank stocks bring down S&P, Dow; techs prop up Nasdaq

[Reuters] Mexico central bank sells $1 billion to prop peso after Trump slump: traders

[Bloomberg] Trump's Trade Team Suggests His Hardnosed Campaign Talk Was No Bluff

[Bloomberg] China Ready to Step Up Scrutiny of U.S. Firms If Trump Starts Feud: Sources

[Reuters] Dismal holiday sales at Macy's, Kohl's spell gloom for sector

[Bloomberg] U.S. Consumer Comfort Gauge in 2016 Was Strongest in Nine Years

[Bloomberg] Draghi’s German Problem Flares Up as Inflation Surge Stirs Anger

[Bloomberg] Mall Companies Fall After Sears Announces Plans to Close Stores

[NYT] China, Seeking to Stop Weakening of Currency, Issues Restrictions

Thursday's News Links

[Bloomberg] Dollar Rally Stymied by China, Fed as Gold Climbs: Markets Wrap

[Reuters] Asian stocks rise for eighth day on strong PMIs, Wall Street gains

[Bloomberg] China’s Epic Short Squeeze Is Back as Yuan Rally Crushes Bears

[CNBC] China’s offshore yuan surges most against dollar in a year

[Bloomberg] Portugal 10-Year Yield Climbs Above 4% as Selloff Deepens: Chart

[Bloomberg] Bears Scramble for Yuan as China Chokes Flows, Supports Currency

[Reuters] China's choices narrowing as it burns through FX reserves to support yuan

[Reuters] China services sector activity rises to 17-month high in December: Caixin PMI

[Reuters] Japan December services PMI rises to 11-month high

[Reuters] UK, China, South Africa downgrade calls loom for Moody's

[Bloomberg] Prices Are Rising Across the Globe. That's a Good Thing, Right?

[Reuters] German economists press ECB to raise interest rates

[Bloomberg] Chinese Media Say ‘Big Sticks’ Await Trump If He Seeks Trade War

[WSJ] Republican Lawmakers Revive ‘Audit the Fed’ Legislation

[FT] It was another great year for investors who avoid hedge funds