Wednesday, May 31, 2017

Wednesday Evening Links

[Bloomberg] Asian Stocks Face Mixed Start; Crude Oil Rebounds: Markets Wrap

[Reuters] Wall Street falls as bank stocks skid, oil dips

[Bloomberg] Fed Survey Shows Modest Growth With Tight Labor and Tame Prices

[Reuters] U.S. pending home sales fall; housing market recovery intact

[Bloomberg] JPMorgan Trading Revenue on Pace to Drop 15% This Quarter

[Bloomberg] China Teaches Yuan Bears Tough Lesson as Currency Surges Anew

[Reuters] Euro zone inflation would rise even if ECB support was reduced - Weidmann

Wednesday's News Links

[Bloomberg] Stocks Gain as Data Back ECB Stimulus; Oil Slumps: Markets Wrap

[Bloomberg] Yuan Surges in Hong Kong as Traders See PBOC Squeezing Bears

[Bloomberg] Euro-Area Inflation Slows More Than Forecast Before ECB Meeting

[Bloomberg] China Manufacturing Gauge Exceeds Estimates as Growth Holds Up

[Reuters] Special Report: 'Ghost collateral' haunts loans across China's banking system

[Bloomberg] Japan's Industrial Production Hits Highest Level Since 2008

[Reuters] British PM May could lose majority in June 8 election: YouGov projection

[CNBC] Election shock? Why you now need to sit up and take note of UK politics

[Bloomberg] Trump Plans to Exit Paris Climate Deal, White House Official Tells AP

[Bloomberg] Illinois Budget Crisis Is About to Get Even Harder to Resolve

[Bloomberg] This Is What the Demise of Oil Looks Like

[CNBC] Here's how long it will take young people to afford to buy a home nationwide

[NYT] Despite Weak Inflation, Fed Is Likely to Raise Interest Rates in June

[WSJ] Doubts Cloud Fed’s Rate Increase Plans Beyond June

[WSJ] Injunction Request Aims to Stop German Role in ECB’s Bond Buying