Tuesday, July 2, 2019

Tuesday Evening Links

[Reuters] Wall St. ends higher

[Reuters] Gold jumps 1.5% as yields dropped on global on growth concerns

[Reuters] Treasuries - U.S. yields fall on growth worries, U.K. gilt rally

[Reuters] Oil dives 3% on demand worries even as OPEC, allies extend cuts

[CNBC] Trump to nominate Judy Shelton, Christopher Waller to the Federal Reserve

[Reuters] White House's Navarro says China trade deal will take time: CNBC

[Reuters] EU leaders agree on France's Lagarde to lead ECB

[Reuters] Fed's Mester says she needs more information to support rate cut

[Reuters] Money Markets - Traders add bets on 50 bps U.S. rate cut in July

[Reuters] Automakers post mixed U.S. June sales; SUVs, truck sales stay strong

[Reuters] EU leaders' tentative deal on top jobs hits opposition in parliament

[AP] EU leaders battle to end embarrassing top jobs impasse

[Reuters] Pentagon says China missile test in South China Sea 'disturbing'

[Bloomberg] Fed's Mester Lays Out the Case Against a July Interest-Rate Cut

[Bloomberg] A Lagarde-Run ECB Might Mean a Very Different Kind of Presidency

[Bloomberg] ‘Heaven and Hell’ Now Perfectly Priced in Markets, Pimco Warns

[Bloomberg] Why India’s Troubled Shadow Banks Spook the Market

[WSJ] Christopher Waller, Judy Shelton Are Trump’s Latest Picks for Fed Board

[WSJ] Fed's Mester: Too Soon to Say What Happens Next With Rates

[WSJ] China’s Deleveraging Is Over

[WSJ] China Hardens Line on Hong Kong Protests, Hinting It Could Intervene

[FT] Hong Kong mayhem sparks wave of anger in Beijing

Tuesday's News Links

[Reuters] Relief rally fades as growth fears loom

[Reuters] Oil falls on demand worries even as OPEC, allies extend cuts

[Reuters] Gold gains as weak economic data hints at global slowdown

[Reuters] Treasuries - U.S. bond yields fall in early U.S. trading

[Reuters] USTR proposes $4 billion in potential additional tariffs over EU aircraft subsidies

[Reuters] Rich get richer, everyone else not so much in record U.S. expansion

[Reuters] China says only small number of firms moving supply chains out of the country

[Reuters] China to use RRR cuts to help reduce funding costs for small firms: Premier Li

[AP] Australia’s central bank cuts key interest rate 0.25% to 1%

[Reuters] Trump says Iran 'playing with fire' with uranium enrichment

[CNBC] IMF’s Lagarde in the running to replace Draghi at the ECB

[Reuters] China condemns violent Hong Kong protests as 'undisguised challenge' to its rule

[Reuters] UK warns China of serious consequences if Hong Kong rights not honored

[Reuters] Chinese newspaper calls for 'zero tolerance' over HK protests

[Bloomberg] Trump-Xi Love Arrives Too Late to Repair Trade-War Damage

[Bloomberg] ECB Policy Makers See No Rush for July Interest-Rate Cut

[Bloomberg] Hong Kong on Edge After Historic Night of Vandalism and Tear Gas

[NYT] $2 Trillion Worth of Deals Were Struck in the First Half of 2019, but Caution Crept In

[WSJ] Trade Progress Hides Undercurrent of Risks for Investors

[WSJ] Decline in Share Buybacks Deals Blow to Stock Market

[FT] Danger lurks beneath the consensus on Fed’s next rate move

[FT] Stocks are marching higher but corporate profits are not