Tuesday, June 11, 2019

Tuesday Evening Links

[Reuters] Wall Street treads water after recent rally

[Reuters] Trump defends tariff strategy as China says it's 'not afraid of a trade war'

[CNN] Martin Feldstein, one of the most influential economists of his generation, has died

[Reuters] New UK PM will not change Brexit deal: EU's Juncker

[Reuters] World must not 'sleepwalk' into war, Macron says in speech on reforming capitalism

[Reuters] Thousands rally as Hong Kong readies for mass strikes over extradition bill

[Bloomberg] Trump Says He's Holding Up Trade Deal With China Ahead of G-20

[NYT] Risky Borrowing Is Making a Comeback, but Banks Are on the Sideline

[WSJ] Chinese Cash Is Suddenly Toxic in Silicon Valley, Following U.S. Pressure

[WSJ] Bolton Says U.S. Is Expanding Offensive Cyber Operations

[FT] Key currency test looms for unshockable markets

Tuesday's News Links

[Reuters] World shares rally again on Trump tariff relief, Fed hopes

[Reuters] U.S. underlying producer prices increase solidly in May

[Reuters] China says will respond if U.S. escalates trade tension

[Reuters] Under pressure, Fed faces an outlook clouded by trade wars and signs of weakness

[CNBC] Trump says ‘devalued’ currencies put US at a disadvantage and the Fed doesn’t have a ‘clue’

[AP] Trump signals frustration with Fed’s independent policies

[AP] China mum on Trump-Xi meeting as Huawei says sales slowing

[Reuters] U.S. warns extradition law changes may jeopardize Hong Kong's special status

[Reuters] Hong Kong braces for new mass protests against planned extraditions to China

[Reuters] ECB's Rehn: tiering, rates cut, more QE all on the table

[Reuters] Turkey chafes at U.S. pressure over Russian defenses

[Bloomberg] China Sets Yuan Fixing Stronger Than Expected in Sign of Defense

[Bloomberg] Regulators Alarmed by Risky Loans, But Don’t Know Who Holds Them

[NYT] Trump Says Mexico Tariffs Worked, Emboldening Trade Fight With China

[WSJ] Global Stocks Rise as China Plans New Stimulus Measures

[FT] Why ‘cracking seven’ is a big deal for China’s currency

[FT] Debt markets are pricing in a real risk of ‘Quitaly’

[FT] Corporate defaults are picking up across the heartland of Europe