Monday, July 29, 2019

Monday Evening Links

[Reuters] Wall St. takes a pause in wait for Fed news, trade progress

[Reuters] Pound plunges towards $1.22, prices rising chance of no-deal Brexit

[Yahoo/Bloomberg] Trump’s Debt Binge Puts Treasury Auctions on Path to New Highs

[AP] Treasury projects $433 billion borrowing need this quarter

[AP] Fed set to cut rates for first time in decade. Is it a risk?

[AP] US business economists see slower growth and profits ahead

[SCMP] Dozens of Companies Suspend Fundraising as Investigation into Audit Firm Ruihua Enters Fourth Week

[Reuters] U.S. ethanol industry nearing breaking point: Green Plains CEO

[Bloomberg] Global Weather Chaos Is Also Shriveling Asia’s Crop Production

[WSJ] Federal Borrowing Soars as Deficit Fear Fades

[WSJ] Boris Johnson Ramps Up No-Deal Brexit Rhetoric, Causing Pound to Fall

[WSJ] Boom in Refinancing Boosts Mortgage Lending

[WSJ] Swiss Central Bank Fires Warning Shot on Currency

[FT] Beijing cranks up level of condemnation of Hong Kong protests

Monday's News Links

[Reuters] Wall Street falls as tech drags; Fed meeting eyed

[Yahoo] Pound keeps sliding as UK government ramps up no-deal Brexit plans

[Reuters] Treasuries - U.S. yields fall as markets await Fed decision

[Reuters] Oil loses ground on pessimism over U.S.-China trade talks

[Reuters] A Fed interest rate cut is in the bag. What then?

[Reuters] Trump blasts Fed ahead of meeting, says likely to 'do very little'

[Reuters] That bad? How the U.S. economy stacks up to past rate cut cycles

[Reuters] UK plays Brexit hardball with 'stubborn' EU, pound falls to a two-year low

[AP] Japan-Korea trade spat to intensify with new export limits

[CNBC] Former Fed Chair Janet Yellen says she’s in favor of an interest rate cut

[Reuters] After weekend of violent clashes, Beijing to address Hong Kong unrest

[Reuters] China to conduct military drills in waters near Taiwan

[Bloomberg] Trump’s Debt Binge Puts Treasury Auctions on Path to New Highs

[Bloomberg] China's Economy Weakened Further in July, Early Indicators Show

[Bloomberg] China's Yuan Suddenly Retreats the Most in Three Weeks

[Bloomberg] Why China Has Chickened Out of Another Bank Seizure

[Bloomberg] China Warns Hong Kong Unrest Goes ‘Far Beyond’ Peaceful Protest

[WSJ] Why the Fed Is Cutting Rates When the Economy Looks Good

[WSJ] A Key Reason the Fed Struggles to Hit 2% Inflation: Uncooperative Prices

[FT] Investors huddle in defensive corners of US market