Wednesday, March 27, 2019

Thursday's News Links

[AP] Global shares mixed as US, China set to resume trade talks

[Reuters] Bond yields on the canvas, Turkey's lira on the ropes

[Reuters] Oil falls as Trump calls on OPEC to boost output

[Reuters] U.S. fourth-quarter GDP revised down; profits weak

[Reuters] Exclusive: China makes unprecedented proposals on tech transfer, trade challenges remain - U.S. officials

[Reuters] China will cut real interest rate levels, lower financing costs: Premier Li

[Bloomberg] Trump's Warships Test China’s Red Lines as Trade Talks Grind On

[Reuters] May's offer to quit fails to break Britain's Brexit stalemate

[UK Guardian] Turmoil in Turkey's financial markets after currency crackdown

[Bloomberg] Wall Street Sees Hurdles for Trump's ‘Vague’ Fannie-Freddie Plan

[Reuters] Erdogan says Turkey must cut interest rates to fight inflation

[Reuters] Russia says it sent 'specialists' to Venezuela, rebuffs Trump

[FT] What’s behind the big bond rally?

[FT] Turkey burns through foreign reserves to shore up lira

[FT] February lending to eurozone businesses picks up

Wednesday Evening Links

[Reuters] Wall Street bogged down by growth worries, falling yields

[CNBC] US 10-year Treasury yield touches new 14-month low as yield curve continues to flatten

[Reuters] U.S. current account deficit hits 10-year high; firms bring back more foreign profits

[BBC] Brexit: Theresa May vows to stand down if deal is passed

[Reuters] Fed's George says wait-and-see approach needed for policy

[CNBC] Homebuyers face far fewer bidding wars as the housing market cools off

[Bloomberg] Investors Scramble for Liras as Turkish Swap Rates Touch 1,000%

[Bloomberg] It’s Erdogan Against the Markets After JPMorgan Watershed

[Bloomberg] German Bund Yields Drop Below Japan for First Time Since 2016

[Bloomberg] Villeroy Says ECB Is Ready If the Euro-Area Downturn Worsens

[Reuters] Trump tells Russia to get its troops out of Venezuela

[WSJ] Fed Officials Push Back on Market’s Rate-Cut Belief

[WSJ] Ten-Year Yield Drops Below 2.4%, Hitting Fresh Lows

[WSJ] Turkish Markets in Turmoil as Key Elections Loom

[FT] A leveraged loan bust will hurt less than subprime mortgages

[FT] Investors in EM currencies walk a tightrope between risk and return