Monday, March 4, 2019

Monday Evening Links

[Reuters] Asian shares retreat, China cuts growth target

[Bloomberg] Trump and Xi Are Close to a Deal, But the Trade War Isn't Over

[AP] China sets 2019 economic growth target at 6 to 6.5 percent

[Reuters] U.S. Treasury says taking extraordinary measures to avoid debt ceiling

[CNBC] Chinese premier: 'We must be fully prepared for a tough struggle'

[Reuters] China raises budget deficit to 2.8 percent of GDP: policy report

[Reuters] Australia's economy may have stalled in fourth-quarter, outcome a close call

[Reuters] S&P downgrades debt-laden Mexican state oil firm Pemex

Monday's News Links

[Reuters] U.S. stocks pare gains after surprise fall in December construction spending

[Reuters] U.S. construction spending unexpectedly falls in December

[CNBC] US and China in 'final stages' of trade deal talks that could end this month, sources say

[Reuters] Easier for China to face tariffs than bend to U.S. pressure

[CNBC] 10 years ago this week, the market hit the climactic bottom of the Great Recession

[MarketWatch] Why a bomb like the one that blew up markets in 2008 may be ticking right now

[Bloomberg] China Plans $90 Billion Cut in VAT for Manufacturers

[Bloomberg] China’s Car Slump Has Dealers Slashing Prices, Giving Cheap Loans

[Reuters] BOJ will debate exit plan for easy policy at appropriate time: Kuroda

[Reuters] Australia economy hits dry spell as incomes fail to flow

[WSJ] Shale Companies, Adding Ever More Wells, Threaten Future of U.S. Oil Boom

[FT] Taiwan manufacturing gauge falls to 3 ½-year low

[FT] South Korean factory gauge falls to worst level since 2015

[FT] Deutsche and Commerzbank: why Berlin is backing a merger