Wednesday's News Links

[Reuters] Global stocks greet sign of trade truce extension with glee

[Reuters] Oil rises 1 percent on deepening OPEC supply cuts, sanctions on Venezuela

[Reuters] Consumer price index unchanged in January, vs. expectations of 0.1% gain

[Reuters] 'So far, so good,' Mnuchin says of trade talks in China

[Reuters] Euro zone industrial production falls more than expected in December

[Bloomberg] Euro Industry Posts Biggest Annual Slump Since Financial Crisis

[CNBC] Mortgage applications drop 3.7% as homebuyers pull back

[Washington Post] Record 7 million Americans are 3 months behind on car payments, a red flag for economy

[Reuters] NZ central bank hold rates, signals accommodative policy through 2020

[Reuters] BOJ's Kuroda says it's his responsibility to meet 2 percent target

[Bloomberg] Brexit Talks Head for Late Showdown as No-Deal Crisis Looms

[Reuters] Spain's government loses budget vote, paving way for snap election

[Bloomberg] Emerging Markets Beware: A Recent History of BofAML's Most-Crowded Trades

[Bloomberg] As China Defaults Rise, Ratings Firms Are Little Help

[Bloomberg] China’s High-Stakes Bid to Boost Stocks Risks Inflating Bubble

[FT] Market consensus is too dovish on Fed U-turn

[FT] Markets should be careful what they wish for

Tuesday Evening Links

[Reuters] Asian stocks lifted by U.S.-China trade talk hopes

[Reuters] Wall Street climbs on trade hopes, government budget deal

[Reuters] Trump says he could let China trade deal deadline slip, 'not inclined to'

[AP] National debt hits new milestone, topping $22 trillion

[Reuters] Fed's George says she backed pausing rate hikes in order to assess impact

[Reuters] Red flags emerge as Americans' debt load hits another record

[Reuters] U.S. small business confidence falls to more than two-year low

[Reuters] U.S. job openings hit record high; workers more scarce

[CNBC] A record number of Americans are 90 days behind on their car payments

[Reuters] Fed to finalize plans to end balance sheet runoff 'at coming meetings': Mester

[Reuters] California will not complete $77 billion high-speed rail project: governor

[CNBC] Fed's Powell puts focus on spreading benefits of a strong economy

[Reuters] Italy PM calls for fairer Europe, faces EU anger

[Bloomberg] Passive Funds Overtake Stock-Pickers in the U.S. Large-Cap Market

[Bloomberg] The Fear Is Gone From the Biggest U.S. Junk Rally in a Decade

[NYT] U.S.-China Trade Talks Face Big Obstacle: Ensuring That Promises Are Kept

[WSJ] China, U.S. Seek Broad Outline of a Trade Pact This Week

[WSJ] Trump Signals He May Not Support Border-Funds Deal

[FT] Santander shocks market with bond decision