Wednesday, August 28, 2019

Wednesday Evening Links

[Reuters] Wall Street climbs on energy, financials boost

[Reuters] As Argentine peso weakens again, central bank sells $353 million

[Reuters] British PM to suspend parliament before Brexit, opposition denounces 'coup'

[Reuters] Italy's 5-Star tells president it has government deal with PD

[Reuters] Wide spreads and a hunt for higher-rated credits strain CLO equity

[Bloomberg] U.S. Corporate Bonds Are Having the Best August in Four Decades

[Bloomberg] Dalio Says Central Banks Are Losing Ability to Reverse Downturns

[Bloomberg] Crypto Crash Prompts Guessing Game as Bitcoin Breaches $10,000 Again

[Bloomberg] SNB’s Maechler Says Franc Level Means Expansionary Policy Needed

[FT] What is Boris Johnson trying to achieve?

Wednesday's News Links

[CNBC] Dow rises more than 100 points, energy leads

[Reuters] Global stocks under pressure as bond markets ring recession alarms

[Reuters] Pound plunges as Johnson restricts parliament's time before Brexit

[Reuters] U.S. yield curve inverts further, 30-year yields hit new record low

[Reuters] Argentine peso falls again, central bank sells $115 mln

[Reuters] Argentine country risk rises to 2,037 basis points, a 14-year high

[Reuters] Gold holds near 6-year peak on slowdown fears, trade jitters

[Reuters] Oil gains as inventory decline eases recession concerns

[BBC] Boris Johnson asks Queen to suspend Parliament

[Reuters] Uproar as Johnson cuts parliament time before Brexit

[Reuters] Italy inches closer to new government as parties haggle

[Reuters] U.S. mortgage activity posts biggest fall in four months: MBA

[Reuters] Exclusive: China denies Qingdao port visit for U.S. warship amid tensions

[Reuters] U.S. warship sails in disputed South China Sea amid trade tensions

[Bloomberg] Boris Johnson to Suspend Parliament, Triggers Backlash: Brexit Update

[Bloomberg] Yuan's Longest Drop Since 2015 Hangs in Balance After Strong Fix

[Bloomberg] Companies Securitize Everything as Investors Reach for Yield

[Bloomberg] Trade War Hits Housing as Building in U.S. Factory Areas Slows

[Bloomberg] Crazy Midwest Weather Spurs Hardest Year Ever for U.S. Farmers

[NYT] Chinese Currency’s Drop Isn’t Entirely in Beijing’s Control

[WSJ] National-Security Concerns Threaten Undersea Data Link Backed by Google, Facebook

[WSJ] China’s Potential New Trade Weapon: Corporate Social Credits

[FT] China to impose ‘social credit’ system on foreign companies

[FT] Why Japan-South Korea relations have soured