Wednesday, August 8, 2018

Thursday's News Links

[BloombergQ] Stocks Mixed Amid Trade Salvos; Dollar Advances: Markets Wrap

[Reuters] U.S. sanctions whack Russia's rouble, Turkey's lira free-falls

[Reuters] U.S. producer prices unchanged in July

[The Hill] Federal deficit jumps 20 percent after tax cuts, spending bill

[The Hill] CBO: National debt could be twice the size of GDP by 2048

[Reuters] Chinese state media accuse U.S. of 'mobster mentality', vow to fight tariffs

[Reuters] Handling of U.S. trade dispute causes rift in Chinese leadership: sources

[Reuters] China's July factory inflation slows but consumer prices accelerate

[CNN] China has an online lending crisis and people are furious about it

[BloombergQ] Turkey Curbs Growth Ambitions in a Bid to Stem Market Rout

[Reuters] Russia reels, denounces new U.S. sanctions as illegal, unfriendly

[WSJ] Trucking’s Tight Capacity Squeezes U.S. Businesses

[WSJ] Investors Doubt Turkey Will Easily Fall Into IMF Safety Net

[WSJ] China’s Central Bank Lets the Credit Flow

[FT] The Italian budget that has bond markets on edge

[FT] China and Russia’s dangerous liaison

[FT] Turkey to set out ‘new economic model’ as lira tumbles

Wednesday Evening Links

[BloombergQ] U.S. Stocks Halt Rally, Dollar Slips With Crude: Markets Wrap

[CNBC] US crude drops 3.2% to 7-week low

[Reuters] Italy's bond yields rise after budget comments by deputy PM

[WSJ] China Retaliates With New Tariffs, Hunkering Down for a Long Trade Fight

[WSJ] Pricey Housing Markets in West Are Cooling Off Most Quickly

[WSJ] The EU Spent a Bundle to Unify the Continent. It’s Not Working.