Monday, July 9, 2018

Monday Evening Links

[BloombergQ] U.S. Stocks Rally as Dollar Gains, Treasuries Slip: Markets Wrap

[MarketWatch] Turkish lira sells off sells off after Erdogan appoints son-in-law as finance minister

[Reuters] U.S. bond prices fall as stocks gain for third straight day

[AP] US consumer borrowing up $24 billion in May

[BloombergQ] Merkel Lauds China's Market Opening in Trade Rebuff to Trump

[BloombergQ] Trade Wars Risk Sparking Mass Currency Devaluations

[CNBC] Homeowners are sitting on a record amount of cash – and not tapping it

[BloombergQ] May Fights to Contain Brexit Crisis After Key Ministers Quit

[BloombergQ] Draghi Says Improving Euro-Area Inflation Appears Self-Sustained

[BloombergQ] Turkey Strips Government of Role in Naming Central Bank Chief

[Reuters] Turkey's Erdogan names son-in-law finance minister in new cabinet

[BloombergQ] Emerging-Market Carry Trade Makes Comeback

[Reuters] Trump suggests China might be interfering in U.S.-North Korea talks

[WSJ] House Money: Wall Street Is Raising More Cash Than Ever for Its Rental-Home Gambit

[FT] Draghi delivers bullish assessment of eurozone economic prospects

[FT] Trump hits out at Germany ahead of Nato summit

Monday's News Links

[BloombergQ] Stocks Climb Before Earning Season; Dollar Weakens: Markets Wrap

[Reuters] Chinese stocks have best day in two years, yuan firms despite tariff blow

[Reuters] Oil prices climb on global demand, U.S. sanctions on Iran

[Politico] Trump’s trade war was decades in the making

[Reuters] Pain and pressure: market turmoil pushes some China funds to the brink

[Reuters] Sea of red in Treasury market may signal bond boom is over

[BloombergQ] After Years of Easing, Meet Quantitative Tightening: QuickTake

[CNBC] The US is facing soaring trade deficits, but rising energy prices are a bigger danger

[Reuters] China's offshore debt crackdown adds outflow risk

[Reuters] BOJ's Kuroda expresses resolve to keep ultra-easy monetary policy

[NYT] Inside China’s Dystopian Dreams: A.I., Shame and Lots of Cameras

[WSJ] U.S. Exporters Will Be a Surprise Loser From Tariff Fight

[WSJ] Central Banks Try to Bolster Their Currencies. It’s Not Always Working

[WSJ] Business-Loan Drought Ends for Banks

[WSJ] Wage Gains Threaten to Squeeze Retail, Industrial Profits

[FT] Italy’s debts to European Central Bank near €500bn

[FT] China scales back property subsidies, adding to growth concerns

[FT] UK government in disarray as Davis resigns as Brexit secretary