Wednesday, September 25, 2019

Thursday's News Links

[Reuters] Wall Street drops as turmoil in Washington outweighs trade optimism

[MarketWatch] U.S. trade deficit in goods widens slightly in August

[AP] US economy grew at modest 2% rate in second quarter

[Reuters] U.S. business investment much weaker in second-quarter than previously estimated

[Reuters] U.S. pending home sales rise more than expected in August

[Reuters] Dallas Fed's Kaplan says global economy 'fragile' but U.S. will 'skate through'

[Yahoo/Bloomberg] U.S. Sanctions Chinese Shipping Companies for Iran Oil Dealings

[Reuters] ECB's Lautenschlaeger says resigning was best course of action: email

[Reuters] Brexit 'inferno' lays bare a divided United Kingdom

[Reuters] BOJ's Kuroda warns of overseas risks, signals readiness to adjust policy

[Bloomberg] Fed Should Buy $250 Bln in Treasuries, Ex-Officials Suggest

[Bloomberg] Euro-Area Money Supply Grows at Fastest Pace Since 2009

[Bloomberg] Korean Investors Lose 98.1% in German-Rate Bets Gone Very Wrong

[WSJ] Big Banks Loom Over Fed Repo Efforts

[WSJ] Many Manufacturers’ Ups and Downs Have Little to Do With Trump

[FT] Banks snap up $60bn in two-week loans in latest Fed operation

[FT] ‘German problem’ at ECB exposed by Lautenschl√§ger departure

[FT] India is slow to fix banking and finance system’s ‘messed-up gearbox’

Wednesday Evening Links

[Reuters] Wall Street rises on Trump's trade comments; Nike hits record high

[Reuters] U.S. Justice Department to open Facebook antitrust investigation: source

[Reuters] Trump says trade deal with China could happen sooner than people think

[Reuters] Lower mortgage rates stimulate lethargic U.S. housing market

[CNBC] New home sales see unexpected surge, but analyst says ‘entry level’ price is now much higher

[Reuters] U.S. new home sales accelerate; lower mortgage rates a boost

[Reuters] Peloton raises $1.2 billion after IPO prices at top of range

[Bloomberg] N.Y. Fed Boosts Size of Repo Ops After Offerings Oversubscribed

[Bloomberg] Health Insurance Costs Surpass $20,000 Per Year, Hitting a Record

[Bloomberg] Xi Doubles Down on Stability-First Slow Growth in China

[Bloomberg] China Defaults Set to Worsen as $7.8 Billion Bonds Due Next Year

[Bloomberg] Trump’s Interior Department Says ‘There Is Not a Climate Crisis’

[WSJ] New York Fed Boosts Size of Repurchase Operations

[FT] New IMF head warns of world’s ability to handle global slump