Wednesday, January 30, 2019

Thursday's News Links

[Reuters] Friendly Fed fires world stocks to best January on record

[Reuters] Dollar weaker on Fed's dovish outlook; Aussie dollar, euro gain

[Reuters] U.S. weekly jobless claims jump to near one-and-a-half year high

[Reuters] Trump upbeat on China trade talks but wants to meet Xi to cinch deal

[CNBC] China says its manufacturing activity contracted for the second-straight month in January

[AP] Italy slides into recession, darkening outlook for Europe

[NYT] The Hot Topic in Markets Right Now: ‘Quantitative Tightening’

[WSJ] Central Banks Signal End to Short-Lived Era of Restraint

[WSJ] The Fed’s Mysterious Pause

[FT] Federal Reserve’s ‘momentous’ U-turn prompts puzzlement

[FT] Central bank gold-buying reaches half-century high

[FT] China official manufacturing PMI details ‘not so reassuring’

[FT] US companies turn to junk bonds over loans to fund deals

[FT] Italy’s faltering economy will put populists’ plans to the test

[FT] Liquidity tops list of FX concerns for 2019, says JPM survey

[Bloomberg] India’s Still-Reeling Shadow Banks Face Fresh Cash Shortage Risk

Wednesday Evening Links

[Reuters] Stocks surge on Fed pledge to pause, dollar slips

[CNBC] Gold rises after Fed points to slower pace of rate hikes

[Reuters] In a shift, Fed will be 'patient' on future U.S. rate hikes

[AP] Fed sees low rates well into future and excites Wall Street

[AP] For US-China trade talks, hopes are high, expectations low

[CNBC] Private companies add 213,000 jobs in January, easily topping expectations: ADP/Moody’s Analytics

[CNBC] Pending home sales drop in December despite much lower interest rates

[Reuters] Investors flood U.S. bond funds with cash for 3rd straight week -ICI

[NYT] Fed Signals End of Interest Rate Increases

[WSJ] Fed Leaves Rates Unchanged, Signals Possible End to String of Rate Increases

[WSJ] Powell Now Owns the Fed’s Balance-Sheet Problem

[FT] Fed puts rate rises on hold as global economy slows

[Bloomberg] Europe Stays in Gloomy Mood as Germany Slashes Its 2019 Outlook

[Bloomberg] ECB Stimulus Looks Endless Now. Here's What It Means for Markets