Thursday's News Links

[Bloomberg] Stocks Pare Drop, Dollar Rises as Fed Effect Dims: Markets Wrap

[Bloomberg] U.S. Jobless Claims Decline to a Five-Week Low of 234,000

[Bloomberg] Cohn Backs Wall Street Split of Lending, Investment Banks

[Reuters] Fed and Trump signals give stocks double trouble

[Bloomberg] Fed's Williams Sees Balance-Sheet Shrinking Taking Five Years

[Bloomberg] Stock Vulnerability Exposed During Biggest Reversal in 14 Months

[Bloomberg] China's Local Debt Nightmare Is Getting a Rerun After Rating Cut

[Reuters] China March services activity expands at weakest pace in six months: Caixin PMI

[Bloomberg] Draghi Struggles to Shut Down ECB Debate Weidmann Wants to Have

[Bloomberg] Draghi Draws Line Under ECB Rate Debate and Warns on Prices

[Bloomberg] German Factory Orders Recover as Economic Momentum Strong

[Bloomberg] India Unexpectedly Tightens, Flags Cash Tools to Curb Prices

[Reuters] Czech central bank scraps currency cap againt euro

[Bloomberg] Trump’s Xi Summit Tests His Promise to Win on Trade, North Korea

[Reuters] U.S., Japan, South Korea discuss North's latest threat before Trump-Xi summit

[WSJ] Donald Trump’s Foreign Policy Tested by Syria, North Korea Crises

[WSJ] Global Markets Fall on Uncertainty Over U.S. Policy

[FT] The ECB’s upcoming repo market headache

[FT] ‘Shadow banks’ step into the spotlight

Wednesday Evening Links

[Bloomberg] U.S. Stocks Fall With Dollar as Treasuries Rise: Markets Wrap

[Bloomberg] Traders Bet the Fed Will Slow Rate Hikes to Shrink Balance Sheet

[Reuters] Most Fed policymakers see change to balance sheet policy 'later this year': minutes

[CNBC] Federal Reserve wants to start unwinding the $4.5 trillion in bonds on its balance sheet this year

[Bloomberg] Inside the Fed’s March Meeting: The Annotated Minutes

[Bloomberg] Macron Slips Post Debate Making Him Tied With Le Pen, Poll Shows

[Bloomberg] Here's What Financial Markets Are Telling Us About the Economy

[Bloomberg] Manhattan Townhouse Sells for a Record $79.5 Million

[Bloomberg] Thailand Gets That Hot-Money Feeling, But Inflow Curbs Are Tough

[Reuters] For Trump, Mar-a-Lago is place to break the ice with China's Xi

[WSJ] Fed Officials Expect to Whittle Down Portfolio Later This Year: Minutes

[WSJ] Why the Refinancing Slowdown Matters for the Fed

[WSJ] Trump Signals Change in Syria Policy