Wednesday's News Links

[Reuters] Wall Street higher as focus turns to Fed meet

[Reuters] Shares rally, dollar falls ahead of Fed meeting

[Reuters] Dollar falls as markets increase bets on more Fed easing

[Reuters] China lifts yuan midpoint the most in 5 months to strongest since May 2019

[Reuters] Fed expected to raise economic forecasts, extend vow to keep rates low

[CNBC] In last meeting before election, the Fed could placate markets with promise of low rates for years

[Reuters] U.S. consumer spending appears to slow in August

[CNBC] Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent

[CNBC] Coronavirus live updates: Work-from-home spurs flurry of software IPOs; Eli Lilly touts early success with antibody drug

[Reuters] Hurricane Sally careens into Alabama's Gulf Coast, bringing heavy rains

[AP] Japan’s PM Shinzo Abe resigns, clearing way for successor

[Yahoo/Bloomberg] Shadow Banks Ride Out the Crisis While Virus Ravages India

[Yahoo/Bloomberg] China Lets Traders Push Yuan Toward Best Quarter on Record

[Reuters] Emerging market central bank bond buying puts credibility at risk, S&P Global says

[Reuters] China's Communist Party demands private sector's loyalty as external risks rise

[Reuters] Exclusive: U.S. pushes arms sales surge to 'Fortress Taiwan,' needling China

[Reuters] China says military drills near Taiwan were a 'necessary action'

[Bloomberg] Bank Job-Cull Returns With Global Cuts now Topping 60,000

[Bloomberg] Chinese Communist Party Wants Stronger Role in Private Sector

[WSJ] Mortgage Securities Are Flooding the Market. Thank the Fed.

[FT] Five things to watch at the Federal Reserve meeting

[FT] China’s great power play puts Asia on edge 

[FT] How Brexit and Covid-19 combined to hit UK hedge funds