Wednesday, July 12, 2017

Thursday's News Links

[Bloomberg] Relief Rally Spurs Stocks to Record; Dollar Falls: Markets Wrap

[Reuters] ECB to announce winding down of bond purchases in September: WSJ

[Reuters] US producer prices unexpectedly rise on services

[Reuters] Feuding U.S. Senate Republicans to get revised healthcare bill

[Reuters] Global policy shift exposes BOJ yield curve control flaw

[Bloomberg] China June Exports Rise 17.3% as Global Trade Rebound Continues

[Reuters] First tech, now financing: U.S. shale firms get creative to pump more oil

[Bloomberg] Used-Car ‘Time Bomb’ Expected to Drag on U.S. Auto Sales

[Bloomberg] Volatility Index Could Double in the Next 12 Months, Says Natixis

[Bloomberg] Behind China's Boldest Dealmaker, Billions in Pledged Shares

[Bloomberg] China's Outbound Investment Slumps 46% as Company Spree Curbed

[WSJ] Draghi May Address Future of ECB Stimulus at Jackson Hole

[WSJ] Chinese Banks Continued to Exceed Loan-Volume Expectations in June

[FT] Fed chair Yellen gives succour to inflation doves

[FT] Who will chair the Federal Reserve after Yellen?

[FT] China financial ‘windstorm’ eases as central bank injects cash

[FT] Canada’s rate rise is latest shift in global central bank policy

Wednesday Evening Links

[Bloomberg] U.S. Stocks, Bonds Jump on Go-Slow Fed; Oil Climbs: Markets Wrap

[Reuters] Fed's Yellen says rate and portfolio plans on track, cautions on inflation

[Bloomberg] Yellen's Take on Inflation Shifts Subtly in Remarks to Congress

[Bloomberg] Beige Book Adds to Fed's Conundrum Over Jobs and Wages

[Bloomberg] Why Credit Spreads Are Resisting Threats From Rising Rates

[Bloomberg] Investors Don't Hate All Fund Managers, Just U.S. Stock-Pickers

[CNBC] A big deal in nonprime mortgages proves leery investors are finally hungry again

[Reuters] S&P warns more sovereign downgrades likely this year

[Reuters] Credit market a bigger systemic risk than during 2008 crisis: Bank of England

[CNBC] Two major Wall Street banks are saying stocks will struggle the rest of the summer

[CNBC] Machines taking over hedge funds despite lack of evidence they outperform humans

[Bloomberg] The Bank of Canada Shows It's the Federal Reserve of the North

[WSJ] Yellen: Inflation Should Rebound, but Fed Could Alter Policy if Softness Persists

[WSJ] China’s Booming Housing Market Proves Impossible to Tame