Thursday, August 29, 2019

Thursday Evening Links

[Reuters] Wall Street rallies after China trade comments

[Reuters] Argentine asset prices slide, country risk soars on debt 'reprofiling' plan

[Reuters] U.S. yields climb on trade optimism, weak auction

[Yahoo/Bloomberg] Argentina’s Credit Rating Cut to Selective Default by S&P

[Bloomberg] Trillions Are in Motion as Traders Eye Paradigm Shift for Rates

[Bloomberg] Reinhart Says Full Argentine Default Is Just a Matter of Time

[Bloomberg] Most U.S. Companies Plan to Stay in China and Ride Out Trade Unrest

[WSJ] Young Chinese Spend Like Americans—and Take on Worrisome Debt

[WSJ] Energy Companies Set to Get Reprieve on Methane Rules

[FT] Debt, default and disorder: Macri nears end with familiar crisis

[FT] Argentina’s debt debacle poses a difficult choice

[FT] Trade war drives economic divergence across the eurozone

Thursday's News Links

[Reuters] Tech boosts Wall Street after China trade comments

[Reuters] Argentina bonds plumb new lows, country risk soars, as govt eyes debt 'reprofiling'

[Reuters] China sets yuan midpoint much firmer-than-expected for 3rd straight day

[Reuters] Oil prices pegged back by mounting concern over U.S. economy

[CNBC] Trump says US and China resume trade talks Thursday ‘at a different level’

[CNBC] China says it’s willing to resolve the trade war with a ‘calm attitude,’ hints it won’t retaliate for now

[Reuters] China hopes U.S. will create conditions necessary for September trade talks

[Reuters] Argentina says to extend maturities of international bonds, IMF debt

[Reuters] U.S. second-quarter GDP growth revised to 2.0%

[Reuters] Retailers howl as U.S. trade agency locks in 15% tariffs on September 1

[Reuters] Explainer: Can political unrest in Hong Kong break its currency peg?

[Reuters] Breakingviews - China's big banks feel the bailout pinch

[Reuters] Italy's Conte gets green light to form new government

[Reuters] BOJ policymaker warns of dangers of more easing, widening rift in board

[Reuters] Rotated China troops 'will defend Hong Kong prosperity'

[Reuters] China military says will make 'new' contributions to Hong Kong's stability

[Bloomberg] Mnuchin Says Ultra-Long Bonds Under ‘Very Serious Consideration’

[Bloomberg] U.S. Goods-Trade Deficit Narrowed in July to Three-Month Low

[Bloomberg] Xi to Deliver Major Speech to ‘Mobilize the Whole Party, the Whole Military’

[Bloomberg] China’s Slowdown Deepens in August, Early Indicators Show

[Bloomberg] China Warns U.S. Warship Sailing Through South China Sea

[Bloomberg] Worst Unemployment in Decades Strains Indian Consumer Loans

[WSJ] China Studying Tech Companies’ Exposure to U.S. Suppliers

[WSJ] Has America’s China Backlash Gone Too Far?

[FT] Argentina seeks to restructure $101bn of debt

[FT] China’s renminbi and the global ring of fire

[FT] Russians struggle under burden of soaring consumer loans