Wednesday's News Links

[Bloomberg] U.S. Stocks Gain, Shaking Off Fed Rate Hike Fears: Markets Wrap

[Bloomberg] U.S. Fourth-Quarter Growth Revised Down to 2.5% Annualized Pace

[Bloomberg] Here's What We Learned From Powell's First Fed Chair Testimony

[Bloomberg] Bond Market Déjà Vu? Here's What Will Reveal If Rout Has Legs

[Reuters] Costly dollar hedges tarnish U.S. bonds for overseas investors

[Reuters] Exclusive: U.S. regulators examine Wall Street's Volcker rule wish list

[Bloomberg] May Says No U.K. PM Could Agree to EU Draft Deal: Brexit Update

[CNBC] Signs point to the Japanese yen getting even stronger as the US dollar weakens

[Reuters] BOJ's Kuroda says policy normalization would be 'very gradual'

[Bloomberg] China Factory Gauge Shows Easing Momentum Amid Holiday Season

[Bloomberg] China Plans Curbs on $1 Trillion in Money-Market Funds

[Bloomberg] When Will China Name a New PBOC Chief? Here's What We Know

[NYT] Xi Sets China on a Collision Course With History

[WSJ] Why International Investors Aren’t Buying U.S. Debt

[FT] China manufacturing gauge suffers sharpest fall in 6 years

[FT] Higher hedging costs take shine off US corporate debt

[FT] US tax reform puts bank bonds in the line of fire

[FT] Powell debut steals focus from pressure in the money market

[WSJ] In Syria, Foreign Powers’ Scramble for Influence Intensifies

Tuesday Evening Links

[Bloomberg] Stocks Sell-Off to Reach Asia on Hawkish Powell: Markets Wrap

[Bloomberg] Powell Says Strong Outlook to Prod Fed to Review Rate-Hike Path

[CNBC] Yields started jumping right at this moment when Powell hinted at more rate hikes than expected ahead

[Bloomberg] Fed's Powell Has Bond Traders Pondering Four Rate Hikes in 2018

[Bloomberg] Five Charts to Help You Understand Tuesday's U.S. Economic Data

[CNBC] Executives are falling over themselves to buy back stock — just not with their own money

[Bloomberg] Volatility Options Suffer Bloodbath as ProShares Tweaks Funds

[WSJ] Fed’s Powell Says His Economic Outlook Has Improved

[FT] Powell hints at faster pace of rate rises

[FT] Xi Jinping’s bid to stay in power more of a gamble than it seems

[FT] Taiwan and HK fear China’s harder line after Xi Jinping power play

[FT] Anbang arrest demonstrates Beijing’s hostility to business