Wednesday, July 5, 2017

Wednesday Evening Links

[Bloomberg] Stocks, Dollar Gain Amid Fed Minutes as Oil Drops: Markets Wrap

[CNBC] US crude sinks 4.1%, settling at $45.13 and ending longest winning streak since 2012

[Bloomberg] Low Inflation Frays Fed Consensus

[CNBC] The Fed grows worried its loose policy threatens US financial stability

[Reuters] Fed minutes suggest increasing tensions on inflation shortfall

[Bloomberg] Now Fed Officials Are Starting to Wonder If the VIX Is Too Low

[CNBC] Explosion in money flowing into ETFs may lead to a market liquidity problem, Bank of America says

[Bloomberg] Moody's May Still Lower Illinois to Junk Even If Budget Enacted

[CNBC] Two major lending changes mean it's suddenly easier to get a mortgage

[NYT] Fed Officials Split Over Timing on Reducing Debt Holdings

[FT] Fed ready to begin unwinding stimulus ‘within months’

Wednesday's News Links

[Bloomberg] U.S. Stocks Retreat as Dollar, Treasuries Advance: Markets Wrap

[Bloomberg] Oil Tumbles as Russia Is Said to Oppose Deeper Production Curbs

[Reuters] Italian bond yields edge higher as ECB bias, bank rescue cloud picture

[Bloomberg] Rand Slumps as ANC Said to Weigh State Ownership of Central Bank

[Bloomberg] BOE's Saunders Warns of First U.K. Rate Increase in a Decade

[Reuters] China's services sector loses steam in June: Caixin PMI

[CNBC] China shadow banking is slowing amid more coordinated government measures, says Moody's

[Bloomberg] Gone But Not Forgotten: Traders Brace for Volatility's Comeback

[Reuters] North Korea says its ICBM can carry nuclear warhead; U.S. calls for global action

[Reuters] Merkel takes aim at U.S. 'winners and losers' policy before G20

[Reuters] Ahead of fractious G20, Germany and China pledge new cooperation

[CNBC] These are the scenarios for the US response to North Korea

[CNBC] 'Best time in history' for China-Russia relationship: Xi and Putin boost ties

[WSJ] Why Soaring Assets and Low Unemployment Mean It’s Time to Start Worrying

[WSJ] Fed Eyes September Announcement on Balance-Sheet Reduction

[FT] The retreat from QE: a central bank scorecard

[WSJ] U.S. Tells North Korea It Is Prepared to Go to War

[FT] Theresa May braced for a fall as Brexit tests loom