Thursday's News Links

[Reuters] Markets find a floor as Chinese data soothe nerves

[Reuters] Yuan edges up as PBOC signals intent to stabilise decline

[CNBC] China sets the yuan midpoint at 7.0039 per dollar, weakest since April 2008

[Reuters] Exclusive: Germany mulls fiscal policy U-turn, eyes new debt for climate protection - official

[Reuters] U.S. weekly jobless claims unexpectedly fall

[Reuters] China surprises with best export growth since March, but imports remain weak

[AP] China imports from US fall 19% in July amid trade war

[Reuters] China continued Iran oil imports in July in teeth of U.S. sanctions: analysts

[Reuters] More protests as U.S. raises Hong Kong travel warning amid growing unrest

[Reuters] Chinese foreign ministry slams U.S. 'interference' in Venezuela

[Reuters] Japan, led by less apologetic generation, stays tough in South Korea feud

[Bloomberg] China’s Hand Is Stronger Than Trump Thinks

[Bloomberg] China Warns U.S. After Diplomat Meets With Prominent Protesters

[Bloomberg] Companies Use Borrowed Billions to Buy Back Stock, Not to Invest

[Bloomberg] Asset Managers With $74 Trillion on Brink of Historic Shakeout

[Bloomberg] Mortgage-Refi Fever Sweeps U.S., Forcing Brokers to Scramble

[Bloomberg] Defiant Salvini Says Time May Be Running Out on Italy Government

[NYT] China Signals It Will Continue to Weaken Its Currency as Trade War Rages

[WSJ] The Weak Spots in China’s Dollar Empire

[FT] The boomers going bust: why elderly bankruptcy is rising in America

Wednesday Evening Links

[Reuters] S&P 500 erases big losses to end up; investors buy bargains, yields off lows

[Reuters] Recession fears hammer U.S. 30-year yields to near-record low

[Reuters] Trump says China is 'killing us with unfair trade deals'

[Reuters] Cost to U.S. consumers, businesses of Trump's China tariffs surged in June - trade group

[AP] Why a US-China deal that once looked close now seems far off

[Reuters] U.S. supports direct dialogue between Pakistan, India on Kashmir

[Bloomberg] Ferocious Market Moves Undo Fed Easing, Putting Powell on the Back Foot

[Bloomberg] Evans Says Headwinds Since Rate Cut May Mean More Fed Easing

[Bloomberg] All of a Sudden, Australia’s Housing Market Is Heating Up Again

[WSJ] Inflated Bond Ratings Helped Spur the Financial Crisis. They’re Back.