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Wednesday, August 7, 2019

Thursday's News Links

[Reuters] Markets find a floor as Chinese data soothe nerves

[Reuters] Yuan edges up as PBOC signals intent to stabilise decline

[CNBC] China sets the yuan midpoint at 7.0039 per dollar, weakest since April 2008

[Reuters] Exclusive: Germany mulls fiscal policy U-turn, eyes new debt for climate protection - official

[Reuters] U.S. weekly jobless claims unexpectedly fall

[Reuters] China surprises with best export growth since March, but imports remain weak

[AP] China imports from US fall 19% in July amid trade war

[Reuters] China continued Iran oil imports in July in teeth of U.S. sanctions: analysts

[Reuters] More protests as U.S. raises Hong Kong travel warning amid growing unrest

[Reuters] Chinese foreign ministry slams U.S. 'interference' in Venezuela

[Reuters] Japan, led by less apologetic generation, stays tough in South Korea feud

[Bloomberg] China’s Hand Is Stronger Than Trump Thinks

[Bloomberg] China Warns U.S. After Diplomat Meets With Prominent Protesters

[Bloomberg] Companies Use Borrowed Billions to Buy Back Stock, Not to Invest

[Bloomberg] Asset Managers With $74 Trillion on Brink of Historic Shakeout

[Bloomberg] Mortgage-Refi Fever Sweeps U.S., Forcing Brokers to Scramble

[Bloomberg] Defiant Salvini Says Time May Be Running Out on Italy Government

[NYT] China Signals It Will Continue to Weaken Its Currency as Trade War Rages

[WSJ] The Weak Spots in China’s Dollar Empire

[FT] The boomers going bust: why elderly bankruptcy is rising in America