Wednesday, April 10, 2019

Thursday's News Links

[Reuters] Wall Street flat as growth worries persist; banks gain ahead of earnings

[AP] World markets mixed on growth, Brexit doubts

[Reuters] U.S. producer prices post biggest rise in five months

[Reuters] U.S. labor market tightening; inflation pressures moderate

[Reuters] Pelosi says infrastructure bill should be $1 trillion-$2 trillion

[CNBC] China’s consumer inflation driven to 5-month high as pork prices rise

[Reuters] China producer inflation picks up for first time in 9 months, eases deflation worries

[Reuters] EU gives May till October for Brexit, seeking clarity

[Bloomberg] China's Property Market Is Feeling the Stimulus Effect

[Bloomberg] China Consumer Inflation Surge Seen as Unlikely to Shift PBOC

[Bloomberg] Kuroda Foe Says Japan Will Prove Modern Monetary Theory a Mistake

[Bloomberg] Trump’s Fed Pick Stephen Moore Says He Will Challenge ‘Growth Phobiacs’

[Reuters] N.Korea's Kim says must deliver 'blow' to those imposing sanctions: KCNA

[AP] China’s spreading influence in Eastern Europe worries West

[FT] IMF warns recent volatility spikes could be ‘tip of the iceberg’

[FT] Turkey’s foreign currency reserves fall by almost $2bn

Wednesday Evening Links

[Reuters] Wall Street ekes out gains as investors shrug off Fed minutes

[Reuters] Oil jumps more than 1 percent as U.S. gasoline stock draw overshadows crude build

[Reuters] U.S. 10-year notes sold at lowest yield since late 2017

[CNBC] Fed officials are leaving the door open for more rate hikes if the economy improves, minutes say

[Reuters] Citing global slowdown, Fed sees no changes to rates in 2019

[Reuters] U.S., China agree to establish trade deal enforcement offices: Mnuchin

[AP] US budget deficit running 15% higher than a year ago

[Bloomberg] U.S. Budget Deficit Widens to $691 Billion in First Half of 2019

[NYT] ‘China’s Manhattan’ Borrowed Heavily. The People Have Yet to Arrive.

[WSJ] Uber Aims for Public Valuation of as Much as $100 Billion, Below Expectations

[FT] Fed puts market on notice saying rates could move in ‘either direction’

[FT] ‘Rocky waters’ for global middle class as incomes flatline